🍀Overview
- I am not a discretionary technical analyst, so I rely on predefined setups rather than subjective chart analysis. I built the rules into a strategy to make the decision-making process more systematic.
- This setup occurred before I developed the strategy. I am documenting it retrospectively and will continue to follow the trade until the strategy or I exit the position.
🍀Process
Ticker:
Date: 18/02/2026
Timeframe: Daily
Direction: Long
Strategy: Reversal Strategy
Strategy Overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe
Strategy Chart: Please refer to the 2nd screenshot
Signals
- Main signal: RSI crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5
- Confirmation signal: The NATR Oscillator reached 81.21, exceeding the required threshold of 80. This contributed a score of 0.5
Signal Scoring
- Long setup score = main signal score + confirmation signal score = 0.5 + 0.5 = 1.0
- Long score threshold: 1.0
- The long setup score met the required threshold. The strategy therefore placed a long bracket order.
Risk Management
- Reward-to-risk ratio: 4:1
- Entry: 173.38 (the close of the setup candle)
- Stop distance: 34.79 (approximately 4x daily ATR)
- Target distance: 139.17 (approximately 16x daily ATR)
Order Management: Bracket order
- Limit entry: 173.38
- Market stop: 138.59
- Limit target: 312.55
Baseline
- Assume the worst has already happened: the stop loss has been reached.
🍀Outcome
Trade Execution
- 18/02/2026: The daily candle closed, triggering the strategy to place a long bracket order.
- 20/02/2026: Price reached the trigger level, and the long entry filled.
Trade Status
- Trading: active
P.S. I’m currently applying this strategy to the Nasdaq-100. Let me know which stock you’d like me to look at next.
Stay lucky!🍀
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
