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tornado cash money 3

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User Manual for the “Tornado Cash Money ” Indicator

Summary
This indicator is designed to help you identify and trade only in the dominant trend, as defined by the 200-period exponential moving average (EMA 200). It integrates different moving averages and volatility bands to provide clear visual signals, provided you use it in the direction of the trend.

Indicator Components

Bicolor EMA 200

Role: Indicates the major market trend.

Interpretation:

Green: Bullish trend (only take buy trades).

Red: Bearish trend (only take sell trades).

Imperative Instruction:
ONLY TRADE IN THE DIRECTION OF THE EMA 200 COLOR.

If it is green, you only open long positions (buys).

If it is red, you only open short positions (sells).

Bicolor SMA 28

Used to detect shorter-term trend reversals (color changes between blue/orange).

Special Signals:

Blue/Teal Triangles ("S+") below the price: Potential buy signal (if EMA 200 is green).

Red/Brown Triangles ("S-") above the price: Potential sell signal (if EMA 200 is red).

Volatility Bands (EMA 21 + ATR 14)

Display bands around the EMA 21, adjusted to volatility (ATR * 2).

Help identify overbought/oversold zones or dynamic support/resistance levels.

Colored Dots

Blue dots below the band: Confirmation of bullish momentum if the SMA 28 is bullish.

Red dots above the band: Bearish momentum if the SMA 28 is bearish.

Usage Rules

Identify the trend with the EMA 200

If EMA 200 is green → Only look for buy (long) signals

If EMA 200 is red → Only look for sell (short) signals

Wait for a reversal signal on the SMA 28

A blue/teal “S+” triangle appears below the price:

Buy only if EMA 200 is green.

A red/brown “S-” triangle appears above the price:

Sell only if EMA 200 is red.

Confirm with the volatility bands and dots

Ideally, the price reacts to a band and/or a colored dot appears in the direction of the trade.

Avoid trading if the signal appears opposite to the EMA 200 trend, even if it is visible.

Risk Management

Always accompany your strategy with risk management suited to your profile (stop-loss, position sizing, etc.).

The bands can serve as indications for stop levels or partial targets.

Visual Summary

EMA 200 green → Only longs (favor “S+” signals and blue dots)

EMA 200 red → Only shorts (favor “S-” signals and red dots)

Never take trades against the color of the EMA 200.

Disclaimer
This indicator is not foolproof. It should be used as a decision support tool and not as a standalone trading system. Always validate your signals with broader analysis and practice on a demo account before using it for real trading.

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.