CryptoKiller Oscillator
CryptoKiller Oscillator provides entry points to the CryptoKiller trading system.
The oscillator consists of 3 lines: "explosion" set to 0; "Uptrend" at the bottom and "Downtrend" at the top.
When one of the two lines identifying the uptrend or downtrend crosses the Explosion line (it affects only the crossing, not the permanence that occurs after the crossing of the trend line on the other side) there is a large probability that the price range is changing in the direction given by the oscillator.
The oscillator does not detect trend changes, but rather reveals the presence of tail events in a given direction, usually in trendfollowing (short term trend).
You can see how when Uptrend or Downtrend are away from Explosion, they have larger movements, and then reduce these movements the closer they get to the Explosion line set to 0.
If the trend is really strong, such that there is a great chance of breaking the price ranges that have been trading up to a certain point, there will be a crossing of one of the two lines indicating the trend on the Explosion line.
The tails events that are detected by the oscillator constitute the entry points of the CryptoKiller strategy.
The CryptoKiller strategy to provide the entry and exit points incorporates this oscillator in its script for obvious reasons, but we believe that by using this strategy, it is necessary to provide the oscillator to the user, so that the user can know in advance when he will have to pay a little more attention to the chart.
Access to CryptoKiller Oscillator is granted together with access to CryptoKiller (see among other published scripts).
The oscillator consists of 3 lines: "explosion" set to 0; "Uptrend" at the bottom and "Downtrend" at the top.
When one of the two lines identifying the uptrend or downtrend crosses the Explosion line (it affects only the crossing, not the permanence that occurs after the crossing of the trend line on the other side) there is a large probability that the price range is changing in the direction given by the oscillator.
The oscillator does not detect trend changes, but rather reveals the presence of tail events in a given direction, usually in trendfollowing (short term trend).
You can see how when Uptrend or Downtrend are away from Explosion, they have larger movements, and then reduce these movements the closer they get to the Explosion line set to 0.
If the trend is really strong, such that there is a great chance of breaking the price ranges that have been trading up to a certain point, there will be a crossing of one of the two lines indicating the trend on the Explosion line.
The tails events that are detected by the oscillator constitute the entry points of the CryptoKiller strategy.
The CryptoKiller strategy to provide the entry and exit points incorporates this oscillator in its script for obvious reasons, but we believe that by using this strategy, it is necessary to provide the oscillator to the user, so that the user can know in advance when he will have to pay a little more attention to the chart.
Access to CryptoKiller Oscillator is granted together with access to CryptoKiller (see among other published scripts).
Release Notes:
The parameters for the individual strategies ETHUSDTPERP 30 min and BTCUSDTPERP 30 min have been added by default. The possibility to customize parameters has also been added.