StupidTrader Money Glitch

24 Apr

StupidTrader Money Glitch


This indicator identifies high-probability buy setups by combining key technical concepts. It detects a reclaimed demand zone (a significant low that was broken and reclaimed), confirms bullish market structure breaks (MSB), ensures the price is above the 9 and 21 EMAs, and looks for volume spikes or trends.

Key Features:
Plots a demand zone (blue box) based on a reclaimed low.

Signals long entries (green triangles) when conditions align: reclaimed demand zone, MSB, price above EMAs, and volume confirmation.

Includes EMA 9 (blue) and EMA 21 (aqua) for trend confirmation.

How to Use:
Add the indicator to your chart and look for green triangles below candles as buy signals. Ensure the price interacts with the demand zone, breaks market structure, and shows volume confirmation. Works best on daily or higher timeframes for assets like ONDO, BTC, and more.
Settings:
Short EMA Length: 9

Mid EMA Length: 21

Pivot Lookback for Demand Zone: 5

Zone Lookback for Demand: 90

Volume Lookback: 20

30 Apr

Nota Keluaran

StupidTrader Money Glitch Indicator
Overview:
The StupidTrader Money Glitch is a powerful trading indicator designed to help traders spot high-probability buy signals in bullish market conditions. By combining demand zone analysis, trend confirmation, and volume spikes, this indicator pinpoints moments when the price is likely to bounce from key support levels, giving you an edge in your trading decisions.
What It Does:
This indicator identifies demand zones—areas where buyers have historically stepped in to defend the price—using pivot lows that were broken and reclaimed. It then waits for a bullish price action (like a strong candle pattern or breakout) within these zones, confirms the trend with moving averages, and checks for a surge in trading volume. When all conditions align, it plots a green triangle below the candle to signal a potential long (buy) entry.
Key Features:
Demand Zones: Highlights primary and secondary support zones (blue rectangles, 90% transparent) where price has shown strong buying interest.

Bullish Signals: Detects bullish engulfing candles or breakouts above recent highs to confirm reversal potential.

Trend Filter: Uses a 9-period and 21-period EMA (Exponential Moving Average) to ensure trades align with a bullish trend (9 EMA above 21 EMA).

Volume Confirmation: Requires a volume spike (1.5x the average) to validate strong buyer momentum.

Cooldown Period: Prevents over-trading by enforcing a 7-candle wait between signals.

Visual Clarity: Plots EMAs (blue and aqua), transparent demand zones, and clear buy signals (green triangles) for easy chart reading.

Alerts: Built-in alert system notifies you when a long entry signal is triggered.

How to Use It:
Add to Chart: Apply the indicator to any chart (stocks, forex, crypto, etc.) and adjust settings like EMA lengths or proximity values if needed.

Look for Signals: Watch for green triangles below candles, which indicate a potential buy opportunity within a demand zone.

Confirm Context: Ensure the 9 EMA is above the 21 EMA and volume is spiking for stronger signals.

Manage Risk: Use the demand zones as support levels for setting stop-losses and combine with your own risk management strategy.

Customize: Tweak inputs like Price Proximity (default 25000) or Broad Proximity (default 50000) to match the asset’s price range (e.g., lower for low-priced stocks, higher for crypto like BTC).

Who It’s For:
Perfect for swing traders, day traders, or anyone looking to catch bullish reversals at key support levels. Whether you’re trading stocks, forex, or cryptocurrencies, this indicator helps you find high-probability entries with clear visual cues.
Settings:
Short EMA Length (9): Fast-moving average for trend detection.

Mid EMA Length (21): Slower-moving average for trend confirmation.

Pivot Lookback (2): Bars used to identify pivot lows for demand zones.

Zone Lookback (120): Bars to check for broken/reclaimed pivots.

Volume Lookback (20): Period for calculating average volume.

Price Proximity (25000): Maximum distance for secondary demand zones.

Broad Proximity (50000): Fallback distance for secondary zones.

Dip Window (3): Bars to check for recent price interaction with demand zones.

Cooldown Period (7): Minimum bars between signals to avoid clutter.

Note: The default proximity settings are optimized for high-priced assets (e.g., Bitcoin or indices). For lower-priced assets (e.g., stocks under $100), reduce Price Proximity and Broad Proximity to smaller values (e.g., 25 or 50) for better zone detection.
Get Started: Add the StupidTrader Money Glitch to your chart, watch for green triangles, and trade with confidence in bullish setups!