Get started

Wave Analysis

How to know where you areThe markets are fractal. Fractal : each part of which has the same statistical characteristics as the whole. This means that there are patterns within patterns on all degrees which can look identical from the macro to the micro. Just like the veins on your hands, to the rivers on earth. Although in terms of trading with take profits and stop losses, you need to know exactly which degree/fractal you are trading on because it can get confusing if you don't know where you are. The best way to learn how to approach this situation is to start from the macro and work your way down to the micro. My favorite way is, Daily 4hr 1hr 15min ( I personally stop here ) 5min 1min This is the easiest way to start and then once you find your time frame for setups, you will get flexible with these principles and use them in alignment with your time horizon for trading.
OANDA:XAUUSDEducation
by optimizedtrading
2
Introducing the Dual Dynamic Fibonacci Retracement IndicatorHey there, Stock Justice here. Today, I walked you through using the Dual Dynamic Fibonacci Retracement Levels Indicator on TradingView. This powerful tool calculates pivot points and determines Fibonacci retracement levels based on your position in the market. I explored every input, from lookback periods to toggling extra levels, to shifting and extending lines. We also delved into the use of two sets of Fibonacci levels to identify areas of confluence for more robust trading decisions. With vivid colors marking each retracement level and the flexibility to modify the lookback period, this indicator is a game-changer for pinpointing support, resistance, potential reversals, and continuations. Remember, the magic is in the details. Happy trading!
NASDAQ:QQQEducation
by StockJustice
1
Mastering Elliott Wave Theory with Renko ChartsElliott Wave Theory is a popular technical analysis tool used by traders to predict market patterns and trends. Developed by Ralph Nelson Elliott in the 1930s, this method is based on the idea that financial markets move in repetitive cycles or waves. In this comprehensive guide, we will discuss the fundamentals of Elliott Wave Theory and explore how Renko charts can be used as a supplemental tool to enhance your analysis. By combining these two techniques, you can gain a deeper understanding of market movements and improve your trading strategies. I. Understanding Elliott Wave Theory Basic Principles of Elliott Wave Theory Elliott Wave Theory is built on the premise that markets exhibit specific patterns, known as waves, that reflect investor psychology. These patterns can be broken down into two types: 1. Impulsive waves: These waves move in the direction of the larger trend and consist of five smaller sub-waves. These waves are marked in green below and are numbered 1,2,3,4, and 5. 2. Corrective waves: These waves move against the primary trend and consist of three smaller sub-waves. These waves are marked in red below and are numbered A, B, and C. The 5-3 Wave Pattern The complete Elliott Wave cycle consists of eight waves, with the first five forming an impulsive pattern and the last three forming a corrective pattern. This 5-3 wave pattern repeats itself, creating fractal patterns in the market. Below we have taken the main Elliot wave listed above and broken it down into the first subset. The impulse waves are labeled i, ii, iii, iv, and v and the corrective waves a, b, and c. Applying Elliott Wave Theory to Trading To utilize Elliott Wave Theory in your trading, start by identifying the primary trend and its wave count. Analyze the price action to determine if the market is in an impulsive or corrective phase. By understanding the current wave pattern, you can predict probable future movements and make informed trading decisions. II. Renko Charts: A Supplemental Tool for Elliott Wave Analysis What are Renko Charts? Renko charts are a unique type of price chart that only consider price movement and disregard time. Each block, or "brick," on a Renko chart represents a fixed price increment. When the price moves by the predetermined amount, a new brick is added to the chart at a 45 degree angle from the previous. This results in a clean, easily readable chart that highlights significant price trends. Benefits of using Renko charts By eliminating the noise of insignificant price fluctuations, Renko charts can help traders: -Identify trends more easily -Spot support and resistance levels -Recognize chart patterns and potential reversal points -Filter out false breakouts and whipsaws How to incorporate Renko charts into Elliott Wave analysis Renko charts can be a valuable addition to your Elliott Wave analysis by helping you confirm wave counts and identify high-probability trading setups. Here's how you can incorporate Renko charts into your analysis: 1. Confirming wave counts: Use Renko charts to validate your wave count by comparing the impulsive and corrective waves on both the traditional and Renko charts. If the wave count is consistent across both chart types, it increases the likelihood of a correct analysis. 2. Identifying high-probability trading setups: Renko charts can help you spot high-probability setups by highlighting significant price trends and potential reversal points. Combining this information with your Elliott Wave analysis can increase the accuracy of your trades. Indicators such as oscillators and moving averages can be useful to help identify these set-ups. Renko charts should not be used solely to make decisions as they are a synthetic chart but are a highly useful tool for identifying the underlying trends. 3. Managing risk: Utilize Renko charts to set stop-loss and take-profit levels based on support and resistance levels. This can help you manage risk effectively and protect your trading capital. Conclusion Elliott Wave Theory and Renko charts, when used together, can provide a powerful framework for analyzing market patterns and making informed trading decisions. By understanding the basic principles of Elliott Wave Theory and incorporating Renko charts as a supplemental tool, you can enhance your technical analysis skills and increase your trading success. As with any trading strategy, remember to practice and refine your techniques before applying them to live markets.
