TradingView
TradeYung
Mar 15, 2021 7:33 PM

test of the 80% rule Long

SERINUS ENERGY PLC ORD NPVLSE

Description

The 80% Rule states that when the market opens or moves above or below the value area but then returns to the value area twice for two periods, there is an 80% chance of filling the value area.
Originally this rule is used with half hour periods but it seems like it can be used on other timeframes as well
More