Holding period impacts the return of your trades.

MELI price moves up 1% or more for 36% of trading days (or every 3 days).
MELI price moves up 2% or more for 21% of trading days (or every 5 days).
MELI price moves up 3% or more for 11% of trading days (or every 9 days).
MELI price moves up 5% or more for 2% of trading days (or every 42 days).
MELI price moves up 10% or more for 1% of trading days (or every 166 days).

MELI price moves up 1% or more for 43% of trading days (or evry 2 days) if holding the trade for 3 days.
MELI price moves up 2% or more for 33% of trading days (or evry 3 days) if holding the trade for 3 days.
MELI price moves up 3% or more for 25% of trading days (or every 4 days) if holding the trade for 3 days.
MELI price moves up 5% or more for 13% of trading days (or every 8 days) if holding the trade for 3 days.
MELI price moves up 10% or more for 2% of trading days (or every 55 days) if holding the trade for 3 days.

MELI price moves up 1% or more for 44% of trading days (or every 2 days) if holding the trade for 5 days.
MELI price moves up 2% or more for 36% of trading days (or every 3 days) if holding the trade for 5 days.
MELI price moves up 3% or more for 27% of trading days (or every 4 days) if holding the trade for 5 days.
MELI price moves up 5% or more for 20% of trading days (or every 5 days) if holding the trade for 5 days.
MELI price moves up 10% or more for 6% of trading days (or every 17 days) if holding the trade for 5 days.

MELI price moves up 1% or more for 54% of trading days (or every 2 days) if holding the trade for 22 days.
MELI price moves up 3% or more for 49% of trading days (or every 2 days) if holding the trade for 22 days.
MELI price moves up 3% or more for 46% of trading days (or every 2 days) if holding the trade for 22 days.
MELI price moves up 5% or more for 37% of trading days (or every 3 days) if holding the trade for 22 days.
MELI price moves up 10% or more for 24% of trading days (or every 4 days) if holding the trade for 22 days.