BTC Puell Multiple with alert functionThe Puell Multiple examines the fundamentals of mining profitability and the way they shape market cycles. It is calculated by taking a ratio of daily coin issuance (in USD) and the 365 moving average of daily coin issuance (in USD).
Interpretation of the Puell Multiple can generally be considered in the following framework:
high values indicate that current miner profitability if high compared to the yearly average. As such, the incentive for miners to liquidate their treasuries is high and greater sell pressure may be expected.
Low values indicate that current miner profitability is low compared to the yearly average. As such, income stress may become a factor, and some miners may need to start reducing hash-power by switching off rigs. This increases the hash-share of remaining miners who can then sell fewer coins to cover their operations, reducing their impact on liquid supply.
Halving events will drop the current coin issuance by 50% relative to the preceding year creating an immediate halving of the Puell Multiple also. The effect on miner profitability will thus be as per the point on low values above.
Bitcoin (Mata Wang Kripto)
Crypto Market Sentiment B [Morty]The Crypto Market Sentiment B indicator uses perpetual contracts premium to show the fear & greed mood of the Crypto market.
When the market is showing greed at relative highs, it is often a good selling point.
Markets in a panic mood with stable coins flowing back into cryptocurrencies are often bottom reversal points.
Berish divergence of the indicator may signal a major negative price move.
Crypto Market Sentiment Indicator A and Indicator B can be used together.
Here is the link of Indicator A.
Crypto Market Sentiment A [Morty]The Crypto Market Sentiment A indicator shows stablecoin flows of the Crypto market.
It can be used to look at the general trend of stablecoins activity.
When the market is showing greed at relative highs, it is often a good selling point. There will be a market sell-off and investors are expecting the value of their crypto investment to decline, they may rotate into stablecoins as a safe haven, whilst giving them the quick flexibility of deploying capital back into the crypto market easily.
Markets in a panic mood with stable coins flowing back into cryptocurrencies are often bottom reversal points.
Crypto Market Sentiment Indicator A and Indicator B can be used together.
Here is the link of Indicator B.
Bitcoin IV C/FIllustrating Cap-Floor bands based on statistical calculations using the implied volatility of Bitcoin.
Calculation criteria can be chosen in range 1day-365days.
GBTC PremiumCalculates the historical and current premium/discount for a share of Grayscale GBTC vs. Bitcoin spot price.
Triple CSWhat this indicator does:
This indicator will be scanning for ranges of extremity.
It measures multiple underlying factors in the financial markets like measuring levels of strength using RSI, momentum using Stochastics and extreme ranges using Bollinger Bands.
What is "extreme range" criteria: ranges above 70 or below 30 on RSI and Stoch are considered extreme, as well as moments of extreme volatility exceeding overbought and oversold levels on BBs.
All monitored data is to be plotted in a horizontal row, providing information about oversold, overbought and mid-range market conditions. This data will either meet the criteria simultaneously and plot a Red or Green indication or it will miss one or more requirements, plotting Gray indications.
This indicator is a real-time indicator, meaning it's updating live and due to this tracking in real-time, indications not yet 'printed' can give false readings. For performance purposes, it is best practice to allow all indication plots to 'print', meaning if a plot ever changes in color, it's best to allow that candle to fully close , ticking to 0:00 before confirming the accuracy of the indicator's findings.
How it works:
This indicator scans multiple sources of data simultaneously. When appropriate conditions within a trading range are met, the indicator will update it's color.
The indicator will plot Gray , Green , and Red indications which can be explained below.
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Grey plots : No indication of full extremity, meaning one or more conditions being tracked has not met requirements, suggesting price is likely in mid-range.
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Green plots : Extremity level lows have been simultaneously met, data indicates extreme oversold conditions are likely present.
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Red plots : Extremity level highs have been simultaneously met, data indicates extreme overbought conditions are likely present.
What market will this indicator work on?
Stocks > Forex > Crypto
All the above are supported by this indicator.
Charts with more history have more data for the indicator to utilize. (Lack of data can result in poor performance.)
- This indicator performs best on 4H, 12H, D, and W timeframes, although you can use this indicator on any timeframe TradingView supports.
This indicator was created to find ranges of extreme trade which can help traders be more confident in their timing with the market.
Trading can be difficult, let an algorithm scan the market and monitor for early signs of volatility changes.
