Published By TradeSmith Customer Success
The Early Entry Signal is an aggressive entry into a position currently in the Health Indicator Red Zone.
The Early Entry Signal uses part of the Health Indicator formula; however, it only needs to detect a slight uptrend. The security's price must have bounced at least one times its Volatility Quotient from the lowest bottom since stopped out and be above our Smart Moving Average (trend line).
The Health Indicator continues to be our most conservative indicator.