COMBINING MULTIPLE TUTORIALS Price/HighMBL crash, overbought TDI:RSIPL indication = MUST SELL with use of lower time frames. Trading a retracement (into HighMidline) is not really recommended, your'e not trading a reversal so its highly risky to countertrend trade against the main trend. Price under HighMidline, with 'TDI overbought indication = MUST SELL...
The basic function/use of HighPhaser: How to use HighPhaser Price trends steadily above HighPhaser, then, crosses under HighPhaser but follows it. Price attempts at making HighPhaser support for more moving up, but it then breaks it to fall more. USDJPY Uptrend: USDJPY Downtrend:
We here learn to observe the higher time frame 360, and analyse 1D that RSIPL are crossed down parallel. So lower than daily time frame= 540, 360 allows for trend entry at a 360 RSIPL and 'TSL initial cross down for max profit. On 180 as on 360 allowed for entry using the RSIPL/TSL crosses down. Also observing Phaser very near price as it 'pushed' priced down...
Traders Dynamic Index serves for crossover signals and are essential for trade entries and most beneficial when identified on over 30-minute Time Frames as on hourly time frames. I have made the options available of the oversold (green) 32 level line overlay which is useful in identifying potential buy zones/price. In KK_Traders Dynamic Index_Bar Highlighting it...