GoldenCO Aie3
Use of GCOv3 strategy for market analysis
This gco3 strategy uses exponential moving average analysis which is 5emas to show the movement of stock prices in the market. It is also to track the impending changes to the market price. the use of EMA is more sensitive to trend changes and it is one way to see the trend of price movements and as a guide to the trader.
The parameters used are EMA5/EMA20/EMA50/EMA100/EMA200.
The above parameters indicate a price condition that includes 4 phases of the price trend, namely the accumulation, uptrend, distribution, and ddowntrend phases.
we hope that, by recognizing and knowing the trend of this price movement it can help traders in trading activities well and can reduce risk. May it benefit the trader.
DISCLAIMER ; This is not Buy/Sell call, Just analysis idea for education. Trade At Your Own Risk
This gco3 strategy uses exponential moving average analysis which is 5emas to show the movement of stock prices in the market. It is also to track the impending changes to the market price. the use of EMA is more sensitive to trend changes and it is one way to see the trend of price movements and as a guide to the trader.
The parameters used are EMA5/EMA20/EMA50/EMA100/EMA200.
The above parameters indicate a price condition that includes 4 phases of the price trend, namely the accumulation, uptrend, distribution, and ddowntrend phases.
we hope that, by recognizing and knowing the trend of this price movement it can help traders in trading activities well and can reduce risk. May it benefit the trader.
DISCLAIMER ; This is not Buy/Sell call, Just analysis idea for education. Trade At Your Own Risk
Release Notes:
AN UPGRADING OF THE INSTRUMENT AND ALERT CONDITION.
INSTRUMENT>
1) Bar colored- to define a trend whether bullish(green) or bearish(red).
2) Background- blue color=price above ema20, red color=price below ema20.
3) The B lime signal has been updated with parameters that are ema5 cross over ema50. it is to get a strong signal for the trend.
ALERT CONDITION>
Now traders can create alerts for conditions in the setting. You can select the types of conditions and where notifications will be sent.
INSTRUMENT>
1) Bar colored- to define a trend whether bullish(green) or bearish(red).
2) Background- blue color=price above ema20, red color=price below ema20.
3) The B lime signal has been updated with parameters that are ema5 cross over ema50. it is to get a strong signal for the trend.
ALERT CONDITION>
Now traders can create alerts for conditions in the setting. You can select the types of conditions and where notifications will be sent.