blackFLAG FTS - SwingArm Trend Indicator using ATRTrailing Stop and Fibonacci Retracements

[[deleted]13]

Yes. In the direction of higher timeframe clouds. A lower time frame swingarm cycling withing a higher one in the same direction. It is critical to understand the overall longer timeframe scenario. For example, price is within the Average Price Movement zone @BenTen , weekly - So, there is a chance for a turnover. But if swingarms are still bullish, there is energy to be used up until broken. Manage positions accordingly.

 

[kuvala]

Can someone post the latest shareable TOS link for this study/chart ? I am not getting the same results as shown here. Thanks

 

[Playstation]

i like your indicator, gives the start of the next trend.

 

[[deleted]13]

Can someone post the latest shareable TOS link for this study/chart ? I am not getting the same results as shown here. Thanks

There are several tools added to the chart as discussed at the beginning of this thread. Give a try and let me know.

• Projection Pivots (Mobius)
• Average Price Movement (@BenTen)
• Hull Average Turning Points (@mashume)
• IWO Turning Points (Steve Place)

 

[[deleted]13]

Thank you @Playstation

Updated chart. As soon as some of the detailed work is done, I will update the code and settings for all tools being used.

 

[Ramesh16]

Wow FJR1300, very nice, waiting for the post!

 

[mansor]

THANKS what settings for the hourly are you using for the Hull ?
That above code for the bubbles producers errors can you check and let me know what i need to change

Edit: i got it worked

@Trading51 How did you get bubbles to work? I copied and pasted those lines and it gave me an error as well. Please advise, thanks again

Edit: Got it, it had to be added to hull ma con turning pts. Thanks!

 

[Playstation]

i got confused over what mansor is asking for

 

[mansor]

i got confused over what mansor is asking for

sorry for confusing you @Playstation. No question on avg price mov script, it works as defined. I am just trying to understand how to use buy sell confirmation that you see in the picture on post #35 by @fjr1300. I don't see those bubbles when using hull ma con turning, I get bubbles showing buy support and sell resistance but not sell/buy confirmation.

@fjr1300 blagflag works in tandem with 4 other scripts like you suggested in in post #1. Clicking on iwo takes me back to hull ma turning pts. Waiting for your new version. Thanks both

 

[lrc11239]

Very good work, Question - what's the TEA indicator?

 

[[deleted]13]

Very good work, Question - what's the TEA indicator?

It is another available tool but I decided that it is not needed. The other tools do the job well.

 

[[deleted]13]

Today, I have been working at it make minor changes to the labels with the help of our members around the world. Thanks @Playstation

These are some of the updated images of charts:

#1 Understand Your Surroundings (Support and Resistance at higher timeframes) - DO NOT GET RUN OVER BY NOT PAYING ATTENTION AT A MAJOR TRAFFIC INTERSECTION.

#2 Day Trading Example. Allow extremes to develop. Then Use SwingArms and other tools provided in this forum to guide you along the way. You have three options. #1 Enter at support and hope that it holds. #2 Allow the 1 min swingarm to develop and provide confirmation to enter. #3 Wait for 5 min swingarm to develop and then enter when the 1 min cycles and provides entry confirmation in the same direction as the 5 minutes. It all depends on each individual account size, risk awareness, patience, etc. Not one size fits all. But the system works for any timeframe and account size. There are just minor adjustments to consider.

ONE MINUTE TRADE ENTRY - Illustration

When do you close the trade? that answer will vary by the trader. Some may choose to close when the 1-minute cycles, or the 2 minutes or the five minutes. It is up to the trader to make that decision. In my case, I would stay with the trade as long as the 5 minute is bullish. Or if reaching a higher timeframe swingarm level, I will decide then. Either scale-out or close all.

 

[[deleted]13]

ps. I better get off this computer before my wife kills me and say it was the virus....

 

[Dhjesus]

Hi There, what an amazing job. I was wondering how day you get the labels? I have looked around the setting but I haven't been able to find how to activate labels. e.g. "BUY Confirmed", "Buy at Support".. etc. Thank you.

 

[[deleted]13]

Hi There, what an amazing job. I was wondering how day you get the labels? I have looked around the setting but I haven't been able to find how to activate labels. e.g. "BUY Confirmed", "Buy at Support".. etc. Thank you.

Tomorrow we will have a zoom meeting and by then I should have a more organized way of sharing the information on labels, voice alerts and text alerts.

 

[cfw238]

Just to be clear to everyone, do i follow swing arm resistance first or hull moving average crossover as resistance as well? Also when it turn back up into red swing arm, iwo and hull ma is an indication that it will reverse back into the zone?

 

[TIGER202020]

ps. I better get off this computer before my wife kills me and say it was the virus....

what is the latest script? also, have you tested it for market meltdown period?

 

[lrc11239]

ps. I better get off this computer before my wife kills me and say it was the virus....

Lol. I’m sneaking a peak now before my wife gets all mad because all I do is look at charts!!!

 

[[deleted]13]

what is the latest script? also, have you tested it for market meltdown period?

it works in any market environment. it does not matter if it slowly trends or meltdown.

 

[Sean_C]

@fjr1300 Hello, hope all is well. Came across your system and website.. quite impressive. Thanks for sharing...