Education
by LeafAlgo
2
[Viking Pattern] Whales' Favorite Trap#Viking #Whipsaw #bulltrap #beartrap Recent financial market seems to be distinctively perplexing and bizarre, often leaving us traders in a state of confusion. Ultimately, our job as traders is to structure market fluctuations, which occur with certain probabilities, into trends and Price Actions based on time and price. The so-called scam moves and abnormal trends that have been frequently observed recently also tend to have patterns and can be somewhat formalized. Today, I would like to introduce a pattern that I have deducted and modeled based on insights of recent data. Those of you who have been trading a lot recently will probably be quite familiar. Interpreted from the perspective of Wyckoff Theory and the Master Pattern, this model ultimately intends to derive Price Action by distinguishing Accumulation and Distribution Phases in terms of horizontal Volume Profile. To systematize this pattern, various technical elements such as LVP (Low Volume Peak), HVP (High Volume Peak), Fibonacci Extension & Projection, Time Fibonacci Extension, trend lines, and parallel channels were utilized. Let me briefly explain features of the periodic phases that compose this model. 1. First and foremost, a significant volume structure forms in the horizontal level as various patterns including triangles (Ascending, Descending, Symmetric triangles, and Wedge, etc.), parallel channels, and diamonds, etc. It would consist of upper and lower bounds derived as either horizontal line (LVP) or sloped line (Trend line). Make sure to clearly mark these lines to later spot the meaningful breakout. 2. A strong breakout through upper or lower LVP (horizontal line) will take place, leaving the volume structure as consolidation zone or sideway channel above or below. Now the market has entered a distribution phase where the direction of a market trend clearly shows. We can target this level with Fibonacci Projection and Extension tools, but I find it quite risky entering against the trend, which would be a counter-trend strategy. In this study, the extension and projection levels utilized are 1, 1.13, 1.272, 1.414, and 1.618. 3. The impulsive momentum, whether bullish or bearish, eventually loses strength at some point forming a significant high or low. After, a new volume structure is generated again at a different level above or below the first structure. If this new structure shapes as relatively rounded or forms potential trend-reversal pattern, such as Cup with Handle, Adam and Eve, or Head and Shoulders, the probability of Viking pattern increases. Typically, the range of the second volume structure tends to be shorter than the first structure both vertically(pricewise) and horizontally(timewise). 4. Another breakout of the second consolidation, with the direction towards the first volume structure appears. According to the textbook, the confluence area where the LVP (which has been SR Flipped) and the trendline of the first volume structure overlap, is most likely to show retest support or rejection. However, if the price breaks through this very spot, which is defined as a POR (Point of Recognition) in this theory, a further impulsive trend is highly likely to follow. The essential part of this model is to spot potential PORs and apply trading setups using this very price momentum. 5. Fibonacci time zone extension tool were applied based on the periodic range of the first volume structure. Most of the time, the horizontal range of the first structure is longer than the length starting from the first breakout to the POR (Second breakout). In other words, if the second volume structure extends the previous one, the probability of occurrence decreases. The periodic extension levels used for targeting POR in this model are 1.13, 1.272, 1.414, 1.618, and 1.818. Here are some examples from various commodities and timeframes. - Bitcoin - Tesla - Microsoft - DXY (US Dollar Index) - ECOPRO 4hr Further studies and reviews of this model are to be updated later. Your subscription, comments and likes are huge motivation for me. Thank you.
