• Avramis River
  • Trend Identification
  • Support and Resistance

Avramis River

  • Avramis River is a visual identifications tool that can offer more information regarding market sentiment and clarity of price trend
  • Used to scan through markets to spot trending opportunities or warn of ranging conditions
  • Provides context to the price action and reflects support and resistance zones that can be used for trend following
  • Used in combination with other technical tools and techniques for execution purposes

Avramis River - Design

  • Three different parameters interpreted as one
  • The Blue River : the anchor of the trend
  • The Brown River : the volatility filter
  • The Gold River : the delayed river

Avramis River - Interpretation

  • Price action relative to the rivers
  • Crossover of rivers
  • Slope of rivers
  • Distance between rivers
  • Possible support and resistance levels

Avramis River - Uptrend

  • Price above the blue river
  • Blue river above the gold river
  • And the rivers strongly upward sloping

Avramis River - Downtrend

  • Price below the blue river
  • Blue river below the gold river
  • And the rivers strongly downward sloping

Avramis River - Range

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Avramis River - Weak Trend

  • Lower tops and lower bottoms
  • The weakness of the strength of the trend can be identified using the river
  • In a weak trend, we expect to see the rivers mixing the price not remaining completely below the blue river

Avramis River - Bullish Reversal

  • Prices inside the river implies weakness
  • A close above the blue river indicates reversal
  • Reversal in price makes the signal more reliable
  • Further confirmation is given after the blue river crosses above the gold
  • Appearance of the white river acts as a signal of strength and confirms the new trend

Avramis River - Bearish Reversal

  • Prices inside the river implies weakness
  • A close below the blue river indicates reversal
  • Reversal in price makes the signal more reliable
  • Further confirmation is given after the blue river crosses below the gold river
  • Appearance of the white river acts as a signal of strength and confirms the new trend

Avramis River - Extreme Conditions

  • The white river can also be used to warn of the first corrective wave
  • The first appearance of the white river in a new trend signals an overbought/oversold state
  • This warns of a potential corrective retracement usually towards the area of the blue river

Avramis River - Support

  • The upper and lower boundaries of the blue river outline the area of Support in an uptrend
  • Corrections from a strong uptrend can often find support inside the blue river

Avramis River - Resistance

  • The upper and lower boundaries of the blue river outline the area of resistance in a downtrend
  • Corrections from a strong downtrend can often find resistance inside the blue river

Avramis River - Conclusion

  • A visual tool to help traders better understand the clarity of the trend
  • Rivers can help us quickly scan through many instruments to see which trends are clearer than others
  • It is critical to combine it with other technical tools to help traders in execution of trades