Author

Topic: 🔥 PALindicator - find coins before they breakout 🔥 (Read 214 times)

sr. member
Activity: 453
Merit: 264
Works good on LTF. Just check first  the 4-1H time frame and then go down to the 15min..
Easy to use

thx for the great indicator.
jr. member
Activity: 42
Merit: 27
Hey mate. Thank your for the reply. Yes it’s an mistake. Sorry. A close under yellow line is correct.
In the pictures above your post, you see some examples in 15min timeframe. It’s working fine I think but always look at higher timeframe for the trend.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Interesting. I love trying out new tools, would love to check out this indicator. But I am a person who prefer shorter time frames like 15 or 30 mins for my trades. I do hope it effective on 15 minutes (not particularly 100% record by a workable win rate)

- if your crypto pair, forex pair, stock or any other instrument close above the blue line, its an buy opportunity
- if your crypto pair, forex pair, stock or any other instrument close above the yellow line, its an sell opportunity
A little confusing. Is this a mistake?
jr. member
Activity: 42
Merit: 27
here are some more examples how this indicator works
a close under red line may be a short/sell trade opportunity
ETH/USDT 15min timeframe



BTC/USDT 15min timeframe



you can send me a message for a 7 day free trial
jr. member
Activity: 42
Merit: 27
I have been using the indicator for 2 days now and I am already very satisfied.  This is exactly what I have been looking for a long time! I am not the biggest trading expert and these indicators help me to identify opportunities in a simple way. Good job . I will write an update here as soon as i have completed new positive trades.

For example: Look at this picture,

I am now waiting for breakout on this yellow line. This would be a wonderful W- Breakout at daily chart

Hey, thank your for your feedback.
In generally we recommend to look for buys if you see your instrument closing above the blue line. This should be a sign of bullish continuing.
Whenever you have questions, feel free to ask.
newbie
Activity: 1
Merit: 0
I have been using the indicator for 2 days now and I am already very satisfied.  This is exactly what I have been looking for a long time! I am not the biggest trading expert and these indicators help me to identify opportunities in a simple way. Good job . I will write an update here as soon as i have completed new positive trades.

For example: Look at this picture,
https://i.imgur.com/ocEa9zT.png
I am now waiting for breakout on this yellow line. This would be a wonderful W- Breakout at daily chart
jr. member
Activity: 42
Merit: 27
here is an perfect example for an successful trade for LUNA/USDT



you can have access to our indicator and jump into a trade before the breakout comes.
jr. member
Activity: 42
Merit: 27
This is the PALindicator, PAL stands for Price Action Lines

----------

What is this indicator showing?

- there are 4 lines to work with
  - red and yellow lines represents bearish levels
  - blue and green lines represents bullish levels
- you can understand this indicator as dynamic support & resistance lines
- it will show you easy to read support & resistance breakouts
- it's something between Pivot Points and Fibonacci Retracement



----------

How does this indicator work?

- as mentioned before, there are 4 lines, on my opinion the blue and the green lines show you a continuation of a bullish trend
- the yellow and the red lines show you a continuation of a bearish trend
- if your crypto pair, forex pair, stock or any other instrument close above the blue line, its an buy opportunity
- if your crypto pair, forex pair, stock or any other instrument close under the yellow/red line, its an sell opportunity



----------

Which timeframe you recommend?

- we recommend to use this indicator for daily timeframe
- we also recommend to use this indicator for weekly and monthly timeframe
- in the indicator settings you can change the indicator timeframe from 250 (daily chart) to 52 (weekly chart) and 12 (monthly chart)
- after changing the indicator timeframe you have to change the chart timeframe to daily, weekly or monthly
- it's also possible to use this indicator intraday, but we don't recommend to use it with instruments which you can't trade (24/5 24/7)

----------

Pricing

- the price is $29.99 per month to get access to this indicator
- free trial is available, send me a message
- you need an free tradingview account, that's all

----------

Contact
- if you have questions, feel free to ask here
- you can send me a message here
- for more information, pls follow me at twitter: www.twitter.com/PALindicator
- you can contact me also on tradingview: https://www.tradingview.com/script/9nftf06j-PAL-indicator-Price-Action-Lines/
Jump to: