phillipbush
Hello my friend!
First of all, Solar Wave and Superior RSI are 2 different indicators, both in terms of mechanism and usage:
- Solar Wave operates based on the "follow the trend" principle,
- Superior RSI is more focused on identifying potential reversal points by analyzing overbought and oversold zones.
You can use Superior RSI to gauge the possibility of a market reversal, which helps in avoiding new entries or locking in profits at the right time.
Next, Solar Wave provides multiple signals, with two key ones being trend confirmation and pullback signals. When both higher and lower timeframes align in the same direction, you can take advantage of the pullback signal on the lower timeframe to enter a trade in the direction of the main trend.
For example, I use Multi-Timeframe Fu$ion analysis to identify trend alignment between 2 timeframes: 20/4 and 8/2:
- When both timeframes confirm an uptrend, I look for Buy entries based on pullback signals provided by Solar Wave on the lower timeframe.
- Conversely, if both indicate a downtrend, I will prioritize Sell entries following the same logic.
