Thank you again Dan this is exactly what is was asking for. When the D1 breaks a level, then slingshots itself back and closes above/under the level it broke intraday (like TSLA yesterday) do you think the level/line can still be used even when it's now going through a wick? ( I know it depends how it reacts etc. but I haven't yet found myself a good answer for that)
@danielschultz2807 Жыл бұрын
You'll see traces of its influence intraday but it won't be as strong. I call them "ghost algos"
@empyreal2361 Жыл бұрын
Appreciate the inchworm analogy Dan that's awesome. Quick question: If we go long and breach an algo line/resistance with an above average volume candle, do we still need to wait for that algo line/resistance to be retested?
@danielschultz2807 Жыл бұрын
I personally prefer to do so. If your algo break is confirmed, there is plenty of room to profit on it
@Riverplacedad1 Жыл бұрын
Bollinger Bands, RSI Laguerre, Fractal Energy, and Stoch and I’m set