TRX /USDT LONG 1H - CHAMELEON SIGNAL
A melding of all the research done on CHAMELEON indicators and the like. A culmination of 3 years work.
This is NOT the only indicator you will ever need, since there is a requirement to run a tuning variable through the configuration in order to make the supply/demand zone align up correctly with the market cycle. Doing this also allows for the cycle tops and bottoms to work better as well as other trend adjustment filters and lookback periods for percent rank analysis. Really there is too much to explain here, but the point of this indicator is to make it possible to use this research without any understanding!
Of course, risk management is still absolutely vital. I have not yet built up a personal trading diary with this, since this is its inception day - but I am sure that if would use the LONG and SHORT indicators as at the very least a rule to not trade against, that would be a very good start.
This is NOT the only indicator you will ever need, since there is a requirement to run a tuning variable through the configuration in order to make the supply/demand zone align up correctly with the market cycle. Doing this also allows for the cycle tops and bottoms to work better as well as other trend adjustment filters and lookback periods for percent rank analysis. Really there is too much to explain here, but the point of this indicator is to make it possible to use this research without any understanding!
Of course, risk management is still absolutely vital. I have not yet built up a personal trading diary with this, since this is its inception day - but I am sure that if would use the LONG and SHORT indicators as at the very least a rule to not trade against, that would be a very good start.
Trade closed manually:
Break even close here - after the SHORT SIGNAL
Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
