OPEN-SOURCE SCRIPT
Updated [blackcat] L3 Whale Sniper
Level: 3
Background
This indicator is my attempt to sniper whale fund in short-mid time frame.
Function
The major part of this indicator is a novel trend oscillator which can use to detected oversold and overbought. With this kind of feature, a whale sniper model can be built for the condtion is after a panic rolling off of price into oversold zone, a sniper zone may happen in advance of whale fund. The yellow color zone is the whale sniper zone indicator, along with a standard long position set up zone with lime color background color. NOTE: when yellow and lime color overlay which indicates a resonance happens. This is a kind of signal with higher confidence level of buy!
Inputs
Sinper Factor --> Default 5.
Key Signal
Trend --> trend oscillator output
Trend(1) --> trigger sgnal for trend ocillator
Yellow bgcolor --> whale sniper zone
Lime bgcolor --> standard long oppotunity zone
Remarks
This is a Level 3 free and open source indicator.
Feedbacks are appreciated.
Background
This indicator is my attempt to sniper whale fund in short-mid time frame.
Function
The major part of this indicator is a novel trend oscillator which can use to detected oversold and overbought. With this kind of feature, a whale sniper model can be built for the condtion is after a panic rolling off of price into oversold zone, a sniper zone may happen in advance of whale fund. The yellow color zone is the whale sniper zone indicator, along with a standard long position set up zone with lime color background color. NOTE: when yellow and lime color overlay which indicates a resonance happens. This is a kind of signal with higher confidence level of buy!
Inputs
Sinper Factor --> Default 5.
Key Signal
Trend --> trend oscillator output
Trend(1) --> trigger sgnal for trend ocillator
Yellow bgcolor --> whale sniper zone
Lime bgcolor --> standard long oppotunity zone
Remarks
This is a Level 3 free and open source indicator.
Feedbacks are appreciated.
Release Notes
correct logoOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.