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/biz/ - Business & Finance

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9284078 No.9284078 [Reply] [Original]

>/biz/ says ta is a meme and doesn't work
>yet RSI, MACD and BB work wonderfully for literally every single coin

>> No.9284099

>>9284078
I feel like I'm using cheat codes using the super guppy on bitcoin.

>> No.9284125

>average /biz/tard
>knowing shit about anything

Pick one.

>> No.9284126
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9284126

>>9284099
Super guppy + stoch RSI

Starting from small time scales and working back.

>> No.9284156

>>9284078
Those 3 are nothing but self fulfilling prophecies.

>> No.9284184

>>9284156
So what?

>> No.9284201

MoM where it at

>> No.9284241

>>9284099
>>9284126

https://www.tradingview.com/script/ViEwbRCA-CM-Super-Guppy/

This one? Can you give me a quick rundown on how to use it?

>> No.9284309
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9284309

>>9284241
Yah that's its.

Basically it uses 23 moving averages to split two groups - traders and investors. The top half are traders or people who bought in recently, the bottom half are holders. The best use for it is to find when it is turning grey as that means traders and investors are converging and you can expect volatility. You can do this on any time frame and it isn't lagging. So right now it's turning grey on the 1hr time scale right above the 1 hour MA line after a big dump so I'm betting we go up. I switch to smaller time scale to find a previous MA it respected and I'll use that for when I will sell. Ill post a couple more pics.

>> No.9284346

>>9284078
they always work in retrospect

>> No.9284382

>>9284346
Kek
>it backtest 100%!

>> No.9284389
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9284389

>>9284309
I'll be looking to sell at this line. Considering the fud, it might not make it.

Whats cool is on the uptrend pumps you can watch the 1min - 10min charts and can spot potential bottoms easily just by finding the time frame that's turning grey.

>> No.9284407
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9284407

>>9284309
So looking closer at the 1hr you'll see the top part flipped.. Basically, people who bought the top are panic selling while the long term holders are holding. If they start selling we'll see a very large dump.

>> No.9284429

>>9284309
>>9284389
>>9284407
this is nice, I didnt know TA was this sophisticated

>> No.9284455

>>9284429
The ichimoku cloud

>> No.9284498
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9284498

>>9284455

>> No.9284526

>>9284407
Thanks, Anon.

>> No.9284529
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9284529

I use RSI for the daily chart and Stoch RSI for the hourly chart, and it seems pretty god damn foolproof. Am I a genius or am I just retarded and lucky? Been using this strat for about 3 weeks, combine one of the two with the 50MA and 200MA and everything is so much more predictable. Fuck all that constellation bullshit like head and shoulders btw that's all bullshit memery

>> No.9284653

>>9284529
All those patterns like H&S come from stocks and usually play out over months if not years.

>> No.9284700

>>9284346
This. Ta brainlets cant understand fallacies

>> No.9284749

>>9284700

Yep, and you know what the best part is? They're going to keep working out in retrospect!

>> No.9284801

>>9284078

Yesterday someone said cup and handle doesn't work for crypto. Must have missed out on every XVG moon ever.