Market Trading Tools - Trend ReversalsOur Trend Reversals indicator is there to notify you when a trend reversal (depending on your time frame) might occur.
Trend Reversals will signal a cross shape signal (X), that will be in red when a downfall might happen and will be in green when a movement up is about or might happen. The indicator algorithm is based on 3 indicators, when these three intersect, the signal will be fired once the condition is met.
** Our Indicator does not repaint.
** It can be used on any financial market; crypto, stocks or forex. We also encourage using time frames as the 15 minutes and above. The use of a higher than 4hr time frame requires special settings and once you have access to it, you can change the parameters as you want. We have enabled our users to freely use the settings as they wish and to their own discretion.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We believe that we have not seen a similar indicator, and we are proud of our work and we will continue updating the indicator when we believe it is necessary according to market changes. We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator
Bitcoin (Mata Wang Kripto)
Market Trading Tools - DivergencesOur Divergence indicator is another indicator we are happy to present to interested traders. The indicator detects the possible trend change and it is a well known tool among traders based on bullish and bearish divergences.
To use the indicator well, it will spot divergences but some minimal work might be needed to be done as connecting the waves together to make sure that you get the best entries. You can also wait for the dots to appear in order to take a trade either long or short depending on whatever financial market you are trading and your trading strategy.
The red dots will signify a bearish divergence (trend reversal to the downside), while the green dots will signify a bullish divergence (trend reversal to the upside). The orange and purple dots also will signify a stronger divergence either bullish or bearish .
The divergence indicator we are publishing today works on crypto, stocks, forex, futures and almost all financial assets, however we do recommend using higher time frames for better results and to filter the noise around the divergences (dots), however using lower time frames can just allow you a better entry sometimes since reversals happen on lower time frames than larger ones.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator (click on it once). Once the indicator is added to your chart you will see the indicator popping up to a lower pane.
We are happy to announce that our trading indicator is special and unique from different ones because of the features added above + we have added alerts to it. We believe that the indicator plotting and style on chart is also clean and easy for the eyes to catch compared to other indicators around. We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator
Market Trading Tools - Auto Adjustable Support & ResistanceOur Auto Adjustable Support & Resistance indicator draws support and resistance lines that can help you estimate where a ticker or financial asset can range, reach or break. The support lines are in lime color while the resistance lines are in red. The colors will automatically change depending on where the candle is. So for example, if the candle is above the support line, the support line will be in lime, if it breaks that support line and closes below it, the same line will turn red becoming a resistance.
** The lines are adjustable, for example, if a stock or financial market broke a resistance and is moving to its all time high, then the line will keep moving with it until it rejects a certain zone. Accordingly, the supports below it will change to the nearest supports formed.
** The indicator can be used on any financial market; crypto, stocks or forex. We do not recommend a certain time frame as each time frame usually has its own support and resistance (the higher the time frame is the similar it will have same support and resistance zones, for example, a 4HR and 1 Day time frame might have similar support and resistance zones)
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We are happy to announce that our trading indicator is special and unique from different ones because it is adjustable to the current price ranges. We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator.
Trend-following Alert E v2.7 4HHi All,
Welcome to my third published Trend-following strategy for bitcoin, designed specifically for BITMEX:XBTUSD on 4H
This is an improvement of my second script (v2.6) to try and reduce 'chop' in consolidating ranges.
This script is the Alert script to use for settings up Alerts on Tradingview.
The accompanying strategy script and explanations/caveats you can find here:
In this script you will find the "active_long" and "active_long" variables (red and blue lines) that show which positions are being taken by the strategy script.
You can set 'Once per bar close' alerts for this to get your alerts on TV.
For instance, I use 'crossing up @ 0.1' on "active_long" to set an 'Open Long" alert and a 'crossing down @ 0.9' to set a 'Close Long' alert.
The same holds for the 'Open Short' and the 'Close Short' alerts but then for the 'active_short' variable.
I've also added start and end dates to test specific time periods.
Please let me know if you have any questions.
Trend-following Strategy E v2.7 4HHi All,
Welcome to my third published Trend-following strategy for bitcoin , designed specifically for BITMEX:XBTUSD on 4H.
