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Moving Averages

We talk about Moving Averages. 🖌Origin of moving averages: They are used to filter out market noise and clarify the direction of the trend, as they eliminate minor movements that could be hiding what the market is actually doing. The average price of a given period in the past is calculated, the result is plotted on a line chart next to the price chart. They are more suitable for detecting trends but are also useful for analyzing the evolution of the price in different periods of time. How are they calculated? The moving averages are the moving average and to calculate them the last periods that are parameterized for their calculation are taken. For instance; For a 10-period moving average, the last 10 price closing candles are taken and their average is taken. Remember that a moving average is always lagging because it is the result of making a calculation on the prices of the past, they do not predict the price, they only summarize more clearly what has happened in the price. Its usefulness, therefore, helps us to detect or see trends more clearly. And in technical analysis, it is considered that when there is a trend it is more likely to continue. The shorter the moving average calculation period, the less lag it will have, but it will include more volatility than longer period moving averages. The longer the moving average calculation average, the longer it will take to react to recent market changes. What is the best moving average? Surely you were waiting for me to tell you which is the best moving average because there is no better moving average than another, they are all worth it, they are all good, you just have to understand them well. Some are true that they are more used as 20, 50, 100 and 200. All the moving averages are showing you the line chart with the longest temporality (Except 1). So, a 5-period moving average is equivalent to the linear graph of multiplying that timeframe by 5. For example; If we were in 1-minute time frames it would be equivalent to the 5-minute line chart and if it were the 60 moving average it would be the 1-hour line chart. Moving averages and temporalities. If we take into account the moving average of 160 periods, it would be exactly equal to the moving average of 80 periods in 1 hour and of 20 periods in 4 hours. Types of moving averages. Since it is understood how the moving average works, we are going to talk about the 3 most used types of moving average. a) Simple moving average (MA): All the data of the period are weighted equally, all the candles have the same importance from the first to the last candle that is periodized, of which an average is taken. It is the most typical and the easiest to calculate, but also the slowest to adapt to the most recent price changes. b) Media móvil ponderada ( WMA ): Con este tipo de media móvil se le da diferente importancia a cada una de las velas, dando más prioridad a las primeras velas y dando menos importancia a las últimas velas a calcular, en su fórmula se asigna un coeficiente a cada uno de los valores. Esta media móvil reacciona más rápidamente a los últimos cambios de precios. c) Exponential moving average (EMA): Its calculation is more complicated but basically, an additional value is carried to the selected period, that is; for a 10-period exponential moving average, the last 11 candles are considered. These are done to minimize the sudden effect that occurs when eliminating the first data in the series, the most recent candle or price is weighted in greater percentages, while the rest of the candles all weigh equally. Arguably the "EMA" is equivalent to a simple moving average to which an additional period is added and the recent price is weighted much more. How to use them? Moving averages are considered to act as dynamic support and resistance, when the price is trending they act as a trend line that sets the guideline, but they also have the quality of "Attracting" the price, as they remain an average of the price. and by the statistical principle that everything returns to its average at some point. Another utility is that it also helps us to detect price highs, since all the data of distribution tend to group around its average, if a strong impulse moves the price away from the moving average, at some point the price will return to its average. half. and this will help us to detect extremes of the market For example; when the price is too far from its midpoint and you may be ready to make a correction. This is the beginning for which indicators like the MACD are created. If the price is far from its moving average it is very easy to detect it visually.
