This is the strategy I've been using lately to trade FTM and ONE on the hourly chart. 1. Price is below 200 EMA. 2. ATR down trend. 3. Bollinger Band squeezed. 4. Price crossed below EMA ribbon. 5. WaveTrend Reversed down. Over the past 50 trades, this strategy has won 33 times and lost 17 times. I usually use 1:1.5 RRR but for this particular trade and others...
Fully blind signal charting followup for Waves+, BTCUSD 4h. All horizontal lines/signals were plotted with the candlestick chart hidden and not visible. Additionally, this time, all directional trades and exits were determined with the chart hidden. Additional signal explanation and rationale is detailed in yellow text, annotated on the...
Example charting of signals from Waves+ with a partial blind - all horizontal lines/signals were plotted with the candlestick chart hidden. A full blind test with long/short signals plotted before the candlestick chart isn't hidden is in order - I'm fully aware that this potentially isn't realistic with the results on the signals due to them being placed after...
8H: 1H: 4H: 30m: EMAs used are 20/50/100. PAL (Price Action Levels) is used to automatically draw the relevant Open/High/Low.
Plus version of Waves with components from both Waves Advanced and Mnemosyne. Essentially, Waves+ is highly configurable hybrid wavetrend oscillator and Fibonacci oscillator. Pictured to the left are the various indicators that represent incremental steps/advancements toward the development and eventual refinement of a hybrid wavetrend fib oscillator. Waves+...