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It's not really a stop, but more of a moving price target based on either the close of the previous bar or the anticipated close of the active bar (using 8 tick range bars). Not sure which, but I'd like to avoid buying their DVD to answer one question. The strategy seems to work either way...

Not sure what you mean. GA

All, Does anyone know the exit adjustment rules for the ping pong strategy? If a trade starts going against you, do you adjust only on the close of the active bar, or do you adjust as the active bar expands its range. For example: you are short, but the active bar closes higher so you...