LOV (law of Vibration).
RULES
IF price goes above a 45 degree diagonal, it is a bullish momentum
IF price goes bellow a 45 degree diagonal it is a bearish momentum
(the chart needs the right ratio in scale considereing time, price, tick all together)
the rest depends on the trader temperament.
OR wait a close to confirm to enter.
OR enter when cross a 45degree and a horizonal square of 9 support/resistence
OR (_______________________________)
the mechanical rule is simple:
above 45degree buy
below sell
RULES
IF price goes above a 45 degree diagonal, it is a bullish momentum
IF price goes bellow a 45 degree diagonal it is a bearish momentum
(the chart needs the right ratio in scale considereing time, price, tick all together)
the rest depends on the trader temperament.
OR wait a close to confirm to enter.
OR enter when cross a 45degree and a horizonal square of 9 support/resistence
OR (_______________________________)
the mechanical rule is simple:
above 45degree buy
below sell
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.