ftd-detector
Detects Follow-Through Day (FTD) signals for market bottom confirmation using William O'Neil's methodology. Dual-index tracking (S&P 500 + NASDAQ) with state machine for rally attempt, FTD qualification, and post-FTD health monitoring. Use when user asks about market bottom signals, follow-through d
By tradermonty · 2,108 installs
npx skills add tradermonty/claude-trading-skills --skill ftd-detector
Source repository · Upstream listing
FTD Detector Skill
Purpose
Detect Follow Through Day (FTD) signals that confirm a market bottom, using William O'Neil's proven methodology. Generates a quality score (0 100) with exposure guidance for re entering the market after corrections.
Complementary to Market Top Detector:
Market Top Detector = defensive (detects distribution, rotation, deterioration)
FTD Detector = offensive (detects rally attempts, bottom confirmation)
When to Use This Skill
English:
User asks "Is the market bottoming?" or "Is it safe to buy again?"
User observes a market correction (3%+ decline) and wants re entry timing
User asks about Follow Through Days or rally attempts
User wants to assess if a recent bounce is sustainable
User asks about increasing equity exposure after a correction
Market Top Detector shows elevated risk and user wants bottom signals
Japanese:
「底打ちした?」「買い戻して良い?」
調整局面(3%以上の下落)からのエントリータイミング
フォロースルーデーやラリーアテンプトについて
直近の反発が持続可能か評価したい
調整後のエクスポージャー拡大の判断
Market Top Detectorが高リスク表示の後の底打ちシグナル確認
Difference from Market Top Detector
Aspect FTD Detector Market Top Detector
Focus Bottom confirmation (offensive) Top detection (defensive)
Trigger Market correction (3%+ decline) Market at/near highs
Signal Rally attempt → FTD → Re entry Distribution → Deterioration → Exit
Score 0 100 FTD quality 0 100 top probability
Action When to increase exposure When to reduce exposure
Execution Workflow
Phase 1: Execute Python Script
Run the FTD detector script:
The script will:
1. Fetch S&P 500 and QQQ historical data (60+ trading days) from FMP API
2. Fetch current quotes for both indices
3. Run dual index state machine (correction → rally → FTD detection)
4. Assess post FTD health (distribution days, invalidation, power trend)
5. Calculate quality score (0 100)
6. Generate JSON and Markdown reports
API Budget: 4 calls (well within free tier of 250/day)
Phase 2: Present Results
Present the generated Markdown report to the user, highlighting:
Current market state (correction, rally attempt, FTD confirmed, etc.)
Quality score and signal strength
Recommended exposure level
Key watch levels (swing low, FTD day low)
Post FTD health (distribution days, power trend)
Phase 3: Contextual Guidance
Based on the market state, provide additional guidance:
If FTD Confirmed (score 60+):
Suggest looking at leading stocks in proper bases
Reference CANSLIM screener for candidate stocks
Remind about position sizing and stops
If Rally Attempt (Day 1 3):
Advise patience, do not buy ahead of FTD
Suggest building watchlists
If No Correction:
FTD analysis is not applicable in uptrend
Redirect to Market Top Detector for defensive signals
State Machine
State Definition
NO SIGNAL Uptrend, no qualifying correction
CORRECTION 3%+ decline with 3+ down days
RALLY ATTEMPT Day 1 3 of rally from swing low
FTD WINDOW Day 4 10, waiting for qualifying FTD
FTD CONFIRMED Valid FTD signal detected
RALLY FAILED Rally broke below swing low
FTD INVALIDATED Close below FTD day's low
Quality Score (0 100)
Score Signal Exposure
80 100 Strong FTD 75 100%
60 79 Moderate FTD 50 75%
40 59 Weak FTD 25 50%
<40 No FTD / Failed 0 25%
Prerequisites
FMP API Key: Required. Set FMP API KEY environment variable or pass via api key flag.
Python 3.9+: With requests library installed.
API Budget: 4 calls per execution (well within FMP free tier of 250/day).
Output Files
JSON: ftd detector YYYY MM DD HHMMSS.json
Markdown: ftd detector YYYY MM DD HHMMSS.md
Reference Documents
skills/ftd detector/references/ftd methodology.md
O'Neil's FTD rules in detail
Rally attempt mechanics and day counting
Historical FTD examples (2020 March, 2022 October)
skills/ftd detector/references/post ftd guide.md
Post FTD distribution day failure rates
Power Trend definition and conditions
Success vs failure pattern comparison
When to Load References
First use: Load skills/ftd detector/references/ftd methodology.md for full understanding
Post FTD questions: Load skills/ftd detector/references/post ftd guide.md
Regular execution: References not needed script handles analysis