Setting up signals
Automatic notifications help make decisions at the most important moments👇
Use signals wisely
️️‼️Do not follow signals blindly - they are only notifications about the beginning of a price movement!
More than 70% of the time the market trades in a sideways range, signals are needed so you don't sit at the monitor for hours, but start analyzing only at the right moment... I value my time!
‼️Open trades only after a comprehensive chart analysis!
Use your trading strategy and don't deviate from it, confirm your trades only by analyzing all factors - trend, levels, liquidity, whale movements...
‼️Build your trading strategy on historical data!
Understand how the indicator works, study historical data, find patterns and choose suitable settings. It's like fishing: 90% of success is preparation!)
‼️Follow risk management and use stops!
After testing your trading strategy start trading with small amounts and always use stops, only this way you will protect your deposit!
If you have a paid subscription to TradingView - use the "market simulator"!
I always roll the chart back and open virtual trades until the result of my trading strategy shows positive dynamics and a win-rate of 60% or more.
Labeling on the chart
Notifies about the beginning of an upward movement and a potential long trade.
After receiving the alert, analyze the chart using the indicator and ready-made strategies and decide whether to open a trade.
Notifies about the beginning of a downward movement and a potential short trade.
After receiving the alert, analyze the chart using the indicator and ready-made strategies and decide whether to open a trade.
Notifies about potential zones where the probability of a price reversal is highest and when you should close the position in profit.
Helps avoid emotional mistakes and lock in profit in time without losing the opportunity to earn.
The stop is set with a small margin calculated based on volatility:
- below the low of the current candle for BUY
- above the high of the current candle for SELL
Keep in mind, you can use any other values according to your trading strategy!
The indicator very accurately shows the nearest zones of interest as 🧲, which can attract the price at the moment of the signal, but it cannot decide for you where to take profit!
You should close trades:
1) based on the current situation, taking into account new circumstances that the indicator cannot predict at the moment of opening a trade (news, manipulations, etc.)
2) using your own trading strategy - scalping, medium-term trading or investing, one take-profit or several, trailing stop or an order grid...
Signal settings Buy & Sell
Do your favorite things - you no longer need to watch the charts 24/7.
Signals will notify you about a potential trend emergence - you will only need to open the chart in time and analyze it according to your trading strategy👌
To configure signals use 2 key parameters:
Speed and number of signals
This option flexibly adapts the number of signals and trigger speed to your trading strategy, the desired asset and timeframe:
Maximum number🚨🚨🚨🚨🚨 - for scalping, to catch absolutely every movement (very many signals, appear fast, lots of noise)
High number🚨🚨🚨🚨 - for short-term trading (also many signals, appear quickly, less noise)
Optimal number🚨🚨🚨 (by default) - a universal strategy for active trading (enough signals, appear with slight delay, not too much noise)
Low number🚨🚨 - for medium-term trading (few signals, appear slowly, significantly less noise)
Minimum number🚨 - for investing and long-term trading (signals appear rarely, trades take long to develop, almost no noise)
Filtering signals against the trend
🚫Trading against the trend and constantly looking for reversals is a sure path to losses! There will be many opportunities to open trades in the direction of the trend, but there will be only one reversal!
This option helps reduce noise and false signals - any indicators work poorly against the trend - they will be overheated...
Choose the desired EMA or price channel as a filter - then only those signals that match the trend will be displayed:
Signals BUY will be displayed only when the price is above the selected EMA
Signals SELL will be displayed only when the price is below the selected EMA
If you change settings on the top indicator - don't forget to synchronize them with the bottom one.
After configuring and testing signals for your trading strategy, you can set up signal notifications in TradingView or Telegram.
Frequently Asked Questions
What is the win-rate of the signals
You have access to detailed statistics on signals, taking into account losses from stops and peak profits from successful trades. Keep in mind that the real win-rate depends only on your trading strategy and experience! On how and where you will take profits, which signals you will enter and which you will skip!
How much will I earn - what % profit per year?
You can enable auto-testing mode and see the potential of trades and profits. Real profit depends only on you and no one else - if you don't follow risk management, you can lose your entire deposit on the very first trade. The indicator is not a magic grail and does not make decisions for you - it only helps to analyze charts properly.
Are signals needed for automated trading?
Only for manual - you receive a signal and independently decide to open a position, taking into account many parameters of technical analysis and your strategy!
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