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LEADER

Among the morning's strongest names from the open, and higher at every look.

Recorded formula · 2026-09-14

Descriptive evidence formula; not the current eligibility policy.

Formula

MEASURED

Among the 20 names furthest above the prior close at the 09:30, 09:33, 09:35, 09:37 and 09:39 closes; each reading at or above the one before; under 20% above the prior close at 09:39. Level: the 09:30 close.

Five readings; five list ranks; VWAP/EMA position; 5-day same-time demand.

The detector rule and what is measured beside it. Track's digest quotes the same row for every seat that carries this setup. All formulas on Track

Definition

The name is among the morning's strongest from the first minute and stays there, higher at each look through the first ten minutes.

Not this

A name that joins the list late is not a leader. Neither is one that was there at the open and slips lower by the fourth look.

Evidence checklist

What must be visible on the record before this shape is named. Find each item on an example below.

  • On the morning's list from the first minute.
  • Still on it at every look through 09:39.
  • Each reading at or above the one before.
  • The 09:30 close on the record as the level.

Known on this record

  • The shape name and the first minute the scanner saw it.
  • The level out at 09:40 and the send ledger's time.
  • The gap into the turn, measured at the 09:40 mark.
  • The turn-window facts: entry vs range, window volume vs prior sessions, minutes from the window low.
  • The tape verdict for the session.
  • Catalyst classes, on sessions where the record carries them.
  • Close, capture, day move, peak and the grade, all measured after the alert.

Not on this record

  • EMA lines of any period.
  • Volume beyond the turn window.
  • An intraday chart or the bars behind one.
  • The prior session's move.
  • A catalyst's publication time.
  • The price path between 09:40 and the close, beyond the peak minute.

A question to hold

The definition asks for higher at every look. Do the five readings on the record actually step up, or does one dip?

Seats from the record

Seats the scanner gave this shape, newest first. Each opens on Track with its full lesson.

0 shown · 0 on record

No seat on record yet.

No alerted seat carries this shape on the record read at build time.

Counts only. A shape publishes no rate until its own record matures. the ladder rule

Study cues

Not available: no producer publishes per-condition observations with a timestamp and a source yet.

When one exists, a cue reads like this:

LEADER study candidate: 3 of 5 documented conditions present.

Every condition shows its timestamp, its source, and an unknown state when missing. A cue describes; it never directs.

Reading this page comes first. A cue can only be followed from its definition, and can be paused or deleted.