Takeprofitsignal
Solana and my indicator (ABI index)ABI index:
Variable value is not limited. but usually from 0 to 100
User manual:
-If abi<20, market price is oversold. This is a buy signal (under 20 or crossover 20)
-If abi>80, market price is overbought. This is a take profit signal (cross under 80)
If you have any requests or suggestions, please comment or share if this is helpful <3
*Disclaimer: This is not investment advice
Market Structure - The Chart analysis (simplified!!!)Using Market Structure to identify entries in the FX market has been a life changing technique for me. Through this video, i described my process of entering trades using MS without a single indicator in sight!!!
You'll see the following :
1. How to draw support and resistance.
2. How to identify the trends in a market ? What is a Break of Structure ?
3. Avoiding fake outs using the Law of 2's (by waiting for two consecutive HH's and HL's | LH's and LL's).
4. What is a Major Level ? Is it really useful to my analysis?
5. How to determine Take Profit using MS.....etc
BTCUSD 1H STE PULSE STRATEGY INDICATORSTE Indicator shows Long Green Column Signal.
STE Indicator shows Long Green Column Crossover.
STE Indicator shows Entry Signal.
STE Indicator shows Stop Loss Signal.
STE Indicator shows Take Profit Signal.
PM me if you have any questions about our STE Pulse Indicator.
AUDJPY 1H EMA STRATEGYExponential Moving Average Strategy
(Trading Rules – Sell Trade)
Our exponential moving average strategy is comprised of two elements. The first degree to capture a new trend is to use two exponential moving averages as an entry filter.
By using one moving average with a longer period and one with a shorter period, we automate the strategy. This removes any form of subjectivity from our trading process.
Step #1: Plot on your chart the 20 and 50 EMA
The first step is to properly set up our charts with the right moving averages. We can identify the EMA crossover at the later stage. The exponential moving average strategy uses the 20 and 50 periods EMA.
Most standard trading platforms come with default moving average indicators. It should not be a problem to locate the EMA either on your MT4 platform or Tradingview.
Step #2: Wait for the EMA crossover and for the price to trade below the 20 and 50 EMA.
The second rule of this moving average strategy is the need for the price to trade below both 20 and 50 EMA. Secondly, we need to wait for the EMA crossover, which will add weight to the bearish case.
We refer to the EMA crossover for a buy trade when the 20-EMA crosses below the 50-EMA.
By looking at the EMA crossover, we create an automatic buy and sell signals.
Since the market is prone to false breakouts, we need more evidence than a simple EMA crossover. At this stage, we don’t know if the bearish sentiment is strong enough to push the price further after we sell to make a profit.
To avoid the false breakout, we added a new confluence to support our view. This brings us to the next step of the strategy.
Step #3: Wait for the zone between 20 and 50 EMA to be tested once when selling (and at least twice when buying,) then look for selling opportunities.
The conviction behind this moving average strategy relies on multiple factors. After the EMA crossover happened, we need to exercise more patience. We will wait for 1 successive and successful retests of the zone between the 20 and 50 EMA.
The successful retests of the zone between 20 and 50 EMA give the market enough time to develop a trend.
Never forget that no price is too high to buy in trading. And no price is too low to sell.
Note* When we refer to the “zone between 20 and 50EMA,” we actually don’t mean that the price needs to trade in the space between the two moving averages.
We just wanted to cover the whole price spectrum between the two EMAs. This is because the price will only briefly touch the shorter moving average (20-EMA). But this is still a successful retest.
Now, we still need to define where exactly we are going to sell. This brings us to the next step of the strategy.
Step #4: Sell at the market when we retest the zone between 20 and 50 EMA for the third time.
If the price successfully retests the zone between 20 and 50 EMA for the third time, we go ahead and sell at the market price. We now have enough evidence that the bearish momentum is strong to continue pushing this market lower.
Now, we still need to define where to place our protective stop loss and where to take profits. This brings us to the next step of the strategy.
Step #5: Place the protective Stop Los 20 pips above the 50 EMA
After the EMA crossover happened, and after we had two successive retests, we know the trend is down. As long as we trade below both exponential moving averages the trend remains intact.
In this regard, we place our protective stop loss 20 pips above the 50 EMA. We added a buffer of 20 pips because we understand we’re not living in a perfect world. The market is prone to do false breakouts.
The last part of our EMA strategy is the exit strategy. It is based again on the exponential moving average.
Step #6: Take Profit once we break and close above the 50-EMA
In this particular case, we don't use the same exit technique as our entry technique, which was based on the EMA crossover.
If we waited for the EMA crossover to happen on the other side, we would have given back some of the potential profits. We need to consider the fact that the exponential moving averages are a lagging indicator.
The exponential moving average formula used to plot our EMAs allow us to still take profits right at the time the market is about to reverse.
