Stacked True Opens
Ever wonder why your sequential SMTs or PSPs fail?
It’s likely because you’re not implementing stacked true opens.
- SSMT/PSP in Bearish Scenarios: Must form above at least two true opens.
- SSMT/PSP in Bullish Scenarios: Must form below at least two true opens.
Timeframe Hierarchy & Requirements:
1. 90-Minute SSMT/PSP:
- Must form above the 90-minute cycle’s true open and the microcycle’s true open (bearish).
- Must form below the 90-minute cycle’s true open and the microcycle’s true open (bullish).
2. 15-Minute SSMT/PSP:
- Must align with the daily cycle’s true open and the 90-minute cycle’s true open.
3. 1-Hour SSMT/PSP:
- Must align with the weekly cycle’s true open and the daily cycle’s true open.
4. Monthly SSMT/PSP:
- Must align with the monthly cycle’s true open and the weekly cycle’s true open.
5. Yearly SSMT/PSP:
- Must align with the yearly cycle’s true open and the monthly cycle’s true open.
Note: This isn't the holy grail. There are other things to consider. I'll be posting about them soon .
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