Alright so here is an example of how BF breakers behave on an altcoin. The strategy is as follows : Buy if the price is at least 1/1.5% under the breaker and TP around the breaker. Yes its as simple as that tbh! Things to note :
a breaker of bigger time frame takes a longer time to be hit, therefore if you see a 4H or even 1H appearing on your chart keep in mind that they could take longer time to be hit. To be precise in this situations, wait for a bullish divergence or another breaker in a lower timeframe to get in!
if a low timeframe breaker appears (5/15mn) on a breakout of a pattern, be careful when you get in, wait for a higher time frame breaker as it can go pretty high before hitting the low time frames breaker!
The breaker's algorithm is backed by mathematics, so you have roughly 90% hit rate of the breakers!
Just comment your TV username for invitations on the indicators, its FREE! enjoy! It works even on legacy markets
Hi mr. Thisma, Lerimama here. I am trying to learn more about indicators and charting sistems. I am very interested in testing your indicator and would appreciate very much if you could invite me to use/test it. All the Best!
THISMA
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I should have explained better indeed, what I call a breaker is the following : the yellow dotted line. It can be a breaker of the following timeframes : 5/15mn, 1h, 4h, 12h, 1D, 3D, M
It is drawn on the chart by the indicator BF overlay