Bull Bear Trend Anlysis Signals by ActualEquation
How To Use
Best used on TF larger than 1 hour for highest accuracy.
The higher the wave the stronger the trend.
For entries, wait for the wave to rise then enter after a color flip.
Once flipped, you can look for entries at a smaller time frame to narrow down your buy price.
For shorts, wait for confirmation of color flip with initial red wave down.
BOUNCE PLAYS:
1. Find Divergences via the height of the wave.
2. The more stretched from 0 the stronger the strength.
3. If second drop/rise is less than first, then divergence is present, look for entry.
4. Zoom in to the hourly charts to find initial bounces, then zoom into 5 minutes to look for setups.
NOTE: all signals strength are based off the charts macro strength and most are delayed. If the signal is too high, then it should be the time to close position soon.
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 ChaiQixuan directly.
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 ChaiQixuan directly.
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.