Confirmation of FOMO Signals 1. Open position after Candle Close or new Candle Open 2. Make sure price is below Holy Trend Line (HTL) for SHORTing. 3. Trade with the trend (Downtrend). 4. Close/consolidation above HTL indicates possible trend reversal
Result Total Profitable Trades in direction of the trend -> 7 Duration -> Less than 30 Days 5x Leverage 1. 73.9% 2. 105.95% 3. 88.45% 4. 25.55% 5. 35.4% 6. 44.6% 7. 80.65%
Filter out better trades 1. Do not SHORT if HTL is green. 2. Do not LONG if HTL is red 3. Trade in direction of the trend.
VJ -- in the discord ID you posted above, you need to remove the space between the 'X' and "#" so it reads: VJ - BITMEX#3208 ---otherwise we won't find you! :)
migm
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what TF is best for use?
vjsharma89
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@migm, Depends on market volatility and trending.
Currently 4hr works best.
For example Previous 4hr signal was at 3165 to Buy.
Hasn't changed yet.
migm
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@vjsharma89, one more question, should i set alert to once per bar close? any recommend alert setting for xbtusd?
I was getting the same signals from the Most Power indicator, what settings could be adjusted to get better or earlier signals?
vjsharma89
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@AndrewMarsh,
Not sure what the power indicator is.
But, as you can see, from the description above. There have been only 7 SHORT trades and 7 LONG trades based on FOMO. The trend direction is provided as well in FOMO along with No trade zones that gives you an idea of where the trade is headed.
The short term/mid term/long term signals can be adjusted from the input menu.
They work based on FOMO n HTL.