hi sive, please explain some about "stop grabber"
thank you for the analysis
If you care for my explanation here it is:
Stop Grabber is a signal invented by Joe DiNapoli and it presumes that market is trying to shift trend but fails and returns right back. It can be easily seen with the MACDP proprietary indicator (red line on the chart). Best type of SG, the one that Sive likes, it is formed on the retracement after trending market move. See the chart with the current SG.
The signal gives a great advantage because you can determine the place of the stop and the limit and usually gives great R/R.