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OCEAN Protocol Trend ContinuationOCEAN Protocol currently exhibits the potential for a trend continuation of its bullish momentum, suggesting the possibility of further upward movement in the near term. The price action indicates ongoing buying pressure and positive market sentiment, indicating a potential continuation of the upward trend. Considering the potential trend continuation, a price target of $0.38 could be set for Ocean Protocol. This target represents the projected upside that could be achieved if the bullish trend persists. Looking forward to read your opinion about it.
OLong
by TopgOptions
3 Key Entry Rules to Boost Your Trading PerformanceToday I want to share with you this topic: the 3 Entry Rules to Boost Your Trading Performance. Over the 20,000 traders that we have coached over the time via conferences and talks we’ve done all over the world, we have found one of the challenges that traders have is that they find themselves locked into a trade and then being stopped out when they enter into trade. So their entries are not really optimized or they are not getting the right timing for their entries. Sometimes they come during a coaching session; they say ‘Thiru, I need some help with my entry.’ So this topic, the 3 Entry Rules, can actually help you optimize your entry and overall improve your strategy performance. This is what we’re going to be looking at today in this video. The first one is what we call “ Time Frame Correlation ,” the short form abbreviation TFC. In TFC one thing you do have to remember when you’re correlating the different time frames is that you’ve got to remember three times. Some of you may be wondering ‘What do you mean by three times?’ What I mean is that for example if you are an intra-day trader trading on a shorter time frame, like a one hour time frame, then you need to be looking at three time frames at least altogether, so the one hour and each of the time frames has to be three times the one that you are trading on, three times or four times. Now let me explain by way of an example: If you are trading on a one hour time frame, then we are looking at maybe three to four hours (1 x 4 = 4 hours) and then after that, you want four times that, approximately that is a daily time frame, 16 hours is a daily time frame. What we’re looking at is to correlate the times frames before we take the trade. We are usually looking at three time frames and each time frame is three times each other. For example, if you are an end of day trader and you want to enter your position onto a four hour time frame then you can start to look at daily time frame and then three to four times that would be a weekly time frame as well that you’re looking at. Let me explain why this is important. For example, imagine this – you would have probably experienced this – in a one hour time frame it looks like it’s going down and you are thinking it is looking like a very good short sell as the direction is going further down. You put your entry over here and let’s say you put your stop loss over here and you’re good to go. Let’s say your target is somewhere around there. In the next hour the trade then triggers you in and starts to go towards your target, everything is well and rosy. You are happy, you’re in profit and you are thinking ‘it is only a matter of time before I reach my target.’ Then what happens? You know the usual thing, you would have experienced it if you have traded or if you are trading at the moment as well, it will start to reverse and where your stop loss is – let’s say other traders have their stop loss here as well – suddenly the market reverses and shoots up and takes up all the stops. I’m sure you have experienced this. Now why does that happen? It is because, if you imagine this is the one hour time frame, if you didn’t correlate between the other time frames – the four hour and the daily time frame – and let’s say the four hour and the daily time frame are in an up-trend, if that is the case, then what happens is that the orders that are inside the daily time frame are being filled by the brokers and therefore the market is reversing to fill them up on a higher time frame. This is what is happening and this is why sometimes you get these sharp reversal moves in the market. It is very critical that you correlate the time frames before you start to take your position on the one hour time frame. In fact, in the last live trading we did where we were teaching a strategy that we called “stops to cash,” what we usually do is we take contrarian move on a one hour time frame where it looks like a perfect short, where beginners and even intermediates are getting into short position, but we are looking at a contrarian position in terms of the one hour time frame but when you align it to the higher time frames, it’s just in line with the trend. That’s all we’re doing here. What we’re saying is when everybody’s stops are being taken out, we are actually converting it to cash according to this time frame correlation. I believe that concept is well clear and nice now. Definitely do consider putting that into your entry rules. The second entry rule we’re looking at is “ Indicators .” This is quite a critical one that you can put into your entry rules also to optimize your strategy performance. In terms of indicators, the usual common ones that we are looking at are Stochastic, RSI and for example CCI as well. These are familiar names, you have all heard of them. There are thousands of indicators, but the important thing