Lethal Rejection (Custom Cloud Rejection)
Explanation and Usage: The Lethal Rejection feature uses a custom cloud based on a group of averages of previous prices. When the market price is below the cloud, it indicates a downtrend, and you should consider sell positions. Conversely, when the price is above the cloud, it suggests an uptrend, and you should consider buy positions. The best trading opportunities arise when the market pulls back to the cloud and then rejects it, continuing in the trend direction. Stop losses should be placed on the opposite side of the cloud to manage risk.
Example Scenarios: When the market pulls back to the cloud, rejects it, and continues in the trend direction, a signal will be triggered.