How to Use TradingView Alerts to Catch Momentum Shifts Here’s a quick video on setting alerts in TradingView.
I use alerts for stocks I’m interested in but want to give more time to set up. Instead of using a basic price alert, I prefer setting alerts on MACD crossovers to signal when momentum is shifting back in my favor. As a rule of thumb, the deeper the crossover, the better the value and potential momentum. Crossovers below the MACD zero line are particularly useful, especially for stocks that had strong momentum and were making new highs before pulling back.
This approach helps confirm that the stock has had time to build a solid base before I enter. TradingView will then send me an email alert or play a chime if I have it open, letting me track multiple stocks and setups without constantly checking charts. It’s also great for monitoring take-profit and stop-loss levels.
You can apply the same strategy with nearly any indicator on TradingView to time your entries and exits with more confidence.
X-indicator
In forty years of trading, I have tried a lot of methods....In forty years of trading, I have tried a lot of methods. Over the years, things have changed. Right now, I swing trade S & P 500 Index ETFs through a commission free broker off this chart
GLOBEX FUTURES and this one single indicator. I always enter after the daily close, in the aftermarket. Trade at a price, a limit order "all or none". NOTE: You must chart FUTURES to get the signal at 6:00 PM NYC time in order to have it to position in the aftermarket. if you, chart SPX cash market, the TradingView "runtime" won't show the signal until the RTH opening "tomorrow". NO GOOD ...because overnight trading can gap the cash market. Try 5 minute chart for DAY trading Futures: use only RTH ! try configuring 3, 7, and 13, "swing" values. Happy trades! P.S. I am long right now SPX ETF.
What is the key that makes you start trading?
Hello, traders.
If you "Follow", you can always get new information quickly.
Have a nice day today.
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HA-Low, HA-High indicators are indicators created for trading on Heikin-Ashi charts.
Therefore, they are determined by Heikin-Ashi's Open, Close, and RSI values.
If the RSI indicator value is above 70 when the candle starts to rise and then falls on the Heikin-Ashi chart, the HA-High indicator is generated.
If the RSI indicator value is below 30 when the candle starts to rise and then falls on the Heikin-Ashi chart, the HA-Low indicator is generated.
Therefore, rather than judging the rise and fall with your eyes, you can judge the rise and fall transitions with more specific criteria.
If you look at a regular chart, you can see that there are many rise and fall transition points, unlike the Heikin-Ashi chart.
The Heikin-Ashi chart has the effect of reducing fakes.
Therefore, it has a higher reliability than judging with a regular chart.
The biggest disadvantage of the Heikin-Ashi chart is that it is difficult to know the exact values of the Open and Close values.
Therefore, the HA-Low, HA-High indicators are used to accurately and quickly identify the Open and Close values by indicating the rising and falling transition points of the Heikin-Ashi chart on a general chart.
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The Heikin-Ashi chart uses the median.
Therefore, the HA-Low indicator corresponds to the median when it leaves the low range, and the HA-High indicator corresponds to the median when it leaves the high range.
If the HA-Low indicator is generated and then receives support, there is a high possibility that an upward trend will begin, and if the HA-High indicator is generated and then receives resistance, there is a high possibility that a downward trend will begin.
Therefore, the HA-Low, HA-High indicators are used in basic trading strategies.
However, since the HA-Low and HA-High indicators are intermediate values, if the HA-Low indicator resists and falls, there is a possibility of a stepwise decline, and if the HA-High indicator supports and rises, there is a possibility of a stepwise rise.
Therefore, to compensate for this, the DOM (60) and DOM (-60) indicators were used.
The DOM indicator is an indicator that comprehensively evaluates the DMI + OBV + MOMENTUM indicators.
When these indicators are above 60 or below -60, the DOM (60) and DOM (-60) indicators are created.
In other words, the DOM (60) indicator corresponds to the overbought range and indicates the end of the high point.
The DOM (-60) indicator corresponds to the oversold range and indicates the end of the low point.
Therefore, when the HA-Low indicator resists and falls, the actual stepwise decline is likely to start when it falls below DOM (-60).
On the other hand, when the HA-High indicator is supported and rises, the actual step-up trend is likely to start by rising above DOM (60).
This compensates for the shortcomings of the HA-Low and HA-High indicators.
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There is no way to be 100% sure in all transactions.
Therefore, if the motivation to start a transaction is clear, it is only worth challenging the transaction.
Finding that motivation and deciding how to start a transaction that suits your investment style is the trading strategy and the core of trading.
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Thank you for reading to the end.
I wish you successful trading.
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How Sell Side Institutions Move Price: BuybacksThere are Buy Side Institutions, aka Dark Pools, and there are Sell Side Institutions, the Money Center Banks and Giant Financial Services companies. These two groups dominate the market activity and move price in entirely different ways and for entirely different reasons.
Sell Side Institutions are short-term TRADERS. They are not allowed, nor do they wish, to hold stocks for the long term. The Sell Side trades stocks and has the most experienced, most talented, and most sophisticated floor traders in the world.
Buy Side Dark Pools have floor traders as well but they are strictly long-term investment companies managing the 401ks, pension funds, ETF long-term investments on behalf of the Middle Class of America and, in some instances, other nations.
Sell Side Institutions may buy a stock and hold for a few weeks or months but strictly for the short-term profits.
The Sell Side are also the Banks of Record who do the BUYBACKS on behalf of the Corporation which has made the decision by the Corporation's Board of Directors to do a buyback program, which tend to last many months or longer. Corporations do not have stock traders on staff. So the Bank of Record does the actual buying of the shares of stock.
The reasons for doing a Buyback:
To lower the outstanding shares which can create some momentum runs during high buying demand from retail groups and other investors.
Buybacks are intended to move price UPWARD in runs. The price range is established by the corporation. The runs are created by the Bank of Record.
Buybacks also increase dividend yields for long term investors, including pension fund investors.
NASDAQ:AAPL has a mega buyback that was approved in May but has just started now.
Buybacks can be a great strategy for trading stocks this year as many corporations will be doing buybacks due to the reduction of their taxes and more benefits to corporations.
Now is the time to start watching for buyback runs.
How to Trade Smart Money Concepts (SMC)\ How to Trade Smart Money Concepts (SMC)\
\ This article explores the foundation, key tools, and practical insights of Smart Money Concepts — and why it’s worth your attention.\
In today's fast-changing financial landscape, Smart Money Concepts (SMC) has become a popular strategy among modern traders. But what is SMC exactly, and how can it improve your trading decisions? This article breaks it down in a simple, professional way for traders at all levels.
---
\ What Are Smart Money Concepts?\
SMC is a trading approach based on the belief that large institutions ("smart money") like banks and hedge funds control most of the market's movements. These institutions often move the market in ways that confuse or trap retail traders. The goal of SMC is to understand and follow the footsteps of these big players.
