ONT USD 1D entry via TrendMasterIf we're to backtest TrendMaster.
Since we're still in a bearish market sentiment (price under Kumo), we'll take a Conservative stop approach (will trail to the next candle's open upon confirmation).
Trendmaster
WAN consolidatingObservations:
* Noticing how Chikou is also a good indicator of past SR levels (along w/ flat levels in the Kumo)
* Would be great to know how to test for a breakthrough or false breakout (rejection)
* Price has a strong signal when Tenkan makes a sharp right turn through the EMA cloud. Tends to be a bullish continuation in price action.
* Vice-versa if Kijun does it instead—price is weak. Tends to be bearish (short term), as price would most likely go get support from Kijun.
* Kijun tends to resets to the bottom or right-side of the EMA cloud when its a bullish trend; vice-versa
Still new to Ichi, please have patiences and understanding. Feel free to chime in with constructive feedback is something is off. Thanks
NANO ETH 4H consolidatingNoticed something w/ the Kijun (base line) in the EMA cloud of the TrendMaster system:
* Tries its best to stay within the EMA cloud
* Sharp right turn or horizontal movement, usually signals consolidation/retracement
* More often than not, fractal prints on the FOMO'd candle (full white candles in this case, with a red down arrow)
* The closer its to the bottom/right-side of the EMA cloud, a good indication that some support has formed—keeping price above/outside of the EMA cloud potentially, increase price higher on an uptrend (vice-versa, lower w/ a downtrend)
Thoughts and/or more insights on this? Thanks
ZRX ETH ready to set new ATH?* Bullish Ichi indicators
* Bullish signal HA candle printed on TrendMaster
VPVR ain't got too much resistance upwards by the looks of it.
Thoughts? Thanks
ADA ETH looking almost bullish on dailyWaiting on a possible bullish signal candle for TrendMaster system. Need for this HA candle to confirm when next candle prints.
Possible bullish Chikou
* Above price 26 periods ago
* More confidence if it crosses up and above Tenkan
Neutral signal on the bullish TK Cross
* Becomes bullish if price moves above the Kumo, signaling bullish Kumo breakout too
Bearish Kumo Future still.
Thoughts? Thanks
Potential bullish Kumo breakout ONT ETH 1D* Heikin Ashi + TrendMaster setup is bullish
* Ichimoku setup is bullish
* Signal strength going from normal/neutral to strong if we get this bullish Kumo breakout
Thoughts? Thanks
GAS USD H4 trade setupPracticing more and more with TrendMaster, Heikin Ashi candles and Ichimoku. TL;DR—bullish signals.
Thoughts? Thanks.
TrendMaster testing on VET H4* Above Ichi and EMA
* Highlight signal candle
* Entry on ATR above it (long entry)
* Stop on prev candle's close, still inside the signal candle's body
Thoughts on how you'd set this up? Thanks
Giving TrendMaster indicator a go w/ H4 ETHUSD chart* The TrendMaster indicator is by twitter.com
* They're helpful and have a pinned post on how to set it up
* They've written or still writing a in-depth way to use for trading the trend
* Great to use on longer time frames (weekly, daily); H4 for short term
Regarding the chart, ETH has broken its uptrend with resistance from the cloud. Its currently on its down trend. I've noted possible support levels based on the previous trend.
Anyone else have tried it? Thoughts? Thanks
