My WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF ( TECL ), at a price of $155.38 using a 120-min time frame. My idea is to buy the dip, at price below $155.38. I will update when I get the signal to close the trade.
I am using the following parameters for this trade: Channel Length - 1100 Average Length - 1 Average Length2 - 17
*** I have a Pro+ subscription for Tradingview so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!
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