Hi guys, today I will be explaining how to use the Relative Strength Index (RSI) to your advantage. First of all if you have not already, please follow me. Okay, so the RSI is commonly said to buy when oversold and sell when it is overbought. However, this strategy does not always work, and can result in you predicting what the security will do. First Step: You...
Hello guys, in the Daily chart of Bitcoin after last candle close, recently something bullish happened, short term 5 Moving average crossed long term 20 Moving average. MACD is also supporting the further upward movement in the daily chart. this is a bullish signal in an uptrend. this is one of my swing trading strategies in Bitcoin market. I'll go long with a low...
Hey hey traders!! Setting the "right" stop loss is a vital skill, yet for many traders... its a random act. This video will help you find stcutrue in setting the right stop loss, a stop loss that has the best chance of not being hit and allowing your trade to workout! For us that comes down to basics: 1. Use the ATR value 2. Enter only via the fibs (definite...
TDI (Traders Dynamics Index) is a powerful tool that determine the entry signal This indicator consists of 3 important indicators a below RSI (30, 70) Period (20) --> Green MA (50) --> Red Bollinger Bands --> Yellow with Blue band lines How to use the above indicator is as below When the Green cross the Red positively, this is a green signal to buy ...
Many Options are available for custom tailoring your Alerts so that you can make sure you don't miss out or loose money! Quick crash Course on how to utilize these alerts on your indicators so you can keep an upper hand as you scan the markets
Demonstration of how I short, cover, and catch knifes using 2-11-2021 as an example.
The Price Oscillator uses two moving averages. ✔ One shorter-period, and one longer-period. ✔ When 2 MAs cross each other the PO reads 0. The Price Oscillator technical indicator can show overbought and oversold areas. Strategy: Only go long in an uptrend. Only go short in a downtrend Uptrend strategy: Look for an oversold situation to open a buy position....
Best Mean Reversion Strategy: Before we get to that point, first and foremost, let’s see what tools we need to use for this strategy. The best mean reversion indicator that works 85% of the time is the RSI indicator. So, you will need the RSI oscillator on your charts. Now, there is one more important thing that needs to be done. The RSI settings must be changed...
Welcome Traders! In today's trading episode, you will learn how the RSI indicator works, and how to spot divergence. Divergence is a great indication to tell you if a trend might be reversing. Take time to practice what you learned in today's video. Until next time, have fun, and trade confident :)
Here you can see how to use Tom Demark trendline (that connnects peaks / thorough of more or less equal height / value) and projections. Best of breakout occur with gaps. Prebreakout candle has to close close to the trendline and make a minor pullback before the break occurs. If breakout candle has long rejection shadow - it will not work. Projection are drawn...
Introduction If you're here on TradingView, it's probably because you believe that charts and technical analysis can give you an edge in the trading of currencies, metals, cryptocurrencies, and stocks. Granted, sometimes technical analysis doesn't work, but it works often enough to keep hundreds thousands of traders coming back here day after day. The larger...
As folk who follow my posts know, I don't keep any secrets. I explain some of my methodology in this chart. It is bespoke. To be 100% clear, this will not work 'for you'. No methodology works 'for you'. You work the methodology through experience to create your advantages. I'm not saying that people should change to this way. I do not interfere at all with...
Today we consider very powerful technical analysis tool - the Divergence. Definition The divergence is a situation when the price change is not supported by the oscillator. There are four types of divergences: 1)Regular bullish - the price shows lower highs, while the oscillator shows higher lows 2)Hidden bullish - the price shows higher lows, while the...
Here are 3 blow-off tops and 1 failed attempt which all occurred in the last 7 months. Successful completions are marked in solid black. The failed attempt is shown in dotted black. On all 4 attempts, the price accelerated upwards to different degrees. Each target can be roughly measured based on the price move. Notice how the failed blow-off begins closer to...
This is a tutorial on how to get the most out of Tradingview by using advanced price calculations. The focus will be on crypto, and more specifically bitcoin. Nevertheless these tricks can be applied to other assets as well. Let's say you want to look at the current bitcoin price. The problem is that there are a lot of different exchanges and they all have...
This tutorial explains how we take trade entries, its as simple as this! We use a complete trading system that governs every aspect of our trading, from entry to exit. We put high emphasis on position sizing and we only use the Fibonacci retracement to enter trades
Price while approaches its resistance level, is forming a divergence with MACD. Price is creating higher highs and MACD is forming lower highs. That means BTCUSD is losing its momentum. On the other hand there are confluence of sell orders in that resistance level. Therefore it probably can't break that level and goes down. But that's not enough for us. we need...
Moving Averages Crossover Divergence Masterclass Part 2 In the previous masterclass, we saw two different ways of using MACD as an indicator. In Part 2, we'll look out for two other ways to use MACD along with other indicators. The two previous ways were: 1. Centreline Crossover 2. Signal-line Crossover Moving forward the two more ways are: 3. MACD + Awesome...