DislikedThe next thing I need to know is how to identify head fakes. Especially when coming out of consolidation. I think this indicator could be a good filter. Will try it out next week. {image} {file} I believe it identifies possible head fakes as follows: 1. Two consecutive ups, with the second high-close distance greater than the first one. 2. Vice versa for two consecutive downs. The arrows can probably be ignored during trends especially if you are riding it. I would use them to filter out entering reversals or coming out of consolidation. Anyway...Ignored
You cannot be extraordinary by being normal