This is an improvement of my second script (v2.6) to try and reduce 'chop' in consolidating ranges.
In order to set up Alerts for this strategy, I've created a second script called Trend-following Alert E v2.7 4H which you can find here:
Here you will find the "active_long" and "active_long" variables (red and blue lines) that show which positions are being taken by the strategy script.
You can set 'Once per bar close' alerts for this to get your alerts on TV.
For instance, I use 'crossing up @ 0.1' on "active_long" to set an 'Open Long" alert and a 'crossing down @ 0.9' to set a 'Close Long' alert.
The same holds for the 'Open Short' and the 'Close Short' alerts but then for the 'active_short' variable.
As you can see from the backtest I've done my best to create a decent ROI with limited DD.
Compared to the previous version (v2.6), the following has been improved:
- Accuracy has been increased from 49 to 63%
- Max. DD. has been reduced by 40%
- ROI/DD has been increased by 77%
You can also run this backtest/strategy with '100% of equity' but I would advise against trading this as your risk will fundamentally increase.
With a constant order size this strategy should be quite safe to use.
Going from the results it's clear that this strategy excels during clear bull/bear trends but might suffer a little bit during market chop (hopefully less with this update)
There are two inputs that can be modified on this strategy, however I think the current settings are optimal for this market on the 4H candle.
I've also added start and end dates to test specific time periods.
Please let me know if you have any questions.
Market Trading Tools - Golden & Death Crosses + AlertsOur Golden & Death Cross indicator is another indicator we are happy to present to interested people. The indicator detects the possible trend change and it is a well known tool among traders.
To make it more convenient for your use we have labeled the golden gross with a G and there is a green vertical bar that is available on the signal. Same for the death cross we have put a D and a red vertical bar.
The indicator can be used on any financial market; crypto, stocks or forex. We do not recommend a certain time frame as each time frame usually this depends on each trader to another, but it works on every time frame, the signals will appear on any time frame used.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We are happy to announce that our trading indicator is special and unique from different ones because it has alerts added to it and that feature isnt really available in most of the indicators around. We believe that the indicator plotting and style on chart is also easy for the eyes to catch and will probably not intersect with other indicators you might have on your chart, or at least our other indicators.
We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator.
Market Trading Tools - BOOM DCAOur DCA tool is an indicator that is mostly based on RSI. The DCA tool is there to let you know where you should start averaging your entries or longing or shorting a financial asset. It can also give you an idea about when a market can start going the other way depending on the time frame you are using.
DCA will signal two different buy signals and two different sell signals L/L1 - S/S1. S is for Short and L is for long. These signals can be used according to your own desire, S1 and L1 are a condition and S and L are a condition, it is rare when both will occur close to each other but in some cases they can be close depending on market situation. The indicator algorithm is based on 2 indicators, when these two intersect, the signals will be fired once the conditions are met.
** Our Indicator does not repaint.
** It can be used on any financial market; crypto, stocks or forex. We also encourage using time frames as law as the 15 minutes and above. The use of a higher than 4hr time frame requires special settings and once you have access to it, you can change the parameters as you want. We have enabled our users to freely use the settings as they wish and to their on discretionary.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We believe that we have not seen a similar indicator, and we are proud of our work and we will continue updating the indicator when we believe it is necessary according to market changes.
Good luck! and stay safe!
** If you are interested in this indicator, please use the link below to obtain access to it.
Quickie (Free) IndicatorQuickie is a free tradingview Indicator developed by HFT Research. It works in sideways and trending markets depending the way you set it as well as both on short time frame and long time frame. It comes with backtesting abilities on tradingview.
You can find the alerts to go long and short here, please check the backtester to fine tune your strategy.
Use Bollinger Bands
This piece of the settings will turn and off Bollinger band’s input in the decision making. BB Length will determine the Moving average you are using to take the standard deviation off of which is named as BB Multiplier. Default settings will use 20 moving average and take standard deviation of 2 to create lower and upper bands. Increasing the Multiplier will give you fewer but safer entries
Use RSI
You can also turn on and off the RSI as well. Alternatively, there is an option to use RSI on a different time frame than you are currently on. For example, if you are looking at the 5min chart to use Bollinger bands but you would like to look at the RSI value on the 15min chart. You can do so by selecting the custom RSI timeframe as well as adjusting the Oversold and Overbought value.
