Tutorial 10
This tutorial covers the 'Cloud' features in the 'Template'.
Trends evolve as staircases. They breathe.
• Uptrends consist of Higher Highs and Higher Lows.
• Downtrends consist of Lower Highs and Lower Lows.
We use the clouds to see and ride the staircases. And even more importantly, to see where those staircases/trends break.
• Switch the 'Mode' to 'None' and the 'Market Pulse' to 'Hide'.
• In 'Paint Bar', select 'Cloud'.
• Add the 3 'Clouds'.
The 'Near Cloud' is more sensitive. This cloud is near the price.
The 'Light Cloud' and the 'Dense Cloud' navigate further away from the price.
You can choose to trade the color change of the clouds. For example, You can open at the beginning of a long-term cloud and close at the end. Or you can ride the long-term clouds and pause, scale down and/or scale up (by increasing or decreasing your lot size) with the short-term cloud.)
Here, the 'Mode' is set to 'None', the 'Market Pulse' is set to 'Hide' and all three 'Clouds' are turned on.