Silver Trading Chart Update Jan 24 $SLV ($USLV, $DSLV) Chart and Algorithm Observations
January 24, 2017 SuperNova Silver Algo Charting Trading Report.
My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed. IMPORTANT: Be sure to review my previous posts on this blog (and my Twitter feed) as these posts are a micro part of the whole picture required to use my work for a trading edge.
How My Algorithm Works and Availability:
I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Silver.
Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.
My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process on our website.
Today’s Report:
Today we are only covering (presenting to you) some basic indicators for consideration as there is a decision lining up in Silver. When the decision is made toward ascending or descending direction of trade I will publish the algorithmic modeling including trading quadrants, time / price cycles, trade price targets and more.
A Quick Review:
The most recent turn from the bottom, I called – many weeks in advance. And now? I see a major imminent test to this uptrend.
SILVER. Well here we go🔥 Target Hit! @SuperNovaAlgo called 15.80 – 16.25 price target months ago! $SLV $SI_V $USLV $DSLV Algos on fire! pic.twitter.com/qQyynuchnS
— Melonopoly (@curtmelonopoly) December 15, 2016
Silver Trading Observations:
At time of writing Silver is trading at 17.11. Some thoughts that may help advance you trading edge;
The Relationship Between the 20 MA and the Price of Silver
MACD, Chart Bot, 20 MA. $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV
https://twitter.com/CompoundTrading/status/810690217866883072
July 20 2016 100 MA loss on 4 Hour Chart $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV
Simple Symmetry with an Anomaly – Election? $SILVER intra-day algo chart worksheet 649 AM Jan 24 $SLV $USLV $DSLV
Simple Fibonacci, Symmetry and Anomaly – Election? $SILVER intra-day algo chart worksheet 700 AM Jan 24 $SLV $USLV $DSLV
Indicators:
As I explained above, my Silver algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).
Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.
Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes
We won’t be publishing alpha algo targets and algo trend-lines for my algo and the four others that have not yet until our trading room is private to subscribers only on Dec 1, 2016. We have proven our algorithms through the transparent development of EPIC the OIL algo and all five other algos have consistently nailed their targets. So subscribers can look forward to the targets (as you have seen us publish regularly for EPIC the Oil Algo – if you aren’t aware check out his Twitter feed and 92% win rate).
Good luck with your trades and look forward to seeing you in the room!
SuperNova Silver Algo
Article Topics: SuperNova Silver Algo, Commodities, Stocks, Wallstreet, Trading, Chatroom, Silver, Chart, Fibonacci, Indicators, Algorithms, $SILVER, $SLV, $USLV, $DSLV