Trade like a BOSS, Heffae Tip for Perfect trade entries & TA
Updated
Pro-Tip on getting a better view when there is an interaction with Heffae Clouds.
Reduce the chop and set tighter stops that are hit less often.
Shaded cloud & intercloud paths are drawn 124 Hours (5.1 Days) in advance with 4H timeframe.
Heffae's clouds is not a "moving average" indicator... the paths are discrete adaptive support and resistance, where price interaction with the paths determine the probability of future price movements.
s3.amazonaws.com/tradingview/snapshots/y/YIhVh20j.png
In this example,
Left is 15Min chart with Heffae Cloud set to the 4 Hour Timeframe. The right chart is set to 4 Hour matching the indicator Timeframe.
You can see that within a single 4H candle, the price is interacting with the 4H paths in a obvious "validation - conformation - invalidation" way, with the 15min candles.
This view lets you make precise entries / exits on path interactions like this one. Instead of waiting for the candle structure on indicator timeframe to confirm the path interaction, this strategy allows you to see how the price is dancing with the indicator in a much more detailed way. Using this strategy will completely eliminate false signals, as a trade entry from path conformation can be quickly reversed if that path is violated.
The v1.02 update maintains the cloud path geometry as well as predictive (leading) offset when "Use Chart TF" is turned OFF:
Enter the timeframe Heffae Clouds should indicate in "Non-Chart TF" - This must be done in minutes, so 240 = 4H, 360 = 6H, 480 = 8H and so on.
imgur.com/a/AIyLEs9
Reduce the chop and set tighter stops that are hit less often.
Shaded cloud & intercloud paths are drawn 124 Hours (5.1 Days) in advance with 4H timeframe.
Heffae's clouds is not a "moving average" indicator... the paths are discrete adaptive support and resistance, where price interaction with the paths determine the probability of future price movements.
s3.amazonaws.com/tradingview/snapshots/y/YIhVh20j.png
In this example,
Left is 15Min chart with Heffae Cloud set to the 4 Hour Timeframe. The right chart is set to 4 Hour matching the indicator Timeframe.
You can see that within a single 4H candle, the price is interacting with the 4H paths in a obvious "validation - conformation - invalidation" way, with the 15min candles.
This view lets you make precise entries / exits on path interactions like this one. Instead of waiting for the candle structure on indicator timeframe to confirm the path interaction, this strategy allows you to see how the price is dancing with the indicator in a much more detailed way. Using this strategy will completely eliminate false signals, as a trade entry from path conformation can be quickly reversed if that path is violated.
The v1.02 update maintains the cloud path geometry as well as predictive (leading) offset when "Use Chart TF" is turned OFF:
Enter the timeframe Heffae Clouds should indicate in "Non-Chart TF" - This must be done in minutes, so 240 = 4H, 360 = 6H, 480 = 8H and so on.
imgur.com/a/AIyLEs9
Note
LINK TO INDICATOR>>>>>>>>
LINK TO HEFFAE CLOUDS TA CHAT ROOM (just started this, say hi!)>>>>>>>>
tradingview.com/chat/
LINK TO HEFFAE CLOUDS ACCESS INFORMATION>>>>>>>>>>>>>>
pastebin.com/UH6qDMwS
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
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