Abbreviation: Inactivity%
Category: Trading Strategy: Exit Signals
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
| Minimum Percent Change | Real >= 0 | 10 |
| Bars | Int >= 0 | 20 |
Calculation:
If the price over the specified number of Bars does not advance more than the Minimum Percent Change then
= True (1)
else
= False (0)
For a long position the percent price advancement is calculated as 100 * (highest high since lowest low – lowest low) / lowest low
For a short position, the percent price advancement is calculated as 100 * (lowest lo w since highest high ‘ highest high) / lowest low since highest high
Discussion:
Indicates when price does not advance more than a specified percentage over a specified number of price bars. Very useful as an exit signal for a trading strategy.