UVXY: Buy & Sell
This indicator allows you to determine when you need to buy or sell UVXY .
HOW TO INTERPRET:
- Here you need using pyramiding with 2-4 parts of deposit.
- Visually, the indicator resembles the work of Bollinger Bands indicator.
- When the price goes down beyond the channel boundary, then you need to buy. Also, when the price starts to return to the channel from the bottom up, then you need to buy. In addition, you can buy the lowest channel exits.
- When the price goes up beyond the channel boundary, then you need to sell. When the price starts to return to the channel from the top down, then you go to sell. Also, you can sell the highest channel exits.
- Important: After a too sharp increase in volatility , as a rule, a sharp drop occurs, therefore, in such cases, you should not use the 1st buy signal on the 1h timeframe.
- Note: for the indicator to work correctly, only timeframes of 1h, 1d, 1w and higher are allowed.
- OTC-trading function is also required in your Tradingview account.
ATTENTION:
- ALWAYS USE IN ADDITION TO TECHNICAL ANALYSIS!
- ALWAYS COMPLY WITH RISK-MANAGEMENT AND MONEY-MANAGEMENT!
Kind regards, Baro Virtual!
HOW TO INTERPRET:
- Here you need using pyramiding with 2-4 parts of deposit.
- Visually, the indicator resembles the work of Bollinger Bands indicator.
- When the price goes down beyond the channel boundary, then you need to buy. Also, when the price starts to return to the channel from the bottom up, then you need to buy. In addition, you can buy the lowest channel exits.
- When the price goes up beyond the channel boundary, then you need to sell. When the price starts to return to the channel from the top down, then you go to sell. Also, you can sell the highest channel exits.
- Important: After a too sharp increase in volatility , as a rule, a sharp drop occurs, therefore, in such cases, you should not use the 1st buy signal on the 1h timeframe.
- Note: for the indicator to work correctly, only timeframes of 1h, 1d, 1w and higher are allowed.
- OTC-trading function is also required in your Tradingview account.
ATTENTION:
- ALWAYS USE IN ADDITION TO TECHNICAL ANALYSIS!
- ALWAYS COMPLY WITH RISK-MANAGEMENT AND MONEY-MANAGEMENT!
Kind regards, Baro Virtual!