is don’t just pick an indicator and just slam it onto the screen, but ask yourself what are you looking to achieve, what is the objective of your strategy? Then pick and choose your tools. For example, let’s say you’re driving your car and it starts to break down, you can’t just choose any old hammer or spanner. You have to analyze the problem first before choosing the tool that you want to use to repair the mistake or the fault on the car. It is the same thing here, as we are looking to optimize our strategy, we have to ask ourselves what is going to be the most efficient indicator to help me optimize my strategy performance and towards what objective? That is how you actually choose the indicator that you want to have on the screen in your strategy. The last one we are looking at is “ Price Action .” Price Action is very critical because most of our strategies use price action. It is the fastest of them all. Some things the price won’t be able to tell you and that’s when we use indicators because it involves a lot of calculations. With price actions you notice some really powerful bar patterns that give you an edge in the market and then using all these three factors together that can give you a very strong edge against all the other 99% traders. For example, price action patterns can start to look like the low test bar starts to come up over here and it’s starting to show a reversal pattern. Or even things on a daily time frame where we are looking at something like a down trend and it is starting to reverse – all those critical price action patterns that can give you and edge. So these three rules that’s I’ve just gone through with you right now can be so important to improving your whole strategy and your trading performance. On a final note, what I want you to remember is that just using them by themselves is not enough as Traders. But using them in a cumulative manner strengthens your edge so strongly in the market and also optimizes and maximizes your trading performance for consistent profits. I believe this has been very useful for you all and as we always say, til the next time stay disciplined, follow your trading plan and keep Trading like a Maste r.
Education
by masterthemarkets2010
Key Interpretation Methods of CCI IndicatorsHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The CCI indicator, which is included in the 'Strength' indicator, now displays only the oversold or overbought zones. Accordingly, it seems that there will be difficulties in understanding the indicators, so we took the time to give reinforcement explanations. The CCI setting I use is 150. Accordingly, it is utilized to see the flow of the mid-term and above. The basic source value of CCI is (high + low + close) / 3. Accordingly, we added the 150 SMA line and the CCI indicator as a secondary indicator. If it rises a lot from the 150 SMA line, the CCI value rises above +100. When it rises above +100, it is interpreted as entering the overbought zone. Entering the overbought zone like this means that there is a possibility that it will exit the overbought zone in the near future. However, while it is in the overbought zone, it also means that the force to rise is just as strong. Accordingly, it is the basis for conducting transactions by identifying support and resistance points or sections. Conversely, if the price drops a lot from the 150 SMA line, the CCI value will fall below -100. Similarly at this time, when the CCI breaks out of the oversold zone, it enters the sideways zone, providing a basis for trading. When the CCI is between -100 and +100, prices move sideways. It is not easy to analyze with only the CCI indicator when it is in the sideways section with the CCI indicator. Therefore, with the CCI indicator, it is recommended to find the basis for trading when entering and exiting the overbought section (CCI +100) and oversold section (CCI -100). Since you can check the overbought and oversold sections of the Bollinger bands and CCI shown in this price chart, I think it is a good idea to use it together with the Bollinger bands. It is quite difficult to create a trading strategy based solely on indicators like these. Therefore, it is important to create a trading strategy by making sure to set support and resistance points on the price chart and see if the indicators are supported or resisted at those support and resistance points or intervals. The setting value of Bollinger Bands used in this chart is 60. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
Education
by readCrypto
VET VeChain Falling Wedge Pattern Vechain (VET) currently finds itself at the end of a falling wedge pattern, which could potentially indicate a bullish reversal in the near future. This technical pattern suggests that selling pressure has been gradually decreasing, while buyers may start to regain control. Considering this chart pattern, there is a possibility of a technical rebound for Vechain, with a potential target price of $0.022. Looking forward to read your opinion about it!
Long
by TopgOptions
ASTRA Protocol Major Announcement in the next 24hASTRA Protocol on Twitter: "Astra’s Big announcement is dropping in less than 24 hours, marking a grand achievement for us all! Stay tuned, and let the countdown begin! Join us to be a part of the next revolution in Web3!" The Market Cap of ASTRA is only $2Mil. Team seems legit, Phil Hogan, the former European Commissioner for Trade, is Executive Advisor at ASTRA. Hard to believe it will be a buy the rumor sell the news event! What to sell if the market cap is only $2Mil?!
