Hello Everybody,
I hope that all of you enjoyed the Christmas Days and that you have some moments to think about the following:
Using Price History of Metatrader 4 I would like to measure the length of the largest trend in a given length of time before it retraces for x points .
Result could be: in the last 6 month EURUSD moved up 300 points before going down 50 points.
That is to figure out the risk of different currency pairs, playing the counter trend.
Maybe something similar already exists?
Happy Trading!
I hope that all of you enjoyed the Christmas Days and that you have some moments to think about the following:
Using Price History of Metatrader 4 I would like to measure the length of the largest trend in a given length of time before it retraces for x points .
Result could be: in the last 6 month EURUSD moved up 300 points before going down 50 points.
That is to figure out the risk of different currency pairs, playing the counter trend.
Maybe something similar already exists?
Happy Trading!