Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred.
squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming.
https://www.tradingview.com/script/eFs5kf8F-TTM-Squeeze/
Using MACD and Volume TA, I was betting on the likelihood of a price breaking DOWN out of the consolidation wedge in the charted example.
TTM also lit up when the reversal was near, see arrows.
The optimal Short-sale price was lit up by GODMODE 3.1.4 PRIOR to the TTM providing conformation.
https://www.tradingview.com/script/h7gIIXqF-Godmode-3-1-4-SNOW-CITY-SCALPER-EDITION-7-2017/
Using these indicators along with basic TA, you can have a higher confidence in your positions.
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
