Thinkorswim Hit Break Indicator CJP

Utilizing the ThinkorSwim Hit Break Indicator CJP across Day and Weekly timeframes offers a straightforward trading approach.

When the "GRAY CLOUD" touches or surpasses the green line, it signals a favorable moment to initiate a long buy position.

The latest "V6" Update introduces a Green Hit Bottom signal, indicating the asset has reached its bottom.

It's important to note that this indicator is best suited for long-term use.

Despite the inherent unpredictability of the stock market, employing limit orders and stop-loss measures tailored to your preferences can assist in executing trades.

Please be advised that any trading decisions made using this indicator are your own responsibility. We hope you find value in utilizing this tool.

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