Entry state
Five states, one hard gate — the difference between a leader and a leader worth buying today.
Entry state: the short answer
The entry state — the same thing Coil's docs call the entry window — is a five-state timing gate that says where a stock's price sits relative to a real, structural entry: READY, SETUP, WAIT, CHASE, or FALLING. It exists because a strong stock is not a signal — where it is in its move is the signal.
The five states
READY— buy territory. A leader that has pulled back into structural support, compressed, and is holding or turning up at a level defined by volume profile and Fibonacci structure. This is the coil.SETUP— forming. The same shape building but not confirmed — the pullback is arriving at the level, not yet holding it.WAIT— not yet. A good name that is simply not at an entry. The board watches and lets it come to the level rather than paying up today.CHASE— refuse. Extended after a thrust, pinned at its highs. It may keep going; it may also hand back the whole move to the first buyer at support. An intraday-thrust guard specifically downgrades names sitting on today's highs.FALLING— refuse. Still in decline. Cheap is not an entry; the engine buys weakness inside a confirmed uptrend, never weakness that is still breaking down.
Why a hard gate, not a nudge
The two losing entries in swing trading are chasing strength at the top of a range and catching knives on the way down. The entry state makes both refusals mechanical instead of emotional. On most days, most of the board reads WAIT, CHASE, or FALLING — and that is the discipline working, not the scanner failing to find ideas. Standing down is a position.
How it feeds the score
The entry state drives the Entry lens — 0.3 of the opportunity score — and acts as a separate hard gate on top of it: the engine only takes names the board marks buyable, whatever their score. The board groups the states into four actions — Buy, Build, Wait, Avoid — and the full entry model is on how Coil works.
People also ask
What does READY mean on Coil's board?
READY marks a market leader that has pulled back into structural support, compressed, and is holding or turning up at that level — a real entry rather than a chase. The level itself is defined by volume-profile and Fibonacci structure, not a feeling about the chart.
Why won't Coil buy a stock marked CHASE?
CHASE means the name is extended after a thrust and pinned near its highs — the entry a breakout buyer takes at the worst price in the range. Coil's edge is buying disciplined weakness in an uptrend, so it refuses that entry and waits for the pullback.
Is FALLING the same as cheap?
No. FALLING means the decline has not stopped — there is no confirmed support under price. Coil treats 'cheap' as an entry only after a name is back inside a confirmed uptrend and holding a level; until then a falling knife is refused mechanically.
Are entry state and entry window the same thing?
Yes — one concept, two names. Coil's product pages and board say entry state; the methodology write-up says entry window. Both mean the five-state timing gate: READY, SETUP, WAIT, CHASE, FALLING.
Related terms
Opportunity score · Hold strength · Breakout · 200-day moving average · full glossary →
See the whole scoring model
Leadership, entry, and hold combine into one 0–100 opportunity score across the S&P 500, Nasdaq-100 and a macro book, every market morning. The full model — weights included — is on the free how-it-works page.
See how it worksCoil is software you install and run yourself, with your own brokerage credentials and capital. It is long-only and not investment advice, not a managed account, and not a signal service. This page is educational. All performance figures are research backtests — point-in-time and survivorship-free, not live or client returns; past performance does not predict future results.