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OTM.Investments
Nov 10, 2018 5:04 AM

Trade XLM / STELLAR easily with 1 indicator 

Stellar Lumens / US DollarBittrex

Description

Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -7.44% appears you buy, if a green dot -7.44% appears after that green dot -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
Comments
SMPTrader
Great information!! Keep the posts rolling

Happy trading :)
OTM.Investments
@BenWright21, thanks :)
Crypto-Adviser
OTM.Investments
@Crypto-Adviser, elliott wave theory can be very misleading.
Crypto-Adviser
@InJayWeTrust, The analysis was made not only on the wave theory, it is a combination of several methods.
OTM.Investments
@Crypto-Adviser, oh okay. well thanks for sharing. all TA is appreciated :)
angelsmfg
Thanks.
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