Key Trading Method Made Simple by JuliefaFX

In depth Understanding of Bearish Divergence Moves
with TMA indicator and Divergence Bars Oscillator
and with T3 MA for long or buy entry for this instance.


right after the THIRD divergence bar
take a look at the chart image

Identifying Internal and External Reversals
How to identify External Reversal?

pls visit docs to read more contents. thank you. (https://docs.google.com/document/d/1PCCDWFl-gwMI3CJHLMP4q3Yw32tE2Achp-mLERM2bT4/edit#bookmark=id.ecygy8cnsnd7)

CONTINUATION DOWN SCALPING

in M5 Type F & E followed by Type D in M1 External Reversal . 3 shorts 0.01 each

1 closed by Stoploss
2 closed by by AUTO Profit Target of 5% , $4.98 from account balance Wins
1 loss 2 wins scalping gold

default Profit Trail Stop activated

FOR SCALPING AND SWING
with the use of TMA indicator and T2E Divergence Bars

This is how we enter trade using limit and stop orders

from Daily, we can see that the price is or was outside above TMA line blue a possible bearish reversal will commence.
but, also a possible bearish divergence if divergence bar red will appear in the [KTMMS] T2E Divergence Bars Oscillator.
that will give us a signal for 'bearish divergence.

in H1, we enter our orders of sell limit and stop using buy sell button ea by setting the inputs of candle number for our stop pending orders, and/or price above or below current price for our limit pending orders.


the bearish reversal possible price between 1735 down to 1688 more or less.

then the daily bearish divergence will commence, where price will continue to go to the upside.

another SELLLIMIT Order using price input


why we place sell orders? because, based on daily the second red candle closed below 50% of the first red candle. that confirms the indis/oscis signal too for bearish reversal. but just a bit. it wont take long to go short.


i will end this post with results
for 5 days of scalping with GOLD
losses = 8
wins = 34
from $ 100 deposit balance
profit = $ 84.15
total lots used = 0.59 mini lots
// some pending orders executed are closed by not enough money, some manually closed.
the orange shaded cell under STOPLOSS are the results of 'Profit Trail Stop' by default.
the shaded green are with Take Profit set, without shaded green but wins are the results of 'Auto Profit Target' percentage.

lets do the plans for our trades with GOLD pair
as friday market closed
first signal TMA indicator where price is/was outside above TMA Line Blue
with STRAT broadening formation 2-1-2 bearish reversal
plus type 2-down bar close below 50% of type 1 bar.
note: daily is going to be a bearish divergence if and if the divergence bar red will appear, where price will continue to go in the upside.

in H1 time frame we have bullish divergence where TMA is RED and divergence bar blue with a possible, just possible Type B Internal Reversal.
for reversal, bullish:
- we will wait for the appearance of daily divergence bar red
- also in H1 for Type B Internal and Divergence bar blue be shifted plus TMA line should be blue
- and monitor the price, for possible down turn between 1735 down to 1688 at support and resistance zone or level.

for the meantime, we can scalp or swing for this opportunity to make profits.
- we can place sell limit at 1767.69 at the high of the previous bar (friday daily candle) or at half way 1757.64. or at low or close of thursday daily bar
- sell stop at the low of friday daily bar. OR at 1747.28

GOLD Scalping
this is now the appearance of Divergence Bar RED within TMA Lines BLUE
please read and follow previous posts of this thread. thank you.
https://www.cryptocraft.com/thread/post/14228324#post14228324


based on daily time frame we still have three sellstop. some of the sell entries are already closed and wins

in H4 SELLSTOP marker red broken line


and lastly, possible target price for short entries between 1703.75 and 1664.69


if sellstop triggered possible target profit value 1715.07
our next sellstop 1703.75 and possible target profit value 1664.69

Good Luck to all. be blessed.
Your Success is what matters most.

to continue with our trading analysis and plans for our trades with GOLD
we have a possible 2-1-2 bearish continuation from the STRAT broadening formations
GOLD Update
scalping.
hence, we are in the middle of the trend .
we have a possible 2-1-2 from the strat STRAT broadening formations, bearish continuation.

today's candle high 23/11/2022 of the last hour of london session before the new york session starts to a joint session, is not breaking the previous weekly low and the prevous daily high, also, together with the tuesday candle both not breaking the current weekly high. and current and previous candle are inside bars of monday candle.

note: we are inside the current weekly accumulation phase. and outside below previous weekly low.

by the way, for your information, our indicator initials for weekly and daily previous current high low are:
PWHi = previous weekly high
PWLo = previous weekly low
CWHi = current weekly high
CWLo = current weekly low
PDHi = previous daily high
PDLo = previous daily low
CDHi = current daily high
CDLo = current daily low
CDmid = current daily 50% of the daily bar

