A short demo that demonstrates a work of the Double Bottom Pattern Indentifier with default settings.
Hey there! This is an example of how you can improve and simplify your trading decisions using algorithmic approaches. Watching this video you can see that SMA 15/16 crossover trading system still being the most profitable combination for the last 13 years on daily AUDCAD. The most profitable combination of the periods was obtained using Profitable SMA...
OK, this one I did *without* trading fees just as a joke. The previous post for BTCUSD had fees. Seems ETH is no longer regarded as a security. Good news and perhaps interesting place to go long!
BIOS hit strong resistance at the 3.00 level and came off pretty hard. Beware, if it falls into the red triangle it could end up in the lower quadrant. However if it can get some traction and push through 3.02 it has plenty of upside imo
UA tested and held its 100 MA. Expect bounce tomorrow with good upside if it can push through the horizontal trend line and the 0.786 fib level.
NK flying through the 200 MA in the last few days, has reached the top of its symmetric trend. If it proves divergent it may run up to the 9.00 area.
This is a quick short position with only 2 price targets - the 1st target has already been hit and the 2nd should hit during the open or asian session. Based on our algo and time - this is a very weak position with only 41 pips of potential profit. Entry Level - 1.6127 1st Target - 1.6000 2nd Target - 1.6088