PROTECTED SOURCE SCRIPT
[MM]-FTT
Follow-Through Day
Historically, the biggest follow-through days have occurred between the 4th and 7th day of a rally attempt at the beginning of an uptrend. This window is considered the time when the market gives its strongest signals of a potential direction change. However, not every follow-through day has a 100% success rate; in some cases, it can give false signals. For example, the market may show a short-term rebound only to resume its decline afterward. Therefore, it’s recommended that investors also take other technical indicators and fundamental analysis into account.
Historically, the biggest follow-through days have occurred between the 4th and 7th day of a rally attempt at the beginning of an uptrend. This window is considered the time when the market gives its strongest signals of a potential direction change. However, not every follow-through day has a 100% success rate; in some cases, it can give false signals. For example, the market may show a short-term rebound only to resume its decline afterward. Therefore, it’s recommended that investors also take other technical indicators and fundamental analysis into account.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
MarketMaestro1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
MarketMaestro1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.