Bill Williams Indicators
Long GOOGL @ 105GOOGL just crossed earnings without surprises. It also crossed the last 2 daily fractals at the 100 price mark.
On the weekly it is likely to close today above the red line, which sets us on the positive side on both the daily and weekly charts. The weekly chart appears to have good energy accumulated.
As always, target and stop loss is crossing below the daily red line, whenever it happens.
We have a hidden divergence in THETA/BTC - short termHello my friends, I saw a hidden divergence between the momentum indicator and the THETABTC price chart, and on the other hand, the indicators are giving bearish signs. The price of this instrument, if an uptrend wants to move forward based on its hidden divergence, will move up to the moving average of the Alligator indicator, but will return again. The overall and longer-term view is that it will continue in the square and neutral trend.
Average True Rangehe Average True Range is a volatility indicator measuring how much the price of an asset has moved over a certain number of periods, in other words how volatile the asset is. It was created by J. Welles Wilder and was featured in his book “New Concepts in Technical Trading System”. It was originally designed as a volatility indicator able to capture gaps in commodities, since a volatility formula based solely on the high-low range would miss that movement. However, the ATR can be used for stocks, indexes and currencies as well.
What traders use the ATR for is to determine their profit target and the optimal price level for placing protective stops by predicting how far the asset may move in the future. The Average True Range is most commonly calculated on a 14-period basis, but as with most other indicators, it can be fine-tuned according to each traders unique trading system.
The ATR is a directionless indicator, basically a type of moving average of the assets price movement over a certain period of time, which does not indicate the direction of the trend. You can see how the ATR is visualized on a chart on the screenshot below.
As you can see, We have plotted in every opened trade the value of the ATR at that moment. We've used the default 14-period basis, which means that the average price movement over the last 14 periods ( candles ) is 151 pips for the first trade, 137,8 for the second, and 196,2 for the last one. A trader can therefore expect the price to move within the range of 151 / 137 and 196 pips during these trades, thus giving a hint of where his/her profit target and protective stops should be.
As you can see. We have used 2 methods for using the ATR on these trades.
On the first trade, we have opened a position on the pullback of the previous Resistance, the SL and the TP have been calculated using the ATR multiply one time.
151 pips for the SL and 151 for the TP.
The second trade is based on a continuation trend strategy and also on this occasion the TP and SL have used the multiply ATR 1 time.
Last trade, Again Pullback on previous support with ATR multiply 2 times.
How is the ATR calculated?
The Average True Range is calculated by estimating the True Range for each of the included periods and then finding their average using a formula, which is shown below.
The True Range is defined as the greatest of the following:
– The difference between the current high and the current low
– The difference between the current high and the previous close in an absolute value
– The difference between the current low and the previous close in an absolute value
The first scenario is used when the current high is above the previous period's high and the recent low is below the preceding period's low (the previous candle is engulfed by the current one).
The second and third scenarios are used when a gap has occurred or the current period is engulfed by the previous period. Since Wilder was interested in measuring the distance between two points, and not in the direction of movement, here we use absolute values.
After we've calculated the True Range for each period we have decided to track back, we must now calculate the Average True Range by adding these values and calculating their average (as we've already said, the ATR is a moving average of the TR values).
As mentioned before, the most commonly used and set as default in most trading platforms' period settings is 14 periods. After we estimated the ATR for the initial 14 periods, we must then use the following algorithm to estimate future values:
Current ATR = / 14
How to trade the ATR
You've already learned that the Average True Range acts as a tool to measure the degree of interest or disinterest in a price movement. This means that inspiring moves are often accompanied by large TRs, especially at the beginning of a move, while weak moves are followed by narrow ranges. This allows us to use this indicator to gauge the enthusiasm behind every move, including breakouts.
For example, a price reversal, accompanied by an increase in the ATR value would suggest strong sentiment toward that move and reinforce the reversal, while a weak ATR would suggest proceeding with caution.
This is also true when the price breaks through support or resistance. If the breakout is supported by a rise in the ATR, it will be most likely a real move, but waning support from the indicator would suggest that the breakout might be false.
BTC/USDT Future 1hr ShortBTC/USDT Future 1hr Short
Entry Price & Target All in Chart
Guy's Don't Forget to put SL in your Trade in this Market movement
I hope friends you understand my analysis.
