B&S v3.4This is the new version of the indicator for the "B&S" strategy.
VERSION: B&S v3.4
We will explain how using our trading strategy developed by one of our programs and traders at DCA works.
HOW IT WORKS:
The "B&S" strategy uses RMA which is the same moving average used by the RSI, as they cross they give us an entry signal, be it a buy or sell, as the entry signal the script will color as bars according to the signal.
When an ORANGE candle appears, it indicates a large buy volume and when a PURPLE candle appears it indicates a lot of sales volume.
T⇡ or T⇣ indicates a long-term trend reversal.
DASHBOARD:
Our dashboard indicates the volatility of the traded asset, the short-term trend and the trade signal.
HOW TO USE:
If the trader is trading any asset in UP trend it is good to avoid SELL signals, but not mandatory, because if this SELL signal is accompanied by a STRONG SELL with purple candles then it indicates that the market makers (MARKET MAKERS) are "pushing" the price a little higher for the net positions of Retail Traders or other MM. This applies to downtrend.
Configure according to your trading strategy.
Financial markets are uncertain and information with the country's policy, so it is always good before any entry to analyze the market to understand what is happening with the traded asset.
Datacryptoanalytics
B&S v3.2This strategy uses RMA, Moving Average used in RSI , to create the buy and sell signals. It is the exponentially weighted moving average with alpha = 1/length.
IT SHOWS ON THE GRAPH:
Buy: Long position.
Sell: Short position.
V ⇣: Institutional volume .
V ⇡: Institutional volume .
T ⇣: Downtrend.
T ⇡: Uptrend.
Volume (V ⇣/V ⇡) when Market Makers moving smart money.
When 200SMA is above 100SMA (T ⇡) 200SMA is below 100SMA (T ⇣)
HOW TO USE?
If you are trading any asset that is in an uptrend, avoid shorting until the sign (T ⇣) appears followed by the Institutional Volume signal (V ⇣) indicating reversion.
If you are trading any asset that is in a downtrend, avoid long positions until the signal (T ⇡) appears followed by the Institutional Volume signal (V ⇡) indicating reversal.
For long operations use "🕗 360" setting for Daily timeframe.
For Day Trade use "🕗 30" for 1 hour or 30 minutes timeframe.
