This article was originally published in Price Action Lab Blog.
None of the information contained in this article constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Diclaimer.
If you have any questions or comments, happy to connect on Twitter:@mikeharrisNY
About the author: Michael Harris is a trader and best selling author. He is also the developer of the first commercial software for identifying parameter-less patterns in price action 17 years ago. In the last seven years he has worked on the development of DLPAL, a software program that can be used to identify short-term anomalies in market data for use with fixed and machine learning models. Click here for more.