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A Mechanical Trading Rule That Generates a Buy Signal If

question 14

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A mechanical trading rule that generates a buy signal if the price of the security moves by more than a pre- established percentage from its previous lowest price and a sell signal if it again moves by the same percentage from its previous highest price is known as what?


Definitions:

Building Block

In computing, a building block can refer to fundamental components used to create more complex structures or programs, like modular code sections.

Combo Box

A GUI element that allows the user to choose one option from a dropdown list.

Drop-Down List

A graphical control element that allows a user to choose one value from a list.

Modify Content Control Properties

The process of changing settings and attributes of content controls in document editing software to alter their behavior and appearance.

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