First analyze weekly and daily looking for supports, resistances, patterns, , and so on, just to have the idea about direction and borders.
If we have a good idea abou the market direction let's go to look for some opportunities in that direction with TATARI.
Time frame 4H: find a signal to open postion, at the same direction of Week and Day.
Time frame 1H: we open the position accordin to the 4H signal.
( regular strategy so far).
Let's have a look how TATARI works.
Uptrend starts with blue and green crosses, doesn't matter if green or blu. If the first cross is blue open the position the candle after the green cross. If the first is a green cross open the first candle after the blue cross.
Downtrend starts with blue and red cross, doesn't matter if first blu or red.
Open when the trend starts and use as stop loss the green line for uptrend or the red line for downtrend.
When the silver spots appear there is a supertrend, it's time to move SL to the last swing.
Close the position when a new blue cross appears and the following cross is the other color you used to open the position. ( Usually SL is already hit)
The gray areas are for lateral market, feel free to use stoc . and BB.
study(title="TATARI YEN", overlay=true) short = (ema(close, 9)) long = (ema(close, 26)) SL= (ema(close,40) + 0.09) plot((ema(close,40) - 0.09), color = green, linewidth = 2, title="SL long") plot(SL, color = red, linewidth =2 , title= "SL short") plot(cross(short, long) ? short : na, color = blue, style = cross, linewidth = 5, title="inversione") len = 14 lensig = 14 up = change(high) down = -change(low) trur = rma(tr, len) plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, len) / trur) minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, len) / trur) sum = plus + minus adx = 100 * rma(abs(plus - minus) / (sum == 0 ? 1 : sum), lensig) compra= adx>20 and plus>25 and minus<adx and plus>adx vendi= adx>20 and minus> 25 and plus<adx and minus>adx plot(compra>0 ? (ema(close,40) - 0.09) : na, color = green,style = cross, linewidth = 4, title = "compra") plot( vendi>0 ? SL :na, color=red,style = cross, linewidth = 4, title="vendi") plot( adx<20? (ema(close,40) - 0.09) : na, color=black, style=areabr, transp=80, title="BB & stoch") plot(adx>40 ? ema(close,40) : na, color = silver, style= circles, linewidth=4, title="TP" )