Instead of relying on simple patterns or indicators, SMC focuses on:
\ - Market structure\
\ - Supply and demand zones\
\ - Liquidity pools\
By aligning your trades with the behavior of smart money, you can position yourself more strategically in the market.
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\ Key SMC Concepts Explained\
\ Order Blocks\
Order blocks are zones on the chart where large institutions have placed significant buy or sell orders. These zones often lead to strong price reactions and act as hidden support or resistance levels. Order blocks are considered more precise than traditional supply and demand areas.
Example: ()
\ Fair Value Gap (FVG)\
A Fair Value Gap occurs when price moves sharply in one direction, leaving a gap or imbalance in the price action. These areas often get filled later and can act as magnets for price.
In a bearish move, the FVG is the gap between the low of the previous candle and the high of the next one. In a bullish move, it's the reverse.
Example: ()
\ Timeframe Consideration\
If you can’t monitor charts during the day, avoid relying on 5–30 minute setups. Consider 4H or daily timeframes for clearer signals and more manageable trading decisions.
\ Liquidity\
Liquidity refers to price zones where lots of pending orders exist. These are usually at obvious highs, lows, or trendlines. Smart money often targets these areas to trigger stop-losses and generate movement.
One common tool to identify liquidity is a "pivot point," which is a candle with a lower low or higher high than its neighbors.
Example: ()
\ Break of Structure (BOS)\
BOS occurs when price breaks above or below a previous high or low, signaling a possible trend continuation.
Example: ()
\ Change of Character (ChoCH)\
ChoCH happens when the market changes direction. For example, if price breaks a higher low in an uptrend, it may signal a reversal.
Example: ()
Combined with BOS: ()
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\ How SMC Compares to Wyckoff\
The idea of "smart money" isn't new. Richard D. Wyckoff, a pioneer in technical analysis, laid the foundation for understanding market cycles driven by institutions. His price cycle theory includes four phases:
\ 1. Accumulation\
Smart money buys while the public is unaware.
\ 2. Markup\
Price rises as smart money pushes the market.
\ 3. Distribution\
Smart money sells into public buying.
\ 4. Markdown\
Price falls as the cycle completes.
SMC borrows from this logic but focuses more on structure and liquidity zones. Still, the core idea is the same: understand what big players are doing, and follow them.
\ For deeper insights into Wyckoff, explore additional resources focused on accumulation/distribution cycles.\
---
\ Summary\
Smart Money Concepts give traders a deeper look into market mechanics. By focusing on order blocks, fair value gaps, liquidity, and structure breaks, SMC helps identify high-probability trade setups based on institutional behavior.
It may seem complex at first, but once you understand the basics, SMC can become a powerful tool in your trading strategy. Whether you’re new or experienced, aligning with smart money can improve your edge in the market.
Bollinger Bands: How to Stop Being a Slave to the Markets.Bollinger Bands are a technical analysis indicator widely used in trading to assess the volatility of a financial asset and anticipate price movements. Created in the 1980s by John Bollinger, they consist of three lines superimposed on the price chart:
The middle band: a simple moving average, generally calculated over 20 periods.
The upper band: the moving average to which two standard deviations are added.
The lower band: the moving average to which two standard deviations are subtracted.
These bands form a dynamic channel around the price, which widens during periods of high volatility and narrows when the market is calm. When a price touches or exceeds a band, it can signal an overbought or oversold situation, or a potential trend reversal or continuation, depending on the market context.
What are Bollinger Bands used for?
Measuring volatility: The wider the bands, the higher the volatility.
Identify dynamic support and resistance zones.
Detect market excesses: A price touching the upper or lower band may indicate a temporary excess.
Anticipate reversals or consolidations: A tightening of the bands often heralds an upcoming burst of volatility.
Why is the 2-hour time frame so widely used and relevant?
The 2-hour (H2) time frame (TU) is particularly popular with many traders for several reasons:
Perfect balance between noise and relevance: The H2 offers a compromise between very short time frames (often too noisy, generating many false signals) and long time frames (slower to react). This allows you to capture significant movements without being overwhelmed by minor fluctuations.
Suitable for swing trading and intraday trading: This TU allows you to hold a position for several hours or days, while maintaining good responsiveness to take advantage of intermediate trends.
Clearer reading of chart patterns: Technical patterns (triangles, double tops, Wolfe waves, etc.) are often clearer and more reliable on H2 than on shorter time frames, making decision-making easier.
Less stress, better time management: On H2, there's no need to constantly monitor screens. Monitoring every two hours is sufficient, which is ideal for active traders who don't want to be slaves to the market.
Statistical relevance: Numerous backtests show that technical signals (such as those from Bollinger Bands) are more robust and less prone to false signals on this intermediate time frame.
In summary, the 2-hour time frame is often considered "amazing" because it combines the precision of intraday trading with the reliability of swing trading, thus providing superior signals for most technical strategies, particularly those using Bollinger Bands.
To summarize
Bollinger Bands measure volatility and help identify overbought/oversold areas or potential reversals.
The 2-hour timeframe is highly valued because it filters out market noise while remaining sufficiently responsive, making it particularly useful for technical analysis and trading decision-making.
How to mark your charts Lightning fast!One of the things I didn't like was marking my charts. I would take so much time marking my charts and adding the prices on the side. My mentor showed me the fastest way. Just use the FIB tool and use "0" and "1". Now you can focus on other important things. I want to thank my mentor for showing me this. Good luck to everyone
Debugging Pine Script with log.info()log.info() is one of the most powerful tools in Pine Script that no one knows about. Whenever you code, you want to be able to debug, or find out why something isn’t working. The log.info() command will help you do that. Without it, creating more complex Pine Scripts becomes exponentially more difficult.
The first thing to note is that log.info() only displays strings. So, if you have a variable that is not a string, you must turn it into a string in order for log.info() to work. The way you do that is with the str.tostring() command. And remember, it's all lower case! You can throw in any numeric value (float, int, timestamp) into str.string() and it should work.
Next, in order to make your output intelligible, you may want to identify whatever value you are logging. For example, if an RSI value is 50, you don’t want a bunch of lines that just say “50”. You may want it to say “RSI = 50”.
To do that, you’ll have to use the concatenation operator. For example, if you have a variable called “rsi”, and its value is 50, then you would use the “+” concatenation symbol.
EXAMPLE 1
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//@version=6
indicator("log.info()")
rsi = ta.rsi(close,14)
log.info(“RSI= ” + str.tostring(rsi))
Example Output =>
RSI= 50
Here, we use double quotes to create a string that contains the name of the variable, in this case “RSI = “, then we concatenate it with a stringified version of the variable, rsi.
Now that you know how to write a log, where do you view them? There isn’t a lot of documentation on it, and the link is not conveniently located.
