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Pull Back Indicator Suggestions
I'm working on a new Pullback stratgy. Alot of those entries come in REALY uncomfortable places. I'm looking for something that possbibly diverges and is more reliable than random?
(L1=MINL10 and c>o) OR (L=MINL10 and C>O) and ATR8 > MIN(ATR8.1, 5) is my base alert. Can enter next day or up to 4 days.
OR some filter in general. This produces too many opportunities. I'm trying to filter out some of the junk.
Hayniet4 search the board for golden triangle i use it
Pullbacks are a huge topic and there's no one right answer for everybody, but...
Lately I've been reading Corey Rosenbloom's stuff and here's a good read for you. The article's title is misleading, I believe, because it's really more about trading pullbacks than identifying trend reversals.