Highly Profitable Scalp Trading Strategy with Trend Volume Accumulations
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Assalam-o-Alaikum Steemians !
I'm @moneyster, a professional level Cryptocurrency investor and an analyzer. As usual, today I thought to share another Crypto-related experience with you. I hope this article will be considerably beneficial for all the Steemians in this community
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Basically, the Trend Volume Accumulations are some factors that help to determine the exact volume of the market in conjunction with the present price of the assets. So, some developers have created a New Technical Indicator to identify these useful Trend Volume Accumulations and it is known as the Trend Volume Accumulations Indicator.
Mainly, there are two color indications in this Trend Volume Accumulations indicator which are Blue and Red. We can use these Blue color indications as good buying zones. It means, the buyers are playing in the Market and we can use these zone to take long entries.
On the other hand, We can use these Red/Orange color indications as good selling zones. It means, the sellers are playing in the Market and we can use these zone to take short entries. If not, we have the ability to sell our assets in these zones after confirming other factors.
Furthermore, these Trend Volume Accumulations are indicated with some oscillation type waves in a separate indication panel. So, here we can identify the exact volume pressure by looking at these peak locations of relevant oscillations. Therefore, we can easily decide our entry point with the help of these oscillations generated by the Trend Volume Accumulations indicator.
Here we can easily identify the exact Volume in the market with the help of Trend Volume Accumulations. The most interesting thing about this indicator is that it calculates the Volume in conjunction with the Market price of the relevant asset. Therefore, it doesn't follow the same trend in the price chart while it generates actual Volume Accumulations. Then it indicates these generated signals through some detailed oscillations. Therefore, we have the ability to predict the exact Market volume even in the Uptrend or Downtrend. However, the generated signals are more accurate than general volume indicators which is added as an inbuilt indicator in the TradingView Chart.
First of all, I will add this Trend Volume Accumulations indicator to my Crypto Chart using the TradingView platform. Then we can go to "Indicators" thought to tool panels and search "Trend Volume Accumulations" in the giver search bar. Below I have included a screenshot to demonstrate adding the Trend Volume Accumulations indicator to our chart.
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Below I have demonstrated some good zones provided by this Trend Volume Accumulations indicator. Here we can see good zones to buy our assets or take a buy entry through the Blue "oscillations" signals generated by this indicator. When the Red or Orange oscillation changes to a Blue oscillation, we can easily take our entry.
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Below I have demonstrated again some good zones provided by this Trend Volume Accumulations indicator. Here we can see good zones to sell our assets or take a sell entry through the Red or Orange"oscillations" signals generated by this indicator.
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In this way, we can use these Trend Volume Accumulations indicators for getting better and easy trading opportunities. However, we can try to combine this strategy with some other indicators to increase the winning percentage.
At the same time, as I said in my previous article, we should remember that all the indicators and strategies are not efficient completely as nothing we can find 100% efficient in the world. So, we should depend only on these strategies and indicators to confirm our trading opportunities.
I have studied the below-sourced articles to further study these topics and I have explained all the above facts in my own words and experience.
10% benificiary set for @tron-fan-club
25% benificiary set for @null
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It's nice you are supporting the burnsteem initiative and once again once it comes to trading and technical analysis, you are undisputed. I learnt some important things from your post and I am looking forward to your next post. Steem on
Thank you very much for your valuable article and it's really a pleasure to have such an attractive comment from you.
Swing and future traders will definitely benefited from your piece
Of course, all the Traders can follow these strategies and they have the ability to make their own one. Thank you very much for your comment.
Note: You must enter the tag #fintech among the first 4 tags for your post to be reviewed.
Thank you @nane15 for your support. I highly appreciate it.
You have made a great post and the way your neatly presented your setups is awesome.
Thank you for this great piece.
Thank you very much for your valuable comment brother. You are always a very very active member of this community and we really appreciate it.
Thank you for sharing a well detailed information. With this, i can execute a good position while i scalp trade.
Thank you very much for your valuable feedback on my article. It means a lot to me.