Learning ATRIX. Lession №1 - BasicsAtrix trade system is a improved implementation of "Profitunity" (Trading Chaos) trade system by Bill Williams based on TRIX algorithm. You just can trade by Trading Chaos rules with Atrix and TTC or use trading rules for TRIX. See idea updates for details.
Of course, Atrix have some unique features. I will tell about them in the following educational ideas. Stay tuned.
This series of educational ideas is published at the request of international subscribers of the Atrix and TTC indicators which you can find im my profile in script section or in a linked ideas section. These publications should help subscribers use Atrix and TTC with maximum efficiency.
Bill Williams Indicators
BTC - Market Review , End of wave 4We have reached the top of the wave 3 now the correction or wave 4, I think we are in the B wave of 4, now the small increases and the C wave down on which we will bounce up to the waves 5.
Wave 4 statically goes down between 38-50% of wave 3, target zone is marked on the graph.
BTG - Stop BuyTime for BitCoinGold
I think it looks very tasty!
Risk of about $ 6 for 1 BTG potential profit for the moon;)
BUY stop with a 2D time interval
EOS -open BUY STOP positionMy today's open position at EOS
When the market does not generate large movements, you can say that it falls asleep,
I do not know if I decide to go up or down, but I know that I do not want to miss the moment of awakening,
So I bet 2 options with the STOP order
BUY and STOP SELL alloys
In this case, the price went up, so this BUY Stop order was opened to me
opposite order becomes STOP LOSS for him
my risk is the distance between BUY and SELL
this is one of the basic inputs that he uses
BTC - correction UPDATEprobably the drop that we had was just a wave A from the correction
the increase is a B wave and now we have a C wave down which should go lower than the A wave
in the upward wave, 3 waves are clearly visible, suggesting B waves
I fired a stop order Sell from 15 min BDB Bar marked with a turquoise line
Bitcoin - CAUTION Williams Fractal pattern !Maybe WARNING is a better title. Since February low I could only find three of these Williams Fractal set-ups. One was on the way up to near the first top of the double top, and the other two at both tops. You need to find two arrows pointing up followed by one down and then two pointing up again (as I've indicated with the finger signals). The first i.e. first pair 15/16 Feb followed by one down then second pair 16/17 Feb - went up a bit retraced and then headed for a new high. The second i.e. first pair 19/20 followed by one down then second pair 20 Feb - that was first top then went from $11,788 to $9,319. The third i.e. first pair 4/5 Mar followed by one down then second pair 5 Mar - that was second top went from $11,700 to $8,342 in the first instance.
Therefore we could see market go a little bit up then retrace and back up to a new high, or, worse. I'm staying long hoping it's the first case scenario, but if it drops and looks like repeating the worst case scenario's I'll be ready.
BTC - Short UPDATE at this moment everything is as planned,
I hold the SELL positions
4 and 5 have not yet formed
we are not even in target zone yet
you can not see the signal until the end of the correction
the turquoiseuwa line is my entry point from the STOP SELL position
of course, it can happen at all, so you have to be vigilant;)
LTC - long position Stop Buy UPDATEAloha;)
It is possible that my first entry into the LTC has been successful
I plan to keep BUY to target zone 3 wave around 700-1070 $
Of course, if the market gives strong signals of retreat, it will move Stop Loss up to secure my profits
At the moment I have 14.86% profit
In my opinion, everything looks very good