Open up the “Pine Editor” tab at the bottom of any chart view, and you’ll see a “3 dot” button at the top right of the pane. Click that, and right above the “Help” menu item you’ll see “Pine logs”. Clicking that will open that to open a pane on the right of your browser - replacing whatever was in the right pane area before. This is where your log output will show up.
But, because you’re dealing with time series data, using the log.info() command without some type of condition will give you a fast moving stream of numbers that will be difficult to interpret. So, you may only want the output to show up once per bar, or only under specific conditions.
To have the output show up only after all computations have completed, you’ll need to use the barState.islast command. Remember, barState is camelCase, but islast is not!
EXAMPLE 2
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//@version=6
indicator("log.info()")
rsi = ta.rsi(close,14)
if barState.islast
log.info("RSI=" + str.tostring(rsi))
plot(rsi)
However, this can be less than ideal, because you may want the value of the rsi variable on a particular bar, at a particular time, or under a specific chart condition. Let’s hit these one at a time.
In each of these cases, the built-in bar_index variable will come in handy. When debugging, I typically like to assign a variable “bix” to represent bar_index, and include it in the output.
So, if I want to see the rsi value when RSI crosses above 0.5, then I would have something like:
EXAMPLE 3
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//@version=6
indicator("log.info()")
rsi = ta.rsi(close,14)
bix = bar_index
rsiCrossedOver = ta.crossover(rsi,0.5)
if rsiCrossedOver
log.info("bix=" + str.tostring(bix) + " - RSI=" + str.tostring(rsi))
plot(rsi)
Example Output =>
bix=19964 - RSI=51.8449459867
bix=19972 - RSI=50.0975830828
bix=19983 - RSI=53.3529808079
bix=19985 - RSI=53.1595745146
bix=19999 - RSI=66.6466337654
bix=20001 - RSI=52.2191767466
Here, we see that the output only appears when the condition is met.
A useful thing to know is that if you want to limit the number of decimal places, then you would use the command str.tostring(rsi,”#.##”), which tells the interpreter that the format of the number should only be 2 decimal places. Or you could round the rsi variable with a command like rsi2 = math.round(rsi*100)/100 . In either case you’re output would look like:
bix=19964 - RSI=51.84
bix=19972 - RSI=50.1
bix=19983 - RSI=53.35
bix=19985 - RSI=53.16
bix=19999 - RSI=66.65
bix=20001 - RSI=52.22
This would decrease the amount of memory that’s being used to display your variable’s values, which can become a limitation for the log.info() command. It only allows 4096 characters per line, so when you get to trying to output arrays (which is another cool feature), you’ll have to keep that in mind.
Another thing to note is that log output is always preceded by a timestamp, but for the sake of brevity, I’m not including those in the output examples.
If you wanted to only output a value after the chart was fully loaded, that’s when barState.islast command comes in. Under this condition, only one line of output is created per tick update — AFTER the chart has finished loading. For example, if you only want to see what the the current bar_index and rsi values are, without filling up your log window with everything that happens before, then you could use the following code:
EXAMPLE 4
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//@version=6
indicator("log.info()")
rsi = ta.rsi(close,14)
bix = bar_index
if barstate.islast
log.info("bix=" + str.tostring(bix) + " - RSI=" + str.tostring(rsi))
Example Output =>
bix=20203 - RSI=53.1103309071
This value would keep updating after every new bar tick.
The log.info() command is a huge help in creating new scripts, however, it does have its limitations. As mentioned earlier, only 4096 characters are allowed per line. So, although you can use log.info() to output arrays, you have to be aware of how many characters that array will use.
The following code DOES NOT WORK! And, the only way you can find out why will be the red exclamation point next to the name of the indicator. That, and nothing will show up on the chart, or in the logs.
// CODE DOESN’T WORK
//@version=6
indicator("MW - log.info()")
var array rsi_arr = array.new()
rsi = ta.rsi(close,14)
bix = bar_index
rsiCrossedOver = ta.crossover(rsi,50)
if rsiCrossedOver
array.push(rsi_arr, rsi)
if barstate.islast
log.info("rsi_arr:" + str.tostring(rsi_arr))
log.info("bix=" + str.tostring(bix) + " - RSI=" + str.tostring(rsi))
plot(rsi)
// No code errors, but will not compile because too much is being written to the logs.
However, after putting some time restrictions in with the i_startTime and i_endTime user input variables, and creating a dateFilter variable to use in the conditions, I can limit the size of the final array. So, the following code does work.
EXAMPLE 5
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// CODE DOES WORK
//@version=6
indicator("MW - log.info()")
i_startTime = input.time(title="Start", defval=timestamp("01 Jan 2025 13:30 +0000"))
i_endTime = input.time(title="End", defval=timestamp("1 Jan 2099 19:30 +0000"))
var array rsi_arr = array.new()
dateFilter = time >= i_startTime and time <= i_endTime
rsi = ta.rsi(close,14)
bix = bar_index
rsiCrossedOver = ta.crossover(rsi,50) and dateFilter // <== The dateFilter condition keeps the array from getting too big
if rsiCrossedOver
array.push(rsi_arr, rsi)
if barstate.islast
log.info("rsi_arr:" + str.tostring(rsi_arr))
log.info("bix=" + str.tostring(bix) + " - RSI=" + str.tostring(rsi))
plot(rsi)
Example Output =>
rsi_arr:
bix=20210 - RSI=56.9030578034
Of course, if you restrict the decimal places by using the rounding the rsi value with something like rsiRounded = math.round(rsi * 100) / 100 , then you can further reduce the size of your array. In this case the output may look something like:
Example Output =>
rsi_arr:
bix=20210 - RSI=55.6947486019
This will give your code a little breathing room.
In a nutshell, I was coding for over a year trying to debug by pushing output to labels, tables, and using libraries that cluttered up my code. Once I was able to debug with log.info() it was a game changer. I was able to start building much more advanced scripts. Hopefully, this will help you on your journey as well.
Mastering the RSI - How to use it in trading?What will be discussed?
- What is the RSI?
- RSI overbought
- RSI oversold
- RSI divergences
- How to use the RSI
- How to trade with the RSI
What is the RSI?
The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder Jr., it ranges from 0 to 100 and helps traders evaluate whether a security is overbought or oversold. The RSI typically uses a 14-period timeframe and is calculated based on the average gains and losses over that period. A rising RSI suggests increasing buying momentum, while a falling RSI indicates growing selling pressure.
RSI overbought
When the RSI rises above 70, the asset is generally considered overbought. This condition indicates that the price may have risen too quickly and could be due for a correction or pullback. However, being overbought doesn't automatically mean a reversal will occur, it signals that bullish momentum is strong, and traders should be cautious of potential trend exhaustion.
