Trend Shift Indicator saved me from the worst of today with two weird peaks and a precipitous indicator drop that seemed scary enough to make me sell prior to the worst.
Despite the very short upswing TSI is still hanging low. Volumes aren't great and the volatility is likely not over.
We are exiting the speculation phase of sentiment-is-all and moving to the...
As the community of traders reckons with many a crazed new-comer and their love of gamestop GME and AMC we have to be glad that people are being more and more interested in trading. However, for many of us, trading isn't to make a statement: it isn't to make a point, to stick it to someone or to prove how resolute you are.
For me at least, trading is the end...
Per the EARS (Early Reversal Signal Indicator), TSLA is still in a negative flow region.
Wait for EARS to pass > 0 on non-volatile days.
See the indicator on which this is built : Trend Shift Indicator (TSI)
NOTE: This indicator is still in BETA
EARS: Early Reversal Signal Indicator.
NOTE: THIS IS A BETA VERSION
This script allows you to get timely reversal indications. The script upon which this is based leads. However, EARS is meant to confidently lag so as to signal optimal trading times.
This particular version is optimized to suit the 1 month, 30min chart. Feel free to adjust the parameters to...
Both Trend Shift Indicator and accompanying HA strategy are showing a pattern usually shown right before a reversal.
In particular concavity of TSI as measured by HA strategy is typical of a bearish setup
MU has continued volume and technical support.
Trend Shift Heikin Ashi showing reasonable risk values given the recent price shift
Volume confirms this assumption
Slow but steady.
Check out the TSHA indicator. Feedback appreciated.
While the Trend Shift Indicator and Trend Shift Heinki are barely still "green"...
we can see a shift to decreasing values and a
the stock neared the 180 caution on TSI/TSH
traders are likely to favor taking some profits.
Time for a brief pause.