BUY, SELL, with Waves PART 1 Tutorial
Updated
30Min TF formula. Buy, Sell, and wave settings work with 30min TF for best results.
1. Wait for Buy
2. After the Buy label, the green Wave Confirms Entry BUY Above the orange and yellow waves.
3. Follow the green wave with candlesticks
4. Wait for the green wave to move underneath the orange and yellow waves to confirm by exiting the trade.
You may get a Sell signal before the green wave falls beneath the yellow and the orange waves. Does not mean you should exit (up to you) but I'll take the sell signal label as guidance knowing the green wave will fall beneath the orange and the yellow waves soon or the green wave will reverse.
Just like the buying signal, doesn't mean I should buy when the buying label appears but I should wait until the green wave moves above the yellow and the orange wave.
Anything else I might have missed, I'm not responsible. Backtest it, and do your research. This is not intended for financial advice. Agreeing to use this tutorial strategy, means you are solely making your own decisions to enter and exit a trade. You also agree not to hold me responsible in case of financial loss.
The Buy, Sell, and Waves have specific settings to make it work. I'm only sharing input settings for those who request along with indicator names. I'll private message you with them.
Any trader making changes to these two indicators must know, that trading is a risk and profits are not guaranteed. Nothing in trading is 100% guaranteed to win.
1. Wait for Buy
2. After the Buy label, the green Wave Confirms Entry BUY Above the orange and yellow waves.
3. Follow the green wave with candlesticks
4. Wait for the green wave to move underneath the orange and yellow waves to confirm by exiting the trade.
You may get a Sell signal before the green wave falls beneath the yellow and the orange waves. Does not mean you should exit (up to you) but I'll take the sell signal label as guidance knowing the green wave will fall beneath the orange and the yellow waves soon or the green wave will reverse.
Just like the buying signal, doesn't mean I should buy when the buying label appears but I should wait until the green wave moves above the yellow and the orange wave.
Anything else I might have missed, I'm not responsible. Backtest it, and do your research. This is not intended for financial advice. Agreeing to use this tutorial strategy, means you are solely making your own decisions to enter and exit a trade. You also agree not to hold me responsible in case of financial loss.
The Buy, Sell, and Waves have specific settings to make it work. I'm only sharing input settings for those who request along with indicator names. I'll private message you with them.
Any trader making changes to these two indicators must know, that trading is a risk and profits are not guaranteed. Nothing in trading is 100% guaranteed to win.
Note
Adding buy and sell signal to part 1 Note
Note
30 min TF, using this strategy, we would think to sell as of now but there is no sells label on a 30min TF, if there was a sells label then green plot must also be underneath yellow and orange plots. It’s important for me to stick to 30mi. TF and work its process.
4hr TF is different, I don’t have to explain for 4hr TF, instructions are there.
Note
This idea called BUY sell with waves, I will make a true example by making an idea of what took place yesterday and today, if traders followed this two indicators with my custom settings, they would not have sold yesterday even when BTC went down on a huge dip to -3.00%. Before the dip, 30min TF had given a BUY label but even after it dipped near 2k there’s was still no sell label, as I’m snooping at it, the green plot has made the curve moving up, green plot never went beneath the orange and the yellow plot waves. This helped those traders remain in the trade and now are about to get a nice bull run next. I’m sure while they stuck to my custom trade many other traders panicked and sold for losses in other parts of this world.
This strategy, as I’ve back tested, puts a trader at a 95% win rate.
You’ll almost never see a sell label unless you have first made a good profit before exiting.
Note
I have an update. I'm adding an OSCILLATOR to buy and sell to strategy. This will help avoid getting trapped after entering a trade. I'm creating a new idea to show example
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