Long
by BuySellMarketMaker
1
BASIC INDICATOR GUIDE & MARKET PHASESBasic Indicator Guide for Trading. Like & share it with others!! ✅Moving Averages: Moving averages calculate the average price over a specific period to smooth out price fluctuations and identify trends. ✅Parabolic SAR: The Parabolic SAR places dots above or below the price to indicate potential trend reversals, helping traders identify when to enter or exit positions. ✅RSI Indicator: The Relative Strength Index (RSI) measures the speed and change of price movements. It ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions. ✅MACD Indicator: The Moving Average Convergence Divergence (MACD) consists of two lines and a histogram. It helps identify trend changes and momentum shifts by analyzing the relationship between two moving averages. ✅ATR: The Average True Range (ATR) measures market volatility by calculating the average range between high and low prices. It helps determine stop-loss levels and position sizing based on current volatility. ✅Bollinger Bands: Bollinger Bands consist of a middle band (usually a moving average) and two outer bands representing price standard deviation. They indicate volatility, with wider bands suggesting higher volatility and narrower bands indicating lower volatility. They also help identify potential price reversals. Which is your favourite indicator? Comment below👇🏻
NSE:NIFTY
by Jagadheesh_JP
TON Toncoin Potential Short Tern ReversalTON Toncoin currently demonstrates short-term upside potential, suggesting the possibility of a reversal and an upward price movement in the near term. The price action indicates a potential shift in market sentiment, with increasing buying interest that could drive the price higher. Considering the short-term upside potential, a target of $1.55 could be set for TONCOIN. This target represents the projected level that could be reached if the reversal and upward momentum continue. Looking forward to read your opinion about it!
Long
by TopgOptions
✨ P2P INDi [PRO] ✨ TUTORIAL ✨1. Go to the 1D time frame 2. Open chart drop down menu and select Point and Figure* *Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above 3. Click on the SETTINGS wheel on the P2P INDi 4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS 5. Click the INPUT tab 5. PIVOT PRICES (a) Identify price(s) nearest the Pivot High (PH) and the Pivot Low (PL) (b) Place those coordinates in the corresponding input box (c) Click OK (at the bottom right) 6. On the Tool Panel (to the left), identify Magnet Mode and turn it on (weak or strong) 7. PIVOT PLACEMENT (a) Drag the Pivot High line of P2P INDi and snap it on the corresponding X (b) Do the same for the Pivot Low line and snap it on the corresponding O 8. ANNOTATING TREND (a) Identify the trend shown on the Heads Up Display (top right-hand corner) (b) If the DOWNTREND (red) is displayed, remove all three Buy Order TPs (c) If the UPTREND (green) is displayed, remove all three Sell Order TPs 9. SET YOUR POSITIONS (a) Place Buy and/or Sell Orders at 2%-3% or less of your Net Asset Value (NAV) (b) If shaving, take 25% profit at the first two Take Profit (TP) prices. (c) Stop Losses should be equal to or beyond the PH and PL lines (d) If stop loss is greater than your risk tolerance: — lower your position size or — tighten your stop loss by bringing it closer to your entry DISCLAIMER: Please notice that we do not provide financial advice — our website, indicators, strategies, signals, and mentorship courses are all intended only to provide a community of support to anyone interested in improving their trading skills. Fx'tive HNW $olutions, Inc. is a California corporation that publishes products and services for developing trading indicators and strategies on demand, renting and selling proprietary indicators and systems, training, and coaching exclusively intended for Daily₿read Subscribers ONLY. 1. INTELLECTUAL PROPERTY The proprietary indicators, strategies, and content developed by the T.E.A.M. (FRIDAY, P2P INDi, P2P INDi, TEMASHA, The Library, Specialty Lesson, and other utility scripts or educational information), the object of intellectual property rights are and remain the exclusive property of Fx'tive HNW $olutions, Inc., at the exclusion of images and videos and texts free of rights or provided by Fx'tive HNW $olutions, Inc. or external legal or physical person. No assignment of intellectual property rights is carried out through these Terms and Conditions. Any total or partial reproduction, modification, or use of these properties for any reason whatsoever is strictly prohibited without the express written authorization of Fx'tive HNW $olutions, Inc. 2. RESPONSIBILITIES You declare to know the principles and risks of the financial markets. Therefore, you swear that you know the financial risks involved in trading. In this sense, the directors, employees, stakeholders, and partners of Fx'tive HNW $olutions, Inc. can not be held responsible for errors, omissions, inappropriate investments, technical problems, events beyond our control, and, more generally, financial losses that you may realize, or results obtained in the practice of trading resulting from the services or products it markets. 3. RISK WARNING Trading involves a high level of financial risk and may not be appropriate because you may experience losses greater than your deposit. In addition, leverage can be against you. Do not trade with capital that you can not afford to lose. You must know and understand all the risks associated with the market and trading. We can not be held responsible for any loss you incur.
