Simpler Trading – Top Hat Indicator

The Average True Range measurement in THREE timesframes reveals when to expect ‘algo attacks’ using their own methods File size 10.5 MB

Simpler Trading – Top Hat Indicator

Top Hat Features:

• Powered by the Average True Range measurements in THREE timespans
• Let’s find out when you can expect it. ‘algo attacks’ They use their own tactics
• You can use intraday or daily charts for anticipating ‘sudden’ Tradestation and Thinkorswim now have reversals

One of the most fundamental aspects of trading is the reversion to the average. What does that mean? What goes way up must go down, and the opposite must be true for what goes way down.

It was this concept that inspired the creation of the Top Hat Indicator. Top Hat The indicator on the charts is meant to signal when a stock has become too hot/cold and the probability of it dropping. “mean reversion” Or, to put it another way, a move in the other direction is most likely.

Financial instruments all have a personality that can be measured in terms of average true range. A stock such as Pfizer, for example, will move significantly less each day.-To-Intel is comparable in price to Intel’s. Understanding the stock’s personality and understanding the concept of mean-reversion drives the stock. Top Hat indicator.

This indicator can be used as an indicator for a swing that pushes the limits of the normal move. This usually precedes a reverse in the opposite direction.