Use MA Filter
Lookback: The indicator has an option to look back x number of candles to validate the price crossing. If the market is choppy and the price keeps crossing up and down the moving average you have chosen, it will generate a lot of “noisy” signals. This option allows you to confirm the cross by selecting how many candles the price needs to stay above or below the moving average. Setting it 0 will turn it off.
MA Filter Type: There is a selection of moving averages that is available on TradingView currently. You can choose from 14 different moving average types to detect the trend as accurate as possible.
Filter Length: You can select the length of your moving average. Most commonly used length being 50,100 and 200.
Filter Type: This is our propriety smoothing method in order to make the moving averages lag less and influence the way they are calculated slightly. Type 1 being the normal calculation and type 2 being the secret sauce .
Reverse MA Filter: This option allows you to use the moving average in reverse. For example, the strategy will go long when the price is above the moving average. However, if you use the reserve MA Filter, you will go short when the price is above the moving average. This method works best in sideways market where price usually retraces back to the moving average. So, in an anticipation of price reverting back to the moving average, it is a useful piece of option to use during sideway markets.
For more information please check out our website
GBTC % PremiumCalculates the % Premium on GBTC vs. Bitstamp Spot adjusted for GBTC/share @ 0.0009678
MAFIA CANDLESMafia Candles is a Exhaustion bar count and candle count indicator, Using the Leledc Candles and 1-3 counting candle play gives you a pretty good idea where a so called "top" will be or a so called "bottom" will be!
In this example, getting the transparent round circles ( either lime or red ) would mean that the move will be a good size move!
EXAMPLE=1 You see a down trend and then the Mafia Candles Flashes a Green Dot on the forming new red candle. This is where in theory you might want to consider going long on the market!
EXAMPLE=2 If you see a RED $ symbol, after a uptrend, this means in theory, there might be room for a short play or room for a small pullback in the price!
THE CIRCLES(RED OR LIME COLORED) ARE INDICATING BIGGER MOVES!
THE $ SYMBOLS (RED OR LIME COLORED) ARE INDICATING SMALLER PULLBACKS OR SMALLER PUMPS IN PRICE!
RED IS CONSIDERED TO BE A SELL!
LIME COLOR IS CONSIDERED TO BE A BUY!
AS MUCH IS BASED OF THE 1-3 CANDLE COUNT AND THE LEDLEC CANDLE DEVIATION STRATEGY, LET ME EXPLAIN THE THEORY ON BOTH THE 1-3 CANDLE COUNT AND THE LELEDC STRATEGY I COMBINE TO BRING YOU THIS ADDITION OF THE INDICATOR....
LELEDC THEORY USAGE...
An Exhaustion Bar is a bar which signals
the exhaustion of the trend in the current direction. In other words an
exhaustion bar is “A bar of last seller” in case of a downtrend and “A bar of
last buyer”in case of an uptrend.
Having said that when a party cannot take the price further in their direction,naturally the other party comes in , takes charge and reverses the direction of the trend.
TO EASIER UNDERSTAND I GIVE YOU A EASY EXAMPLE OF WHAT AN LELEDC EXHAUSTION BAR IS...
1. A wide range bar ( a bar with
long body!!!).
2. A long wick at the bottom of
the bar and no or negligible wick at the top of the bar in case of “Bear exhaustion bar” and
a long wick at the top and no or
negligible wick at the bottom of the bar in case of
“Bull exhuation bar”!!!
3. Extreme volume and.....
4. Bar forming at a key support or resistance
area including a Round Number (RN) and Big Round Number ( BRN ).THE PSYCHOLOGY BEHIND THIS!!!
Now let's assume that we have a group
of people,say 100 people who decides to go for a casual running. After running for few KM's few of
them will say “I am exhausted. I cannot run further”. They will quit running.
After running further, another bunch of runners will say “I am exhausted. I can’t run
further” and they also will quit running.
This goes on and on and then there will be a stage where only few will be left in the running. Now a stage will come where the last person left in the running will say “I
am exhausted” and he stops running. That means no one is left now in the
running.This means all are exhausted in the running.