RSI oversold
Conversely, an RSI reading below 30 is typically seen as a sign that the asset is oversold. This condition suggests the price may have fallen too sharply and could be primed for a rebound. Just like with the overbought condition, an oversold RSI doesn’t guarantee an immediate reversal but serves as a warning that bearish momentum may be overextended.
RSI divergences
Divergences occur when the RSI and the price of the asset move in opposite directions. A bullish divergence happens when the price makes a lower low, but the RSI forms a higher low, potentially signaling a reversal to the upside. A bearish divergence occurs when the price makes a higher high, but the RSI creates a lower high, possibly indicating a downward reversal. Divergences are often used to spot early signs of trend changes.
How to use the RSI?
To use the RSI effectively, traders typically look for overbought and oversold conditions to time entries and exits, combine it with other technical indicators for confirmation, and watch for divergences as a sign of potential reversals. RSI can also be adapted for different timeframes or strategies, depending on whether the trader is looking for short-term swings or long-term trend analysis. While it’s a powerful tool, RSI should not be used in isolation, it works best as part of a broader trading plan that considers market context and risk management.
How to trade with the RSI?
The RSI can be a powerful tool for identifying potential trade setups. When the price approaches a key support zone while the RSI remains in overbought territory, this may signal an early warning of a possible market reversal. However, rather than acting immediately, it's wise to wait for confirmation. A clear candlestick reversal pattern, such as a bullish engulfing candle or a pin bar, a provide stronger evidence that momentum is shifting. By combining RSI readings with price action and support levels, traders can improve the accuracy and timing of their entries.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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A Step-by-step Guide to One of the Chart Analysis Method: VOLTASHello Friends,
Welcome to RK_Chaarts,
Today we're going to learn step-by-step guide to one of the chart analysis Method by analyzing a chart of " VOLTAS LTD. " to identify a trend change opportunity.(Educational Post).
Let's get started!
Applying Elliott Wave Theory
According to Elliott Wave theory, we can see that the high of September 20, 2024, marked the end of the wave III of the cycle degree in Red. After that, a corrective wave unfolded, which reached its low on February 1, 2025. This was the wave IV of the cycle degree in Red, with a low of 1135.
The approximately 6 months correction ended here, and now the wave V of the cycle degree in Red has begun. Within this, there will be five sub-divisions of primary degree in black, which we can label as waves ((1)) to ((5)). Of these, waves ((1)) and ((2)) are complete, and we are possibly now in wave ((3)) of the Primary degree in Black.
Within wave ((3)), there will be five sub-divisions of intermediate degree in blue, of which waves (1) and (2) are complete, and the (3)rd intermediate degree in Blue is underway. Within this, there will be five sub-divisions waves of minor degree in red, of which 1 and 2 are complete, and today we saw the breakout of the 3 of the (3).
Possibly, this is a momentum move according to Elliott Wave theory, which we can call the third of the third of the third.
Now that we have this low of wave IV at ₹1135, it should not go below this level according to Elliott Wave theory. If it does, our current wave count will be invalidated. That's why we have an invalidation level within Elliott Wave, which according to this chart is at ₹1135. This low should not be breached. If it is breached for any reason, we'll have to re-analyze our entire count, and the counts could be different.
However, if this low holds, then the minimum target for wave V, based on the projection of wave theory, would be at least 100% to 123% of the fall from top III to bottom IV, which could take it to around ₹2000 to ₹2100. Shown in chart image below
Possible Elliott Wave Counts on Daily Time Frame Along with Invalidation level & Target levels.
Dow Theory Suggests now Up Trend
After forming the top of wave III, we can see that the price has moved downwards in a pattern of lower highs and lower lows. However, after completing the bottom of wave IV, the price has started forming a pattern of higher highs and higher lows, indicating that an uptrend has begun.
This is a clear signal that supports our wave counts moving upwards, i.e., towards an impulse move, based on Dow theory. The successful completion of wave IV and the initiation of the higher highs and higher lows pattern suggest a strong bullish trend, and we can expect the price to continue moving upwards. Shown in chart image below
Breakout with good intensity of Volumes
In this chart, we've observed a rounding bottom type chart pattern, and today, we've seen a breakout above the upper resistance trend line. Today's candle volume is also significantly higher than the average. Shown in chart images below
Chart Pattern: Rounding Bottom
Resistance Trendline Breakout with Good Intensity of Volumes
Supporting Indicators & Moving Averages
Also we can see that the current price has closed above the 50-day EMA and 100-day EMA. Additionally, indicators like RSI is above 60 and showing momentum, MACD is positive and above the zero line, and the histogram is also showing a breakout. Shown in chart images below
Breakout above 50DEMA & 100DEMA
RSI Breakout above 60+ on Daily Time Frame
Bullish side Breakout in Histogram on Daily Time Frame
MACD running Positive & above zero line on Daily Time Frame
Bollinger Band on Weekly
If we look at the weekly time frame, the current week's candle is above the middle Bollinger Band, indicating that the price is above the 20-period simple moving average on the weekly time frame. which is very good sign. Shown in chart image below
Price Trading above 20 SMA on Weekly Time Frame (Mid.Bollinger Band)
Significant Observation in Price Action & Volumes
Before the breakout, the rounding bottom chart pattern that was forming at the bottom can be interpreted as accumulation, as a red bearish candle with high volume appeared, marking the highest volume. Notably, no candle has closed below the low of that candle since then.
Although a gap-down candle occurred, it opened and closed bullish, indicating no selling pressure below that level. The absence of bearish follow-up and the subsequent breakout today are significant observations, combining price action and volume. This is a positive sign suggesting the price may move upwards. Shown in chart image below
This is how chart analysis is done for investment purposes. We've seen many signs in our favor, and yet we still use a stop loss to prevent significant losses in case the stock or market moves unexpectedly. This is what stop loss is all about - minimizing potential losses.
We've also discussed the target projection based on Wave theory, 123.6% level, which we explained through an image. So, friends, I hope you've understood the entire conclusion and learned how to analyze charts using different methods, one of which we shared with you today.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Chaarts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Do You Have a Trading Edge?A Practical Guide to Figuring Out if What You’re Doing Is Actually Working
There comes a point in every trader’s journey when you stop asking “what indicator should I use” and start asking something much more important.
Is what I’m doing actually working?
It’s an honest question. When the P&L has been chopping sideways or dipping red for weeks, it’s easy to feel stuck. Maybe you’ve been grinding for months, jumping from one setup to another, but still not seeing consistent progress. Before you give up or double down, it’s worth stepping back and looking at the one thing that matters most.
Do you have an edge?
What Is a Trading Edge, Really?
A trading edge isn’t about being right all the time. It isn’t some secret indicator or a feeling in your gut. It’s a cold, hard number.
Your edge is the amount of money you can expect to make or lose on average every time you place a trade. If the number is positive, you’re on the right side of probability. If it’s negative, then no amount of motivation or mindset work will stop the account from bleeding over time.
