HODL Strategy Idea MidLong Term

Overview:

The "HODL Strategy Idea MidLong Term" indicator is designed for traders focusing on long and short signals with fewer trades and higher reliability. It works best on higher timeframes, such as the 2-hour chart, to capture significant market trends while reducing noise and avoiding overtrading.

Key Features:

1. Long and Short Signals:
   • Long Signal: Indicates a strong bullish trend and potential buy opportunities.
   • Short Signal: Indicates a strong bearish trend and potential sell opportunities.
2. Trend-Based Approach:
   • The indicator uses moving averages and a trailing stop to confirm the overall trend before triggering a signal.
3. Momentum Filtering:
   • Signals are filtered using momentum (RSI) to ensure they align with the market's strength.

How It Works:

• Long Signal:

  Triggered when:

  • The price trends above key moving averages.
  • The price breaks above the trailing stop.
  • Momentum confirms a bullish trend.

• Short Signal:

  Triggered when:

  • The price trends below key moving averages.
  • The price breaks below the trailing stop.
  • Momentum confirms a bearish trend.

Recommended Use:

• Ideal for 2-hour charts or higher timeframes for better accuracy.
• Suited for traders looking to avoid frequent signals and focus on reliable long-term trends.

Disclaimer:

• Risk Warning: Trading involves significant risk, and this indicator should not be considered financial advice. Always use proper risk management and consult with a financial advisor if necessary.