[zackdinz] Cloud EVO
Hi everyone, here I got new indicator for you to try and give a feedback. This indicator is detecting momentum buy or sell. This
indicator consists of :-
1. Three momentum cloud
2. Silver lining
3. Parabolic Sar
4. Signal of combination of 2 or 3 cloud
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I explain the first one, the main indicator which is momentum cloud. This momentum cloud is detecting different buy or sell momentum at different period. Green cloud indicates buy momentum and red cloud is vice versa. The combinations of three momentums as confirmation of buy or sell momentum for perfect entry. This will be related to next component of this trading system.
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The second one is silver lining. Without silver lining entry, maybe it may expose to fail entry. For silver lining is the yellow line that underlying at the edge of momentum cloud which indicates high probability of price to move up or down. When we find best row of green or red momentum, we need to check the present of silver lining which is the best entry for buy or sell. This silver lining also can be used for exit position.
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The third one is Parabolic Sar. This is standard indicator that can be used to detect sideways or fail entry. Even though we find perfect combination of entry, fail probability is still there. Thus, using Parabolic Sar, we can reduce the fail entry. When we make entry, make sure the price breaks the previous formation of Parabolic Sar. If the price rejects previous formation of Parabolic Sar, it indicates price loss momentum and we can decide to exit the position.
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The last one is the arrow signal, the arrow signal forms when three momentum cloud turn to green for buy signal or red for sell signal. Trader can easily find the best entry by using this signal. The black signal indicates exit signal where the smallest momentum turn to red or green which against our position.
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Finally, any trading system do not have guarantee for 100% win rate. Thus, for this trading system, the concept are;-
1. Buy at high and sell at higher
2. Buy at perfect entry and sell at higher profit
3. Fail entry with low risk of lost
4. Fail entry with less lost
This is only a basic trading system. There is an extension for this trading system which has take profit signal and more entry signals. Private message me for more info. Have a nice day.
indicator consists of :-
1. Three momentum cloud
2. Silver lining
3. Parabolic Sar
4. Signal of combination of 2 or 3 cloud
------
I explain the first one, the main indicator which is momentum cloud. This momentum cloud is detecting different buy or sell momentum at different period. Green cloud indicates buy momentum and red cloud is vice versa. The combinations of three momentums as confirmation of buy or sell momentum for perfect entry. This will be related to next component of this trading system.
------
The second one is silver lining. Without silver lining entry, maybe it may expose to fail entry. For silver lining is the yellow line that underlying at the edge of momentum cloud which indicates high probability of price to move up or down. When we find best row of green or red momentum, we need to check the present of silver lining which is the best entry for buy or sell. This silver lining also can be used for exit position.
------
The third one is Parabolic Sar. This is standard indicator that can be used to detect sideways or fail entry. Even though we find perfect combination of entry, fail probability is still there. Thus, using Parabolic Sar, we can reduce the fail entry. When we make entry, make sure the price breaks the previous formation of Parabolic Sar. If the price rejects previous formation of Parabolic Sar, it indicates price loss momentum and we can decide to exit the position.
------
The last one is the arrow signal, the arrow signal forms when three momentum cloud turn to green for buy signal or red for sell signal. Trader can easily find the best entry by using this signal. The black signal indicates exit signal where the smallest momentum turn to red or green which against our position.
------
Finally, any trading system do not have guarantee for 100% win rate. Thus, for this trading system, the concept are;-
1. Buy at high and sell at higher
2. Buy at perfect entry and sell at higher profit
3. Fail entry with low risk of lost
4. Fail entry with less lost
This is only a basic trading system. There is an extension for this trading system which has take profit signal and more entry signals. Private message me for more info. Have a nice day.