[Day Trading Indicator] Basic Usage
Nova Relic Signal isa trend-following indicatorthat becomes
primarily for TradingView, but also compatible with areas such as Japanese stocks
making it a rare indicator
https://www.gogojungle.co.jp/tools/indicators/72577
Please refer to the documentation after purchase for chart setup instructions
Therefore, by riding the signals when a trend is present, you can increase your win rate
First, with the settings as per the documentation
we will proceed with the explanation with left 5-minute chart and right 1-hour chart configured
EURJPY December 9, 25
This time, I would like to proceed under the assumption that alerts are set
You will receive alerts at the stage of “BUY”.
Next, look at the 1-hour chart to perform market context analysis
Since the trend line is pointing upward and the chart is rising to the right
it is an uptrend
When the market context and the direction of the signal align, enter
Looking at the chart, you can see it rises afterward
As for taking profit, it will be done using the method described in the documentation
This is the basic usage of Nova Relic Signal
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