NYSE-OI - a good time to buy! (indicator Thewaved)
The last signal to buy on this strategy was given September 15.
The price of the asset at the time of entry into the trade was 18.29.
Our goals for this trade are as follows.
Take-Profit is set at 36.6.
and Stop-Loss Order at 15.5 At the moment, the the asset price has fallen slightly from the signal level, and this happens quite often before the trend reversal. This suggests that now the conditions for opening a Long position have become even more profitable than by signal. And that means you can enter the position from this level with a good discount. And if we look back, what are we observing then After a great signal that gave us profit of 100%, we closed one deal by a small stop and again entered the deal. It is excellent that our strategy has a risk-profit ratio is one to seven and allows you to easily cope with small losses. And the most important thing that I want to mention is that the price of the last entrance to the position is below the previous exit, and this almost always suggests that the signal will have a profit if no unpredictable events happen. And now let's move on to the most important part, statistics.
What do we see from the results The total income on strategy we have 384.09%. The percentage of profitable trades is not so important to us, since the general profit is satisfactory. The profit factor equals 1.506
and this is an excellent result.
And all the closed trades in our strategy are 61.
The price of the asset at the time of entry into the trade was 18.29.
Our goals for this trade are as follows.
Take-Profit is set at 36.6.
and Stop-Loss Order at 15.5 At the moment, the the asset price has fallen slightly from the signal level, and this happens quite often before the trend reversal. This suggests that now the conditions for opening a Long position have become even more profitable than by signal. And that means you can enter the position from this level with a good discount. And if we look back, what are we observing then After a great signal that gave us profit of 100%, we closed one deal by a small stop and again entered the deal. It is excellent that our strategy has a risk-profit ratio is one to seven and allows you to easily cope with small losses. And the most important thing that I want to mention is that the price of the last entrance to the position is below the previous exit, and this almost always suggests that the signal will have a profit if no unpredictable events happen. And now let's move on to the most important part, statistics.
What do we see from the results The total income on strategy we have 384.09%. The percentage of profitable trades is not so important to us, since the general profit is satisfactory. The profit factor equals 1.506
and this is an excellent result.
And all the closed trades in our strategy are 61.
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.