The same way an exhaustion bar works and if we can figure out that
exhaustion bar with all the tools available on hand, we will be in a big trade
for sure!!.The reason is an exhaustion bar is formed at exact tops and bottoms most of the times.In forex with wide variety of pairs available at the counter ,one can trade this technique to make lifetime gains.
NOW LET ME EXPLAIN THE 1-3 CANDLE CORRECTION COUNT THEORY WHICH IS USED TO GET THE SUM UP SIGNALS FROM THIS INDICATOR FROM ITS INPUT LEVELS!!!
1-3 CANDLES....
The 1-3 Candlestick pattern is basically like sequential, aka a candle counting system!
1-3 CANDLE COUNT means you count the number of bullish=green candles or the bearish=red candles!
3 BULL/GREEN CANDLES in a row, each closing its close higher than the previous one before it is the 1-3 candle top count idea!
lets say you get 3 red bear candles, each candle after the first closes its body below the previous red candle before it, then you see 3 red candles with each closing lower bodies lower than the previous candle, THATS A POSSIBLE SIGN OF BEARISH EXHAUSTION, AND YOU MIGHT HAVE SOME BULLS STEP IN TO TAKE THE PRICE UP AFTER THE IMMEDIATE DOWNFALL OF THOSE 3 RED CANDLES!!
PLEASE IF ANYONE HAS QUESTIONS OR NEEDS ANY FURTHER EXPLANATION, DONT HESISITATE TO MESSAGE ME! CHALRES KNIGHT IS THE ORIGINAL AUTHOR OF THE 1-3 CANDLE COUNT AND THE LELEDC EXHAUSTION BAR INDICATOR ON METE-TRADER! R.IP CHARLES F KNIGHT!!! WE LOVE YOU AND MISS YOU BROTHER!
CHARLES KNIGHT PASSED DOWN ALL OF HIS INDICATORS AND SCRIPTS IN ORIGINAL CODE TO MYSELF WHEN HE PASSED AWAY AND I WILL CONTINUE TO HONOR HIS MEMORY BY ENHANCING HIS ORIGINAL SOURCE CODED SCRIPTS TO ENHANCE THE LIFE FOR ALL TRADERS!
CHARLIE LOVED WHEN I WOULD PUT MY OWN SWING ON HIS INDICATORS! HE TAUGHT ME EVERYTHING I KNOW AND I KNOW ONE DAY I WILL SEE HIM AGAIN!
TRADE IN PARADISE CHARLIE!!!
THE BEST TRADER IN THE WORLD!!!
Trend reversal strategy "muxie2" with safety SL, about 2x PFThis is a modified version of my script muxie1.
The muxie1 is more profitable in backtesting but is more risky as the stop loss is only triggered when a reversal happens and orders 2x more in reverse direction.
The current script works the same but if loss is substancial and reaches the safety stop loss then the trade is closed.
This uses 2 EMA and Stop Loss and Take Profit,
The soft stops don't fire at the precise value but only when the trend reverses
it is actually good for 1D timeframe since 2019, it was however optimised for 1min but I am not able to share scripts for 1m.
Have equivalent code for quantum zone Ftx.
Note the stops are in dollars of btc price, so this makes sense for bitcoin only.
Crypto Trend Following StudyThis is the study script indicator of Crypto Trend Following Strategy which can be used to automate your trading by alerts. With study script indicator, strategy can be easily automated.
To get access to the study script indicator please contact me directly by personal message.
To back test the strategy, see Crypto Trend Following Strategy indicator.
Script is using several moving averages to keep you on the right side of the trend. Signals are also filtered based on other indicators to prevent buying already overbought or selling already oversold coins and avoid ranging markets.
MAIN GOAL
Main goal of the strategy is long-term stable profit. No strategy has 100% accuracy therefore there always will be some false signals. But patience pays, with Trend Following Strategy, you will get couple of small loses while waiting to get big wins when coin is trending strongly. As you never know the right time you must sustain and be in all trades to make sure that you will not miss the big move.
BACKTEST
This script is for free to play with so you can back test and see for yourself how the strategy performs on any of your favourite coins.
Strategy is optimized and back tested for USDT and BTC pairs on 6h timeframe but it can be used on any pair and any timeframe.