Education
by Ed_Ale
How to adjust your charts for dividend paymentsBond funds like the SPDR Portfolio Mortgage Backed Bond ETF (SPMB) often look like money-losers when you view their returns on a non-adjusted basis. In this case, the price is down about -0.74% over the life of the fund. The picture looks very different when you adjust for dividends. For SPMB, the return changes to +46.09% over the life of the fund: That's obviously a very different chart than the non-adjusted chart. Dividend adjustment can also make a large difference for high-yield dividend stocks. For instance, IBM is down over the last ten years on a non-adjusted basis, but on an adjusted basis it has gone sideways. IBM, non-adjusted: IBM, adjusted: The commonly accepted adjustment methodology is that the most recent closing price will be the same on an adjusted and non-adjusted chart, but historical closing prices will be different. On an adjusted chart, the stock price on a historical date will be shown as the current closing price minus all dividends paid since then. Dividend subtractions typically are made on a percentage rather than dollar basis to prevent historical prices from showing as negative values. To actually perform the calculation is a little technical, but that's the overall idea. To apply dividend adjustment to a TradingView chart is super easy. In the lower right-hand corner of your chart, you will see the letters "adj". Click to toggle between adjusted and non-adjusted price data. When the text is blue, you are viewing the adjusted chart. When the text is black, adjustment is turned off. Right next to the letters "adj" is a "%" symbol. Toggling this on and off will switch the axis of the chart between dollars and percent change over the period visible on the chart. This is useful for comparing adjusted and non-adjusted returns. One implication of using adjusted charts is that the support levels and moving averages will be in different places. For instance, on a non-adjusted basis, VALE is currently below its 200-week moving average. On an adjusted basis, it is well above the average. VALE, non-adjusted: Vale, adjusted: In short, on an adjusted basis a stock may not be as cheap as it looks on a non-adjusted basis. Many quant traders and hedge funds will be using adjusted moving averages rather than non-adjusted ones.
AMEX:SPMBEducation
by ChristopherCarrollSmith
28
Bullish Golden Cross (How To Trade)What Is a Golden Cross? A golden cross occurs when a faster-moving average crosses a slower moving average. Sounds simple enough right? However, the key point is the moving averages which constitute the cross, and the direction in which they cross. Specifically, you need the 50-period and 200-period simple moving averages. Anything other than these two periods and it is not a true golden cross. Golden cross happens when a 50-day moving average for an asset trades higher than a 200-day moving average. In other words, prior to the the cross, the 50 moving average would have been below the 200 sma. You can use either MAs or EMAs- your choice. What are the three stages of a golden cross? 1) As the downtrend in the stock market ends, the short-term 50-day moving average moves below the 200- day moving average. 2) In a crossover, when a stock recovers, the short-term moving average crosses over the long-term moving average. That’s where the term golden cross comes from, when the two average lines cross on a chart. 3) In the last stage, the short-term moving average continues to move upward. That’s usually a sign that the market is on a bullish trend. "All big rallies start with a golden cross, but not all golden crosses lead to a big rally,” Golden crosses are not a definite timing signal to buy. “They tend not to be timing signals, but more for confirmation of a move that has been in place.” Look for both 50 ema and 200 ema to be close together, confirming indicators like Demand or Supply zone, pivot points, pair, price, session & time.
Education
by Anbat
Bearish Death Cross (How To Trade Them)How To Trade The Bearish Death Cross: The death cross and golden cross are technical analysis terms for when a moving average (MA) intersects with another from either above or below. The cross, depending on which it is, can signal the start of a new trend or the end of one. The death cross and golden cross are simple technical analysis indicators that alert traders when a price trend may be turning bearish or bullish. The indicators use both 200-day and 50-day MAs to signal whether a death cross or golden cross has occurred. When the 50-day MA crosses above the 200-day MA from below, this is a golden cross. Meanwhile, a death cross is when the 50-day MA is above the 200-day MA and then crosses below the 200-day MA. A golden cross indicates prices may be starting to rise in a new uptrend and, therefore, a long position may be preferred by traders. Once a death cross occurs, the price of the asset is potentially starting a new downtrend, which could mean that short selling or exiting long positions would be preferred by traders. FYI: 1) All indicators are delayed, so when cross happens it comes late, use other confirmations to enter trades early, especially if scalp or day trade Forex. 2) MA or EMA crosses can be done on any time frames, but death or golden crosses mostly use the 50 and 200 (pure traders). Yes, they can be changed. 3) Higher time frames are better and have more momentum and trends when price action does do MA or EMA crosses. 4) Anticipation and multi time-frame evaluation will assist you in using price action MA or EMA crosses in your trading. 5) Trade under a death cross and over a golden cross. Example daily chart shows you a 65 pip stop vs 200 pip target within 14 trading days, patience?
