Hey traders, Today I wanted to dive into exit strategies. A lot of you will already have a very clear understanding of what an exit strategy is and how you usually go about it. Most of you are probably automatically thinking of stop losses and take profits, which is fair enough. Today however, I wanted to dive into some more advanced techniques. I want to have a...
EFC REVERSAL INDICATOR Shows Long/Short ENTRY Signal Shows Long/Short EXIT Signal
Hey Traders 👋 Today I wanted to share with you a quick lesson that has helped me with knowing exactly when to enter and exit trades.... First: Add the 4 and 10 period moving averages to your chart Second: When the trend begins let your profits ride until either A) A Candle closed above or below the 10 moving average (you could close early, but its the most...
OSCAR Oscillator by GenZai Green line is the Oscar Rough Red line is the Oscar By default based on the 8 last candles and smoothed using RMA Purple line is the Slow Oscar By default based on the 16 last candles and smoothed using WMA HOW TO USE Exit signaling This indicator can be used as an exit indicator when line cross each other. Entry...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...