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Stochastic Oscillator

I have bought AXS From the AXSUSDT chart, it shows: Market Trend: The chart is currently in a clear downtrend along the EMA (Exponential Moving Average) line, with the 100-day EMA and 200-day EMA still above the price chart, indicating strong resistance. Important Support: The support area around 4.145 USD has been tested several times. If the price breaks this support level, it may see a continued correction to the 3.843 USD and 3.831 USD areas, which were previously rebounded. Stochastic RSI: It is in the oversold zone (below 20), indicating that the market may have a chance to recover in the short term due to weaker selling pressure, but other indicators should confirm it. RSI (Relative Strength Index): The RSI value at 40.61 is still in the downtrend zone. If the RSI value increases and crosses the 50 line, it may be a sign that the price has a chance to return to the uptrend. Trading Volume: Trading volume has decreased during the price correction, which may indicate that selling pressure is starting to weaken. Or there are fewer sellers Entry Recommendation: Buying at the support level of 4.145 USD should consider waiting for confirmation from Stochastic RSI that there is a reversal from the oversold zone and see if the RSI value can cut through the 50 line. If so, it may be a good time to buy. Set the stop loss below the important support level at around 4.00 USD to hedge the risk if the price falls below the support level.
Long
by bas20230503
1
Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀 Stock Analysis Report Stock Name : Tata Technologies Ltd. Timeframe: Daily Current Market Price (CMP) : ₹1068 ________________________________________ Trade Type • Trade Type: Swing Trade ________________________________________ Technical Analysis 1. Trendline Breakout: The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal. Following the breakout, the stock has successfully retested the trendline, further validating the upward momentum. 2. Indicators: MACD: Buy signal confirmed. Oscillator: Buy signal confirmed. 3. Moving Averages: The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend. ________________________________________ Target Prices • T-1: ₹1115 • T-2: ₹1150 • T-3: ₹1180 ________________________________________ Stop Loss • SL: ₹1045 ________________________________________ Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk. ________________________________________ Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "
NSE:TATATECHLong
by Amankuckreja
1
A simple long-term T/F Stochastic Trick You Will Only Learn Here Cast your minds back to the end of 2015 guys. I know you probably have no recall on the Gold-price. So let me tell you how the Gold price was behaving at the end of 2015. For several years prior (approximately) 2012-2015 the Gold Price was trending down to a support level around December 2015. Now, take a look at the 3 MONTH-Chart for XAU USD. What do you see when looking at the 2nd bottom of chart indicator the Stochastics. Scan from left to right from 2007 to 2024. How many times does it get over-sold under the crucial 20 level. Do you get my drift? Just prior to December 2015 the Stochastic on the 3M chart crossed-down below the 20 level. But it would've been pressing-down-hard at the floor so you would not be buying yet. But now, look what happens to price around December 2015 when the 3-MONTH-STOCHASTIC INDICATOR crosses up the Green-20 line. You are correct, price starts to rally-hard. Forget the so-called gurus selling the b.s. indicators guys. Stochastics and especially on the Higher-Time-Frame is the "KING" of all indicators. It's only let-down is that it does tend to give you a road-map of when to exit your trade. That road-map can be achieved tracking the MACD, which incidentally, the MACD got you into a trade here in Gold not long after the Stochastic crossed-up the 20, there was a Bullish cross-up of the MACD lines. The lower under the zero line this MACD cross occurs. Following the MACD and RSI can actually create a road-map like you are driving a car and trying to avoid an interest, I might explain this another time. But again, nobody will teach you this trading secret on the Highertimeframes, you will only learn it from the 100% free subscription service delivered by me here at easy_explosive_trades. Just imagine buying 1 lot in XAU USD and capitalising on that 138% move. I have not done the maths. These are the big trades I look for on the highertimeframes. I started investing and trading during the GFC in 2008 but in 2015 I did not know about this very insider high-time-frame trick using the number 1 indicator, the King-Stochastics, it get you into trades on HTF with needle point accuracy. Nobody showed me this trick. I work these things out myself. I wanted to share it with you. As I am proud to have you part of my channel. Cheers, Chris easy_explosive_trader * Trading is risky. Don't rely solely on my investment advice. Monday's trades: We are bidding up the Silver price & Palladium. Both of these and especially Palladium are bullish on the HTF. Hey..... forget these gurus with their 72 day moving averages & 171 day moving averages. You make money sticking to the basics in trading. Finally, I encourage you to, if you take my trades, to always risk no more than 0.25% to 0.50%. I endeavour always to give you fantastic RR not this 1:1 crap that the expensive subscriptions in Gold and Currency's charge. I make enough money trading, I don't need to make money out of you.
