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Close above 30% from 52 weeks (or 252 days) Low

Scheduled Pinned Locked Moved Ask Definedge Team (Subject related)
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  • G Offline
    G Offline
    G Heble
    wrote on last edited by
    #1

    Hi,

    I would like to add a condition to system builder strategy which checks if current price is at least 30% above its 52 week (or 252 day) low.

    I tried this with the High-low retracement indicator, but the inputs for the indicator are confusing.

    • If I have to specify Percent, then what is the purpose of Retracement Percent? Do both values need to be same?
    • What does breakout mean here? Does a value of 252 means that it will check 30% retracement above 252 day low?

    8302e740-1c79-47e1-a254-cb8e5956e326-image.png

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