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Jeet
23.6K posts

Jeet
@JeetSituationM
EDM is Life/ A trendline can change your life/ Price is God, everything else is BS
Johannesburg, South Africa Katılım Ocak 2010
145 Takip Edilen4.6K Takipçiler

You simply can't script this into your trading risk - Execution spot on, stock goes under Short Qty as the broker can't deliver. Stock reverses to original cost but you still can't action. You finally get delivery, and have to cut it for a 3% loss 😑 #RaymondRel
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@finallynitin @stocksgeeks Thank you to both for creating this, will be interesting to back-test over the years (manually) the overlap with good market swings experienced in individual trades.
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🚨 Introducing the XP market breadth score!
XP is a market breadth score that tells the underlying health of the broader market in a single number.
The XP score is an open-source proxy for @stocksgeeks's proprietary EM score, & is now freely available under the Stocksgeeks MBI 2.0 indicator, which you can find here:
tradingview.com/script/15h8dE9…
How to interpret the XP score
XP and EM share the same regime band structure, so the same ranges apply. XP >= 15 is the swing-friendly environment. In practice, the score is most useful around the regime boundaries. e.g. a move from 11 to 13 is more meaningful than a move from 17 to 19, even though both are two-point changes.

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