(ETH) ethereumcustom indicator that seems to predate the price of cryptocurrency. right now the indicator line is doing nothing. will the line increase before the price does? the image also looks like its flipped horizontally. is the past now? what if the entire cycle of ethereum has already happened and we just don't know it yet? Like, what if ethereum as a computer system already knows what's going to happen so the price chart is a discovery of what is already known.
*same as the previous BTC chart for reference to compare the two.
Customindicator
(BTC) bitcoinnot sure what I created here; the indicator line shows slope information that leads before the price increases in the future. may have something to do with the halving and reduction in BTC. the green line decreases as the price grows in the same way a previous chart prices look smaller as the price reaches higher. the only difference here is that the graph lines are happening before the price of BTC peaks, odd. ...now I have to wait to see if the indicator line changes dramatically ahead of the price of BTC...
100% profitable strategy to find lows of the marketIt all starts with the basics, SUPPORT.
My theory is, in order to find a bottom in this bear market, we must reach an area of support that has never been tested before.
I'm using the high timeframe of 12M on SPX for example. How I determine a pivot low (or support) is a 3-candle pattern. The middle candle being lower than the one before and after it is the pivot low. (green lines)
Every time a candle falls down through a pivot low that has not been touched, you will see the 'Untested Low' buy signal on the open of the next candle. If you were to buy on the candle of the signal, it will either be the next pivot low or the candle after it, meaning this would be a profitable buy! You can even go down to lower timeframe to confirm entry with the same strategy.
This untested low signal is what I will be looking for to indicate a long term buying entry in this current market.
** LINES AND SIGNALS CREATED BY THE HAZEL HERITAGE STRATEGY **
GOLD MTF Wave stochastic example for trend reverseSometimes you don't need to count all of the Elliott Waves and pinpointing where the last Impulse started is enough to located the proper Time frame to look for that wave ending on the MTF. in this case the 1 month chart was the relative Time frame for the last impulse upwards (see where I wrote MTF stoch wave start) and you can see that from the Stoch being oversold on all time frames. then notice how the green (HTF) starts curving down at the end with a tap from blue and gray as a potential local top to exit at.. this is often all you need to trade a simple wave without too much complication. Please do not hesitate to ask any questions
MTF Wave Stochastic RSI full wave example JASMY/USDTA good example for a full MTF Wave Stoch RSI full wave on the 12h time frame with clear entry and exit on the MTF. Although it is an old PA for JASMY, I find this one of the best case studies on how to read the Stoch waves on the MTF for precision entries, from which we can learn from. Don't hesitate to ask if you have any questions!
ADX-DI - how to tune and upgrade a TV indicator Starting from an inbuilt indicator, I played with the options available to get a personal and upgraded indicator.
The idea is to use the power of the indicator and customize it to get a more visual result.
I've played with the settings to make it more sensitive ..
Added a MA for each Di lines ..
Played with the layers to make it more visual ..
From there we can think about a few strategies to make the indicator useful.
“How To” Video Overview of Indicator “CM_MACD_Ult_MTF_V2”Hello TradingView!!!
-Video Posted on 07-28-2021-
This video is a detailed video overview of the CM MACD Custom Indicator - Multiple Time Frame - V2 Release.
I will post the link to the Indicator within a few minutes after this video goes live on TradingView either in the Link to Related Ideas below, or I'll post a comment below with the link.
Thanks for you patience.
I'm so excited to be back. Please Post and feature requests for this indicator below.
NZDCAD might need a little more timeNZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment.
This currency pair need some more proves before any trade entrace. It has potential upside and downise move.
If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish side has to break confidently, unless we'll close or take half profit and move Sl higher.
If downside move will continue overall bearish trending, then price has to break 0.90189 support level and retrace it on lower timeframe. While this trade will be entered, we are looking for first potential target at 0.89575 and second at 0.89053 where is based strong daily demand. Also daily whales will start looking at this spot.
If you want to trade also with our live trade $ shared set ups, you can join our free trading room and made free profit.
Stay cool but better educated
Elitefxacademy
You are still late for amazing short at USDCHFIn trading it is important to be patient because you can easily makes bad things. Wise versa, this trade has already began to start. In our first 4 hour candle, price broke down through very important resistance (previous* - elite traders knows).
