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High probability 93.33% Day 2 gapup short strategy backed by cold hard data

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Welcome to my second blog post.  If you enjoyed reading my last blog , I really believe that you will enjoy this blog even more as this blog lays out a high probability short setup with over 90% accuracy all backed by cold hard number backtested over all the trades from 2019-2021. In this blog i will attempt to show you the process on how exactly I filter plays to come up with a high probability setup. Tools used: Spikeet  Microsoft excel 1. First step of the process was extracting data using  Spikeet   for all stocks that run for more than one day and gapped up on day 2.   Here are all the filters I used in  Spikeet   to find all the multiday runners closing 50% or more the previous day. If you are not sure how to use  Spikeet   I did a whole tutorial on how to use the tool and demostrated a high probablity over extended gapdown setup. You can watch the full video on spikeet's youtube  channel. Now lets pull data fr...
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How to Use "Pivot Pro" indicator from Scripts To Trade

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  I was working on testing the PIVOT PRO indicator from Scripts To Trade through the last week. I am going to describe my findings and how to use pivot pro indictor for market caps > 500 mil. Later down the road I will post more analysis for other market caps as well. The Pivots are derived using the first 10 min range from the chart. Please note that just using the pivot pro indicator wouldnt give you a high edge. You need to combine it with the daily picture for higher success rate. For eg, if I want to dip buy a stock, I just shouldnt rely on pivot levels as my entry or risk zones, you need to still account for daily levels. So far from my testing, what I have found is pivots really give insight to where good levels of support and resistance might be on the chart. Then we can go to the daily chart or 15 min chart and breakdown the chart further to exactly identify the levels we should be using to enter and levels we should set as risk. To eleborate this further, I am going to...
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