BTC / Tether PERPETUAL FUTURESEducation
Instructions on how to potentially use the SIG[TP/SL (1H-4H-1D)]
It's a HF algorithm for the 1H,4H,1D Time-Frames. Which means whenever the instrument reaches the open price, the algo might give a lot of signals and sometimes it might give plenty of reverse signals. In order to use the specific algo in the best possible way, here's a helpful guide on how to potentially use it:
1)Wait for the instrument to reach the open price.
2) ALWAYS, Follow the signals, e.g: We are at the open price. If it indicates buy signal, then open a long position. If for example 5 seconds later (again at the open price) it indicates a sell signal, then reverse the long position into a short position, and keep doing it until it gives a signal, that will be followed by a good sized candle.
3) The safest way is to close the trade when the price reaches the potential TP1.
4) Happy Trading!
*The text above is not an investment advice, and it does not guarantee any profit.
1)Wait for the instrument to reach the open price.
2) ALWAYS, Follow the signals, e.g: We are at the open price. If it indicates buy signal, then open a long position. If for example 5 seconds later (again at the open price) it indicates a sell signal, then reverse the long position into a short position, and keep doing it until it gives a signal, that will be followed by a good sized candle.
3) The safest way is to close the trade when the price reaches the potential TP1.
4) Happy Trading!
*The text above is not an investment advice, and it does not guarantee any profit.
SIGNALGO
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SIGNALGO
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.