Intro to Support and Resistance Levels
Trend swing trading works very well for consistent trends, but the least bad option I could figure out to avoid the losses in baseline and trajectory changes was to just be patient and wait for it to swing back in the other direction.
However, a 30-minute resolution support/resistance level algorithm that will hopefully allow us to profit from these trajectory changes as well.
By using stop-limit orders to automatically sell whenever it falls through a support level, one can significantly decrease the risks.
Conversely, by buying when it breaks through resistance levels, we'll be able to take advantage of a lot of upsides that you'd otherwise be missing out on.
You can apply the indicator by searching for "Swing" in the indicators and picking the top result.
However, a 30-minute resolution support/resistance level algorithm that will hopefully allow us to profit from these trajectory changes as well.
By using stop-limit orders to automatically sell whenever it falls through a support level, one can significantly decrease the risks.
Conversely, by buying when it breaks through resistance levels, we'll be able to take advantage of a lot of upsides that you'd otherwise be missing out on.
You can apply the indicator by searching for "Swing" in the indicators and picking the top result.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.