Trendoscope

Trendoscope

Wizard Updated 

Negatives Broken trendline Unhealthy trend over past two years Bearish sentiment over increase in interest rate Positives Just above a critical support area In potential reversal zone Too much bearish sentiment and possible exhaustion Probabilities If drops below 15000, can slip another 1k close above 15350 either today or tomorrow...

Trendoscope

Wizard Updated 

Really interesting scenario where hourly timeframe has complete opposite trend of daily If you look at hourly chart, Clear visible downtrend channel Price is just below upper trendline of downtrend channel Multiple bearish patterns suggesting downward price movement If you look at daily chart, Clear visible uptrend channel Price just above lower...

Trendoscope

Wizard Updated 

Daily Chart - Bullish Sentiment Broken resistance Broken declining pivot high trendline  Bullish Gartley pattern setup - but already have run up to target 1 Hourly Chart - Mildly bearish sentiment Seems to be rejecting under horizontal resistance High volume on previous extreme candle - may signify temporary exhaustion Bearish Harmonic...

Trendoscope

Wizard Updated 

Oversold at present. Hence, will be selling 110 PUTs expiring in month time. RUT is the only index oversold among other major US indexes (SPX, DJI and NDX). If assigned will sell 30 day calls for 110. Tripple leveraged - trade with caution and with proper risk management.

18:38

Trendoscope

Wizard

Have made this video to give brief demonstration on Auto Harmonic Projections. Hope you enjoy the video and the indicator. Please let me know if you have any questions.

11:37

Trendoscope

Wizard

Hi All, I have created this brief video to demonstrate how to use manual harmonic patterns and projections scripts. Hope this is useful and please let me know your feedback :)

15:10

Trendoscope

Wizard

Hello Traders, This video provides a brief explanation on the latest indicator Auto TrendLines and Support Resistance-Ultimate Most of the things about settings is already available in the description. Hope you enjoy the video and learn few things from it. Merry Christmas and Wish you happy new year :)

Trendoscope

Wizard

Hope I won't jinx it. Also, have a look at the snapshot of crypto strength meter.

Trendoscope

Wizard Updated 

This is an experimental procedure based on fundamentals. Since, there isn't much option to backtest these methodologies, I am trying to create a trade and then measure performance over long period of time. Magic Formula investing method is invented by Joel Greenblatt . In a nutshell strategy does following: Rank all the stocks based on Return on Capital ...

Trendoscope

Wizard

Just out of danger zone. One last chance to move up - also means high reward per risk. Good to start with small position!!

Trendoscope

Wizard Updated 

Charts look absolutely similar between iron futures and iron mining companies. SGX:FEF1! ASX:FMG (Australian Iron Giant) ASX:CIA (Australian Mining Company) - in the main chart NYSE:VALE (Brazilian Iron minor listed as US depository) Looking at Iron future's previous retracement - which is almost equal to 0.786, we may be in the oversold...

18:58

Trendoscope

Wizard

Thanks for watching the video. I will just highlight the key differences between Auto-Harmonic-Patterns-V2 and Auto-Harmonic-Pattern-Ultimate-Trendoscope . Most of the other information is already available in the description of the script. Please read through them and let me know if you have any questions. Key improvements on new version are: ▶ Whole pattern...

Trendoscope

Wizard Updated 

Overall Trend - ⟰ Oscillator making lower highs where price made higher highs - representing bearish divergence. Oscillator making lower lows and prices are still borderline lower low - representing multiple bullish hidden divergences. Divergences are easy to spot. But, they are often overridden by hidden divergence which comes soon after. This happens because...

17:55

Trendoscope

Wizard

Here is a short video on basics of divergence and how to use Zigzag Trend/Divergence detector script. Most of the things mentioned are already available in the indicator description. As mentioned many times, just follow the cheat sheet:

09:29

Trendoscope

Wizard

Hi All, Please go through the HOW-TO guide for statistical study created based on drawdown from ATH. I will be using this in coming videos on Fundamental strategies. Thanks

20:06

Trendoscope

Wizard

Hello traders, Although I am technical trader, I have been taking some interest in fundamentals, trying to learn few things here and there. Tradingview also has lots of fundamental information which are available in regular stocks page, in screeners, and also accessible via pine script. Though I have published few ideas and scripts related to fundamentals, I am...

Trendoscope

Wizard Updated 

Two of my scripts giving long signal. Could be start of wave 3. Multiple harmonic patterns forming to suggest long

Trendoscope

Wizard Updated 

I would wait for retracement from 0.5 to 0.78. However, following purple lines, can this be a bigger Wave movement. Also, a clear double bottom. followed by break above neckline and retest. Cannot get clearer than this.