Education
by Tommy_Trader
1
Unlock the Secrets of Doji, Hammer and Dragonfly DojiHello, Candlesticks have been there longer than most of us can imagine. They are a unique way of looking at things because they normally have four price points. Candlestick patterns are formed by the combination of one or more candlesticks, which are graphical representations of the price action of a financial asset during a particular time period. Doji, hammer, and dragonfly doji are three common candlestick patterns that traders use to identify potential trend reversals or continuation. A doji is a candlestick pattern that forms when the opening and closing prices of an asset are nearly identical. This results in a candlestick with a very small body and long wicks on both ends. A doji indicates indecision in the market and suggests that buyers and sellers are evenly matched, which can lead to a potential reversal in trend. A hammer is a bullish reversal pattern that forms at the bottom of a downtrend. It consists of a small body with a long lower wick and little to no upper wick. A hammer indicates that sellers have pushed the price down but buyers have stepped in and pushed the price back up, suggesting a potential reversal in trend. A dragonfly doji is a candlestick pattern that forms when the opening and closing prices are at or near the high of the day, with a long lower wick and no upper wick. It resembles a hanging man pattern but is considered bullish rather than bearish. A dragonfly doji indicates that sellers have pushed the price down but buyers have stepped in and pushed it back up, suggesting a potential reversal in trend. When looking at the doji, hammer, and dragonfly doji candlesticks, traders often analyze the price action surrounding these patterns. For example, if a doji forms after a strong uptrend, it may indicate that the buyers are losing momentum and a reversal could be imminent. Conversely, a hammer or dragonfly doji forming at the bottom of a downtrend may suggest that buyers are stepping in and a trend reversal could be on the horizon. Traders use these patterns in combination with other technical indicators to gain insight into the market and make informed trading decisions. These key candles will be very key in determining the direction of our next move on any asset class analysis.
NSEKE:SCOMEducation
by thesharkke
1
Structure drawingHello, Structure drawing is a crucial skill for wave traders as it helps them to identify potential price movements and trade opportunities. Technical analysis relies heavily on charting patterns, and understanding the different structures is vital to making informed trading decisions. Ascending and descending channels are two commonly used structures in technical analysis. Ascending channels depict an upward trend with higher highs and higher lows, while descending channels indicate a downward trend with lower highs and lower lows. By identifying these structures, traders can determine the strength of a trend, potential support and resistance levels, and make profitable trades accordingly. Herein is an example of the the descending channel. Mastering the skill of structure drawing is crucial for wave traders to succeed in the financial markets. Best regards, Thesharkke
NSEKE:IMHEducation
by thesharkke
What is Higher High, Higher Low, Lower Low, Lower High In this educational article, we will discuss the foundation of price action analysis: the concepts of highs and lows. In order to grasp that concept, you should learn to perceive the price chart as the sequence of zigzags. Depending on the direction of the market and the shape of these zigzags, its peaks will be called differently. There are 6 types of them that you should learn to recognize. 1️⃣ Equal Highs (EH). The peaks of bullish moves will be called equal highs, if they perfectly respect the same level (resistance), retracing from that and not managing to break above. 2️⃣ Equal Lows (EL). The peaks of bearish moves will be called equal lows, if they perfectly respect the same level (support), bouncing from that and not managing to break below. 