This is my original Dashboard(proprietary ).I trade multiple trade strategies.This is one of them.what it says?
as mentioned in 1st post,i take main trend direction in 4HR TF.then trade in 30Min && 1Hr TF.
explanations to make readers understand about my dashboard:
BULLS-means main(LT) trend bias is bullish in any timeframe it is shown.
BEARS-means main trend bias is bearish in any timeframe it is shown
BUY-means 'main trend' has given 'BUY' signal in any timeframe
SELL-means 'main trend' has given 'SELL' signal in any timeframe
LT-means long trend
ST1-means short timeframe.period secret
ST2-means short timeframe,more longer than ST1.period secret
Green Circle arrow up-means BUY signal in any timeframe it is shown
Red Circle arrow down-means SELL signal in any timeframe it is shown
45 degree up arrow-means trend is bullish continuance in any TF it is shown
45 degree down arrow-means trend is bearish continuance in any TF it is shown
how do I trade the dashboard signals?this just one way..
Long trade:
-if I am to trade only ,say,4HR TF,then
- LT should be BULLS or BUY
- ST1 or ST2 should show green circle up signal
Short Trade:
-if I am to trade only ,say,4HR TF,then
- LT should be BEARS or SELL
-ST1 or ST2 should show red circle down signal
-that's it-simple and effective
as mentioned in 1st post,i take main trend direction in 4HR TF.then trade in 30Min && 1Hr TF.
explanations to make readers understand about my dashboard:
BULLS-means main(LT) trend bias is bullish in any timeframe it is shown.
BEARS-means main trend bias is bearish in any timeframe it is shown
BUY-means 'main trend' has given 'BUY' signal in any timeframe
SELL-means 'main trend' has given 'SELL' signal in any timeframe
LT-means long trend
ST1-means short timeframe.period secret
ST2-means short timeframe,more longer than ST1.period secret
Green Circle arrow up-means BUY signal in any timeframe it is shown
Red Circle arrow down-means SELL signal in any timeframe it is shown
45 degree up arrow-means trend is bullish continuance in any TF it is shown
45 degree down arrow-means trend is bearish continuance in any TF it is shown
how do I trade the dashboard signals?this just one way..
Long trade:
-if I am to trade only ,say,4HR TF,then
- LT should be BULLS or BUY
- ST1 or ST2 should show green circle up signal
Short Trade:
-if I am to trade only ,say,4HR TF,then
- LT should be BEARS or SELL
-ST1 or ST2 should show red circle down signal
-that's it-simple and effective
Attached Image
-CKB