Somehow I got premium account for free, thanks @TradingView for giving an opportunity to experience the visual alertness with 4 different financial instruments.
For current example I chose 4 stocks: BYND, BABA, PAAS, DWAC,
Reference to a specific pick: @RedHotStocks 4 last ideas at this specific moment of time.
Reason: To test the short-term reaction of the price level to the presumed short-term demand and supply levels Of MA Channel which are separated by spectrum of HOT and COLD color areas to visualize them better, and therefore to distinguish them.
We can clearly now see market is driven by collective emotions of masses shaped as impulsive and corrective waves. The critical LOW and HIGH points of fractal are linked through white lines to show see the relationship between these waves in cause-effect matter with the percentage change, because a price level doesn't tell us much. The real sequence of market activity is actually best captured by percentages.
It's in the nature of all participants of financial markets immediately think of percentages when getting head around profits and losses, which is another chain of causes resulting in reaction with upcoming waves which are covered inside the MA Channel. Together it shows the balance of the price in respect to the average price level spread alongside with stats of percentage change of TREND followed by local reversals.
To make a final decision to enter the market I usually put this on to get estimates of a movement with average adapted volatility channel for short-term outlook.
For current example I chose 4 stocks: BYND, BABA, PAAS, DWAC,
Reference to a specific pick: @RedHotStocks 4 last ideas at this specific moment of time.
Reason: To test the short-term reaction of the price level to the presumed short-term demand and supply levels Of MA Channel which are separated by spectrum of HOT and COLD color areas to visualize them better, and therefore to distinguish them.
We can clearly now see market is driven by collective emotions of masses shaped as impulsive and corrective waves. The critical LOW and HIGH points of fractal are linked through white lines to show see the relationship between these waves in cause-effect matter with the percentage change, because a price level doesn't tell us much. The real sequence of market activity is actually best captured by percentages.
It's in the nature of all participants of financial markets immediately think of percentages when getting head around profits and losses, which is another chain of causes resulting in reaction with upcoming waves which are covered inside the MA Channel. Together it shows the balance of the price in respect to the average price level spread alongside with stats of percentage change of TREND followed by local reversals.
To make a final decision to enter the market I usually put this on to get estimates of a movement with average adapted volatility channel for short-term outlook.