If this has already been covered I apologize and please redirect me to existing posts. I'm relatively new to TOS and have found and rely heavily on Mobius's excellent studies (SuperSmoothStochastic and TMO) and have been analyzing patterns on stocks I trade in that have had very good run-ups in the last 5 days. It's easy to validate the trend in the middle of the runup but I'm trying to determine which buy signal comes first and whether I can rely on that alone, or need a more complex scan utilizing multiple signals to get in on these successful trades at an earlier point.
Here is my Marketwatch view with 5 day increase. Strength Meter is green, TVO/TMO is bullish, ADX is generally >24. This is all good but I can't build a scan on this as the trend has left the station. But it got me thinking about how to buy into these as they are started and validated.
This table below from my analysis indicates which buy signal occurred first, followed by others.
This is a typical chart for most of these symbols.
Again, not sure what type of scan to build. Thanks in advance, Fred
Here is my Marketwatch view with 5 day increase. Strength Meter is green, TVO/TMO is bullish, ADX is generally >24. This is all good but I can't build a scan on this as the trend has left the station. But it got me thinking about how to buy into these as they are started and validated.
This table below from my analysis indicates which buy signal occurred first, followed by others.
This is a typical chart for most of these symbols.
Again, not sure what type of scan to build. Thanks in advance, Fred