Education
by Anbat
TRADING STRATEGY USING STOCHASTICS AND 15/30 MA CROSSOVERThe simple system uses a 15 and 30 moving average crossover, and extreme stochastic oscillator levels as confirmation. Now here are the rules of the system. This is a pretty mechanical system, so you don’t have to think much about the entries or the exits. We go long when the stochastic is oversold, and the 15 moving average crosses above the 30 moving average. We go short when the stochastic is overbought, and the 15 moving average crosses below the 30 moving average. We always trail our stocks to the next conflictive level following the 15 moving average. This means that in a long position, we will always trail our stocks to the next area of support, and in a short position we will always trail our stocks to the next area of resistance. If price breaks the 15 moving average, we exit the trade. This means that in a long position, if price breaks with the 15 moving average to the downside, we exit the trade, and in a short position, if price breaks with the 15 moving average to the offside, we also exit the trade. There’s one thing you should know. This system can be used in any time frame. And this means that if you’d like to trade a 50-minute charge, and they trade currency fares or stocks, you can do it with this system. And if you like to hold your trades for a long period of time, or the four-hour charge or the daily charge, you can also use the system.
TVC:DXYEducation
by Nas_Luthando
Moving Averages Are Foundation Of Trading (MAs or EMAs)The Moving average indicator is a Forex trading indicator. This Moving average indicators can be used with Forex all currency pairs that is also compatible with other trading strategies. Every trader should be comfortable with the basics of moving average. The Forex market is controlled by banking system and global companies. As a result, it’s critical to understand what’s happening on at the global level. The moving average is the average price of the previous result of candles, which claims to represent the price’s overall trend. If the price is buying and selling just under the moving average, even so, it indicates that buyers are in control of the money supply. As a result, if the price is above the moving average, you should focus your trading strategy on buying trades. It is one of the most important Forex indicators for a trader to understand. In moreover, the simple moving average represents the typical price of the previous number of candles, which enables traders in understanding the market frame of reference. The increasing moving average, on the other hand, focuses on the most recent trend and supports traders in trying to enter a trade. This is part of basic Forex tools you need to know, if you want to be successful as a Forex trader. My five EMA strategy was taken from BTMM (Beat The Market Maker) strategy- but still works today. FYI *You can you tube or google this if wanting too. They are EMA- 5,13,50,200 & 800< all have a reason and purpose to be on chart when scalping, day trading, position or swing trading.
Education
by Anbat
What is a moving average? How to use it? The Moving Average (MA) is a simple technical analysis tool that smooths price data, creating a constantly updated average price. The average value is taken for a certain period, for example, 10 days, 20 minutes, 30 weeks, or any time chosen by the trader. There are advantages to using a moving average in your trading, as well as options for which type of moving average to use. Moving average strategies are also popular and can be adapted to any time interval, which is suitable for both long-term investors and short-term traders. The Moving Average (MA) is a widely used technical indicator that smooths out price movements by filtering out "noise" from random short-term price fluctuations. Moving averages can be constructed in several ways and use a different number of days for the averaging interval. The most common applications of moving averages are determining the trend direction and determining support and resistance levels. When asset prices cross their moving averages, this can generate a trading signal for technical traders. Although moving averages are quite useful on their own, they also form the basis for other technical indicators, such as the moving average convergence divergence ( MACD ). Why use a moving average The moving average helps to reduce the amount of "noise" on the price chart. Look at the direction of the moving average to get a general idea of which way the price is moving. If it is tilted up, the price as a whole is moving up (or has been recent); tilted down, and the price as a whole is moving down; moves sideways, and the price is most likely in a range. The moving average can also act as support or resistance . In an uptrend, a 50-day, 100-day, or 200-day moving average can act as a support level , as shown in the figure. This is because the average acts as a support, so the price bounces off it. In a downtrend, the moving average can act as resistance; like a ceiling, the price reaches a level and then begins to fall again. ✅ Let me know how do YOU use the MA, and what is your favorite indicator?✅
