SQN (System Quality Number) measures the quality of a trading system by comparing the mean and the standard deviation of the trading systems R-multiple distribution.
When this SQN formula is applied to the daily price change of a stock, it measures the trendiness of the market.
SQN (System Quality Number) measures the quality of a trading system by comparing the mean and the standard deviation of the trading systems R-multiple distribution. When this SQN formula is applied to the daily price change of a stock, it measures the trendiness of the market.