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Swing Trading NR4/NR7 + 2BarNR/3BarNR + Inside Day + Trend

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Swing Trading Version: The Ultimate Momentum Setup
The Swing Trading Version of this strategy is tailored for traders looking to capture multi-day price movements in high-momentum stocks. It’s a carefully crafted approach combining classic patterns like NR4, NR7, and Inside Day with powerful trend filters to find the best opportunities for significant gains.

Price Compression: Identifies stocks in periods of consolidation using the NR4 and NR7 patterns, along with 2-Bar and 3-Bar Narrow Ranges—key indicators of potential volatility and breakout.

Trend Confirmation: The strategy ensures trades align with the broader trend by confirming that price is above the 20 EMA and that the 10 EMA is above the 20 EMA. This guarantees that you’re trading in the direction of strength.

Inside Day Filter: The Inside Day pattern is only triggered when the candlestick is within 1 ATR from the 10 EMA (or 20 EMA if below), ensuring you're not chasing a trade too far from a support level.

Clean, Powerful Signals: With a clear focus on momentum and price compression, you'll only get actionable signals backed by multiple layers of confirmation, including volatility and price structure.

This setup is perfect for traders seeking to ride out trends and capture sizeable moves, with an emphasis on simplicity and precision. Ideal for those who prefer to hold trades for multiple days while still maintaining control over their entries and exits.

Penafian

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