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Re: Daily Timeframe SwingTrading Template

PumbaPLS, Thu Oct 07, 2021 11:51 pm

Borshchov A.N. wrote: Thu Oct 07, 2021 11:45 pm Hello from the other side of the planet))) Can you specify the rules for entering and exiting a trade on the screen?
1: Is your Baseline which shows us the current Trend Blue -> Bullish Trend; Red -> Bearish Trend

2: This is your first entry indicator Blue Candle -> Long signal; Red Candle -> Red signal

3: Is our confirmation indicator (confirming entry) Blue Arrow up -> long signal; Red Arrow down -> short signal

4: I cant count and skipped number 4

5: Volume indicator shows if there is enough Volume to trade, meaning is enough movement there to take a trade Bar above yellow MA = enough Volume -> Take Trade; Bar underneath yellow MA -> not enough Volume dont trade

6: filters out signals where the trend is already overextended, if Sell signal and Candle hits green zone -> dont take trade; if Buy signal and Candle hits red Zone -> dont take trade

7: Indicator is used for early exits, if your trade doesnt go your desired direction, when short trade -> exit when blue crosses up, when long trade -> exit when blue crosses down


I hope this explains it well enough. I plan on sharing trades in this Thread when there comes a valid Signal.

hopefully more members will come along and join this journey. Maybe even add an indicator or delete another one to make this System even more insane!
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