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Martintrendtrader

Martin Trend Trader is simply a Parabolic SARSee for yourself here, that the entire strategy is based on parabolic SAR. The minor deviance may be from a use of average true range instead of close, or some other similar source. If you want this just simply use the BUILT IN SAR function with the parameters: sar(0.015, 0.01, 0.025) I am not sure how they are obfuscating the input to get a single integer into these three parameters, but the lesson here is: DO NOT PAY $300+ FOR THIS INDICATOR Parabolic SAR is a very simple strategy, and the fact that Travis is obscuring the actual mechanics behind this should make you as skeptical as I was.
COINBASE:BTCUSDEducation
by on2valhalla
18
Gold Showing a HUGE cup and handle formation on the daily.Hello Everyone, Taking a look at Gold on the daily chart it has formed a huge cup and handle which is a possible uptrend signal. Buy/Sell indicator is showing a current entry point of roughly $1280. The cup and handle has potential growth to the $1600 area. Profit pulling will be when the blue buy/sell indicator crosses above the red dotted line. Stop loss for a long position is roughly $1235, and $1322 for those who are short trading. Keep in mind, the last time Gold came anywhere near the $1600 level was April 2013! Daily sentiment is showing to be moving towards a bullish trend while the 4 hr chart is still on the bearish side. Please hit like if you found this information useful or helpful! **This is meant FOR EDUCATIONAL PURPOSES ONLY and is not meant as any trading or buy/sell device. Always do your own research.** Good Luck and Happy Trading!! :-) -AWC-
FOREXCOM:XAUUSD
by AWColumbo
Who's making money?? Raise your hand if your short! INTERESTING!Hello Everyone, Welcome to the latest update on Theta/BNB 4 hr chart. This is currently a very interesting chart and there is a lot to discuss. We are showing SEVERAL signs of the bears reigning command. Currently we are entering/dropping into the upper level of the major support zone (green box). Where this chart starts to get really interesting is that. there is A LOT going on within this zone. As you can see, there is an "M" pattern in purple, this is a double top formation which, is typically a bearish sign. There is also a head and shoulders pattern shown in yellow and this portion shows the potential of the pair dropping down into the 0.00730 range. The neckline of BOTH the head & shoulders and for the "M" pattern all fall extremely close to the same level which is between 00820-.00840. There is a very large descending triangle pattern which starts on Feb 26th, when I forecast it and extended it out, it lasts through roughly April 20th. Where this portion gets even more interesting is, the lower bar of the triangle also runs precisely with both necklines at 0.00803. But wait there's more!!! Just before the right shoulder forms there is a bear flag that shows the flagpole (black dotted line) extending down to around 0.0829. I do not foresee a drop that low happening but, it is definitely something I will keep in the back of my mind just in case something dramatic happens, All of these patterns fall within the upper portion of the major support zone range so my opinion is, even if this pair drops below the necklines etc., it still drops into the major support zone and, as long as it holds, this will be a good time to fill long bags. Also, for people who like long positions take a look at the green circles on the bottom. Those green circles have been entry point markers for long positions. From here we will have to wait for more signals on the direction of travel, we haven't broken below the necklines, or the the lower bar on the triangle, however, we are very close!. Currently the bears have the ball in their court helping out the short trade side. My signals are showing me a stop loss of 0.01026 for shorts. The volume has slown down and volatility is minimal on the bollinger bands and the pair currently trading on the lower band. The RSI is neutral at 42, Stochastic is on the oversold side at 21. Theta/BNB is also below every single moving average. The bears are still here so use caution and do your research before long trading, or any trading for that matter. If you found this information helpful or useful please hit that like button and let me know you were here! Good Luck and Happy Trading! AWC **This is for EDUCATIONAL PURPOSE ONLY and is not meant to be buying/selling advice.*
TLong
by AWColumbo
THETA enters into downtrend a week before main net release!Hello Everyone, Looking at the 4 hr chart we have officially entered into a downtrend with Theta. It is running inside of a descending triangle and about to breach the lower end of the triangle. It is below all of the moving averages and I have marked the the 200 and 50 day MA (lower yellow lines) which are practically on top of one another. Theta has also retraced into the .0168 Fib and has re-entered into the green support zone. There could be strong buying action inside of this green support area with the release of the Theta main net next weekend and the 1:5 token drop for theta fire, so, I will be watching the levels closely inside of the support range because I am showing a potential buy signal about to trigger on the martin buy/sell indicators (yellow circle). Theta is relatively close to hitting the next fib retracement of 0.5 (0.00791) if it does continue its downward movement. BNB price is running strong and it's not helping to pull Theta up at all so this tells me that we do have significant sell action happening. The downtrend has emerged