I was playing around with a version of the Weekend Trend Trader and was interested to see the results of a breakout through a key whole number (e.g. 20c, $1, $2.50 etc).
Here are the results per level on the ASX. The rules are that it has to be the first break of that number in 52 weeks:
Looks like a small edge starts to appear above 80c.
Taking some keys psychological numbers (80c, 90c, 1, 1.1, 1.5, 2, 2.5, 3), the results are:
Using all 0.10c levels from 10c to $3 (10c, 20c, 1.50, 2,10, 2,80, etc) we get: