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Top Hat Indicator – Simpler Trading
The “Top Hat” Indicator exposes upcoming ‘reversions to the mean’ in advance. These abrupt reversals are often triggered by ‘algo attacks’. This tool offers an objective way to time sector rotation and stay on the right side of the big fund’s ‘trade flow’. Objectively know when to lock in profits.
Top Hat Features:
- Powered by Average True Range measurements in THREE timeframes
- Reveals when to expect ‘algo attacks’ using their own tactics
- Use on intraday or daily charts to anticipate ‘sudden’ reversals Now available for Thinkorswim and Tradestation
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How Do We Use It?
We use the Top Hat indicator to understand when a stock is getting statistically overheated or overly sold.
Also Top Hat works on the premise of Average True Range, but the underlying calculation of the indicator is much more nuanced. Behind the scenes Top Hat is scanning the ATRs of three different timeframes to minimize noise and maximize the effect of the signals it provides.
With automatically scanning these three timeframes all at once and only showing a signal when all three are align the Top Hat indicator is an early warning that the trend may be reversing after reaching statistically significant turning points. Also
Also Get Top Hat Indicator – Simpler Trading on Traderknow.com
Visit more course: FOREX TRADING COURSE
The same course: Bill Williams Eduard Altmann SMB Simpler Trading Van Tharp Atlas Api Training Trading Template Sunil Mangwani Sunil Mangwani Frank Paul . Market Delta Tradingacademy Simplertrading Urbanforex. Candlechartscom Dan Sheridan Pipsociety Atlas Api Training TopTradeTools Todd Mitchell Jerry Singh OpenTrader
Available at traderknow.com
Please contact email: [email protected] If you have any question.
Course Features
- Lectures 0
- Quizzes 0
- Duration 12 hours
- Skill level All levels
- Language English
- Students 68
- Assessments Yes