Gold BULLISH Target 1877 looks bullish for the next few days, the 200 ema is starting to turn upwards above the 500 ema. Most likely Gold will try to rise back up to the 1862-1866 area, if it breaks then it will continue to rise to the 1877 target. If for example it fails to rise then it is possible will go back down to 1836 if the immediate support at 1847 is broken.
Open Trade Buy in 1853.5-1847
SL 1844
TP 1877
Supertrend
Bitcoin Idea May (2022) Custom Heat_Mapping and Wolfe Wave - Heatmap reacts with chart- and shows- color of heatmap- within candles- I think theres a mtf and supertrend as well-- Looking for a long to go through over the next 5 days--alien spaceship--bullish trend - dump today was a huge bart pattern- -1500 dollars - rebound to where we started at the beginning of the day- hopefully we bounce back up to 32500 then 40 000 usd within the next few days- stay posted - track the chart- hit the like button and follow me if you like- always looking for new friends that trade.
Bitcoin 2022 Bollinger plus RSI 2x Strategy
Rolling VWAP
Supertrend MTF
Wedge and Flag Finder
A chart for future reference over the next two or four years till the bottom is not showing anymore- Im thinking.
I would add an addition supertrend normal and add the factor to 1.64 and a length of 156 and a price oscillator; with macd.
[UPDATE BTC] Super cycle model based on M1: 2022-2024?Based on on the M1 chart (inflation focused), we can come up with a dubious speculation around BTC next moves and prices.
This model suggests a super cycle:
- pump up to 130k for the end of 2022 (Sept - Dec 2022)
- one last period of consolidation and bearish market
- final pump above 200k (Apr - July 2024)
- 5-7 years macro bear market until the 30's
SuperTrend with 50-200 moving averagesThese are ready built indicators but I would like to add a stop loss/profit target or better yet a trailing stop for increased profit potential. A reverse signal exit doesn't work in my experience and I would like the TSL to be part of the basic strategy with an input for length and type of MA exit or a number of pips for SL and TP. Any suggestions on how to do this would be appreciated. I don't see ready made scripts for this at all.
Welspun- A good buying opportunityWelspun India is about to boom!!
- The MACD line is above the Signal line
- RSI is about to cross 60
- Supertread is in green
- 5 DMA is cutting 26 DMA
Most Indictors are showing good strength
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3 indicators to eliminate false signals This is Matic/U.S Dollar and I'm using 3 indicators to help with eliminating false buy/sell signals.
1) MACD
2) RSI x 2 ( 25 & 100)
3) Supertrend
New to day trading crypto but these are super helpful indicators and you have to make sure the lines cross in the RSI and the MACD to have a good signal to buy or sell. In the MACD the blue line must cross the orange line to have a good signal.
BTCUSD zone to buy in atAt this level we see prior highs and lows all the way to 2020 rally. It does not hurt that the kijun-sen and supertrend (standard setting) are also located at this exact level. This is where traders put their trailing stops or normal stops. The market sure does like to hunt those stops as big players like to fill their orders at these levels when people get annihilated. Join the big players and buy in at this level.
Here is why I suggest you should use the SUPER TREND!I see the weekend is here. A new week is about to begin, and it's time to get organised, reflect on your progress so far, and learn something new to help you achieve your trading goals., and boost your profitability.
Let's be honest, I am someone who normally likes to follow the trends. A lot of the trend following indicators I've encountered along the way in my professional and career growth haven't made sense to me. Moving averages, Average Directional Index, Moving Average Convergence-Divergence, Parabolic SAR etc. I always had a lot concerns with the indicators being able to swiftly follow the price movement, as well as identify a clear reversal of the underlying trend. However, I came through to find this SUPER 'super trend' indicator some while ago, and by testing this and adding it to my intraday trading strategy, I finally see that I could rely on one single indicator to help me identify the trend quickly and more efficiently (never 100% of course it is still not a holy grail!) but the results were good enough for me to write down this post to you guys.
What is the Super trend indicator?
'Super trend,' as the name implies, is a trend-following indicator, similar to moving averages and MACD. It is plotted on prices, and the position of the prices reflects the current trend. When we build the Super trend indicator, the default settings are 10 for the ATR and 3 for the multiplier. The average true range (ATR) is important in 'Super trend' since it is used to determine the indicator's value and it indicates the degree of price volatility, which is one reason why this indicator beats Moving averages, which disregards price volatility.
Super trend Indicator Formula
The super trend indicator computation is illustrated below–
Up = (high + low / 2 + multiplier x ATR)
Down = (high + low) / 2 – multiplier x ATR
Average True Range = / 14
The number 14 represents a period in this context. As a result, the ATR is computed by multiplying the previous ATR by 13. Add the most recent TR and divide it by the time.
As a result, ATR is an essential component of the supertrend technical analysis indicator.
