×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

Changes - MultiCharts
Open main menu

Changes

PercentR LE

695 bytes added, 12:56, 7 October 2021
Created page with "PercentR LE (Long Entry) places a long entry order next bar at open when the percent retracement value goes from below the OverSold level to above the Trigger level. If the pe..."
PercentR LE (Long Entry) places a long entry order next bar at open when the percent retracement value goes from below the OverSold level to above the Trigger level. If the percent retracement value goes above the OverBought level, the order is cancelled.

== Default Inputs ==

'''Length''' - number of bars used for the percent retracement value calculation.<br>
'''OverSold''' - at this value the PercentR is considered to be OverSold.<br>
'''OverBought''' - at this value the PercentR is considered to be OverBought.<br>
'''Trigger''' - this value triggers the entry when PercentR is considered OverSold.

Use [[PercentR SE]] for entering a hort position.




[[Category:Pre-built Signals]]