Repeatable patterns. Something to watch on the 25 tick / 15 minute Renko chart for CL. This first image is late January. I’ve marked some areas of interest and where we could be in the pattern and something to watch.
This is from today’s price action.
Pay close attention to the action of the indicators between the two highlighted periods of time.
S&P500 (SPX) strategy using Stochastic RSI Min-Max, normalized Volatility and Trailing Stop signals, beats the Buy&Hold strategy by 16 times
Embarking on the quest to time the market accurately, the 'Holy Grail' of strategies, led me to create a script to approach this goal. Unlike other strategies that I tested, this one not only surpasses the long-term S&P500...
The Stoch RSI (Stochastic Relative Strength Index) is a technical analysis indicator used to identify overbought or oversold conditions in financial markets. It is a combination of two popular indicators: the Stochastic Oscillator and the Relative Strength Index (RSI). The Stoch RSI applies the Stochastic Oscillator formula to the RSI values, aiming to provide a...
Top 10 technical indicators for successful trading
Introduction:
Technical indicators are essential tools for traders to analyze market trends, identify potential trading opportunities, and manage risk. These indicators are mathematical calculations based on past price and volume data that can help traders make informed decisions about buying or selling assets....
Anytime we are taking a trade we're trying to build
a case to why it's a good trade.
Here the counter trend trader would be thinking:
-Price inside 4hr DBR demand zone
-Price overextended ridding the bottom of the BB
for 10x candles in a row
-Stochastic RSI is oversold
-Imbalance, correction, imbalance, with potential correction time.
-Average Imbalance wave to...
Strategy
1. Stochastic cross at 50 level
2. RSI cross at 50 level
3. MACD cross at 0 level
4. Engulfing Candlestick?
5. Level 2 Tape sentiment balance (Optional)
Technical Analysis
It's a simple technical analysis setup strategy for bullish or bearish trading setup in both bullish and bearish sentiment scenarios. All levels in the indicators are at standard...
Finding regular divergences is an easy thing especially when you're using the heiken Ashi algo oscillator but finding hidden divergences can be a little bit more complex. So in today's video I'm going to show you how to find hidden divergences and what you should do with them.
Obviously step number one is go to the community scripts on tradingview and search for...
What is the "Heiken Ashi Algo Oscillator"
Well here is a link to it
It is an indicator that measures volume and momentum.
It plots and RSI as Heiken Ashi candles.
It includes seven different types of moving averages against the relative strength index.
Each one of these moving averages calculates faster than the previous, starting from the SMA to the LSMA.
It...
We have trendline that connects highs and price is trending down. We also see resistance zone formation that price tested 3 times. On the 3rd
touch price also tested the trendline and formed bearish candlestick pattern. Stochastic indicator worked
well as it gave another confirmation so sell (red circle).
1. Downtrend
2. Trendline
3. Resistance
4. Bearish...
A member of TV asked a question about how to set an alter for the HARSI indiciator and wanted to know how to get an alert each time the Stochastic %K line passes down crosss the 20.00 value.
You can use the same method when it crosses up from below the -20.00. You just need to add a ( - ) sign into your "value"
@Sandra117