Profit Target WINS


ANOTHER WINNING ENTRIES (pls view image and read the text on chart. ty)

the STRAT BAR TYPE (Candle Identifier)
from OLD where numbers are place above or on top of the candle/bar.


to my newly build indicator the STRAT BAR TYPE to be added in my upgraded modified version TMA

With Annoying Stuff Indicators/Oscillators
with Results for GOLD Scalping

Attached Image (click to enlarge)

TMA Trend Lines

Attached Image (click to enlarge)

Upgraded Modified Version of TMA indicator with coded functions for the following :
weekly daily previous current high low

Attached Image (click to enlarge)

the STRAT Bar Type

Attached Image (click to enlarge)

5-day separator

Attached Image (click to enlarge)

divergence bars
// With this signal from the indicator, you can immediately identify if there's a divergence going to arise.
// The same as the T2E Divergence Bars oscillator and the TMA Trend Lines indicator, a 'bearish divergence' occurs when the T2E Divergence Bar RED appears within the TMA Trend Line BLUE, and 'bullish divergence' when the T2E Divergence Bar BLUE appears within the TMA Trend Line RED. The bars of this oscillator either BLUE or RED changes as the time moves, it dragged from first appearance to the next.


RESULTS
ACCIDENT: close sell button was clicked

Attached Image (click to enlarge)

but we recovered the losses and Friday ended with a hanging profit balance. Some entries were closed with a Take profit set, and only one left without a TP set.
WHY? because the computer is/was off.
That is the very thing if we use an EA, so we say 'forget me not' when it comes to not setting TP for every entry. Even if you set the profit target value manually or automatically once the PC is OFF, only with set Take Profit will be closed.

from a $100 deposit with two weeks of GOLD scalping, we now have a profit gain of $ 305.76. ^^^^^^

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Divergent Candle signaled for bearish
BTCUSD
all indis lined up
TMA RED
DIVERGENCE BAR Red and confirmed after the bear divergent candle signaled.

TECHNICAL AND PRICE ACTION

Step by Step in using the indis/oscis with price action, and where to enter trade
(sample for short entry)

First signal from IPO Reversal Signal and price action Type B External Reversal
//before the signal from the IPO Reversal OSCI and Price Action PA trend lines appears,
our T2E Divergence Bars RED already signaled from first appearance, price also appears outside above TMA. divergence bar red appearance within TMA blue line creates or signaling a bearish divergence, where price continue will to go up a bit. and when price again shows up above outside TMA, that is where the diagonal up trend line formed connecting two points with the next appearance of T2E Divergence Bar RED. with our oscillator from the IPO Reversal Signals giving us a double to multiple bottom that formed a TYPE B External Reversal to the downside.

hence, our price was outside above TMA blue lines, and after the T2E Divergence Bar RED appears, with price closed below T3 MA line for the second time.
now the question is where and when to enter trade?
1. wait for the second candle (current) close next below T3 MA, the bar after previous bar closed below T3 MA with T2E Divergence Bar RED.
note: you may enter sell trade after the two 2-Down bars closed below T3 MA. first candle closed below T3 MA is 2-DOWN in STRAT, then followed by second 2-Down bar closed below T3 MA.
also take note that the second bar closed below 50% of first candle. so 100% its a bearish reversal.
2. options to place orders:
- you may place sell order after the close of the second closed bar below T3 MA
- if price goes against you, you may double the lot and place sell order or price still goes against you, you may double again the lot size and place sell order.
( you have now 3 entries with total lotsize of 0.07 micro lot.)
- AND/OR set SELLLimit at the mid of the second bar closed below T3 MA
- AND/OR set SELLStop below or at the low of the second candle (previous) or 5 points below the low of the second candle
Bonus: set sell stop when price near close with TMA bottom line, WHY? because we have signal of 'Bearish Divergence'.
before this happens it will rebound first at or near TMA bottom line, and make a retest somewhere at the level where our two candles closed below T3 MA, then the price will continue to go down.

3. options to close orders:
- RRR (ex. 1:1, 1:2, 1:3 and so on and so forth)
- Auto Profit Target Value set by percentage and/or manual
- or Open Take Profit (not recommended. and not advisable for non-pro by taking risks)

We are PRO by taking money, not by risk. (from the mantra of strat) (https://www.forexfactory.com/thread/post/10408658#post10408658)

Sample AUTO Profit Target set 5% of Balance
also note: that we only have 0.03 micro lot, to achieve the target our lotsize should be calculated with our profit target set by 5%
and how to do that? <-- to be continue...


first possible take profit or profit target


cause of M5 rebound, from M1 Type A Internal Reversal


RESULTS:
AUTO PROFIT TARGET TAKEN OUT

Attached Image (click to enlarge)

