The A7 technical indicator is your essential copilot in trading. Overlaid to the prices, it detects trends and reversals, but is also a precious tool to define your stop losses.
Never be alone when you trade
With the A7 technical indicator you will never be alone in trading or investing. Our indicator A7 is your perfect copilot:
- use it as a stop loss
- detect trends & reversals
- find tops and bottoms
- get buy & sell signals
Meet the A7 indicator
Our A7 indicator is built arounf 5 curves : 2 red curves and 3 blue curves. The red ones are short term compared to the blue ones.
But, it’s not the end. There are other signals that you can add on it.
In the following, we’ll use TradingView for the screenshots, but the indicator is also available in ProRealTime version.
Don’t miss our video on the A7 Technical Indicator:
Get buy anb sell signals with the A7 indicator
The A7 indicator shows buy and sell signals called Gariatchi (don’t ask why this name!).
When the checkbox Gariatchi is checked, you get buy signals (green arrows) and sell signals (red arrows).
It is best to buy on buy signal in a long term uptrend. You can wait for the FTABoll(3), FTABoll(4) or FTABoll(5) to be positive and/or rising.
It’s the opposite for sell signals: wait for the FTABolls to be negative.
And on growth values like Google, Microsoft, McDonald, Coke these signals are very cool. Notice that it is not a silver bullet!
Find bottoms and tops
We have added other signals that indicate bottoms and tops. Both local and global. Just check these two checkboxes:
And you’ll get black crosses (dots in ProRealTime) for the bottoms and red crosses (dots) for tops.
It’s important to note that bottom black crosses are safier in global uptrends, and top red crosses are safier in global down trends.
For example, on Google, in an uptrend with small corrections, the red crosses are less predictive:
Identify the trend of prices with the A7 indicator
This indicator can be used to detect trends and reversals. When prices are trending upwards, they surf above both red and blue A7, and the red and blue A7 are rising.
When prices are trending donwwards, they surf below both red and blue A7, and the red and blue A7 are falling.
Detect reversals
At last, it’s mathematic: in an uptrend, prices are above both A7. In a downtrend they are below them. So, a reversal occurs when prices go through the A7 and begin surfing on the opposite side.
Use it as a stop loss
As long as the price stays above the last bottom line of the A7, you are still in an uptrend (reverse for a downtrend). So, when prices are trending (and the A7 is rising), you can use the last bottom line of the A7, or the bottom line of the red A7 (when the momentum is high) as a moving stop loss.
Other tips about the A7 indicator
- When you’re in a uptrend, prices are moving above the red A7, which itself, if the trend is strong, moves above the blue A7.
- If the trend is not strong, prices, the red A7, and the blue A7 are somewhat intertwined.
- If the trend is very strong, they are clearly separated, indicating trend strength. This can give an indication of the strength of the trend.
- In a correction, prices first fall below the red A7, then below the blue. In a reversal, prices follow the opposite path.
- In a long uptrend, when a correction or consolidation occurs, prices may drop below the red A7 but don’t necessarily fall below the blue. The correction is considered over when prices move back above the red A7.
Reverse these setups for bearish trends.
How to find the A7 Indicator ?
Finally, the A7 Indicator is available in:
Illustrations : canva & Charts: TradingView