{quote} hi ryuryu, How to get your bot tool?
Observer effect
Most volatile EU/GU/XAU/BTC trading
- #381
- Jan 22, 2022 6:23am Jan 22, 2022 6:23am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
- #383
- Jan 22, 2022 9:57am Jan 22, 2022 9:57am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Good news everyone!
XAU 1m signals
XAU 1H signals
and
1H for forex
EURUSD
BGPUSD
1H for crypto
BTC
Matic
XRP
ETH
Doge
Near
Why only 10? Because I have pro subscription on tradingview and there are only 20 alerts available. Since every pair has 2 - when delta greaten then... and when it smaller then... so I can make only 10 channels.
But I think 3 forex and 7 crypto coins is enough to have daily profit. Personally I'm trading only XAU on forex in most cases and one crypto pair at once on crypto.
Observer effect
- #384
- Jan 22, 2022 2:35pm Jan 22, 2022 2:35pm
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Observer effect
- #385
- Edited 7:17pm Jan 22, 2022 7:05pm | Edited 7:17pm
- Joined Sep 2015 | Status: Trader | 2,516 Posts
Trading thin liquidity at the boundary of the charts
- #387
- Jan 24, 2022 10:18am Jan 24, 2022 10:18am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Observer effect
- #389
- Jan 24, 2022 11:34pm Jan 24, 2022 11:34pm
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Trading day is not yet started so let's study charts a little
First we need to check delta.
It changed from sells to buys and the amount is huge.
Okay, now let's check the context.
1. Candle was closed lower ema6 low
2. Stoch was on bottom
3. There are reverse candle found (plus)
4. Price is far away from ema60 (I have removed auto envelopes here, but it was lower 1x step size)
Now the question: where to exit?
A lot of people are talking about risk reward ratio and other bullshit. In real life there are no such a thing. We must exit at the first found opposite signal. In this case it is litlle gray triangle to the right from the entry point.
Why? Because we are not the magicians and we can't predict the future. And it is impossible. So better take your profit and run then wait for fictional RR.
Now let's check that perfect entry.
1. All 3 EMA are in short order
2. Price hit fast EMA
3. Triangle mean close > ema6 high
4. Stoch on top
5. Huge buy delta changed to sell
6. Candle size is good
So it is 6 of 6. Very good, perfect, entry. Also the trend is down, and the entry is short. So it is even 7 of 7.
Where to exit? At first found opposite signal.
First was reverse candle, but it was "not good" size. So you can set SL somewhere higher it and exit on next found.
p.s. I exit when price hit opposite ema low/high. It this case it is ema6 low. I don't have much patience and don't like to wait. Better close in profit and wait for another opportunity. Markets are perfect these days, so there is no need to sit and wait.
First we need to check delta.
It changed from sells to buys and the amount is huge.
Okay, now let's check the context.
1. Candle was closed lower ema6 low
2. Stoch was on bottom
3. There are reverse candle found (plus)
4. Price is far away from ema60 (I have removed auto envelopes here, but it was lower 1x step size)
Now the question: where to exit?
A lot of people are talking about risk reward ratio and other bullshit. In real life there are no such a thing. We must exit at the first found opposite signal. In this case it is litlle gray triangle to the right from the entry point.
Why? Because we are not the magicians and we can't predict the future. And it is impossible. So better take your profit and run then wait for fictional RR.
Now let's check that perfect entry.
1. All 3 EMA are in short order
2. Price hit fast EMA
3. Triangle mean close > ema6 high
4. Stoch on top
5. Huge buy delta changed to sell
6. Candle size is good
So it is 6 of 6. Very good, perfect, entry. Also the trend is down, and the entry is short. So it is even 7 of 7.
Where to exit? At first found opposite signal.
First was reverse candle, but it was "not good" size. So you can set SL somewhere higher it and exit on next found.
p.s. I exit when price hit opposite ema low/high. It this case it is ema6 low. I don't have much patience and don't like to wait. Better close in profit and wait for another opportunity. Markets are perfect these days, so there is no need to sit and wait.