EIGHTCAP:XAUUSDEducation
by Easy_Explosive_Trading
1
$EL | Allocation | Market Exec | Technical Confluences: - Fibonacci retracement since the beginning of NYSE:EL 's history, puts the price action at the 78% retracement level - It coincides with a Demand Zone as can be seen across the price history - Stochastics are in Oversold conditions from Monthly, Weekly, Daily, H4 and even H1 - Will likely put Buy Stop levels at the Interest Zone areas to target a move to the 50% Fibo Retracement of this drastic bear move Fundamental Confluences: - Deep discount on a well-renowned brand - Earnings does not look too good at the moment but they do own some global brands names in beauty care - Growth can be weak now, but do you see people stop putting on cosmetics and ignore their appearances when they go out? If no, this share is definitely worth a try ________________________________ Putting in 2 portions of my NYSE:EL allocation now with more orders to be placed on in the future Long-Term value hold in my portfolio. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NYSE:ELLong
by weekendanalyst
$HIMS | Allocation | Market Exec |Technical Confluences: - Price action is near the 50% Fibo retracement area - Price action have bounced off the 200 MA (Red) and has a valid Resistance Trendline with an Interest Zone nearby - Stochastics is inn Oversold conditions in the Daily & Weekly timeframes - Elliot Wave 4 seems to be completing at the 50% Fibo line and aim for the 100% Fibo Extension line @ 29.51 Fundamental Confluences: - Telemedicine with US being a focus market is great as healthcare issues seems to be increasing; demographics start to shift right - The main health markets that they target are issues that many in the society prefer to remain anonymous about and telemedicine solves that for them - One negative would be the high expenses they are spending on A&P budgets, a drag but overtime, we can see the impact of what they have been pushing all these while ________________________________ Putting NYSE:HIMS as part of my medical/health category of my portfolio. Will start my first allocation now and look at adding more into it if price moves into 50% - 61% Fibo range (Interest Zone). Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NYSE:HIMSLong
by weekendanalyst
$NKE | Allocation | Market Exec & Buy Limit |Technical Confluences: - Price action is at the 61% Retracement for Recent Lows to Highs and the beginning of Nike's time (Strong Support) - Price action is also at a Demand Zone - Stochastics is at Oversold levels on the Weekly & Monthly TF Fundamental Confluences: - Regardless of weak Earnings and Forward Projections, Nike is still considered as a market leader in various aspects (Fashion, Fitness, Sports, Status etc.); brand loyalty will be retained at least for the next few years - Who doesn't love Nike; aside from Adidas? ________________________________ NYSE:NKE is the next in my basket of portfolio. Allocating the first 20% of single-stock into my Long-Term portfolio. The Nike brand will not die off that easily. Definitely, a value buy; for me. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NYSE:NKELong
by weekendanalyst
Monthly Chart v. Weekly Chart May Indicate TroubleSince every dollar of price action is raising concern in either direction, let’s take an in-depth look at what’s happening with the price of Bitcoin. On the weekly chart (left), we can see the RSI is just starting to pivot and we can see the Stochastic RSI will have a cross in the coming weeks, usually indicating an uptrend. Price action has been within the same range for about three months, building healthy market structure. Then we get to the monthly chart. The monthly chart (right) is showing slowed momentum. We can see in the Stochastic RSI that the orange line is on top of the blue line – usually a bearish indication. This has me a bit concerned and considering how we’ve had ranged price action and are dropping from an RSI of around 80, it may be a warning sign of what's to come. Take a look at the green arrows on the monthly chart. Every time the purple line crosses above the yellow line, we see a price rally. Now look at the red arrows. When we see the purple line cross below the yellow line, price falls. The first red arrow you see, that was about a 70% drop. The second red arrow you see was about a 52% drop from the next pivot in momentum and a total of a 73% drop once RSI bottomed. This is when you want to have your strategy in place for if the weekly chart champions the monthly chart or if we do in fact have that RSI monthly purple line cross below the yellow and we go lower. Be ready for whatever the case may be! I'm thinking it's probable we may see a 50% drop before seeing all-time highs and the rally we've all been waiting for.