Just to show an example of Risk Reward Ratio = 1:2


with this trading journal, we can be able to follow the trading rules of engagement when scalping with GOLD by following the very simple steps using the indis/oscis, and with the Simple Buy Sell Button EA v2.02 an upgraded and updated version of Simple Buy Sell Button EA v1.
remember, we started with a balance of $100 starting from this post click here (https://www.cryptocraft.com/thread/post/14226973#post14226973)

Another example EURUSD

Attached Image (click to enlarge)

Another sell entry for GOLD
the difference of Cloud Indi.
cloud indi for entry is too late. see sample chart

Attached Image (click to enlarge)

Scalping Trading
TF: M5
LOT: 0.01 micro lot
PAIR: GOLD XAUUSD
RRR: 1:3
ENTRY OP: SELL STOP
indis: TMA,Divergence Bars, T3 MA, IPO Reversal Signals

SUCCESS! WIN!

HOW TO EXIT YOUR TRADE USING RISK REWARD RATIO AND OPEN TAKE PROFIT?

T2E DIVERGENCE BAR RED APPEARANCES
first appearance was in the chart image below or click here to see the post (https://www.cryptocraft.com/thread/post/14237216#post14237216)

current chart still in M5.

the fourth one most probably the final appearance of the divergence bar red
watch out for the update

FOR BUY OR LONG ENTRY AND EXIT USING RRR AND OPEN TAKE PROFIT

Attached Image (click to enlarge)

fourth divergence bar red NOT the last and final one
here comes the fifth appearance

Attached Image (click to enlarge)

TEST OF TIME
indis with time frames M5 & M1
try to scalp the gold with wrong entries

EURUSD
retest and rebound between current and previous weekly high, price has moved 50 pips

Bear divergent candle


my price action at support and resistance "three pushes"

we can easily identify support and resistance if price goes outside above and/or below TMA lines with two to up to four pushes where divergence occurs.
this is what we called 'Trend Line Formations' connecting two to up to four points creating a trend line formations from price action with the IPO Reversal Signals oscillator also form a trend line resulted to different types of trend line formations for reversals. Internal if the reversal is about to come and price will go up, External if the reversal is about to come and price will go down.

from first appearance of T2E Divergence Bar RED
note: first appearance marked.
Bearish Divergence, again, always and always occurs where price action continue to move up
signals: Divergence Bar RED appears within TMA Lines BLUE.


fourth and fifth push

XAUUSD
Divergence Bar RED appearances


EURUSD
second divergence bar RED appearance

those are Bearish Divergences signaled by our indis TMA and T2E Divergence Bars where price continue to go up.

update and results
XAUUSD
fourth appearance of divergence bar RED

EURUSD
third appearance divergence bar RED


1 loss 3 wins


XAUUSD EA - Simple Buy Sell Button EA v2 , auto profit target not set
EURUSD EA - Simple Buy Sell Button EA v1 , auto profit target setted. we planned to dipdip a bit but we forgot to set false in auto profit.

Before the market closed we have 4 entries, 1 for XAUUSD and 3 in EURUSD resulted in 1 loss and 3 wins due to AUTO PROFIT TARGET.

This is now the market of XAUUSD & EURUSD
note: the divergence bar appearance still the same no change
note also that we only deposited $100 in the balance that is why we use auto profit target 5% to take profit in small amount slowly but surely to increase the account balance.
xauusd divergence bar still in fourth appearance
eurusd divergence bar still in third appearance
and with tma line blue which is an uptrend direction
which means still in bearish divergence where price continue to move up.

8 hours before the market closed for EURUSD & XAUUSD
EURUSD an increased of 13% of the Average Daily Range, and in overbought zone of level, BUT NOT YET in Extreme as shown in RSI Average Level.

XAUUSD an increased of 20% of the Average Daily Range, and in overbought zone or level, BUT NOT YET in Extreme as shown in RSI Average Level.

NOTE ALSO: that using MT4 Brokers, all of them are making manipulations in our every trade. you will be experiencing suspension, hold, cold snap, frost, freeze up or freezes with your platform. whether demo or live. so we cant execute right away when that happens. we cant close orders at the good price, and place again orders if we wanted to.
so, if you continue trading make sure you have take profit set, and/or auto profit target value, at least minimum so that you can gain and nothing to lose.

7 in 1 Indicator
Updated upgraded modified version TMA with..
1. five day period separator - monday to friday
2. Slim STRAT Bar Type
3. candle pips alerter MTF
4. divergence bars plus Alerts
5. three line break
6. ATR levels 50% 100% daily weekly monthly, current and previous high low open close plus Alerts
7. TMA Trend Lines plus Alerts