Hi there
I am sharing my short-term swing trading plan notes. This is for discussion purposes only. Please feel free to send comments/discussions so our BBT Forum can benefit from same.
From attached MSFT daily chart I observe a crossover of 20ema below 150ema. Per earlier notes and attachments this suggests to me a bearish crossover.
Please note new settings of Stochastic indicator:(12,6,3,75,25), above 75% suggest overbought and below 25% suggests oversold conditions, and corresponding MACD crossover suggests short-term swing trade trend direction.
Previous discussion was for short-term rallies in a long-term uptrend as generally seen for 2023 and 2024. I observe a potential downtrend for a while as suggested by 20/150 ema downward crossover, similar to 2022. What are your observations/thoughts.
Also, I am looking at a 7-17 ema crossover indicator for potential swing trade set-ups as shown on attached daily MSFT chart.
Please note this is not an investment advice. Please seek investment advise from your own investment advisor. The attachments and notes are for illustration and discussion purposes only on our BBT Forum.
I've developed a study in Tradingview that mimic's Thor's TOS pivot study. Still in the testing phase, but I've been using it successfully for a couple of weeks - happy to share with you.
Hi all,
I think that I was able to get Julien's script for the add short hot key to work, but I had to make some changes. I've copied the script below and put my changes in bold:
CXL ALLSYMB;StopPrice = Price;Share=Price*100*Pos;Price=AvgCost;SShare=Price*100*Pos;Share=1000-Share+SShare; Price=Share/100;Share=Price;Price= StopPrice-Bid;SShare=Share / Price;DefShare=BP*0.97;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;SShare=DefShare-SShare;Share=0.5*SShare;Price=Bid-0.02;TogSShare;TIF=DAY+;ROUTE=LIMIT;SELL=SEND;DefShare=10; Price=StopPrice-Bid*2;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS TIF:DAY+;
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