Denis Hamel

Tested it on 4,223 clean +7 ATR legs. • SMA20 trail: too tight — exits the middle of moves (+23R) • Trim 50% @ 7 ATR + rest to SMA50: +40.5R • Hold 100% to SMA50 break: +44.1R Tight trails kill runners. Trimming clips outliers. Verdict: trim if you need to sleep — but it's comfort, not edge.

@SteveDJacobs ,@jfsrev I ran a 13-year study (2012-2025) on ATR extensions across 5,506 US stocks (~50M stock-days). How often do stocks actually hit those 7–11 ATR levels above the 50-SMA? 👇

@klukznusli My own Research platform

@denis__hamel Thanks for really insightful posts, really good! Where do you run your backtests?

@PottebaumJunior @jfsrev Both formulas measure ATR extension, just differently: Jeff's: (% above SMA50) ÷ (ATR%) — volatility-normalized extension Mine in follow-up: (Close−SMA50) / ATR — pure ATR-units They differ by a factor of (Close/SMA50). The further extended, the bigger the gap.

@denis__hamel @jfsrev @jfsrev your reposting this but using a different way of calculating ATR Extension. In the words of Denis you are using the inflated ATR at least with your script: de.tradingview.com/script/oimVgV7…

@PottebaumJunior @jfsrev Same pattern as the prior list — all 6 in dataset, none hit 20 under standard (C−SMA)/ATR: SNDK 10.96 MU 8.35 ← only CLEAN MXL 10.18 RXT 7.06 (+227% single day!) MRAM 8.61 AGL 7.93 5 of 6 tagged as gap-events. Same formula nuance as before.

@denis__hamel @jfsrev We already had at least 4 just in the last 2 weeks alone: SNDK, MU, MXL, RXT, MRAM, AGL just to name a few

The "inflated" ATR formula trap: It mixes units: % above SMA50 divided by ATR-as-%-of-price. Looks innocent. Secretly equals Standard × (Close/SMA50). So the further the stock extends, the more the ruler stretches — and your reading inflates. QUBT 2018: real 10 ATR. Inflated formula: 75.

So this study only includes stocks that have atleast 10 FULL years of history? Anything that IPO'd after 2016 was not included? Asking because your claim of only 4 stocks over a 20 ATR % extension seemed off, and I found 7 just off the top of my head from the past couple years. I'm sure there's plenty more. $HYMC - 12/23/25 $UAMY - 10/14/25 $CRML - 10/14/25 $QUBT - 12/17/24 $QBTS - 12/17/24 $RGTI - 12/17/24 $OPEN - 9/11/25

Great catch — turns out you're right under a different ruler. All 7 of your tickers ARE in the dataset (incl. post-2016 IPOs like CRML which only IPO'd Feb 2024). But none of them hit 20 ATR under the *standard* (Close−SMA50)/ATR formula. Their actual peaks: HYMC 8.13 · UAMY 8.46 · CRML 8.01 QUBT 10.12 · QBTS 6.72 · RGTI 7.51 · OPEN 8.32 Under the INFLATED formula I corrected from in this study? They ALL read 20+: HYMC 21 · UAMY 25 · CRML 32 · QUBT 75 · QBTS 21 · RGTI 35 · OPEN 25 Why the gap? As a stock rips, the ATR (denominator) expands fast. A 5x off SMA in dollars doesn't equal 5x in ATR-units — the ruler stretched. What you're remembering as "20+ ATR" is closer to "% above SMA50" — also a valid measure, just much bigger numbers (158% to 641% for those 7). #FinTwit #SwingTrading

@uberbleu_ @SteveDJacobs @jfsrev x.com/denis__hamel/s…

@denis__hamel @SteveDJacobs @jfsrev Hey Denis, can you DM me to explain the logic behind how you coded this? I was very inspired after reading this because it's an important measurement and I'm doing it on forex. I want to compare our thoughts in how we structured the study.

@FranVezz Where is it, im in montreal I’ll drop by to take a coffee

Nothing like seeing an idea come to life. Sign a lease, make a plan, construction, hire a team. Build, grow, develop unity. Build a community. Thankful!! 🙏☕️🙌

@justinsuntron Justin I still have 89,000$ block at YOUR poloniex exchange. With no one of your team helping Should I send you once more the link so you unblock my funds??