How to Use Super trend Indicator to Identify Buy and Sell Signals?
Super Trend, as a trending indicator, performs well in trending markets (both uptrends and downtrends). When the indicator flips over the closing price, it is easy to identify a buy-sell indication. When the Super Trend closes below the price and the colour turns to green, a buy signal is issued. A sell signal is generated when the Super Trend closes above the price and the colour of the Super Trend changes to red.
There is no such thing as a 100 percent accurate technical indicator, and Super Trend is no exception. It also produces erroneous signals in sideways markets, however it produces fewer false signals than other indicators. As a result, you may use Super Trend in conjunction with other indicators to provide more accurate trade signals.
Follow my daily analysis posts on my account to check out how to combine it with other momentum indicators as well as use it for multi-time frame analysis!
[SAND/USDT] - Imcoming MASSIVE Breakout!According to the Logarithmic Scale, SAND/USDT appears to be in an uptrend. Price is edging closer and closer to both major support areas in the coming days or weeks, according to one perspective. However, because bearish price movement has decreased during the day and no lower lows have been produced since the SAND formation on Logarithmic Perspective, price now has the potential to make a significant bullish breakout.
#Bitcoin We Finally Reversed on Heikin Ashi CandlesHi everyone,
Thank you for considering reading my idea.
People seems to be hyped up that we have a green heikin ashi candle after months of down trend. This is just to give you another perspective what could happen when Bitcoin breaks down the 50 week moving average (yellow line) and getting the first green heikin ashi candle.
You should also see that we have a SELL signal in the Weekly SuperTrend. This happened 5 times before in every bear market (except the one where we crashed due to COVID)
More TA like this in the related ideas below.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Cheers,
Juvs
SUPER/USDT 4HOUR UPDATE BY CRYPTOSANDERWelcome to this quick SUPER/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-SUPER/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Target:- 30% to 40%
Stop loss:- 0.6298
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Script to monitor MA by multi timeframe to strict BUYI created a simple script "Moving Average MTF - Binancash" based on MA multi-timeframe and Super Trend CCI to strict BUY.
This script is a study case to monitor stock when the market is bearish
Let's use Support & Resistance and stop-loss if you want to try to trade.
BTCUSD trading with Supertrend IndicatorThis idea is based on the well-known indicator Supertrend. Using three days as a timeframe and operating on a broker that you can long or short with BTC (for example, Binance Futures with 1x leverage) gave a significant profit after almost four years of trading.
I will go through all the details on the trades and how to use this strategy in other markets.
First the Indicator: Supertrend
Let's start with the main idea, the Supertrend indicator. It's a trend-following indicator that gives similar signals as moving averages. It's an easy-to-understand indicator. It plots green area and line for an uptrend (below the price) and red zone and line for downtrend (above the price). It has two parameters to set the signals, which is very simple.
Now, how do you enter the trades?
This is where you can improve for other markets, timeframes and instruments. In this idea, I just followed the Supertrend indicator blindly. When the indicator signal turns green, Long, when red, Short. No other indicator or analysis was made.
And to exit the trades?
This is something that can be modified for even better profits. In this example, I closed the trade and started a new one following the indicator signal. Example: First opened a long trade, then a short sign appeared. I close the Long trade and open a new one. Short trade, and vice-versa. Open one, Close the opened before, and so on.
So, it's that simple? Follow the indicator blindly and make a profit?
This example I am giving here may sound easy, but this will change in different time frames and markets. I used the 4-year cycle of BTC (more info here cryptopotato.com). It will not always behave like this idea, but it should give you a better understanding of market trends and when it's changing.
What about those statistics on the chart?
Let's dive into those numbers now
* Cumulative profit: 572%
This means that when you sum all the profits and losses, the total profit percentage was 572%
* Trading Time: 1458 days (3,99 years)
The total time in days/years trading. Remember that the time frame is three days to check the market ten times a month.
* Number of Trades: 12, winning trades 8, and losing trades 4
The total amount of trades in that period, winning trades (ending in profit), and losing trades (ending in loss)
* Winrate: 66,67%
After the period, 66,67% of the trades were winning trades.
* Broker Fee: 0,1%
Depending on the broker you use to trade this market, this number will vary, so check it first on the market and instrument to better calculate the fee statistics. I used Binance Futures with 1x leverage and increased the fee to the spot value to simplify the calculations.
