The Bollinger Band is a versatile technical indicator. It identifies trend direction, momentum, volatility, and overbought or oversold price conditions. This indicator provides all this information using three lines. The middle line of the classic Bollinger Bands is based on a 20-period Simple Moving Average (SMA). Two lines are then drawn above and below the...
Worldwide, 90days, search trend in Google for bitcoin (red arrows). Orange arrows represent " bitcoin use case ", ie the educated investor? It shows you the mainstream peak euphoria, enthusiasm or fear , usually at market extremes? Highest search volume coincides with trade volume. Other indicator for "hype" would be bitcoin hashtag in twitter/X....
If you are a winning trader this is not for you . This is for the losers who want to be winners written by a former loser , who has become a winner as what is probably his last post . I am just starting my trading journey ( 5 years in now but that's nothing) . I used to publish all my trades on TV which actually really helped me to follow my strategies and it...
An easy way and using a single chart to compare multiple coins to Bitcoin is by using the "+" button next to the Symbol input. It quickly shows us which coins outperformed BTC in the past weeks/days and is a good indicator of how good altcoins are performing. I added the top market cap coins that showed good results and the winners are SOL, AVAX and BNB. To my...
Keep an eye on the red trend line. See how divergence was detected. 1. Through HH 2. The next column bars smaller than the previous LEARN TO DETECT IT IN ADVANCE
I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...
Same formula settings as Buy and Sell. Added a 4th plot MA for a longer time frame. This will help exit the trade much earlier for greater profits otherwise without this 4th plot wave, traders may be at risk of losing out for greater profits. 4hr TF Buy, Sell, with wave settings, are the same settings with 30min TF. FOR 30MIN TIMEFRAME (Green Wave) Make sure...
30Min TF formula. Buy, Sell, and wave settings work with 30min TF for best results. 1. Wait for Buy 2. After the Buy label, the green Wave Confirms Entry BUY Above the orange and yellow waves. 3. Follow the green wave with candlesticks 4. Wait for the green wave to move underneath the orange and yellow waves to confirm by exiting the trade. You may get a Sell...
30Min TF formula. Buy, Sell, and wave settings work with 30min TF for best results. 1. Wait for Buy 2. After the Buy label, the green Wave Confirms Entry BUY Above the orange and yellow waves. 3. Follow the green wave with candlesticks 4. Wait for the green wave to move underneath the orange and yellow waves to confirm by exiting the trade. You may get a Sell...
This idea links to other ideas called Buy and Sell. This strategy is about 90% to 95% win rate. I'm adding an oscillator to help with that area where a trader can avoid traps, consolidation, major losses, etc. I've created two scenario ideas. In this case, relating to both sides, a trader enters a trade after already confirming entry. But they don't...
This should be helpful for anyone looking to understand further what I define as an activation of an algorithm. This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand...
In the grand Cosmic Ballet of Finance, where Celestial bodies of opportunity align in the vast expanse of the market universe, we navigate the Ethereum Vortex with a seasoned Trader’s Poise. Our chart, a Navigator's star map, is a chronicle of strategy, a testament to the art of Dollar-Cost Averaging (DCA), and an epic etched in the annals of digital...
Introduction to Corn Futures (CBOT) Corn Futures, central to the commodities market, are traded on the Chicago Board of Trade (CBOT). These futures contracts are standardized agreements to buy or sell 5,000 bushels of corn, providing traders with a mechanism to hedge against price changes or to be exposed to future price movements in the agricultural...
Relative Strength vs Relative Strength Index: What Are the Differences? While the Relative Strength and Relative Strength Index indicators might share similar names, it’s important to know the difference between the two. In this article, we’ll discuss their unique characteristics, offer insights into their differences, and help determine which one is best for...
This post is directed towards novice traders who harbor the belief that honing trading skills and mastering profit-making strategies is achievable solely through practice on a demo account. However, the unforgiving reality of statistics paints a stark picture: approximately 65-80% of novice traders find themselves facing financial losses within the initial months...
According to the rules leading diagonals 5th wave cant truncate. Doesn't matter if they are contracting or expanding variations. Here are examples where contracting diagonals can truncate. If they are in the 5th of the 5th of an impulse.
This is a short HOW-TO on using the Trade-o-Scope "Plot Custom Data" indicator
Hello! ➡️In this lecture, we will cover one of the most common or popular correction options - triangles. I remind you that we are now considering various correction structures that are encountered both separately and can be part of more complex structures. ➡️Triangles are probably the most popular pattern for all beginners, yes, and not only beginners. It is...