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Hayniet4
Posted : Sunday, February 19, 2017 1:37:12 PM
Gold Customer Gold Customer

Joined: 4/19/2016
Posts: 41

Hi,

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.

traderc
Posted : Tuesday, June 20, 2017 5:05:36 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 65

Hayniet4 search the board for golden triangle i use it

rctrade

 

diceman
Posted : Tuesday, June 20, 2017 7:10:30 PM
Gold Customer Gold Customer

Joined: 1/28/2005
Posts: 6,036

Golden Triangle

 

http://forums.worden.com/default.aspx?g=posts&t=62424

 

 

Thanks

 

UnclePennybags
Posted : Saturday, July 01, 2017 11:27:23 AM
Registered User
Joined: 6/30/2017
Posts: 799

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.

Four Specific Steps for Trading Successful Trend Reversals, By Corey Rosenbloom
 
It's well written and well illustrated. Enjoy!
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