* Biggest Winning Trade: 442% and Biggest Losing Trade 22%
The most significant profit made on one trade and the most significant loss on one trade
* Average profit per trade: 47,67% and Average profit per month: 11,76%
The average profit percentage per trade (no matter if it is a winning or losing trade) and the average profit per month since the first trade. This gives a better idea of monthly gains and per trade
* Buy and Hold Profit: 291%
This statistic shows how much you would have made by buying at the first trade and holding the entire period. Compare this with the Cumulative profit to see if it's worth following this strategy or not. In case the buy and have gained more significant than the cumulative profit, the strategy is not profitable as buy the asset and wait for better prices
* BTC used per trade: 0,086668351
The amount of BTC used in every trade (in this example, 12 trades). I used the same amount on every trade to make it less risky and straightforward to calculate the fees and the profits. If you decide to use compound or other money management, this will increase the risk and the profits. Remember that we started with capital in USD, bought the coins, and made the trades using BTC, not USD
* Total Fee in BTC
Since I used a fixed BTC amount per trade, the fees were calculated from the same amount on every trade.
* Initial USD Capital: $1.000,00
The initial amount in USD was used to buy BTC to start the trades.
* First Trade Entry Price: $11.536,22
The entry price of the first trade was made. This value is used to calculate how much BTC was bought and used on all trades (I am using a fixed BTC amount)
* Initial BTC amount: 0,08668351
The total BTC amount bought when the initial capital is first trading day and used on all trades.
* Final BTC Amount without Fee: 0,49582968
The total BTC amount after all trades, based on the profit made, not discounting the fees of every transaction. You get the fixed BTC per trade and multiply it by the cumulative gain since using a fixed stake. For other money managements, the value will vary with the BTCUSD price at the trade moment.
* Final BTC amount with fee: 0,49374928
The amount of BTC earned with the trades, discounting the fees.
* Capital after selling Coins: $21.189,89
After selling the coins, you earned your capital with the trades at the last trade price. This not includes the fees to convert BTC to USD.
* USD capital Increase: 2.118,98%
The percent amount increased after the trades based on the initial capital.
The capital increase was more significant than the profits made by the trades. Why is that?
This happens because BTCUSD price increased during the trading period, adding to the profits made with the trades, there are the profits made with the price increase of the asset.
Will this repeat for the next market cycle?
The pattern and vast profits stayed the same when the last three cycles (2010-2013, 2014-2017, 2018-2021?). We are in a different scenario globally. The world economy is very different from 12 years ago, so we are sailing into new waters right now. The demand for BTC is increasing like never before in this cycle (check this article hindustannewsindia.in)
What other indicators can I use to reduce my risk with this strategy?
Since this strategy is based on the Supertrend indicator, a trend follows indicator, any indicator that reduces the noise in that category will work. Moving averages, Bollinger Bands, Ichimoku, ADX, to name a few. I don't advise using oscillator indicators to trade against the trend, like RSI, MACD, Stochastic, etc. It's not worth the risk, and you may miss a big move because of them.
Any better way to exit the signals and make more profit?
Exiting the trade when the next signal appears is not the best way, but this indicator is sure a profitable way. Since you are following the trend, you don't exist on small price retractions, just when it breaks the trend. Many indicators can be used to exit the trades. Moving averages, MACD, Ichimoku, ADX, to name a few. You can use them with smaller periods to get the exit signal earlier and ensure more profits, using them as moving stop losses (www.flowbank.com)
Can I make more trades besides the trend-changing days?
A way to make more trades without compromising the main trades is adding to the position when the price is close to the Supertrend indicator. Taking the first trade as an example, it was an excellent opportunity to increase the position when the price got close to the indicator. The same way to exit some parts of the position when the price moved away for the indicator.
Looking at this chart and seeing a 2.000% increase in the capital may sound too good to be accurate, but it happened. Of course, it may never happen again, but if this indicator gives an average of 10% of that profit, it's 50% per year profit, not bad for three trades a year.
This indicator can be easily found in the technical indicators on Tradingview and several other trading platforms.
Please ignore big numbers in the bottom panel, use the chart for a better understanding of the profit curve and the risk
BITCOIN SUPER TREND still bullish!Hellow traders,
Just a quick observation. I altered the numbers on the super trend tool to run the trend on a 2 week time frame, with an ATR of 30 and a factor of 3 which gave a pretty great data set that all but 1 time in the 2017 bull run held a perfect record for identifying bullish and bearish price action. Take a peek at it on charts with the full price history of older coins and let me know how it turns out!
As always, have a green week!
Savvy
BTC scenario - search for the bottomBtc has been coming declining seems 13 69,000 price mark. It has been no declining for a while, which is clearly observable Linda chart. I don't consider this as a beer market yet, although I really think that the correction is taking longer than it seemed to me in the beginning. In this scenario what I seen is an eminent encounter with the button after which the price of this asset should start building/continue mean call Trent. The indicators that I have used in the story show to me that there is a button near and that it should be here not later than a month or maybe even couple weeks. All I'm looking for is breakouts in the moving averages and a build up in RSI.
MOTHERSON SUMI READY FOR BREAKOUT WITH INCREASAING VOLUMEAll 3 targets are shown on the chart.
Motherson sume ready to give breakout.
Supertrend indicator is also giving confirmation.
increasing volume is also confermation for trade after breakout.