Because price is keep falling down, it will be much smarter and wait for H4 CLOSING.
If closing will be strong, we don't need to wait for another retracement.
If closing of H4 breaking candle will left a shape of a wick, we will wait for another breaking, but now from lower timeframe.
Our potential targets are at: 0.90584 support level (testing buyers) and 0.90063 second stronger support level.
If you'd like to know more about entering decision spots, do not hesitate to join our trading room.
If you have any questions, you can ask us anywhere on social media. We likely to help every traders.
Good trading
Elitefxacademy
AUDJPY fall into range for trend decisionHello everyone
We are looking this trade on 4H idea for proving decision daily trend idea.
If sellers might break first support level, then we are going to follow reverse of this trend.
If sellers got denied, then we have to watch closely at neutral spot.
Neutral spot means possible shape of daily range. In this case, watch buyers behaviour and assess buyers momentum.
Do not forget how sellers try hard to turn overall trending*
We will be trading this pair with our custom indicator and share to all members in elite discussion room.
Good trading Elite traders
Elitefxacademy
HOW OUR BUY AND SELL STRATEGY WORKS!!!! MUST WATCH!Afternoon traders!
A lot of messages recently reagding the buy and sell strategy we use and how it works so i thought ill make a quick video for you all explaining how it works, what it does and how you can use it! hopefully this answers alot of your questions but dont hesistate to drop me a message if not. :)
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
Bitcoin weekly flow overviewMany investors and traders are still optimistic about bitcoin. But how positive are they while price have been stuck in consolidation from first of May till now. It is hard to be patient and I'm really sorry for many Hodlers, who are 100% sure that Bitcoin will continue bullish trend without any retracement. I honestly believe Bitcoin will continue bullish, once price will break through ''Sellers supply'' with such a volume that will stop sellers. After that we can still expect some kind of retracement but maybe not big one for some time.
As a trader I personaly like to see what's going on at the moment with price and where is our chance to take opportunity for buying more Bitcoin or melting them into USDT as a traditional trader or you can play it by leverage and follow shorts and longs once price will break important levels. Important level for taking short position is below 8860$ level. If buyers are able to stay positive for longs, we have to wait for price to break 9500$ resistance level and stay above for some time.
In case, sellers will continue then price will follow our expected targets; T1 short = *7200$, T2 short = *6500$, T3 short = *5500$
In case, buyers will continue then price will follow our expected targets; T1 long = *10500$.
Good to know:
10500$ resistance level is critical to buyers. Price got denied many times (from mid 2019 till now) and each retracement increased after by lenght and power.
EURNZD is expected to continue to lower targets, but when?EURNZD broke thorouh longterm channel on Daily timeframe. After this breaking method was not clear from retracement structure. It is hard to answer IF we got clear retracement to continue daily trend idea, so we are expecting for anouther breaking idea from Lower Low or sellers will test recent Lower Low and continue range movement by new retracement from daily channelling.
Stay tunned for upcoming analysis where we'll published our expected targets, so you can follow elitefxacademy predictions as your advantage.
If you want to learn more, do not hesitate to contact us.
Have fun trading with us
Elitefxacademy
Video explained by Martin Mohar
AUDJPY might be a good trend confirmationBuyers advantages:
strong volume
break out from channel
first trend sign
new strong support level
new higher high
Follow us for more and get fast updates when there is need for any kind of confirmation you need.
Thank you for listening
Check video explanation here
Elitefxacademy
USDCAD still bullishUSDCAD looks as potentian pair for buy on 4h timeframe. From yesterday we can see how strong momentum was reached from dollar side. To decide where this will continue, we have to reache few resistance levels, so we can decide where to go next.
Price is caught is range from daily perioud. This is very interesting for all elite traders. You can practice, learn and apply custom indicator on this one.
At the moment usdcad is showing strong momentum on H4 and daily timframe, but because last daily candle was not so strong, means that we can move forward slowly. Buyers continuation. Hope you set your SL on BE below support level.