3️⃣ Higher High (HH). The peak of a bullish move will be called Higher High, if the price manages to violate the previous high after a retracement. 4️⃣ Lower Low (LL). The peak of a bearish move will be called Lower Low, if the price manages to violate the previous low after a pullback. 5️⃣ Higher Low (HL). The peak of a bearish move will be called Higher Low if, after a retracement from the high, the price manages to set a low that is higher than the previous low. 6️⃣ Lower High (LH). The peak of a bullish movement will be called Lower High if, after a pullback from the low, the price sets a high that is lower than the previous high. Why these terms are so important? Because, firstly, you can apply them to objectively identify the market trend. Secondly, all the price action patterns are based on a combination of these highs and lows. You should learn these terms by heart, and you should learn to perceive the price chart as the sequence of zigzags, with a strict designation of each peak. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDEducation
by VasilyTrader
6
HOW TO USE FIBONACCI LIKE A PRO #part1Hi there! Bolu here The Fibonacci tool is one of the most popular tools on trading view and many traders use Fibonacci on their charts. FIBS are a major part of my trading system as you can see on this chart, i use it all the time, as I have to know what structure is saying on major and minor structure to aid my analysis and entry/exit confirmations. I will be sharing how I use my FIBONACCI tool in this post and you can take some notes and add to your trading plan if you want. BASICS OF FIBONACCI In mathematics, the Fibonacci sequence is a sequence in which each number is the sum of the two preceding ones. Numbers that are part of the Fibonacci sequence are known as Fibonacci numbers, commonly denoted Fn . The sequence commonly starts from 0 and 1, although some authors start the sequence from 1 and 1 or sometimes (as did Fibonacci) from 1 and 2. Starting from 0 and 1, the first few values in the sequence are: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144. The history of Fibonacci is all over the internet. My Job here is to show you how it can be used to your trading advantage. I majorly use the FIB retracement & FIB extension tool. Trading-view provides a whole lot of other types of FIBs, but they are not a part of my trading system, so i only focus on what is relevant to my Trading plan by keeping it simple. HOW TO USE THE FIBS It is imperative to understand that Fibonacci retracement is a tool used to measure the retrace of a counter trend based on the current trend.​e.g, After a downtrend formation, how far the correction would go would be measured with the FIBs​. while the Fibonacci extension tool is used to measure the 'length' of the continuation of that trend and is mostly used as Take profit levels IT CAN ONLY BE USED IN A TRENDING MARKET.​ You need a valid Uptrend point or Downtrend point to draw out your FIBd] Drawing out FIBs on the chart is a 3step process STEPS TO DRAW FIBS STEP 1 : SPOT A VALID BOS. STEP 2 : IDENTIFY POINT A – POINT B OF THE IMPULSE MOVE . STEP 3: DRAG FIB FROM THE HIGH TO THE LOW / LOW TO THE HIGH ​. I changed the default settings that the FIBS came with on Trading-view and replace the numbers and colors. Each FIB Percentage level means something unique on the charts and that helps with understanding what the trend is doing. The retracement levels are used to see how strong the pullback phase is. Understanding the strength of the pullback is one of the most important things to know in the trend . I will probably make another post on 'Trend strength Analysis'..., You can put it in the comments if you would like to study it with me. Now, back to our FIBs. Every FIB level is uniquely important and useful. The FIB Level that aligns with a key level of structure is ​High Probability. In the Part 2 of this post, i would share the 'secret sauce' of the FIB retracement levels and how they can be used in both Major and Minor Structure.
