That's the Part.1 of my collection of Uncrowned best indicators for trading. I choose to call this post " uncrowned " because these indicators are firstly free resources and second well utilized and combined are much better than most of the paid indicators. Often the best indicators are forgotten just because seem too basic or have no marketing behind them. I...
We will analyze indicator data at Btc. Aroon; We can tell from the long-running parallel channel movements that there is a jam. It is possible to see that price movements in CMF and CCI do not make a candle close enough to cause a strong signal by the Aroon indicator. This long-term parallel going can realize a strong refraction. The fact that Aroon Up has been...
Hi traders! Today we gonna tell you about one of the most interesting indicators. As you know, trend is based on price action. Everything on the market based on price action, LMAO. Thus, it’s considerably important to define and extract some hidden states, that can play a huge role in trend predicting. Aroon is one of this hidden-state finders. The Aroon...
Although you don't see a million on my charts, it is important to use a million indicators (or five or six). I like to think about it like lovers, the more you have... the more they will all agree with one another. When I'm making larger plays, I make sure that NOT JUST ONE , but multiple indicators agree with my predictions. Here are some of my favorite...
In this case this indicators would have lead to nice profits, with no big risk! Stop loss, take profit on the tether line, or when aroon crosses?
Add to Chart 50sma Aroon - change color to green/red ATR 50sma Base Line Price above Long trades Price below Sell trades Aroon Crossover Entry Buy - Green above Red Sell - Red above Green ATR Money Management SL = 1.5 x ATR TP = 1 x ATR