Early Buy Signal/Sharp Entry (Intraday)
Hi all, here is another example of applying Trailing Resistance Indicator on lower TF.
* My suggestion is TF30.
As you can see, with the help of this indicator, you can make your decision faster,
and make a sharper entry when you have detected a buy signal.
Detect buy signal (Daily TF)
Find best entry (TF30)
As usual, once price (candle) has crossed up the red line, you BUY.
That is all.
* My suggestion is TF30.
As you can see, with the help of this indicator, you can make your decision faster,
and make a sharper entry when you have detected a buy signal.
Detect buy signal (Daily TF)
Find best entry (TF30)
As usual, once price (candle) has crossed up the red line, you BUY.
That is all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.