Hello traders 🐺 . As you saw in the title , in this idea I want to talk about this unique situation of the DYDX which in my opinion is very rare and unique in the market specially in the higher time frame like daily and weekly so this could be a very special and profitable trade for you my friends 🚀🔥 . Many of you know about the bullish and bearish...
The concept of cycle analysis has enourmous power to detect and project important points in time when markets might turn. Cycles work in the time domain and therefore offer additional value to technical analysis. As technical analysis is mainly driven by price, cycle analysis offers a view on another parameter: Time. The most important situations occur when...
I've mentioned before how RSI only uses closing price to plot its line. This means you have to wait for price to close before the final value of the RSI is valid. A trap I've fallen into is using RSI data that isn't complete. Let me give a few examples. This weekly chart looks promising. Bullish candle and RSI increasing. A few days later after the weekly...
Automated Trading on Tradingview can be challenging. But with some strategies employing smart trading techniques, you can find your way to a reliable setup. There are many aspects of automated trading I've employed and studied. Those are as follows: Trailing Take Profits: Allowing a trade to surpass the original profit target if the price continues in your...
FB stock repeating July 2018 pattern. Expect price to further decrease until it increases. The difference here is that MACD has already crossed over into bearish territory. Stochastics has moved into oversold territory and weakness in the trend shown by the RSI is looking oversold. RSI signal line of 41 is still in range between 50 and 20. This shows that there is...
Here is my quick and dirty introduction/explanation of what the Moving Average Convergence Divergence (MACD) indicator………… indicates. The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that follows the intimate relationship between a 12-Period EMA and a 26-Period EMA on a price chart in whatever timeframe you are in. The...
Oscillators play an important role in technical analysis due to the amount of information they can return as well as their ability to lead price variations and are often used in conjunction with trend indicators. One of the most popular oscillators available is the relative strength index (RSI), one of the many popular indicators developed by J. Welles Wilder and...
Buy When There's Blood in the Street ... After the recent well known events in the financial market and the crypto market I recalled a quote by Baron Rothschild: "Buy when there's blood in the streets, even if the blood is your own." I would say this is very true; however, in the world of trading "Timing is Everything", don't just go blindly with the old saying,...
Doesn't matter which coin I used, KAVA was picked at random for back testing. The 7, 30, and 100 are used for trend analysis. When both the RSI and MFI are in confluence with support, that is the entry trigger. When above the 7, 30, 100 ride the trend and only exit when bear div on 4hr is apparent, MFI RSI in confluence at overbought, price drops below the 30....
Hello Traders, Today I wanted to go over one of my favorite as well as one of the most widely used tools in trading, the Moving Average Convergence Divergence (MACD) indicator. This moving average indicator was created invented in 1979 by Gerald Appel responsible for the MACD line and Signal line and later added to this was the histogram, developed by Thomas...
The Volume Delta Oscillator (VDO) shows some very interesting signals when configured with a long moving average length. The chart above shows an example of how to interpret the VDO configured with a 200 day moving average. VDO Settings Timeframe - 1D MA Length - 200 MA Type - SMA
This is tutorial on "How to use swing trading indicator " developed by me. Do use and benefit from it.
Hello ,everyone! The Awesome Oscillator is the very powerful indicator, which can help to define the true market movement direction. Bill Williams used this indicator as part of the Trading Chaos system. He distinguish 3 types of signals. In this article we consider only long signals. Short signals looks like the long signals if you do exactly the opposite....
Hello traders, I am not a financial advisor. I am not telling you to trade any asset. I am simply sharing my ideas on how to use tools to implement my own investment strategy. Here is a zoomed-out look you can use to come up with some of your own ideas on where the $SPX may go and how to manage your risk. Most of my core strategies are developed on the indices...
I write this tiny article to share the basics or my use of ths RSI indicator, coupled to supports and resistances levels, as well as trend lines (or any indicator you want to use as SUP/RES (moving averages, vwap ...)) This use implies a bit of practice in spotting divergences, but let's be honest, many of them appear on previous supports or resistances, just...
Kairi calculates the deviation of the current price from its SMA as a percent of the moving average. If the percent is high and positive Sell (Overbought ) If the percent is large and negative Buy ( Oversold ) The trading strategy is similar to RSI, but the upper and lower limits will be determined based on previous results and not like RSI at a certain...
I use ksd and price divergence as a trading strategy all you need is that find a divergence and wait for sharp green increasing line on ksd. than enter to long position. KSD = KST - KST_Signal
Here I give you the tips I've found most helpful when using the RSI for both trading and TA. Let me know what you think!