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Where users come together, showing what indicators they have combined, and the strategies to gain profits.
Where users come together, showing what indicators they have combined, and the strategies to gain profits.
1. So with the new algo settings also with taking safer tp levels its 1 to 2 1 to 3 1 to 4 1 to 6. 2. Ur question basically implies there moments of market structure that could be IN THE WAY, of your TP level. If that's the case, as noted in the original video, you simply subtract ONE from ur formula. If the formula dictates you do a 1 to 3, you...
Most of you by now should know the RSI Formula and how to use it. Its based on price action and when things happen on oyur price while the RSI is at a certain value either above 0 or below 0 .Here is the breakdown of how to calculate the formula.If ur RSI value is any of the following, you do this.RSI = 1 - 9 (your risk reward is 1:2)RSI = 10 -...
Indicator StrategiesGood day team. The RSI Formula should be illegal, how you cracked this is just pure genius. Months later and still no one else is talking about it or even made an indicator about it, well done CCoffeeShopCrypto👏🏿👏🏿 I have a questions. On the video you were using an RSI with 50 as the midline. Then the formula becomes: 50 = 1:2 60...
I have seen many videos talking about the midline of the Stochastic and the information is so completely wrong i had to try and write up something to help you guys out. I wrote up the article and published it in the blog. Some of you are better with a "Show and tell type format" so when I return from my trip, ill setup a video to give you guys...
Indicator StrategiesI have seen many videos talking about the midline of the Stochastic and the information is so completely wrong i had to try and write up something to help you guys out. I wrote up the article and published it in the blog. Some of you are better with a "Show and tell type format" so when I return from my trip, ill setup a video to give you guys...
Indicator StrategiesHi all! I am used to look for entries bit differently, however, looks like I found something that could work with RSI Strengths.-Wait for RSI Strengths and price divergence (RSI Strengths ~50-100)-Confirmation with Reversal Finder indicator (sometimes enough only with RSI Strength to be ~100, without divergence)-Can place quite tight SL-Exit opt1...
Indicator StrategiesThanks Eric! Actually I have. I made some profits on longs and shorts. I am using the indicator, not as a signal to buy or sale but as a confirmation. And I am using both levels as confirmation. (30 and 100. Smaller and greater confirmation). I used it with many indicators, one at the time or few. As an example, I use 3 Supertrend indicators as...
Indicator StrategiesThanks Eric! Actually I have. I made some profits on longs and shorts. I am using the indicator, not as a signal to buy or sale but as a confirmation. And I am using both levels as confirmation. (30 and 100. Smaller and greater confirmation). I used it with many indicators, one at the time or few. As an example, I use 3 Supertrend indicators as...
Indicator StrategiesYeah .. you been saying this over and over but people have to develop that eye in order to see it sadly. Still trying to pick the right ones is still a bit of a challenge for me .. but getting closer.
cant say theyre more accurate. maybe just easier to see?
Dang i been busy with work and haven't seen this one yet ill test your method out... but one thing i noticed is the readings for divergence on the strength is more accurate that the algo or am I trippen.
Began backtesting early this morning; powerful tool at first glance! I am currently testing against a few other powerful confluences. I noticed the range and might assume it mimics the Algo v6. -So far Im testing Identifying true tops and bottoms with it -Strength between Algo v6 and BETA -Also, various ways of strength decrease as it...
Indicator Strategiessoooooo much updates after much testing with the v6 and its other partnered indicators.... Hands down...v6 all day baby!!! IT'S TOOOOOOO SIMPLE. #SCALPERSDREAM
UPDATE on trading with RSI Strength over the past week. A really powerful tool particularly if you are trading tight StopLoss. Given that some assets are fast movers and some are slow, it would be prudent to say that one needs to have a relationship with at least one pair and study its behaviour. In my case I am using RSI Strength on the NAS and...
Sorry I forgot to include the divergence factor. Basically, I seek to find divergence off a higher timeframe (say D1 or H4), then I do a top-down analysis and start to chart PriceAction behaviour on lower timeframes. I will typically monitor m1 chart to inform me of immediate PA behaviour. If the pullbacks turn into reversals on the m1 chart, I...
Divergence to me in view of "is it a a bird or is it superman"?? aka....is it a pullback or is it a reversal. I struggled with this concept. My resolve so far is that it all depends on the timeframe one trades. I particularly use 2 major ema's in the form of ema200 and ema800. I also use minor ema's, namely 5 9 30 50. (30 is a wma30, the rest...
I have had the opportunity to test the SCS RSI Strength indicator. I am currently using it in combination with the CSC-Histo Macchiato. I changed colors and thickened lines. In the screenshot, I explain how I derive validating entries. This is just my own little strategy I have been working on and I now have the use of the SCS RSI Strength...
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Coffeeshopcrypto GPT + 3pl strategy coming up
Saturday, 09 December 2023 11:00 by CoffeeShopCrypto