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Price just broke the high. Most traders buy right here and get trapped. — Transcript

by LuxAlgo · 165 words · 25 segments · language en · Watch on YouTube

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0:00Price just broke the high. Most traders
0:02buy right here [music] and get trapped.
0:04The valid BOS pullback indicator doesn't
0:06chase the break. It [music] marks the
0:08old high and waits. Price has to come
0:10back and actually touch that level
0:12without closing back through it. That's
0:14your valid pullback. Then one more
0:16thing. Price has to break the new
0:17[music] high. Only then is the break of
0:19structure confirmed. That's how it
0:21filters out the fake outs. Want it even
0:23stricter? Say you only trust retests
0:25that land inside a fair value gap. You
0:27don't need to code that. [music] This
0:29indicator is already on Vella, LuxAlgo's
0:31charting platform, and Quant, the AI
0:34built into every chart, can build that
0:35version for you. Ask in plain English.
0:38Quant reads the indicator, adds the fair
0:40value gap check, and puts your version
0:41[music] right on your chart next to the
0:43original. Any indicator, any idea, your
0:46rules. Comment Vella and I'll send you
0:48the link.

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This page contains the full transcript of Price just broke the high. Most traders buy right here and get trapped. by LuxAlgo, generated from the public captions YouTube serves with the video. The transcript has 165 words across 25 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

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