This is a new strategy I'm trying to develop utilizing volume profile theories to identify reversals for swing trading in range bound markets only ( not trending)...It's firstly selected on the dailies using the Alligator as a filter for non-trending markets.
If the mouth is 'closed' the Alligator is sleeping, and it's likely to be changing into a range bound market...
The Hangman is then found using a 2 hour time-frame.
There is several criterion.
1. The white horizontal lines are the days volume point of control or VPOC ( max volume price). There needs to be a narrowing of distance between the last 3 days in price percentage ( deceleration). All days must be below the 20 EMA moving average.
2. The next criteria is the price must rally > 20 EMA and form a HH Gann swing;
3. and a higher VPOC must form creating the two "eyes"
4. The BB % B must show at least 1 oversold signal below 10% line in last 20 bars or 2 spikes within 50 bars
5. To enter at a favourable price look for the Gann Swing Oscillator to be -1 ( buying) on a retracement down...
6. and price must fall but be = or slightly > 20 EMA and below than the " eyes" VPOCs...
*stoploss is -0.1% below the lowest " mouth" VPOC
* Target must be > 2 * stoploss.
Dagangan ditutup secara manual
decided to take profit at +85 pips this morningDagangan ditutup secara manual
took profit at + 78 pips after a bearish reversal bat at highs...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.