Orb

If anybody is interested...toby crabel thinks that if there is a narrow range bar (the market's range is much narrower than the previous 4-7+days) and then the next day the market gaps up above/below yesterday's high/low (say by 1 percent), you've got a good chance that the stock will run up for a while. If there is high volume and the stock runs up for 5-10 minutes, then it's probably even better.

Natalie, if you can test that, I'll send you some flowers.
 
Quote from riskreward:

If anybody is interested...toby crabel thinks that if there is a narrow range bar (the market's range is much narrower than the previous 4-7+days) and then the next day the market gaps up above/below yesterday's high/low (say by 1 percent), you've got a good chance that the stock will run up for a while. If there is high volume and the stock runs up for 5-10 minutes, then it's probably even better.

Natalie, if you can test that, I'll send you some flowers.
More...

Better use 5 to 8 days (Fibonacci twist ...) :)


ttrader
 
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Quote from riskreward:

If anybody is interested...toby crabel thinks that if there is a narrow range bar (the market's range is much narrower than the previous 4-7+days) and then the next day the market gaps up above/below yesterday's high/low (say by 1 percent), you've got a good chance that the stock will run up for a while. If there is high volume and the stock runs up for 5-10 minutes, then it's probably even better.

Natalie, if you can test that, I'll send you some flowers.
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Better use 5 to 8 days (Fibonacci twist ...)


ttrader
More...

better to use 1 day!
If I find a large range day followed by a single narrow range day (less than half of the previous day), I look for a continuation in same direction as large bar on the third day. Not backtested, just an observation...

I am sure Fibonacci would agree :D
 
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