PTON example

    Posted by matt on 7th of Jan 2021 at 11:06 am

    frustrating morning, friggen automatic Windows update messed up my computers and Tradestation, been working on that all morning.

    anyway showing an example of things I'll be monitoring more of. PTON for example has been on the watchlist before, it's also an IBD 20 stock. Yesterday I had noticed that it and CRWD pulled back to their ATR indicators near their DVT's as well and also I saw a cycle buy on the 195 min chart as a nice confirmation trigger. Also the daily was a perfect retest of former resistance became support.  CRWD also had a similar pattern as far as the ATR and DVT retest

    These DVTs are so helpful;

    Posted by cozz101 on 7th of Jan 2021 at 02:46 pm

    These DVTs are so helpful; kept me in AMD the other day with a larger stop than I was giving it. Glad I followed it! AMD looking good today and to me looks like it wants to break out of a small consolidation. 

    I know this is not

    Posted by matt on 7th of Jan 2021 at 03:00 pm

    I know this is not that important but thinking about renaming the DVT's. I know the DVT sort of flows off the tongue now and that's a good thing, but the DVT was actually suggested to be by someone else dynamical variable trigger. The issue I have with that name is that it's redundant with 'dynamic and variable' basically the same thing.

    a better name or names might be 

    DST = Dynamic Smarter Stop or Dynamic Smart Stop?
    STS  - Smarter Trial Stop or Smart Trialing Stop?

    hmmm how about BPTs smart

    Posted by morton7 on 7th of Jan 2021 at 03:25 pm

    hmmm how about BPTs smart stop?

    BPT Smart Stop Is redundant

    Posted by ridgetopab on 7th of Jan 2021 at 03:52 pm

    BPT Smart Stop Is redundant i.e.   BPT = Smart :)

    BPTS  (BreakPoint Trade Stop)  - Brand It

    Alternate - FS (for the Frailey Stop)

    BPT 2 Break Point Trade Trigger

    Posted by jonesy85 on 7th of Jan 2021 at 03:24 pm

    BPT Break Point Trade Trigger

    How about DTS- Dynamic Trailing

    Posted by cozz101 on 7th of Jan 2021 at 03:03 pm

    How about DTS- Dynamic Trailing Stop    OR    MTS- Matt's Trailing Stop?

    nice! also had a buy

    Posted by matt on 7th of Jan 2021 at 03:00 pm

    nice! also had a buy cycle  the 120 min chart show up a few days ago too, also notice that 60 Stochastic tested 50% there and rebounded.  Currently ribbons are pinched so now hopefully price can launch higher so that we get a new DVT

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