Past performance does not guarantee future results. Please do your due diligence when placing trades.
60-Day Accumulated Increasing RateIs this Bitcoin bull run still driven by new investors and new funds? Definitely. That’s why the 60-day accumulative increasing rate is so important and it can even determine everything. The only thing that can be trusted is the math. In history, each capital inflow uptrend bull run has ended once the 60-day accumulative increasing rate reached a high level and when the short-term euphoric investors push BTC price to rise at a fast speed and use up all kinds of leverages. At that point, there’s no time for new investors and new funds to flow in, thus the cryptocurrency market will crash from the global top.
In that sense, the crashes on 4th September, 2017 and 19th May, 2021 didn’t end the bull run, instead,they lengthened the bull run span.The last bull run cycle (2017) might have ended prematurely when BTC reached $10,000, recording 150% accumulated increase over 60 days. Then BTC won’t be pumped up to $20,000 if the course wasn’t interrupted by September 4th, 2017 incident.
Technical analysts(they are far from trustworthy, full of bollocks) call the correction of BTC: “consolidation or wipeout”, just like that diabetes is called as Liver Qi Stagnation, weight lossing, being thirsty and other symptoms. It’s quite fun to watch so many people explaining it in a false concept. Everyone knows what the maths is. That’s enough.
PS: This indicator can only be applied to Bitcoin daily chart!
Trendalix EntriesThis script is made to simplify the analysis of trends. It changes the mas based on whether you're looking at stocks or crypto. As these 2 markets currently move differently, they need a slightly different approach.
Crypto trends:
Can move much faster than stocks. Ideally the price should be bouncing above the williams alligators (about the 20-30 MAs).
Stocks:
These swing more than crypto so you need to get deep into these swing to be buying at the bottom of a move. The MAs are much larger, between the 50ma and 400ma. It's much more important here that the slower MAs are strong, i.e 200ma is above the 400ma, than it is that the faster MAs are okay.
For stocks an entry and stop line is drawn. These are only visible when the market is sufficiently in a pullback.
Aggregated BTC SpreadThis script is used to aggregate the bitcoin spread on futures contracts on different platforms.
It works by averaging the for every selected exchange, and apply an EMA of .
It is supporting
Binance (USD / USDT)
Okex
FTX
Huobi
Deribit
Ascendex
CME (BTC1!)
NSDT Fracking CryptoThis indicator is part of our Fracking series of indicators and is specifically designed for scalping Crypto. It looks for a particular price action pattern/sequence then displays levels and a label on the chart to show a potential entry, target, and stop based on that analysis. Basically enter long through the green zones and short through the red zones. The target levels are not guaranteed to be hit, but are a good guide with high potential. Pivot Point levels were added for additional confirmation of potential key levels.
Trading is risking and you can lose money. Trade at your own discretion and risk. This indicator is only providing potential scalping zones based on recent price action.
Dominion - Bitcoin Altcoin Dominance [mutantdog]A simple and easy reference tool displaying a plot of the market cap dominance values for several significant cryptocurrencies.
The most widely used of these is bitcoin dominance (the top indicator shown above) which calculates the total market cap of bitcoin in relation to the total cryptocurrency market cap, displayed as a percentage. This is commonly used by traders to assess the strength of bitcoin in relation to the broader crypto market; increasing values being indicative of larger bitcoin moves and decreasing values often indicative of potential altcoin cycles. Likewise, ethereum dominance (the bottom indicator shown above) is frequently used as a means to indicate the strength of ethereum in relation to the broader crypto market.
Included options for marketcap dominance values are:
Bitcoin : CRYPTOCAP:BTC.D
Ethereum : CRYPTOCAP:ETH.D
Total DeFi (a composite of multiple top defi tokens): CRYPTOCAP:TOTALDEFI.D
Stablecoins (shows the combined dominance values for usdt and usdc): CRYPTOCAP:USDT.D + CRYPTOCAP:USDC.D
Flippening (shows the difference between bitcoin and ethereum dominance values): CRYPTOCAP:BTC.D - CRYPTOCAP:ETH.D
When used in combination with each other, these can provide a good overview of the general flow of capital within the crypto market.
Additional functionality:
up to three optional moving averages with a choice of SMA, EMA, WMA and RMA for each.
multi timeframe selector
alert condition presets for various moving average crosses.
