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Current chart setup that has taken a long time to perfect This charting setup works amazing on all timeframes. The goal was to pack as much USEFUL information into the chart as possible, without it being confusing, staying easy to use and read and being visually pleasing. Modified indicators are as follows - 1. Divergence for many v4 2. Suite and dashboard w/ inputs for S&R, Bollinger heatmap, fib retracements, 9,21,50 EMA's. Dashboard to right reads Volatility %, RSI level, VWAP and trend for all timeframes. (Can be buggy- check trends while on 15 min chart) 3. RSI bars with custom settings Lower half - 1. RSI Divergence (custom settings) 2. AK Trend ID (is just a custom macd really, but gives a good visual representation) 3. MFI with custom settings. I wont go over how to use everything in conjunction right now. (Saving that guide for a later date) Enjoy, DJ (CryptoSavvy)
Education
by clardonald20
3
The Art of Technical Analysis for Beginners part 1Hey Traders so today I wanted to make a brief tutorial on technical analysis for those who are new to trading. This will be a short series that gives you the tools to understand the charts without any indicators ever needed. This analysis can be applied to all markets Stocks, Forex, Commodities, Crypto etc... Be on the lookout for future videos in the series and I hope it helps those who are new to trading! Enjoy! Trade Well, Clifford
TVC:USOILEducation
by TradeTheIndex
10
2 BULLISH BREAKOUT PATTERNS..A.TRIANGLE/INVERSE HEAD & SHOULDERHEY GUYS JUST A QUICK COUPLE OF PATTERNS I FOUND FOR TONIGHT AND TOMORROW, i have added the targets and the stop losses for you all, these patterns will breakout sometime tonight into the open in the morning tomarrow, there is 75-80% chance of this playing out exactly, once we hit our first target from the ascending triangle the target puts us above the neckline of the head & shoulders and this should be a huge 25% pump, so if u are trading with leverage and only use 4x then u will be looking at a 100% return and if u do 8x u will pull a 2x 200% return with a very high risk to reward, with high profits and little risk because the stop losses are in prime places to give you a 2%-25% RISK/REWARD.i hope you all capitalize on these awsome patterns and trade im giving you, u can thank me in the coments, also im still looking for the huge HEAD & SHOULDER ON THE DOGE DAILY CHART TO REALLY BREAKOUT, THE NECKLINE HAS BEEN BROKE BUT NO VOLUME YET TO SET THAT TICKING TIME BOMB OFF OF A TRADE, SO IF U TAKE THAT U CAN ALSO THANK ME IN THE COMMENTS AND HIT LIKE WHILE FOLLOWING MY TRADINGVIEW POSTS AND TRADES. THANKS SHA256BITTRADER
ELong
by TRADERBUG_TECH
To add & pin yours or other's published ideas to your chartHello traders. I had a hard time to figure out how to add and / or pin my ideas and other people that I follow to my chart. Here are the steps. 1- go to the "Ideas Stream" tab on the right side of your chart. 2- There is a "Light Bulb" icon all the way on the top and click on the drop-down menu next to it. 3- Select desired option. Few important points: A- It works for your private or public published ideas as well as other people that you follow. B- On the chart, the Published Idea (yours or others) will appear on which ever "Time Frame" t ( Daily, 4H, 1H ..) it was published. C- You can't publish on less than 15 Minutes Time Frame. D- The ideas will appear on the specific candle as a "Upside Down Triangle". If you hoover your mouse it will pop up. E- You can pin the idea to your chart to show all the time. Once you hoover over the triangle, it will pop up and you can see the "Pin" icon to pin the idea to your chart. You can unpin it the same way.
Education
by Ha-Lion
1
GPX Strategies Analysis GP Strategies Corp (GPX) *This is not financial advice, so trade at your own risks* *My team digs deep and finds under the radar stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* We have had eyes on GP Strategies Corp for some time now. We're tackling this bad boy by buying dips from the $14-$16 range, and have set our first take profit at $19.5. Let us know what you guys think below and subscribe for more!
GLong
by SimplyShowMeTheMoney
1
A Quick Guide to Multi-Timeframe ScalingQuick Intro =========== Regardless of what type of trader we are, most of us will look at the same chart in different timeframes to help make the "case for a trade". The risk of doing so is that we need to understand the fundamental concept of Multi-Timeframe Scaling (let's call it MTF scaling) as we inspect the various timeframe charts of the same underlying, otherwise, we risk receiving confusing signals - that rather than helping a trade decision, will possibly hinders the decision, if not even triggering the wrong decision. This concept has possibly been published about here before - i though it won't harm to put together a quick primer / reminder if it helps some of our new fellow traders on TradingView - if this sounds interesting, please read on. What do I mean by Multi-Timeframe Scaling? ------------------------------------------------------- in my trading, and as i check if there's a good trade to make on, say TSLA- i would first look at the daily chart -- cause i'm a position trader. is there a trend forming? has there been a recent consolidation? is there a possible breakout soon ? ..etc i then "zoom-out" to a larger timeframe -- say the weekly chart. i need to see the prevailing sentiment and the "context" - this is important because even if it looks like a bottom is forming on the daily, if TSLA on the weekly shows a diminishing momentum, i would avoid making a long trade assume the larger (weekly) timeframe is favorable -- so i will then "zoom-in" to find an ideal entry - using a smaller timeframe chart - the 1hr or 15mins so what did we do here: ===================== Larger timeframe = Context and prevailing sentiment Medium timeframe = Trade Decision Shorter Timeframe = Trade Execution i will do the same for exits as well - i assume most traders have a similar "protocol" before they hit the trigger - but may use different "preferred set of timeframes" based on the type of trading -- day traders may use 15min for trading, with 1min for execution and 1 or 2Hrs for context -- swing traders may use 1hr for trading, with 10 mins for execution and 1 day for context and so on .... the problem for many traders, as they switch between the charts of various timeframes is, they will see conflicting signals .. the indicators/charts many of us use are usually not "sync'ed" - to demonstrate how this looks like, look at the chart on top - to demonstrate what happens when there's lack of indicator scaling across the timeframes, i used a 3-SMA basic system -- but the same concept applies for any indicators you use (RSI, MACD, ADX/DMI, Stochastic)....etc -- the list goes on :) -- so what's wrong here and how can it be fixed? ---------------------------------------------------------- There's nothing "really" wrong, it's just there's an element at play that we may not be aware of here - We need to get very familiar with that concept of "MTF scaling" when we switch between different TF charts - the concept is really simple, and the key is the "scale factor" the 1 day chart has 7 x 1hr bars (for stocks) -- so, for example, if i look at an SMA or EMA of length 9 on the daily chart, i need to look at the
Editors' picks
NASDAQ:TSLAEducation
by RedKTrader
67
How to Color Grade your Charts & IndicatorsHello everyone, in this video we are going to talk about the possibilities to personalize your charts and therefore improve your own strategy (emotionally) and the attractiveness for other traders. Feel free to check out the previous two videos where were talking about trends, candlestick- and chart-patterns. Cheers, Ares Basic understanding of Candlestick- and Chart-Patterns How to scale your charts & use the right timeframe
Editors' picks
OANDA:XAUUSDEducation
by Anton_XBT
39
Nzdusd...more downside if break lower!Short short...Likewise for AUDUSD If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
$XRP PT .90-1.15 next leg up, momentum in up-trending channelRipple’s XRP slipped by 0.04% on Thursday. Partially reversing a 1.14% gain from Wednesday, Ripple’s XRP ended the day at $0.57008. A bullish start to the day saw Ripple’s XRP rally to an early morning intraday high $0.59411 before hitting reverse. Ripple’s XRP broke through the first major resistance level at $0.5900 before sliding to an early afternoon intraday low $0.54864. Steering clear of the first major support level at $0.5390, Ripple’s XRP recovered to $0.57 levels to limit the downside. At the time of writing, Ripple’s XRP was down by 0.27% to $0.56856. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.57270 before falling to a low $0.56828. Ripple’s XRP left the major support and resistance levels untested early on. For the day ahead Ripple’s XRP will need to move back through the $0.5709 pivot level to bring the first major resistance level at $0.5932 into play. Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.59 levels. Barring an extended crypto rally, the first major resistance level and Thursday’s high $0.59411 would likely cap any upside. In the event of an extended rally, Ripple’s XRP could test resistance at $0.62 levels before any pullback. The second major resistance level sits at $0.0.6164. Failure to move back through the $0.5709 pivot would bring the first major support level at $0.5478 into play. Barring an extended sell-off, however, Ripple’s XRP should steer clear of the 23.6% FIB of $0.5320. The second major support level sits at $0.5255. Looking at the Technical Indicators First Major Support Level: $0.5478 Pivot Level: $0.5709 First Major resistance Level: $0.5932 23.6% FIB Retracement Level: $0.5320 38.2% FIB Retracement Level: $0.4632 62% FIB Retracement Level: $0.3521
