This strategy is developed by Real Life Trading. Because I couldn't find an indicator for this strategy I programmed my own indicator. The idea is to go long on the high of the first bear candle that opens and closes above the 10 EMA and to go short on the low of the first bull candle that opens and closes below the 10 EMA. I am also programming a strategy with...
Use this on TSLA 3-min chart ORB strategy STRATEGY 3-min chart / TSLA SETUP 1) R = Risk Unit 2) OCO/Bracket trade long/short the opening range breakout of 1st candle of the day. 3) On the 2nd candle, If the price action goes ABOVE HIGH of the first candle high (thick green line), then the BULLISH trade is entered. 4) On the 2nd candle, If the price action...
If price action is above the 50ema + 105ema on the 30-minute chart, be bullish. If price action is below the 50ema + 105ema on the 30-minute chart, be bearish. If price action is in-between buy off the lower when it acts like support and sell near the top ema which will act like resistance. The purpose of this indicator is to show these 30-minute moving averages...