Please be aware that, while useful as reference, dominance calculations are known to repaint frequently. As such the use of this indicator and its alerts should require caution.
RECON ATR Volatility PercentageThe original Average True Range (ATR) indicator is a technical analysis indicator designed to measure volatility. The higher the ATR the higher the volatility.
The RECON ATR Volatility Percentage indicator calculates the Average True Range (ATR) as a percentage.
Suggested chart timeframes: 1h, 4h and 1D seem to produce the most useful intel but can be used on lower timeframes as well.
The Recon ATR Volatility Percentage can be utilized for identifying trading pairs with a desired amount of volatility, for example deploying a grid trading strategy on pairs that are trending up with a high amount of volatility (say over 50%) might produce desirable results.
It is important to note the ATR does not indicate price direction and can be high in both a rising or falling market.
The ATR Length, Period Look Back Length parameters as well as the color of the columns can be configured per your specifications.
WhaleCrew AccumulationThis script was built for the BTC weekly chart.
Purpose: Accumulation of longterm (spot) holdings.
Bull Market Support-Band:
Bundle of the 20 EMA & SMA
Often acted as support during previous bullmarkets
Some people like to trade retests/breaks of this band
Accumulation-Band (+ alerts):
Green: Possible Accumulation/DCA Opportunity
Color might change while candle is still open (e.g. Weekly Candle - 19 Jul '21, flipped green -> closed red)
Labels (+ alerts):
Break of the 200 Weekly EMA
Oversold RSI (< 30)
Ripple (XRP) Model PriceAn article titled Bitcoin Stock-to-Flow Model was published in March 2019 by "PlanB" with mathematical model used to calculate Bitcoin model price during the time. We know that Ripple has a strong correlation with Bitcoin. But does this correlation have a definite rule?
In this study, we examine the relationship between bitcoin's stock-to-flow ratio and the ripple(XRP) price.
The Halving and the stock-to-flow ratio
Stock-to-flow is defined as a relationship between production and current stock that is out there.
SF = stock / flow
The term "halving" as it relates to Bitcoin has to do with how many Bitcoin tokens are found in a newly created block. Back in 2009, when Bitcoin launched, each block contained 50 BTC, but this amount was set to be reduced by 50% every 210,000 blocks (about 4 years). Today, there have been three halving events, and a block now only contains 6.25 BTC. When the next halving occurs, a block will only contain 3.125 BTC. Halving events will continue until the reward for minors reaches 0 BTC.
With each halving, the stock-to-flow ratio increased and Bitcoin experienced a huge bull market that absolutely crushed its previous all-time high. But what exactly does this affect the price of Ripple?
Price Model
I have used Bitcoin's stock-to-flow ratio and Ripple's price data from April 1, 2014 to November 3, 2021 (Daily Close-Price) as the statistical population.
Then I used linear regression to determine the relationship between the natural logarithm of the Ripple price and the natural logarithm of the Bitcoin's stock-to-flow (BSF).
You can see the results in the image below:
Basic Equation : ln(Model Price) = 3.2977 * ln(BSF) - 12.13
The high R-Squared value (R2 = 0.83) indicates a large positive linear association.
Then I "winsorized" the statistical data to limit extreme values to reduce the effect of possibly spurious outliers (This process affected less than 4.5% of the total price data).
ln(Model Price) = 3.3297 * ln(BSF) - 12.214
If we raise the both sides of the equation to the power of e, we will have:
============================================
Final Equation:
■ Model Price = Exp(- 12.214) * BSF ^ 3.3297
Where BSF is Bitcoin's stock-to-flow
============================================
If we put current Bitcoin's stock-to-flow value (54.2) into this equation we get value of 2.95USD. This is the price which is indicated by the model.
There is a power law relationship between the market price and Bitcoin's stock-to-flow (BSF). Power laws are interesting because they reveal an underlying regularity in the properties of seemingly random complex systems.
I plotted XRP model price (black) over time on the chart.
Estimating the range of price movements
I also used several bands to estimate the range of price movements and used the residual standard deviation to determine the equation for those bands.
