NOTE: These indicators are not sanctioned by Acorn Wealth Corp.
The Fallen Angels Strategy is the flagship strategy taught by Acorn Wealth Corp.
The biggest issue with the strategy is 7 distinct indicators you need to line up for a potential entry. Combine that with the smart money portion of the strategy and it becomes a huge task to manage a watchlist that grows to over 200 symbols. You could be there for hours every night or risk missing an opportunity.
This is where our indicator will save you time. It consolidates all of those separate indicators into a single "go / no-go" style indicator.
With tooltips on each indicator light, you'll know exactly what's going on and why an entry might or might not be ideal at this point.
By using the alerts function built into Tradingview, you can focus on just the symbols that might be ready for an entry on a particular day. This feature can save you a ton of time every week since you're not checking each symbol in your watchlist every night.
Notice how we have the Early Entry Signal and have closed above the moving averages. This is a possible entry for traders.