Market and portfolio update June 2022

Price Channel Trading Strategy

Characteristics:

• Channels are banded current trend-following indicators. 
• Similar to other indicators they lagging.
• They have an upper and a lower line.
• Upper and lower bands are at equal distance from a middle line. 
• The area between upper and lower lines is the channel. 

Signals:

• The upper or lower line breakouts.
• The upper and lower lines bounce backs.

Channels can be seen in trendy or sideways markets.

Different types of channels will be discussed in other videos like:

Donchain Channels

Keltner Channels

Fibonacci channels

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Ultimate Oscillator

 

Buying Pressure (BP) = Current Close – Minimum (Current Low or Previous Close)

 

Ultimate Oscillator = 100 x [(4 x Cycle1) + (2 x Cycle2) + Cycle3] / (4 + 2 + 1)

 

Calculation

If:

·         Cycle 1=7

·         Cycle 2=14

·         Cycle 3=28

Then:

Ultimate Oscillator = 100 x [(4 x Average7) + (2 x Average14) + Average28] / (4 + 2 + 1)

 

Overbought and oversold signals:

In an uptrend:

Buy when the indicator rise above oversold line.

In a downtrend:

Sell when the indicator falls below the overbought line.

Divergence signals:

Buy signal normally at the end of a downtrend: Wait for the bullish divergence in the market. This means, the price should make a lower low, but the indicator should display a higher low.

Sell signal normally at the end of an uptrend: Wait for the bearish divergence. This means, the price should make a higher high, but the indicator should display a lower high.

Stochastic Momentum Index (SMI)

We can use this indicator to get the following information.

Overbought or Oversold: Above the overbought and below the oversold lines.

Trend: More oversold in compare to overbought indicates a downtrend.

More overbought in compare to oversold areas indicates a downtrend.

Trading Signals: Crossing the lines inside the extreme areas.

Price Oscillator Strategy

The Price Oscillator uses two moving averages.

 ✔ One shorter-period, and one longer-period. 

✔ When 2 MAs cross each other the PO reads 0. 

The Price Oscillator technical indicator can show overbought and oversold areas. 

Strategy: Only go long in an uptrend. Only go short in a downtrend 

Uptrend strategy: Look for an oversold situation to open a buy position. Close when get to overbought then close some more when crossing back to the zero line.

 Downtrend strategy: Look for an overbought situation to open a sell position. Close when get to oversold then close some more when crossing back to the zero line.

Lowest Low Value

The Lowest Low-Value indicator plots the lowest low price over a specific period. 

Previously on my other video called "Highest High-Value Indicator (HHV)" I explained how we can combine HHV with MA. (Link is provided below)

On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to confirm trading signals.

HHV and LLV are very reliable in the trendy market, so it is wise to only use them when we have high ATR readings.

Intraday Momentum Index (IMI)

The Intraday Momentum Index (IMI) combines candlestick analysis with the RSI. It takes into account the open and close price over the course of the day. Technical analysts can use the IMI to find overbought or oversold conditions. Please consider the following: ✔There will be more false signals in volatile markets and market collapse. ✔Use SLs ✔This is good to add to the existing Cryptocurrency positions at a deep.

Which indicators are the best?

Which indicators or theories you use for trading?

As a technical trader, I am using indicators to execute my positions.
Choosing the right indicator for each pair is important as they respond differently to the different indicators.
$AUDUSD  may respond good to Williams R% but $GBPUSD may work better with Stochastic.
$Gold and $OIL are perfect for recurrence theory trading while $EURUSD is a nice pair for Elliott wave systems. (Only my experience).
Setting up an indicator for the different time frames is also an important factor.

Your strategy should also be based on your lifestyle. When choosing the indicators and time frames you should consider what type of trader you are, if you are a scalper, day trader or someone who likes to works on bigger time frames.

You may only be interested in fundamental trading.

The main key to be able to be successful is by adopting a good strategy and money management system which you can read more about that here.

Good luck!

Here is a list of indicators and strategies to use in your trading. I have included videos to help you better understand each indicator. 

1. Accumulation distribution is a cumulative indicator
2. Accumulative Swing Index
3. Average Directional Index (ADX/DMS)
4. Alligator indicator
5. Aroon indicator
6. Aroon Oscillator
7. Average True Range (ATR)
8. Awesome Oscillator
9. Bollinger Bands (BB)
10. Centre Of Gravity (COG)
11. Chaikin Volatility
12. Chande Forecast Oscillator (CFO)
13. Chande Momentum Oscillator (CMO)
14. Commodity Channel Index (CCI)
15. Coppock Curve
16. Detrended price oscillator (DPO)
17. Ehler Fisher Transform Indicator.
18. FRACTAL CHAOS BANDS (FCB)
19. Fractal Chaos Oscillator
20. Gopalakrishnan Range Index. (GAPO)
21. Highest-high-value-indicator(HHV)
22. Historical Volatility Indicator
23. High Low Bands Indicator (HBL)
24. High Minus Low indicator (HML)
25. Intraday Momentum Index (IMI)
26. Ichimoku Cloud
27. Keltner Channel (KC)
28. Linear Regression Forecast Indicator (LRF)
29. Linear Regression Intercept indicator
30. Linear Regression R-Squared Indicator
31. Linear regression slope indicator
32. Lowest Low Value

33. McGinley Dynamic Indicator

34. Median Price Indicator

35. MILAN OSCILLATOR INDICATOR

36. Momentum Indicator
37. Money Flow Index (MFI)
38. Money Flow Index Indicator (MFI) Part-2
39. Different Type of Charts - Part 1
40. Moving Average Strategies
41. Moving Average Envelopes 
42.  What is Parabolic SAR?
43. Pivot Point Strategy
44. Pretty Good Oscillator Indicator
45. Price Rate Of Change Indicator (ROC)
46. Prime Number Bands
47. Prime Number Oscillator - PNO
48. Q-Stick Indicator
49. Random Walk Index Indicator (RWI)
50. Ravi (Range Action Verification Index)
51. RSI (Relative Strength Index)
52. Schaff Trend Cycle - STC
53. standard Deviation Indicator
54. Stochastic Momentum Index (SMI)

55. Stochastic Oscillator

56. Swing Index Indicator (SI)

57. Time Series Forecast Indicator (TSF)

58. Triple Exponential Average (TRIX)

59. True Range

60. Typical Price

61. Ultimate Oscillator

62. Vertical Horizontal Filter

63. Weighted Close indicator