BITSTAMP:BTCUSDEducation
by ProSignalsFx
11
How to catch big trend of BTCTrend base trading strategy is a very profitable strategy on Bitcoin. So how to catch big trend of BTC ? Just simply using Double SMA or EMA and check golden/death crosses to buy/sell. As you can see in the figure above, daily 5 SMA works nicely with daily 50 SMA. It's better to hold than buy and sell frequently in a strong bullish market. Life is not just about technical analysis. Hold and drink some coffee, get some rest. Don't laugh at me, simple strategy but super power. Moving Average telling you the average cost of everyone. When the price goes above the MA it suggests that the price might continue to rise, and when it drops below the MA, the converse is true. The price might continue to fall. Simply speaking, you earn money if price goes above your cost, you loss money if price goes below your cost. Refenence: medium.datadriveninvestor.com www.investopedia.com www.investopedia.com www.investopedia.com
Education
by googlebuybtc
The Breakthrough StrategyGreetings, traders! Welcome to this short, 7-step strategy lesson. Are you new to trading? Don't worry: we're dedicated toward providing the most high-quality, easy-to-understand, and straight-to-the-point investing education to the TradingView community. This strategy lesson is beginner-friendly (we have pictures!), as we've inserted helpful links into each and every term, just in case you don't know them yet. Anyways, let's get right into the steps of this effective trading method , which we've named " The Breakthrough Strategy ": • STEP 1, The Breakthrough: Identify a breakout (or "breakthrough") at the most recent Support/Resistance (S&R) zone. With the horizontal line tool, if you haven't already, mark the level at which price broke: this will be your potential Entry Point (EP). • STEP 2, The Turnaround: Immediately following the breakout, you'll wanna see two or more consecutive candlesticks, going in the same direction of the breakout. After the streak, when you spot the first completely-formed candle, going in the opposite direction, you've found your "turnaround" point! Mark it up with a S&R line: this will be your potential Take Profit (TP) level. • STEP 3, The Other Side: Now, identify the most recent S&R zone, on the opposite side of the breakout zone: this will be your potential Stop Loss (SL) level. • STEP 4, The Average: Make sure that you have your Exponential Moving Average (EMA, 50) installed on TradingView. Is the end of it between the EP and the SL? Perfect! You're ready for the next step. • STEP 5, The Order: Place a Limit Order (TP, SL, and EP levels are mentioned in the previous steps). If, before price hits the Entry Point, things start to get choppy, close the pending order: it is now invalid. • STEP 6, The Execution: Did price hit your Entry Point? The order has been triggered —we're in! Good job, good luck, and hope for some profits. • STEP 7, The Final Step: "Practice makes perfect," so make sure that you backtest this method, to test it out before using it on the live market. Be sure to follow us, for future lessons which will help you significantly increase the power of this strategy! We hoped that this helped you! We ask that you pay it forward, and share this lesson with a friend, a fellow trader, or... heck... share it with your grandmother. “My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.” — Nio Pomilia, Forex Free Press
Education
by ForexFP
1
How To Trade Quality Pin BarsAfter the Pin Bar Formed At The EMA 10 EMA 20, Do The Following Actions Draw Your Fibonacci Retracement Levels Draw Horizontal Support Levels Enter At Pin Bar Close Price Exit At The Previous Swing Low Level The attributes that made this a quality Pin Bar: Pin Bar Close Price is in the Fibonacci Retracement 50% and 38.2% Range Area Pin Bar Close Price is in the EMA 10 EMA 20 Range Area Pin Bar at Lower High Downtrend Technical Chart Of How To Trade The Pin Bar. Before and After Charts. Click on Charts.