RISK & REWARD
Strategy does not use safety orders as DCAs usually leads to bag holding sooner or later. It does not use take profit either as strategy will tell you when to buy and when to sell based on the actual market condition.
You should always use stop loss to protect your account from drawdown or even being liquidated.
You can change stop loss or take profit as you like or even back test the strategy with your preferred settings to find what suits you best.
STUDY SETTINGS
Important: Make sure that you use the same settings for both Strategy and Study indicators.
If you need any help with settings do not hesitate to ask. I would also appreciate any feedback and ideas how to improve the script.
==== Indicators settings ====
RSI Long < and StochRSI Long <
• used to filter out buy signals of already overbought coins - ( stoch ) RSI must be under set value to fire a BUY signal
RSI Short > and StochRSI Short >
• used to filter out sell signals of already oversold coins - ( stoch ) RSI must be over set value to fire a SELL signal
ADX >
• used to filter out buy or sell signals in ranging markets - ADX must be over set value to fire a BUY or SELL signal
MA Fast and Slow Length
• Two moving averages to indicate an actual short-term trend
Baseline Length & Type
• Baseline is a moving average which confirms the longer-term trend. You can set length and type of the moving average
Show every signal
• turn on to see signal on each candle whether strategy recommends opening long or short trade (green triangle – buy, red triangle – sell, no triangle – wait)
Crypto Trend Following StrategyThis is the strategy script indicator of Crypto Trend Following Strategy which can be used for back testing. With study script indicator, strategy can be easily automated.
To set alerts, see Crypto Trend Following Study indicator.
Script is using several moving averages to keep you on the right side of the trend. Signals are also filtered based on other indicators to prevent buying already overbought or selling already oversold coins and avoid ranging markets.
MAIN GOAL
Main goal of the strategy is long-term stable profit. No strategy has 100% accuracy therefore there always will be some false signals. But patience pays, with Trend Following Strategy, you will get couple of small loses while waiting to get big wins when coin is trending strongly. As you never know the right time you must sustain and be in all trades to make sure that you will not miss the big move.
BACKTEST
This script is for free to play with so you can back test and see for yourself how the strategy performs on any of your favourite coins.
Strategy is optimized and back tested for USDT and BTC pairs on 6h timeframe but it can be used on any pair and any timeframe.
RISK & REWARD
Strategy does not use safety orders as DCAs usually leads to bag holding sooner or later. It does not use take profit either as strategy will tell you when to buy and when to sell based on the actual market condition.
You should always use stop loss to protect your account from drawdown or even being liquidated.
You can change stop loss or take profit as you like or even back test the strategy with your preferred settings to find what suits you best.
STRATEGY SETTINGS
You can use the strategy script for fine tuning and find best settings for yourself.
If you need any help with settings do not hesitate to ask. I would also appreciate any feedback and ideas how to improve the script.
==== Indicators settings ====
RSI Long < and StochRSI Long <
• used to filter out buy signals of already overbought coins - ( stoch ) RSI must be under set value to fire a BUY signal
RSI Short > and StochRSI Short >
• used to filter out sell signals of already oversold coins - ( stoch ) RSI must be over set value to fire a SELL signal
ADX >
• used to filter out buy or sell signals in ranging markets - ADX must be over set value to fire a BUY or SELL signal
MA Fast and Slow Length
• Two moving averages to indicate an actual short-term trend
Baseline Length & Type
• Baseline is a moving average which confirms the longer-term trend. You can set length and type of the moving average
==== Test period settings ====
• You can set the back tested window
==== Strategy settings =====
• Target Take profit and Stop loss in %
• Only LONG trades – tick if you do not want to calculate SHORT trades in the back test
• Plot key levels on chart – if you use stop loss and/or take profit, you can turn on levels of price to reach (yellow – bought price, red – stop loss – green - take profit)
Back test calculates with commission and fixed order size. You can change these settings on Properties Tab
Bitcoin1% : High Leverage Indicator______________________________________________________________________________________________________________________
NOTE: Bitcoin1% is designed to work EXCLUSIVELY on BYBIT BTCUSD PERPETUAL CONTRACT chart on 1min TimeFrame on regular Candles
______________________________________________________________________________________________________________________
Bitcoin1% is a specialised indicator suite designed to catch 1% Bitcoin moves in either direction for High Leverage Trading.
