Originally Posted by WRR

wltien,
my INFO indicator does not filter false signals. It takes the signals that ZUP creates and sends you an alert. You need to use your own discretion as to whether or not the trade is "safe" and whether or not you trade on the signal.

Entry Risk as defined by INFO is the difference between the price level where the pattern is at it's maximum possible size before it is no longer a valid pattern (pattern failure point) as defined by nen, and the current price. See attached. Of course true risk is defined by your stop. With no stop your risk is infinite.

So the least risky trades are the ones where Point D (the end point of the right-most blue triangle) extends almost to the maximum level of the red box, the pattern ratios are the standard widely accepted ones, and the larger trend is in the direction of the signal.

Not all patterns identified by nen's indicator use the standard classic ratios, so in the view of many traders, they are not all valid patterns. See the famous patterns post by kamyar on page 1, post 4 of this thread.

However, nen has created an excellent indicator since it does identify the good patterns too.

WRR