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I recently watched a new webinar from TOP Trade Tools about their new AMP advisory service. The basic gist is they are using a scanner looking for a strategy signal. In this case they are using their proprietary HFT Hedge Fund Trender Strategy to first get all the buy or sell signals, then they are filtering the scan symbols to see if they are in an area of high energy meaning plenty of juice in the tank. I want to try to identify their TOP Swing Energy indicator. When the signal occurs in a high swing energy area it is more likely a better, more powerful signal. Here is an example See chart here
I want to identify what the filter signal is similar to in the open code market. I assumed it was a function of ADX probably, but I asked on the webinar and he was vague but said it had "cyclic factors" so I am clueless. Any help is appreciated.
Here is another slide from the webinar showing a winning and losing trade See chart here
Unfortunately, he doesn't show the filter on the same chart, just says it was high or low energy when the signal occured. The logic seems sound, and a filtering indicator like this would be useful for any trading system that gives buy/sell signals. Any and all help is appreciated. You can sign up to watch the webinar Here
They run the webinar numerous times.
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