Ants indicator is how David Ryan interprets institutional accumulation over the last 12-15 periods. This is not to say that the price will continue its momentum because this is still a lagging indicator. So it should be complemented with price action strategy.
I supplement this indicator with Mark Minervini’s Trend Trending Criteria (which is all green on weekly timeframe) as well as Relative Strength Rating (which happens to be 99 on daily timeframe).
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