INVITE-ONLY SCRIPT
NexTrader v2.1
Trading can be a profitable pursuit but it can also be a very risky one.
A lot of traders do not have the time to study the market all day long, which means they don’t have the time to study the patterns that develop over the course of a day or week.
There is a way to trade that overcomes this problem by trading indicators that help you catch the trend in the early stages, something that is all too easy to miss. (The way to do this is to use a trading system based on the previous months average price and the current months average price, that is described in this post.)
Yes, it is possible to trade without indicators. We can argue about how much better it is to trade with trading indicators, but all is better than nothing.
Here in Nextrader we decided to show you how to trade with average* monthly prices. The idea behind this trading indicator is that the average monthly price is a reflection of the price action of the instrument.
Some traders believe that there is a possibility that the price will go back to the average monthly price level. In general, the use of the average monthly price as a trading indicator is not new and is very common among advanced traders.
Everyone is looking for trading indicators that can predict future trends.
This one is based on past prices and goes well across all time frames. It uses the average price for the current month and the average price for the last month to predict future price direction.
The indicator is the result of a simple moving average crossover system.
The fast average(white crosses) is based on the current month price and the slow average(red crosses) is based on the last month price. When the current month price crosses above the previous month price the signal line turns up and indicates a positive trend.
The thing to keep in mind here is that the average is not an indicator of when to buy or sell, but rather a direction signal generator.
The wider distances between two lines the stronger trend direction is. The shorter distance meaning more sideways price action.
* The average is just a mathematical tool that will help you to generate a trading rule.
A lot of traders do not have the time to study the market all day long, which means they don’t have the time to study the patterns that develop over the course of a day or week.
There is a way to trade that overcomes this problem by trading indicators that help you catch the trend in the early stages, something that is all too easy to miss. (The way to do this is to use a trading system based on the previous months average price and the current months average price, that is described in this post.)
Yes, it is possible to trade without indicators. We can argue about how much better it is to trade with trading indicators, but all is better than nothing.
Here in Nextrader we decided to show you how to trade with average* monthly prices. The idea behind this trading indicator is that the average monthly price is a reflection of the price action of the instrument.
Some traders believe that there is a possibility that the price will go back to the average monthly price level. In general, the use of the average monthly price as a trading indicator is not new and is very common among advanced traders.
Everyone is looking for trading indicators that can predict future trends.
This one is based on past prices and goes well across all time frames. It uses the average price for the current month and the average price for the last month to predict future price direction.
The indicator is the result of a simple moving average crossover system.
The fast average(white crosses) is based on the current month price and the slow average(red crosses) is based on the last month price. When the current month price crosses above the previous month price the signal line turns up and indicates a positive trend.
The thing to keep in mind here is that the average is not an indicator of when to buy or sell, but rather a direction signal generator.
The wider distances between two lines the stronger trend direction is. The shorter distance meaning more sideways price action.
* The average is just a mathematical tool that will help you to generate a trading rule.
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 NexTrader에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
If someone want to try it can PM me in Tradingview platform
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 NexTrader에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
If someone want to try it can PM me in Tradingview platform
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.