evdubs / renegade-way

Option Trading Application
Mozilla Public License 2.0
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Evaluate the addition of Stock Outlook #4

Open evdubs opened 4 years ago

evdubs commented 4 years ago

For each of the bullish/bearish chart patterns, the Stock Outlook is computed like:

Profit / ATR = Stock Outlook

Computing the Stock Outlook helps determine whether to use Long Calls/Puts (-3 and +3) or resort to a spread (-2/-1 and +1/+2).