9 lines
574 B
Markdown
9 lines
574 B
Markdown
# New 52-Week Highs and Lows
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The idea for these strategies comes from chapter 8 of [*How Markets Really Work*](https://moshferatu.dev/moshferatu/how-markets-really-work) (2012) by Larry Connors.
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As with most of the strategies from this book, they are meant to illustrate certain characteristics of the market rather than be traded directly.
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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**.
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