If you listended to or watched my newsletter from last night,
one thing I discussed was the cycle indicator: I said whenever you
see price following the cycle over and over multiple times
basically ping ponging between them, that is something that is very
notable because it confirms the consolidation pattern and you
simply wait for price to eventually break one of those cycles to
signal a breakout or break down and wave 3.
notice on my far right bottom chart you have this occuring right
now on the 5 min ES/MES chart. What I do is look at multiple
time frames and try to find where this is occuring the3n take a
trade. I took a short a few min ago on that resistance cycle - and
I'll wait for price to eventually break one of these cycles for my
next trade. And here's the URL where you can place this on a
monitor to monitor it (pun)
it's because you either don't have an account or your account
doesn't allow more than a certain number of indicators to be
displayed. Trading View tries to nickel and dime you by charging
you more for using greater than a few indicators on the chart at
one time. Look at the error message it gives you it states:
Study Error, the maximum number of studies per chart has
been reached
I placed the link into a browser I'm not logged into and I see
the chart with the cycles, volume, demark, and A indicator but it's
not displaying the ribbons again it gives the error of max number
of studies
I could remove one of the inicators like the A's and Demark and
the MA ribon would show, but at the end of the day I don't really
agree with making the charts worse by reducing indicators for
people who don't have subs. Otherwise the main thing about the
chart is the cycles seeing it on multi time frames at a glance, and
that you can see
Posted by DigiNomad on 13th of Dec 2023 at 01:20 pm
TradingView got me with the alerts. I can live without so many
indicators but once I started setting a lot of complex alerts
(mostly alerts on strategies) it required upgrading all the way to
"Premium" to get "open ended" alerts. Again, you don't have
to have open ended alerts, but having to reset alerts every month
that were designed to catch things that may only happen a couple
times per year is not my idea of operating efficiently.
Posted by patellee on 13th of Dec 2023 at 01:19 pm
Ah super helpful. I think I'll subscribe to TradingView.
Having these indicators in one glance is informative.
TradingView should really compensate you for sending people
their way. Is there a referral code we can use that would
give you credits or something like that?
Posted by patellee on 13th of Dec 2023 at 01:19 pm
Ah super helpful. I think I'll subscribe to TradingView.
Having these indicators in one glance is informative.
TradingView should really compensate you for sending people
their way. Is there a referral code we can use that would
give you credits or something like that?
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Trading View chart for you: Cycles and ribbons on 8 time frames
Posted by matt on 13th of Dec 2023 at 11:16 am
If you listended to or watched my newsletter from last night, one thing I discussed was the cycle indicator: I said whenever you see price following the cycle over and over multiple times basically ping ponging between them, that is something that is very notable because it confirms the consolidation pattern and you simply wait for price to eventually break one of those cycles to signal a breakout or break down and wave 3.
notice on my far right bottom chart you have this occuring right now on the 5 min ES/MES chart. What I do is look at multiple time frames and try to find where this is occuring the3n take a trade. I took a short a few min ago on that resistance cycle - and I'll wait for price to eventually break one of these cycles for my next trade. And here's the URL where you can place this on a monitor to monitor it (pun)
https://www.tradingview.com/chart/epRziFih/
here's the exact time I discuss that cycle behavior on Youtube Video, https://youtu.be/ivBVF_m8j88?t=783
When I open the link
Posted by patellee on 13th of Dec 2023 at 01:00 pm
When I open the link in TradingView, I am unable to see the ribbons on the bottom. Are there any tricks or settings I need to be aware of?
it's because you either don't
Posted by matt on 13th of Dec 2023 at 01:14 pm
it's because you either don't have an account or your account doesn't allow more than a certain number of indicators to be displayed. Trading View tries to nickel and dime you by charging you more for using greater than a few indicators on the chart at one time. Look at the error message it gives you it states: Study Error, the maximum number of studies per chart has been reached
I placed the link into a browser I'm not logged into and I see the chart with the cycles, volume, demark, and A indicator but it's not displaying the ribbons again it gives the error of max number of studies
I could remove one of the inicators like the A's and Demark and the MA ribon would show, but at the end of the day I don't really agree with making the charts worse by reducing indicators for people who don't have subs. Otherwise the main thing about the chart is the cycles seeing it on multi time frames at a glance, and that you can see
you can see price fell
Posted by matt on 13th of Dec 2023 at 01:21 pm
you can see price fell below that 5 min support cycle
but again FOMC in 40 min
TradingView got me with the
Posted by DigiNomad on 13th of Dec 2023 at 01:20 pm
TradingView got me with the alerts. I can live without so many indicators but once I started setting a lot of complex alerts (mostly alerts on strategies) it required upgrading all the way to "Premium" to get "open ended" alerts. Again, you don't have to have open ended alerts, but having to reset alerts every month that were designed to catch things that may only happen a couple times per year is not my idea of operating efficiently.
Ah super helpful. I
Posted by patellee on 13th of Dec 2023 at 01:19 pm
Ah super helpful. I think I'll subscribe to TradingView. Having these indicators in one glance is informative. TradingView should really compensate you for sending people their way. Is there a referral code we can use that would give you credits or something like that?
Ah super helpful. I
Posted by patellee on 13th of Dec 2023 at 01:19 pm
Ah super helpful. I think I'll subscribe to TradingView. Having these indicators in one glance is informative. TradingView should really compensate you for sending people their way. Is there a referral code we can use that would give you credits or something like that?