🥇 Best indicator on ProRealTime MarketPlace - Now available on TradingView
✔️ Identify ranges and the next probable moves ✔️ Get the earliest signals and the strength of Trends ✔️ Get clear exits before reversal ✔️ Spot the Fibo levels the price will test
TrendDECODER works fine on all assets and all time-frames;
🎓 always work on a multi-timeframe environment to minimize risk;
📌 Why we made these innovations? -----------------------------------------------
Because the trend indicators that we know lag a lot and do not clearly identify ranges! We need much more powerful tools than Supertrend or a couple of moving averages crossings to get this done.
📌 How to trade with TrendDECODER? --------------------------------------------------
The GreyBOX has given the next probable movement and the Signal of a Trend in on. The RealTime TrendLine guides us on the pace of this movement and the Blue/ Orange/Cloud figures the support/resistance of this movement.
It will be wise not to jump immediately in the Trend as the signal appears as the price will very probably make a pullback in direction of the cloud first.
Strategy #1: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 In the Main Time Frame: check the appearance of the « TrendUp Signal » or the « TrendDown Signal »
📍 Entry: buying « at Market » immediately on a « Trend Signal » is quite risky as many times the price will pull back near the Clouds > a good option is to buy 1/2 the position at market on signal > and 1/2 after the first pull back
📍 First Stop Loss: place your SL under the lower border of the GreyBox for an expected TrendUp or the higher border for an expected TrendDown
📍 BreakEven: when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop:just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits: > Early option : Crossing of the RealTime TrendLine > Late option : Crossing of the Blue/Orange cloud
With this simple tool, get a very early signal of a probable inversion of the current Trend, way before the Decoder Signal is shown, once confirmed by the GreyBox.
Strategy #2: Checklist
📍 Set a Multi Time Frame environment
📍 Check that the Main Time Frame and the Upper Time Frame are moving in the same direction (Up or Down)
📍 Entry (Main Time Frame): wait for the Close crossing over the ReaTime TrendLine in an expected TrendUp (under for a TrendDown )
📍 First Stop Loss (Main Time Frame): > place your SL under the lower low of the GreyBox (for an expected TrendUp) or the higher high (for an expected TrendDown)
📍 BreakEven: move your SL to Entry price when the price reaches your Risk/Reward ratio of 1 = Distance StopLoss vs Entry = Distance Current Price vs Entry
📍 Trailing Stop:just under the lowest border of the Blue Cloud (TrendUp) or the highest border of the Orange Cloud (TrendDown)
📍 TakeProfits: in a TrendUP, place your take profits just under the FibosLevels in order not to get exited (and above in a TrendDOWN)
📍 Exits: > Early option : Crossing of the RealTime TrendLine > Late option : Crossing of the Blue/Orange cloud
📌 Configuration --------------------------
Well, basically you do not have to do anything !
But you can make TrendDECODER perfectly yours with a few switches in the configuration panel to make appear or disappear each one of the elements composing TrendDECODER.
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