SuperNova Silver Algorithm Update Tuesday June 5, 2018 $SLV, $USLV, $DSLV. Charting Model Observations
My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed.
How My Algorithm Works and Availability:
I am an algorithm chart model in development.
Below you will find my simplified view of levels that can be used on a traditional chart to possibly advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on (rooted in technical set-up).
My algorithmic charting will eventually transition to developer coding phase for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm (HFT). Please review my algorithm development process.
Below you will find simple Generation I Level chart modeling with a goal toward generation 5 modeling as with EPIC the Oil Algorithm model (for example).
Silver Trading Observations.
Silver Buy Sell Triggers (wide range swing trading):
18.51
17.74
16.96
16.17
15.40
SILVER. Daily chart range bound trade continues. Limited guidance available. $SLV, $USLV, $DSLV #Algorithm #Chart
Per recent;
Silver range bound last month. Limited guidance available here. SuperNova $SILVER Algorithm Chart Model $SLV, $USLV, $DSLV
Per recent;
Targets charted in play in to next time cycle. SuperNova $SILVER Algorithm Chart Model $SLV, $USLV, $DSLV
Per recent;
Per last report 16.95 as May 7 most probable PT. SuperNova $SILVER Algo Chart Model $SLV, $USLV, $DSLV
Silver 2 Hour Chart Model (daytrading)
Markets are so machine controlled now 14 of 19 of these symmetrical targets in time cycles in Silver model have hit perfect. Five that missed barely did, trade was easily a win for 19 in 19. $SLV $USLV $DSLV #Silver #Chart #Symmetry #Algorithms #MachineTrading #Commodities
Per recent;
Silver 120 min daytrading chart range bound. May 24 1014 PM SuperNova $SILVER Algorithm Chart Model $SLV, $USLV, $DSLV
Per recent;
Silver did not hit target this time – bought above. Bullish bias. SuperNova $SILVER Algorithm Chart Model $SLV, $USLV, $DSLV
Silver Conventional Charting
Per below the structure continues, refer to previous link below;
Wedge in play with price under 200 MA with decision pending on Silver Weekly Chart. #Silver $SLV $USLV $DSLV
Per recent;
Doesn’t really matter how you draw the lines – there’s a decision coming on Silver Weekly Chart. #Silver $SLV $USLV $DSLV
Also, take note of 200 MA on weekly chart just above current trade.
https://www.tradingview.com/chart/SILVER/Q2Nj70JG-There-s-a-decision-coming-on-Silver-Chart-notes/
Per recent;
April 30 – SILVER conventional chart compression to end of triangle.
Recent Algorithm Price Target Hits
June 5 – I will update target hits soon.
May 24 – I will update target hits soon.
May 14 – I will update target hits soon.
April 19 – Since the posts below the models have been hitting targets regularly. Looks like we have the models dialed in.
Silver Mar 2 300 PM target hit – not perfect but a hit. Provided on weekend prior report. SuperNova $SILVER Algo Chart Model $SLV, $USLV, $DSLV
Silver Mar 9 300 AM target hit – not perfect but it hit. Provided on weekend prior report. SuperNova $SILVER Algo Chart Model $SLV, $USLV, $DSLV
Good luck with your trades and look forward to seeing you in the room!
SuperNova Silver Algo
Article Topics: SuperNova, Silver, Chart, Algorithm, $SILVER, $SLV, $USLV, $DSLV