Observer effect
- #391
- Jan 25, 2022 5:35am Jan 25, 2022 5:35am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Observer effect
- #393
- Edited 2:38pm Jan 25, 2022 1:23pm | Edited 2:38pm
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Observer effect
- #394
- Jan 26, 2022 3:28am Jan 26, 2022 3:28am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
I have only 20 signals on my tradingview account. But positive delta and negative delta signal for each pair take 2 signals. That's why I can add only 10 pairs.
So I have decided to make one signal for each pair. It will not tell what delta found - positive or negative, it will just alert that the imbalance is huge.
Anyway any trader must open the chart to see the context and compare with my entry rules. But I can create more alerts for more pairs.
Feel free to suggest me what asset to add to the list.
So I have decided to make one signal for each pair. It will not tell what delta found - positive or negative, it will just alert that the imbalance is huge.
Inserted Code
{"content": "Possible market imbalance found! Huge Volume Delta on XAU 1h TF"} Feel free to suggest me what asset to add to the list.
Observer effect
- #395
- Edited 3:10pm Jan 26, 2022 1:15pm | Edited 3:10pm
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Today only +1.65%
It was 4 trades, all on XAU. Missed that drop. But I was out today, so only early LO trades with low volume. Don't like it. I like NY high volatile time
BTW today i made one trade on XAU on 1H tf. It was a trade from ema6 low to ema6 high. I not always "scalp" for few bucks, sometimes the market is good to play on higher TFs. Anyway, the context is the key. Even the volume data is not enough. You have to answer the question "where are we now?" first. And only then make your trading decision.
BTW I have one "always in position" strategy it works good for crypto because there are positive funding rate (like positive swap) available. Very actual on this bear market because you can have positive funding rate on your shorts.
It works this way: open the position when delta flips. If it goes good - close in profit. If not - add a little more on next flip. Then close 50% in profit but leave 50% waiting for nice drop. Since you position will be higher (because after average your netting account type will create one short position higher) you will be always near the average and you will earn positive swap every 8 hours. This is very good, calm strategy for bear market. All you have to check is the reverse. But on crypto it will be next winter when BTC will lose ±85% from 65k. So we have some time to earn few bucks
It was 4 trades, all on XAU. Missed that drop. But I was out today, so only early LO trades with low volume. Don't like it. I like NY high volatile time
BTW today i made one trade on XAU on 1H tf. It was a trade from ema6 low to ema6 high. I not always "scalp" for few bucks, sometimes the market is good to play on higher TFs. Anyway, the context is the key. Even the volume data is not enough. You have to answer the question "where are we now?" first. And only then make your trading decision.
BTW I have one "always in position" strategy it works good for crypto because there are positive funding rate (like positive swap) available. Very actual on this bear market because you can have positive funding rate on your shorts.
It works this way: open the position when delta flips. If it goes good - close in profit. If not - add a little more on next flip. Then close 50% in profit but leave 50% waiting for nice drop. Since you position will be higher (because after average your netting account type will create one short position higher) you will be always near the average and you will earn positive swap every 8 hours. This is very good, calm strategy for bear market. All you have to check is the reverse. But on crypto it will be next winter when BTC will lose ±85% from 65k. So we have some time to earn few bucks
Observer effect
- #396
- Jan 28, 2022 7:40am Jan 28, 2022 7:40am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
Bunch of valuable information been posted this week, thank You Ryuryu and RickM. Skill must be built, skill needs practice,
It comes very slowly,
It comes very slowly,
- #397
- Jan 28, 2022 8:20am Jan 28, 2022 8:20am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Bunch of valuable information been posted this week, thank You Ryuryu and RickM. Skill must be built, skill needs practice, It comes very slowly, {image}
I got sick yesterday, so I didn’t trade at all yesterday, today I have only two trades - 2 shorts on XRP.
+0.07% XRPUSDT Short
+0.18% XRPUSDT Short
So my profits for 2 days is only +0.26%
Observer effect
- #398
- Edited 10:40am Jan 28, 2022 8:38am | Edited 10:40am
- Joined Jan 2016 | Status: I am not a trader | 1,238 Posts
{quote} Thank you for your kind words!
Have nice weekend
- #399
- Jan 29, 2022 5:58am Jan 29, 2022 5:58am
- Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts
Observer effect
- #400
- Jan 29, 2022 6:33am Jan 29, 2022 6:33am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
Today only +1.65% It was 4 trades, all on XAU. Missed that drop...
Maadik Hugiis. IQ 69.