@ all followers
I have not been posting because I was working on a custom trading assistant script on TradingView called Rel. Trading should be done with minimal emotion as possible to mitigate revenge trading, FOMO, or blind entries. So I am working on the signal engine now that will generate signals using fractals, formations, and liquidity levels. For example, the red triangles are sell formations and green ones are buy formations, that tells traders to enter shorts and longs respectively i.e. give you directional bias.
These triangles touch highs and lows marked by those smaller triangles which identify fractals. Fractals are used as targets where price could revisit. For example, the short forecast already hit TP 1 and now price may hit TP 2 and TP 3 where you can see fractals marked by green small triangles.
Moreover, Rel also uses previous day and weekly highs and lows to know where to take profit or where price will have a reaction. It will use 3-5* ATR to set SL. All these will be in signal engine, I am currently working on.
That's what I have been up to trading fam. I am ecstatic about my achievements as it took blood, sweat, tears, months, trial and error to get it working correctly. Now I want to gather trading outcome data from anyone new or seasoned traders. I will be giving free access on TradingView for 2 weeks so I can get feedback for anyone interested to use it. Just DM REL in comments and I will send the first 50 commentors the link and manual for you to start your 2 weeks free trial.
I only ask you share your PnLs, testimonies, etc. on Binance Square and credit REL.
NOTE: Rel is an assistant not a replacement for your trading decisions.
For a SCALP trade, Rel printed a sell formation on 15 min BTCUSDT.P and my first TP 1 was hit. Now I am waiting for TP 2 and 3.
$BTC Thank you for reading fam. Good trading guys.
As always DYOR and this is for educational purposes not financial advice.
#WAGMI #TradingView #TradingScripts