Here is an option strategy with the help of 4 indicators
Commodity Channel Index
Distance to Upper and Lower Bollinger Band
DMI
Parabolic
First I look at the emergence of a trend change through the Parabolic
Then I look at the 3 other measure of strengths
Most of the time selling naked works .
I am expecting my DMI indicator to move into green. Then by next week should it move back to red, I will act accordingly
Commodity Channel Index
Distance to Upper and Lower Bollinger Band
DMI
Parabolic
First I look at the emergence of a trend change through the Parabolic
Then I look at the 3 other measure of strengths
Most of the time selling naked works .
I am expecting my DMI indicator to move into green. Then by next week should it move back to red, I will act accordingly
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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.