Education
by knowledgeforskills
THE BEST PATTERN TO TRADE AT THE END OF CORRECTIONS IN AN UPTREN1)The price touches a point with a gap 2)Pulling back and making a lower low pivot while breaking last low pivot. 3)Price attempts again and succeeds in breaking the range. 4)Failure to fight a dynamic resistance. 5)Price dump to activate the SL of Longers that is under lows A&B 6)A fake move to get in hasty Longers 8)Scaring and hesitating these hasty buyers 9)Breaking the channel and pulling back and moving away from it
Education
by S_AGH
A Guide to Defining 4 Key Elements for Consistent SuccessAre you tired of inconsistent trading results? It's time to master the art of profitable trading by defining four key elements that will ensure your success. In this post, I'll guide you through each step of the process - from your entry strategy to take profit - so that you can create a consistent and effective trading plan. First, I'll dive into entry strategy and why it's important to have a set of rules for every trade you open. I'll outline how to enter a trade and why you should follow the same rules for each trade. Next, I'll discuss stop loss and how to define where to put it. I'll help you calculate how much risk you're willing to take and how to set a stop loss that protects your capital. I'll then explain the importance of exit strategies and what charts you need to see before exiting a trade. You'll learn when and why to exit a trade and how to make informed decisions based on chart patterns. Take profit is another key element of successful trading that we'll cover. You'll learn when to take profits and what charts to look for to make those decisions. We'll help you set realistic goals for your trades and stick to them. Time frame selection is critical for consistency in trading, and we'll show you how to select the right time frame for your trading style. We'll explain why sticking to one time frame is essential for success. Finally, we'll teach you how to manage risk and calculate the amount of capital you're willing to risk on each trade. You'll learn how to accept the possibility of losing trades and see how it affects your overall profitability. With this guide, you'll be well on your way to mastering profitable trading by defining the four key elements of success. Start taking control of your trading today! Video Description about this Topic : www.tradingview.com
Education
by kristijanslatinsek
A CASE FOR TECHNICAL ANALYSISHello, Over time, we have been challenged to prove wetherit is possible to make money through technical trading. Here is a short strory about Paul who was able to exactly demonstrate that. One example of a technical stock trader who rose from rags to riches is Paul Tudor Jones. He started his career in the 1970s as a clerk on the trading floor, but he quickly learned technical analysis and began trading futures contracts. Through his use of technical indicators and chart patterns, he was able to make successful trades and eventually started his own hedge fund, Tudor Investment Corporation. Jones' success as a technical trader allowed him to amass a fortune, and he is now considered one of the most successful traders in history. LIFE JOURNEY Paul Tudor Jones was born in Memphis, Tennessee, in 1954. His father was a cotton broker, and Jones was exposed to the world of trading from a young age. He went to the University of Virginia and studied economics, but he was more interested in the markets than in academia. After graduation, he got a job as a clerk on the trading floor of the New York Cotton Exchange. Jones quickly realized that he wanted to become a trader, but he had no capital to invest. So he borrowed money from friends and family and began trading futures contracts. He was a quick learner and started using technical analysis to identify trading opportunities. Technical analysis involves analysing market data such as price and volume to identify trends and patterns, and Jones became a master of this approach. In 1980, Jones started his own hedge fund, Tudor Investment Corporation, with just HKEX:30 ,000. He continued to use technical analysis to make successful trades, and his fund grew rapidly. In 1987, he made a fortune by correctly predicting the stock market crash and profiting from it. By the end of the year, his fund was up 200%, and he had become a legend in the trading world. Jones continued to refine his trading strategies over the years, and he was one of the early adopters of computerized trading systems. He also became a prominent philanthropist, donating millions of dollars to charitable causes. Today, Jones is worth an estimated $6.4 billion, and his hedge fund is one of the largest and most successful in the world. Technical analysis works but you must become good at it to make money. Good luck & all the best in your journey
NASDAQ:CGCEducation
by thesharkke
