Superalgos - Tutorial Step - What Else is Going On?

Tutorial Step - What Else is Going On?

Summary: We just took note of what happened after this breakdown of the bands on the 1H chart... What else is going on with the market?

Take a look at the price action a few candles earlier!

Note: There were two breakdowns previous to the one we checked, one on April 9th at 12 hs, and before that, another one on April 7th at 21 hs. Both breakdowns were significant, in the sense that the candles closed way lower than the lower band. However, in both cases price bounced back into the bands.

Defining a Trading Idea — TOC

You just did step 18 in the tutorial.

1. Defining a Trading Idea Tutorial

2. Tutorial - Defining a Trading Idea

3. Tutorial Step - Before we start...

4. Tutorial Step - Ready to Mine..?

5. Tutorial Step - Let's Mine Some Data..!

6. Tutorial Step - Why Test Trading Ideas..?

7. Tutorial Step - The Trading Process

8. Tutorial Step - The Appropriate Context

9. Tutorial Step - The Entry Rules

10. Tutorial Step - The Prediction

11. Tutorial Step - The Testing Mechanism

12. Tutorial Step - Let's Go On a Field Trip!

13. Tutorial Step - Are We Up to Date..?

14. Tutorial Step - BB On the Charts!

15. Tutorial Step - Bollinger Bands Rules

16. Tutorial Step - Can You Think of Any Ideas?

17. Tutorial Step - Breakdown of the BBs

18. Tutorial Step - What Else is Going On?

19. Tutorial Step - Let's Zoom Out!

20. Tutorial Step - The Big Picture!

21. Tutorial Step - What Do We Make of This?

22. Tutorial Step - Look to Your Left!

23. Tutorial Step - Wouldn't It Be Nice?

24. Tutorial Step - March 7th to March 12th

25. Tutorial Step - We've got Two Hypotheses!

26. Tutorial Step - What Is Missing?

27. Tutorial Step - Let's Define the First Two!

28. Tutorial Step - Entry Rules

29. Tutorial Step - Predictions and Testing

30. Tutorial Step - Et Voilà..!

31. Tutorial Step - Ready For The Next One..?

Superalgos is an open-source project run and governed by a decentralized community of contributors. There is no legal entity behind the project. Our body of work lives on the Internet.