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from 2,792 daily possibilities to one focused plan
every day, daxsnack scans a universe of 300+ instruments across multiple strategies to surface a single high‑conviction setup you can act on with confidence.
under the hood, it pulls the latest daily candles, evaluates multiple strategies, calculates risk‑aware entries and stops, and ranks candidates by win rate, annualized return, and trade frequency.
with the help of ai, daxsnack balances momentum, volatility, and signal freshness to pick a clean, actionable plan that takes seconds to read.
FAQ
Price action is the study of raw price movement—without reliance on lagging indicators. It focuses on the structure of swings, trend, support/resistance, and individual candles within context to infer intent and timing.
Practically: define trend via higher highs/lows (up) or lower highs/lows (down), watch pullbacks into prior swing zones, and look for breaks from the pullback that re‑align with trend. Candlestick patterns (inside/outside bars, rejection wicks) are read as context, not signals in isolation.
Why it helps:
- Clarity from first principles: price is the primary source of truth.
- Transfers across markets and timeframes with minimal adaptation.
- Natural risk placement: recent swing extremes provide clean invalidation.
- Less lag: reacts to current structure instead of smoothed averages alone.
In daxsnack, price action is the foundation. Our approach uses a simple trend filter; volume then helps time exits.
In price action, a “second entry” is a re‑attempt in the direction of the prevailing move after a first push stalls or pulls back. The market makes an initial attempt (first entry), pulls back, and then makes a second push that takes out the most recent swing point. That second push is considered higher‑quality because it confirms participation beyond the first probe.
Practically: in an up‑trend you’ll see a push up, a pullback, then a second push that breaks above the pullback high. Traders enter on that second break because it often catches continuation momentum rather than the noise of the first breakout. In down‑trends it’s symmetric: push down, pullback up, and a second push that breaks the pullback low.
Why it helps:
- Filters many “first break” traps by waiting for renewed intent.
- Aligns with trend continuation instead of fading every pullback.
- Gives a clear invalidation: the pullback extreme (opposite side of the signal bar) is a natural stop.
Our approach uses a simple trend filter and volume to time exits. The core idea stays the same: let the first attempt test the water, then join when the second push confirms participation.