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Caco Maia's Double break out

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A setup created and used by Caco Maia — Brazilian trader with over 40 years experience.

It is based on the simultaneous crossing of the price with 8 and 20 moving averages, filtered by TRIX and Stochastic indicators.

How to use:
Wait for the signal bar to close.
Observe the context of the chart and direction of the trend. For example: do not follow the signal with the moving averages are pointing to the opposite direction of the trade/signal.

Better if used with other indicators to confirm the trade entry.


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Setup do duplo rompimento do Caco Maia.

Indica o rompimento simultâneo do preço com as médias móveis de 8 e 20, filtrado pelo TRIX e Estocástico.

Como usar:
Espere o fechamento da barra com o sinal.
Observe o contexto do gráfico e a direção da tendência. Por exemplo: não inicie o trade se as média móveis estão apontando para a direção oposta ao sinal.

Melhor se usado com outros indicadores para confirmar a entrada no trade.



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