Looking at the chart on 4hr time frame we see a good opportunity for a short entry at roughly $67,400. Reasons -Key moving averages converge as potential resistance -Key moving averages not yet tested as resistance -Daily trends in my indicators point toward more consolidation Entry method -Limit Order -Front run the 200 MA at $67,350 Best case scenario we fill...
Looking at the chart on 4hr time frame we see a good opportunity for a long entry at roughly $61,000. Reasons -Prior support at same levels (yellow line/arrow) -Key moving average support level (200 MA) -$60k potential wick area for bottom of the daily Bollinger Bands Entry method -Ladder entry -Front run the 200 MA at $61,800 -Right at 200 MA -Below catch wicks...
In this video idea, I share some common mistakes I see people make when looking at and interpreting strategies and indicators on TradingView that may impact their profitability when trading. I also share some helpful tips on how to avoid falling for other people's mistakes by getting sucked into public strategies that seem too good to be true, and also how to use...
This video idea explains how to use the strategy tester on TradingView to evaluate the performance of your strategy. We go over all of the data presented for you regarding your strategy, and if we make mistakes along the way you can always check out the TradingView help section that is specifically for the Strategy Tester. I highlight the overview of your...
In this video idea, I discuss the idea of how to check for bias in recent events in an indicator by requiring that X of the last Y candles meet a certain condition. It is common to refer to recency bias as something that can skew your view on things based on recent events. In this case, I am referring to applying a bias to our indicator based on recent...
Come have a discussion about your favorite crypto, stocks or other TradingView features, or just listen and learn as BigBits shares knowledge and techniques towards developing indicators and strategies on TradingView with Pine. Check out the profile!
Come have a discussion about your favorite crypto, stocks or other TradingView features, or just listen and learn as BigBits shares knowledge and techniques towards developing indicators and strategies on TradingView with Pine. Check out the profile!
In this video idea, I share how to create indicator settings configurations by creating a new input with a set of options that will automatically adjust your indicator or strategy based on pre-defined values.
Come have a discussion about your favorite crypto, stocks or other TradingView features, or just listen and learn as BigBits shares knowledge and techniques towards developing indicators and strategies on TradingView with Pine. Check out the profile!
In this video idea, I share what Indicator Templates are and how you can use them.
When looking at higher resolution charts, let's say 4hr and higher (longer) one sign I look for in my Fancy Triple Moving Averages indicator is the alignment of the 50, 100 and 200 moving averages relative to each other to spot potential relatively mid to long term trend changes. I often also look at the mid band on the Fancy Bollinger Bands indicator to get...
Hello, This video idea covers some of the big updates added to Pine and TradingView over the last several days. Most importantly, I show you how to use the following new features: - line.get_price() - a function used to get the price of a line object on the chart at a specific bar value - label styles - how to use the new styles added into Pine for your...
This would be a short term trade, as we're trading against the trend. Key takeaways: Price topping out around 200 day MA Lower volume levels on the bullish price action It looks like a bearish divergence on just about every indicator that I use regularly. -MACD -Stochastic -StochasticRSI -RSI/SmoothedRSI I would look for a test of our old channel resistance...
The 5-day BTCUSD chart looks absolutely incredible for a potential bullish push in the coming month or two. Key takeaways from the current chart: Support found on the 100 & 200 days SMA. Stochastic, Stochastic RSI and RSI all starting to trend up from oversold levels (RSI close enough). Stochastic and Stochastic RSI has been oversold for an extended period...
This would be a short term trade, with potential for a longer run. Key takeaways: Green 50 Day MA was rejected. Daily Mid-BB giving out currently. Stochastic, Stochastic RSI and Smoothed RSI appear to be starting a downtrend. Potential MACD cross down upcoming. The chart just doesn't look good with those indicators at this moment. This is during the...
From my last idea about COINBASE:LTCUSD on the weekly: "Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC , see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is...
COINBASE:LTCUSD Has had an interesting 2019 already having a 7x move from ~20 to ~140. Now at ~60 there appears to be another momentum change approaching on the weekly chart. First notice that the forecasted MAs suggest a 50 over 100 weekly crossover sometime at the end of the year. This would follow a forecasted crossover for COINBASE:BTCUSD with the...
BINANCE:BATBTC has been moving great over the last few weeks, although progress will be hard to come by soon I think. Resistance is visible in the red box. Two times the areas circled in red in the red box held as support, but the price is now approaching from below meaning they could prove as points of resistance. The 50 day SMA is forecasted to cross...