X-Y Day Filter
The strategy you described is a basic form of a
trading strategy called a "buy-and-hold" strategy with a specific holding
period.
In this strategy, the trader buys the stock at the
current price and holds it for a specified number of days (X days in this
example). After the holding period is over, the trader sells the stock.
After a specified number of
days have passed since the selling date (Y days in this example), the trader
buys the stock again and repeats the process.
This strategy aims to capture
potential gains in the stock's price over a specific holding period and then
sell the stock before any potential downward trend occurs. By waiting for a
specific period of time before buying the stock again, the strategy also aims to
avoid buying the stock at a potentially inflated price.
This strategy is designed to provide an exit
signal after a certain number of days in a long position. It works as following:
first buying a stock at a current price, then holding it X days and then selling
stock. Waiting Y days from the selling date then buying stock again.
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