Residual STDEV = 0.82188
ln(First-Upper-Band) = 3.3297 * ln(BSF) - 12.214 + Residual STDEV =>
ln(First-Upper-Band) = 3.3297 * ln(BSF) – 11.392 =>
■ First-Upper-Band = Exp(-11.392) * BSF ^ 3.3297
In the same way:
■ First-Lower-Band = Exp(-13.036) * BSF ^ 3.3297
I also used twice the residual standard deviation to define two extra bands:
■ Second-Upper-Band = Exp(-10.570) * BSF ^ 3.3297
■ Second-Lower-Band = Exp(-13.858) * BSF ^ 3.3297
These bands can be used to determine overbought and oversold levels.
Estimating of the future price movements
Because we know that every four years the stock-to-flow ratio, or current circulation relative to new supply, doubles, this metric can be plotted into the future.
At the time of the next halving event, Bitcoins will be produced at a rate of 450 BTC / day. There will be around 19,900,000 coins in circulation by August 2025
It is estimated that during first year of Bitcoin (2009) Satoshi Nakamoto (Bitcoin creator) mined around 1 million Bitcoins and did not move them until today. It can be debated if those coins might be lost or Satoshi is just waiting still to sell them but the fact is that they are not moving at all ever since. We simply decrease stock amount for 1 million BTC so stock to flow value would be:
BSF = (19,900,000 – 1.000.000) / (450 * 365) =115.07
Thus, Bitcoin's stock-to-flow will increase to around 115 until AUG 2025. If we put this number in the equation:
Model Price = Exp(- 12.214) * 114 ^ 3.3297 = 36.06$
Ripple has a fixed supply rate. In AUG 2025, the total number of coins in circulation will be about 56,000,000,000. According to the equation, Ripple's market cap will reach $2 trillion.
Note that these studies have been conducted only to better understand price movements and are not a financial advice.
SSR - Stablecoin Supply Ratio - Bitcoin - CryptocurrencyThe Stablecoin Supply Ratio (SSR) is the ratio between Bitcoin supply and the supply of stablecoins, denominated in BTC.
When the SSR is low, the current stablecoin supply has more "buying power" to purchase BTC. It serves as a proxy for the supply/demand mechanics between BTC and USD.
Pi Cycle Top Ribbon [Mamo]This is a modification on the original Pi Cycle Top Indicator by Philip Swift.
It consists of 2 moving averages with one of them being multiplied by a chosen number. When the lower moving average crosses the higher (with multiple) moving average, the bull market top is indicated.
The original indicator showed bull market tops within a 3 day accuracy. This version shows the exact tops on the exact day for 2013 and 2017.
There are 7 different perfect solution shown as a band in this modified indicator. Each solution is a color pair and can be viewed separately by turning each combination off or on in the settings.
[DS]Bitcoin BTC ETH and others cryptos==DESCRIPTION - English version
The purpose of this script is to show information on graph that can help your decision to buy and sell cryptos.
The script is indicated for Position Trade (Long Term - Holder) and Swing Trade (Medium term).
Position Trade it is recommended to use the Weekly (W) and Daily (D) charts, Swing trade to use the 4H and 2H charts.
It is not advisable to use this indicator with graphic time frame less than 2 hours because the noise levels of information are very high.
An alert function has been inserted in the indicator and to activate this function you will need configure it in the Tradingview.
This alert will indicate the likely points of entry and exit of the asset.
**DESCRIÇÃO - Versão em Português
A proposta deste script é mostrar no gráfico informações que possam auxiliar a sua decisão de compra e venda de cryptos.
Este script é indicado para negociação Position Trade (Longo Prazo - Holders) e Swing Trade (Médio prazo).
Para Position Trade (Holders) é indicado utilizar os gráficos Semanal (W) e Diário (D), para Swing trade utilizar os gráficos 4H e 2H.
Não é aconselhável utilizar este indicador com tempos gráficos menores que 2hs pois os níveis de ruídos nas informação são muito altos.
Foi inserido no indicador uma função de alerta e para ativar esta função, você precisará configurá-la no seu Tradingview.
Este alerta irá indicar os provaveis pontos de entrada e saída do ativo.
