Trading Halts

[aida]

Is there any Indicator to trade HALTS? Most of the time when I see a HALT, RSI is above 80 and it is very difficult to trade long.

 

[Yeahbutstill]

Thats usually the case. I jump in after a halt if the release is met by big volume. Otherwise just wait for a pullback and look for an entry on a swing. If you want a bot that alerts all halts just follow halibut on twitter

 

[aida]

I have the alert system to track the HALTS but looking for a indicator to point in the right direction

 

[pm4345]

Is there any Indicator to trade HALTS? Most of the time when I see a HALT, RSI is above 80 and it is very difficult to trade long.

Hi, The best way to trade the halts is to look at the MACD in 5m , if the MACD is just crossing the zeroline and the stock is halted and at the same time MACD Value is greater than AVG in 1hr and 4hr charts , then there is a very good possibility that stock should be going upwards after the release from halt. Another best way is to draw fibonacci in bigger timeframes and see if there is a run left after the halt release...

 

[aida]

Hi, The best way to trade the halts is to look at the MACD in 5m , if the MACD is just crossing the zeroline and the stock is halted and at the same time MACD Value is greater than AVG in 1hr and 4hr charts , then there is a very good possibility that stock should be going upwards after the release from halt. Another best way is to draw fibonacci in bigger timeframes and see if there is a run left after the halt relea

 

[aida]

Appreciate your response. Will try this!