From 2e8a06bb8f69bdd8b8b640cc98155983415bc06b Mon Sep 17 00:00:00 2001 From: moshferatu Date: Tue, 19 Nov 2024 06:31:28 -0800 Subject: [PATCH] Add parameters and update description in New 52-Week Highs and Lows strategy documentation --- strategies/new-52-week-highs-and-lows/README.md | 10 +++++++++- 1 file changed, 9 insertions(+), 1 deletion(-) diff --git a/strategies/new-52-week-highs-and-lows/README.md b/strategies/new-52-week-highs-and-lows/README.md index e54163e..d7f7e71 100644 --- a/strategies/new-52-week-highs-and-lows/README.md +++ b/strategies/new-52-week-highs-and-lows/README.md @@ -4,6 +4,14 @@ The idea for these strategies comes from chapter 8 of [*How Markets Really Work* As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly. -The strategies are based on the [HILO indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/hilo-index) which calculates the difference between the **New 52-Week Highs** and **New 52-Week Lows**. +The strategies are based on the [HILO Index indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/hilo-index) which calculates the difference between the **New 52-Week Highs** and **New 52-Week Lows**. + +## Parameters + +**High / Low Period**: The number of days over which to check for highs / lows. (Default: 5) + +**Long-Term Trend Period**: The period of the long-term trend as measured using a simple moving average. (Default: 200) + +**Days to Exit**: The number of days to wait before exiting a trade. (Default: 5) --- \ No newline at end of file