Do I need to watch charts or use indicators?
Quick answerNo. The kitchen reads the prices and the option chain for you: you take the ticket as served. You can look at a chart if you like, but you don't need to.
The details
- The trigger is a fresh 20-day high close, read at 3:00 PM ET.
- The spread is priced from the live chain, inside the options market's expected move.
- The exits are one GTC sell and a 10-session timer.
So there is nothing to draw and nothing to watch during the day.
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