Silver Trading Chart Update Saturday March 10, 2018 $SLV ($USLV, $DSLV) Chart and Algorithm 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
Path of least resistance 16.96 March 16. Silver Generation I quads, price targets, buy sell triggers. 534 PM March 10 $SLV $DSLV $USLV #Silver
Alternative target to bearish side also shown with down slope arrow to mid quad.
Path of least resistance 16.96 March 16. Silver Generation I quads, price targets, buy sell triggers. 534 PM March 10 $SLV $DSLV $USLV #Silver
Per recent;
Path of least resistance 16.96 March 16. Silver Generation I quads, price targets, buy sell triggers. 1200 March 5 $SLV $DSLV $USLV #Silver
Path of least resistance 16.96 March 16. Silver Generation I quads, price targets, buy sell triggers. 1200 March 5 $SLV $DSLV $USLV #Silver
Per recent;
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 621 AM Feb 22 $SLV $DSLV $USLV #Silver
Real-time Silver Chart Link:
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 621 AM Feb 22 $SLV $DSLV $USLV #Silver
Per previous;
SuperNova $SILVER Algo Chart Model Daily Chart Tuesday Feb 13 2018 $SLV ($USLV, $DSLV)
Real-Time Silver Daily Chart Link:
Buy sell triggers are represented with green and grey arrows. Trading quadrant walls are also support and resistance decisions (blue dotted diagonal lines) as are horizontal Fibonacci horizontal lines (various colors).
The current short term trend is bullish so trade in direction of trend using the support and resistance decisions of the Fibs, Quad walls and paying attention to the upper apex, inverse apex and mid quad horizontal support / resistance line targets.
Key Silver Buy Sell Triggers (wide range swing trading):
18.51
17.74
16.97
16.18
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 1245 PM Feb 13 $SLV $DSLV $USLV #Silver
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 1245 PM Feb 13 $SLV $DSLV $USLV #Silver
Wider view of mids, upper, inverse apex quad price targets hitting. 101 PM Feb 13 $SLV $DSLV $USLV #Silver
Wider view of mids, upper, inverse apex quad price targets hitting. 101 PM Feb 13 $SLV $DSLV $USLV #Silver
SuperNova $SILVER Algo Chart Model Daily Chart Sun Jan 28 2016 PM $SLV ($USLV, $DSLV)
SuperNova $SILVER Algo Chart Model Daily Chart Sun Jan 28 2016 PM $SLV ($USLV, $DSLV)
Uptrend channel scenario if resistance MA and Fib horizontal line resistance gained. 110 PM Feb 13 $SLV $DSLV $USLV #Silver
Uptrend channel scenario if resistance MA and Fib horizontal line resistance gained. 110 PM Feb 13 $SLV $DSLV $USLV #Silver
Lower downtrend channel scenario if resistance MA and Fib horizontal line resistance points hold. 106 PM Feb 13 $SLV $DSLV $USLV #Silver
Lower downtrend channel scenario if resistance MA and Fib horizontal line resistance points hold. 106 PM Feb 13 $SLV $DSLV $USLV #Silver
Silver 2 Hour Chart Model (daytrading)
SuperNova $SILVER Algo Chart Model – Hitting mid quads – 2 Hour Chart for daytrading Silver Mar 10 541 PM $SLV, $USLV, $DSLV
SuperNova $SILVER Algo Chart Model – Hitting mid quads – 2 Hour Chart for daytrading Silver Mar 10 541 PM $SLV, $USLV, $DSLV
Per recent;
SuperNova $SILVER Algo Chart Model – Hitting mid quads – 2 Hour Chart for daytrading Silver Mar 4 1206 AM $SLV, $USLV, $DSLV
SuperNova $SILVER Algo Chart Model – Hitting mid quads – 2 Hour Chart for daytrading Silver Mar 4 1206 AM $SLV, $USLV, $DSLV
Per recent;
SuperNova $SILVER Algo Chart Model 2 Hour Chart for day-trading Silver Feb 22 628 AM $SLV, $USLV, $DSLV
The Quads used as trading support and resistance on this tighter time frame chart have been spot on.
SuperNova $SILVER Algo Chart Model 2 Hour Chart for daytrading Silver Feb 22 628 AM $SLV, $USLV, $DSLV
Per previous;
SuperNova $SILVER Algo Chart Model 2 Hour Chart for day trading Silver Feb 13 133PM PM $SLV, $USLV, $DSLV
Below is a 2 hour time-frame Silver chart that allows for precision trade entries and daytrading Silver as you deem.
Realtime Silver chart link:
SuperNova $SILVER Algo Chart Model 2 Hour Chart for daytrading Silver Feb 13 133PM PM $SLV, $USLV, $DSLV
Silver Conventional Charting
Silver MACD starting to rise but under 200 MA – Daily Chart. $SLV, $USLV, $DSLV
Silver MACD starting to rise but under 200 MA – Daily Chart. $SLV, $USLV, $DSLV
Per recent;
Silver Indecisive – MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Silver Indecisive – MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Per recent;
Silver MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
MACD on Silver is currently pinched and indecisive.
Real-time Silver MACD chart link: https://www.tradingview.com/chart/SILVER/8CnxRfMr-Silver-MACD-Daily-provides-consistent-trend-directional-trade-in/
Silver MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Per previous;
Silver MACD on Daily chart provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Real-time Silver chart link with MACD:
Silver MACD on Daily chart provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver
Recent Algorithm Price Target Hits
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 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
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: Silver, Chart, Algorithm, $SILVER, $SLV, $USLV, $DSLV