Multi Strategy

10 oct 2020

During the course of a trade, we can find ourselves changing strategies depending on the market. Instead of using many different templates, I have a simple indicator that clearly says "Buy", "Sell" or "Stay Out". The great thing about this approach, is we instantly observe the majority are in agreement and that decides which way to place our trade.

This indicator includes the following strategies:

- QQE
- Ichimoku using much faster settings.
- Parabolic SAR
- Supertrend
- TTM Oscillator
- The Squeeze strategy
- The Alligator Strategy

Using this indicator is simple, if the lines are mainly green then buy, if mainly red then sell OR don't trade. So...

Green Line - This strategy is in a buy position
Orange or Black Line - This strategy is undecided
Red Line - This strategy is in a sell position

There are also some green and red circles for reference that appear showing when that bar has broken through the Ichimoku cloud.

The trader's approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.

I can customise this further or add other strategies, please message me.

10 oct 2020

Notas de prensa

Fixed some typo's.