BITSTAMP:BTCUSD
by MicheLee
1
DON'T FALL FOR IT!! Can you tell me what's next?Every #Bitcoin consolidation since the bottom has had 3 things in common... 1. Each time, it has created a "retail" pattern, such as a wedge. 2. The pattern seemed to #breakout (signaling traders to go long and becoming trapped), only to realize the move as a #fake-out back into the pattern. 3. Then, there seems to be a continuation to the breakdown of the pattern (liquidating late longs and signal traders to go short and becoming trapped), only to deviate back into the pattern just before a massive move to the upside (liquidating the late shorts). This false move to the downside, so far, has also always correlated to the bottoming of the #StochasticRSI. The market makers want your bags and this is how they get them. ------ Tell me what comes next... 😏
COINBASE:BTCUSDLong
by DoozerInvest
USDCAD | Short H4 | Market Exe | Loonie to Ride the GreenbackTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is at a Supply Zone area - Price action may reverse towards the ascending support Trendline - Targeting the 38.2% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.3760 - 1.3800 SL @ 1.3854 TP 1 @ 1.3697 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.3611 Risk-to-Reward @ Approx. 2.12 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
6
BNBUST | Short H4 | Market Exec |Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline & a Consolidation are - Price action may reverse back towards the previous Demand Zone Suggested Trade: Entry @ Area of Interest 560 - 570 SL @ 580.66 TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 535.15 Risk-to-Reward @ Approx. 2.18 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
2
EURNZD | Short H1 | Market Exe |Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action reversed away from Supply area - Price action may reverse back towards Resistance Trendline and 61.8% Fibo Retracement Suggested Trade: Entry @ Area of Interest 1.8100 - 1.8110 SL @ 1.8156 TP 1 @ 1.8057 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.8009 Risk-to-Reward @ Approx. 2.03 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
GBPCAD | Short H4 | Market Exe | Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is at a Supply Zone area - Price action may reverse back below Resistance Trendline Suggested Trade: Entry @ Area of Interest 1.7140 - 1.7160 SL @ 1.7258 TP 1 @ 1.7012 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.6809 Risk-to-Reward @ Approx. 3.41 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated ! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
USDJPY | MT Short H4 | Riding on BOJ InterventionPair: FX:USDJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price is close to 61.8% Fib Extension Level - Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1 level Fundamental Confluences for Trade: - Dividend repatriation season for Japan where MNCs bring back USD dividends and converts them to JPY - These levels may see BOJ intervening to stop the Yen weakness - Yield differential between USA and Japan cannot be denied and dovish BOJ doesn't help much; hence the weak JPY unless we see a firmer BOJ - Further war escalation from the Israel-Iran tension may bring on risk-off moves and see the JPY strengthen Suggested Trade: Entry @ Area of Interest 154.00 - 155.15 SL @ 156.56 TP 1 @ 151.30 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 149.27 Risk-to-Reward @ Approx. 3.03 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
Short
by weekendanalyst
2
CHFJPY | MT Short H4 | The Battle of 2 Safe HavensPair: FX:CHFJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price has retraced to 61.8% Fib Retracement Level - Aiming for the lower Support trendline from the mid of 2023 Fundamental Confluences for Trade: - SNB has been repeatedly concerned about a strong CHF while BOJ is concerned about a weak JPY - These levels may see BOJ intervening to stop the Yen weakness and vice versa for SNB - SNB is the first developed nation to start their cutting rate cycles and BOJ has just started hiking Suggested Trade: Entry @ Area of Interest 169.50 - 170.20 SL @ 170.84 TP 1 @ 168.68 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 167.18 Risk-to-Reward @ Approx. 2.31 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
Short
by weekendanalyst
