KP3RUSD Accending with great oppositionSo this particular coin has had several moments of great success always followed by a very late egress, causing unforeseen losses and worse, I always had some strange issue with entry even though my analysis was accurate.every time. I never put anything in the DOM however, until I was ready and "LIVE" trade ready. This one has a way of adjusting slippage snuffing you out of a beautiful entry and exit with very high profit potential on a very simple trade. Limit order in on trend and sell out limit order at $15 profit 1:1 R-R Somehow I missed the last one but I was driving when my alert notified me so that became another dumb money event for me I care not to relive , and now I stand here looking at this and I am quite sure it is on it's way into an uptrend. Without spoiling the opinion of another, I would love to keep my reasons to myself and see what anyone else thinks on their technical theory with this. Do you think it's going to keep heading down again? I definitely think its about to explode much further than we could guess regardless of current knowledge suggestions or without. It is showing an uptrend and I think anyone wanting to ride that train needs to look at this constantly. Don't forget, it just jumped way up. On the 24th (2) two days ago (3-24/2022) from $395.00 up over a two (2) day period and stopped around the new resistance level of $603 and resistance is around $548 but this isn't confirmed yet so the resistance can quickly reverse or become neither and we see this jump into higher ranges which is what I think is going to happen. Any thoughts???
I nearly forgot, this has a potential for massive gains in any event this analysis is accurate just to remind anyone looking for some potential this is a good one here...Cheers
I have another account which is locked out but it's username "pneumatik"
Convergence
GBP/NZD BREAK THE 4H TRIANGLEGBP/NZD traded lower yesterday, but the slide was paused slightly above the 1.9030 territories, which has been providing decent support since March 7th. After this date , the price tested this support several times, confirmed it as strong support, and formed a triple bottom. Overall, the pair has been oscilating in trendless fashion between that barrier and the 1.9370 zones since March 4th, and thus, despite the prevailing trend being to the downside, investors will adopt a flat stance for now.
Looking at our oscillator indicators, we can clearly recognize convergence confirmed on both MACD and RSI indicators. This will pay attention to the bulls on the market, but they will start examining a bullish reversal upon a break above the upper end of the triangle, at around 1.9165. This will confirm a forthcoming higher high and may encourage advances towards the 1.9185 barriers or the 1.9350 hurdles. If neither barrier can stop the bulls, then a break higher could open the path towards the peak of March 3rd, at 1.9780.
In order to start a broken triangle is confirmed whether the prevailing downtrend has resumed, the traders would like to see a clear break and test below 1.9030. This will confirm a forthcoming lower low on both the 4-hour and daily charts and may initially pave the way towards the 1.8855 barriers. If that barrier cannot stop the slide, then its break may see scope for more significant declines, perhaps towards the low of January 6th, 2021, at 1.8615.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
A Deep Dive Into The MACD1. Introduction
The Moving Average Convergence Divergence (MACD) indicator created by Gerald Appel in 1979 (1) is part of the pantheon of technical indicators, being one of the most used and influential ever created. The popularity of the MACD allowed further studies and more varied applications of the indicator, from signal processing in neuroscience (2), prediction of hospitalizations (3)...etc.
In this post, we will highlight extensive details, calculations, and usages of this legendary indicator. If you wanted to go beyond what you learned about the MACD, then this post is for you.
Note that some contents of this post can be complex and might not suit certain readers, feel free to skip the sections of your choice.
2. Details
This oscillator returns 3 time-series, the MACD, obtained from the difference between two exponential moving averages of different periods, a signal line, obtained from the exponential moving average of the MACD, and a histogram obtained from the difference between the MACD and the signal line.
Each MACD component allows evaluating the current market trend direction, momentum, and acceleration. Many traders believe the amount of information the MACD can return is sufficient to be used as a standalone for both trend-following and contrarian trading.
