MVP reversal clarification?

#1

hi, can someone clarify whethter it is valid MVP reversal?
http://content.screencast.com/users/chilll/folders/Jing/media/5604f82c-5a7c-4cfc-8be6-fb5b457d09b4/2015-10-06_1000.png

#2

Hi @darrell, can you pls. quickly clarify this as well?.. I did watched all the videos… It said previous P bars has to make higher high or lower low… not sure whether higher high for green P bars and lower low for red P bars ?.. in my case he green bars made lower lows… thats why this little confusion.

Thanks!

#3

This is not a valid MVP reversal for the reason stated… You did not have 2 sequentially higher P’s before the MVP reversal.

However the Izone Sharp Shooter would have caught this trading range rathew well for you. And y ou can add the apex pattern to it :slight_smile:

https://forum.apexinvesting.com/t/izone-sharpshooter-set-up-and-rules/4415

#4

Thanks Darrell!..

I finished the courses on TC and elite MVP and trying to get it down completely… so i have not moved on to this new izone ss… though i see its been used in the trade room…

Anyway thanks for the clarification.

#5

Izone sharpshooter is easier less “style”

Still is trend catcher based just helps eliminate a ton of style