Quote Originally Posted by Pascal View Post
The Breakout Calculator used the 50MA as long-term average. this means that a test of a short on a bounce while the price stays below the 50MA would have me tested all the prices below the green 50MA line, which is what I need.

150 days capture all these prices.
Thanks Pascal. Now that's clear to me.

What about: "The sensitivity analysis shows that the higher we enter the short in the envelope the better the trade." What are the signs that it is preferable to wait for price to get higher? What should we look at?

Jarek