Plan your trade. Set Entry and Exit point. Secure Profit. Greed is Good, "BUT", Always trade according to your plan.
can i add anything else for more better trading and also what can i use for perfect exit
A broken trendline is a technical signal that can suggest a change in trend is at hand. If low volume (rather than high volume) accompanies the break of a trendline, the signal is not as strong or convincing. It can make sense to wait a day or two to make sure that the trendline break is legitimate. A pullback is a pause or moderate drop in a stock or commodities...
Eventually the big descending wedge broke ; I marked the important points in the chart. But we have to give the chart some time to make its pattern and we can make a more logical decision with its help. What is clear now is the breaking of the descending wedge. Here the best strategist is the outflow of capital in the Pullback area. Depending on the price...
Hello everyone, In my last post I've provided an update regarding Relative Strength Index (RSI) and how two overbought signals on monthly chart can be used for exit strategy in cryptos, especially Bitcoin. As you can see at the bottom of the new chart, we are quickly approaching the first RSI bubble and value of the RSI is already around 91 points (1st April...
Big Three Sub-Chart Indicator turned Green after the Day Candle Closed for an Entry Signal. Big Three Sub-Chart Indicator shows a Long Entry Signal when the Sub-Chart Bar turned Green after the Day Candle Closed. Big Three Indicator shows a Long Entry Signal when the Big 3 Indicator background turned Green after the Day Candle Closed Entered Long Trade at Daily...
Always have exit rules in your system to know when to grab profits and run. Read chart info!!
So I am going to breakdown an indicator that I have featured alot in my trades, so if we look at the crude oil chart here, we can see that in total we have 5 notable crosses of the rvi indicator, 3 bearish trades and 2 bullish trades for a total of 510 pips, 5 winners out of 5. Now the magic of the indicator is that it is both an entry signal and an exit signal,...
I plan to place my bets that we are in the beginning of a parabolic rise of the BTCUSD asset. Lets sketch a trading plan. The trading plan needs to address the following : 1) When to enter. (just happened I placed the first entry at about $9,300) 2) When to take profits (just happened I took some already at $11,100) 3) When to re-enter, or to add to the position...
OSCAR Oscillator by GenZai HOW TO USE This indicator can be used as an exit indicator when line cross each other. Please don’t hesitate to comment to tell us how you use it. Data used to create the indicator: I’ve created this indicator using the formula given in this PDF given by Jim4x www.forexfactory.com SCRIPT:
Thank you for your likes! Much appreciated! Please also share to benefit to the community. ________________________________________________________________________ After a long run down, we notice that the TVIX is suddenly running in the opposite direction. Huge volumes are present now . Possibility of a live observation of the end of the uptrend. Prepare to...
Short Trade Step 1 Assume Entry on middle of 2nd bearish candle Step 2 Assume Exit on middle of Reversal bullish candle Result 100 pips Long Trade Step 1 Assume Entry on middle of 2nd bullish candle Step 2 Assume Exit on middle of Reversal bearish candle Result 60 pips
Install Parabolic SAR Indicator onto your chart Change settings to this: SAR Settings Input Start 0.01 Increment 0.01 Style Color Orange Width #2 Current chart is in a long trade as price broke above resistance level Use SAR symbols as an Exit Signal EXIT when Price either 1 Touches SAR symbol or 2 Price closes below SAR symbol ...
Bitcoin Indicator used on all markets and time frames Bitcoin Indicator shows entry signal, take profit and has a trailing stop loss
EFC Indicator is a reversal tool based on RSI 80/20 EFC Indicator show Entry, Exit & SL You can adjust your risk reward ratio
Step 1 Add RSI to chart Change RSI period setting to 2 Change RSI levels to 5 & 95 Step 2 Sell when the 2-period RSI indicator crosses above the overbought 95 level or Buy when the 2-period RSI indicator crosses below the oversold 5 level. Step 3 Find appropriate SL Step 4 Take Profit when the 2-period RSI indicator crosses Sell-below...
Traders Dynamic Index Strategy Entry Rules 1- Red Line break above Yellow Line 2- Green Line break above Yellow Line 3- Neither Line break above Blue Line 4- Buy when Green Line close above Yellow Line 5- SL below SwgLow or 1,5xATR (min 10 pips) 6- TP when Red & Green cross below 70 level
5 Candle Indicator will paint a green column t indicate a long trade is being setup 5 Candle Indicator will show Buy Entry Signal Red line below price is an adjusting SL 5 Candle Indicator will show an Exit Signal Or Exit when green line falls below red line