🍀Overview
- The strategy has identified a qualifying setup, triggered an alert, and placed a long bracket order according to predefined rules.
- 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.
🍀Process
Ticker:
LRCX Date: 06/11/2026
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 Signals crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5
- Confirmation signal: NATR Oscillator reached 88.38, exceeding the required threshold of 80. This contributed a score of 0.5
Signal Scoring
- Main signal score = 0.5
- Confirmation signal score = 0.5
- 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: 200.44 (the close of the setup candle)
- Stop distance: 64.44 (approximately 4x daily ATR)
- Target distance: 257.78 (approximately 16x daily ATR)
Order Management: Bracket order
- Limit entry: 200.44
- Market stop: 134.00
- Limit target: 458.22
Baseline
- Assume the worst has already happened: the stop loss has been reached. Everything else is upside.
🍀Outcome
Trade Execution
- 06/11/2026: The daily candle closed, triggering the strategy to place a long bracket order.
Trade Status
- Trading: pending
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!🍀
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.