Simplier Tradeing – John Carters – The 10x Bars Indicator for Thinkorswim
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Know whether to look for explosive buy setups, implosion sell setups, or to stay out of ‘fake out’ congestion zones. Plus, know when volume is at least 50% above average to identify moves with home run potential.
Simplier Tradeing – John Carters – The 10x Bars Indicator For Thinkorswim
Check it out: Simplier Tradeing – John Carters – The 10x Bars Indicator for Thinkorswim
This is a one time offer for John’s 10x Bars Indicator. Use the tools he’s using in order to get in earlier on more, bigger, and faster high probability setups.
Know whether to look for explosive buy setups, implosion sell setups, or to stay out of ‘fake out’ congestion zones. Plus, know when volume is at least 50% above average to identify moves with home run potential.
Below, you will see the following chart which is one of my actual trades (no ‘hypothetical results’ here). Here’s a chart of my biggest ‘10x Trade’ ever…
Quickly and easily identify THREE 10x Bars strength levels
Find super high probability intraday and swing setups
Use the 10x Bars on any timeframe you trade
Precise entry and exit rules (including early signal detection)
Trade anything with 10x Bars: Options, Futures, Stocks, Crypto
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The 10x Bars Indicator is used as a way to quickly understand the trend quality and strength based on a more complex underlying calculation of the ADX and DMI. The 10X Bars takes the calculation that we would have to normally had as a separate set of indicators and puts that information directly on your charts so the decision-making becomes simple.
The 10X Bars works as a nice complement to the Squeeze as they can serve as confirmation to stay in a trending chart or as an early sign to GTFO (Get The Funds Out).
Combining the information from 10X Bars with volume further strengthens the signal because, as John Carter says,
“Momentum + volume is magic.”
How do we use it?
The 10X bars will plot green, yellow, or red based on the underlying calculation of the ADX and DMI indicators.
Green bars indicate conviction and trend to the upside.
Red bars indicate conviction and trend to the downside.
Yellow bars indicate no strong directional conviction.
Bars that show a dot indicate 30% above average volume on that timeframe, indicating stronger conviction to the trend.
For yellow bars, we want to either avoid those setups or trade them in a non-directional manner until directional conviction is established.
We want to trade in the direction of the 10X Bars as that gives us the best probability of success in a trade.