u/DistinctAside0

Has anybody ever made a failed breakdown bot? If you’re familiar with the formation you know there are a few triggers to go long (nobody explains this better than Adam Mancini and his Trade Companion Substack). One of the triggers is “acceptance” following the recovery of a low (e.g. the failed breakdown).

I’ve got acceptance via the non-acceptance protocol (price recovers a significant low after a flush and stays above for several minutes) figured out in my algorithm, but the other acceptance protocol (price recovering a significant then trying to sell at or above the significant low before pushing back up) is really bedeviling me. Anybody ever done some work on this? I’m working with python.