Thankfully, there’s a simple formula that tells you exactly where you stand.
The Formula: No Hype, Just Maths
Edge per trade = (Average Win × Win Rate) − (Average Loss × Loss Rate)
Or more simply:
Edge = W × R – L × (1−R)
Where:
• W is your average winning trade in pounds
• L is your average losing trade (as a positive number)
• R is your win rate, written as a decimal (so 55% becomes 0.55)
This is your trading edge. It’s not a concept. It’s a number. And it either works or it doesn’t.
Let’s Put It Into Practice
Say you win 45% of the time. Your average winning trade makes £180. Your average losing trade costs £120. Plug the numbers in.
Edge = £180 × 0.45 minus £120 × 0.55
Edge = £81 minus £66
Edge = £15
That £15 is your expected value per trade. So if you take 100 trades following that same pattern, you’d expect to make £1,500 before costs. That’s the kind of maths you want working in your favour. It’s not glamorous. It’s not loud. But it’s sustainable.
What if the Edge Is Negative?
This is where a lot of traders lose heart. But it’s actually good news. If the formula tells you the edge isn’t there, you can stop guessing. It means you’ve identified the problem.
A negative edge just tells you that, on balance, either:
• you’re winning too infrequently
• your losses are too large
• your winners aren’t big enough
And every one of those can be adjusted. This isn’t about tearing down your whole system. Often, a small shift in one variable is all it takes to turn a negative edge into a positive one.
Three Ways to Nudge the Numbers in Your Favour
1. Improve the win rate slightly
Look for trades with more confluence. Stick to clearer trends. Avoid taking marginal setups during unpredictable conditions. You don’t need a huge jump, even going from 40% to 47% can have a big impact.
2. Increase the size of your winners
Let trades run a little longer when the conditions are right. Take partials if it helps your mindset, but keep a portion on to capture the extended move. Most traders cut profits too early and let losers drift too far.
3. Tighten up the losses
Use hard stops. Respect them. Review your biggest losing trades and ask yourself if they really had to be that big. Often they didn’t. The goal is to keep losses small and repeatable, not devastating and unpredictable.
A Note on Sample Size
Five or ten trades won’t give you a reliable read on your edge. You need a bigger pool. Ideally 50 to 100 trades minimum. Patterns emerge over time, not in the heat of one session.
A strong edge can go through losing streaks. A poor strategy can get lucky for a while. But when you track your numbers over enough trades, the truth becomes very clear.
You’re Probably Closer Than You Think
If you’ve never done this calculation before, don’t feel behind. Most retail traders never actually work out their edge. They focus on indicators, entry techniques, or mindset work without ever stopping to ask if the numbers stack up.
But once you do the maths, things start to change. You stop judging yourself by your last trade and start thinking in averages. You stop chasing every setup and start focusing on quality. You stop worrying about being right, and start focusing on being consistent.
That’s what separates hobbyists from professionals. The numbers are the difference.
Summary:
If your edge is negative, you now know where to look. If it’s positive, even just slightly, you’ve got something worth building on. Either way, the path forward is clearer.
Trading is hard, no question. But it’s not magic. It’s probability, risk control and discipline applied consistently. And it all starts with understanding the maths behind what you’re doing.
So next time you’re questioning whether your system is any good, don’t ask how it feels. Run the numbers.
Do you have a trading edge?
If yes, protect it. If not, now you know what to fix.
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.24% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
USDJPY FXAN & Heikin Ashi exampleIn this video, I’ll be sharing my analysis of USDJPY, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏
Velocity Market Conditions Explained.There are 6 primary upside Market Conditions. Currently the stock market is in a Velocity Market Condition where price and runs are controlled by retail investors, retail swing traders, retail day traders and the huge group of Small Funds Managers using VWAP ORDERS to buy shares of stock with an automated systematic buy order trigger when the volume in that stock starts to rise. The more volume in a stock the faster the VWAP order will trigger.
You task is to study Dark Pool hidden and quiet accumulation bottoming formations to be ready for the Velocity Market Condition that always follows.
Price is a primary indicator.
Volume is a primary Indicator.
These are the most important indicators in your trading charting software tools.
The next most important indicator is Large lot versus Small lot indicators which are NOT based on volume but more complex formulations.
HFTs use algorithms, AI, social media discussions etc.
To ride the Velocity wave upward, you must enter the stock before the run upward.
Learning to read charts as easily takes practice and experience.
The benefit is the ability to forecast with a very high degree of accuracy what that stock will due in terms of rising profits, over the next few days or longer.
Candlesticks have many new candle patterns that have just developed in the past couple of years. The stock market is evolving at a fast pace and the internal market structure that you can't see is only visible in the candlesticks, large lot vs small lot indicators, and other semi professional to professional level tools for analyzing stocks.
The stock market is changing and becoming far more tiered with more off exchange transactions. Learn to read charts so that you can trade with higher confidence and higher revenues.
Example of how to draw a trend line using the StochRSI indicator
Hello, traders.
If you "Follow", you can always get new information quickly.
Have a nice day today.
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We use the StochRSI indicator to draw a trend line.
We draw a trend line by connecting the peaks of the StochRSI indicator, i.e. the K line, when they are created in the overbought area or when they are created in the overbought area.
That is, when the K line of the StochRSI indicator forms a peak in the overbought area, the trend line is drawn by connecting the Open values of the falling candles.
If the candle corresponding to the peak of the StochRSI indicator is a rising candle, move to the right and use the Open value of the first falling candle.
When drawing the first trend line, draw it from the latest candle.
Since the third trend line indicates a new trend, do not draw anything after the third trend line.
The currently drawn trend line corresponds to the high-point trend line.
-
Therefore, you should also draw the low-point trend line.
The low-point trend line is drawn by connecting the K line of the StochRSI indicator when the top is formed in the oversold zone.
The low-point trend line uses the low value of the candle when the K line of the StochRSI indicator forms the top in the oversold zone.
That is, it doesn't matter whether the candle is a bearish candle or a bullish candle.
The drawing method is the same as when drawing the high-point trend line, drawing from the latest candle.
The top of the best K line of the StochRSI indicator was not formed within the oversold zone.
(The top is indicated by the section marked with a circle.)
Since the trend line was not formed, the principle is not to draw it.
If you want to draw it and see it, it is better to display it differently from the existing trend line so that it is intuitively different from the existing trend line.
-
The chart below is a chart that displays the trend line drawn separately above as a whole.
It is also good to distinguish which trend line it is by changing the color of the high-point trend line and the low-point trend line.
The chart below is a chart that distinguishes the high-point trend line in blue (#5b9cf6) and the low-point trend line in light green (#00ff00).
The low-point trend line is a line drawn when the trend has changed, so it does not have much meaning, but it still provides good information for calculating the volatility period.
