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CAT Cloud Trader

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The core element of the indicator is the high and low pivots (reversal points) (green and red dots) that ate plotted with one bar delay only.

The idea is that you can considering going short against red dots and going long on green dots.

But the indicator uses a complex algo to identify prevailing market cycles.

When we get a green dot without a signal "Buy" you can consider covering your short but you do not try to go long.

When we get a red dot without a signal "Short" you can consider selling your long but you do not try to go short.

DISCLAIMER

The indicator provides trade set-ups and alerts that are for educational and hypothetical purposes only and shall not be considered trade recommendations.
Any signals or trading setups drawn by the indicator is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of the indicator must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision.

CastAway Trader, the publisher of this indicator is not registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority.

CastAway Trader reserves the right to un-publish this indicator or change it without any written notice.

Past results are not indicative of future profits.
Notes de version
Dec 14, 2022
fixed a bag with alerts
Notes de version
v.4 published on Nov 5, 2023
optimized for trading futures on 8 min and 15 min charts, switch to regular trading hours

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.