I have found the Holy Grail indicator for the Dow Jones - 100% right so far
batsonar
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TEAMTRADER - NOTHING TO REPORT ON THE DOW AT THE MOMENT MY FRIEND. NO WHERE NEAR A "BUY" SIGNAL. I AM GOING TO TRADE FOR REAL SOON WITH ABOUT £1,000. I WILL BE TRADING CFD CONTRACTS ON Trading212. I AM NOW VERY CONFIDENT IN MY TRADING SYSTEM WHICH HASXA WINDOW RATE OF ABOUT 75%.
batsonar
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TEAMTRADER - THIS IS CALLED THE ADv/Decline VOL Ratio INDICATOR.
I BACK TESTED THIS INDICATOR FROM THE 31st OCTOBER 2019.
THERE WERE A TOTAL OF 214 TRADES ALTOGETHER. 160 WERE WINNING TRADES AND 54 WERE LOSING TRADES. THAT GIVES A WIN RATE OF 74.77% WHICH IS CONSIDERED EXTREMELY HIGH IN THE TRADING WORLD.
I SHALL BE USING THIS INDICATOR AS MY MAIN "BUY" AND "SELL" INDICATOR FROM NOW ON.
AS YOU CAN SEE ON THE CHART, THE DOW IS SITTING ON A "PIVOT POINT" SUPPORT LEVEL OF 34,295 (SEE PINK LINE).
ALSO THE Adv/Decl VOL Ratio, HAS STARTED TO HEAD BACK TOWARDS THE "ZERO" LINE. THIS POTENTIALLY IS A "BUY" SIGNAL.
THIS CONFLUENCE MEANS, THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
I BACK TESTED THIS INDICATOR FROM THE 31st OCTOBER 2019.
THERE WERE A TOTAL OF 214 TRADES ALTOGETHER. 160 WERE WINNING TRADES AND 54 WERE LOSING TRADES. THAT GIVES A WIN RATE OF 74.77% WHICH IS CONSIDERED EXTREMELY HIGH IN THE TRADING WORLD.
I SHALL BE USING THIS INDICATOR AS MY MAIN "BUY" AND "SELL" INDICATOR FROM NOW ON.
AS YOU CAN SEE ON THE CHART, THE DOW IS SITTING ON A "PIVOT POINT" SUPPORT LEVEL OF 34,295 (SEE PINK LINE).
ALSO THE Adv/Decl VOL Ratio, HAS STARTED TO HEAD BACK TOWARDS THE "ZERO" LINE. THIS POTENTIALLY IS A "BUY" SIGNAL.
THIS CONFLUENCE MEANS, THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
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TEAMTRADER
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You can relax Batsonar - I'm away for a week in Devon and Cornwall so will not even be monitoring the losing trade till I get back in the middle of next week around the 30th. It will recover eventually and I have enough funds to cover to cover the drawdown for a while yet.....
TEAMTRADER
TEAMTRADER
batsonar
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THIS IS MY EzAlgo AND EzOscillator INDICATORS, WHICH ARE PAID INDICATORS ON TRADINGVIEW.
THIS IS THE VIX ON A DAILY TIME-FRAME.
AS YOU CAN SEE, THE VIX HAS HIT A RESISTANCE LEVEL, WHICH MEANS IT COULD BEGIN TO FALL FROM THIS LEVEL. THIS IS GOOD NEWS FOR THE STOCK MARKET IN GENERAL, AS IT MEANS THE MARKETS COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
THIS IS THE VIX ON A DAILY TIME-FRAME.
AS YOU CAN SEE, THE VIX HAS HIT A RESISTANCE LEVEL, WHICH MEANS IT COULD BEGIN TO FALL FROM THIS LEVEL. THIS IS GOOD NEWS FOR THE STOCK MARKET IN GENERAL, AS IT MEANS THE MARKETS COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
batsonar
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TEAMTRADER - THIS IS MY EzAlgo AND EzOscillator INDICATORS WHICH ARE PAID INDICATORS ON TRADINGVIEW.
THE CHART IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE ON THE CHART, THE DOW HAS FORMED A "DOUBLE BOTTOM" OFF SUPPORT.
