Vision is an advanced momentum oscillator that visualizes momentum strength with overbought and oversold readings.
Features
Momentum Waves
Divergence Detection (regular and hidden divergences)
Detection for momentum shifts (detects higher lows/lower highs on the oscillator)
Detection for momentum stagnation
Moneyflow
Most important: Our Custom Strategy Builder
Custom Strategy Builder The custom strategy builder is a framework that allows you to easily create custom strategies.
1. Configure long/short conditions Pre-defined conditions for custom timeframes, under which you're looking to potentially enter a trade.
2. Configure trigger Select a trigger (e.g. "Wave Cross" or "Wave Lower High") to generate labels/alerts for potential entries, whenever long/short conditions are met.
3. Configure Take Profit Conditions Potential Take Profits are triggered by momentum stagnation.
4. Backtest your strategy By using our open-source backtester script (published on our profile).
5. Trade responsibly Manually review each signal/alert before taking any actions.
Note: The "Strategy Backtest" input section can also help you develop your strategy.
Usage You can use this indicator to follow the trend, detect momentum shifts or memorize patterns. Take a systematic approach by using our strategy builder.
Access to this indicator can be obtained through our website.
Release Notes
Reworked inputs -reduced complexity of strategy builder -reworked strategy builder
Release Notes
Fixed an input issue that would stop you from adding Vision to your chart
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact WhaleCrew for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Access to this indicator can be obtained through our website.
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.