Template Description
This template Identifies specific swing trade signals that fire:
Doji = daily critical state? (small range, Close near Open)(both directions)
Ch = Channeling system (Bullish only, pulls back to oversold)
OR= Overreaction System (Bull or bear, sharp move away from trend; alert)
WO = Washout system (oversold annually and 10day, but 1 day of strength)
5DD = 5 Days Down (5 lower closes, alert for both directions; great setup)
TS = Triple Screen (hattip: Dr Elder; strong trend, pullback, and 1 good day)
551w – 551w swing system: relaxed form of the TS
Maxpain = lost the most% since its 10d Hi
MPRC = Max pain range compression (%lost since 10d Hi / today’s range)
AF R:R = Auto Framer reward: risk ratio if auto-framed to test 10d hi with mechanical entry