What do the Coiled Spring stars mean, and which springs are called?
Quick answerThe stars (★★ to ★★★★★) come from the tension at the snap and set the target: 3, 4.5, 6 or 9 ATRs from the snap's close. Only ★★★★ and ★★★★★ daily Spring Ups are called (a tension of 75 or more).
The details
- ★★ to ★★★★★: the higher the tension at the snap, the more stars and the further the target.
- Called: daily Spring Ups at ★★★★ (target 6 ATR) and ★★★★★ (9 ATR).
- Drawn, not called: lower stars, Spring Downs, and every intraday snap (why daily).
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