Real Traders will understand what i mean by “excellent risk/reward” and this is what iCOT is all about. I'm using iCOT intraday indicator since January to pinpoint major reversals in markets. recently I subscribed to iCOT indicator where they introduce it as the approximate intraday COT chart. As per the iCOT description : it is an intraday technical indicator trying to simulate and approximate COT reports. I got amazed by how accurate to pinpoint major reversal points. iCOT measure extremes of commercial/speculators on intraday timeframes. For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. you can google cotbase iCOT INTRADAY INDICATOR. here is a trade today $APOP
Another iCOT look on $PRQR iCOT measure extremes of commercial/speculators on intraday timeframes. For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. you can google cotbase iCOT INTRADAY INDICATOR.
$immp : reversal on spot ! iCOT measure extremes of commercial/speculators on intraday timeframes. For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. you can google cotbase iCOT INTRADAY INDICATOR. https://cotbase.com/features/icot
Yes of course iCOT COTBase is not the holy grail ! nothing out there ! real traders will understand what i mean by “excellent risk/reward” and this is what iCOT is all about. Am just a subscriber with them : Am subscriber with their COTbase since 2016 and this new iCOT take it to the next level for intraday charts. iCOT differ as it tries to measure the extreme sentiment and commercial/speculators positioning of the market on intraday charts. Please have a look at this photo For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator.
here we start Friday with today's tickers in play $NEXT - green/red strips are the most extremest sentiment. Real traders will understand what i mean by “excellent risk/reward” and this is what iCOT is all about. Here is the iCOT indicator for tradingview https://www.tradingview.com/script/eZj6n33K-COTBase-iCOT-Signals/ https://cotbase.com/features/icot
One more possible trade on $CAN using iCOT indicator For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. https://cotbase.com/features/icot
Look at these trades on $HD and $LOW : iCOT helps to get excellent risk/reward trades. green/red strips are the most extremist sentiment.
a follow up for $NEXT ticker trade today. For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. https://cotbase.com/features/icot
$VIPS trade that iCOT cotbase could help you to manage in a real risk/reawrd ! Yes it is not the holy grail but for sure it help you to make it a winning streak of trades. For better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. https://cotbase.com/features/icot
I will post in next posts charts for the most mentioned tickers on #WallStreetBets $VIAC with iCOT-COTBase signals
a look at WTI Oil chart today. iCOT gave a green strip where extreme divergence happened between commercial / speculators. Energy stocks followed up.
SPY chart : iCOT will let you join the flow at the extremist levels. it will give you the most risk/reward advantage.
iCOT indicator created by reverse engineering COT data. it is short term COT tool where extremes commercial/speculators divergence means short term trades. Please watch their youtube videos this week.
The strongest signals are the green and red vertical stripes (green = buy signals, red = sell signals). Blue bars and the little yellow diamonds above and below the price are also sell/buy signals, but not as strong as the stripes. In special occasions, when consecutive stripe signals are observed, the escalation of the current trend is likely. Buy/sell signals are confirmed once the signal bar's low (in case of sell signal) or high (in case of buy signal) is broken. iCOT REVERSE-ENGINEERED COT DATA AND CREATED iCOT INTRADAY INDICATOR! You can use the iCOT indicator on any chart type (eg. candlesticks, bar charts, renko, range bars, etc.) and time-frames (eg. 1-min, 5-min, 1-hr, 4-hr, etc.).
SOXL Trades with iCOT. not all signals will win but your experience with iCOT using will help you to build better understanding for winning risk/reward.
HOFV : one of most active tickers today. iCOT green/red strips provide buy/sell signals at extreme divergence between commercials/speculators.