Hot Dog
The sausage, Hot Dog 2.0, Alerts + Options
20 questions about Hot Dog
Where is Hot Dog in my members area?Open Hot Dog in the menu on the left: its Live tab is Hot Dog 2.0 with every daily buy, and its TradingView tab has the indicator, the Hot Dog Masterclass and the Hot Dog Strategy.
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What is the Hot Dog pattern?Three candles: a red one, then a green "sausage" with a bigger body than both and the highest high of the three, then a red one. The dotted line is the sausage's high: the first close above it is the buy.
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Where is the Hot Dog stop and target? When do I sell?The stop is the pattern's low and the target twice the risk above the entry. Neither reached after 20 candles, it closes at that close. Set the stop and the target as orders when you get in.
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What is Hot Dog 2.0? The script used to exit after three candlesThe script's own exit, three candles after the entry, came out a coin flip on every chart we tested. Holding longer, with the stop at the pattern's low and a target twice the risk for up to 20 candles, held up on the daily chart. That is Hot Dog 2.0.
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What timeframe is Hot Dog called on? Do you call the bearish ones?Daily buys only. On the 4-hour and 1-hour the buys made money in the training months and not after, and the sells lost on every chart, so those are drawn, never called.
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What is Hot Dog Alerts + Options?The alerts add-on: every daily Hot Dog Buy posted to its own Discord room, with a bonus call debit spread about 90 days out. Its owners also get 1-2-3 Candle Alerts.
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Can I trade Hot Dog with options if I only own the indicator?Yes: the call is a stock trade, and you can trade it your way. The ready-made spread on every call is part of Hot Dog Alerts + Options.
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What does "Armed: near the sausage's high" mean?Getting close lists the armed daily Hot Dogs with price within 1 ATR of the dotted line. A close above it is the buy. Not a call until that close.
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Where are Hot Dog's results? What should I expect?On the Live tab: every call and how it ended, with its result in % of the entry. Expect a modest edge: a little under half the calls win, about a quarter reach the full target, and the average trade came out a little ahead on the months it was not tuned on.
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How do I install Hot Dog on TradingView?Hot Dog → the TradingView tab → Hot Dog Indicator for Tradingview: press the install link, add it to your favorites, then pick it from Indicators → Favorites.
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What do the boxes and labels on the Hot Dog chart mean?The chart boxes each pattern in green (red for bearish) and names it, Reversal or Continuation. The dotted line is the entry level, the sausage's high. ● marks the candle after a breakout and ✔ three candles on.
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Is the Hot Dog the same as the 1-2-3 Candle?Same three-candle shape (red, a big green with the highest high, red), different trade. The 1-2-3 Candle calls at 3:45 PM with a 10% stop, a 5% target and day 30; Hot Dog 2.0 calls the close over the high with the stop at the pattern's low and a target twice the risk, up to 20 candles.
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Does Hot Dog work on futures, forex or crypto?The TradingView indicator draws on any symbol. Our calls are US stocks and ETFs on the daily chart.
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Where are the Hot Dog Masterclass and Strategy?On your Hot Dog page, the TradingView tab: Hot Dog Masterclass and Hot Dog Strategy.
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I missed a Hot Dog entry. Can I still get in?The card keeps the entry, the stop at the pattern's low and the target. Measure from today's price: the room left to the target against the room to the stop.
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Why did my Hot Dog call close?At the target (twice the risk), at the stop (the pattern's low), whichever price touched first, or at the close of the 20th candle after the entry.
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Is there a free lesson on the Hot Dog pattern?Yes: Help's chart patterns section has the Hot Dog pattern with its drawing, how to read it and where our tools find it.
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Is Hot Dog on Find Better Charts?Yes, while Find Better Charts is in beta for you: Systems → Hot Dog Pattern draws the boxes and each call.
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Why was a second Hot Dog on the same stock not called?A new Hot Dog counts only 10 candles after the last one, and one trade per chart at a time.
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Will Hot Dog keep working on TradingView after November 1?Yes. The November 1 rule is about invite-only scripts sold outside TradingView's Marketplace; ours are published scripts. Hot Dog's Live tab runs on our own platform too.
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Still need a hand? Talk to a real person.Members: sign in and open Support, and Micheal and the team answer by email. Or email support@findbettertrades.com.
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