Exercise 2 · 15 min

Gate 1: Stale Bars and Zero Returns

Time: 20 to 25 minutes · You'll need: a calculator or spreadsheet · Builds on: Lesson 2

Warm-up

Check yourself

Why does Gate 1 compare each leg with a leader instead of flagging every unchanged close?

Check yourself

A leg's stale votes are 0.6% of train bars, but it has one run of 10 unchanged closes. Does it pass Gate 1?

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