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Red Dog Reversal Pattern
This indicator is a interpretation of the Red Dog Reversal Pattern which was discovered by T3Live founder Scott Redler. (AFAIK)
The indicator is maybe useful for Day Trade or Swing Trade.
BUY Criteria:
1. Stock is down for multiple days
2. Stock goes below prior day's low
3. Stock trades back up through prior day's low, which triggers the buy
4. The stop is set at the current intraday low
SELL Criteria:
1. Stock is up for multiple days
2. Stock goes above the prior day's high
3. Stock trades back down through prior day's high, which triggers the sell
4. The stop is set at the current intraday high
Please always remember, there is no holy grail indicator!
The indicator is maybe useful for Day Trade or Swing Trade.
BUY Criteria:
1. Stock is down for multiple days
2. Stock goes below prior day's low
3. Stock trades back up through prior day's low, which triggers the buy
4. The stop is set at the current intraday low
SELL Criteria:
1. Stock is up for multiple days
2. Stock goes above the prior day's high
3. Stock trades back down through prior day's high, which triggers the sell
4. The stop is set at the current intraday high
Please always remember, there is no holy grail indicator!
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。