[blackcat] L5 Banker Fund Flow Trend Oscillator X

Background
The large funds or banker fund are often referred to as Whale. Whale can have a significant impact on the price movements in various markets, especially in cryptocurrency . Therefore, how to monitor Whale trends is of great significance both in terms of fundamentals and technical aspects. I had published (blackcat1402) L3 Banker Fund Flow Trend Oscillator as open sourced version. Since this indicator is one of the most popular indicators in my collections. Many requested advanced features and improvements on accuracy. Here is the link of free version of L3 Banker Fund Flow Trend Oscillator:
https://www.tradingview.com/script/791WkWcm-blackcat-L3-Banker-Fund-Flow-Trend-Oscillator/
Function
L5 Banker Fund Flow Trend Oscillator X can give you a model of complete banker fund flow operation in cycles. Compared to L3 free and open source version, it contains more advanced algorithms to provide entries. It is comprehensive to disclose the price trend with dynamic overbought and oversold tables. Compared to L4, which is also powerful, but they are using different banker fund engines. L4 is more suitable for those who have been used to L3 already. L5 is slightly different in visual effect and algorithm core, which is much different to L4 and L3. It can depict much clearer trajectory of banker fund as an oscillator. That is the reason why I list this as Level 5, which is closed source and invited-only. Unlike L4, whose cycle of banker fund flow may have 5 steps in max as entry, increase position, decrease position, exit, and weak rebound for exit, L5 only have buy and sell signal with a customized entry signal filter to filter out crowded entry signals.
This indicator derives from "(blackcat) L3 Banker Fund Flow Trend Oscillator". Therefore, it is an oscillator indicator with overbought and oversold threshold levels. However, it combine several novel indicators together but mainly focus on Whale Jump (Whale Pump and Whale Dump), Blackcat1402 featured supertrend indicator (entry signal = supertrend && oscillator signal), trading risk assessment indicator.
In case you are not familiar my indicators:
(blackcat) L5 Whales Jump Out of Ocean X:
https://www.tradingview.com/script/6kRPcRVr-blackcat-L5-Whales-Jump-Out-of-Ocean-X/
(blackcat) L1 Trading Risk Assessment Indicator (I inverted it in this indicator here):
https://www.tradingview.com/script/voeMVZVz-blackcat-L1-Trading-Risk-Assessment-Indicator/
(blackcat) L4 Banker Fund Flow Trend Oscillator:
https://cn.tradingview.com/script/mosYL2rc-blackcat-L4-Banker-Fund-Flow-Trend-Oscillator/
Indicator Set
Banker Fund Flow Trend Oscillator X, providing swing oscillator and entry signal.
Blackcat1402 Featured Supertrend, providing colors (green for bull and red for bear) on CurrentSafetyLevel of "Trading Risk Assessment Indicator".
Whales Jump Out of Ocean X, whale pumps and dumps
Trading Risk Assessment Indicator, output CurrentSafetyLevel, which is a large time frame oscillator ranging from overbought and oversold zones.
Inputs
EntryFiltPeriod --> Entry Signal Filter Period, default value is 5, which means crowded entry signal in future 5 bars will be ignored.
Safe Bottom --> User defined safe bottom threshold.
Risky Top --> User defined risky top threshold.
Oscillator Center --> define the center value of Oscillator X, which will influence long entry signal generation
Whale Scaler --> A scaling factor input to see whale dumps and pump more clearly in vision.
The other inputs --> Oscillator divergence inputs.
Golden Cross --> According to community feedbacks, popular L3 Yellow Candles for Banker Fund Entry are added Now. It is represented as a Yellow Cross and You can activate and deactivate them in indicator settings.
Dynamic OS/OB tables --> They are hidden commonly but appear only when OB or OS is happening on top right corner or bottom right corner respectively. Values are visiable for you to judge instant trend reversals.
Key Signal
Yellow bars --> Oscillator long
Fuchsia bars --> Oscillator short
Green columns --> CurrentSafetyLevel values and Supertrend long
Red columns --> CurrentSafetyLevel values and Supertrend short
Fuchsia Zone --> Overbought region
Yellow Zone --> Oversold region
Buy-Sell Labels --> "AND" output of Supertrend and Oscillator Entry Signal: Green for "Buy" and Red for "Sell".
Bull-Bear Labels --> Oscillator divergence signal: Yellow for "Bull" and Fuchsia for "Bear".
Long Whales / Banker Pump--> fuchsia and red stick bars (Motive waves with fuchsia color; corrective waves with red color)
Short Whales / Banker Dump --> yellow and red green stick bars (Motive waves with yellow color; corrective waves with green color)
Pros and Cons
Suitable for discretionary trading and auto trading with alerts.
Intuitive and effective, the output signal is more reliable after multi-indicator resonance.
Remarks
My first L5 indicator published
Closed-source
Invite-only
Subscription
500 Tradingview Coins per Monthly Sub.
500X10 Tradingview Coins per Yearly Sub.
SELL label --> standard sell
BUY label ---> standard buy
GBUY ---> Golden buy
FSELL ---> Fuchsia sell
Alert on Yellow BUY ---> YBUY!
Alert on Fuchsia BUY ---> FSell!
Alert on BUY ---> BUY!
Alert on SELL --> SELL!
Change "Buy" into "L"
Change "Sell" into "S"
Change "GBuy" into "L+"
Change "FSell" into "S+"
Add bar color function with green for up trend, and red for down trend.
Add leave OB and OS alerts.
Skrip jemputan sahaja
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Arahan penulis
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Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi blackcat1402 secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.