do to the formation of lower highs and lower lows. This could just be a simple correction because it has been moving upward since Feb 24th and its. RSI is at 41 which is closer to neutral than oversold, Stochastic is at 11 which is in the oversold range. Currently I remain neutral on this until I see a confirmation either up or down. I am a long trader so I will either wait for confirmation of upward movement, or wait until I see what happens if it drops lower for a better price point. The red circles on the trend indicator's are also confirming that we have entered into a downtrend which, is another confirmation tool for me to sit on the side lines until we see how far this will actually drop. Please hit like if you found this information useful or helpful or just to let me know you were here! Good Luck and Happy Trading, AWC **For educational purposes only. This is not meant as trading or buy/sell advice. I truly enjoy technical analysis and sharing my ideas and opinions with others**
TLong
by AWColumbo
TRX Target Hit! But we're still at the mercy of the Bear's bite!Hello Everyone, Welcome back to my latest TRX Update, Here We Go: The 0.02200 Long Target hit with room to spare (I have included previous analysis on 3/1 for comparison). TRX's movement followed my charting channel from the bear flag very well (blue and black dotted lines) and with considerable accuracy, I was able to update and enter slightly lower at 0.2120, it dipped as low as .20. Tron ended up dropping a lot faster than I had initially anticipated, it has been a slow sideways mover over the last several weeks into well over a month now. The yellow circles are the entry points for long positions that I have been using. Now...... I wait and see which way we go next. If this drops again, I have not decided if I want to dollar cost average or, set the appropriate stop loss and re-enter. I will make that determination depending on what the market shows me and how far it looks like it will drop. If we drop steeply, I will take a stop loss position and re-enter at a lower cost. Small drops, I will suck it up and DCA. If we rally upward, I will again see what the market is showing me and make the decision on letting it ride or pulling profit when the time comes. Too soon at this point to predict with the volatility that's been going on, not to mention the major BOT trading that I think was going on ALL weekend! Major buy/sell walls that perfectly inline and holding price points for a significant amount of time, can you say BOTS!! Earlier long entry points of .238-.239 are still valid if we rally upward. I would personally wait for confirmation of an actual uptrend rally before entering any higher than .023 at this time. Short positions can be entered into now as well, if......and that's a big IF, you are brave enough to take the risk and enter now. I say this because we are in such a major downtrend with the bears in charge so there is great possibility of this dropping and retracing even lower. However, tron is due for another rally so, there is a lot of risk to enter a short position. My indicator is signaling a small short position entry at this time due to the significance of the trending bear conditions. If you take a short position I would consider setting a stop loss for .024. Stochastic is at 13 which is in the oversold range. RSI is at 38 which is on the border of the oversold range as well. We are below all of the Moving Averages except the 100 SMA (.0217) and 200 SMA (.0219). We've been in this major downtrend for the last 8 days. Based on TRX's performance since January of this year, it seems to change from uptrend to downtrend and vice versa every 6-10 days. At the time of writing this, we are back up to the 0.786 fib retracement at 0.0229 and climbing, which, is in a major support zone starting at roughly 0.021 with major overhead resistance at 0.026. Please keep in mind that we are still very much in a downtrend and at the mercy of the bear. There will be the monthly BTT airdrop for all TRX holders on March 11th, we may see a brief rally at this point however, I am not hopeful. The BTT airdrop played no effect on the price of TRX during the February 11th airdrop, in fact, we even saw a slight decrease in price. Hit that follow or like button if you find this analysis useful or helpful. Good Luck and Happy Trading!! AWC **For Educational Purposes Only. This is not meant as any buy/sell trade advice, trading is volatile and at your own risk.*
BITFINEX:TRXUSDLong
by AWColumbo
Another Trade Setup with Martin Trend TraderHey Traders, Another setup using Martin Trend Trader. Martin Trend Trader created by TradeIndicators To Find out more about Martin Trend Trader & TradeIndicators Go Here www.tradingview.com PLEASE NOTE: I DO NOT OWN THE RIGHTS TO THIS INDICATOR NOR CAN I PROVIDE AND SUPPORT FOR IT. IF YOU HAVE QUESTIONS OR WOULD LIKE TO BUY IT PLEASE CONTACT THE DEVELOPER ABOVE This information is not a recommendation to buy or sell. It is to be used for educational and entertainment purposes only.
Long
by spiffypips
1
First Trade Taken With Martin Trend TraderHello Traders, This is my first publication. and first trade taken using the Martin Trend Trader created by TradeIndicators To Find out more about Martin Trend Trader & TradeIndicators Go Here www.tradingview.com PLEASE NOTE: I DO NOT OWN THE RIGHTS TO THIS INDICATOR NOR CAN I PROVIDE AND SUPPORT FOR IT. IF YOU HAVE QUESTIONS OR WOULD LIKE TO BUY IT PLEASE CONTACT THE DEVELOPER ABOVE This information is not a recommendation to buy or sell. It is to be used for educational and entertainment purposes only.
Long
by spiffypips
1