In terms of digital signal processing, the MACD can be classified as an infinite impulse response (IIR) bandpass filter, filtering out both lower and higher frequency components of a signal, thus having the ability to both detrend and smooth. The MACD filter satisfies the conditions for being a discreet time linear time-invariant (DLTI) system, it is linear and time-invariant:
macd_(a + b) = macd_(a) + macd_(b) -> Additivity
K × macd_(x) = macd_(K × x) -> Homogeneity
macd_(x ) = macd_(x) -> Time Invariance
3. Calculation
The MACD oscillator is obtained from the difference of two exponential moving averages (ExpMA), one using a faster period (often 12) and one using a slower period (often 26).
MACD_ = ExpMA(price,fast) - ExpMA(price,slow)
We can also obtain the MACD from the following difference equation:
y = (price - price ) × g + ((1 - a1) + (1 - a2)) × y - (1 - a1) × (1 - a2) × y
where a1 is the smoothing constant of the fast ExpMA, a2 the smoothing constant of the slow ExpMA, and g is the gain constant obtained from the difference between the smoothing constant of the two ExpMA's:
g = a1 - a2
= 2/(fast+1) - 2/(slow+1)
4. Impulse Response
The impulse response of the MACD is the result obtained by applying the MACD to a unit impulse signal, given by the Kronecker delta function d .
d = 1 if t = 0, else 0
The impulse response fully describes the properties of the MACD and can be obtained from the difference between the impulse response of two ema's with periods fast and slow .
The impulse response of an exponential moving average h(ExpMA) over time t with smoothing constant a is given by:
h(ExpMA) = a × (1 - a)^t
As such for the impulse response of the MACD h(MACD) over time t we obtain:
h(MACD_) = a1 × (1 - a1)^t - a2 × (1 - a2)^t
Like with an exponential moving average, the impulse response of the MACD does not become steady, instead continuing indefinitely, hence why it is classified as an infinite impulse response filter.
5. Frequency Response
The frequency response of filters allows us to determine how they affect the frequency content of a signal. The frequency response can be directly obtained from the discrete-time Fourier transform (DTFT) of the impulse response, which for the MACD returns:
H(e^iw) = SUM h × e^-iwn, for n = 0 to ∞
= SUM (a1 × (1 - a1)^n - a2 × (1 - a2)^n) × e^-iwn
with w = 2 × pi × f . The infinite sum makes its direct computation infeasible.
It is generally more common to evaluate the filter transfer function H(e^iw) obtained from the Z transform given by:
A(iw) = b + b × z^-iw + ... + b × z^-iwP
-------------------------------------------------
B(iw) = a + a × z^-iw + ... + a × z^-iwQ
With feed-forward coefficient b and feedback coefficients a . This transfer function assumes a filter of the form:
y = SUM b × x - SUM a × y , for p = 0 to P & for q = 1 to Q
This is the reverse ordering used by the MACD difference equation previously described, as such the MACD transfer function is given by:
g + -g × z^-iw
----------------------------------------------------------
1 + × z^-iw + × z^-iw2
The frequency response is then obtained by evaluating the above transfer function for z = e .
5.1 Magnitude Response
The magnitude response describes how a filter attenuates the amplitude of the frequencies composing a signal. It is obtained from the absolute value of the transfer function |H(e^iw)| , that is:
|H(e^iw)| = sqrt(Real ^2 + Imag ^2)
For the MACD we obtain the closed-form solution:
sqrt(g^2 × sin(2 × pi × f)^2 + (g - g × cos(2 × pi × f))^2)
|H(f)| = ----------------------------------------------------------------------------------------------------------
sqrt( ^2 + ^2)
with A1 = (a1 - 1) + (a2 - 1) and A2 = (a1 - 1) × (a2 - 1) .
In the previous figure we can see the magnitude response of the MACD using fast = 12 and slow = 26 . This magnitude response is asymmetric, we can see attenuation of lower frequency components, and a poor attenuation of high-frequency components.
The above figure shows various MACD magnitude responses for various configurations of the fast and slow settings. We can see on the left that a fast period closer to the slow period return magnitude responses with fatter tails as well as a decreasing resonant frequency (frequency where the filter returns the least attenuation), on the right, we can see how increasing the slow period returns a lower attenuation of the peak frequency.