Education
by TradeLive-
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
COINBASE:BTCUSDEducation
by GabiDahduh
18
70 EmaHi traders Ever woundered - "can i beat the market ?" or "what is my Edge ?" try the 70 Ema !! i will use daily chart and look for clear trend direction apply indicator called Moving Avarage Exponential and set it to 70 -- UPTREND -- on an uptrend look if the line support the price. you will want to go long when price reach the blue line. on the other hand, price tends to "come back" to the Ema, so you can try short if price is to far up (see microsoft chart) combined with RSI indicator, you can get better feeling if the price is overboght (and go short) or oversold (and go long) -- DOWNTREND -- On downtrend the 70 Ema will act as RESISTANCE - see $baba chart same here - price tends to "come back" to the Ema ... Good Luck
NASDAQ:MSFTEducation
by DaxiDriver
Double EMA (DEMA) From ScratchHello, traders! Today we’ll speak about the most trivial, but very useful indicator that’s called DEMA. As you know, moving average is a backbone of 90% complicated indicators. It’s able to give lots of information about the price action. Well, let’s speak about it. The double exponential moving average (DEMA) is a technical indicator introduced by Patrick Mulloy in his January 1994 article "Smoothing Data With Faster Moving Averages" in Technical Analysis of Stocks & Commodities magazine. The DEMA uses two exponential moving averages (EMAs) to eliminate lag, as some traders view lag as a problem. The DEMA is used in a similar way to traditional moving averages (MA), but DEMAs react quicker than traditional MAs. How to use DEMA? -The average helps confirm uptrends when the price is above the average, and helps confirm downtrends when the price is below the average. When the price crosses the average that may signal a trend change. -Indicate areas of support or resistance. -Cross overs of 2 DEMAs. We sometimes draw fast DEMA(20) and slow DEMA(50). When the fast line crosses the slow below, it’s a bearish signal, when above - bullish. It’s consider to be a good entering signal. However, we shouldn’t forget that the indicator is still lagging. Guys, I should remember you that every indicator shouldn’t be used in solo. You should only use them in conjunction with other indictor when they confirm each other. I hope, this knowledge will boost your trading skills and make your trading staff more interesting and profitable. Have a nice day, dear traders.
Education
by Skyrexio
1
The RSI explained ! how to identify buy and sell signals Hello everyone , as we all know the market action discounts everything :) I have created this short video to explain what is the RSI and how to use it to identify buy and sell signals with this oscillator , everything you need to know about this indicator is right here. Its been around since the late 70s so its probably one of the more established oscillators out there . So lets check out the formula and how the RSI works : RS=100 -100/1-RS RS (relative strength) average X day up / average X day down So simply lets say we are using a 10 days average so we check how many days the price closed up and we add them and we divide by 10 which would give us the average X days up. And we do the same for the average X days down but we calculate how many days the price closed down and then we add them and divide by 10 ,And after all of that has been calculated we will always get a value between 0% and 100% And that's why the RSI is considered a bounded oscillator it means that the value will always be between 0 % and 100% The oscillator has 2 major zones which are the overbought and oversold zones. Anything above 70% is considered overbought and anything below 30% the market considered oversold . So when the market reaches overbought zone it tells us that the market has gone up to far and its due a bounce back down , and the same when it reaches oversold zone it means that the market has gone to far down and its due a bounce back up. So looking to buy or sell when the market reaches oversold and overbought is one strategy . But because the market moves a lot and reaches these levels so much this way is not as reliable that much , the better way to use the RSI is to check if it has a divergence with the market price. what is a divergence you may ask !!! A Divergence is when the price of the market is moving in the opposite direction of a technical indicator, such as an oscillator, Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. These signals of divergences doesn’t happen that often but they do give us a better way to use the RSI . And there is it that’s everything you need to know about the RSI and how it works it’s a really simple oscillator and its one of the most popular oscillators used by technical analysts. _____________________________________________Make sure to Follow, Like & comment for more content_____________________________________________ If you have any questions please ask Thank you for reading & watching .
