Anasforex
Anas 3 moving average this 3 moving average will give signal to buy and sell if
1- 3 lines in sequence .
2- the candle is in the same direction and the pattern of candles is in the same direction .
so its uses candle patterns and the sequence of the moving average .
if used for intraday trading its recommended to use Anas ATR forecast with it
if signal came after the first target in white , its not recommended to open trade its 62 % of daily ATR .
recommended to take profit at second level .
stop lose its recommended to be previous higher high or lower low or the slowest moving average .
ATR as intraday targetusing ATR as intraday target is proven to be logical , but the price is not reaching full ATR every day , I noticed that in the low days is reach about 62% of ATR , and normal days it reach 100%
and high days it may reach 162 % , in extremes it may reach 240 % .
but daily ATR of 14 days will delay the variation of the indicator , so my approach the the intraday 1 hour candle ATR in wave oscillation it will oscillate between 62% and 38 % in the candle patterns
so max wave will do 38% pullback , min wave will do 68% pullback , normal wave will be mix of 38% and 62%
so its used to forecast daily coming ATR , min and normal and max ATR
trending is persistence moving average is the simplest tool to follow up price BTC still in persistence to be over 20 MVA line .
if it comes bellow it for 2 days in sequence and did not touche the moving average line so the uptrend will not be there any more .
so it may consolidate or down trend , depends on how long it remains fully down there .
the more it stay down the more the down trend is in persistence .
trend is about persistencetrending is persistence behavior over time , it must be repeated at least twice in sequence