====================================================================================================
** English Version
====================================================================================================
█ SETUP applied to Indicator
The setup is based on the average 8, 21 and 56 of the weekly chart (taught on youtube channel: Augusto Backes)
Price above the average 8 on the weekly, indicates that the market is UP trend, below the average 8 on the weekly that the market is DOWN trend
RSI greater than 60% the market is UP trend
RSI greater than 40% and lower 60% the market is in ACCUMULATION
RSI less than 40% the market DOWN trend
The weekly average 8 is represented in GREEN (Upward Trend) and RED (Downward Trend).
The weekly average 21 is represented in LIGHT ORANGE
The weekly average 56 is represented in LIGHT PURPLE
The crossing of weekly averages 8 and 21 is represented with a GREEN (HIGH trend) and RED (LOW trend) cross - this signal is disabled on the graph but you can enable it by clicking on the graph setup
█ FUNCTION USE
(1) Average 8, 21 and 56 on Weekly - show the average 8, 21, 56 weekly on graphic (Average 8 in color red and green, 21 - light orange, 56 light purple)
(2) Crossing of averages 8 and 21 Weekly - is not active but you can activate
(3) Calculation of RSI
(4) barcolor() - mark the candles with the green color (High market) and red color (Dow market)
(5) alertcondition() - you can active this alert on Tadingview
█ BUY AND SELL POINTS - likely points
The indication of the BUY position is shown by a green arrow pointing upwards and the sell position by a red arrow pointing downwards. Buy and sell indications are obtained from the divergence in the market trend.
█ THANK TO
PineCoders for everything they do, all the tools and help they provide, and their involvement in making a better community. All PineCoders, Pine Pros and Pine Wizards, people who share their work and knowledge because of it and helping others, I am so happy and so grateful.
█ NOTE
This indicator is not a buy and sell recommendation, it indicates the most likely buy and sell points. Every purchase and sale decision is your responsibility
*****************************************************************************************************
** Versão em Português
*****************************************************************************************************
█ SETUP aplicado no Indicador
O setup está baseado na média 8, 21, e 56 do gráfico semanal
Preço acima da média 8 no semanal indica que o mercado esta em tendência de ALTA, abaixo da média 8 no semanal que o mercado está em tendência de BAIXA
RSI maior que 60% o mercado está em ALTA
RSI maior que 40% e menor 60% o mercado está em ACUMULAÇÃO
RSI menor que 40% o mercado está em BAIXA
A média 8 semanal está representadas nas cores VERDE (Tendência de Alta) e VERMELHA (Tendência de Baixa).
A média 21 semanal está representada na cor laranja claro
A média 56 semanal está representada na cor roxa claro
O cruzamento das médias 8 e 21 semanal esta representado com uma cruz VERDE (Tendência de ALTA) e VERMELHA (Tendência de BAIXA) - este sinal esta desativado no gráfico mas você pode ativá-lo clicando no setup do gráfico
█ FUNÇÕES UTILIZADAS
(1) Média 8, 21 e 56 no Semanal - mostra a média 8, 21, e 56 no gráfico
(2) Cruzamento das médias 8 e 21 Semanal - não está ativo mas você pode ativá-lo
(3) Cálculo do RSI
(4) barcolor() - marca a vela (Candle) com a cor verde (Mercado em Alta) e a cor vermelha (Mercado em Baixa)
(5) alertcondition () - você pode ativar o alerta no Tradingview
█ PONTOS DE COMPRA E VENDA - prováveis pontos
A indicação da posição de COMPRA é apresentada por uma seta na cor verde apontada para cima e a posição de VENDA por uma seta na cor vermelha apontada para baixo. As indicações de compra e venda são obtidas a partir da divergência na tendência do mercado.
█ OBRIGADO PARA
PineCoders por tudo o que fazem, todas as ferramentas e ajuda que fornecem, e seu envolvimento em fazer uma comunidade melhor. Todos os PineCoders, Pine Pros e Pine Wizards, pessoas que compartilham seu trabalho e conhecimento por causa dele e ajudando os outros, estou muito feliz e muito grato.
█ NOTA
Este indicador não é uma recomendação de compra e venda ele indica os pontos mais prováveis de compra e venda. Toda decisão de compra e venda é de sua responsabilidade
Altcoin vs. BTC SeasonUsing BTC dominance to identify BTC vs. Altcoin season.
Blue: BTC season
Gray: Altcoin season
Green: Altcoin at support - entry with good risk/reward
Red: Potential BTC downside risk
CRYPTO ECLIPSEWelcome to CRYPTO ECLIPSE!