6. Usage
The MACD has known a wide variety of usages amongst traders, extending from trend-following to contrarian methodologies.
The most basic usage of the MACD is given by evaluating the sign of the MACD, with a positive sign (fast ExpMa > slow ExpMA) indicating an uptrend and a negative sign (fast ExpMa < slow ExpMA) indicating a downtrend. We can see that this usage does not differ from the one given by a simple MA cross strategy. The user might also suffer from the excessive lag produced by this simplistic approach.
The strength of the indicator can come from the usage of the MACD with the signal line and histogram. A timelier approach would identify an uptrend when the MACD is above its signal line (histogram above 0) and a downtrend when the MACD is under the signal line (histogram under 0). This approach makes better use of the leading characteristic of the MACD oscillator, thus offering more predictive insights. However, an increment in timing does not come at no cost, with the more recurrent of whipsaw trades.
Notice in the image above how the usage of the MACD with the signal line allows for a faster trend detection compared to using the MACD alone. We can also see how this usage of the indicator is more sensitive to shorter-term price variations, inducing potential whipsaw trades. This is caused by the common tendencies that oscillators have to increase the presence of noise in an input series.
It is also possible to use a combination of both usages in order to avoid their disadvantages, for example opening trades based on the sign of the MACD while exiting trades when the MACD crosses the signal line. However, the main disadvantage of using the histogram can appear when the user must optimize indicator settings, with a usage based only on the MACD meaning that two settings would need to be optimized, while usage based on the histogram would mean optimizing three settings, which is computationally more expensive.
6.1 Divergences
Divergences are commonly used with oscillators. A divergence occurs when the price tops/bottoms and MACD tops/bottoms are negatively correlated. This can indicate a trend impulse of lower amplitude, which could highlight a potential reversal.
6.2 Fast > Slow Period MACD
The MACD already possesses some leading characteristics, allowing to anticipate turning points. However, the ability of the MACD to provide signals anticipating future trends mostly depends on the current market conditions, with certain price variations complicating the leading ability of the MACD. The predictive abilities of the MACD can be improved using a fast period higher than the slow period.
Assuming the user uses the histogram of the MACD, cyclical variations within a price trend will generally prove to be problematic if the signal length excessively delays the MACD. Inverting the fast and slow period can help signal early reversal, instead of suffering from the excessive delay introduced by the histogram.
The practice of inverting MACD fast and slow period was proposed by Ehlers (4), we can also see that optimizing MACD settings in mean reverting markets can tend to return fast periods higher than slow periods. We can see that such an approach is directed toward contrarian traders.
7. MACD Using Different Type of Moving Averages
The MACD uses exponential for the calculation of the fast, slow, and signal moving averages by default, however different types of moving averages can be used. The MACD would directly inherit the characteristics of the type of moving average used, thus improving characteristics such as reactivity and smoothness.
For example, certain users prefer using the simple moving average, returning slightly lower reactive MACD with a slightly higher degree of filtering.
Using low lag moving averages would return a very reactive MACD, with a histogram able to anticipate MACD turning points due to the ability of low lag moving averages to over/undershoot the input signal.
Notice in the above chart how the MACD based on the Hull moving average (bottom) is more reactive than a regular MACD (top) with equal settings. Also, notice how the signal line is able to exceed the MACD before the occurrence of its turning point.
However, it can be more interesting to use more than one kind of moving averages for the MACD calculation, using a type of moving average that is suitable for each MACD component. As such it would be more interesting to have a low lag moving average as fast-moving average, and a more classical one as slow and signal moving average.
References
(1) Appel, Gerald. "Technical Analysis Power Tools for Active Investors." Financial Times Prentice Hall. p. 166 (2005)
(2) Durantin, Gautier, et al. "Moving Average Convergence Divergence filter preprocessing for real-time event-related peak activity onset detection: Application to fNIRS signals." 2014 36th Annual International Conference of the IEEE Engineering in Medicine and Biology Society. IEEE, 2014.
