New Lows and New Highs · InvestCEO with Kyle Henris

New Lows and New Highs

Do the trend lines that mark the Trend Lows and Trend Highs, work independently of the Supply/Demand blocks? In other words, does a new Trend Low only form when a candle closes below the Trend Low or does the trend low line move to the next recent low based on the wick? I understand that the blocks are only formed when the candle closes below, but I'm wondering if the same rule applies to the trend lines for the Trend Low and the Trend High. Reason I'm asking is that I'm finding more trade opportunities when I move the trend Low and trend High based on the wicks, instead of using the same rule as the blocks. I'm backtesting May of this year and It seems to work well during choppy sideways action on the market trend when the market is highly indecisive.

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