-
To calculate the volatility period, support and resistance points drawn on the 1M, 1W, and 1D charts are required.
However, since I am currently explaining how to draw a trend line, it is only drawn on the 1M chart.
-
I use the indicators used in my chart to indicate support and resistance points.
That is, I use the DOM(60), DOM(-60), HA-Low, HA-High, and OBV indicators to indicate support and resistance points.
Since the DOM(-60) and HA-Low indicators are not displayed on the 1M chart, I have shown the 1W chart as an example.
The indicators displayed up to the current candle correspond to the main support and resistance points.
Although it is not displayed up to the current candle, the point where the horizontal line is long is drawn as the sub-support and resistance point.
It is recommended to mark them separately to distinguish the main support and resistance point and the sub-support and resistance point.
The trend line drawn in this way and the support and resistance points are correlated on the 1D chart and the volatility period is calculated.
(For example, it was drawn on the 1M chart.)
The sections marked as circles are the points that serve as the basis for calculating the volatility period.
That is,
- The point where multiple trend lines intersect
- The point where the trend line and the support and resistance points intersect
Select the point that satisfies the above cases at the same time to display the volatility period.
When the point of calculating the volatility period is ambiguous, move to the left and select the first candle.
This is because it is meaningless to display it after the volatility period has passed.
If possible, the more points that are satisfied at the same time, the stronger the volatility period.
If the K-line peak of the StochRSI indicator is formed outside the overbought or oversold zone, it is better to exclude it when calculating the volatility period.
-
The chart below is a chart drawn on a 1D chart by summarizing the above contents.
The reason why there are so many lines is because of this reason.
For those who are not familiar with my charts, I have been simplifying the charts as much as possible these days.
However, when explaining, I have shown all the indicators to help you understand the explanation.
-
Thank you for reading to the end.
I hope you have a successful trade.
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StochRSI indicator and support and resistance levels
Hello, traders.
If you "follow" me, you can always get the latest information quickly.
Have a nice day today.
-------------------------------------
The StochRSI indicator on the left chart is slightly different from the StochRSI indicator on the right.
The StochRSI indicator on the left chart is the StochRSI indicator provided by default in TradingView, and the StochRSI indicator on the right chart is an indicator with a modified formula.
The StochRSI indicator is a leading indicator that is reflected almost in real time.
Therefore, it reacts sensitively to price changes.
Although it is advantageous because it reacts sensitively, it also increases the possibility of being caught in a fake, so I thought that a slight delay(?) was necessary, and so I created the StochRSI indicator on the left chart.
If you look at the relationship between the K and D of the StochRSI indicators on the two charts, you can see that there is a big difference.
In the end, you can predict the movement by checking whether the movement of the K line has escaped the overbought or oversold section.
However, I think that you will receive information that can determine the sustainability of the trend depending on the positional relationship between K and D.
Therefore, it is important to distinguish the inflection points that occur in the StochRSI indicator.
This is because these inflection points provide important information for drawing trend lines.
Therefore, the StochRSI indicator on the left chart, which better expresses the inflection point, is being used to draw the trend line.
(Unfortunately, this indicator was not registered on TradingView because I did not explain it well.)
-
As a new candle was created, the StochRSI indicator on the left chart is showing an inflection point on the K line.
The StochRSI indicator on the right chart is showing a transition to a state where K < D.
We will have to check whether the inflection point was created only when today's candle closes, but I think that the fact that it is showing this pattern means that there is a high possibility of a change in the future trend.
Since the next volatility period is expected to start around July 2nd (July 1st-3rd), I think it has started to show meaningful movements.
-
It is true that you want to buy at the lowest price possible and sell at the highest price.
However, because of this greed, one mistake can lead to a loss that can overturn nine victories, so you should always be careful.
Therefore, if possible, it is better to check for support and respond.
In that sense, I think it is worth referring to the relationship between K and D of the StochRSI indicator on the left chart.
This is because the actual downtrend is likely to start when K < D.
-
In order to check for support, you definitely need support and resistance points drawn on the 1M, 1W, and 1D charts.
Ignoring this and checking for support at the drawn support and resistance points can result in not being able to apply the chart you drew to actual trading.
Therefore, you should draw support and resistance points first before starting a trade.
Otherwise, if you draw support and resistance points after starting a trade, you are more likely to set support and resistance points that reflect your subjective thoughts, so as I mentioned earlier, you are more likely to lose faith in the chart you drew.
If this phenomenon continues, it will eventually lead to leaving the investment market.
-
It is important to determine whether there is support by checking the correlation between the StochRSI indicator and other indicators at the support and resistance points drawn on the 1M, 1W, and 1D charts.
Even if the inflection point of the StochRSI indicator or other indicators occurs at a point other than the support and resistance points you drew, you should consider it as something that occurred beyond your ability to handle.
In other words, you should observe the price movement but not actually trade.
As I mentioned earlier, if you start to violate this, you will become less and less able to trust the chart you drew.
-
Accordingly, the basic trading strategy I suggest is to buy near the HA-Low indicator and sell near the HA-High indicator.
However, since the HA-Low and HA-High indicators are expressed as average values, they may move in the opposite direction to the basic trading strategy.
In other words, if the HA-Low indicator is resisted and falls, there is a possibility of a stepwise downward trend, and if the HA-High indicator is supported and rises, there is a possibility of a stepwise upward trend.
Therefore, the basic trading strategy mentioned above can be considered a trading strategy in the box section.
In the case of deviating from this box section, it is highly likely to occur before and after the volatility period indicated by the relationship between the trend line using the StochRSI indicator mentioned above and the support and resistance points drawn on the 1M, 1W, and 1D charts.
Therefore, special care is required when conducting new transactions during the volatility period.
This is because there is a high possibility of being caught in a fake when trading during the volatility period.
-
The DOM(60) and DOM(-60) indicators are good indicators to look at together with the HA-Low and HA-High indicators.
The DOM indicator is an indicator that comprehensively evaluates the DMI, OBV, and MOMENTUM indicators.
Therefore, the DOM(60) indicator is likely to be at the end of the high point range, and the DOM(060) indicator is likely to be at the end of the low point range.
In the explanation of the HA-Low and HA-High indicators,
- I said that if the HA-Low indicator receives resistance and falls, there is a possibility that a stepwise downtrend will begin,
- and if the HA-High indicator receives support and rises, there is a possibility that a stepwise uptrend will begin.
In order for an actual stepwise downtrend to begin, the price must fall below DOM(-60), and in order for a stepwise uptrend to begin, it must rise above DOM(60).
In other words, the DOM(-60) ~ HA-Low section and the HA-High ~ DOM(60) section can be seen as support and resistance sections.
-
If these correlations start to appear, I think you will be able to create a trading strategy that fits your investment style without being swayed by price volatility and proceed with trading.
