Victory Trend with H.A Color

22 Nov 2020

Description of Victory Trend With Heikin Ashi Color's items

VT Trend With Heikin Ashi Color indicator is formed by Green & Red Main Trend Band, Secondary Band, 4 days HLC Black color line, Mid Term line (Purple & Gray Color Line and Long Term Blue line. Green up arrow with "Buy" text and Red Down Arrow with "sell" text for alert the potential entry chances.

1) Green color Up Trend Main Trend Band with solid line : form by 2 moving average lines and in green color when fast moving average is above slow moving average line

2) Red Color Down Trend Main Trend Band with solid line form by 2 moving average lines and in red color when fast moving average is below slow moving average line

3) Green Up arrow with "buy" text appear : When red color down Trend Main Trend Band with solid line turn from red color to green color, mean potential buy entry

4) Red down arrow with "Sell" text appear : When green color up Trend Main Trend Band with solid line turn from Green color to red color, mean potential Sell entry

5) Black color line = 4 days HLC line

6) Mid term line = Purple color (when up) and gray color (when down)

7) Long term line = Coastal (Light blue) color

8) Stronger Up trend start = When Mid term line cross up Long term line

9) Stronger down trend start = When Mid term line cross down Long term line

10)Background color which represent the Up/down trend and stronger Up/down trend ,
a) lighten Green = Main trend in uptrend but Main trend's slow moving average line haven't cross up mid term line
b) Green =Main trend in uptrend and Main trend's slow moving average line had cross up mid term line
c) lighten Red = Main trend in down trend but Main trend's slow moving average line haven't cross down mid term line
d) Red = Main trend in down trend and Main trend's slow moving average line had cross down mid term line

11) When Up green color triangle appear: mean the candlestick closing price is cross up Black color line (4 days HLC line) & price have potential continue up in short term

When Down Red color triangle appear: mean the candlestick closing price is cross down Black color line (4 days HLC line) & price have potential continue down in short term

12) Green color Up Trend Secondary Trend Band with solid line : form by 2 moving average lines and in green color when fast moving average is above slow moving average line

13) Red Color Down Trend Secondary Trend Band with solid line form by 2 moving average lines and in red color when fast moving average is below slow moving average line


Buy entry strategy No.1:
When Green arrow with "Buy" text appear and wait for the candlestick closed, and enter buy position on next candlestick .
Cut Loss exit: When Main trend turn into red color with Red down Arrow with "sell" text appear.
Target price no.1 : For hold over night. To close position When for Main trend turn into red color band and Red down Arrow with "sell" text appear.
Target price no.2 : For Intraday trade. To close position When price close below the black line

Buy entry strategy No.2:
After green up arrow appear and to add more position when Mid term purple line cross up Long term Blue line.
Cut Loss exit: When Main trend turn into red color with Red down Arrow with "sell" text appear.
Target price no.1 : For hold over night. To close position When for Main trend turn into red color band and Red down Arrow with "sell" text appear.
Target price no.2 : For Intraday trade. To close position When price close below the black line

Sell entry strategy No.1:
When Red arrow with "Sell" text appear and wait for the candlestick closed, and enter sell position on next candlestick .
Cut Loss exit: When Main trend turn into green color with green Up Arrow with "buy" text appear.
Target price no.1 : For hold over night. To close position When for Main trend turn into green color band and green Up Arrow with "Buy" text appear.
Target price no.2 : For Intraday trade. To close position When price close up the black line

Sell entry strategy No.2:
After Red Down arrow appear and to add more position when Mid term Gray color line cross down Long term Blue line.
Cut Loss exit: When Main trend turn into green color with green Up Arrow with "buy" text appear.
Target price no.1 : For hold over night. To close position When for Main trend turn into green color band and green Up Arrow with "Buy" text appear.
Target price no.2 : For Intraday trade. To close position When price close up the black line

"Use the link below to contact Owner for obtain access to this indicator"

20 Feb 2021

Nota Keluaran

To add new item, secondary Trend Slow band

When apply together with VT MCDX Smart Money Plus had increases the winning rates for catch the bottom/turning point of the price

"Use the link below to contact Owner for subscribe this indicator"