Example: At 10x leverage catching 1% Bitcoin move will yield 10% profit
__________________________________________________________
Mechanism Of Action:
1. Identify trend: The script observers multiple parameters on higher timeframes to identify general trend & strength.
2. Take position: Once the trend is identified the script intends to take high probability positions for a 1% move in the direction of the trend. Currently there are 21 conditions that use bespoke datasets, along with conventional datasets like RSI , MA, VWAP to filter & identify high probability entries.
3. Take profits: There are total 4 conditions for exits. Partial Exit & Total Exit for both Longs & Shorts. Although we recommend you book profit at 1% change in price of BTCUSD these 4 conditions will offer high volatility exits along the way, should you choose to hold for longer.
4. Evolving: We learn from mistakes when they happen, bad trades are dissected & studied. New conditions get added & bad trades get filtered out through updates. This keeps the script in sync with the market.
__________________________________________________________
Insight: The script performs best in trending markets, so it avoids trading structureless or sideways movement & expects reasonable judgement on the user's part to avoid trading unusual & directionless market conditions.
Trading Mindset: When Bitcoin1% indicates a long trade, it basically says "BTC is more likely to move up 1% than go down 1% form here" : The script only indicates direction of the next 1% which is all you need for High Leverage Trading. You can set target & stop at 1% & try different variations with experience.
Have Questions? Feel free to PM me on TradingView
Smooth Hash RibbonsSame as the popular hash ribbon indicator, but slightly more responsive and with a better smoothing kernel.
BTC-SwingScript is based on SuperRange - evo @EvoCrypto
It's based on highest and lowest candle close from a few bars back.
Removed + added some minor stuff, added alerts and signals
dded a signal line (ALMA)
added options to display EMA 20/50/100/200
use higher timeframe (1D)
[astropark] AltwalkerDear Followers,
since today you can enjoy Altwalker , a new Swing and Scalping Strategy based on a simple trend following theory , mainly designed for Cryptocurrencies, Altcoins and of course Bitcoin.
It works also on all timeframes, but it's suggested to use it on higher ones: 1D - 12h - 6h - 4h , not suggested to use it below 1h-30m.
Based on Moving Average, Altwalker dynamically identifies market resistance and support, so in which trend a cryptocurrency is during time:
green trendline and background means bullish trend , in fact it start with a "buy" signal
red trendline and background means bearish trend , in fact it start with a "sell" signal
if a series of buy and sell appears (this may happen especially in lower timeframes), this mean price is in consolidation or distribution phase, so be prepared for a new trending phase coming soon, always remembering that taking profits is awesome and managing your risk by defining you position size and having a stoploss is a must in trading
Altwalker integrates also 2 special tools besides the trend highlighter:
MoneyFlow Signals , which appear as Red and Green tiny Triangles , highlight when money are starting flowing in (green - bullish sing) or out (red - bearish sign)
Overbought and Oversold RSI Signals , which appear both as darker background (the darker the color, the more the price is in overbought/oversold) and green "ob"-"tp" / red "os"-"tp" labels (they optionally pop up only on a configurable stronger overbought/oversold condition)
You can edit many options in order to
enable/disable showing buy/sell signals
enable/disable showing trendline
enable/disable showing trend as background
enable/disable showing moneyflow signals
edit moneyflow period of analysis (I suggest a number between 70 and 100 in general)
enable/disable showing rsi signals
edit rsi length, overbought and oversold levels
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss (example 150$ from entry on bitcoin) or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution. It's highly suggested to use a proper money management .
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
Here there are some examples how Altwalker works and results you can get following its buy/sell trend suggestions.
LINKUSDT 1D
BNBUSDT 1D
ATOMUSDT 1D
XTZUSDT 1D
ETHBTC 6h
XBTUSD 1D
XLMUSDT 1h
VETBTC 6h
LTCBTC 6h
Here there are some examples how MoneyFlow signals give you a nice insight on near future trend - "Follow The Money" .
ETHUSD 1D
ETHBTC 1D
This is a premium indicator , so send me a private message in order to get access to this script.
