T-Linewise don't look at me man it's just a link. Dude out of Alaska showed it to Bigalow and he popularized it so I make no claims to something that's just laying around.
If you put in the work and it gets the job done, then it is your T-Line. For my two cents, exitwise it can make a good way to stay with a trade and get some good calm rides. Sure, there's always gonna be some mfe left but for my purposes it works fine. If it's hangin 10 far out over the t-line and a piv comes by, it can pull me out of a trade depending on time of day, the bigger picture, etc. I like KC's SQQQ and SOXL for ira trades on a 5m chart. UVXY has that funky K2 extra tax form thing here in the states so I don't mess with it.
Trading the T-line - Stephen Bigalow
https://www.elitetrader.com/et/thre...t-right-here-baby.335635/page-15#post-5162295
Are you anywhere near an aquarium with a big ass salty in it?