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Ifyouonlyknew
Apr 22, 2021 11:39 PM

IT'S MADNESS - A million indicators.... The SULTANS of SWING! Education

ChainLink / TetherUSBinance

Description

Although you don't see a million on my charts, it is important to use a million indicators (or five or six). I like to think about it like lovers, the more you have... the more they will all agree with one another.

When I'm making larger plays, I make sure that NOT JUST ONE, but multiple indicators agree with my predictions. Here are some of my favorite indicators.

AROON (helps me to visualize trends. As with any indicator, the two lines crossing often represents a change in trend)
https://www.investopedia.com/terms/a/aroonoscillator.asp

Parabolic SAR (when a large trend begins it usually creates the beginning of a parabolic curve in this indicator, the same is true in the inverse)
investopedia.com/terms/p/parabolicindicator.asp

Chris Moody's MACD (An incredibly useful trend indicator. I've stripped it down (located in the top pane) so that it only shows me the essential trend changes. This one indicator could make you money all by itself. You are a genius, Chris.)

https://www.tradingview.com/script/OQx7vju0-MacD-Custom-Indicator-Multiple-Time-Frame-All-Available-Options/

Stochastic RSI (again, looking for a cross of the two lines, to indicate a change of trend)
https://www.investopedia.com/terms/s/stochrsi.asp

MFI (also very useful in crypto, called the Money Flow Index).
https://www.investopedia.com/terms/m/mfi.asp

THE FOURTH PANE HAS A STACKING INDICATOR I FOUND THAT PUTS MANY TOGETHER (Thanks Sigma Draconis)
RSI / Stoch / SRSI / MFI / Aroon Overlay [SigmaDraconis]


Comments
CarlitoGrrr
Thx for sharing. This is so advanced I don't even see if they all agree ... . What's the clue then? Do they? Thx again! Greetings.
cointradergeek
"... the more they will agree with one another." - About you! Aroon and MFI are new to me. Thanks for the info!
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