Because the market goes down much faster, we sell on the 1st retest of the zone between 20 and 50. For a Buy trade we wait for 2 retests of the zone. After the EMA crossover happened.
How to Trade With Exponential Moving Average Strategy.
The exponential moving average is the oldest form of technical analysis. It is one of the most popular trading indicators used by thousands of traders. In this step-by-step guide, you’ll learn a simple exponential moving average strategy. Use what you learn to turn your trading around and become a successful, long-term trader! A moving average can be a very effective indicator. Many traders use exponential moving averages, an effective type of moving average indicator, to trade in a variety of markets.
An exponential moving average strategy, or EMA strategy, is used to identify the predominant trend in the market. It can also provide the support and resistance level to execute your trade.
The Exponential Moving Average EMA Strategy is a universal trading strategy that works in all markets. This includes stocks, indices, Forex, currencies, and the crypto-currencies market, like the virtual currency Bitcoin. If the exponential moving average strategy works on any type of market, they work for any time frame. In simple terms, you can trade with it on your preferred chart. Also, read the hidden secrets of moving average.
Let’s first examine what a moving average is and the exponential moving average formula. After, we will dive into some of the key rules of the exponential moving average strategy.
Exponential Moving Average Formula and Exponential Moving Average Explained.
The exponential moving average is a line on the price chart that uses a mathematical formula to smooth out the price action. It shows the average price over a certain period of time. The EMA formula puts more weight on the recent price. This means it’s more reliable because it reacts faster to the latest changes in price data.
An exponential moving average tries to reduce confusion and noise of everyday price action. Second, the moving average smooths the price and reveals the trend. It even sometimes reveals patterns that you can't see. The average is also more reliable and accurate in forecasting future changes in the market price.
There are 3 steps for the exponential moving average formula and calculating the EMA. The formula uses a simple moving average SMA as the starting point for the EMA value. To calculate the SMA, take the sum of the number of time periods and divide by 20.
We need a multiplier that makes the moving average put more focus on the most recent price.
The moving average formula brings all these values together. They make up the moving average.
The exponential moving average formula below is for a 20-day EMA:
Initial SMA = 20-period sum / 20
Multiplier = (2 / (Time periods + 1) ) = (2 / (20 + 1) ) = 0.0952(9.52%)
EMA = {Close - EMA(previous day)} x multiplier + EMA(previous day).
The general rule is that if the price trades above the moving average, we’re in an uptrend. As long as we stay above the exponential moving average, we should expect higher prices. Conversely, if we’re trading below, we’re in a downtrend. As long as we trade below the moving average, we should expect lower prices.
EURUSD close to invert trend!The EURUSD bounced on a main support just few days ago, pushing up reaching the resistance at about 1.14380, confirming a double top and an inversion of trend.
We are waiting the Stochastic oscillator reaching an overbought value entering short at about 1.13415 until TP1 and TP2.
Let us know if you like our idea, leave a comment with your opinion and don't forget to follow us!
Enjoy Traders!
GMPinvestors
ASIAN SESSION 15M GBP PAIRS ROUND NUMBERS SCALPING STRATEGYDuring Asian Tokyo Session trade:
GBPUSD, GBPAUD, GBPJPY, GBPNZD.
Trading Time Zone: 1 hr before to 1 hr after Tokyo Session.
Trade 15m chart.
Add a "00" & "50" numbers indicator to chart or add them to your chart.
As the new trading day starts, watch how price reacts to those price levels.
This pair price came bullish, had a bearish pullback and then a short bullish continuation.
That allowed you to enter a bearish sell stop @ 2.0600 in the 1 hour before Tokyo Session.
Your bearish take profit is @ 2.0550 so enter a take profit order.
Make a hedging Buy Stop order @ 2.0550 or on a second account enter this order.
Your bullish take profit is @ 2.0600.
Enter a tight 10 pip SL.
BTCUSD 1D ADVANCED TRIANGLE BREAKOUT INDICATORAdvanced Triangle Breakout Indicator shows Short Trade Red Column Signal.
Advanced Triangle Breakout Indicator shows Open Short Trade Entry Signal.
Advanced Triangle Breakout Indicator shows Stop Loss Signal.
Advanced Triangle Breakout Indicator shows Adjusted Stop Loss Signal.
Advanced Triangle Breakout Indicator shows 1 x 2 risk/reward Take Profit Short Trade Exit Signal.
PM me if you have any questions I can help you with about this indicator.
GBPCAD 15M BIG BEN BREAKOUT INDICATORBig Ben Indicator shows the Asian Session Range
Big Ben Indicator shows 1H pre-London area
Big Ben Indicator shows 1h London Open area
Big Ben Indicator shows pre-London Stop Hunt Breakout
Big Ben Indicator shows Sell Signal as London Opens
Big Ben Indicator shows the Entry Price level
Big Ben Indicator shows adjusting Trailing Stop
Big Ben Indicator shows Take Profit level