Trade the TREND with 4 Trend Indicators4 Trend Indicators you can use to identify the current MACRO Trend.
It's always important to know where your market is currently trading. Is it bullish, bearish, or range trading? If you have established the trend, you can trade with the trend instead of against it. Trading against the trend ( for example shorting during a bullish cycle ) adds unnecessary risk to an already risky trade (leverage).
1) Bollinger Bands
2) Logarithmic View
3) Super Trend
4) Moving Averages + RSI
Let me know how YOU determine the macro trend!
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BINANCE:DOGEUSDT MEXC:ETHUSDT KRAKEN:BTCUSD COINBASE:SOLUSD
Supertrend
Supertrend + Hashribbons Showing a Long Term Trend for BTCIn this Video we discuss all the criteria I'm looking at right now for a bitcoin long position.
This includes:
- Hash ribbons smashing all time highs again after looking fairly weak a few days ago.
- Supertrend AI Indicator looking like it's giving a decent trending signal after the last few months of sideways action and traps.
- VWATR Bands expecting a retest/reclaim of the line after losing it(And why).
- And general structure looking a lot better for bitcoin.
Thanks and have a great day :)
Visualizing Stochastic energy for perfect entriesThe stochastic RSI has always been a problem tool for me because of its clunky look erratic lines and the way it seems l....r each other and sometimes it doesn't.
I've always felt like the stochastic RSI had these energy waves built into it that we weren't able to see because if there's an uptrend of the stochastic then there has to be an equal or greater downtrend of energy pushing it in the other direction but what if there isn't more than that energy and what if this is a perfect balance between the two energies.
This would imply that either that there's a divergence of the energy related to how price is closing or there is a pause in the energy because they're balanced between the two and of course that means your price will pause and run flat as well.
In this video I talk about the proper way to use this new indicator and the way you used to use the stochastic RSI.
Using the information as video and the images that I plot out on the screen you'll be able to see when you should do you should enter trades long or short and why you need to know where your support and resistance lines are as well as whether you're breaking above or below your moving averages.
Let this video be a first class tutorial on perfect trades using a stochastic RSI but like all other indicators you cannot use it by itself make sure that you have confluence on your price chart.
PS as always welcome to the coffee shop.
This Pivot Point Supertrend Strategy has up to 90% Success!Traders,
I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy.
Stew
Is the Pound Dollar flipping bullish?Could we be nearing a bottoming range for the GBPUSD chart? We've been downtrending for a year and 2 months however we can see that the RSI is failing to put in new lows, this could be suggesting that we are well overdue for some bullish price action or at least a relief rally.
Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
NASDAQ 100 - Will the bears make their comeback ?NASDAQ 100 - Will the bears make their comeback ? Thanks for watching.
My love affairs with Bank Nifty, makes it a new HIGH 39370 We were mildly bearish on Bank Nifty early on but around 1:30 pm there was trend reversal and we switched our mildly bearish to bullish view and just keep trailing SL.
TK cross at 38850
MACD cross over
ADX>25
DI+>DI
It crosses VWAP, VWMA, took support from Super trend.
SuperTrail Indicator Video / Trailing Stop LossWas just playing around with the replay function in Trading View and thought I'd share this to show how the SuperTrail indicator worked on a couple of different stocks.
The SuperTrail is basically a modified SuperTrend but instead uses a percentage to allow you to manually set the trail level for individual stocks. Some need a wider trail, some a smaller one. You might set a trail based on the last months range, or the last 3 months. Totally up to you and the stock itself. The idea is to find what I call the natural range of a stock based on its past behaviour and hope that the stock maintains this range into the future. You can of course simply adjust it from time to time as the stock and the market goes through different behaviours (eg bull or bear), reacting to good or bad company news etc.
I use the percentage value that I come up with to set as my stop loss / trailing stop with my broker. This way if the stock drops below the trail value (which automatically moves up as the stock price moves up, but never down if the stock goes down), the stock will automatically sell and I will hopefully bank any profits. Works best of course with trending stocks. You could use the buy signal to go long and the sell signal to short. Main thing for me is I don't have to sit and watch the market and worry how my shares are going. If one is starting to go the wrong way, I automatically get out. Completely up to you how you use it. It is a very simple system :)
If you want to see more examples, just have a look at my profile, and if you would like access to the script, just message me and I'll send you the details.
Introduction to the BEST Trade ManagerHello traders
Let me highlight what the BEST Trade Manager can do for you.
The Trade Manager adds another layer to your own systems, enabling custom user-defined stop-loss/take-profits and real-time analysis with risk-to-reward ratios.
We made it as such the visual rendering is also very nice on mobile devices.
Reviewing:
- How to connect your own indicator(s)
- How to read the graphical elements
- The 8 Stop-Loss options
- The 4 Take-profit options
- The alerts and dynamic alerts for trading automation
Links are in my signature for more information about it
Wishing you all the BEST for your trading using it.
Dave
