Valley Range System
Using RSI
I use a system that helps judge momentum based on price action and rsi
based on plots
cyan is bull
yellow is bear
cross over technique is used
when 3 lines cross over or under, and you get two confirmed momentum signals in a row thats a confirmed entry long or short
to close you want two or three momentum signals opposing your trade
to flip trade all 3 lines must cross and the 2 flash momentum check is given
bullish and bearish divergence also work so use them to aid the strength of the move.
@satoshiiheavy
market analyst for www.cryptocurrentlyvip.com
I use a system that helps judge momentum based on price action and rsi
based on plots
cyan is bull
yellow is bear
cross over technique is used
when 3 lines cross over or under, and you get two confirmed momentum signals in a row thats a confirmed entry long or short
to close you want two or three momentum signals opposing your trade
to flip trade all 3 lines must cross and the 2 flash momentum check is given
bullish and bearish divergence also work so use them to aid the strength of the move.
@satoshiiheavy
market analyst for www.cryptocurrentlyvip.com
Notas de Lançamento:
New changes to the overlay
we want to be able to use RSI still for regular divergences so we must keep RSI clean
so i moved the signals to the chart
same idea, best used in conjunction with Satoshi RSI Crossover technique
in essence you dont want to enter a trade unless you get two positives/negatives INSIDE the "cloud"
the cloud are moving averages i chose specifically for this script and may also be changed to a weighted MA
5
13
21
best results are when the signals are across the median as well (13ma) but simply getting into the cloud will suffice
1- you want to close your order once you receive 3-4 signals apposing your entry
2- if you have crossover on Satoshi RSI
3- when your entry signal starts closing outside the cloud.
You dont want to flip bias until VALLEY RANGE SYSTEM does
if you risk entering a trade against the trend losses WILL occur unless planned for.
only scalps/day trades are prohibited on any trades against the trend in your desired TF
a quick video going over details.
www.useloom.com/shar...44c98d954cca45ad4f72
@satoshiiheavy
Market Anlayst for www.cryptocurrentlyvip.com
we want to be able to use RSI still for regular divergences so we must keep RSI clean
so i moved the signals to the chart
same idea, best used in conjunction with Satoshi RSI Crossover technique
in essence you dont want to enter a trade unless you get two positives/negatives INSIDE the "cloud"
the cloud are moving averages i chose specifically for this script and may also be changed to a weighted MA
5
13
21
best results are when the signals are across the median as well (13ma) but simply getting into the cloud will suffice
1- you want to close your order once you receive 3-4 signals apposing your entry
2- if you have crossover on Satoshi RSI
3- when your entry signal starts closing outside the cloud.
You dont want to flip bias until VALLEY RANGE SYSTEM does
if you risk entering a trade against the trend losses WILL occur unless planned for.
only scalps/day trades are prohibited on any trades against the trend in your desired TF
a quick video going over details.
www.useloom.com/shar...44c98d954cca45ad4f72
@satoshiiheavy
Market Anlayst for www.cryptocurrentlyvip.com
Notas de Lançamento:
RSI Candles are now added
Pivot point
Bull/Bear trend checks
made the MAs less transparant
Pivot point
Bull/Bear trend checks
made the MAs less transparant
Notas de Lançamento:
New color variants
Parabolic SAR added for backed support of trade
removed some useless alerts
same conditions as before
the SAR only adds reassurance to the current trend (last to turn)
Parabolic SAR added for backed support of trade
removed some useless alerts
same conditions as before
the SAR only adds reassurance to the current trend (last to turn)
Notas de Lançamento:
New Name :)
Notas de Lançamento:
VRS
Trend based indicator
Will display positives or negatives depending on trend momentum
when momentum stalls you wont get any + or - until a direction in momentum is chosen
Trade idea
once you are trending with the cloud enter shorts when red and you receive a -
or long when blue and you receive a +
exit once the trend flips aka the cloud changes
entry into the opposing trend is ill advised , only trade with the trend
Trend based indicator
Will display positives or negatives depending on trend momentum
when momentum stalls you wont get any + or - until a direction in momentum is chosen
Trade idea
once you are trending with the cloud enter shorts when red and you receive a -
or long when blue and you receive a +
exit once the trend flips aka the cloud changes
entry into the opposing trend is ill advised , only trade with the trend
Notas de Lançamento:
Reverted back to the old settings where it gave you a signal with each candle close
Once a trend begins the "Positives/Negatives" will stop reprinting
Feedback always welcomed :)
-SatoshiHeavy market analyst for CCV Trading
https://www.cryptocurrentlyvip.com/
Once a trend begins the "Positives/Negatives" will stop reprinting
Feedback always welcomed :)
-SatoshiHeavy market analyst for CCV Trading
https://www.cryptocurrentlyvip.com/
Have a plan. Trade it!