In a volatile market that whipsaw or range trade, using BreakOut strategy is a good technique to filter out the volatility. This technique involves identifying a range trading market and then drawing the breakout lines. These would be the High and Low of the Resistance and Support lines which are typical fractal lines.
In a volatile market that whipsaw or range trade, using BreakOut strategy is a good technique to filter out the volatility. Typical High and Low of the Resistance and Support lines are the fractal lines.
The TiTTs chart is displayed below. For Bullish market condition for trading the Russell 2000 index futures (/RTY), […]
The TiTTs (Kumbaya) trading system had 2 signals. In a Bullish market, there was a pullback which gave the Sell Short signal. After 4 candles, it had reversed upwards. This is a trade which would have resulted in a small loss.
Subsequent to that, it reversed upwards and gave the Buy Long signals. […]
The TiTTs trading system is now renamed as the TiTTs-Kumbaya trading system. This is done as the big moves always happened when the moving averages converged before the big moves.
The TiTTs-Kumbaya chart is displayed below. For Bullish market condition for trading the Russell 2000 index futures (/RTY), the Rules are set out […]
This is the TiTTs trading system in action. Here we have 4 charts but 2 of the charts are the same i.e. the $ADD chart. The $ADD chart is the Advancer-Decliner chart and shows the difference between stocks that are gainer subtract those that are losing on the NYSE. It gives a good indication […]
TiTTs trading system is designed around moving averages, multiple timeframes, ATR Trailing StopLoss and Volatility indicators. We continue to develop our Artificial Intelligence (AI) system and foresee a day where it develops into a self-learning and self-training AI.
The TiTTs chart is displayed below. For Bullish market condition for trading the Russell 2000 […]
During the cash hours when the US market opens at 9:30 am ET, it takes about 5 minutes before meaningful data appears on the ThinkorSwim chart. Here, we are using the $TICK and $ADD market internals to give us advance warning as to where the market is heading in the 1-minute charts.
ATR Trailing StopLoss in multi-timeframe are natural Support and Resistance zones. In the chart below, one can see that the overall market is Bearish and when the Bulls tried to take the /RTY through the ATR Trailing StopLoss in the 3 min and 10 min charts, it was rejected. The Bears took it down […]
With the Trend-In-Trend Trading System (TiTTs), we use the $Tick and $ADD for information on the market internals as they are leading indicators. These two charts are only available during market hours.
In the chart above, $ADD started to signal bearishness even as the /RTY were still hesitating. The $Tick chart confirmed the trend […]
This is Trend-In-Trend Trading System (TiTTs) for Entering a trade and also for Exiting a trade. The intent is to look for high probability trades with highest chances of success and the minimum probability of losses.
When trading in a volatile market, the Fibonacci moving average lines such as the 21 EMA and the […]