Author: Andreas

Indicators Needed

EMA x 3 or use delorean

Use EMA 20 50 100

Cipher A

Green Dot

The Green Dot on Market Cipher A is a bullish indicator and is most reliable on a 6-hour time period and higher. This indicator normally follows a Blue Triangle and should be interpreted over a range of 1 – 3 candles. Normally a breakout is probable when the next 1 – 3 candles print a Yellow Diamond. If the next 1 – 3 candles print a Red Diamond the breakout is less likely.

Yellow and Red Diamonds

Yellow and Red Diamonds are trend strength indicators. Yellow indicates bullish continuation while the red indicates a trend may be weakening. These indicators should be used together with the EMA ribbons giving a further indication to trend direction.
Consideration should be given to the color and band separation of the ribbons.

Red X

The Red X is a Bearish indicator. This indicator is used together with the EMA Ribbons and the Red Diamond indicator. The most effective usage of the Red X is when it follows the printing of a Red Diamond and the EMA Ribbons are nearly fully constricted changing to the bearish gray color. The accuracy of this indicator varies with time period.

Yellow X

The Yellow X is a bearish indicator and is intended to indicate high volume long covering that is rapidly bought up and sold short. This market condition also presents a possible opportunity for whale traders to exaggerate the condition by manipulating the rate of buyback indicating a possible bottom or reversal to breakout traders. This in turn supplies local liquidity then the whales reverse position forcing the market lower. The Yellow X is most reliable on 1 hour and above time periods.

Blue Triangle

The Blue Triangle is a trend reversal indicator that indicates a possible reversal of the previous trend. This indicator is intended as an early warning that the trend momentum is decreasing, and a reversal is near. The Blue Triangle should be used together with the other indicators of Market Cipher A to provide further confirmation.

Blood Diamond

The Blood Diamond is a Bearish indicator. This indicator is used together with the EMA Ribbons and the Yellow and Red Diamond indications. The most effective usage of the Blood Diamond is when it follows the printing of a Yellow Diamond and the current candle is printing a Red X and Blood Diamond stacked. Additional confirmation can be obtained from the EMA ribbons if they are constricting trending down. The accuracy of this indicator is greater on the 1 hour and above time period.

Green Dot

The Green Dot on Market Cipher A is a bullish indicator and is most reliable on a 6-hour time period and higher. This indicator normally follows a Blue Triangle and should be interpreted over a range of 1 – 3 candles. Normally a breakout is probable when the next 1 – 3 candles print a Yellow Diamond. If the next 1 – 3 candles print a Red Diamond the breakout is less likely.

EMA Ribbon

The EMA Ribbon indicator is a group of exponential moving averages of different lengths. They are used to determine the strength of a trend by looking at the distance between the moving averages. They can be used to identify key areas of support or
resistance by looking at the price in relation to the ribbon. The ribbons can also be used to signal potential trend changes when the price moves through the ribbons or the ribbons cross each other. When the ribbons are blue and white the trend is bullish. When gray the trend is bearish.

Cipher B

Money Flow Wave (Green/Red)

The Money Flow Wave is a momentum indicator and its intent is to display the market condition based on the flow of money into and out of the market. The wave range travels between 100 and -100. Green indicates money flowing in and red indicates money flowing out. The Money Flow Wave can also be used to confirm other indicators that are built into Market Cipher B. Positive results have been found on all time periods.

Momentum Wave (Blue)

The Momentum Waves are used to measure and visually display the strength and direction of an asset. Market Cipher B breaks momentum down into two waves. The light blue wave is intended to display momentum as a leading wave and the blue wave displays momentum as a lagging wave. ay overlaying the two, this helps to show when an assets strength is increasing (oversold) or when its nearing exhaustion (overbought). Momentum Waves can also be used to easily spot divergent price action.