(3) Zhang, Jufen, et al. "Predicting hospitalization due to worsening heart failure using daily weight measurement: analysis of the Trans‐European Network‐Home‐Care Management System (TEN‐HMS) study." European journal of heart failure 11.4 (2009): 420-427.
(4) Ehlers, John F. "The MACD Indicator Revisited." (1991).
Conv time to long has comeConv will go up so drastically and nothing can stop it
sry, I won't share my trends and etc on the chart anymore
$DKS - To Long or To Short?Some conflicting pieces of information here from my point of view.
On the Long-side:
1. Ascending Triangle (Purple Box & Hashed line) - often considered a bullish pattern
2. Convergence of 20 & 50 ema (Orange + Purple) - watching for a cross as a bullish signal
3. Strong fundamentals and DCF indicating an under valuation
On the Short-side:
1. Bearish convergence when considered with Stochastic oscillator (purple hashed)
2. Loss of momentum also indicated on MACD indicator (not show)
3.
4. In an industry/sector that most would agree is (and is going to continue) struggling
- Local Resistance ~$120
- 200 ema Support over last ~5 weeks (and trendline)
Watching for a breakout/close above $120.6 or below 200 ema (or hashed purple trendline)
Interested to hear your thoughts.
*Not financial advice*
Testing My Forex Trading Strategy My technique that i used to determine whether to buy or sell a currency pair at any given time.
that technique is based on three Fondamental Points :
CCI (convergence /divergence)
Tops / Bottoms
Trendline
Fibo retracement.
For thiis pair , we expacet an strong bearish to dwon level for next weeks approx (3-4 months)
So Lets see the result by testing this time with EUR NZD
For more information how to learn this method ,you can inbox me at any time
GMRINFRA - Bullish BAT Harmonic Pattern with RSI Convergence GMR INFRA making Bullish Bat Harmonic Pattern with Positive Convergence showing in RSI.
Stock confirmed support level at 27.50 and may continue in range for some time to attract more buyers.
NOTE : Any NEWS & Earnings create stock more volatile so follow the strict SL as per your risk apatite.
NIO could break the downtrend line upwards NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that provide its signals could cross in the following trading sessions, providing a more clear buying signal to the market. Therefore, we will be waiting for a breakout signal.
On the other hand, whether the downtrend continues, a triangle figure could end up being created.
CONV, Buying Opportunity CONV, Available on Gate.io, Bottomed out RSI, hitting the 88% retracement, targets in the region of the 618 EXT
ADAUSDT Faced this line again!/Trading StrategyBYBIT:ADAUSDT
Notice in chart---Red: rise; Green: fall.
4H trend chart
-
Price is converging in a triangle and built double bottom in previous.
However, it didn't get surge while other crypto spiked.
Due to the longest downtrend hasn't been broken, and 144,169ema(Vegas tunnel), neither.
So just give it time to get trade off with space.
If Downtrend line is broken out, trading strategy as below.
-
Profit Targets:
a) 3.1040----Fib(1)
b) 3.5669~3.7541-----Fib(1.272~1.382)
-
Be aware of the resistance zone around 2.4539, formed from previous accumulated volume.
-
Trading is a reflection of yourself, sometimes you need to take a step back to see more.
Learn more daily and Be ready for any opportunities daily.
Have a nice trading day guys!
USD/JPY REACHED THE HIGHEST LEVEL SINCE MARCH 2020The US dollar traded higher against all the other major currencies on Tuesday and Wednesday. The most currencies it outperformed are GBP, NZD, and AUD, while it eked out the least gains versus EUR.
The rally of the US dollar across the board, especially against the commodity-linked currencies Aussie and Loonie and against the pound, which has been acting as a risky asset lately, suggests that market sentiment deteriorated again yesterday. Indeed, turning our gaze to the equity world, we see that major global indices were a sea of red, tumbling on average nearly 2%, as US Treasury yields kept marching north. The only exception was Hong Kong’s Hang Seng, which is up 0.51%.
