XanderCrypto

EdgeAnalysisGroup: Momentum Clouds Set-Up

What do you need turned off and on in the settings to have this exact setup?
  • Bar colours transparency = 100%
  • Lagging Span off
  • Baseline off
  • Conversion line off
What is it?
This trading strategy is an all in one. This means any additional parameters could make the set-up very noisy. I spent hours developing and back-testing the core of the whole method- volume clouds. The volume cloud is the wavey/much more fluid centralised cloud. These have in essence been left the same with new additions crafted around the volume clouds, the ichi and the momentum indicator. It Uses-
  • Volume
  • MA's
  • Ichimoku Clouds
  • Displacement
  • RSI
  • MACD
Even though your fundamental price action will come into play when using this indicator- it does abstract resistance/support zones and trade zones very nicely to make the overall difficulty of the indicator and trading experience much lesser.

How to trade on it?
  • Trade edge to edge on the clouds.
  • Mid-section is safe trade area on volume cloud.
  • Trade re-tests / rejections. Watching for 3rd retest + for break back into cloud.
  • Bullish mom + break above vol cloud = Bullish trend.
  • Bearish mom + break below vol cloud = Bearish trend.
  • Stoploss is situational.

Example board:
BTC/USD 1 Day.

ETH/BTC 1 Day.

NEO/BTC 4 Hour.

Hopefully from these examples, when observing them you are understanding how the clouds work, and how the momentum ties into the whole model, any questions don't hesistant to comment- and feel free to drop me a follow for my hard work too.

Thank you for reading, I hope this indicator can aid you, as it is doing with a few of my friends and myself.

All information found here, including any ideas, opinions, scripts, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.



نص برمجي محمي
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