📖 Glossary of Terms

Thai live system. RS Line at 52-week high + IBD market gate. +4,480 THB/trade avg.

Thai live system. Dividend stocks with zigzag pullback entry. +4,788 THB/trade avg.

Darvas Box breakout + Weinstein stage filter. WR 58.8%, +9.1%.

Minervini's Trend Template + IBD RS Rating ≥ 80, exit at +20% / -8%.

System D but exit on close below 10-day low instead of fixed TP.

Cross-market validated. Thai (Exp 9.81) + US (Exp 2.58). OOS verified. Currently paper-trading IRPC + GUNKUL.

Low WR (17.9%) but high-magnitude winners (avg +90%). Hold via SMA150.

Stocks that gap up on news with volume + base. WR 38.8%, Exp 8.84.

Pure Turtle 20d-high entry, 10d-low exit. WR 42.1%, total +39,595% on Thai 2005-2026.

DI + IBD's 5% chase rule + VCP base + RS Line NH. Live-tradable on US (+125% realistic).

Adds breakout-day-low stop, 4% min day, close-near-high, no-3-up. Best Exp 3.83 same-day.

Captures 100-300% winners we currently exit too early.

Smart Money entry: price pokes below recent low, sweeps stops, then closes back above.

Main Thai stock market index. Our primary universe (~560 stocks).

Top 50 Thai stocks by market cap and liquidity. Underlies S50 futures.

Top 100 Thai stocks.

Thai small-cap / growth board. Our universe includes 172 active MAI stocks.

500 large-cap US stocks. Our US market gate index.

30 large US blue-chip stocks.

100 largest non-financial Nasdaq stocks. Tech-heavy.

All Nasdaq-listed stocks (3,000+).

Small-cap US stocks. Risk-on barometer.

S&P 500 30-day implied volatility. Fear gauge.

Newspaper/research firm founded by William O'Neil; pioneered modern momentum methodology (CANSLIM).

C=Current Earnings, A=Annual Earnings, N=New product/management/high, S=Supply/Demand, L=Leader, I=Institutional sponsor, M=Market direction.

How a stock performs vs the broader market. NOT to be confused with RSI (Relative Strength Index).

1-99 percentile rank using IBD weighted formula: Q1×2 + Q2 + Q3 + Q4 (where Q1=last 3 months, Q4=last 12 months). 99 = top 1% performer.

Top 20% performers. Our minimum filter for DI signals.

Stock close ÷ index close, charted over time. Up = outperforming, down = underperforming.

RS Line at 52-week high. Marks elite leadership stocks (e.g. MRVL, NVDA, FLEX in 2024-25).

Major index gain ≥ 1.5% on volume higher than prior day, on Day 4+ of a rally attempt. Confirms market bottom.

Index close down ≥ 0.2% on higher volume than previous day. 5+ in 25 days = market correction warning.

Post-FTD, ≤ 4 distribution days. "Green light" for new entries.

5 distribution days. "Yellow light" — trade smaller, more selective.

6+ distribution days OR major index break. "Red light" — stay in cash.

Top of base = breakout entry level. Buying within 5% above pivot is the IBD rule.

Don't buy a breakout if price is more than 5% above the pivot. Avoids late-stage chase. Critical for US gap-up risk.

Stock gains 25-50% in 1-3 weeks straight up. Sell into strength.

Stocks with 80%+ RS, accelerating earnings, multi-year uptrend.

A consolidation where successive swing lows are higher (higher lows) and volume dries up. Signals that weak holders have sold and committed buyers remain. The centerpiece of the MOEasymmetry breakout method. Breakout above the pivot on volume = entry signal. Thai backtest: +0.35R mean forward R (bootstrap CI excl. 0).

Series of pullbacks with decreasing depth (e.g. 25% → 10% → 5%) and decreasing volume. Sign that supply is exhausted.

U-shaped base 7-26 weeks deep, then a small handle (1-2 weeks pullback). O'Neil's classic.

5-7 week consolidation with ≤ 15% depth. Higher win rate, smaller move.

Stock trades in a tight horizontal range (the "box"). Buy on breakout above, trail stop at box bottom.

Price > 30-week MA, MA rising, RS positive. Only stage worth being long.

Stock must pass: price above SMA50/150/200, SMAs in stack, SMA200 trending up, ≥30% above 52w low, ≤25% below 52w high, RS Rating ≥ 70.

Tight horizontal range AFTER an initial run. Add to winners on breakout above the shelf.

Stock gaps up on news (earnings, contract) with volume + decent base prior.

Average of N closing prices, equally weighted. SMA50 / SMA150 / SMA200 are key trend filters.

Weighted average — recent prices count more. EMA21 = "Goldilocks MA" for holding winners (Webster).

Average of the daily true range over N days. Used for position sizing (1% equity / 2×ATR).

14-day momentum oscillator 0-100. NOT the same as IBD RS Rating.

Intraday average price weighted by volume. Institutional benchmark.

Day with volume ≥ 40-50% below 50-day average. Marks exhausted selling in a base.

Shows total volume traded at each price level over a window. Reveals true support/resistance.

Price level with the highest traded volume in a window. Strongest support/resistance.

Boundaries of the 70% volume zone. Above VAH = "breakout into open air" (high momentum).

9 consecutive closes lower than 4 bars ago. Often marks short-term exhaustion.