Education
by ProfessorCEWard
2
Ninja Talks EP 15: Indicators Vs Naked( Warning - May cause offense and distress) It's a tale as old as the markets themselves - to use indicators or to not use indicators, that is the question. And to bring the answers you so desire it's none other than yours unruly - me, Ninja Nick! So buckle up because my way is totally biased, based, unapologetic and of course 100% correct forever and always. Now on with the show... I'd like to take this opportunity to apologize to absolutely nobody! The pure price action specialist does whatever the fook he wants. I hope that answers the question of what side I'm on - for those that didn't get the Conor McGregor reference, I'm against trading indicators - with one caveat... * ...I understand that people can make them work, I'm not saying they're useless, but for me in my over 10 years of experience I'm yet to see one that jumps out at me like a supermodel in the street. So with that said, here are some reasons I personally loathe, hate and despise (most) trading indicators: (1) They're BS marketing techniques - case in point, the founder of the MACD said he gave it an acronym name because acronym products create more mystery and sell better. And he's not wrong, but still, BS marketing technique. (2) Too many variables to take into consideration before placing a trade and for someone that practices KISS (Keep it Simple Stupid) I find it's complexity more offensive than putting ketchup on a steak. (3) Your charts look like an A.I rendition of a Pablo Picasso painting, so for that brilliant reason I'm out. (4) The data is lagging - we already get the milk skimmed off out Tea by complex algorithms so why would I outsource my decision making further to baby Terminator? Not on my watch - I won't be back. (5) I love pure price action and I don't know why, I've tried everything over my vast learning curve from financial filings, indicators, depth of market trading, algorithms, you name it I've fumbled with it and I can confidently say without a shadow of a doubt that my genius would be nothing without a pure virgin chart as my canvas. So that's all for this episode, if you liked this then follow and drop a like for the algo (the good kind). And always remember, keep your blades sharp Ninja! Nick
Education
by NinjaTradingServices
CYBR CyberArk Software and the Cyber WarfareCyberArk focuses on privileged access security solutions, helping organizations protect against cyber threats targeting privileged accounts and credentials. In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could potentially benefit cybersecurity stocks in the market. These attacks highlight the vulnerabilities present in the software systems used by government entities, underscoring the urgent need for robust cybersecurity solutions. The fact that the U.S. Cybersecurity and Infrastructure Security Agency is actively investigating the breach indicates the seriousness of the situation and the government's commitment to addressing these security threats. As such, there may be a heightened emphasis on strengthening cybersecurity infrastructure and investing in advanced technologies to defend against future attacks. The reported involvement of a Russian-speaking hacking group known as CLOP in previous attacks serves as a reminder of the persistent and evolving nature of cyber warfare. This continuous threat landscape necessitates ongoing innovation and investment in cybersecurity. Considering these factors, cybersecurity stocks have the potential to experience an upward trajectory. Companies specializing in threat intelligence, network security, endpoint protection, and data encryption could be in high demand as organizations and governments seek to fortify their defenses against cyber threats. My Price Target for CYBR is $163 by the end of the year. Looking forward to read your opinion about it!
