HOW-TO: Wolfe Strategy [Trendoscope] Ausbildung

Ethereum / TetherUSBinance

Beschreibung

⋅ 28. Dez. 2022 14:00

Just made this short video to explain the concepts of Wolfe Strategy which I recently published.

Wolfe wave is popular concept among option traders. However, I have made some tweaks in this strategy to standard wolfe pattern trade rules.

Entry price based on breakout
No moving target - using flat target.
Entry is done based on risk reward
Not time bound
Intelligently decides whether to place stop order or limit order

Few possible future improvements

Make bidirectional trades possible
Better filters to chose long and short trades or when to trade
Lot can be improved on Wolfe scanner to identify more patterns
Exit strategy - can introduce optional trailing

Thanks for listening. Hope you enjoyed and learnt something from this :)

Kommentare

SwallowPremium

⋅ 29. Dez. 2022 15:20

Great content! Thank you so much!

Trendoscope

⋅ 29. Dez. 2022 15:31

@SwallowPremium thanks 👍

A_Traders_Edge

⋅ 1. Jun. 2023 06:41

Traders in general seem to never really be audio fanatics and thus tending to use their computer's mics assuming this is an effective source to be able to speak softly into. This is by all means not the case. I can imagine everything that is in that head of yours that you have learned about the markets through research to build code. If only TV would include closed caption abilities!!! @TradingView

InvestMate

⋅ 29. Dez. 2022 16:45

As for me, looking ahead to the coming weeks, I expect a new upward wave to begin.

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