KRAKEN:XRPUSDLong
by UnknownUnicorn19246015
USDCHF likely has somemore UP sideUpside on its way...at least to 0.905 first... If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
2
Charting Basics – Bars vs. CandlesticksCharting Basics – Bars vs. Candlesticks Charting Basics – Bars vs. Candlesticks Services Online What are bars and candlesticks? A chart is a graphical representation of historical prices. The most common chart types are bar charts and candlestick charts. Although these two chart types look quite different, they are very similar in the information they provide. Bar and candlestick charts are separated into different timeframes. Each bar or candlesticks represent the high, low open and close price for a specific period of time Charting Basics – Bars vs. Candlesticks candlestick trading Understanding Forex Charts When looking at a daily chart , each bar/candle represents one day of trading activity Charting Basics – Bars vs. Candlesticks gold trading basics When looking at a 15min chart, each bar/candle represents a 15 min period, or session, of trading activity. Why are bars and candlesticks important? Technical Analysis includes the study and mapping of trends and price patterns through various technical indicators, or studies. This relationship between price and time can help traders not only see and interpret more data, but can also help pinpoint areas of indecision or reversal of sentiment Charting Basics Bars vs Candlesticks Pound Set to Snap Losing Streak Vs US Dollar COVID-19 (This will be discussed in more detail within the Understanding Candlesticks section of the course) As a result, technical analysis is used to help determine the probabilities entries and exits in order to develop a strategy, or methodology forex trading signals Candlesticks Trading Bearish candles are typically red. It means the opening price was higher than the closing price for the specified time interval. Bullish candles are typically green. It means the opening price was lower than the closing price for the specified time interval Charting Basics Bars vs Candlesticks Technical Forex Strategies Charting Basics Bars vs Candlesticks Social trading Live Forex Signals Social trading involves the free sharing and using of information amongst a group of traders. The information provides access to new trading ideas, risk management and client sentiment. Social trading integrates the exchange of information into an online discussion. It creates a community feeling as traders can work together to plan specific trading ideas. In addition to sharing research, traders can also pool funds to generate greater gains. Social trading is a broad category of trading and can include elements of copy trading and mirror trading. Traders can share information about individual trades that can be copied by other traders, or specific trading strategies that can be mirrored by other investors. Social trading can span the foreign exchange markets, as well as stock and commodity markets. Is social trading profitable? There are several benefits associated with social trading. Even if one is not open to online social interactions with other traders, there are specific aspects of social trading that can be beneficial. Social trading chatrooms with a moderator allow traders to follow trades and ask questions. This can be a good way for novice traders to learn more about trading and how to make profitable trades. How does social trading work? Social trading is generally performed on social trading platforms. Investors can trade within a community and replicate the style of expert traders. Moderators, who are usually experts, drive these discussions. Social trading can also involve aspects of copy trading and mirror trading. An offshoot of social networking, social trading has created a different way to test financial information. In the past, investors would focus either on fundamental analysis or technical analysis . With forex trading, however, traders can share information about the current market environment and offer insight into future market movements, thus driving trading decisions. For some traders, it has changed the rules of analysis. Most social trading takes place online. It provides traders with psychological support and can offer different points of view. By emulating some of the techniques learnt in a social trading environment, traders can often improve their trading strategies, risk management techniques and trading psychology . Forex trading focuses on short-term trading. This can in turn provide additional liquidity to the markets. Using social trading, one can also access the historical performance of members