If you see the market as a game between buyers and sellers, CRYPTO ECLIPSE is the EASY MODE.
Don't believe in any word I wrote, but please don't doubt about it until you TEST IT. Just go ahead and take your own conclusions, maybe this script changes your life, like it changed mine.
What would be like if you could see the markets through the eyes of a trader with many years of experience? (and If you are already this trader, you could add this as a live second opnion)
Imagine if you could consistently predcit buyers and sellers actions, attempts and rejections. That's what Price action technical analysis tries, but price action often feels like very subjective and to succeed and learn it, you will probably need at least 4 years of trading, winning and loosing to find consistancy, that's the process. CRYPTO ECLIPSE will show how you will see the market after this years spent, You''ll be skipping this years.
CRYPTO ECLIPSE is a setup that translates the market to you and give you the view of the market as it is, and not only how it was in the past. Differently from almost all other indicators i've seen in my life, CRYPTO ECLIPSE is a setup focused in PREDICT, not REACT. In my opnion that's why indicators not work well, they are too focused in the past, giving late decisions.
Truth be told, it's sounds good, but how do I use it?
I will explain you the main features, what you need to do is: Take some time to learn it, mess with the configs. Until you see the chart as you believe is the best predict scenario for the past, and then just sit and see how it will keep predicting the next moviments. Well, it works for me :)
Why am I renting this setup?
I am not. This is made for you to test for free, and for those who this setup makes all sense, we will build a small comunity around it. Just watch as we go, or Join us.
Before I forget, the setup is also a screener to track the 6 conditions above in the last 1-5 periods.
Main Features description:
BAR COLOR 2 = Strong Buyers domain(Candle's color)
BAR COLOR 3 = Strong Sellers domain(Candle's color)
BAR COLOR 0 e 1 = Fine Tuning(Advanced) There are 3 main ways to use it:
-Standard, following the same 2 and 3 bar colors.
-Changing both 0 and 1 bar colors. You can use Orange or pink or white colors for both 0 and 1, or other any color, try to use one that does not match with green or red for distinction. Consider the 0 and 1 bars as trend changing in course, or the breath of the market before a trend continuation (pullback).
Another option, that's indicated for Professionals only: change bar zero to dark green and 1 to a lighter red. This way you will see the gain and loose game in real time, take some time and you will see dark red going to lighter red will indicate a seller's weakness and the oposite for the buyers. If you are already a PRO, go ahead and play with these 2 options.
BP= STRONG BUYERS DOMAN
BPD= STRONG BUYERS DOMAN DECREASING
SP= STRONG SELLERS DOMAN
SPD= STRONG SELLERS DOMAN DECREASING
EB= POSSIBLE EARLY BUYERS DOMAIN SIGNAL
ES= POSSIBLE EARLY SELLERS DOMAIN SIGNAL
Note that BPD AND SPD are the same as EB and ES, I made this as a double entries so we can combine two different periods. If you look close you'll learn that the periods are related to the range of past periods you want to consider.
IF you pick a low period, it will show more signals, and it willl be more sensitive to the market changes. All the signals are real things that happened there, you will see that there was always a pullback or a consolidation, since this is very sensitive it's better to traders who want what's happening all the time
If you pick a high period, it will show less signals and with significant and strong movement, there are no guesses in this signals, if it did not proceed with a strong moviment, the opposite forces rejected their attempt.
Fit to your market point of view: Mess with the period numbers until you see the signals(arrows) where you understand is the best place to take a trade in the past, and watch it repeat the alert for you in the future, same as bar colors.
Note: If you want to enter only with big movements signals, use Stronger signals and high periods. if you want to try to get the movement begin, go with the early signals, using short periods.
Play with the configs until the chart give you the confidence you want to have to trade your money.
I don't recomend to use it with many indicators, if you add more than one indicator with this, you are probably insecure, and this will be useless to you.
But go ahead and add a trend indicator, if you are a trend trader or a oscillator, if you are a oscillator guy... Whatever you need until you feel confident.
Alway remember, this is only a tool. it's your decision, this is not a buy/sell indicator (maybe in the future), this is a tool to read the market. Always trade SPOT never FUTURES, always keep your stop loss as close as you can.
