AGAIG STARS ALIGNED TRADING for TOS
Since (to my knowledge) nobody has found the actual Holy Grail for options trading, it leaves me with the idea that the next best goal is to trade with “As Good As It Gets -- The Stars Aligned.”
For trading purposes, I use a 2min/5min chart combination (although one can use the time frames of their choice).
Now let’s see HOW THE STARS CAN BECOME ALIGNED.
FIRST THE CHART “STARS”
FIRST THE CHART “STARS”
The three Chart Stars are: The Traffic Light (one of my newest and best Dashboard Labels), The TI- MTF-DMI and the Chart Trading Path (Red/Green MA (Moving Average Arrows). WHEN THESE THREE AGREE “THE STARS ARE ALIGNED.”
NEXT “THE SUPPORTING CAST”
THE SUPPORTING CAST is all the other indicators which provide a heads-up for changes in direction that might be happening soon, as well as known Pivot Points where computers and algorithms frequently express themselves, as well as the Price Pointer and PSAR (Parabolic Stop and Reverse).
I’ve also added the Bayesian Trend Labels. These two labels show TREND STRENGTH Up/Down % and Probability of Up/Down TREND BY PERCENT.
I’m using clouds instead of candles, and I am following price trend with my Price Pointer.
ORB (Opening Range Breakout is shown as a 15 minute opening dashed yellow and after 15 minutes becomes a solid yellow line, The label above will show if trading is within/above/below the ORB.
NOTE: The VWAP date must be changed daily to be accurate.
Other labels are self-explanatory, or you can ask questions related to the chart.
This is the link for a dual chart: http://tos.mx/!qGnoz9il
The Chart visual is:
![igPpFxF.jpeg](/proxy.php?image=https%3A%2F%2Fi.imgur.com%2FigPpFxF.jpeg&hash=5917d90d7f9ae5a52ea60e29c7148e98)
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