Point Of Control

2 Eki 2022

Strategy and indicators are explained on the Chart.

Here's how i read the chart.

Entry:

1. Let the price close above the Ichimoku cloud
2. Price is above Volume Support zone
2. Make sure that momentum indicated with Green Triangles for Long Position


Exit:

1. Orange cross at the bottom of the candle indicates price is about to weaken
2. Best time to exit is Volume Resistance + Bearish(Hammer or Engulf )

PS: Use it along with R-Smart for better results

4 Eki 2022

Sürüm Notları

Cosmetic Update: when price goes beyond fair price, orange cross will be displayed on top of the candle

9 Kas 2022

Sürüm Notları

1. Far Volume indicator is visible
2. Added code to validate Fair value on D,W,M timeframe

16 Haz 2023

Sürüm Notları

1. Removed less used Far Volume indicator
2. Added Volume Weighted Moving Average
3. Added Keltner Channel, this provides additional momentum validation. Use only "Upper" line in KC, along with Green Triangle to stay in Strong Momentum.
4. some minor changes like color and default values.

16 Haz 2023

Sürüm Notları

1. upgraded to version 5
2. Renamed titles in Indicators

27 Mar

Sürüm Notları

Cosmetic Updates.