(i) Arrow represent trade setup
(ii) Circle represent triggering of the trade
1. Where to place stop loss?
2. Where to exit the trade?
3. How to protect gains in your trade?
4. How to apply money management rule?
5. How to trade gap opening?
The Commodity Selection Index ("CSI") is a momentum indicator. It was
developed by Welles Wilder and is presented in his book New Concepts in
Technical Trading Systems. The name of the index reflects its primary purpose.
That is, to help select commodities suitable for short-term trading.
A high CSI rating indicates that the commodity has strong trending...
This strategy is for learning purposes only. Pay special attention to these strategies on longer aggregation periods (like 1 hr chart or more). Don't expect accurate results when you set a limit to 10 cents above your entry to be accurate. For example if you set the chart to 1 day, the price may move down and hit a stop 10 times then tag your limit. If this...
This is THE tick tick boom method from the GOLD MINDS group!
When we enter a trade the line changes color.
If your charts are not in UTC time then you can adjust the UTC offset time. If your charts are in UTC-9 then set this to 9, if you are in UTC+1 set this to -1, if your charts are un UTC then set this to 0.
I noticed daily pivots, support, and resistance...
Sharing the simple trend following trading strategy, traders can add their own rules in this, to minimise the losses and maximise the profits. Like below.
1. Go long only if price is above 189 days EMA/SAM
2. Exit position when high or low of previous candle is breached in the opposite direction of the trend.
3. Go long...
This simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is...
This is the main strategy that I will be forward testing on demo for a month or two, then making it an EA in MetaTrader4
You can see the code for yourself this time, all the strategy is, is a crossover of various moving averages.
Commission included, $10,000 account.
Results over the past 3 months, beginning in January 2017.
My strategy uses a combination of three indicators MACD Stochastic RSI.
The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time
This strategy works well on stocks and cryptos especially during market breaking up after consolidation
The best results are on Daily charts , so its NOT a scalping strategy. But it can...
Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.