Support Retest Ledger
A disciplined technical audit schema designed to eliminate observation drift by enforcing strict baseline price anchors, multi-session touch limits, volume threshold verification, and deterministic invalidation markers.
Technical Architecture & Evaluation Matrix
The Support Retest Ledger establishes non-negotiable verification benchmarks before any symbol enters or remains on an active observation tier. Each parameter below requires explicit quantitative input to prevent retrospective adjustments.
| Parameter | Specification / Verification Value |
|---|---|
| Baseline Anchor Level | Pre-defined horizontal price pivot or confluence zone (±0.35% tolerance) |
| Touch Count Window | Maximum 3 tests within a 20-session rolling window |
| Volume Divergence Gate | Declining turnover required during retest (≤70% of 50-day average) |
| Invalidation Threshold | Daily close beyond 1.5 ATR below identified baseline anchor |
| Purge Expiration Interval | 14 trading sessions maximum without directional confirmation |
| Review Cadence | Post-market close verification every Tuesday and Friday |
Methodological Workflow: Tracking Retests Without Cognitive Bias
Monitoring an asset during a support test frequently exposes researchers to confirmation bias. When prices oscillate near an anticipated inflection level, traders habitually adjust their reference points downward to keep the observation alive. The Support Retest Ledger halts this psychological slip by recording the exact numerical boundary at initial entry. Any subsequent downward shift in the reference line mandates immediate closure of the entry record rather than an unlogged edit.
Volume characteristics furnish the second verification gate. Genuine absorption at historical support typically unfolds with contracted selling pressure relative to the preceding breakout leg. This ledger enforces an explicit volume comparison ratio against the 50-period baseline. If an asset penetrates support on anomalous volume expansion, the condition changes protocol activates instantly, marking the setup invalidated before emotional attachment can distort the catalog.
- Input specific decimal price coordinates for the anchor baseline; broad approximate ranges are rejected.
- Record the exact date and volume ratio of each retest candle to track waning institutional selling pressure.
- Archive the symbol immediately upon breach of the ATR invalidation filter to keep the active watchlist lean.
Frequently Answered Ledger Inquiries
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