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Where users come together, showing what indicators they have combined, and the strategies to gain profits.
Where users come together, showing what indicators they have combined, and the strategies to gain profits.
Yeah .. you been saying this over and over but people have to develop that eye in order to see it sadly. Still trying to pick the right ones is still a bit of a challenge for me .. but getting closer.
cant say theyre more accurate. maybe just easier to see?
Dang i been busy with work and haven't seen this one yet ill test your method out... but one thing i noticed is the readings for divergence on the strength is more accurate that the algo or am I trippen.
Began backtesting early this morning; powerful tool at first glance! I am currently testing against a few other powerful confluences. I noticed the range and might assume it mimics the Algo v6. -So far Im testing Identifying true tops and bottoms with it -Strength between Algo v6 and BETA -Also, various ways of strength decrease as it...
Indicator Strategiessoooooo much updates after much testing with the v6 and its other partnered indicators.... Hands down...v6 all day baby!!! IT'S TOOOOOOO SIMPLE. #SCALPERSDREAM
UPDATE on trading with RSI Strength over the past week. A really powerful tool particularly if you are trading tight StopLoss. Given that some assets are fast movers and some are slow, it would be prudent to say that one needs to have a relationship with at least one pair and study its behaviour. In my case I am using RSI Strength on the NAS and...
Sorry I forgot to include the divergence factor. Basically, I seek to find divergence off a higher timeframe (say D1 or H4), then I do a top-down analysis and start to chart PriceAction behaviour on lower timeframes. I will typically monitor m1 chart to inform me of immediate PA behaviour. If the pullbacks turn into reversals on the m1 chart, I...
Divergence to me in view of "is it a a bird or is it superman"?? aka....is it a pullback or is it a reversal. I struggled with this concept. My resolve so far is that it all depends on the timeframe one trades. I particularly use 2 major ema's in the form of ema200 and ema800. I also use minor ema's, namely 5 9 30 50. (30 is a wma30, the rest...
I have had the opportunity to test the SCS RSI Strength indicator. I am currently using it in combination with the CSC-Histo Macchiato. I changed colors and thickened lines. In the screenshot, I explain how I derive validating entries. This is just my own little strategy I have been working on and I now have the use of the SCS RSI Strength...
Indicator StrategiesI have had the opportunity to test the SCS RSI Strength indicator. I am currently using it in combination with the CSC-Histo Macchiato. I changed colors and thickened lines. In the screenshot, I explain how I derive validating entries. This is just my own little strategy I have been working on and I now have the use of the SCS RSI Strength...
Indicator StrategiesI consider roadblocks to be between the 80-100 on the 2 or 5 min chart.
So I'm a pretty simple trader. I actually just use the RSI strength indicator to tip me off if we've potentially hit a new low or high and then watch for it to start moving in the opposite direction and once we've also passed over the 20 SMA, I start looking for a good entry and I ride it till the RSI hits another roadblock.
Using beta RSI strength on 15 length with vwap deviation bands (monthly timeframe).symbol : Mahindra_Mahindra, 1h, NSESTEPS:1. select a fundamentally well performing stock that has good volatility ( preferably largecap).2. wait for the price to fall to 3rd deviation band( blue colored in my case). marked by blue arrows3. make sure rsi strength is...
Indicator StrategiesLooks nice! Depends on what type of trader you are, long or short term. This could work for crypto bull run, BTC, ETH bottom detection before run.
Coffeeshopcrypto GPT + 3pl strategy coming up
Saturday, 09 December 2023 11:00 by CoffeeShopCrypto