If you decide to entry again, then wait for reaction at support level, if price get ther, and continue so squared spot, which is first target. Second target is at daily range, but we'll see how this will go on after reaching first target.
Good trading
Elitefxacademy
US oil has to test lower targetsUS OIL is headed to sign up for new higher low swing. Strong bearish momentum might follow targets if price can break below first support at 12.12 . If price can break this level, we can expect first target to 9.74 support level.
If 9.74 support level, will not be supportive as it should be from bullish side, then we can follow second target to 7.40 support level.
Because we have to have clear minds, for both sides, market is always able to changed while we don't have any breakings. If price is able to climb up above 14.11 resistance level, then buyers has to be really powerfull to continue forward, but first their test is at 15.47 reistance level.
At the moment we are looking for very strong and potential bearish continuation to lower targets as we mentioned.
Happy trading
Elitefxacademy
We are looking for USDCAD potential sellUsdcad is at the moment in bearsih flow, but first we have to fait proving break at 1.40312 support level. If price will prove maintaince below this support level, we can see strong potential bearish move to 1.38757 support level. (average spot support).
If price will deny for sell and climb up above 1.40000 new resistance level, then buyers has to maintain above and proving their move by momentum strenght.
Possible way is bearish trade idea.
Happy trading
Give us feedback, ask us and make some profit with us.
Happy trading,
Elitefxacademy
BTC on the way to retest buyers low or even crash forwardBitcoin is on the way to retest buyers low or even crash forward
Bitcoin slowly and lazy contunue its up move to sellers top resistance. Top resistance from sellers might crashed bitcoin hard to see how strong are buyers support levels.
We can assume this bearish power after bulls tried many times to break through higher high, but from buyers was just unconvenience for next shorterm bull run.
Buyers failure:
No new higher highs
lack of momentum
slow movement
fear
sellers power and increasing momentum
Let's see how strong are sellers.
First target is 5th touch from chennel
Second target is our signal
Lower targets, are possible
If you wanna be updated, click ''follow'' and always you can learn from us and make some profit.
(suggestion room provide even more potecial trades) trading view is just for cover and fun?
Wish you good trading
Elitefxacademy
Bitcoin at decision spot, listen whyWe are at very important zone where we will see if buyers are strong enough to continue next touch to bullish channeling or they will stopped and sellers will finnaly smashed them again and continue to following targets.
Follow description in video and targets in next analysis.
Elitefxacaedmy
SP500 to test lower support levelsSP500 is at very good testing level, where we can see how decision will end.
From the whole chart, buyers failed highs. Buyers are out of fuel, and probably stocks will go down, and test lower spots.
This flow is very tipical once it comes to crash. At SP500 buyers actually did very good bounce, but they can't grow confidantly after seeing strong crash on your chart.
Next phase for the market is see how strong will push sellers, so bearish momentum is important.
Secondly, how many holders will not give up, and where is next deep to defense position again from buyers mentality.
On the chart you can chack lower support level, which present targets on H4 chart.
Important! If crash will be too strong, then we can expect that market might crash even lower, especially because of fundamental reasons on what's going on in the world at the moment.
Follow us for more, we'll like to help everyone with our analysis. (To many drawing lines will confused you, so we want to make it simple for every investor and trader)
Elitefxacademy is trading everything on its own system based on number one strategy and custom indicator 2.0
Cheers
Ripple rejected important HighsRipple rejected important high, and sellers start increasing momnetum.
At the moment bulls try to defense support zone, but if there will not be any power, ripple will follow price action to lower supports.
One fact is that whole crypto market is collerated. If 'the Giant'' Bitcoin crash lower as we explained in previous analysis, then ripple will follow dumps
AUDCAD is good looking and strong buyAUDCAD is good looking and strong buy from momentum perspective. This currency pair is showing performance on 4 hour timeframe.
Pair did a good rebounce from previous week and price is not even close to resistance that has to retrace from it.
In analysis is explained only expcted flow by each target.
Video will be published on youtube for the same analysis
For exact and ''TAKE ACTION'' entry we have our custom indicator and is availible to everyone, but everyone who wanna see how we do this you can start following us directly
Cheers
Elitefxacademy