and can see the returns produced by specific strategies. Social trading forum Social FX platforms often provide a chart forum and social newsfeed. Members are constantly providing information about a specific subject. Traders can post their trading ideas as well as information to back up their thesis. Below is an example of a social trading interaction inside our online Next Generation trading platform, on the trading forum. Traders can engage with other traders and our market analysts to discuss the price evolution of the financial instruments that they are currently watching. Create a live account to access this exclusive feature of our platform. It can be used as a forex trading forum, stock trading forum, or for any other financial market that you are interested in trading. Social trading vs copy trading With FX trading, one can garner ideas from many social trading networks. Copy trading, on the other hand, involves solely copying the trades of another investor. The goal of copy trading is for the trader to have the same positions as the investor they are copying. When copying another trader, one doesn’t receive the layout of the trader’s strategy and follows their trades blindly. Traders can also invest their capital in a thematic investment. These are funds that turn capital over to specific traders who then act as portfolio managers. In essence, one is participating in copying funds. This is a bit like a funds investment, but instead of investing in hedge funds, one is investing a pool of capital into a fund that copies multiple traders. This provides diversity in copy trading and allows returns to be uncorrelated. Traders can perform this on their own, but it’s imperative for traders to ensure that they are not putting all their eggs in the same strategy basket. What are the risks of social trading? Like any trading activity, there are risks involved in social trading a market. Whether when copying another investor’s strategy or using the information to create their own trading decisions, traders should understand that there are risks involved and subsequently create their own risk management strategy. All trading leaders will, at some point, lose money. Individuals should feel comfortable that the risks are in line with their individual tolerance levels. The more capital risked, the greater the reward. They should also be aware that some social trading platforms charge a fee. When allocating capital to forex trading, traders should start with determining the amount of capital they are willing to lose to generate the gains they are looking to achieve. They must also be realistic. For instance, a trader cannot expect to risk $50 to make $5,000. Traders should carefully look through the risk profiles associated with different social trading leaders and see if they are in line with expectations. While one can set up an algorithmic trading mechanism, it is considered unwise to leave money unattended. As a very minimum, it is recommended that traders check their trades at least once every day. The best due diligence is to understand the logic behind the trading decisions made by a leader, and to be interactive in asking questions about the strategy one is using. Summary Social involves the sharing and using of information amongst a group of traders. There are several types of social trading, including strategy mirroring and copy trading. The information provided in social trading allows access to new ideas, risk management, and sentiment. Social trading can drive a community feeling as investors work together to formulate specific trading ideas. News feeds in social trading platforms offer access to real-time ideas that describe a strategy in detail. In addition to sharing research, social trading can also involve pooling funds to generate greater gains. Social trading community Some platforms provide a search criteria so traders can customize their social trading experience. Traders should test drive their trading for a while first before they start copying other investors. Traders should also ensure that the risk score is in line with their expectations and the maximum drawdown is not outside their tolerance level. This can mean that they have an average return of 20% annualized but will regularly make and lose more than 50% on their trades. If the average return is 20% and the standard deviation of the returns is 50%, the Sharpe ratio is 0.4. Why trade CFDs on currency pairs? If, on the other hand, the average return is 20% and the standard deviation of the returns is 10%, then one will have a Sharpe ratio of 2. This is very good. The maximum drawdown offers information about the peak-to-trough drop. One should understand that if a leader has a maximum drawdown of 30%, a trader copying this person’s trades could lose 30% from peak-to-trough. MT4 Copy Trading In our interactive trading platform, our forex trading community and stock trading community are particularly popular in comparison with other assets. You can access forex commentaries and stock market chatrooms to keep up to date with the latest news and analysis of the financial markets. using forex signals
BITFINEX:XRPUSDEducation
by fxpremiere