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MarketMonster A,B,SR - Access now on your TradingviewMARKET MONSTER IS THE ALL-IN-ONE MOST PROVEN SET OF TRADING INSTRUMENTS FOR TRADERS 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 Monster 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, support and resistance lines, or examining moving averages, the Market Monster caters to all styles of trading while interpreting all of the data for you. ---------------- The MarketMonster Indicator Pack is a pre coded tuned version of indicators with accurate signals and added divergences. MarketMonster Indicators are built over multiple indicators and ajusted how we like it with a nice design which gives some flare. Layering the Indicators came from the original concept created on MarketMonster however all the indicators are free indicators on Trading View then re-coded how we like it. MarketMonster (A) (B) & S/R Use a list of modified Indicators plus some hidden to avoid a total mess. Here is an list of most of them. (Wavetrend , VWAP , MFI , RSI , Stoch & Divergence.) MarketMonster-A is an EMA ribbon comprised of 8 EMAs that are blue/white during a bull market and gray during a bear market. The intersections of these lines can be very strong lagging indications, so we have programmed MarketMonster A to project symbols which correspond to various indications so you don’t have to manually interpret each bullish or bearish cross. It also gives a great visual of the trend, supplying you with strong mathematical support or resistance. MarketMonster-A was made to easily analyze, isolate, and anticipate macro trends. Key Features: * EMA Ribbons * Symbolic Guidance * Helps you identify and understand your trading environment * Recommend Candles: Heiken Ashi. 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. Key Features: *6 Oscillators optimized and consolidated into one *Green dot market bottoms *Ultimate market barometer and trade initiator *Recommended candles: heiken ashi or standard candlesticks *Red dot market top. Primary Triggers: 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 VWAP – We have incorporated the VWAP 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. Secondary Triggers: MFI – The custom Money Flow 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 MFI 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 MFI . RSI – The RSI 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. Stochastic RSI – The Stochastic RSI is an indicator of an indicator. When it crosses the regular RSI , it paints green or red, signaling a bullish or bearish cross. No more manual scanning for RSI crosses! These events have greater importance on higher timeframes where the Stochastic RSI 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. Divergence Line -The Bearish divergence is the pattern that occurs when the price reaches higher highs, while the technical indicator makes lower highs. Although there is a bullish attitude on the market, the discrepancy means that the momentum is slowing. Therefore it is likely that there will be a rapid decline in price. -The Bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
BYBIT:BTCUSD.P
by TheTradingWhales
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