Cash Saty Vomy (STRATEGY)
Wha this strategy does is applies his Ribbon and ATR levels concept into a strategy he teaches called the Saty Vomy Strategy.
This setup occurs when on the 10m chart, the ribbon is in a clear (thick) trend. Price then starts to pull back, forming a "Dolphin" shape in the ribbon. When the 48ema on the 10m chart breaks, that is a signal to enter a trade, telling us the trend is breaking. You can learn more about this setup here: twitter.com/satymahajan/status/1648369109774614532?s=20
This indicator applies these rules by displaying the 10m ribbon over a 3m chart, and displaying long/short signals when the setup occurs. It provides it as a TV strategy, allowing you to backtest the strategy and see how well it works.
There are some caveats that the indicator does not (currently) solve for:
- If there is a key s/r level nearby, then you can experience fake outs. Always check that key support/resistance levels have broken before entering a trade, and understand your risk reward on the trade based on where your levels are.
- Volatile news events like FOMC, Fed Speakers, etc can quickly invalidate a setup.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact getthatcashmoney directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact getthatcashmoney directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.