I have found the Holy Grail indicator for the Dow Jones - 100% right so far

HAHA - not funny:cry: It was an experiment - that went wrong.
I've entered a long at 35332 and will scalp upwards till I am in profit.
TEAMTRADER
PS +8 for first trade.
 

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Experiments are never messed if they are a learning tool - however I am still waiting for the up move and would have well covered my loss had I been shorting the chart.
TEAMTRADER
 
TEAMTRADER - THIS IS MY ADS OSCILLATOR INDICATOR WHICH MEASURES MONEY FLOWS.

THIS PARTICULAR INDICATOR HAS A WIN RATE OF 75% WHICH IS CONSIDERED EXTREMELY HIGH IN THE TRADING WORLD.

AS YOU CAN SEE IT IS STILL IN THE "GREEN" WHICH MEANS THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.

ALSO THE DOW IS SITTING ON A "PIVOT POINT" SUPPORT LEVEL OF 34,970 SO IT IS UNLIKELY TO FALL BELOW THIS LEVEL.

IN MY OPINION, THE DOW IS ABOUT TO MAKE A BIG MOVE TO THE UPSIDE.

THE DOW HAS BEEN IN A "TIGHT" TRADING RANGE SINCE THE 3rd AUGUST 2023.

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TEAMTRADER - THIS IS MY Adv/Decline Vol Ratio.

AS YO CAN SEE THE INDICATOR IS IN THE "GREEN" BUT IT HAS GONE "FLAT".

WHEN THIS HAPPENEDS, THE NEXT DAY THE DOW WILL FALL.

I HOPE THIS HELPS YOU TRADING FOR TOMORROW TEAMTRADER.

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THE "SELL" SIGNAL I GAVE AT 1:26 AM TODAY, TURNED OUT TO BE CORRECT AND THE DOW FELL BY 361 POINTS TODAY.

DID YOU CATCH THE FALL Mr. TEAMTRADER???
 
TEAMTRADER - THIS IS MY ADS OSCILLATOR. AS YOU CAN SEE THE INDICATOR HAS CROSSED THE ZERO LINE BACK INTO THE "RED". THIS IS A SELL SIGNAL WHICH MEANS THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE DOWNSIDE IN THE SHORT TO MID-TERM.

PLEASE NOTE, THAT THE DOW HAS CLOSED BELOW THE "PIVOT POINT" SUPPORT LEVEL OF 34,970 (SEE BLUE LINE) AND THIS LEVEL NOW BECOMES RESISTANCE.

I WILL BE MONITORING THE DOW ON THE 1 HOUR TIME-FRAME FOR ANY CLUES TO THE DOW'S NEXT MOVE.

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TEAMTRADER - THIS IS MY BATSONAR INDICATOR WHICH MEASURES MONEY FLOW.

AS YOU CAN SEE, THE INDICATOR HAS CROSSED THE ZERO LINE BACK INTO THE "RED". THIS IS A "SELL" SIGNAL WHICH MEANS THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE DOWNSIDE IN THE SHORT TO MID-TERM.

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THIS IS MY EzAlgo AND EzOscillator INDICATORS.

AS YOU CAN SEE, THE DOW HAS BROCKEN 3 SUPPORT LEVELS WHICH NOW BECOME RESISTANCE LEVELS, AND IS NOW IN DANGER OF GOING INTO "FREE-FALL".

HOWEVER , IF YOU LOOK AT THE "TREND RIBBON" ON THE EzOscillator, YOU WILL SEE IT IS IN "OVERSOLD" TERRITORY. THIS COULD MEAN THAT THE DOW COULD BE DUE A "BOUNCE" IN THE NEXT FEW DAYS OR SO.

I DO HOPE THAT THIS INFORMATION HELPS YOUR TRADING DECISIONS TEAMTRADER.


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TEAMTRADER - THIS IS A CHART OF THE DOW JONES (US 3O) ON A 1 HOUR TIME-FRAME.

THIS IS MY EzAlgo AND EzOscillator INDICATORS. AS YOU CAN SEE THE DOW IS SITTING ON A SUPPORT LEVEL. THERE IS ALSO AN "X" MILD " BUY" SIGNAL UNDER THE CANDLE.

ON THE EzOscillator YOU WILL SEE THAT THE "TREND RIBBON" IS IN "OVERSOLD" TERRITORY AND THAT A "BUY" DOT HAS BEEN PRINTED. ALSO THE "TREND RIBBON" HAS TURNED "BLUE".