Education
by GabiDahduh
1
Free public indicator helps free user. ---> The screenshot was ETH Perp, 1H, from 28th June to 13th of July. a) First, limited access to indicator for free users. Sorry for being poor, but I have to resort to this. Some videos in youtube shows how you can click the same indicator multiple times, in order to utilize them to read the chart. Like adding multiple EMA from public library. But doing that actually take two slot of your free indicator slot. So, as poor as I sounds, there is free public indicator that combine or have multiple indicator in them. Like the one in my screenshot, I used the multiple EMA + bollinger bands included. I do think I need to adjust the BB, but I still don't understand which values is the best, so I stick with the current one. This saves me EMA + EMA + EMA + BB = 4 slot already! As I prefer to be able to tell something from just looking at the chart directly, so my design is all three free indicator slot is viewable, but need to be quite transparent and distinguishable too. Sometimes the free public indicator can be save as another template with different colors and designs, I just stick to Save as default. b) Some free indicator is good! Yes, there is no truly one indicator for all, but this Magic Lines VWAP / FOR SALE indicator is to me, is awesome. I previously used MACD to read incoming uptrend or downtrend, because I watched the youtube tries 100x MACD and seeing the winning rate is awesome, I stuck with MACD all the time. Until the market rekt me. Oh, this lagging indicator is truly live up it's name eh? So, I explore multiple public ones after heard the VWAP concept. It's too bad if you think VWAP is for smaller time frames, but if there is VWAP for ALL time frames, that is awesome. So, as from the screenshot, that MAGIC LINES VWAP is already edited just to show, i- blue flexible lines is showing uptrend. A VWAP uptrend. As VWAP basically didn't change it's shape at all, this is great. ii- pink flexible lines that connected with the blue line show downtrend. Also a VWAP downtrend. iii- the blue plusses or pink plusses indicated "the best starting" entry for either long or short. So form that free indicator alone, instead of me waiting for MACD crossing, VWAP just directly shows me this stuff already. Even this is also good for swing trade. (Oh how I envy the ChartChampion thousands of precentage win). Yes, there is an option just by using the heikin ashi candle, it's also serve the same uptrend and downtrend. But you know right heikin ashi is just cosmetic right? Just an average ones right? (Sorry bad puns, I'll get myself out after finishing this). c) The free MAGIC VWAP combines with EMAs crossing, it helps to read the chart. i- Usually, when EMAs are under 200 EMA, it is downtrend. I purposely make 200 EMA as an area instead of line is too always easily read at a glance whether we are in downtrend or uptrend. As long EMA 7 and 20 still inside the 200 area, it's still going down. The further the downtrend it is. The closer, we can see the reversal thing, but wait the market to decide this. ii- There is one youtuber video about riding the EMA lines, I can't remember. Say, on July 8th in screenshot, you enter at that point, how do you know it's time to stop? You ride the EMA until it cross itself (the 7 and 20 ones). Remember, riding the wave we get you pullback/retracement, so don't close your position too early, be patient and be calm. When to stop? I'm not an expert about this, to me either you satisfy with your percentage or crossing appears. Oh, before I forget, always and ALWAYS draw your 4H current resistance and support. The outermost range. The mini ones like in the screenshot is any resistance or support that happens between the outermost 4h resistance and support range. Make sure to touch as many as you can form the candle open/close and extend that range to the longest wick/shadow. d) Bollinger band and Volume profile. I'm still learning about this, but my prediction from this screenshot is the candle will come to the middle BB, and later going downtrend back. And there is a free Volume profile indicator. (Oh how I wish I got money even for the Pro plan. Hmmmmm....) Volume profile is interesting. Free indicator didn't show whether buying pressure is higher or selling pressure is higher, but we can decipher is the trend is still going down or up. The highest in volume profile shows the current support or resistance range there. The key level/daily level or whatnot is got from youtube. Still I cannot afford their best membership, it's just I'm trying to decipher the mentality the intelligence the psychology that they have. Maybe discovering there is free indicator that can help free user too. Definitely joined after I can afford. To conclude, TradingView is the best! And I'm sorry for my English. Writing this piece is meant to help me remember because sometimes I forgot what some indicators do and to inspire or help other free user out there. It's not one month free trial is bad, just it's not enough. And I think if I want to use that free trial, it's when I really really needs to. Don't you think it's tiring to create multiple emails just to get the free stuff? Nope. I don't like that idea. If I can afford it, I will do it. It helps support this free service that I love too. Thank you so much for your time, you understanding of this, thank you very much for coming to my Ted-TradingView-Talk. .
