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TradeApe
Feb 22, 2017 5:44 PM

Setup for D 

WTI CRUDE OILTVC

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TradeApe
Mostly posted this for a mate...but seems like others are checking it out. Just fyi, I use this on M5 not M15...but Tradingview won't let you post M5 charts ;)

Everything is automated except for the 2 purple levels on the regression indicator. The upper level is the previous day's key resistance...the lower one support. As long as price remains inside that range the next day, it's ranging and you want to enter at the bottom level for longs and top level for shorts. Should either of those levels break though, things change. If the upper level breaks, it's a strong long signal. The reverse is true for shorts.

Pay attention to the previous day's closing VWAP, daily VWAP and points of control to time entries/exits and support your regression bias.
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