ICHIMOKU-DMI-RSI-setupWhen DMI is above 20
and top of Histogram sticks on DMI = Green --- go Long
and top of Histogram sticks on DMI = RED --- Short
NOTE: If candles are far away from cloud, try to wait for a better entry, as candles move toward the cloud and thru moving averages for support/resistance entries.
If DMI is below 20 , no entry
Above the cloud is long, Below the cloud is Short
As candles move thru the cloud, long or short, enter as it exits the cloud, then use the cloud edge as stop loss.
Use the RSI as it nears top or bottom for possible long/short exits.
BUY and SELL triangles to help with possible entry / exit points.
120 day MA added for reference point to
I mostly use this on 1 min, 3 min and 5 min for daytrading futures, stocks. Can be used on anything. Higher time frames are more for swing trading.
Cloud
How to use Chobotaru IndicatorOur indicator can now be used by everyone.
There are a lot of indicators trying to predict what will be the range of the stock in the future.
Some of the indicators, that are well known, are using STD of volatility like Bolinger Bands or using an advanced simulation like Monte-Carlo, and others that are using different methods.
Our approach to this subject is different. There is an official volatility predictor called Implied Volatility. (I explained it in a different post)
This number can be seen in the options chain in your broker platform. You don’t need to trade options to use this indicator.
This indicator shows you a probability cloud, giving you the probability of the stock moving to a certain price.
This can help in several ways like determine if your target price is possible, where to put stop-loss, you can also use other technical analyses, like support and resistance to choose which area is best for your trade. The sky is the limit.
We tested it on 30(+/-10) days of small market cap and higher. In our testing, the price finished inside the range more than 80% of the time (the result are higher but I’m trying to stay conservative).
The user can choose a different option’s time period than 30 days, but the longer the period the higher the chance for a rare event that is not currently priced in.
The indicator is based on the partial differential equations from the mathematical model of options, the Black-Scholes model.
In simple words, the prices of options give you some indication of how the market thinks the stock should perform. If you take the implied volatility and insert it into the indicator, you can see the probability range, transforming this data into a visual representation.
What inputs do you need to enter?
Instrument price –
The current price of the stock or futures contract.
In this example, the close price of the SPY on March 30, 2021, is 394.73
The interest rate –
Searching in google: “U.S. Department of the treasury daily yield curve rates”, Use the 3-month value (of the day of the entry or day before).
On 03/30/2021 the 3-month value was 0.02%
Days to expire (minus trading holidays) –
At the end of 03/30/2021, I searched for the option that is the closest to 30 days on the SPY. The option that ending on April 30, has 31 days, in this period we have a holiday “Good Friday”, so I subtract the original number of days from the holiday, 31-1 = 30
Implied Volatility –
This number in your trading platform will usually be shown in a percentage, you need to enter a positive decimal number.
In this example, the implied volatility of the option was 15.2%, the input is 0.152
The date – The last thing is the date of the entry, in this case, Day – 30, Month – 3, Year – 2021.
This indicator can be used on daily bars and everything smaller than that. We recommend using it on daily bars.
Try it for yourself on your charts and share your result, if you have any questions, tell us in the comments.
DFT - BTC is my "White Swan"I take a risk on this publication as nothings is closed yet :p! But it wouldn't be fun otherwise.
Cross between short term and medium term buyers, both building up.
-Test of the ascending trend MA(128): Hold ok (for now)
-Pull back above the ascending trend MA(64): I expect a stick along this trend for now as the R/R is now affordable.
-Both volume and price resultants for the current holding price trend are finishing to bottom (see cross section in middle indicator)
-Volume Res. Clouds and Price Res. Clouds are good enough, don't see yet any risk of huge correction but more a nice squeeze "des familles".
GL
BTC FFT super cycles - Dephasing model!This is not a target, it's just the last rope which gonna hold the next Cycle!
The buyers/sellers resultant= 0 is our next support bottom (We have time but keep it in mind ;) ).
The new rope itself could be the resistance aswell but it will mean nobody care of the BTC anymore, then a last intermediary resistance in the node (buyers = sellers) is my most likely target for bottom (Once you see the existing rope break on after the other).
Nb: Don't imagine BTC cycle with one period and one frequency but plenty with new one coming to complexify the equation in every cycle! It's more complicate than a W our a Diamands pattern than everybody try to sell you on Twitter ;)! The market is dephasing with different kind of buyers, sellers which all belong to a frequential waves system based on for example day/night, Kondratiev cycle, institution market closure, futur, payday...IA bot. Soon it will be unreadable in Micro market by too many variables and finally perhaps people will stop speaking about "manipulate market".