NASDAQ:CYBRLong
by TopgOptions
Manage Input variables with Pine Script v5Welcome to this new tutorial that helps traders and investors better understand the powerful Pine Script programming language v5. In this tutorial, we will program together three Input variables: Color type Input: a color input is a parameter that allows specifying a custom color for the indicator or script. It can be used to set the color of lines, areas, texts, or other graphical components in the indicator. Float type Input: a float input is a parameter that allows specifying a floating-point numerical value for the indicator or script. It can be used to set parameters such as threshold levels, indicator sizes, or any other numerical value that requires decimal precision. Integer type Input: an integer input is a parameter that allows specifying an integer numerical value for the indicator or script. It can be used to set parameters such as moving average periods, length of a time interval, or any other integer numerical value. IMPORTANT: The code used in this tutorial has been created purely for educational purposes. Our indicator is a simple indicator that plots the close data of the underlying asset on the chart in a weighted manner. The displayed data is the sum of the close price plus 20%. The goal of the indicator is to provide a fully dynamic tool that can vary its parameters from the user interface and update automatically. Here is the complete code for this tutorial: //@version=5 indicator("Input Tutorial", overlay = false) pond = input.float(defval = 0.20, title = "Float", minval = 0.10, maxval = 1, step = 0.10) color_indicator = input.color(defval = color.red, title = "Color") data = close + (close * pond) linewidth_feature = input.int(defval = 1, title = "Integer", minval = 1, maxval = 10, step = 1) plot(close, color = color_indicator, linewidth = linewidth_feature) //@version=5 Indicates the version of the Pine Script language used in the code. indicator("Input Tutorial", overlay = false) Set the name of the indicator as "Input Tutorial", and overlay=false indicates that the indicator should not overlap the main chart. pond = input.float(defval = 0.20, title = "Float", minval = 0.10, maxval = 1, step = 0.10) Create a float input called "pond" with a default value of 0.20. The input title is "Float", and the minimum value is 0.10, the maximum value is 1, and the step is 0.10. color_indicator = input.color(defval = color.red, title = "Color") Create a color input called "color_indicator" with a default value of red color. The input title is "Color". data = close + (close * pond) Calculate a new value "data" by adding the closing price value with the closing price multiplied by the "pond" input. linewidth_feature = input.int(defval = 1, title = "Integer", minval = 1, maxval = 10, step = 1) Create an integer input called "linewidth_feature" with a default value of 1. The input title is "Integer", and the minimum value is 1, the maximum value is 10, and the step is 1. plot(close, color = color_indicator, linewidth = linewidth_feature) Plot the chart of the closing value with the color specified by the "color_indicator" input and the line width specified by the "linewidth_feature" input.
Education
by thequantscience
The panpanXBT Bitcoin risk IndicatorHi Fellow Traders and Investors, Today, I want to look into this brand new hot off the presses indicator, THE BITCOIN RISK. The focus of this indicator is the risk levels of bitcoin in real time. It's color coded and fairly straight forward and simple. it's best use is for long term investors not so much for day trading. It can be coupled with other indicators to make confluence and confirmation. for example the RSI and this indicator are very powerful when coupled together from what I have seen. As we can see it is still very early in the bull run and still a very good time to be making purchases. How accurate this indicator will be going forward? Unfortunately, only time will tell, as I'm fairly sure it's been retro fit in some way to work. I have no affiliation with the creator and have no personal gain. I found this indicator, was granted use of it and found it useful, so, I am passing it along. If you are interested in it, you have to get a hold of the creator. Down below is an overview in the words of the creator. Here is a quick explanation from the creator himself... Here's a quick overview of what the model is based on and how it can provide value: "The panpanXBT Bitcoin Risk Metric is powered by regressing 'fair value' data. The errors are adjusted to account for diminishing returns using a fitted exponential curve. The result is a channel that Bitcoin price has historically bounced between. Users can quickly identify periods of extreme under and overvaluation, which could present great investing opportunities."
