Posts

Market Engine Indicator

Image
  Market Engine Indicator is designed for trading on the right side of the fence. Jesse Livemore "There is only one side to stock market; and it is not the bull side or the bear side, but the right side" Market engine is a technical indicator that Shows momentum in histogram and negative momentum line. - upside : momentum histogram > negative momentum (red)-line - downside : momentum histogram < negative momentum (red)-line green histogram - more buyers ( watch out trap long when downside condition) red histogram - more sellers ( watch out trap short when upside condition) When market is extending , M.E. informs user with Blue cloud (no short) or Red cloud (no long) Market Engine is simplified indicator and suitable for day trade, swing trade and investing.  Market Engine combines Dynamic Trend Channels  to provide another level of the market on three main factors of trading, Location , Price Action , and Sentiment . A top-down approach for day trade involv...

Day Trade Market Condition

Image
Day Trade Market Condition , update daily on Tradingview community trade idea.  Jesse Livemore "There is only one side to stock market; and it is not the bull side or the bear side, but the right side" : NQ, ES, CL , BTC (a day trader on NQ, markets I pay attention with); The following systematically generates levels throughout the day in a slightly unconventional format.  The purpose of these levels is to avoid OVERTRADING and to TRADE with the TREND. The programming behind the levels is Volume Profile. How to use these levels? Focus on two trends: the Primary for swing and Short term (for Day Traders) shown in a table. - Short term "Rally" favors LONG, while "Drop" favors short. In between is the "SHOP zone" where prices can travel between supply and demand levels set by market makers. - Primary trend is for swing trading on a higher time frame. When it's a "BULL" trend, the days are up, and when it's a "BEAR" trend,...

DTC trend

Image
DYNANMIC TREND CHANNELS (DTC) trend trading Trend is your friend!  Following trend, open position in the direction of the trend.  Also known as retracement  or pullback trade strategy, DTC doing all the work to show a new trend automatically no emotional involvement. -top down approaching, higher time frame on same direction as your trade intention; -current time frame same as higher time frame suggesting, price action color bar signals then initial position location near by upper/lower channel; -target the opposite DTC channel or exist the developing a  volume node , risk stop outside the channel potentially condition to DTC break ; -counter trend price stay mid-line,  price action color bar  ready for push to strong channel; Statically, DTC trend the most of trades happen, the reward/risk is profitable over time.

DTC break

Image
  DYNAMIC TREND CHANNELS break Open Long/Short position once break out the DTC (Dynamic Trend Channels)  and Momentum  (video clip below) on the same side, this is purely location factored, aggressive entry and fastest reward trading.   -condition before initial the position, must price action color bar showing extreme then DTC changing to a new trend, a market order.   Word of Warning This is the trend climax and a new trend going to be in place so follow up with DTC trend strategy.   Example on NQ, ES, BitCoin, Hang Seng Index

Dynamic Trend channels

Image
Dynamic Trend Channels  is a technical indicator that reveals the price action color bar , location , and trend sentiment  - the three main factors for successful trading. Dynamic Trend Channels is a technical indicator it uses least square fitting to calculate The upper and lower channel lines, which contain 95% of all prices between them, with the Pearson R typically ranging from 0.5 to 0.95 - When the TREND is bullish and the indicator is upward sloping.  - When the TREND is bearish and the indicator is downward sloping.  - When prices break outside of the channels current TREND end, new TREND automatically display. Buy Signals occur when the trend is bullish and the indicator is upward sloping, and the price falls below the lower channel line;  On the other hands, Sell Signals occur when the trend is bearish and the indicator is downward sloping, and the price rises above the upper channel line. To confirm the signal, you can wait for the price to close bac...