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Ideas for trading with TCNovelChannel and TCTrendingTSF

Ideas for trading support and resistance using TCNovelChannel and TCTrendingTSF.

 

TradingCoders has some nifty indicators called TCNovelChannel and TCTrendingTSF, which are free downloads from www.tradingcoders.com. Here are some ideas about how you might use them in combination for trading.

As you become familiar with an indicator, you will see new opportunities and setups. Screentime and some backtesting are your best allies for developing new trading ideas. This article can get you started. This is not a trading instruction manual, nor specific investment advice. This is intended to help you kickstart your own style of trading, and to illustrate some examples which you may be able to adapt to other indicators as well.

Trade support resistance dynamic trend

 

double bottom top divergence entry

 

scalp reversal candle trend

 

double bottom top scalp moving average

 

limit order support resistance with trend

 

Remember, do your own development, create your own style. These are examples of trade setups you might find by spending time with indicators.

All the best with your trading endeavours.

The TradingCoders team. 

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