1. How many tops and bottoms are minimum needed for a data sample of 2 years.
2. Can we have some constant percentage consideration of price movement to mark tops and bottom. i.e a price above of below of minimum 5% consideration to mark top and bottom would make the identification of tops and bottom uniform.
3. In a sequence of HBHT, i am able to locate the stop loss and entry value. How do I decide on the exit price considering that my reward is more than risk?
Hi,
1) There is no limitation.
2) Not in a percentage basis.
3) Returns are based on how much of risk you are going to take (Note- Set your risk vs reward ratio 1:1 or else 1:2)