Thanks Matt for always looking at things in multiple ways.
An alternative to the 2-day may be to use the 2nd DVT as I've
noticed strong trends tend to clip the first one and then reverse
(perhaps further history is needed).
YES that's another idea I've mentioned before, that one can
always use the previous DVT if they wanted more room
the other thing, if a 60 period Stochastic is say less than 65
on a day the DVT would be triggering, I'd probably go ahead and
switch to the 60 Stochastic confirming below 50%. Most of the time
it won't confirm so will enable you to stay in.
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Thanks Matt for always looking
KISS SPX example of a 2 day bar chart
Posted by jared95 on 14th of Mar 2021 at 01:03 pm
Thanks Matt for always looking at things in multiple ways. An alternative to the 2-day may be to use the 2nd DVT as I've noticed strong trends tend to clip the first one and then reverse (perhaps further history is needed).
YES that's another idea I've
Posted by matt on 14th of Mar 2021 at 01:08 pm
YES that's another idea I've mentioned before, that one can always use the previous DVT if they wanted more room
the other thing, if a 60 period Stochastic is say less than 65 on a day the DVT would be triggering, I'd probably go ahead and switch to the 60 Stochastic confirming below 50%. Most of the time it won't confirm so will enable you to stay in.