The reason for analyzing charts is to trade.
Therefore, the shorter the time for chart analysis, the better, and you should increase the start of creating a trading strategy.
-
Thank you for reading to the end.
I hope you have a successful trade.
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A Step-by-step Guide to One of the Chart Analysis MethodHello Friends,
Welcome to RK_Chaarts,
Today we're going to learn step-by-step guide to one of the chart analysis Method by analyzing a chart of " Varun Beverages Ltd. (VBL) " to identify a trend change opportunity.(Educational Post).
Let's get started!
Applying Elliott Wave Theory
First, we can see that the bottom formed in March 2025 is likely a Wave ((4)) in Black as a bottom, marked as such on the chart. From there, Wave 5 should move upwards. Looking at the daily timeframe, we can see that price gone up in five sub-divisions of Wave (1) in Blue of Wave ((5)) in Black have completed, marked as Red 1-2-3-4-5, that means blue intermediate Wave (1) has ended, and Wave (2) has begun, which is unfolded in corrective nature marked as WXY in Red of Wave (2) in Blue.
According to the wave principle, Wave (2) should not retrace more than 100% of Wave (1), which started from the 419.65 bottom. Therefore, 419.65 becomes our invalidation level. If the price moves below this level, it would invalidate our Wave (2) principle.
Assuming our wave counts are correct, the upward movement is in the five sub-divisions, and the downward movement is in the three sub-divisions. Definitely, the conviction is increasing that we have correctly identified Waves (1) and (2). Shown in chart image below
Tweezers at Bottom
Now, we can see that Wave 2 has retraced more than 70% and has formed a Tweezer candlestick pattern at the bottom. A bearish candle was followed by a bullish candle, both with a Tweezer-like shape, with the second candle being green. This could indicate a potential reversal. Moreover, the latest candle has also taken out the high of the previous two candles, showing follow-through. The price has also shown follow-through on the upside after that. So, this can be considered as the first sign that Wave 2 might be ending, marked by a significant Tweezer pattern at the bottom with a follow-through candle. Shown in chart image below
Significant Breakout Pending Yet
Secondly, from the top where Wave 1 ended, we've been considering the decline from around 560.50 as a resistance. We drew a resistance trend line, and if the price breaks out above it, we can say that the resistance trend line has been broken, indicating a breakout above the last fall's trend line, Which is not Broken yet. Shown in chart image below
Dow Theory
The Dow Theory states that when the price moves up, it forms a Higher High, Higher Low pattern, and when it moves down, it forms a Lower High, Lower Low pattern. Somehow, the Dow Theory also needs to change, as the last swing was forming a Lower High, Lower Low pattern. The last swing high was at 479, which we marked with a green arrow. If the price crosses above it, we can say that the price is now forming a Higher High pattern. This indicates that the Dow Theory is changing from a falling trend to a rising trend. Shown in chart image below
Stop Loss
Once the Dow Theory also changes, we can use the last swing low at 446.15 as our stop loss. However, this stop loss will only be valid after the Dow Theory changes; otherwise, the invalidation level will remain at 419. Shown in chart image below
Projected Target of Wave (3)
So, friends, we've applied the Elliott Wave principle, and there's been a significant retracement, all within the valid range, without violating any rules or triggering invalidation. There's limited room left on the downside, and then we have the Tweezer candlestick pattern, which is a significant sign. We're expecting a reversal from there, and the price has followed up with an upward move.
What's left now is the breakout above the resistance trend line and a change in the Dow Theory. Once these two conditions are confirmed, all parameters will match, and we can add a position to our portfolio using the last swing low as our stop loss, instead of the invalidation level.
This is how chart analysis is done for investment purposes. We've seen many signs in our favor, and yet we still use a stop loss to prevent significant losses in case the stock or market moves unexpectedly. This is what stop loss is all about - minimizing potential losses.
We've also discussed the target projection based on Wave theory, 161.8% level, which we explained through an image. So, friends, I hope you've understood the entire conclusion and learned how to analyze charts using different methods, one of which we shared with you today.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Instructions on how to potentially use the SIG[TP/SL (1H-4H-1D)]It's a HF algorithm for the 1H,4H,1D Time-Frames. Which means whenever the instrument reaches the open price, the algo might give a lot of signals and sometimes it might give plenty of reverse signals. In order to use the specific algo in the best possible way, here's a helpful guide on how to potentially use it:
1)Wait for the instrument to reach the open price.
2) ALWAYS, Follow the signals, e.g: We are at the open price. If it indicates buy signal, then open a long position. If for example 5 seconds later (again at the open price) it indicates a sell signal, then reverse the long position into a short position, and keep doing it until it gives a signal, that will be followed by a good sized candle.
3) The safest way is to close the trade when the price reaches the potential TP1.
4) Happy Trading!
*The text above is not an investment advice, and it does not guarantee any profit.
US–Iran Conflict Triggers a Potential Nasdaq Bearish Setup🟣 Geopolitical Flashpoint Meets Technical Confluence
The U.S. weekend airstrike on Iranian nuclear facilities has reignited geopolitical instability across the Middle East. While broader markets often absorb news cycles quickly, high-beta assets like Nasdaq futures (NQ) tend to react more dramatically—especially when uncertainty meets existing technical vulnerability.
Monday’s session opened with a notable gap to the downside, reflecting immediate risk-off sentiment among futures traders. While the initial drop is being retraced intraday, historical patterns suggest that such gap-fills can often serve as ideal shorting zones—particularly when other bearish signals confirm the narrative. The backdrop is clear: this is no ordinary Monday open.
🟣 Bearish Divergence on CCI Builds the Case
From a technical standpoint, the setup gains weight through a clear bearish divergence on the Commodity Channel Index (CCI) using a 20-period setting. While prices recently pushed higher, momentum failed to follow—an early indication that buyers may be running out of steam. This divergence appears just as price approaches the origin of Friday’s gap, a level that frequently acts as a resistance magnet in such contexts. This confluence of weakening momentum and overhead supply aligns perfectly with the geopolitical catalyst, offering traders a compelling argument for a potential reversal in the short term.
🟣 Gap Origin: The Line in the Sand
The origin of the gap sits at 21844.75, a price level now acting as potential resistance. As the market attempts to climb back toward this zone, the likelihood of encountering institutional selling pressure increases. Gap origins often represent unfinished business—zones where prior bullish control was suddenly interrupted. In this case, the added layer of global tension only strengthens the conviction that sellers may look to reassert dominance here. If price action stalls or rejects at this zone, it could become the pivot point for a swift move lower, especially with bearish momentum already flashing caution signals.