BTC Volatility Index[Benson]This indicator is for choosing the best timing to long BTC move future on FTX.
The basic idea is that when BTC's price volatility Index is relatively low(under 50 in 4hr timeframe or under 200 in D timeframe), it's more likely to have huge volatility afterwards, which it's a good time to long BTC's move future.
Green background --> Move future expected strike price
Red background --> Good timing to long BTC move future
[astropark] Volume that mattersDear Followers,
does volume say something about market makers and what will happen in near future?
Today a new Price Action Tool , the "Volume that matters" indicator.
When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume!
Specific Volume spikes happen as
reactions at support or resistance range , as well as at supply and demand zones
market makers' actions
trend switching in short-term and mid-term future
They can be both bullish or bearish , but the real problem is that not all, but only a few volume candle matters ! And this tool will filter them for you.
This indicator works
on every timeframe (eg. 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...), the higher, the better!
on cryptocurrencies (eg. XBTUSD, ETHUSD, ETHBTC, both USDT and BTC markets, ...)
on forex (eg. EURUSD, GPBUSD, JPYUSD, ...)
on stocks (eg. AMZN, FB, TSLA, GOOG, NFLX, ...)
on commodities (eg. GOLD, SILVER, OIL, ...)
This indicator has following options:
edit volume filter and period analysis
edit filter based on fixed or percentage volatility change
edit filter based on candle value size
show a suggestion of possible entries and stoploss
You can enhance your trading by using it together with my "Engulfing that matters", my "Pinbar that matters" and my "Breaker Blocks (BB) and Supply/Demand Order Blocks (OB)" indicators, so you can easily spot confluences and have more confidence in trades.
Here my Engulfing that matters indicator
Here my Pinbar that matters indicator
Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator
Here below some examples on how to use the indicator.
BTCUSDT 1D
ETHUSD 4h
LINKBTC 1h
EURUSD 4h
AMZN 1h
XAUUSD 4h
Here below an example of suggested entries and stoploss
This is a premium indicator , so send me a private message in order to get access to this script .
MultiWave v2 | CryptoProToolsThis is a release highly requested in our Discord server.
Finally we have an update / official release of our original MultiWave indicator
On top of the standard signals (displayed as the dots on chart) and alerts we now also have "trend signals" with various options (displayed as the triangles on chart).
These new trend signals still use the same multi wave algorithm but trigger differently for some quite nice results.
Also added the option for smoothing on all three wave plots. There are 10 levels of smoothing to choose from and each plot can be tuned with different levels of smoothing.
For access and further information about this or any of our other indicators please click the link to our website below.
EMA Slope Cross Trend Follower StrategyThis strategy uses the cross of the slopes of two EMAs having different lengths to generate trend follower signals. By default, I use 130 and 400, which behave very well.
The conditions which make the strat enter the market are:
- Fast Slope > Slow Slope and price > EMA 200 : go Long
- Fast Slope < Slow Slope and price < EMA200 : go Short
The simple slopes cross in the opposite direction, closes the position.
The strategy performs best on Bitcoin and the most liquid and capitalized Altcoins, but works greatly on volatile assets as well, in particular if they often go trending.
Works best on 4h time frame.
There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the strategy inputs. The purpose is not opening positions if price is going sideways and the noise is way > than the signal.
Enjoy it!
Attributable VolumeA volume indicator which calculates "Attributable Volume”, the portion of volume which contributed to the direction in which the candle moved.
Attributable Volume is calculated as: Total volume excluding the "counter wick" volume.
Where for a green (up) candle, the "counter wick" volume is the top wick volume.
In theory, Attributable Volume should better represent the effort of directional thrust of each candle.
By default, this indicator displays “Attributable RVOL”, but can be set to:
Attributable RVOL
RVOL
Attributable Volume
Volume
Note: RVOL = Relative Volume, the current volume divided by the Volume moving average. RVOL can be used to identify major moves, and potential starts/ends to trends.
MAPS - Momentum ConsensusA re-imagining of Bill William's well known Awesome Oscillator. This indicator works similarly to Bill's but from my experience, it's able to detect divergences more frequently and with better accuracy.
Use the link below to obtain access to this indicator