Roku Test with Destiny A 2 year Support trendline A Buy?Hi Guys. So i am always on the lookout for Macro trend setups, signs and opportunities. I believe ROKU is potentially in a position to take a nice swing. This analysis is on 1 day. Notice we have reached a Sloping Support trendline from December 2022. We've had 2 touches previous that resulted in bounces. Trendline theory states trendlines can stay intact for atleast 3 touch points. Owing to the idea that our recent touch point is a solid area to take positions. Has a decent probability of a bounce. On top of that we have the Blue horizontal trendline, which acts as an added layer of Support. Incase the black trendline does not hold, this would be next lvl. Stop loss/limit should be placed below trendlines based on risk tolerance. Small positions can have a larger % loss, vise versa. Now to Support my theory of this buying a solid area to take positions. I have 3 indicators. RSI which is in Oversold conditions after 3+ months. On top of that the momentum indicators MACD and STOCH. Are also oversold. MACD is signaling a waning bearish momentum. As seen by the light red histobar prints. We are looking for and eventually should see Green bars and a bullish cross. Which can bring in necessary demand we need for bounce. Also STOCH RSI is below the 20 lvl, but crossing Bullish as we speak. This must continue and a bullish cross ABOVE 20 lvl, will also bring in demand and help with bounce. If we see bullish changes in the momentum indicaotrs, i believe there would be a even higher probability of prices bouncing. So pay attention, be diligent and manage risk accordingly. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on ROKU in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:ROKULong
by SafofAllTrades
5
AUDUSD | MT Long H4 | Middle of Parallel ChannelPair: FX:AUDUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is now at the middle of a parallel channel - Price is at 61.8% Fib Extension Level - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand zone. Fundamental Confluences for Trade: - Higher commodity prices is a positive for Australia economy - Further war escalation from the Israel-Iran tension may bring on risk-off moves and affect this trade Suggested Trade: Entry @ Area of Interest 0.6390 - 0.6415 SL @ 0.6351 TP 1 @ 0.6448 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.6516 Risk-to-Reward @ Approx. 2.09 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
Long
by weekendanalyst
Beating the S&P500 (SPX) Buy&Hold strategy by 16 timesS&P500 (SPX) strategy using Stochastic RSI Min-Max, normalized Volatility and Trailing Stop signals, beats the Buy&Hold strategy by 16 times Embarking on the quest to time the market accurately, the 'Holy Grail' of strategies, led me to create a script to approach this goal. Unlike other strategies that I tested, this one not only surpasses the long-term S&P500 Buy&Hold approach but does so by a remarkable 16.38 times! Initially, I employed an A.I. program based on an LSTM Neural Network using TensorFlow. Despite achieving a 55% next-day prediction accuracy for short/long positions, I sought improvement using a heuristic pine-scripting approach, incorporating stochastic RSI oscillators, moving averages, and volatility signals. With default parameters, this strategy, freely available as "XPloRR S&P500 Stock Market Crash Detection Strategy v2" delivered a staggering 2,663,001% profit since February 1871. In the same period, the Buy&Hold strategy "only" generated 162,599% profit. Picture this: a $1,000 investment in 1871 would now be worth $26,630,014 by February 2024. Check it out for yourself loading this strategy. The script operates as a Stochastic RSI Min-Max script, automatically generating buy and sell alerts on the S&P500 SPX. What sets it apart? The strategy detects "corrections," minimizes losses using Trailing Stop and Moving Average parameters, and strategically re-enters the market after detecting bottoms using tuned Stochastic RSI signals and normalized Volatility thresholds. Tailor its parameters to your preference, use it for strategic exits and entries, or stick to the Buy&Hold strategy and start new buy trades at regular intervals using buy signals only. In the pursuit of minimizing losses, the script has learned the effectiveness of a 9% trailing stop on trades. As you can clearly see on the upper graph (revolving around 100), the average overall green surfaces (profits) of all trades are much bigger than the average red surfaces (losses). This follows Warren Buffets first rule of trading to "Never lose money" and thus minimizing losses. Update: Advanced S&P500 Stochastic RSI