🦍Recall System

Explanation of Illico's very own "Holding" Indicator called Recall

Summary

Recalls within the Gen X algorithm occur when a project is identified by the algorithm and subsequently signaled again within the initial seven days of the original signal. Once the seven-day period elapses, the recall metric for that specific project is reset.

For example, if a project like Doodles is initially identified and signaled by the algorithm on January 7th, and then gets caught again by the algorithm on January 10th, it qualifies as the first recall (Recall #1) since it falls within the seven-day period starting from January 7th.

Please note that the recall metric is specific to each project and operates within the context of the Gen X algorithm.

Recall Walkthrough

Once the algorithm detects a project for the first time, you will see a "Recall: #0" indicator. Any subsequent indicators received within 7 days of the initial signal are referred to as "Holding Indicators." This unique feature ensures that Illico provides you with guidance on the optimal duration to hold your position after entering the trade. Our indicators not only give you entry signals but also offer estimates on how long to hold your position, eliminating uncertainty and providing valuable insights for your trading decisions.