The US dollar continues to show plenty of strength against pretty much everything, and that, of course, includes the Japanese yen. With that being the case, it looks like that the price is threatening the ¥112 level now, which key resistance level and the highest level since March 2020.
If the upside continues, USD/JPY will likely challenge 112.00 above, and the next level to watch is 2018 high at around 114.00, followed by the 2017 high at 115.00 or far away on the north at levels around 118.00, which is so optimistic in a short term projection. As seen, the area between 112.00 and 112.40 is a long-term barrier. A consolidation above should clear the way to more gains.
On the flip side, levels around 109.00 are the immediate support on a weekly chart, and a slide below could point to some stabilization in the mid-term. The next strong support stands at 104.50.
Looking at our oscillator indicators, we have to notice that MACD formed convergence on the weekly chart, and some price action signal on a minor chart will activate the bears to take into the market.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
ETH/USD 📈 Local Range 🤑Today, ETH is in a local sideways trend, one of the scenarios is that we are now in the center of the sideways trend, which is a signal to break through the upper border, and beyond it the resistance level, with a successful consolidation, further entry into the long can be considered, the second of the scenarios is unlikely - this is further movement in the current range with a breakdown and retest of the support zone. At the moment, it is difficult to predict the movement in the market, since there were many manipulations, including on LTC.
Do you agree?)
Your Solldy.
ETH/USDT : Is it going higher or lower?BINANCE:ETHUSDT
Hello everyone 😃
#ETH is forming a bullish 3-Drive pattern !
Also there will be a convergence formation combined with the 3-Drive..
📌 But in current view; #ETH is moving in a bearish FIB's retracement.
After reaching target, There will be a dive to lower support zone located below $2700.
📌 How ever bulls can take the lead on MACRO view :
There's a bullish correction on 12H's chart, Which means that #ETH just had a healthy correction for another leg to ATH !
It's better to follow the scenarios with marked levels. Both of the scenarios have the same chance to happen.
📚 So you can set your invalidations at 3.5K's resistance zone and 3K's support zone any break below/above can confirm the major movement !
Hope you enjoyed our analysis about #ETH's possible directions🙌
You can support us with your likes.
Also you can share your opinion with us in comments 😉🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
HIVEBTC - Setup similarities HIVE BTC could be preparing for an extensive bullish momentum. With similarities to the setup seen at the start of 2021 when it had a 400+% run.
Currently in an ascending triangle inside a symmetrical triangle giving some good indicators as to where stop losses couple be placed and when the breakout begins. The convergence between numerous indicators (fisher, KDJ, CCI, RSI Divergence and more) and the price are an early sign of the momentum gathering pace. However caution should be considered with HIVE being a relatively low cap alt coin and prone to sharp drops before continuing.
A similar breakout to that of the start of the year could see the BTC price hit around- 0.000028-0.000032, a 140-175% increase from the current price.
HIVE can be traded against BTC & USDT on binance, making it a good coin to easily see which is the superior asset during any session, it is also prone to short sharp spikes, making it a useful "background asset" for scalping 15-20% trades with very little monitoring needed (every week there is a short sharp spike, keep entries low and set reasonable limit orders to catch these in the moment).
EUR GBP - High Probability reversalThere is a high probability setup opportunity on EUR GBP. The reason for me considering this a high probability reversal is that we have a strong convergence on RSI as well as on MACD.
On the MACD it can be seen more clearly that we have a convergence at a lower low but histogram is above the zero.
Potential TP areas are at the first zone of weekly resistance with 1 : 1 RR and the second zone of weekly resistance with 1 : 2,29 RR.
Keep in mind this is a trade which can take from a few weeks to a month or two to develop. If you are a swing trader you got to be patient and stick with your idea until you are proven the opposite.
The MACD explained ! All you need to know about it Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a trend-following momentum indicator (so a momentum indicator is a technical analysis tool that allows us to determine the strength or weakness of a stock's price movement )
There are a lot of people that use the MACD when they analyze charts because it's very simple and it's very good but I always say never just use 1 indicator to analyze a chart, always try to use at least 3 this way u can make sure that the result is more accurate and the market most likely to move as u analyzed.
let's look at the theory behind the MACD before looking at a real-life example and how to identify buy and sell signals using this indicator :
The typical settings for the MACD are 12 26 and 9.
