Analysis Techniques & Strategies

Volty Expan Open LE (Strategy)

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Input Information

Name Type Default Description
Length Numeric 4 Number of bars used to determine the average range.
NumRanges Numeric 1.2 Multiple of the average range used to determine stop price.

Usage

Long entry based on price movement beyond the average range.

Description

This strategy generates a long entry order at the open of the next bar plus NumRanges (Input) times the average of the range.

Order Name: VltOpnLE

Related Strategy: Volty Expan Open SE

Related Function(s): Average, Range