Min-Max Buy/Sell Alert Generator I have also created an Alerter script based on the same engine as this script, which auto-generates buy and sell alert signals (via e-mail, in-app push-notifications, pop-ups etc.). The script is currently fine-tuned for the S&P500 SPX tracker, but parameters can be fine-tuned upon request for other trackers or stocks. If you are interested in this alerter-version script or fine-tuning other trackers, please drop me a message or mail xplorr at live dot com. How to use this Strategy? Select the SPX (S&P500) graph and set the value to "Day" values (top) and set "Auto Fit Data To Screen" (bottom-right). Select in the Indicators the "XPloRR S&P500 Stock Market Crash Detection Strategy v2" script and set "Auto Fit Data To Screen" (bottom-right) Look in the strategy tester overview to optimize the values "Percent Profitable" and "Net Profit" (using the strategy settings icon, you can increase/decrease the parameters). How to interpret the graphical information? In the SPX graph, you will see the Buy(Blue) and Sell(Purple) labels created by the strategy. The green/red graph below shows the accumulated profit/loss in % of to the initial buy value of the trade (it revolves around 100%, 110 means 10% profit, 95 means 5% loss) The small purple blocks indicate out-of-trade periods The green graph below the zero line is the stochastic RSI buy signal. You can set a threshold (green horizontal line). The vertical green lines show minima below that threshold and indicate possible buy signals. The blue graph above the zero line is the normalized volatility signal. You can set a threshold (blue horizontal line) affecting buy signals. The red graph above the zero line is the slower stochastic RSI sell signal. You can set a threshold (red horizontal line). The red areas indicate values above that threshold. However real exits are triggered if close values are crossing below the trailing stop value or optionally when the fast moving average crosses under the slow one. The red areas above the threshold are rather indicative to show that the SPX is expensive and not ideal to enter. Please note that in bullish periods the red line and areas can stay at a permanent high value, so it is not ideal to use as a strict sell signal. However, when it drops below zero and the green vertical lines appear, these are strong buy signals together with a high volatility. These Parameters can be changed Buy Stochastic Lookback Buy Stochastic Smoother Buy Threshold Buy Only After Fall Minimum % Fall Sell Stochastic Lookback Sell Stochastic Smoother Sell Threshold Sell Only With Profit Minimum % Profit Use Sell MA Fast MA Sell Slow MA Sell MA Sell Threshold Use Buy Volatility Volatility Smoother Volatility Threshold Use Trailing Stop Use ATR (iso of a fixed percentage for the trailing stop) ATR Lookback Trailing Stop Factor(or fixed percentage if "use ATR" is false) Trailing Stop Smoother Important : optimizing and using these parameters is no guarantee for future winning trades!
SP:SPXEducation
by XPl0RR
Spot Bullish and Bearish Divergence PatternsHow to trade with Divergence? A condition where the price candles’ tops or bottoms point in a different direction from the corresponding tops or bottoms of the oscillator's signal line is called a divergence. Such divergence can be bullish or bearish. In simple words, the price movement is opposite to the stochRSI, Price lower lows, stochRSI higher lows = bullish divergence>go buy Price higher highs, stochRSI lower highs = bearish divergence>go sell
NYMEX:CL1!
by TraderAsist
BNBUSDT Price, time & divergences.As a update about my current bear position on CZ coin as you can see by the link below. The price action is heading one leg downward to complete a wave 5 of a contracting ending diagonal, according to the Wave Principle. That seams a breakdown can be expected to the local demand, as we can see clearly on this chart. After broken, the trendline tends to be retested. All my projections are displayed. Technicals: * Chaikin Money + 100EMAx100MA cross; * ESCGO_LB; This H4 chart is showing a lot of correlations about price, time and divergences on Chaikin Money Flow in in conjunction of 100EMA & 100MA moving averages crossover plus regular and hidden divergences, which is my system I've used to finding turn-points. If in parallel with RSI, is possible to note a lot of divergences that only Chaikin oscillator can display. * In addition, an ABCD reciprocal (0.886:1.128) projection as an alternative projection.