The MACD consist of 4 parts :
1) Zero line
2) MACD line
3) Signal line
4) Histogram
We start off with our zero line and this is where the MACD line and the signal line move around and basically so if the MACD is trading above the 0 line then it's bullish and if it's under then it's bearish.
Then we have the MACD line and it comes from the 12 26 section, and it gets calculated by subtracting the 26 EMA of the price out of the 12 day EMA of the price.
And after that we have a second line that gets plotted from the 9 section so basically, it’s a moving average for the MACD line so it tries to smooth the MACD line and give us some signals and it's called the signal line.(it's called a signal line because that's where we get our buy and sell signals from)
So on top of that, we have another part in this indicator which is called the histogram. So this histogram job is to show how close these lines will crossover, so when the distance between the MACD line and the signal line is far the histogram gets bigger and bigger.
So how do we use this indicator :
1) Crossovers between the MACD line and the Signal line.
* When the MACD line crosses above the Signal line then its a buy signal (Bullish Crossover)
* When the MACD line crosses below the Signal line then its a sell signal (Bearish Crossover)
2) The Histogram .
A lot of people use histograms as a way to predict when a reversal will occur.
We know that the MACD is a momentum indicator so it can show us when sell pressure is low. And that means it might be a good time to buy. And It can tell you when your long position is about to run out of steam and when you should exit.
3) Divergences between the MACD and the Market Price .
A Divergence means that the indicator is not moving in sync with the Market Price and a Reversal could happen (Note that Reversal trading is risky so please calculate your risks before using this Strategy)
always remember that :
Bullish divergence is when the Market price is going down but the MACD is going up.
Bearish divergence is when the Market Price is going up but the MACD is going down.
I hope I’ve made the MACD easy for you to understand and please ask if you have any questions .
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts and The RSI. links will be bellow
Natural Gas - Short Term Sell Idea D1 bearish divergence
H1 impulsive structure down
Looking for pullbacks and sells
10Yr Note - When the Levy BreaksThe important Context of "Pristine Collateral" as we have addressed repeatedly
is the Salient Issue - The Return of Capital.
The availability of T-Bills remains in an extremely short supply.
The Federal Reserve - $230 Billion at last disclosure.
The United States Treasury - $0.
T-Bill terms of 4, 8, 13, 26, and 52 weeks for issuance have seen the highest
percentage of issuance @ present — 91-day, 182-day and 364-day.
UST's schedule: www.treasury.gov
UST Direct, place your offer - www.treasurydirect.gov
* Please let us know how you fared, we did not.
Powell, by nature - points the finger and blame @ Sec. Of Treasury - Janet Yellen.
Yellen is suppressing "Pristine Collateral" according to Jerome Powell.
Is She though... If Banks are not lending... They need to be paid to hold the abundance of CASH.
But, wait a minute... Money Center Banks / Primary Broker Dealers do not want CASH. They prefer you
place your CASH in Money Market Funds.
Say what, Banks don't want CASH?
Yes, it is serious LIABILITY on their balance sheets at this point in time as their balance
sheets are DEBT Laden.
WTF Mate, what are you talkin bout?
J.Dude, seriously - you are delusional... This is simply a series compounding errors by ALGOs
trading in the Treasury market.
IF you believe this - please consider the following:
We pointed out this is or LTCM / Lehman moment on an exponential Scale more than a few times.
So let's clear the decks with respect as to why Mate.
When the lowest yielding Treasury is in Demand - exponential Demand.
WE have a problem, one in which everyone loses a Hand.
Credit simply gives way to Crisis - Crisis is all that results.
And we are all seeing this presently - Inflation is at the highest rate in REAL TERMS while Yields
on the Treasury Curve in Real Terms are at the Lowest on Record.
Convergence, it a nasty Bitch.