SMMA FIB S/R + EMA Cloud - 6 Hour Swing - THE OASIS GROUP

23 באוג׳ 2018

This is a Swing Trade Chart Based on the 3EMA / 21 EMA / 55 EMA Cross Clouds.

The 4 Hour and the 6 Hour are the preferred Time Frames, mainly on the 6 Hour.

Aqua signifies Bulls and the 2 toned Aqua signifies a strong up trend.

Fuchsia signifies Bears and the 2 toned Fuchsia signifies a strong down trend.

Black Cross - Death Cross
Blue Cross - Golden Cross

We use SMMA as the support and resistances.
Fibonacci numbers are used here to mimic natural movement and to
have cleaner Moving Averages.
These moving averages can be used on any time frame.
Just check off the EMA Clouds.

Fuchsia - 21 SMMA
Lime - 55 SMMA
Blue - 144 SMMA
Red - 233 SMMA
Orange - 377 SMMA

Black - 55 EMA
Aqua/Fuchsia - 21 EMA (this EMA switches colors as it crosses the 55 EMA)

When the crosses occur always remember to keep proper stop losses and move them up according to your profit taking plan.
Crosses are meant to indicate a possible direction change, so use proper TA to analyze your positions and possible entries.

This is not a foolproof plan, but a great swing trader tool if you begin to know and understand it.

Exclaimer:
We don't give any Financial advice, this is pure entertainment value and should be taken as such. Enjoy!

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  THE OASIS GROUP
  
  
  

23 במרץ 2020

הערות שחרור

This version is cleaned up.

I removed the Crosses which were fixed at the 21/55 ema cross.

The Clouds are only 3/13 and 13/21 ema.
You can manually add the 55 EMA and have the cloud pass thru the 55 ema if you still like that signal for trend shift.
This was great for the 4hour and 6 hour timeframe. Remember when the characteristics of Traders in BTC change, so does the strategy.

Remember, this works best on Trendy and impulsive charts. Once the Asset becomes a sideways choppy range, then start looking for intraday or smaller time frame setups or look for another indicator to adapt to these different situations.

I like to use the 13 ema and 21 ema to show me trend strength and slowdowns.

The SMMA lines are still powerful levels on the daily and weekly time frame to quickly identify possible key levels of Support or Resistance.

Again, this information is for entertainment only.
I am not a professional and give no legal or financial advise.
Please use this for your own educational needs.
This is not a full proof plan or strategy.
All Traders must practice their own self discipline to manage their risk.

11 בינו׳ 2021

הערות שחרור

Long Awaited update.

Its just cleaner than the older one.

You can customize it any way you want.

Multiple SMMAs and EMAs