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For those who are asking what Indicators I use in Tradingview, here you go. You are free to use this one that I made:
https://www.tradingview.com/script/4a7D9pJX-Yellow-Trend-with-BOLL-and-Support-and-Resistance/
Then the one below is not mine, but I modified some codes to have the best settings:
https://www.tradingview.com/script/WC5Ekkc9-Gaussian-Channel-with-the-Best-Setting/
Good luck!
https://www.tradingview.com/script/4a7D9pJX-Yellow-Trend-with-BOLL-and-Support-and-Resistance/
Then the one below is not mine, but I modified some codes to have the best settings:
https://www.tradingview.com/script/WC5Ekkc9-Gaussian-Channel-with-the-Best-Setting/
Good luck!
Yellow Trend with BOLL: Crypto Trading My Top Indicator
Recently, I privately published an indicator called, Yellow Trend. But now, I added BOLL to it. I'll tell you a couple of reasons why you should use this indicator.
Why use Yellow Trend with BOLL?
To put it directly, this indicator shows the support and resistance or S & R better. Look at the image below, when the Plot, which is the color blue, touches the horizontal line, which is the support, it bounces back. Unlike candlesticks, in this one you can easily find the support and resistance. Plus, the Yellow Trend also helps you identify the trend of the market.
Why BOLL is also important?
We know when BOLL upper and lower bands squeeze or close together, the price is consolidating, and then when there is a reversal happening, the Bands widen. That's what we called, "Consolidation Breakout." We can also easily identify when it is a breakout when the Plot goes outside the Bands.
After breakout, there are three things that usually happen in the market: Either market will retest, consolidate, or continue. So here are things to do with this indicator:
1. Draw your S & R. At least four or five.
2. If the BOLL Bands are close together, wait for the consolidation breakout. The plot, which represents the candlesticks, usually goes outside the Bands.
3. Set your TP on the level of your first horizontal line of your support or resistance, depending on the market direction.
4. Wait for a retest, if no retest or consolidation, then make an entry again for the trend continuation. But it's safe to TP after the Plot reaches the first level of your horizontal line.
5. If the candlesticks are all in the same color, it means the candlesticks are clean. So I call it "Clean Candles." Usually, that candlesticks show that there is a continuation in the trend. If you see that candlesticks, place your TP where the opposite color shows, which could be the support or resistance.
You can use Yellow Trend with BOLL in Tradingview only. If you're interested in this indicator, please comment yes!
Recently, I privately published an indicator called, Yellow Trend. But now, I added BOLL to it. I'll tell you a couple of reasons why you should use this indicator.
Why use Yellow Trend with BOLL?
To put it directly, this indicator shows the support and resistance or S & R better. Look at the image below, when the Plot, which is the color blue, touches the horizontal line, which is the support, it bounces back. Unlike candlesticks, in this one you can easily find the support and resistance. Plus, the Yellow Trend also helps you identify the trend of the market.
Why BOLL is also important?
We know when BOLL upper and lower bands squeeze or close together, the price is consolidating, and then when there is a reversal happening, the Bands widen. That's what we called, "Consolidation Breakout." We can also easily identify when it is a breakout when the Plot goes outside the Bands.
After breakout, there are three things that usually happen in the market: Either market will retest, consolidate, or continue. So here are things to do with this indicator:
1. Draw your S & R. At least four or five.
2. If the BOLL Bands are close together, wait for the consolidation breakout. The plot, which represents the candlesticks, usually goes outside the Bands.
3. Set your TP on the level of your first horizontal line of your support or resistance, depending on the market direction.
4. Wait for a retest, if no retest or consolidation, then make an entry again for the trend continuation. But it's safe to TP after the Plot reaches the first level of your horizontal line.
5. If the candlesticks are all in the same color, it means the candlesticks are clean. So I call it "Clean Candles." Usually, that candlesticks show that there is a continuation in the trend. If you see that candlesticks, place your TP where the opposite color shows, which could be the support or resistance.
You can use Yellow Trend with BOLL in Tradingview only. If you're interested in this indicator, please comment yes!
#NEWS I've heard the news about Binance is about to be banned in the Philippines. Be careful my friends! You better transfer your assets right now! I recommend Bybit#. Use my referral and see you there:
https://www.bybit.com/invite?ref=BN3D7L
https://www.bybit.com/invite?ref=BN3D7L
Binance will be banned in PH
25%
Binance will not be banned
75%
8 ψήφοι • Η ψηφοφορία ολοκληρώθηκε
Better to be safe! But if you're willing to take a risk, go on! BTC will retest. After reaching ATH 73k, there will be a pull back. Correction might take longer. We don't know yet! Then after that, there will be another NEW ATH or a huge DUMP! So again, wait for the BTC to retest several times then let it break out before buying long. There might a fake out if you don't wait!
#TipOfTheDay Do not trade with BTC yet. It's still RETESTING! Once it goes down below 68400+ (the blue line in the photo) then sell short. if above 68400+, then buy long.
While the market is consolidating, it's a good opportunity to scalp. #BTC #ScalpingTrading
