Sounds great Eric. Let me at this thing. I got some things to try….
I’m intrigued as always Eric. Looking forward to you sharing what you got cooking in that brain of yours. 🤩
Has some awesome concepts in it. I am excited to watch it come about and see how we can use it to predict the immediate future...like a goddamn crystal ball!
Here is another take on taking two of Eric's excellent indicators and combining them. I combined the Heiken Ashi Algo and the Stocashi + Caffeine Crush. Added the two together in the same window, and removed the Stocashi while leaving the Caffeine Crush piece.
Although I have been doing GREAT with the Heiken Ashi Algo, I wanted the Caffeine Crush...Here is another take on taking two of Eric's excellent indicators and combining them. I combined the Heiken Ashi Algo and the Stocashi + Caffeine Crush. Added the two together in the same window, and removed the Stocashi while leaving the Caffeine Crush piece.
Although I have been doing GREAT with the Heiken Ashi Algo, I wanted the Caffeine Crush piece from the Stocashi to show me the strength of the move. This afternoon I put it to work and had two awesome entries long on BTC and the caffeine crush did its job of keeping me out of the last trade before I quit for the day.
I put notes on the chart to describe what my thought process was.
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Dang text box in the photo gets covered by the action but here is what I had in it.
Some thoughts on this... I would have probably entered into this trade if I had still been trading at this time.
You have 2 choices...you either set a stop loss at the previous swing low...or you ride this bull naked with no stoploss.
Why would I ride naked...Dang text box in the photo gets covered by the action but here is what I had in it.
Some thoughts on this... I would have probably entered into this trade if I had still been trading at this time.
You have 2 choices...you either set a stop loss at the previous swing low...or you ride this bull naked with no stoploss.
Why would I ride naked besides liking the feel of my balls in the breeze?
Momentum & direction...when I am green on the 6 hr, 4 hr, and 1 hr then I am betting on direction will overall head to the upside.
If you notice...it does not fall by much...that is the power of direction. But then while I was writing this up, I took the last trade in the screenshot and rode it up to an 89% profit.... ka-ching! BOOM!
Isn't trading fun?
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Nice! I had the same idea and started implementing it last night. If anyone else is playing with the indicators like this make sure you right-click on
Okay. This algo is a keeper Eric so don't wander off with it, please. Tradingview's replay function should be everyone's secret weapon in learning how
And here thought I was going to have a boring night… thanks for the release Eric!
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Thanks for increasing the character limit Eric! Now give me back CoffeeBreak indicator access so I can continue to talk about this amazing stuff you put together!
Okay... I have been putting the Coffeebreak indicator through its paces and here are a few observations.
My first observation was it was very difficult for me to make that switch in my...Thanks for increasing the character limit Eric! Now give me back CoffeeBreak indicator access so I can continue to talk about this amazing stuff you put together!
Okay... I have been putting the Coffeebreak indicator through its paces and here are a few observations.
My first observation was it was very difficult for me to make that switch in my head to the support and resistance levels being set by the RSI. A very novel concept I have to admit. At first, I was scratching my head saying "WTF is it telling me?" The "ah-ha" moment occurred when I started simultaneously drawing the boxes on the price candle when the indicator started drawing the box on the RSI.
For me, this has been invaluable when dealing with the end of a run-up or down the chart. The number one thing that I hate more than anything is getting caught by a false breakout at the end of a run. This indicator shows them every time. The other thing that pleasantly surprised me was the way that it tells you once the RSI breaks out of its range between 10 and -10, if it doesn't draw out a support or resistance level then it is on like Donkey Kong...the price is going to move and you are going to get profits.
I suggest others who are trying to figure this out this indicator to watch Eric's videos closely, stopping and replaying. Take your time with just that indicator and NOTHING ELSE. No moving averages, nothing! It will help you start to see the patterns and behavior. The coffee break indicator is sitting silently underneath the chart telling you everything you need to know about that price action.
The more I use this, the more I like this indicator. Great job Eric! - feeling cheeky
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yep i saw it. thanks very much my man. It was a very involved response. Its good to have that on the channel
Hi there. Left on vacation and just getting back into the swing of things. I would like access to check this out.
Hey there. Read the rules and would like access. TV Id is playnotwork2021
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