iShares Semiconductor ETF
Short
Updated

This True Range Algorithm is Signaling a Short Term Pullback

180
On average a position was held about 7 trading days. Check out the strategy results below for detailed statistics.
Note
The trade has no stoploss and the position is swapped from long to short according to the strategy. I manage my risk via adjusting position size and the Max Drawdown % which in this case is a bit high at 35.9% (see numbers below).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.