theheirophant
Long

Quadruple Threat - Crypto-Stick KO-Combination

NASDAQ:AMD   Advanced Micro Devices Inc
Hey everyone - I just wanted to show that our indicators will work on other instruments than crypto! Dont let the name fool you :)

Shown are 4 cryptosticks indicators. Top 2 are already released and available in the public library. Bottom two are yet to be released, but wil be soon! (also in the public library). This series of indicators is an attempt to view your traditional favorites in a new light.

Here is an example strategy I came up with using these 4 together. As you can see they would've helped you cash in on that price push that GPU cryptocurrency mining rigs created for their graphics card division.

Analysis

As the MOM and CCI are trending towards the oversold zone, and W%R is already we feel a long opportunity is coming for AMD in the coming days.
Fundamentally the company has competitive hardware and great brand loyalty.

To enter a less risky setup wait for the (lagging) entry from TSI. TSI is currently trending right above the oversold zones, and since its a lagging indicator, we look to the others.

Entry around $20, Stoploss at $17. Target is $27.

Info about Crypto-Sticks Series of Indicators

This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).

Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier.

Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.

Enjoying these indicators or find them useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.

Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Trade active: Entry point reached
Nice, Would you please tell me where this strategy comes from?
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theheirophant ForecastCity
@ForecastCity, hi mate! Happy to chat anytime (though I am usually more available in telegram for chatting - link in my signature and profile).

I created the Crypto-Sticks indicators first, and started mixing and matching to develop good strategies. This strategy was devised by myself, I didnt base it on anyone elses work or thoughts.

This series of indicators will eventually have a dozen or ever more total. I have 2 other strategies I have created using different combinations. I will share later next week once the rest of the indicators are posted. If ever you want more information, the telegram chat has a ton of resources, news, strategies posted daily. The community is also knowledgeable and deep with some very smart people across many different tech/internet related fields.

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ForecastCity theheirophant
@theheirophant, Thanks :)
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ForecastCity theheirophant
@theheirophant, Looking forward to your new ideas about combining indicators.
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theheirophant ForecastCity
@ForecastCity, Follow and you wont miss anything :) I will be releasing 1-2 more of the sticks indicators today, and creating some more ideas based on this strategy as well.

I totally appreciate the feedback, and if you can think of new ideas or strategies, let me know! Always love to talk shop with good traders!
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ForecastCity theheirophant
@theheirophant, done! ;)

beside our Tradingview account, our ideas are published on our website: https://www.forecastcity.com regularly.

ForecastCity
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theheirophant ForecastCity
@ForecastCity, i will bookmark and check it out, thanks mate
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