I have always been an ardent supporter of President Trump and his crypto friendly policy. As an early supporter who invested heavily in World Liberty Financial, I did so because I believed in the vision that was presented to the public: a decentralized finance platform that would promote financial freedom, remove intermediaries, and bring the benefits of DeFi to mainstream Americans. What was never disclosed — to me or to any investor — is that World Liberty embedded a backdoor blacklisting function in the smart contract used to deploy WLFI tokens. This function gives the Company unilateral power to freeze, restrict, and effectively confiscate the property rights of any token holder, without notice, without cause, and without recourse. This is the opposite of decentralization. This is a trap door marketed as an open door. I denounce the ongoing token scandals by the bad actors at WLFI. I am the first and single largest victim, as a result of their wrongful blacklisting of my WLFI token wallet back in 2025, that violates basic investor rights and blockchain principles of fairness. Every action taken by the WLFI team to extract fees from users, to secretly implant backdoor controls over user assets, to freeze investor funds without disclosure or due process, and to treat the crypto community as a personal ATM — all of these actions are illegitimate and were never authorized by any fair, transparent, or good-faith community governance process. The governance votes cited to justify these actions were not conducted through a fair or transparent process. Key information was withheld from voters, meaningful participation was restricted, and the outcomes were predetermined. These votes do not represent the will of the community — they represent the will of those who designed them. These actions have nothing to do with me. They have nothing to do with the investors who believed the promises this project made. We oppose every one of these actions in the strongest possible terms. The WLFI team’s actions erode trust in the project. Unlock the tokens and uphold transparency for the community. Let’s build with integrity, not misconduct.

@altryne @AnthropicAI Really bad, got max out in 2-3 query this weel

First official response from @AnthropicAI to the sessionGate thing (where-in folks on pro/max plan are hitting quota much faster than before) Over 500 folks commented earlier this week to my thread saying this happened to them. Are you guys satisfied with this response?

@sunil_trades More….

FTX has transferred $2.2bn for distribution to distribution providers Claims >$50k will receive 18% claim amount Claims >$50k (US) will receive 5% claim amount The claims portal will be update on 23rd March Funds will be available to FTX creditors on 31st March

Alpha Up on Down Day for $NVDA today Second entry in last 2 days. Clear squeezing on the weekly Weekly Alpha building.....

$PLUG, $IREN Great Alpha today

@TradeQuantiX Better than all the programmer I ever had in the last 30 years Intelligence is now free But so many 250k a year programmer are going to be out of jobs

I just got Claude Code a few days ago and it’s actually insane. I’ve been vibe coding non-stop. Many of the projects I “didn’t have time” to do before are now doable. I basically have an employee for 100$ a month. What I’ve been doing is having a detailed conversation with it to deeply explain what I want to do and what it needs to code. I make sure it’s clear on goals and objectives and how to do it. Then I grab my phone and go on a walk with my dog while Claude Code works on the project, periodically checking in and answering questions it has. It’s insane how accurate it is.

@ShakePryzby1 Search for relative volume at time

@denis__hamel news to me! lol

For 8 years I have been a slave to eSignal ($3k/yr) because of their proprietary Zanger Volume Ratio tool. What it does is it takes mid-day volume and extrapolates to get end of day readings so you can tell early on whether there's substantial volume or not - i.e. if I'm looking for a breakout buy, I want to see >150% avg volume in that first hour. I called eSignal in 2019 and asked for access to the code. They laughed me off the phone. Like, legit belly laughed. I felt so dumb. 😂😂 I have worked with 3 different software engineers trying to recreate the code over the years. Cost me many G's in the process. The tricky part was always the fact that volume throughout the day is U-shaped and not a static number, but constantly dynamic. Not a simple equation. Enter: Claude. Recreated that shit in like an hour last night. Maybe even better. Added scanning aspects. Working on some sector aspects. 10x the tool I've been using for 8 years created in a couple hours one night. I am still trying to wrap my head around the fact we all became expert software engineers overnight 🤯 Every big trader I know is going nuts creating their own software right now. Just insane the tools we have at our beck and call these days. I'll never forget Marty Schwartz calculating his own moving averages every night just a few decades ago in Pit Bull.