Short
by firmestudio
1
Stochastic RSI in detail and how to use it.The Stoch RSI (Stochastic Relative Strength Index) is a technical analysis indicator used to identify overbought or oversold conditions in financial markets. It is a combination of two popular indicators: the Stochastic Oscillator and the Relative Strength Index (RSI). The Stoch RSI applies the Stochastic Oscillator formula to the RSI values, aiming to provide a more sensitive and faster signal for potential trend reversal. The Stoch RSI is calculated as follows: Choose the time period for which you want to calculate the Stoch RSI. The most common period is 14 . Calculate the RSI: (Detailed post on this in the link below) Determine the highest and lowest RSI values: Identify the highest and lowest RSI values over the same time period (e.g., 14 days). Calculate the Stoch RSI: Use the following formula to calculate the Stoch RSI: Stoch RSI = (Current RSI - Lowest RSI) / (Highest RSI - Lowest RSI) The resulting Stoch RSI value will range from 0 to 1 (or 0% to 100%). A value above 0.8 (or 80%) typically indicates an overbought condition, suggesting a potential price correction or reversal, while a value below 0.2 (or 20%) indicates an oversold condition, which may represent a buying opportunity. What does Stoch RSI tell us ? Stoch RSI is a measure of how fast the RSI is changing. As an analogy. Imagine you are driving your car and have foot on the accelerator which will cause increase in the speed of your cat at every moment, now the rate at which your car's speed increases is acceleration. The bigger the more powerful engine your car has the more acceleration you get and the faster you get to the top speed of your car. So, in this analogy speed of your car at any instant is RSI , acceleration is Stoch RSI and top speed of your car is overbought condition of an asset. RSI measures who is relatively more aggressive among buyers and sellers at a given instant. Stoch RSI measures how aggressive the buyers or sellers are at a given instant. So just like in a fight if someone is too aggressive, they are going to spend themselves too quickly and even though they want to fight more they won't be able to until they ease up and relax a bit, this is similar to Stoch RSI of an asset getting to overbought condition and then asset either retraces or takes a pause as buyers are exhausted and need to regain strength by taking profits which turns them into sellers and the asset starts moving in opposite direction. Why is 80 considered overbought? The number 80 is chosen based on empirical evidence, suggesting that when the Stoch RSI reaches these extreme values, there is a higher probability of a price reversal or correction. When the Stoch RSI is above 80, it indicates that the asset's price has risen significantly over a short period and could be overextended. In this situation, the asset may be overvalued, and traders may consider selling or taking profits as the price could reverse or correct. How to use Stoch RSI to enter a trade? How to enter a Long Trade: ======================= Step 1. Always use Stoch RSI along with RSI to make a decision: Step 2. Use it on mid to high term time frame (4h and higher). Step 3. Make sure both RSI and Stoch RSI are in oversold zone. Step 4. Make sure the asset is resting on a key support level and holding it. Step 5. Fearlessly enter the trade. How to enter a Short Trade: ======================= Step 1. Always use Stoch RSI along with RSI to make a decision: Step 2. Use it on mid to high term time frame (4h and higher). Step 3. Make sure both RSI and Stoch RSI are in overbought zone. Step 4. Make sure the asset is rejected from a key resistance level and is not able to breach it. Step 5. Fearlessly enter the trade. What happens if Support or Resistance is broken in Step 3 above: ======================================================= That's where divergences come into play. What is a divergence? =================== Divergence is a technical analysis concept that occurs when the price of an asset and RSI/Stoch RSI indicator move in opposite directions, indicating a potential trend reversal. There are two types of divergences: bullish divergence and bearish divergence. Bullish divergence occurs when the price of an asset makes a new low while the RSI/Stoch RSI indicator makes a higher low. Remember from explanation provided in sections above, this suggests that even though the price is going lower there are more buying activities than selling and the assets are becoming stronger, and a potential trend reversal may be imminent. Bearish divergence, on the other hand, occurs when the price of an asset makes a new high while the RSI/Stoch RSI indicator makes a lower high. I have highlighted bullish divergence in chart with purple line. Shown in Red line is bullish Divergence in Stoch RSI, when RSI is not fully oversold, this can happen when a new support is being formed on the chart due to changes in fundamentals of the underlying asset or some news events. Bullish and Bearish Divergences are even more powerful signals for taking trades, but we must make sure price is holding a support or rejecting from a resistance before taking the trades, otherwise divergences can easily disappear. Why do traders fail to effectively use RSI? The primary reason is lack of experience in trading. Which leads to impatient behavior. Not knowing how to mark key support/resistance levels. No risk management skills. (Taking too much risk) Lack of trust in self when taking trades, (Keep stopping losses too tight which knocks them out of the trades). I have shown several instances where RSI generated long signals and all of them were successful, the only reason a trader would not be able to use RSI effectively is because of the above reasons.
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by zakoraio