6 Back-to-Back Winning Trades Using Ellipse Price Action.6 Back-to-Back Winning Trades Using Ellipse Price Action Indicator (Crude Oil · 1H)
Ellipse Price Action Indicator captured 6 clean winning entries on MCX Crude Oil (1-Hour).
The system is simple:
✔ Indicator gives Buy/Sell Signal (Green/Red Triangle or Orange Arrow)
✔ Take entry only when price is outside the Ellipse boundary
✔ Exit strictly at the Moving Average (MA)
✔ Never trade in the middle zone or when price is sitting on the MA
✔ Follow stop loss at opposite side of the ellipse
Trade-by-Trade Breakdown
1.🔻 Signal-1 → Short Entry → WIN
Indicator gave Short Signal-1 at ellipse top
Price dropped smoothly
Take Profit at MA for Trade-1
✔ Clean reversal trade
2.🟢 Signal-2 → Long Entry → WIN
Oversold conditions + indicator gave Long Signal-2
Strong bounce from lower ellipse
Exit at Moving Average for trade-2
✔ System worked beautifully — TP hit immediately
3.🟢 Signal-3 → Long Entry → WIN
Price again touched lower ellipse
Indicator gave Long Signal-3
Clean breakout candle
Take Profit at MA for trade-3
✔ Another textbook reversal
4.🟢 Signal-4 → Long Entry → WIN
Third buying zone from ellipse bottom
Long Signal-4 triggered
Strong continuation move
Take Profit at MA for trade-4
✔ Perfect bounce-to-MA setup
5. 🔻 Signal-5 → Short Entry → WIN
Price rejected exactly at upper ellipse boundary
Indicator gave Short Signal-5
Trend followed down toward MA
Take Profit at MA for trade -5
✔ High-probability entry in sell zone
6. 🔻 Signal-6 → Short Entry → WIN
Compression high + overbought zone
Short Signal-6 activated
Smooth drop
Take Profit at MA for trade-6
✔ Final clean short as per system rules
4️⃣ BEST ENTRY ZONES
Long at Lower Ellipse Boundary
Short at Upper Ellipse Boundary
Avoid central zone completely
2️⃣ EXIT RULE (VERY IMPORTANT)
✔ Exit 100% of the trade at the Moving Average
This rule alone protects profits and avoids reversals.
5️⃣ RISK MANAGEMENT
0.5–1% risk per trade
Never add positions in the middle zone
Trade only clear signals with confirmed direction
🔥 Why This Indicator Works So Well
Your screenshot demonstrates:
✔ Automatic reversal detection
✔ Early trend shifts
✔ Compression + expansion zones
✔ Perfect MA exits
✔ No repainting structure
✔ High-probability entries at ellipse extremes
📌 FINAL POST CAPTION (Copy–Paste for TradingView)
"6 Winning Trades in a Row — Ellipse Price Action Indicator (Crude Oil 1H).
Buy/Sell Signals only at boundaries. Strict exit at MA.
Zero trades in middle zone → Zero noise → Maximum accuracy."
(Follow and Boost Script and Idea) MCX:CRUDEOILM1!