ALSO THE DOW, IS ABOVE THE 1 HOUR FIBONACCI "GOLDEN POCKET" (2 GOLDEN LINES), WHICH IS A GOOD SIGN.
IN MY OPINION, THE DOW IS GOING TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
THE CHART IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE ON THE CHART, THE DOW HAS FORMED A "DOUBLE BOTTOM" OFF SUPPORT.
ALSO THE DOW, IS ABOVE THE 1 HOUR FIBONACCI "GOLDEN POCKET" (2 GOLDEN LINES), WHICH IS A GOOD SIGN.
IN MY OPINION, THE DOW IS GOING TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.
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batsonar
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TEAMTRADER - THIS IS MY EzAlgo AND EzOscillator INDICATORS.
THIS CHART IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE, THE DOW HAS COME DOWN TO THE SUPPORT LEVEL FOR A THIRD TIME. WILL IT HOLD SUPPORT. MAYBE. THIS COULD WELL BE THE BOTTOM TEAMTRADER.
THIS CHART IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE, THE DOW HAS COME DOWN TO THE SUPPORT LEVEL FOR A THIRD TIME. WILL IT HOLD SUPPORT. MAYBE. THIS COULD WELL BE THE BOTTOM TEAMTRADER.
batsonar
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TEAMTRADER - THIS IS MY ADS OSCILLATOR.
AS YOU CAN SEE THE INDICATOR IS STILL WELL IN THE "RED" WITH NO "BUY" SIGNAL IN SIGNAL.
ALSO THE DOW HAS WELL "BROCKEN" THE "PIVOT POINT" SUPPORT LEVEL AT 34,295 (SEE PINK AND) AND NOW LOOKS TO ME, LIKE THE DOW IS IN FREE-FALL.
THE NEXT "PIVOT POINT" SUPPORT LEVEL IS ALL THE WAY DOWN AT 33,030 (SEE PINK LINE).
I AM CONCERNED TEAMTRADER IF YOU ARE STILL HOLDING A "LONG" POSITION.
AS YOU CAN SEE THE INDICATOR IS STILL WELL IN THE "RED" WITH NO "BUY" SIGNAL IN SIGNAL.
ALSO THE DOW HAS WELL "BROCKEN" THE "PIVOT POINT" SUPPORT LEVEL AT 34,295 (SEE PINK AND) AND NOW LOOKS TO ME, LIKE THE DOW IS IN FREE-FALL.
THE NEXT "PIVOT POINT" SUPPORT LEVEL IS ALL THE WAY DOWN AT 33,030 (SEE PINK LINE).
I AM CONCERNED TEAMTRADER IF YOU ARE STILL HOLDING A "LONG" POSITION.
batsonar
Experienced member
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TEAMTRADER - THIS IS MY EzAlgo AND EzOscillator INDICATORS WHICH ARE PAID INDICATORS ON TRADINGVIEW.
THIS CHART OF THE DOW IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE, THE DOW HIT THE RESISTANCE LEVEL AND REJECTED AND FELL FROM THIS LEVEL. AS YOU CAN SEE ABOVE THE CANDLE, THERE IS A "SELL" SIGNAL.
ALSO THE DOW HAS "BROCKEN" THE 1 HOUR FIBONACCI "GOLDEN POCKET" LEVEL.
ALSO NOW, THE DOW HAS WELL "BROCKEN" SUPPORT AND IN MY OPINION IS NOW IN FREE-FALL.
THIS CHART OF THE DOW IS ON A 1 HOUR TIME-FRAME.
AS YOU CAN SEE, THE DOW HIT THE RESISTANCE LEVEL AND REJECTED AND FELL FROM THIS LEVEL. AS YOU CAN SEE ABOVE THE CANDLE, THERE IS A "SELL" SIGNAL.
ALSO THE DOW HAS "BROCKEN" THE 1 HOUR FIBONACCI "GOLDEN POCKET" LEVEL.
ALSO NOW, THE DOW HAS WELL "BROCKEN" SUPPORT AND IN MY OPINION IS NOW IN FREE-FALL.
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