diff --git a/strategies/put-call-ratio-highs-and-lows/README.md b/strategies/put-call-ratio-highs-and-lows/README.md index 4963dd0..95a40f0 100644 --- a/strategies/put-call-ratio-highs-and-lows/README.md +++ b/strategies/put-call-ratio-highs-and-lows/README.md @@ -1,3 +1,9 @@ # Put / Call Ratio Highs and Lows +The idea for these strategies comes from chapter 9 of [*How Markets Really Work*](https://moshferatu.dev/moshferatu/how-markets-really-work) (2012) by Larry Connors. + +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 [Put / Call Ratio indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/put-call-ratio) which calculates the total put options volume divided by the total call options volume. + --- \ No newline at end of file