BINANCE:ETHUSD.PEducation
by m2mdoh
2
So you say you wanna range trade? Here's how you survive...DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
Education
by Simple_Renko
3
The Moving Average Explained !!! Hello everyone , as we all know the market action discounts everything :) A lot of people asked me about the MA and how to use it so i prepared this video for you guys explaining it please enjoy . or if you prefer to read : what is a moving average : its a simple technical analysis tool that smooths out price data by creating a constantly updated average price.. we use it to to create sell and buy signal (if the price is above the MA then it’s a buy signal , if the price is below the MA then it’s a sell signal ) Now lets talk about the different types of moving averages : 1_ the simple moving average (SMA) 2_ Exponential moving average (EMA) Notice that the simple MA line is slow which means if the trend moves quickly its gonna take time for the simple MA to move and this is a problem called LAG , but the Exponential MA (EMA) tries to solve this The EMA is the same as the SMA except it gives more weightage to recent price action What does this means , it means when the trend changes quickly so does the EMA , the response time on the EMA is much faster then the SMA So what if we combined them both to try to understand where sell and buy signals are . That’s called a crossover 3_weighted moving average (WMA) it simply combines the features of the SMA and the EMA Its basically like a hybrid car it uses electric engine and a diesel engine so it has both of the two worlds ,, how ever the WMA is not as poplar as much as the SMA and the EMA And that’s it now u guys have a better idea on what is a moving average is and its different types Make sure to Follow and Like for more content If you have any questions please ask Thank you for reading & watching .
BINANCE:BTCUSDEducation
by GabiDahduh
17
An easy yet super efficient trading strategy for any marketAn amazing combo strategy for trading. Steps: 1. INTRUCTIONS Plot the 7, 14, 33, 60 on the chart Lets assume we use a 1h chart. For this we will plot on the support and resistance levels onto the chart using the 4hr or daily chart values. For other timeframes, change the values with a 4-8x difference. For this example I took BTCUSDT 1h, and you can see that the support and resistence on 4h is making the 30.5k - 41k channel more or less. 2. RULES Once we have established and marked the territory zones , lets get down to business. For the best results, it is best to enter the market when you find price hovering around a support or resistance level. Once price paints a confirmation candle you can enter the market, or you could wait until the 7 MA has crossed the 14 MA. Entries at MAJOR support and resistance levels are key and will provide a greater return. Always exit your trades once price returns to another support or resistance area. You can use the 33 and 60 MA as a stair stepper to get out of the market to protect your equity on your trades. However, re-entering the market once you get confirmation of the market continuing in the original direction is a safe move. Below you can find some examples for BTCUSDT 1H 3. RISK MANAGEMENT For STOP LOSS you can use the value below the support zone, while for TP you can use either the resistence point or the support zone from the 33 or 60 SMA or a multiplier of the original distance below the support zone .
Education
by SoftKill21
3
How To Tame A Reptile or Williams Alligator From ScratchHi, traders! Have you ever heard about Alligator? Not from Australia or America but Williams Alligator. Both Australian reptile and Williams ‘pet’ have some common – they all have Jaw, Teeth, and Lips. So what is Williams Alligator? As you know, you can get maximum profit during trend markets. You gonna enter to longs or shorts, to take some profit. It’s obvious that trading on choppy (sideways) market can be very dangerous for your funds. Thus, there’s the reasonable question, are you sure that the market has trend. Genius trader Bill Williams was concerned about the problem. That’s why he invented such pretty tool to define if market is trendy or choppy. It’s the first Alligator that’ll help you to earn money, but not spend them in boutiques. So, let’s speak about technical part. The Alligator indicator uses three smoothed moving averages(calculated with a simple moving average), set at 5, 8, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns. The three moving averages comprise the Jaw, Teeth, and Lips of the Alligator, opening, and closing in reaction to evolving trends and trading ranges: 1. Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars on subsequent values. 2. Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five bars on subsequent values. 3. Lips (green line): Starts with the five-bar SMMA and smoothed by three bars on subsequent values. The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns. The Lips crossing down through the other lines signals a short sale opportunity while crossing upward signals a buying opportunity. Williams refers to the downward cross as the alligator "sleeping" and the upward cross as the alligator "awakening." The three lines stretched apart and moving higher or lower denote trending periods in which long or short positions should be maintained and managed. This is referred to as the alligator "eating with mouth wide open." Indicator lines converging into narrow bands and shifting toward a horizontal direction denote periods in which the trend may be coming to an end, signaling the need for profit-taking and position realignment. This indicates the alligator is "sated." The indicator will givefalse positives when the three lines are crisscrossing each other repeatedly, due to choppy market conditions. According to Williams, the alligator is "sleeping" at this time. Remain on the sidelines until it wakes up again. This exposes a significant drawback of the indicator because many awakening signals within large ranges will fail, triggering whipsaws.
Education
by Skyrexio
3