I have been working on the alerts and notifications for Triangles2. You can now choose alerts, notifications and show the triangle. Although it only gives 1 alert per triangle, on M1 the triangle can redraw several times until the last dot position holds, I included the alert spacing so it will only alert you the first time the triangle is formed.
These triangles are what is used in Xard's Pink and Blue Dot trading method.
"### M1 Trading Strategy: Trading off Arrow Dots
#### General Trading Rules
1. **Trading off the Blue Up Arrow**
- **Primary Signal:** When a Blue Up Arrow appears:
- **Primary Action:** Buy at the appearance of the Blue Dot 2.
- **Exit Strategy:** Hold the trade until you see a Red Down Arrow Dot.
2. **Trading off the Red Down Arrow**
- **Primary Signal:** When a Red Down Arrow appears:
- **Primary Action:** Sell at the appearance of the Pink Dot 2.
- **Exit Strategy:** Hold the trade until you see a Blue Up Arrow Dot.
#### Handling Absence of Primary Dots
As it is uncertain if a Blue Dot 2 or Pink Dot 2 will appear, initiate a FOMO (Fear Of Missing Out) trade based on the Mini Dot 2 and follow these guidelines:
1. **After a Blue Up Arrow Appears:**
- **Initiate Trade:** Buy at the appearance of the Green Mini Dot 2 after price has crossed ABOVE the EMA 200 line.
- **Exit Strategy:** Hold the trade until the Pink Dot appears. If Pink Dot does not appear, hold until the next Red Down Arrow Dot.
2. **After a Red Down Arrow Appears:**
- **Initiate Trade:** Sell at the appearance of the Red Mini Dot 2 after rice has crossed BELOW the EMA 200 line.
- **Exit Strategy:** Hold the trade until the Blue Dot appears. If Blue Dot does not appear, hold until the next Blue Up Arrow Dot.
#### Additional Trading Rule
If Blue Dot 2 or Pink Dot 2 appears, utilize the opportunity to enhance your position:
1. **Blue Dot 2 Appears:**
- **Action:** Buy up to three Blue Dot 2s.
- **Exit Strategy:** Hold these positions until the next Red Down Arrow Dot.
2. **Pink Dot 2 Appears:**
- **Action:** Sell up to three Pink Dot 2s.
- **Exit Strategy:** Hold these positions until the next Blue Up Arrow Dot.
### Summary
- **Blue Up Arrow Initiates Buy Actions**
- **Main Action:** Buy at Green Mini Dot 2 after price has crossed ABOVE EMA 200 line→ Exit at Pink Dot.
If Pink Dot does not appear, exit at the next Red Down Arrow Dot.
- **Additional:** If Blue Dot 2 appears, buy up to three Blue Dot 2s and hold until the next Red Down Arrow Dot.
- **Red Down Arrow Initiates Sell Actions**
- **Main Action:** Sell at Red Mini Dot 2 after price has crossed BELOW EMA 200 line→ Exit at Blue Dot.
If Blue Dot does not appear, exit at the next Blue Up Arrow Dot.
- **Additional:** If Pink Dot 2 appears, sell up to three Pink Dot 2s and hold until the next Blue Up Arrow Dot.
This strategy ensures FOMO trade initiation and maximizes opportunities when primary signals (Blue Dot 2 or Pink Dot 2) appear, with clear exit strategies in place.
I hope this clarifies the strategy and provides clear, actionable steps to help you navigate the market with confidence and work towards sustaining and growing your wealth.
Here are the correct FOMO Trades as shown in the enclosed M1 Chart.
In theory, these positions would be held until the next Blue Dot 2 appears.
If no Blue Dots appears then these positions would be held until the next Blue UP Arrow Dot appears.
Summary of these DOWN moves... (same action applies to UP moves)
- **Red Down Arrow Initiates Sell Actions**
- **Main Action:** Sell at Red Mini Dot 2 after price has crossed BELOW EMA 200 line→ Exit at Blue Dot.
If Blue Dot does not appear, exit at the next Blue Up Arrow Dot.
- **Additional:** If Pink Dot 2 appears, sell up to three Pink Dot 2s and hold until the next Blue Up Arrow Dot.
"
