I applied my new Strategy TD Lines to a lot of different Assets. It was implemented with Cryptocurrencies and Automation in Mind, but I found out that there are very reliable Signals being generated on longer Timeframes for all kind of Assets.
In this Example I had exceptionally good results with the S&P E-mini Futures on a 4 Hour Timeframe.
There is a basic Trading-Strategy that uses Divergences to find Trend-Reversals. E.g. if Price is rising while Momentum is falling, we encounter a bearish Divergence of Price vs. Momentum. To add something to the Analysis that confirms the bearish Signal, it is a popular Choice to wait for a Trendline-Break.
Although you can do this "by Hand", I will show you how to use some of my Studies to find profitable Trades.
The Studies I will be using are:
The Chart I am using for this Example is EURUSD on a 2H Timeframe - and as always: I'm using TradingView.