GVT pump detector
use this to get in on gvt pumps (1h charts).
3 indicators to look for:
1) the price has closed the 1h chart above the orange 200ma line.
2) the fast blue ema 7 has crossed over the 200ma
3) the price action is above the white mid cap line and in the faint green zone).
how to use:
1) buy when the indicator along the bottom turns green
2) sell when the price goes outside of the top white band (or at latest when it comes and closes back inside) - EW/fib will guide this.
3) set SL at mid band
4) do not enter trade if red along the bottom or if green but the previous steps have passed.
3 indicators to look for:
1) the price has closed the 1h chart above the orange 200ma line.
2) the fast blue ema 7 has crossed over the 200ma
3) the price action is above the white mid cap line and in the faint green zone).
how to use:
1) buy when the indicator along the bottom turns green
2) sell when the price goes outside of the top white band (or at latest when it comes and closes back inside) - EW/fib will guide this.
3) set SL at mid band
4) do not enter trade if red along the bottom or if green but the previous steps have passed.