THIS CONFLUENCE COULD MEAN THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM.

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THE "SELL" SIGNAL I GAVE AT 1:26 AM TODAY, TURNED OUT TO BE CORRECT AND THE DOW FELL BY 361 POINTS TODAY.

DID YOU CATCH THE FALL Mr. TEAMTRADER???
No - I had already entered a buy trade and my wife was poorly so I had to look after her - it is in freefall now but unable to correct it.
TEAMTRADER
 
TEAMTRADER - THIS IS A CHART OF THE DOW JONES (US 3O) ON A 1 HOUR TIME-FRAME.

THIS IS MY EzAlgo AND EzOscillator INDICATORS. AS YOU CAN SEE THE DOW IS SITTING ON A SUPPORT LEVEL. THERE IS ALSO AN "X" MILD " BUY" SIGNAL UNDERNEATH THE CANDLE.

ALSO THE DOW IS SITTING ON A FIBONACCI "GOLDEN" POCKET 1H.

ALSO A "BUY" SIGNAL HAS BEEN PRINTED UNDERNEATH THE CANDLE.

ON THE EzOscillator YOU WILL SEE THAT THE "TREND RIBBON" IS IN "OVERSOLD" TERRITORY AND THAT A "BUY" DOT HAS BEEN PRINTED. ALSO THE "TREND RIBBON" HAS TURNED "BLUE". ALSO THERE IS A "BULLISH" DIVERGENCE AND A "BUY" SIGNAL HAS BEEN PRINTED.

THE BOTTOM INDICATOR IS A "NEW" INDICATOR I JUST FOUND ON YOUTUBE. ITS CALLED THE GMMA OSCILLATOR. AS YOU CAN SEE IT APPEARS TO BE REALLY ACCURATE IN ITS SIGNALS. AT THE MOMENT IT IS GIVING A "BUY" SIGNAL (LINE HAS TURNED "GREEN")

THIS CONFLUENCE COULD MEAN THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE UPSIDE IN THE SHORT TO MID-TERM. I THINK IT WOULD BE VERY SAFE TO GO "LONG" TODAY TEAMTRADER.

THE DOW COULD REACH THE RESISTANCE LEVEL OF 35,360.


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The GMMA is the Guppy Multiple Moving Average Oscillator and I too have used it in the past.
Still unable to get out of the buy trade entered yesterday!!
TEAMTRADER
 
The GMMA is the Guppy Multiple Moving Average Oscillator and I too have used it in the past.
Still unable to get out of the buy trade entered yesterday!!
TEAMTRADER
I THINK YOU WILL BE ALRIGHT WITH THE "BUY" TRADE TEAMTRADER. HANG IN THERE MY FRIEND.
 
DAMN TEAMTRADER - THAT DIDN'T WORK OUT AS PLANNED. VERY SORRY FOR THE FALSE "BUY" SIGNAL.

AS YOU CAN SEE THE DOW BROKE THROUGH 4 SUPPORT LEVELS AND IS IN FREE-FALL.

ALSO THE GMMA OSCILLATOR HAS TURNED "RED". THIS IS A "SELL" SIGNAL.

THIS COULD MEAN THAT THE DOW COULD BE ABOUT TO MAKE A MOVE TO THE DOWNSIDE IN THE SHORT TO MID-TERM.

I SHOULD REALLY HAVE TAKEN NOTICE OF MY ADS OSCILLATOR AND BATSONAR INDICATORS. THERE WAS DEFINITELY NO "BUY" SIGNALS THERE. AGAIN I'M VERY SORRY TEAMTRADER FOR GIVING YOU A "FALSE SENCE OF SECURITY". I WOULD EXPECT THAT YOUR "STOP LOSS" TOOK YOU OUT OF THE TRADE. I SHALL DEFINITELY LEARN FROM MY MISTAKES.

I GUESS YOU WIN SOME YOU LOSE SOME HA Ha Ha 😂 🤣

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TEAMTRADER - THIS IS MY ADS OSCILLATOR. AS YOU CAN SEE, THE INDICATOR IS WELL IN THE "RED" WHICH MEANS "SELL" BIG TIME.

THE NEXT "PIVOT POINT" SUPPORT LEVEL IS AT 34,295 (SEE PINK LINE).

MORE DOWNSIDE TO COME IN MY OPINION IN THE SHORT TO MID-TERM TEAMTRADER.

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