Tradingview Volume toolsI've been using Tradingview for just over 8 years now. When I initially started using it I was transitioning from using Footprint tools. I would use techniques that in essence allowed you to see inside a candle. Coupled with techniques such as "DOM" Depth of Market and Cumulative Delta. After a while you get to see some of this stuff without the need of indicators. Tradingview have steadily added various tools to the platform and with a little help from being able to code your own tools it's made it an interesting space to play. So here's a quick overview on the abilities, encase you have yet to explore. This is not a lesson on volume as such, just educating you as to what the possibilities can be. Most would have seen or at least know about the volume on the X axis. This simply gives an idea of the happening of that particular candle, of course things can alter or yield different results based on settings and time frames. we've taken the time to incorporate this simple volume in one of our own indicators. Which is coupled with a Stochastic and a few other bits. It can also be used standalone for spotting divergence for example. You can see how the volume up and price up yet in the third price move up, volume has lowered. There are also various styles of showing this volume data - one such tool is Weiss waves. These are great in conjunction with techniques such as Elliott Waves and Wyckoff. I've shown this over the last two years here on TradingView and both of these techniques have been very useful on Bitcoin during this time. I mentioned CVD the cumulative Volume Delta, here you can see this under the Weiss Wave indicator. Like I said, have a play around with these on your own charts. You will spot some interesting things once you get to know them. Try various instruments as well as timeframes. More recently I posted a video on using Chat GPT to build a pinescript indicator. Here's the link to that post. Well, I've taken that a few steps further. What started as an idea in terms of using Footprint, X axis volume and then what's called periodic volume profile. I personally like to turn the bars/candles off when I got this on. Here's another view - this is the session volume profile and periodic volume combined without the candles being visible. This new indicator extracts various pieces of data and paints key levels based on my old trading style. As you can see today, this is showing like a magnet where the key levels in Bitcoin are likely to be. There's a bit more to it than that but in essence, its what I am showing here. To finish with you have two other tools here on Tradingview - one which is fixed range volume, just as it says on the tin. You can see volume inside a range you determine. I have used a low and a high here to find the PoC - Point of Control. Then finally, you have visible range; this I tend to use less personally, but I know many people like it. This allows you to view the volume profile based on what you have visible on the chart. As you can imagine, as you zoom in n out, it can change. Like I said, this is not a lesson on each tool - it's an intro to, for you to spend the time to play around with these tools. Feel free to ask questions below. Enjoy the rest of the week! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Editors' picks
COINBASE:BTCUSDEducation
by Mayfair_Ventures
18
Important to Understand About Leverage and Your Own EquityHi Everyone! This is simply a brief summary of WHY it's important to understand how to use leverage. We should always start (begin) with how much of our own equity we should allow to be at risk of liquidation. I personally allow myself to use up to 3 percent of my TOTAL equity in a position; while also allowing the price action to move up to 15 percent against my SWING position. This tutorial is referring to SWING trading and NOT scalping. I'm not going to take the time to write down everything here in the description. The content in the video should be sufficient to help one understand how to determine your position size. Your position size must rely on the following: How much of my TOTAL equity should I risk in a leverage position? What percent will I allow price action to move AGAINST my position before liquidating my position? Knowing those two (2) things (above) helps you determine the proper size of your position and how much leverage you should use in that position to avoid losing more than I intended. IMPORTANT: MAKE SURE YOU ARE USING ISOLATED LEVERAGE RATHER THAN CROSS LEVERAGE. Why? To avoid losing more of your total equity. Especially, if you did not setup a stop loss. It's best to simply use "isolated" leverage where at all possible. Remember... This is NOT a detailed tutorial on margin (leverage) trading. The main purpose of this tutorial was simply to point out how to manage the amount of your TOTAL equity you are willing to risk in any given trade... Why? Because doing this also helps you determine what should be the proper size of your position. However, you cannot know the proper size of that position if you do not also factor in how much of a move you will allow AGAINST your position before being liquidated. I'm not sure if this is confusing or not. It may be quite confusing to many and not so confusing to others. This is why it's best for you to watch the video. Thank you for your valuable time! Happy Trading and Stay Aweosme! David
Editors' picks
Education
by WyckoffMode
11