VWAP Momentum Wave (Yellow)

The VWAP Momentum Wave is not the same as the traditional VWAP (volume weighted average price) indicator as used in Market Cipher SR. This indicator is intended to simulate some aspects of the traditional VWAP but is based on momentum. This indicator should be used in conjunction and confirmed with other Market Cipher B indicators. Success has been found longing when the wave crosses over zero and shorting when the wave crosses under zero. This is the opposite of the tradition VWAP whereas a rule you only short above VWAP and long when below.

http://online.fliphtml5.com/rgpmd/zgkf/

Now that you got Tradingview configured, now lets go over some basic functionality.

Moving the chart

With your mouse, you can left-click and hold and drag the chart left or right. This way, you can see in the past what happened already. Great way to see what your indicators are telling you.

Use your mouse scroll wheel with zoom in and out of the charts. Scroll up to zoom in to get detailed in and zoom out to see more history on chart. Good way to see what the trend is.

If you ever get lost, or did something that really messed up your chart, you can right-click anywhere in the chart, and a popup will come up. Click on the first option, Reset chart. This will take you to a default view.

Along the top you will see options. The first one beside the pair you are trading will be the timeframe. Click on it and you will see its divided into time frames. Seconds, minutes, hours, days.

You will not have access to seconds, unless you upgrade your plan. I suggest your stay in minutes and hours for your normal trading. Days are good to see a larger perspective of the market. As time gones on you will get a better understanding of the timeframes and how and when to use them.

Beside that is your candle type. Most popular are Candles and Heiken Ashi. Both are good to use, I prefer Heiken Ashi as it gives you an idea of the trend.

On the right section, the top icon, a box with lines on it is your watch list. A section to bookmark your favorite trading pairs. Click on the plus sign and a popup will appear. Here you can add your favorite pairs. Some suggestions are BTCUSDT, then click on the blue plus sign on the very right to add it. Let’s add another pair, type in ETHUSDT and then click on the blue plus sign. You can keep doing that until you have added all the pairs you want to trade in. Now you can quickly change between pairs without manually searching for them.

This is a basic intro to Tradingview. Feel free to look around and see what things do. If you ever mess something up, you can always reset the chart. And don;t worry, you can not make any trades from here as nothing is configure yet.

Let’s go add some free indicators to the charts to get an idea what is going

Before you start, you need an account to plan and apply your strategies. My opinion, the best place for that is TradingView.

Once you have your account created, you will need to customize it. The default look is not good for trading. So at the top where is has the search bar, enter in BTCUSDT. There you will see a popup of all the exchanges offering that pair. That pair BTCUSDT, means the fund account is in US dollars, and you are buying and selling Bitcoin using US dollars.

In that popup the first option will probably be Binance as its the largest exchange. When you move your mouse over it, you will see a blue button “LAUNCH CHART”. Click on that. This will take you to the chart.

The default chart Tradingview uses is Area. It is a blueish-purple and looks like a mountain range.

Setting up Tradingview

Now these settings and layouts I suggest are just that, a suggestion. You don’t need to set it up this way, but you will see 99% of traders use this layout or something similar.

Changing the chart candles.

At the top left hand corner you will 3 lines
To the right of that will be the current pair you are looking at BTCUSDT
Next is the time frame. It may be 1m 5m 15m 30m etc
Nex is the candle layout It will most likely be on Area. Click on it and move your mouse down o Heikin Ashi and click it. This will give you candles now. A different and accurate look.

Changing background dark mode.

Right click anywhere on the chart and you will get a pop up. Close to the bottom, you will see Color Theme. Move your mouse over that and select Dark. This will give you a dark page now, which is much easier to look at.

Settings

RIght click anywhere on the chart and you will get a pop up. At the bottom you will see Settings. Click on settings. Then you will see 6 sections on the left starting with Symbol. Click on that

Symbol

• check on Show real prices on price scale.
• Timezone – select your desired timezone you are in

Status Line

• uncheck OHLC Values
• uncheck Bar Change Values
• uncheck show buy/sell buttons
• uncheck indicator arguments
• uncheck indicator values

Scales

• check off High and low price labels

Trading

• uncheck Show Buy/Sell Buttons

Template

At the bottom left you will see Template. Click on that, and click on Save as. Give this template a name ex: trading, click Save, then click OK.

