Sending Tradingview Alerts Directly To TelegramHello,
To send alerts from Tradingview to Telegram we usually need third party programs to connect the two , while using the third party services there are few problems that you will encounter , one of them is the speed of process another one being that sometimes the alert is not sent to Telegram and there is usually a cost in using such programs and you are also sending your information to the third party .
this video will teach you a new method that does not use a third party program and allows you to send the alerts directly from Tradingview to Telegram.
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A Trading Plan Is Important For Success - Here Is MineIn this video we take a look at a trend continuation trading strategy. I explain my approach to trading how I identify a trend and what I look for for high probability trade opportunities. As always the information is for educational purposes only and not to be construed as financial advice.
Trade Like A Sniper - Episode 46 - USDPLN - (17th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing USDPLN, starting from the 3-Month chart.
If you want to learn more, check out my TradingView profile.
Trade Like A Sniper - Episode 44 - EURNOK - (17th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing EURNOK, starting from the 3-Month chart.
If you want to learn more, check out my TradingView profile.
A Very Short Course On Action/ReactionThe concept of Action and Reaction Lines is not frequently used by traders. If you browse
through the Technical Analysis literature you can see that this topic has seldom been addressed.
The first person to mention it was Roger Babson, followed by Dr Alan Andrews. Both of them
made use of this particular technique with huge success, making profits of millions of dollars.
In this short video i tried to show some examples on recent OANDA:EURUSD price action.
thanks for watching.
How to Get into an Entry after the setup is passedIn the world of investing, it is not uncommon to come across a missed trade setup that tempts investors to make impulsive decisions. However, it is important to remain disciplined and avoid falling into the trap of #FOMO (Fear Of Missing Out). For instance, if an investor misses a trade setup on Ethereum ( CRYPTOCAP:ETH ), instead of rushing in with a full position, a more prudent approach would be to enter with half the intended position. This allows the investor to participate in the trade while minimizing the risk of committing too much capital at once.
Once the initial entry is made, it is crucial to implement a strategy known as Dollar Cost Averaging (#DCA). This involves gradually increasing the position size by buying more ETH over time. By using DCA, investors can mitigate the impact of short-term market volatility and avoid making rash decisions based solely on emotions.
To effectively implement DCA, it is important to maintain the original stop loss level. This means that even if the price of ETH decreases after the initial entry, the stop loss order should remain at the predetermined level. By sticking to this plan, investors can ensure that their risk management strategy remains intact and that they do not expose themselves to unnecessary losses.
In summary, when faced with a missed trade setup on ETH, it is crucial to resist the urge to FOMO in with a full position. Instead, entering with half the intended position and utilizing Dollar Cost Averaging can provide a more measured and disciplined approach. By maintaining the original stop loss level throughout the process, investors can enhance their risk management and increase their chances of success in the long run.
Swing Trading - Using Market Side and Opening Range FiltersSwing trading is a short-term strategy where traders aim to capitalise on small price movements within a financial instrument over a specific period. The goal is to capture gains from these "swings" in the market rather than focusing on long-term trends.
In this example, I am trading the GBP/JPY using the market side and the session opening range as filters to determine high probability trading direction:
Market Side: This helps to identify the overall trend or sentiment in the market.
Session Opening Range: This is the price range between the high and low during the initial period after the market opens. It is used to set reference points for potential entry and exit levels.
Here's a simple breakdown:
Below the Market Side and Opening Range: If the price is below both the market side indicator and the opening range, this signals a bearish sentiment, and you look for selling opportunities.
Above the Market Side and Opening Range: If the price is above both the market side indicator and the opening range, this indicates a bullish sentiment, and you look for buying opportunities.
I use the Charts247_WT Custom Indicator Candles for entries and exits, which provide specific signals to enter trades and exit existing positions. This combination of trend filters and entry signals helps improve your trades' accuracy and timing, aligning your actions with the broader market context.
## Catching Spikes on Boom 300 and Crash 300 with Trendlines## How to Catch Spikes on Boom 300 and Crash 300 Indices on Deriv Using Trendlines in TradingView
Catching spikes on the Boom 300 and Crash 300 indices on Deriv using TradingView involves leveraging trendlines to spot potential breakout points. Here's a brief guide on how to do this effectively:
### 1. Setting Up Your Chart
- Open TradingView and select the Boom 300 or Crash 300 index.
### 2. Drawing Trendlines
- **Identify Highs and Lows**: Locate significant highs and lows on your chart.
- **Draw the Trendline**: Connect at least two significant highs for a downtrend line or two significant lows for an uptrend line.
