ABID'S METHOD
ABID'S METHOD
Trading Signals and Entry Rules
Sell Signal
- Shi_SilverTrend Indicator: A red dot appears, indicating a selling signal.
- Resistance Level or Sugarush Wave: The trend encounters resistance at any level of the band or reaches the end of the Sugarush wave, signaling exhaustion and a suitable selling opportunity.
- Stochastic Oscillator: The Stochastic Oscillator is at the overbought level, and the stochastics cross.
- %R Indicator: The %R confirms the overbought level.
- RSI and MFI Indicators: Both the Relative Strength Index (RSI) and the Money Flow Index (MFI) confirm the overbought level.
Now you can sell!
Buy Signal
- Sugarush Wave or Support Level: The trend is likely at the end of the Sugarush wave or has found a strong support level.
- Shi_SilverTrend Indicator: A blue dot appears, indicating a buying signal.
- Stochastic Oscillator: The Stochastic Oscillator is at the oversold level, and a crossover is anticipated.
- %R Indicator: The %R confirms the oversold level.
- RSI and MFI Indicators: Both the Relative Strength Index (RSI) and the Money Flow Index (MFI) confirm the oversold level.