Your tradingview is not setup and ready to be used. Now check out Tradingview Basics.

Hello and welcome. So, you want to learn how to trade. To be honest, I have no idea if you can find the right website. But I will do my best to show you every thing I have learned that I believe to be of value.

Also, anything I write here is my opinion. This is not financial advice. I can not and will not be held responsible for any of your actions.

What is Trading?

Trading is basically buying and selling goods on markets.

Why do people trade?

To make money or accumulate more assets they wish to hold

How can you make money in trading?

There are numerous ways to make money in trading. The most basic way is buying and selling for a profit. (The classic buy low sell high). There are other ways to make money as well. I will stick to this for right now, as this is what I am doing.

What should I do first?

Do not make any live trades. Learn a strategy that works for you and then apply it. This is called paper trading. Most people get in, bet it all something and walk away empty-handed, never to trade again. Trading is not gambling. There is a big difference. It’s the same as “My friend has a good stock or crypto to buy, should I buy it?” If you have to ask yourself that question, then that is an automatic NO.

What is Paper Trading?

Paper trading is making trades with a demo account, or even keeping track of it in a spreadsheet.

Why Paper Trade?

Paper trading will help you sharpen your skills in trading. When to enter and when to exit. Why did you enter that trade? What did you see that told you,”Yes this is a good time to get in”? When you record all your trade information, it will become your diary. Then you can go back and see what worked and what didn’t. Learn why it worked and why it didn’t and make adjustments from there. This also helps to take the emotion out of trading. When you enter a trade blindly, you will get very scared. Fear of losing your money. Paper trade until you are not second guessing yourself and have no emotion attached to it.

When I am ready should I borrow money to trade?

NO. During the time you are paper trading, start saving up. The more capital you have, the more you can make per trade. Put aside some money you are willing to lose. That helps to take the emotion out of things as well.

How much do I need to start with trading?

You can start as little as $100. Now with little capital equals little gains. I suggest to start with $500 or even $1000. If you have more then great.

OK Im ready to start learning. What do I do first?

I suggest you create an account on TradingView. Scroll down a bit and create a free basic account first. Once that is done, then go to How to use Trading View on how to set it up.

Thanks for visiting here. Now, to be 100% honest. I am not a professional trader by any means. It is something I have been interested in for a long time, and jumped into it seriously back in January 2021. I had looked at charts on Trading view before, but I really did not have any idea what I was doing or looking at. I wanted to learn but did not know where to start.

So, naturally, like most people, you go to YouTube. But there are a lot of videos on how to trade. Where do you start? Who do you trust? Everyone is selling a course, indicators, and Patreon.

Some are good, and some are not. How do I know? I bought a few..

Also, with trading, there are so many styles of trading. What to trade, how to trade. It’s quite the world you are entering.

I, myself, like to trend trade. This is the easiest form of trading. The typical buy low sell high idea. Quick tip, never chase the buttons or tops. I don’t do that. Been there, done that. Sadly, I paid for it. I just focus on the current trends. You never catch the top or bottom, but you get in between.

When the market is trending up, I like to buy or long, and when it is going down, you can sell or short. (Currently, I just do longs)

There are many indicators out there that can assist you with this style of trading and any other style of trading. There is no one only way to trade. It’s whatever is most suitable for you. Time you have, assets you want to trade.

I primarily trade cryptos. I do trade stocks sometimes. Forex is something I am looking to get into as well.

I have no plans on selling any courses to you here. I don’t believe that would be fair as I am not a professional at all. I just want to show new people how I trade.

What I will do is have affiliate links to any services I use. And I will state when they are affiliate links. That is the only way I would make any from you is if you choose to use those links.

I will not sell or promote anything I do not use.

So what is the purpose of this website then if I do not plan to monetize it completely? Well, to have an online place for my own knowledge, and a place I can send people who are interested in trading. They can save a lot of the time I spent and skip the headaches I faced.

As stated earlier, the only way I will make anything is if you choose to use my affiliate link for any of the products I share.