Bitcoin Fractal Dimensions II% 🕘 Fibonacci Reversal Zones give awareness about interconnectedness of historic patterns all the way to current candle. Projecting how one wave can be relative to the other using various Golden Ratios derived from waves of notable cycles. Application of chaos theory behind the nature of the market in Fractal Geometry. Long-term alertness for Violet Area: Why? Because Bitstamp doesn't show candles before 2012. those crucial fluctuations when price was encountering levels. BLX shows data before 2012 and covered with violet fib area from 1 to 1.618 Fractal Spit Up (Timing): General Fibonacci Channel responsible for LT Reversals (Price+Time related fib line) Vertical axis of Critical points of the Wavelength = Price related line Since market has its own way despite of our perception on price formation, this way we keep neutrality for Long-term strategic aspect. FREMA Levels: Curve mimicking lows of price expansion against time scale. Mind 2024 bitcoin halving period. If it really falls after reaching those hot short-term angled levels, that would be pre "assumed bullrun" period fueled by 2024 halving narrative. That's why relevant to our case fib levels are shown short length. Just like in quantum world particles arrear and disappear or be both, here the levels have their own limited time for the price to be reaching them. The sooner the price reaches them the more crucial reason for presence they have. Since wave frequency right there is high, it applies also to corrective waves. And Since corrective waves would have relatively same momentum measured as angles forming quantum world of possibilities - multi-universe fractal's critical points scaled in unfolding the market. Pretty much all opinions people do classical TA are summarized in terms of the market itself without without actually caring about the news background. Market has its own way and we know that external variable such as news, reports have positive or negative fundamentals already priced in as unfolding pattern to current candles. Odd chaotic movements of the market can be explained through this system of Fibonacci Channels. That's why subjective opinion is way too overrated since market as fractal system of unfolding patterns is more objective than opinions backed by classic TA at specific point of time. After all we care about reversal targets which can be justified by golden ratio rule governing the limits of waves and cycles. Angles are important because they have time cycle properties within it because market is nothing but a curvature in PriceTime blocks covering variable rates of change of fluctuations.
BITSTAMP:BTCUSDEducation
by fract
4
The 5-Indicator Technical FusionThe Hidden Gem of Market Strategy: The 5-Indicator Technical Fusion Ever felt like you've hit a gold mine when you discovered an ingenious, yet underrated, financial strategy? Buckle up, because today, we're diving deep into the world of technical indicators to unveil a mind-blowing market strategy that will leave you speechless. This strategy, called the 5-Indicator Technical Fusion, harnesses the power of five complex indicators, but we're going to focus on the one that sits at the perfect average. Get ready to unlock a whole new level of market mastery. The 5-Indicator Technical Fusion: The 5-Indicator Technical Fusion combines five advanced technical indicators that, when used together, create an unparalleled trading strategy. The five indicators are: 1. Schmancy Fibonacci Retracement Oscillator (SFRO) 2. Quantum Volume Expansion Index (QVEI) 3. Time-Traveling SMA (TTSMA) 4. Galactic Bollinger Bands Envelope (GBBE) 5. Psychedelic Relative Strength Index (PRSI) 6. Each of these indicators brings a unique perspective to market analysis, but the real magic happens when they're combined. However, we're here to talk about the one that hits the sweet spot right in the middle: the Time-Traveling 7. Moving Average (TTSMA). Time-Traveling Moving Average (TTSMA) – The Hidden Gem: The TTSMA is a revolutionary indicator that goes beyond the limitations of traditional moving averages. It uses quantum algorithms to simulate market behavior, projecting future price trends based on historical data. By analyzing the past, the TTSMA can predict future price movements with an astonishing degree of accuracy. Why the TTSMA Rocks: 1. Predictive Power: The TTSMA's ability to foresee market trends before they happen gives traders a significant advantage in making informed decisions. 2. Time Efficiency: The TTSMA saves traders precious time, as it quickly identifies potential entry and exit points without the need for tedious manual analysis. 3. Risk Management: The TTSMA helps traders mitigate risk by providing insights into potential price fluctuations, allowing them to adjust their strategies accordingly. The Secret Sauce: Averaging the 5-Indicator Fusion: Although each of the five indicators in the Technical Fusion is powerful on its own, the true strength of this strategy lies in their combined power. To unlock the full potential of the 5-Indicator Technical Fusion, traders should use the TTSMA as the central pivot point while incorporating the insights provided by the other four indicators. The 5-Indicator Technical Fusion, with the Time-Traveling Moving Average as its core, is a groundbreaking and largely undiscovered market strategy that offers traders unparalleled predictive power, time efficiency, and risk management. So, next time you're looking for an edge in the financial markets, don't forget to explore the hidden gem that is the TTSMA. You won't be disappointed.
SP:SPXEducation
by Julien_Eche
2