where can i find entry/exit points for my trades

Discussion in 'Options' started by fuelman79, Apr 10, 2016.

  1. fuelman79

    fuelman79

    im looking for a indicator that helps me find the entry points to buy and exit points to sell is there any out there? or is there a certain name for the indicator? picture of example
     
  2. speedo

    speedo

    Any indicator can give you entry and exit points, however don't expect them to make you profitable. There are no shortcuts, either commit yourself to a lot of time and hard work or find something else to do.
     
    SunTrader and Handle123 like this.
  3. fuelman79

    fuelman79

    well to be more specific i mean indicators that have that bubble like my picture as a example
     
  4. primary ones are - Candle chart patterns, moving average, volume
    secondary indicators are - stochs, accumulation/distribution, RSI, Bollinger band etc

    Sorry, I don't have time to attach pictures of those examples
    I think some companies sell some excellent indicators that identify optimum entry and exit points.
     
  5. fuelman79

    fuelman79

    Thanks for the quick response. Did you have any companies in mind that sell optimum entry and exit points?
     
  6. carrer

    carrer

    Such companies don't exist. They would be better off making money with the indicators than selling them for say $99.
     
  7. Loooppy99

    Loooppy99

    I see your using MT4. try this one. It's the only indicator I use on MT4. Based on an EMA (with a difference)
     
  8. Buy1Sell2

    Buy1Sell2

    RSI, MACD, Bollinger Bands, Price combo applied on multiple time frames.
     
    Windlesham1 likes this.
  9. carrer

    carrer

    Hi Loooppy99,

    Do you mind to share what the logic behind the indicator is? It doesn't look like a conventional MA and it looks good on the chart.
    Does it repaint?
     
  10. Loooppy99

    Loooppy99

    Nope, Doesn't repaint. Change the colors to one color.
    Set to 3 on 15m & 1h.
    Set to 6 on 4h & above.
    Enter trade when candle above/below halftrend line on 1h.
    NO trade when candles are touching line. (ranging)
    Take care when trading on wrong side of 4h line.
    Cheers
     
    #10     Apr 11, 2016
    carrer likes this.