TradingWhale - Long/Short Entry/Exit Optimizer (premium)
© TradingWhale trading indicators, individually and in combination, are designed to have the following features:
- Minimizing the ‘noise’ of normal price fluctuations of the underlying securities and exposing their natural oscillations and patterns while still providing quick response time at the edge of trend reversals.
-Providing accurate signals for trend-reversals before they happen so traders can maximize profit and reduce risk. To be fully transparent, this can’t always be achieved for every ticker and every time frame.
-Optimizing entry and exit for both long and short positions and thus improving the risk/reward ratio of the trade. We strongly believe in buying into weakness and selling into strength at the point of trend reversal, so we designed indicators with that goal in mind. We urge our users not to underestimate the impact this strategy can have on trading results. It is even more important when trading options and other highly leveraged instruments.
Btw, we would never ask our users to use our indicators with esoteric chart types such as Heikin Ashi, Renko, Kagi, Point & Figure, and Range, which produce unrealistic results. We prefer candles with no wick. Also see our disclaimer at the bottom.
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Long & Short Entry Optimizer
Our users love this trading algorithm. It helps identify optimal points of entry for both long and short positions. It can also be used to find the best exits. Of course it shows trend divergences and reversals really well. Combined with our proprietary signal line algorithm (not an EMA) it helps find optimal points of entry. This is a must-have for any options trader.
Benefits
- Super fast indicator with high accuracy and combined with our proprietary signal line (not a moving average)
- Easily see and capitalize on trend divergences and reversals
- Increase your profit potential by identifying the right candles to buy into weakness for beginning bull trends and buy into strength for beginning bear trends
- Allows for tighter stop-losses (due to buying into weakness and selling into strength)
- Excellent for assessing trend health in one view
- Works for all timeframes
Signals
- Reversal of the signal curve (direction and color change)
- The trendline getting very close to the signal line (blue/red area becomes very thin) is a signal to take some profit or exit the position, based on your risk-appetite and chart time frame.
- A short signal occurs when the trend line breaks below the signal line and reverses back up against the signal line without crossing it significantly.
- A long signal occurs when the trend line breaks above the signal line and reverses back below against the signal line without crossing it significantly. For best results the signal line should be around the lowest dashed line, or higher.
Extra benefit
We believe this indicator is ideal to help long-term investors preserve capital and reduce risk by pinpointing market tops and upcoming downturns or bear markets.
It can also be used for short-selling and deleveraging / buying protection. We recommend using the 3-month, 1-month and weekly charts for investment horizons of 6 months or longer.
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A friendly word of advice / Disclaimer
Successful trading requires more than professional indicators. It requires things like knowledge, discipline and constant learning, having a plan and executing accordingly. It requires risk management (ie. setting stop losses), position-sizing and many other things being properly managed. That is to say, no indicator in the world can by itself make you a successful trader or investor, just like an great kitchen knife doesn’t make you a chef and a Formula 1 car doesn’t make you a professional race driver. What our indicators can do is provide you with the context to better understand market patterns and use them to make high-probability trades confidently.
For those new to trading or technical analysis, we always recommend a demo account until you feel confident in using our indicators.
- Minimizing the ‘noise’ of normal price fluctuations of the underlying securities and exposing their natural oscillations and patterns while still providing quick response time at the edge of trend reversals.
-Providing accurate signals for trend-reversals before they happen so traders can maximize profit and reduce risk. To be fully transparent, this can’t always be achieved for every ticker and every time frame.
-Optimizing entry and exit for both long and short positions and thus improving the risk/reward ratio of the trade. We strongly believe in buying into weakness and selling into strength at the point of trend reversal, so we designed indicators with that goal in mind. We urge our users not to underestimate the impact this strategy can have on trading results. It is even more important when trading options and other highly leveraged instruments.
Btw, we would never ask our users to use our indicators with esoteric chart types such as Heikin Ashi, Renko, Kagi, Point & Figure, and Range, which produce unrealistic results. We prefer candles with no wick. Also see our disclaimer at the bottom.
-----
Long & Short Entry Optimizer
Our users love this trading algorithm. It helps identify optimal points of entry for both long and short positions. It can also be used to find the best exits. Of course it shows trend divergences and reversals really well. Combined with our proprietary signal line algorithm (not an EMA) it helps find optimal points of entry. This is a must-have for any options trader.
Benefits
- Super fast indicator with high accuracy and combined with our proprietary signal line (not a moving average)
- Easily see and capitalize on trend divergences and reversals
- Increase your profit potential by identifying the right candles to buy into weakness for beginning bull trends and buy into strength for beginning bear trends
- Allows for tighter stop-losses (due to buying into weakness and selling into strength)
- Excellent for assessing trend health in one view
- Works for all timeframes
Signals
- Reversal of the signal curve (direction and color change)
- The trendline getting very close to the signal line (blue/red area becomes very thin) is a signal to take some profit or exit the position, based on your risk-appetite and chart time frame.
- A short signal occurs when the trend line breaks below the signal line and reverses back up against the signal line without crossing it significantly.
- A long signal occurs when the trend line breaks above the signal line and reverses back below against the signal line without crossing it significantly. For best results the signal line should be around the lowest dashed line, or higher.
Extra benefit
We believe this indicator is ideal to help long-term investors preserve capital and reduce risk by pinpointing market tops and upcoming downturns or bear markets.
It can also be used for short-selling and deleveraging / buying protection. We recommend using the 3-month, 1-month and weekly charts for investment horizons of 6 months or longer.
-----
A friendly word of advice / Disclaimer
Successful trading requires more than professional indicators. It requires things like knowledge, discipline and constant learning, having a plan and executing accordingly. It requires risk management (ie. setting stop losses), position-sizing and many other things being properly managed. That is to say, no indicator in the world can by itself make you a successful trader or investor, just like an great kitchen knife doesn’t make you a chef and a Formula 1 car doesn’t make you a professional race driver. What our indicators can do is provide you with the context to better understand market patterns and use them to make high-probability trades confidently.
For those new to trading or technical analysis, we always recommend a demo account until you feel confident in using our indicators.
Release Notes:
- added predefined alerts
Release Notes:
Adjusted base settings
Release Notes:
base settings adjustments
Release Notes:
changed screenshot
TradingWhale 'invite-only' indicator, signal and strategy scripts are available on www.tradingwhale.io. We offer a 7-day free trial on all subscriptions.