Thank you for your hard work, Matt! These systems are never
going to be perfect and will always miss something.
If I were to devise a trending indicator, I would use a momentum
in notes as my leading indicator, and a duration and a range of the
consolidation from which the prior move resulted as my input
factors to calculate stored energy from prior squeeze.
Sometimes these correlations are broken, and yet sometimes
they work well. Based on the work of John Carter, a squeeze
lasts between 8 to 10 bars on the time frame on which the chart is
viewed, FWIW.
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Thank you for your hard
SPY and ES systems closing out the SPY bear long
Posted by junkie on 9th of Jan 2023 at 02:08 pm
Thank you for your hard work, Matt! These systems are never going to be perfect and will always miss something.
If I were to devise a trending indicator, I would use a momentum in notes as my leading indicator, and a duration and a range of the consolidation from which the prior move resulted as my input factors to calculate stored energy from prior squeeze. Sometimes these correlations are broken, and yet sometimes they work well. Based on the work of John Carter, a squeeze lasts between 8 to 10 bars on the time frame on which the chart is viewed, FWIW.