Enjoy the ECLIPSE
Crypto Scannner for Traffic Lights StrategyI allways try to make trading easier. Developing Scripts for a quick backtest and improvement of a strategy, getting alerts for entry and exit a position. Loading data to a spreadsheet is also important and takes time.
In this case finding good parameters in different markets or assets to enter in a position, is a bit exhausting. It is something you have to do everyday, and sometimes in different moments of the day.
So I manage to develop a Screener, to take a quick look at specific hours, and tell if I have a buy or sell condition in an specific asset. Obviously this is not an alert to make a trade instantaneusly, but this help you filter a lot of information in matters of seconds. Then open those specific charts and make a better analisys.
A few weeks ago, I published a scrpipt called "Traffic Lights Strategy", that uses 4 emas to get a buy or a sell condition.
It is easy to understand and use, but if you don´t want to missed some opportunities, and don't want to be look at the screen in all the time looking for them, I have here a simple solution.
This script works plotting 2 labels. The first one plots all the assets in which the condition is true (fastema > medema > slowema > filterema or fastema < medema < slowema < filterema)
The second one plots the assets were the condition is true only if happened up to 5 candles back, so you can be in time to enter a trade.
You can take the script and customize it for a different strategy or assets. I coded like this because I backtested this strategy in this specific assets, and statistics suggest that it might be profitable.
I hope this works for you. In other time I'll try to code a script for the others strategies I published.
[astropark] Trend Skywalker V2 [alarms]Dear Followers,
today I'm glad to present you Trend Skywalker V2 , the evolution of Trend Skywalker V1 indicator that you can see here below:
This indicator works on every timeframe and market, it's quite responsive to market movements, so it's especially good on volatile markets.
In this new version you have 3 trend clouds available :
a short-term one (yellow)
a mid-term one (green)
a long-term one (blue)
You can also enable an option to show all trend clouds as one, the result will be similar to a special bollinger bands tool.
Of course you can edit trend clouds analysis period and color, also you can turn on or off the cloud that you prefer.
The indicator can run 4 different kinds of strategy : one for each trend cloud individually or a mixed one.
Also the indicator tracks for you a peak profit from entry: this tracker is a suggestion for you to take profits while price goes up!
All red-green circles you see in the chart is a reminder that a peak profit label was there in the past: what does this tell you?
if price starts losing the short-term trend and you had a lot of TP suggestions, maybe trend ended and you should start consider closing your trade before you give back all your profit.
This indicator will let you set alerts on each buy/sell/close/tp label.
For backtesting, you can use the indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
Godson CandleScript Symposium This script is a party of every useful trading indicator i believe in.
The primary signals are candlescript analyses
in order of most useful
CBE: Complete Bullish/Bearish Engulfing
DF/GD: These are Dragonfly and Gravestone Doji's but they also signal Harami's
BE: Bullish/Bearish Engulfing
H: Actual Harami's (these are mean't to be pre-emptive Hedge signals)
D: basic Dojis
these are also two Moving Averages
1Hr ema and 1D ema
doesn't have to be 1Hr/1D but that's the default.
you have 3 choices
A: show all signals
B: only show counter signals(these are bullish signals in a bear market; as defined by price under 1D, and vice versa), this exists for picking bottoms or counter-trend scalping.
C: only show pro trend signals(the trend is your fren... as they say)
only signals that appear 3% away from the mean(1hr ema) are shown, you can change this.
there are also signals that are meant for buying dips and selling rips, these appear when the price action significantly increases the STDEV and the price is far from the mean.
these settings can also be changed
green X: Local Bottom
red X: Locap top
candlecolor if turned on changes the color of the candle when Heiken Ashi open is the High(red) or low(green)
if you want your charts to look exactly like mine, turn off candle body, change wick colors to white and make background gridline 100% transparent.
Bitcoin - CME Futures Friday Close
This indicator displays the weekly Friday closing price according to the CME trading hours (Friday 4pm CT).
A horizontal line is displayed until the CME opens again on Sunday 5pm CT.
This indicator is based on the thesis, that during the weekend the Bitcoin price tends to mean reverse to the CME closing price of the prior Friday. The level can also act as support/resistance. This indicator gives a visualization of this key level for the relevant time window.
Furthermore the indicator helps to easily identify, if there is an up or down gap in the CME Bitcoin contract.