Total trades in a backtest. Higher N = more statistical confidence in metrics.

% of trades that closed positive.

Average profit per trade in baht (or %). = (WR × avg_win) + (LR × avg_loss). Most important single number.

Largest peak-to-trough loss in equity curve. Measures worst-case experience.

Net result of a trade or period.

1R = initial risk on the trade. 2R win = sold at 2× initial risk profit. 3R = 3×.

Expected reward ÷ risk taken. 1:3 means risk $1 to make $3.

Rolling out-of-sample validation: rules fixed on window 1, tested on window 2, then window shifts forward. Repeated across 6+ windows. Passes if ALL windows are positive — not just the average. Prevents overfitting to one historical period.

Non-parametric statistical test: resample the trade population 10,000× with replacement, compute the mean each time, derive the 5th–95th percentile range. If the CI excludes 0, the edge is statistically real. If it includes 0, the result may be noise.

Test data NOT used during system development. Critical for proving the edge isn't curve-fit.

Train period (e.g. 1990-2010) is where rules are designed. Test period (2011-2026) validates them.

Annualized return assuming compounding. Buy-and-hold S&P 500 ≈ 10% CAGR.

Spearman rank correlation between a signal and forward returns. Measures predictive power. IC=0.10 is meaningful.

Order to exit if price hits a predetermined level. Protects capital.

Order to exit at a predetermined gain level.

Difference between expected fill price and actual fill price. Includes commissions in our backtests (0.3%).

Buy at or below / sell at or above a specified price. Default order type.

Order executes at the market opening auction price.

Order executes at the market closing auction price.

Market order placed near close, executed at closing price.

Pure market order — fills at best available, then cancels remainder.

Fills at best available, leftover converts to last-traded-price limit order.

Order expires at end of trading day if unfilled.

Order remains active until manually canceled or filled.

Order active until a specified date.

Either fill the entire order immediately or cancel it.

Fill what you can immediately, cancel the rest.

All 4 conditions on Nasdaq: low > EMA21 for 10 days, EMA21 > SMA50 for 5 days, SMA50 rising, index closes positive. < 200 occurrences in 76 years.

0-20% in correction, 40-60% improving, 80-100% confirmed uptrend with Power Trend. Add only when winning.

Stock gains ≥ 20% in 3 weeks → commit to holding 8 full weeks. Captures 100-300% runners.

Quick Break (sell 1/3 when weekly RS line crosses below 8w SMA) → Quicksand (next 1/3 on undercut) → Grateful Dead (final 1/3 on 21w SMA cross).

Distance from 21EMA in units of 50-day ATR. > 3 ATR = overextended, avoid new buys.

Ratio of (3+5+8 day ATR) / (55+89+144 day ATR). > 0 = base contracting → breakout setup.

Plotted when RS Line hits 52w high. Cluster during a market correction = elite leader for next leg.

Don't exit on first close below key MA. Wait for 3 consecutive closes below.

Once up 10%+, drop the 7-8% hard stop and switch to RS-line trailing exits.

Add Leg A's gain to Base 2 low to get the next exhaustion target.

Founder of IBD, author "How to Make Money in Stocks." Created CANSLIM + RS Rating.

US Investing Champion. Created Trend Template + VCP + SEPA.

IBD Head of Market Strategy. Co-created Market School. Power Trend + Progressive Exposure.

Author "Secrets for Profiting in Bull and Bear Markets." Stage Analysis (1-4).

Dancer who turned $25K into $2M with the Box Theory in the late 1950s.

Created the Turtle Traders. 20-day high breakout / 10-day low exit.

Hedge fund legend. "Don't be long below the 200-day moving average."

Medallion Fund: ~66% annual gross 30 years. Quantitative rigor + OOS validation.

Momentum Burst: 8-40% in 3-5 days. 4% breakout day, no-3-up rule, breakout-day-low stop.

2-phase exits: 1/3 in 3-5 days, trail rest with 10/20 SMA.

10 signals for sector / theme breakouts.

Smart Money Concepts pioneer (1908). Accumulation / Distribution / Markup / Markdown.

Tape reader. "It was always my sitting tight." Lost his fortune 3× though — failure modes encoded into our risk rules.

Thai derivatives — S50 futures, gold, single-stock futures. Has night session (gold).

Foreign stocks tradable on SET in THB. 352 DRs available. Naming: {TICKER}{ISSUER_CODE} e.g. AAPL80.

Issuer code 80 on DRs. Most liquid issuer for major US/HK underlyings.

Quarter-month contract. M=June, U=Sep, Z=Dec, H=Mar. Multiplier ฿200/point.

Margin tiers for TFEX. Same for both long and short on TFEX.

One of our brokers. Account 0432562.

One of our brokers. Multiple accounts.

Trading platform used by most Thai brokers. Browser-based, no public API.

Modern framework for tracking institutional order flow. Largely intraday but daily-frame versions exist.

Price pokes below recent low (sweeping retail stops), then reverses up. High-probability bullish entry.

Last bullish candle before a bearish move (becomes future resistance). And vice versa.

Close above the most recent swing high (bullish) or below recent swing low (bearish).

First lower low after an uptrend = trend may be reversing. Mirror for downtrend.

3-bar imbalance: gap between bar 1 high and bar 3 low (bullish) where bar 2 is the imbalance bar.