BNC:BLX
by WeAreSat0shi
3
Next Steps: Introduction to Pine ScriptWelcome back, traders! In our previous video, we took our first steps into Pine Script™ and learned about creating indicators. Today, we're going to dive deeper into the Pine Script™ landscape and provide some valuable pointers to guide you on your journey of mastering Pine Script™. So let's get started! The first important distinction we need to make is between "indicators" and "strategies" in Pine Script™. Indicators are primarily used for calculations and displaying information on charts. They are lightweight and don't require the broker emulator, making them faster to execute. You can use indicators to analyze market data and generate visual representations of technical analysis tools, such as moving averages, oscillators, and custom calculations. Indicators are a great choice when you don't need to backtest your strategies. On the other hand, strategies are used for backtesting and forward testing. They include trade order functionality and can simulate trade executions. With strategies, you can define entry and exit conditions, apply risk management rules, and evaluate the performance of your trading ideas. Strategies provide detailed backtest results in the "Strategy Tester" tab, located next to the "Pine Script™ Editor" tab. They allow you to assess the historical performance of your trading strategy before deploying it in live markets. Now, let's talk about how scripts are executed in Pine Script™. Unlike traditional programming languages, Pine Script™ runs in a loop-like fashion, executing once on each bar of the chart from left to right. Historical bars refer to those that have already closed when the script executes on them, while the last bar, known as the realtime bar, remains open. The script then executes whenever a price or volume change is detected and once again when the realtime bar closes. This execution model enables real-time monitoring of market conditions and the opportunity to react to price and volume movements. It's important to note that the script doesn't recalculate on historical bars during realtime execution. This optimization improves efficiency by avoiding unnecessary calculations on past data that have already been processed. Pine Script™ provides this performance enhancement by storing the calculated values of historical bars, allowing the script to focus on updating the current and future bars efficiently. In Pine Script™, a fundamental concept is the time series. Time series are data structures that hold values for each bar the script executes on. They continuously expand as the script progresses through more bars. By using the history-referencing operator, which is denoted by square brackets , you can access past values of a time series. For example, close refers to the close value on the preceding bar, close refers to the close value two bars ago, and so on. This powerful feature allows you to incorporate historical data into your calculations and create complex trading algorithms. It's crucial to understand the time series and how they differ from traditional arrays. While the indexing mechanism may resemble arrays, thinking in terms of arrays can be detrimental to understanding this key Pine Script™ concept. Time series in Pine Script™ expand dynamically with each bar, and their values are automatically updated as new data becomes available. This dynamic nature enables you to create adaptive and responsive trading strategies that take into account changing market conditions. Moving on, let's discuss script publishing. TradingView is a vibrant community of Pine Script™ programmers and traders from around the world. Once you become proficient in Pine Script™, you have the option to share your scripts with others. Before publishing, ensure your scripts are original and well-documented. All publicly published scripts undergo analysis by TradingView's moderators and must comply with Script Publishing Rules. These rules maintain the quality and integrity of the scripts available on the platform. If you prefer to use your Pine scripts for personal use, you can simply write them in the Pine Script™ Editor and add them to your charts without publishing them. However, if you want to share your scripts with a select group of individuals, you can publish them privately and provide your friends with the browser link to your private publication. This way, you can collaborate with others and receive valuable feedback on your scripts. To navigate the Pine Script™ documentation effectively, it's essential to spend time exploring the available resources. Our main documentation sources are the Pine Script™ v5 User Manual and the Pine Script™ v5 Reference Manual. The User Manual provides comprehensive explanations and examples to help you grasp the fundamentals of Pine Script™. The Reference Manual serves as a detailed reference guide, documenting the functions, variables, and keywords available in Pine Script™. It's a valuable tool for every Pine Script™ programmer and is essential for writing scripts of reasonable complexity. Remember to consult the documentation corresponding to the version of Pine Script™ you are working with. It's crucial to stay up to date with the latest advancements and improvements in Pine Script™ by regularly checking the Release Notes. That wraps up our introduction to Pine Script™ and its landscape. We hope you found these insights helpful in your journey to become a proficient Pine Script™ programmer and trader. Remember to practice, explore, and experiment with the concepts we discussed today. By combining time series with the built-in functions designed to handle them efficiently, you'll be amazed at what you can accomplish with just a few lines of Pine Script™ code. Thank you for joining us today, and we wish you success in mastering Pine Script™ and achieving your trading goals!
AMEX:SPYEducation
by StockJustice