Quote from Alvianse_D:
That's right I'm long from 700 but knew that based on the A/D Line price would breakout through the winter's pivot range before it turned. I wait for confirmation.
I don't care if you don't believe me, a cursory glance at the chart paints the picture and I trade that spreadsheet chart.
To answer your other question but more for others than your jack-ass-hattery: my stop is two ATR trailing - I double up after a pullback after hitting 3 ATR, three times, then scale out selling part of my inventory to others who don't know another ATR pop awaits. I scalp that minor swing and reverse.
It's called inverse martingale trend following.
