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Trade By Design Method

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The Trade By Design Method is a custom trading strategy developed by Trade Travel Chill. The method seeks to trade with the market makers instead of against them. The custom-designed indicator assists users in easily identifying key levels that are automatically plotted based on candle closes of the previous week, day, and intra-day levels instead of having to work these out manually, which would be required without the custom Trade By Design Indicator.

The PVSRA candles have a full overlay with the custom Trade By Design indicator, including candle bodies and wicks, which no other indicator does. This makes a huge difference to the user experience as candles are bolder and easier to identify. Combining the PVSRA candles with the 50, 200, and 800 EMAs gives users an edge to identify entry and exit targets.

The custom build market session times box is unique to the indicator. The market session times box shows the user which trading session is currently active, how long until the session ends, what the next trading session is and how long until it starts. No other indicator gives the user this information at their fingertips. Historically, users would need to remember the session times and then use world clock converters to calculate the session times to their local timezone manually. This is especially helpful with a global community and daylight savings.

The specifics of the custom levels, EMAs, and other functionality offered by the custom Trade By Design indicator, required for trading the Trade By Design System in the Crypto markets, are detailed below.
These Levels Include:
  • High & Low of the Week Level from the Week Prior (HOW/LOW) (5 pm Sunday to 5 pm Sunday New York)
  • High & Low of the Day from the Day Prior (HOD/LOD) (5 pm to 5 pm NY from the prior day/weekend )
  • Initial High & Initial Low of the Day from today's Asia Session (IHOD/ILOD)
  • 10EMA, 20EMA, 50EMA,200 EMA and 800 EMA - These EMA's can be used as key entry points or key trade targets for various trade setups coupled with above levels provide strong resistance and support levels.


The Indicator also displays triggers for the Possible Brinks Trade which occurs on the 3:30-3:45 and 930-945 Candle on the 15-minute Chart (They take the form of a Hammer/Inverted Hammer or railway tracks to identify these)

PVSRA
Price, Volume, Support and Resistance Analysis (PVSRA) - Identifies candles with 150% or 200% of the average volume over the last 10 Candles and overlays these with Red, Green, Magenta or Blue candles. This helps traders identify abnormal volume spikes, which may hint at market-maker activity.

The indicator also flags candles that cross the 200 EMA, a potential reversal signal in the Trade By Design Method.

The indicators display settings are also configurable, allowing the traders to hide/show components that they use from the System.

Inbuilt alerts include crossing any of the levels mentioned above.
Release Notes
Back Test Mode - Now you can view all the levels in replay mode when doing backtesting - NEW
50% Asia Line - NEW
50% HLOW Line - NEW
50% HLOD Line - NEW
Slimline Market Session Info Window option - NEW
Tooltips on all level labels show value of level - NEW
Level Display in the Scale - All levels are now displayed in the scale so that you can immediately identify what the level is - NEW
Ability to extend all line to to the End of the Day - NEW
Introduction of the US Settle (4:45-5pm US Friday Candle) - NEW

Asia Range - ILOD/IHOD
Ability to exclude the DGZ from the calculation of the IHOD/ILOD - NEW
Ability to extend the display of the ILOD/IHOD lines across UK and US sessions - NEW
ILOD/IHOD Percentage Calculation /Display on the IHOD/ILOD Labels - NEW
Ability to stop the calculation of the ILOD/IHOD earlier in the day incase the extension occurred earlier than normal - NEW
Ability to display the 50% Asia Line from the start of the Extension Time - NEW

LOD/HOD Calculation
Monday's LOD/HOD takes into account the entire weekend range - NEW

Available Alerts - Set and Forget - NEW
Initial IHOD OR ILOD Crossed (IHOD/ILOD) - NEW
ILOD - Crossed
IHOD - Crossed
Todays HOD OR LOD Crossed - NEW
LOD - Crossed
HOD - Crossed
Weeks HOW OR LOW Crossed - NEW
HOW - Crossed
LOW - Crossed
50% Asia Line Crossed - NEW
50% HLOW Line Crossed - NEW
50% HLOD Line Crossed - NEW
PVSRA - Vector Candle Detected - NOTE - The PVSRA Candles Indicator has granularity on RED/BLUE,GREEN,Magenta - NEW
Crossing the 50 Ema and is a Vector - NEW
Crossing 50 ema
Crossing 200 ema
Crossing 800 ema

PVSRA
Automatically Derive the Binance Perp pair to override volume profile enabling to switch between symbols with ease - If the Binance Perp pair doesn't exit it will use the volume of the chart. - NEW
Enhancements to the PVSRA Calculation

Unrecovered Vectors - Locked to a Timeframe
Ability to identify Unrecovered vectors FIXED TO A TIMEFRAME above and below price. This is configurable according to your preference - NEW

FOREX (BETA)
The indicator now can be applied to Forex/Fiat pairs (BETA) - NEW

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.