! 80-20 is The Taylor Trading Technique
that has been modified to show
! the market open in the top 20% and closed in the lower 20% of
its
! daily range. RUn this with markets set in properties.
! Yesterday the market opened in the top 20% of its daily range
! and closed in the lower 20 %percent of its daily range.
Lowvalueyday is Val([High],1) - (Val([High],1) - Val([Low],1)) *
0.02.
CloseValueyday is Val([High],1) - (val([High],1) - Val([Low],1))
* 0.08.
Intop20 if val([Open],1) >= Lowvalueyday and val([open],1) <=val([high],1).
Inlow20 if val([Close],1) >= Closevalueyday and val([Close],1) <=val(
[high],1).
! Today the market must trade 5 ticks below yesterday's low.
Todayslow if [low] < Val([low],1) - 5.
Buy if Valresult(Intop20 and Inlow20,1) and Todayslow.