### 3. Spotting Spikes
- **Boom 300 Index**:
- Look for points where the price breaks above the downtrend line.
- This breakout can signal an upcoming upward spike.
- **Crash 300 Index**:
- Look for points where the price breaks below the uptrend line.
- This breakout can indicate an impending downward spike.
### 4. Confirming the Breakout
- **Volume**: Ensure there is an increase in volume during the breakout.
- **Candlestick Patterns**: Look for bullish reversal patterns for Boom 300 and bearish reversal patterns for Crash 300 near the trendline.
### 5. Risk Management
- **Stop-Loss**: Place a stop-loss slightly below the breakout point for Boom 300 and slightly above for Crash 300.
- **Take-Profit**: Set your target based on previous highs/lows or use a risk-reward ratio.
By using trendlines to identify and confirm breakouts, you can effectively catch spikes on the Boom 300 and Crash 300 indices on Deriv with TradingView.
Catching Boom and Crashe on Deriv Tradingview using TrendlinesCatching booms and crashes on Deriv using TradingView involves utilizing trendlines to identify potential reversal points and breakouts. Here’s a short guide on how to do this:
### 1. Understanding Boom and Crash Indices
- **Boom Index**: Represents a market where prices tend to spike upwards occasionally.
- **Crash Index**: Represents a market where prices tend to spike downwards occasionally.
### 2. Setting Up TradingView
- Open TradingView and ensure you have the Boom or Crash index loaded on your chart.
### 3. Drawing Trendlines
- **Identify Highs and Lows**: Start by identifying significant highs and lows on the chart.
- **Draw the Trendline**: Connect at least two significant highs for a downtrend line and at least two significant lows for an uptrend line.
### 4. Analyzing Trendline Breaks
- **Downtrend Breakout (Boom Index)**: Look for points where the price breaks above a downtrend line. This can indicate a potential upward boom.
- **Uptrend Breakout (Crash Index)**: Look for points where the price breaks below an uptrend line. This can indicate a potential downward crash.
### 5. Confirming the Breakout
- **Volume**: Higher volume during the breakout can confirm the validity of the trendline break.
- **Candlestick Patterns**: Look for reversal candlestick patterns near the trendline to increase the accuracy of your prediction.
### 6. Risk Management
- **Stop-Loss**: Set a stop-loss slightly below the breakout point for booms and slightly above for crashes.
- **Take-Profit**: Determine your target based on previous highs/lows or use a risk-reward ratio.
### Example:
1. **Boom Index**:
- Identify recent highs and draw a downtrend line.
- Wait for a candlestick to close above the trendline.
- Confirm with volume and possibly a bullish candlestick pattern.
- Enter a buy trade with a stop-loss below the trendline and a take-profit at a previous resistance level.
2. **Crash Index**:
- Identify recent lows and draw an uptrend line.
- Wait for a candlestick to close below the trendline.
- Confirm with volume and possibly a bearish candlestick pattern.
- Enter a sell trade with a stop-loss above the trendline and a take-profit at a previous support level.
By carefully analyzing trendlines and confirming breakouts with additional indicators, you can effectively catch booms and crashes on Deriv's Boom and Crash indices using TradingView.
Trading Volatility 75 Index Using Trendlines Deriv TradingViewThe Volatility 75 Index, also known as VIX, represents the market's expectation of 30-day forward-looking volatility and is a popular instrument for traders looking to capitalize on market turbulence. Trading the Volatility 75 Index using trendlines on Deriv TradingView can be an effective strategy for identifying and acting on market trends. Here's a step-by-step guide to help you get started.
#### 1. Understanding Trendlines
Trendlines are straight lines drawn on a chart that connect two or more price points, usually to indicate a trend direction. An upward trendline connects the lows in an uptrend, while a downward trendline connects the highs in a downtrend. These lines act as support and resistance levels, providing traders with visual cues for potential trade opportunities.
#### 2. Setting Up Your Trading Environment
**Step 1: Access Deriv TradingView**
Log in to your Deriv account and navigate to the TradingView platform. Ensure that you have selected the Volatility 75 Index chart for analysis.
**Step 2: Choose the Right Timeframe**
Select an appropriate timeframe for your trading style. Short-term traders might prefer 1-minute or 5-minute charts, while swing traders may opt for 1-hour or daily charts.
#### 3. Drawing Trendlines
**Step 1: Identify Key Points**
Identify significant highs and lows on the chart. In an uptrend, look for a series of higher lows. In a downtrend, look for a series of lower highs.
**Step 2: Draw the Trendline**
- **Uptrend:** Click on the trendline tool and connect at least two significant higher lows.
