DislikedWhat makes this technique described here a bit different from the others is the handling of the repaint issue, meaning after a starburst you at first DO NOTHING. This is utterly important. Because if you did, you can very easily get stopped out.
Now here comes in play the WAIT FOR THE 2ND LEVEL DOT and the CANDLE CLOSE after that. It so looks for a lower high compared to the starburst and then takes this for the start of a reverse. Until now I waited for a break of an 5/21 ema or something like that ... but I will demo this now for a while....Ignored
But before you code your EA, what's your statistics on this?
More robust ways of doing this are available!