Me & my Team trying to best analysis for you Friends.
~~Please Support Friends~~
(Not Financial Advice)
~~Best Of Luck~~
!! Thank You !!
ShortLike silver, gold also has some top deviations, namely, rsi and macd. At present, it is best to wait until the rebound occurs, and after the effective fractal falls below 1h, and then measure the resistance back to short, which is the most prudent approach. It doesn't matter if it is against the trend.
ShortThere is a deviation between the RSI and the MacD in 4h, so it is expected to start a callback. However, we need to rebound and measure the resistance before further correction. If the chaos trading method is used, you can wait 1h for an effective fractal breakthrough before going short. The reverse trend is best to follow after a breakthrough.
The Mexican Peso is set to explode The USDMXN is trading low and touching a big support around 19.4. Both the Williams %R and the Bollinger Band Percent (BB %B) are trading at the low part, indicating a potential buy zone. I see a possible return to at least 19.7 pesos per Dollar in the short term. Overall, I'm of the idea that the Mexican Peso is going to lose value eventually, as other currencies are doing, it is just a matter of time before the explosion takes place.
avax usdt👌avax Usdt
🌹Smart capital management
Leverage 3
✅short term (short)
🔵amount : 1
🔵min balance : 1000$
🔵up:20
🔵down :14.9
🔵Order difference : 0.1%
🔵Order sell: 0.2%
🔵tp:10$
✅mid term (long)
🔴amount : 2
🔴min balance : 1000$
🔴up: 22
🔴down : 14
🔴Order difference : 0.2%
🔴Order sell: 0.5%
🔴tp:150$
✅long term (long)
🟢amount : 10
🟢min balance : 1000$
🟢up:30
🟢down :9
🟢Order difference : 1%
🟢Order sell: 1.5%
🟢tp:1000$
❗Open only with bot scm
LongThe 4h gold ac deviated from the bottom and is expected to have stopped falling. At present, it is better to wait for an effective fractal breakthrough in 1h and then go long with the trend. This is safer. The advantage of doing this is to prevent false deviation, stop the decline and find a better entry point.
I have no sense of security. I can't immigrate directly, and the country may be closed immediately. I'm afraid that my family will suffer in this crazy political movement. It doesn't matter if I'm just a person, even if I'm forced to die, but I'm afraid that my family will suffer. It's really hopeless. Why do we live in such a terrible country.
LongSilver and gold will rise sharply next week. I'm afraid that the nuclear bomb will be detonated in the second half of this month. This is a very sad story, and it is also a very sad step for human beings. Hundreds of thousands of people will lose their lives instantly. If the war expands, hundreds of millions of people will die. I really don't want this to happen. I can't do anything. I just hope God will stop it.
At 12h, the ac has turned green, and the ao will turn green. At 1d, the ac also starts to grow slowly and will turn green. The ao is near the 0 axis, indicating that a large increase will begin.
Stop him, whether God or aliens.
LongGbpusd breaks through the effective upper fractal of 4h, which is represented by a green horizontal line. At present, it is in the middle of three waves of 1h, and there is still a little distance to the end. The current position is about 0.618. Based on the standard model, three waves will end between 0.786-0.886, then callback, and finally reach five waves. At present, ac shows a bullish green line of 3 for 1h, and ao is above the 0 axis, which is expected to continue to rise.
Three waves will be launchedThe eurusd 2 wave adjustment is about to be completed or has been completed. Usually 0.114 is the best signal for the end of two waves. It is explained by the chaos principle that the price breaks through the effective upper fractal of 8-12h, the green line position. At present, the red line of 8h ac has shrunk, the bottom of 4h ac has deviated, 8h ao is close to the 0 axis, and a typical 8h level 3 wave is about to start.
It's really hard in China. If you are an enterprise and you don't give part of your money to local officials, you can't do anything at all. If you bribe, you can do anything, even if it is illegal. When you have no use value, you can be arrested by tax evasion. We are too bitter. One person's resistance is to die. No one will help you, and no one is willing to risk passive resistance.Be on your guard against your government and supervise them not to let them break the law and expose it, otherwise you will be as miserable as us.