Market Monster combines over 30 years of trading experience and dozens of indicators into one comprehensive package. It is the single best, most versatile indicator specially designed for Bitcoin but usable in all financial markets. The Market Monster does the majority of the leg work in interpreting the data, spitting out various symbols which will guide your trading. Not only will the Market Cipher give you strong hands in a volatile market, it will also call every top and bottom and warn you of price traps. Whether you prefer oscillators, lines, or examining moving averages, the Market Monster caters to all styles of trading while interpreting all of the data for you.
MarketMonster-B is an all-in-one oscillator allowing for more quality indications than ever before. It combines five algorithms (some well-known, some custom) that have all been fine-tuned and smoothed for optimal analysis and trading results. When all of the algorithms converge, MarketMonster-B will project a “Green Dot & Blue Diamond" which will aid you in longing the dips in bull markets as well as temporarily exiting shorts in bear markets. The Green Dot is often accompanied by extreme sellers’ momentum and will warn you of potential market bottoms, giving you strong hands even when the night is at its darkest. MarketMonter-B certainly excels on the small time frames, but is a particularly deadly tool for isolating large swings in the market.
*6 Oscillators optimized and consolidated into one
*Green dot market bottoms
*Ultimate market barometer and trade initiator
*Recommended candles: heiken ashi or standard
*Red dot market top.
Green Dots – Leading buy signals that excel in sideways and upwards trends.
Red Dots - Leading sell signals that excel in sideways and downwards trends.
Blue Waves – You are looking for overbought and oversold readings for the most part here, but to get the most out of these waves.
Divergence - spot divergent price action which often foreshadows a future price move.
Yellow – We have incorporated the into an oscillator. It is the easiest algorithm on B to read. When it crosses up, you are long until the next cross down. When it crosses down, you are short until the next cross up.
– The custom oscillator gives a great visual of market conditions. When it is green, we say the grass is growing, the Bulls are grazing, and the strategy is to buy dips. When the is red, buyers are dead, and the prevailing strategy is to short the peaks. You can filter many bad trades by paying attention to the .
– The misses many opportunities on its own, but when used in tandem the other oscillators in B, can provide an extra layer of confidence via overbought and oversold readings.
– The is an indicator of an indicator. When it crosses the regular , it paints green or red, signaling a or cross. No more manual scanning for crosses! These events have greater importance on higher timeframes where the often paints red or green for weeks or months at a time. When the change in color finally occurs, that can be a strong indication to long or short.