- **Downtrend:** Click on the trendline tool and connect at least two significant lower highs.
Ensure that your trendline is not cutting through the candlesticks and that it aligns well with the price movement.
#### 4. Analyzing Trendline Breaks
Trendline breaks can signal potential trading opportunities. When the price breaks above a downward trendline, it might indicate a bullish reversal. Conversely, when the price breaks below an upward trendline, it might indicate a bearish reversal.
**Step 1: Confirm the Break**
Wait for a candlestick to close above or below the trendline to confirm the break. This reduces the risk of false signals.
**Step 2: Use Volume for Confirmation**
Increased trading volume can validate the trendline break, suggesting stronger market conviction behind the move.
#### 5. Placing Trades
**Step 1: Set Entry Points**
- **Long Trade:** Enter a buy position when the price breaks above a downward trendline and the breakout is confirmed.
- **Short Trade:** Enter a sell position when the price breaks below an upward trendline and the breakout is confirmed.
**Step 2: Set Stop-Loss Levels**
- Place a stop-loss below the most recent swing low for long trades.
- Place a stop-loss above the most recent swing high for short trades.
**Step 3: Set Take-Profit Levels**
Use previous support and resistance levels or employ a risk-reward ratio (e.g., 1:2 or 1:3) to determine your take-profit points.
#### 6. Managing the Trade
- **Monitor the Trade:** Keep an eye on the trade and adjust your stop-loss to lock in profits as the price moves in your favor.
- **Be Prepared for Reversals:** Market conditions can change rapidly, especially with an instrument as volatile as the Volatility 75 Index. Stay alert and be ready to exit the trade if the market reverses.
#### 7. Additional Tips
- **Combine with Other Indicators:** Enhance your trendline analysis by using other technical indicators like RSI, MACD, or moving averages for additional confirmation.
- **Stay Informed:** Keep an eye on market news and events that could impact volatility.
- **Practice Risk Management:** Never risk more than a small percentage of your trading capital on a single trade. This helps in managing potential losses and staying in the game longer.
#### Conclusion
Trading the Volatility 75 Index using trendlines on Deriv TradingView can be a powerful strategy when executed with precision and discipline. By identifying and drawing accurate trendlines, confirming trendline breaks, and managing trades effectively, traders can navigate the volatile nature of the VIX and capitalize on market movements. Always remember to practice good risk management and continuously improve your trading skills through education and experience.
Understanding my SPY Cycle Patterns - Bottom-103This video highlights the Bottom-103 pattern and how price action (support/resistance/rejection) can be used to confirm and execute better trades.
This is something most traders will easily understand as a BOTTOM pattern reflects a possible bullish price trend - except when price rejects this setup and trends downward.
Learn how my SPY cycle patterns can help you become a better trader.
EGX33: A Faith-Focused ApproachNavigating the Complexities of Sharia-Compliant Stock Trading: A Faith-Focused Approach
The index is composed of 33 stocks: 17 from EGX30 and the remaining from EGX70EWI. Determining the correlation coefficient of the index is challenging as it's unclear whether it pertains more to EGX30 or EGX70EWI. Unfortunately, the EGX authorities haven't disclosed the weight of the components, the members of the sharia advisory board, or the sharia criteria for inclusion and the frequency of reviewing the sharia index to ensure the sustainability of its components.
In the meantime, three brokerage firms have independently published their lists of sharia-compliant stocks. While these lists contradict each other, there are some areas of overlap. Notably, the EGX33 has added new sharia-compliant stocks that were excluded by the other three sharia lists. This has led to confusion regarding sharia-compliant stocks and sparked discussions about righteousness.
Despite the complexities surrounding the indexes and various lists, the primary focus remains on trading sharia-compliant securities while adhering to personal faith.
POIs FOR BEGINNER TRADERSOrder blocks are the last up or down candle before price shifted direction. Imbalances, or fvg is the space between 3 consecutive candles where the first and third candle's wicks do not touch this gap, or space is an fvg/ imbalance. These POIs should be either found in your discount or premium area.
Watch This 3 Step System And Technical AnalysisInside this video i dive deep into technical analysis
mixing advanced lessons and beginner lessons
to give you a taste of advanced technical analysis and beginner-level analysis
You will need to buckle up and sit tight as we ride through the forex market, banking market, and stock market
This video is packed with tones of value and it's a thank you for rocketing this content
to learn more rocket boost this content
Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management
How will Stocks React to Inflation?The stock market's reaction to an inflation trend always involves a delay.
Based on studies of the inflation trend, this delay is approximately 6 months. How about the inflation data month by month?
Micro E-Mini Nasdaq
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com