How to identify the specific points for trendline to determine the direction of the market? In this example, I am using the Nasdaq index. You can use this trendline technique to any markets because its principles in this tutorial are applicable throughout whether to an individual stock, indices or even commodities. I am going to introduce the primary and...
Trading opinions can be made in a very concrete or a structured manner just like how investors study into the financial numbers of the stock they are about to invest into. Short-term traders also have its numbers they study into, it is the price behaviours or the price data of the instrument they are trading. When these data are converted into a pictorial...
This is a video that describes, at a high level, a strategy I recently implemented and automated. It generates very impressive back testing results ans has proven to be very successful in the last 9 days of actual live trading so far... Enjoy and let me know your comments.
Steps: 1) Fit a SuperTrend indicator (By KivancOzbilgic) on a daily chart 2) Fit another SuperTrend on a smaller timeframe ( when 1 and 2 are green then Bullish, 1 & 2 are red then bearish) 3) Use the TTM Squeeze indicator (By Greeny) to determine entry and exit points 4) Adjust the level of fluctuation you are willing to live with by setting a cap on the ATR...