Volume Candles are a great chart type you can use to integrate volume analysis into your trading. TradingView is a superb platform that offers this chart type in real-time, so you can immediately get a completely different feel of what the market is actually doing. As an experienced trader, understanding volume candles is crucial in getting a deeper insight...
Do you think the above is a coincidence? There are no coincidences in life - only cause and effect. You are where you are because of a cause that is bound to physical and natural laws. The same pressure of physics that works on the airplane wing, or the balloon that wants to push its way up when pressed into water (pool), also works in the stock market. You...
How we have been trading Bitcoin (Daily chart) with our indicators + hand-drawn trend lines. After 10 years of R&D (we have been testing different indicators every day for a decade), we have developed our own Suite of 26 indicators. Here are just a few of them. Indicators names (from top to bottom): - Strength Shows the strength of the market, the...
Use earnings reports to your advantage. As I discussed in previous ideas, the big money at any given time will be entering the market or getting out of the market. Never both. When the earnings report is good, and the stock falls down => big money used it as a good advertisement to get out. When the earnings report is bad, and the stock goes up => big money...
We are going to discuss the concept of FAIR price and how it is related to momentum. This is also a missing piece of the puzzle related to the guppy moving averages. Which never explains the logic of fair price behind the moving averages. Just saying "traders are selling" or "investors are buying" without giving you the psychology behind the buying and selling. ...
The Puppet Master in his best work. Once you see him, you can't unsee him. Whether you are a day trader or a stock investor, you should know where the bigger player that plays the stock intends to buy or sell the stock. If he intends to buy the stock, the stock will eventually go UP. If he intends to sell the stock, the stock will eventually go DOWN. You should...
It is super important to make a NOTE of what the personality of the stock looks like. You should choose a stock with a smooth personality. Avoid stocks with schizophrenic noisy personalities. There is someone who wants to get in or get out. This someone has a plan and trades the stock according to his plan. This someone doesn't change his plan every day,...
When you buy (get-in) fresh cucumbers, you have time until they will expire. But when you need to (get-out). You need to liquidate FAST or cucumbers will rot and you cant sell them to anyone. The same thing goes for the fashion industry. When a clothes trader purchases clothes for sale he needs time to buy and ship the clothes to the store, it does not happen...
The purpose of this series is to provide insight into what price is likely to do... and more vital... what price is not likely to do... (since X is the cause and X is not existing, hence Y will not happen...) The chart is self-explanatory. IF no-one cares about the stock THEN no one will put money into it (no volume) THEN it will not rise. The BIG question is,...
A short introduction on how to set up the "Template Trailing Strategy" script with a signal indicator like the "Two MA Signal indicator". An explanation of the TMASI and its settings that are the same as the Strategy - Internal section logic of the TTS. A tutorial on creating your own signal indicator, connect it to the TTS to apply your trading logic.
In the last tutorial, we have highlighted the importance to look for stocks in a confirmed stage 2 uptrend and explained why. But how can we use technical chart analysis can be used to identify stocks in a stage 2 uptrend? US investment champion Mark Minervini developed the so-called Trend-Template which can be used to screen for stocks in a confirmed stage 2...
A short introduction on how to set up the "Template Trailing Strategy" script with a simple indicator like the RSI indicator. An explanation of the Filters section, Strategy section and Strategy - External section.
I put this together for myself to help stay organized and stick to the key plan I have for my trades. One other thing I've done is flag the coins in the watch list according to the level they are in from the template. I also printed the image itself and have been manually writing the coin name on a sticky note, moving them forward through the stages so that I...
Hi traders there are 4 color palettes here that you can use in @TradingView charts. 1. Standard green & red 2. Neon Carrot & Neon Blue 3. white & Neon Blue 4. green body & green border In future posts, I will publish more palettes in different backgrounds here. so don't forget to like this post ❤
In this video idea, I share what Indicator Templates are and how you can use them.
In this tutorial, we take a look at the Trend Line Tool and the Gann & Fibonacci Tools. Again, I discuss how to change the individual settings as well as how to save it as a template.
Hi everyone A quick post to share a story that happened less than 20 min ago. I received feedback that a follower didn't want to buy the Algorithm Builder because he "tried it and it doesn't work on the Indian market" 11 minutes later (see screenshot below), using the exact same Strategy Builder along with the Backtest (that I'll introduce tomorrow), I made...