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ELEVATORS: The basic elevator is 1 bar of a different color/close in a trend. For example, in the first screenshot below, the trend has begun to go short. The bars are closing down (showing here as cream colored). One single bar closes up (showing up as a clear bar), and the next bar closes down again. The bar that closed up is the elevator bar. The entry is 1 to 3 ticks after the high/low of the elevator bar with 3 being the more conservative entry. The bar after the elevator bar MUST close before the trade may be entered to make sure it is an elevator and not a reversal.
The elevator with the highest potential to profit is the first one in a trend.
A short entry is illustrated in this screenshot. The stop on an elevator is about 20 ticks.
A long elevator entry example looks like this.