🍀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: 31/03/2026
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 82.12, 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: 572.13 (the close of the setup candle)
- Stop distance: 78.80 (approximately 4x daily ATR)
- Target distance: 315.21 (approximately 16x daily ATR)
Order Management: Bracket order
- Limit entry: 572.13
- Market stop: 493.33
- Limit target: 887.34
Baseline
- Assume the worst has already happened: the stop loss has been reached.
🍀Outcome
Trade Execution
- 31/03/2026: The daily candle closed, triggering the strategy to place a long bracket order.
- 02/04/2026: Price reached the trigger level, and the long entry filled.
Trade Status
- Trading: active
Stay lucky!🍀
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