🟣 Trade Plan and Reward-to-Risk Breakdown
A potential short trade could be structured using 21844.75 as the entry point—precisely at the gap origin. A conservative stop placement would rest just above the most recent swing high at 22222.00, offering protection against a temporary squeeze. The downside target aligns with a prior UFO support area near 20288.75, where demand previously showed presence. This sets up a risk of 377.25 points versus a potential reward of 1556.00 points, resulting in a reward-to-risk ratio of 4.12:1. For traders seeking asymmetrical opportunity, this ratio stands out as a strong incentive to engage with discipline.
🟣 Futures Specs: Know What You’re Trading
Traders should be aware of contract specifics before engaging. The E-mini Nasdaq-100 Futures (NQ) represent $20 per point, with a minimum tick of 0.25 worth $5.00. Typical margin requirements hover around $31,000, depending on the broker.
For smaller accounts, the Micro Nasdaq-100 Futures (MNQ) offer 1/10th the exposure. Each point is worth $2, with a $0.50 tick value and much lower margins near $3,100.
🟣 Discipline First: Why Risk Management Matters
Volatility driven by geopolitical events can deliver fast gains—but just as easily, fast losses. That’s why stop-loss orders are non-negotiable. Without one, traders expose themselves to unlimited downside, especially in leveraged instruments like futures. Equally critical is the precision of entry and exit levels. Acting too early or too late—even by a few points—can compromise an otherwise solid trade. Always size positions according to your account, and never let emotion override logic. Risk management isn’t a side-note—it’s the foundation that separates professionals from those who simply speculate.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
Your Trading System Isn't the Problem. Your Discipline Is.📘 Your Trading System Isn't the Problem. Your Discipline Is.
Hard truth:
Your endless search for a new system is a smokescreen.
The best system in the world can't save you from poor discipline.
Here's why discipline matters more than your strategy:
You quit your system after a few losses, never allowing it to prove its value.
You deviate from your rules when emotions run high—wrecking consistency.
You're focused on shiny objects instead of sharpening the knife you already have.
🎯 The solution?
Commit to discipline. Track your adherence rigorously. Measure your success by consistency, not immediate outcomes.
TrendGo’s power isn’t just in clear signals—it's in enabling disciplined action.
🔍 Stop blaming your tools. Own your discipline.
Best Free Volatility Indicator on TradingView for Gold Forex
This free technical indicator will help you easily measure the market volatility on Forex, Gold or any other market.
It will show you when the market is quiet , when it's active and when it's dangerous .
We will go through the settings of this indicator, and you will learn how to set it up on TradingView.
Historical Volatility Indicator
This technical indicator is called Historical Volatility.
It is absolutely free and available on TradingView, MetaTrader 4/5 and other popular trading terminals.
TradingView Setup
Let me show you how to find it on TradingView and add it to your price chart.
Open a technical price chart on TradingView and open the "Indicators" menu (you will find it at the top of the screen).
Search "Historical Volatility" and click on it.
It will automatically appear on your chart.
"Length" parameter will define how many candles the indicator will take for measuring the average volatility. (I recommend keeping the default number, but if you need longer/shorter-term volatility, you can play with that)
Timeframe drop-down list defines what time frame the indicator takes for measuring the volatility. (I recommend choosing a daily timeframe)
And keep the checkboxes unchanged .
How to Use the Indicator
Now, let me show you how to use it properly.
Wider the indicator and analyse its movement at least for the last 4 months.
Find the volatility range - its low levels will be based on the lower boundary of the range, high levels will be based on its upper boundary.
This is an example of such a range on USDCAD pair.
When the volatility stays within the range, it is your safe time to trade.
When volatility approaches its lows, it may indicate that the market might be slow .
Highs of the range imply that the market is very active
In-between will mean a healthy market.
The Extremes
The violation of a volatility range to the downside is the signal that the market is very slow . This would be the recommended period to not trade because of high chance of occurrence of fakeouts.
An upward breakout of a voliatlity range is the signal of the extreme volatility . It will signify that the market is unstable , and it will be better to let it calm down before placing any trade.
Volatility Analysis
That is how a complete volatility analysis should look.
At the moment, volatility reached extreme levels on CADJPY pair.
The best strategy will be to wait till it returns within the range.
Remember This
With the current geopolitical uncertainty and trade wars, market volatility reaches the extreme levels.
Such a volatility is very dangerous , especially for newbie traders.
Historical volatility technical indicator will help you to easily spot the best period for trading and the moment when it is better to stay away.
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About the chart that shows a sideways movement...
Hello, traders.
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Have a nice day today.
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When you study charts, you will realize how difficult it is to move sideways.
Therefore, depending on how long the sideways movement was before the big wave, the size of the wave is also predicted.
However, in the charts showing sideways movement, the price range and wave size are often known after the wave appears.
This shows that the location of the sideways movement and the size of the sideways wave are important.
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Looking at the chart above, we can say that it is showing a sideways movement.
However, since the price is located at the lowest price range, it is better to exclude this chart.
The reason is that if it is showing a sideways movement at the lowest price range, it is likely that the trading volume has decreased significantly due to being excluded from the market.
This is because it is likely to take a long time to turn into an upward trend in this state.
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Looking at the chart above, the price is showing a sideways movement while maintaining a certain interval after rising.
The sideways movement is about 31%, so it may be ambiguous to say that it is actually sideways.
However, if the price moves sideways while maintaining a certain interval after rising, it means that someone is trying to maintain the price.
Therefore, when it shows a movement that breaks through the sideways section, it should be considered that there is a possibility that a large wave will occur.
The wave can be either upward or downward.
Therefore, it is necessary to be careful not to jump into a purchase with the idea that it will definitely rise in the future just because it moves sideways.
A box section is set at both ends of the sideways section.
Therefore, it is recommended to proceed with a purchase in installments when it shows support after entering this box section.
In other words, it is important to check the support in the 1.5-1.9669 section or the 25641-2.6013 section.
You can see that the HA-Low indicator and the HA-High indicator are converging.
Therefore, if this convergence is broken, it is expected that a trend will be formed.
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Like this, you should measure the price position of the sideways movement and the width of the sideways movement well and think in advance about whether to proceed with the transaction when it deviates from that range.
Otherwise, if you start trading after the wave has already started, you may end up giving up the transaction because you cannot overcome the wave.
Since it is not known when the movement will start once the sideways movement starts, individual investors easily get tired.
Therefore, when the coin (token) you want to trade shows a sideways movement, it is recommended to increase the number of coins (tokens) corresponding to the profit while conducting short-term trading (day trading).
If you do this, you will naturally be able to see how the sideways waves change, and you will be able to hold out until a big wave starts.
I think there are quite a few people who are not familiar with day trading and say they will buy at once when the wave starts.
If you can hold out well against the wave, you will get good results, but there is a possibility that the trade will fail 7-8 times out of 10, so if possible, it is good to get used to the feeling by day trading coins (tokens) that show this sideways pattern.
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Thank you for reading to the end.
I hope you have a successful trade.
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