CoffeeShop Crypto 10 / 28 SMAs
A lot of times you guys have heard me talk about the 10 / 28 strategy. It is a strategy that I use on high time frames mid time frames and low time frames and works wonderfully for finding liquidity rejections and continuations of trends.
This is a really simple moving average indicator that will plot out the 1028 strategy for you and I want you to notice that it is not just a 10 period moving average and a 28 period moving average because the slow moving average is actually calculated by part of the value of the fast moving average.
Since it would be more complicated to do the math for it and show you guys how to do it I Simply put it into the indicator and if you want to test it out you can take your slow moving average and change the value and you will see that it will adjust two of the moving averages. But if you change the fast moving average you will see that all of the moving averages from that point are adjusted.
HOW TO USE THIS:
This indicator has one white line which is your fast moving average which is your short term trend.
This indicator has a red moving average which is your long term trend.
In the middle of these two you will see a liquidity trend line that is automatically plotted based off the values of the fast and slow moving average.
When price needs to continue moving in the direction that you would like it to it needs to seek liquidity from time to time so when you get a rejection of this liquidity trend line you have a strong continuation in the direction of the previous trend.
LONGS:
You wanna find your entries as you are breaking above the fast moving average. Keep in mind at times you can scalp when you break this moving average with price because price action is telling you that you are going faster than the fast term trend.
So just because you're moving averages are upside down does not mean you cannot go long on your trades.
SHORTS:
The same applies for when you are going short. You can wait for price action to break below the white line even though your moving averages are right side up as long as you are paying attention to price action and the current trend you know that you can get back into that short trade.
CONTINUATIONS:
gift for example your price action has been in an uptrend you can see that your price comes down breaks below the white line and gives you a Wick rejection of the midline which is a liquidity rejection. At this point you can see that price action simply needed to gain liquidity in the market. It sought it out. Grabbed it and it should be continuing into your long term trade.
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- Release Notes:
Added ability to change line width
Added ability to change colors of all 3 MA
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Comments 155
Great!!
Granted. Glad you like it.
Make sure to come back to the community area and show us how you use it
Looking forward to testing the new indicator. please add me to the list. thanks
Hello baristo,I wish you well! I'm curious to see if I can use the indicator in conjunction with the Fibonacci retracements
THats an interesting strategy. Youll have to give us a breakdown in this group
Indicator Strategies
PS
Access Granted
No worries my man!i will! Thank you for the access!
Enjoy your HARSI indicator on a daily basis and use it for confluence with some others. Would love to try out the 10 28 !! Awesome work !
Great. Do me a favor and go to your profile. Check the tradingview username you chose in there because when i search you on tradingview i get like 3 guys with the same name. i think you dont have the full spelling here in CsC
Can you confirm the spelling please and correct it?
I left off a letter (w).... I changed the user name in my profile It's supposed to be dwsvetlik. Sorry about that !!
Would like to try it out. Thank you.
Granted my friend
Hi Eric, please give me access - I'm very excited Thank you!
Access granted to the 10 / 28
Enjoy. Make sure to follow the rules and stay active around here.
oh oh me me pick me pick me, i gotta test this beast out too
This funny guy right here!
Access Granted to the 10 / 28
make sure to stay active around here to keep it on your charts
Hey Erik, can you give me access to this ema to try the strategy tou describe in the recent video?
Access Granted to the 10 / 28
make sure to stay active around here to keep it on your charts
Awesome!!
Thank you, straight for testing
oh i expect to hear great things from you.......very often.
Could be a hangover here, but 10 of 10/28 SMA appears to land as an EMA when plotted up against CoffeeShop Crypto 3ple MA [set to EMA] for comparison. Also, on 10/28, is it possible to add color selection for midline for user? The TV video is very helpful, thanks!
thats some good feedback mate. thanks
yes later today ill update with a color selection for moving averages.
The original line (white) is an ema but the calculation for the other two is different.
Its really just to be used in conjunction with a specific strategy. So keep in mind this does limit it use across certain assets.