Topic: Definition of "Price Move"
Can somebody give me a plain-English description of what 'Price Move' actually does ? It states "Enter long after an upward move" but thats very vague. How is a an upward move defined and when do we enter long ?
For example, if I state a "price move" of 100 pips, does that simply mean that a long position is entered if the price moves down 100 pips ? In this bar or the previous bar ?