TiTTs – Support and Resistance at 55 SMA

On the 1-minute chart, the 55 SMA is a very important line where it acts as both Support and Resistance. The idea is that in a Bear rally, it is good to Short Sell at the 55 SMA but once the 55 SMA has been crossed, it is a good idea to Buy Long at the 55 SMA.

TiTTs trading system with market internals 18 August 2022

In the chart above, each time the candle approaches the 55 SMA and the ATR Trailing StopLoss, it must be shorted until it stops working. Then, we Buy Long and go with the market flow.

Likewise, once it has crossed above the 55 SMA, each time it comes down to test the 55 SMA, it should be bought.

In the chart above, the 2 topmost dots represent the $Tick and $ADD Buy and Sell dots. Green/Cyan dots are the Buy dots and White dots are the Sell dots. The lower studies are the Toh_LongTide and the Toh_ShortRipple.

The LongTide shows the 8 EMA in relations to the 55 SMA. Effectively, it is the MACD using the 8 EMA and 55 SMA with 5 SMA as the signal line.