How To Know When To Buy and Sell
Updated
Guys, it's really as easy as 123. I've finally cracked it. Let me explain.
First off, add 3 indicators to your chart:
I've labeled on the chart what you need to look out for. It's 3 things.
1. Candles clearly cross the UMA in either direction.
2. Purple Blue Cross of UMA (as indicated by the orange arrow)
3. Strong Purple Blue Flip (as indicated by the orange arrow)
Notice that the lines completely flip during bullish and bearish tendencies. If the lines don't line up properly, it's not a clear signal.
And that's really it!
First off, add 3 indicators to your chart:
- CM_Ultimate_MA_MTF (Green/Red line)
- Moving Average Exponential (EMA 9, close)
- SMMA (7, close)
I've labeled on the chart what you need to look out for. It's 3 things.
1. Candles clearly cross the UMA in either direction.
2. Purple Blue Cross of UMA (as indicated by the orange arrow)
3. Strong Purple Blue Flip (as indicated by the orange arrow)
Notice that the lines completely flip during bullish and bearish tendencies. If the lines don't line up properly, it's not a clear signal.
And that's really it!
Note
I have found that this works best on the 1 hour time frame.Note
The second thing I've noticed about this strategy is that the strength of the momentum is based on how far these 'bands' or moving averages are apart from one another. When they are close, the signal is weaker. When they are farther apart, the signal is stronger. You can also use the TTM Squeeze, and look for red dots to see when it's about to explode upward or downwards.
Note
Sometimes, you may reach a "fake out" where these exact 1,2 and 3 conditions will happen but then the coin still went down. I did a little more analysis and then realized that if you wait for the second candle, that crosses the UMA to close above the previous candle, this is a final signal to use to make sure that it's a good buy.
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