WizeDec

WizeDec Indicator

WizeDec Updated   
This script indicates possible profitable entry and exit points.
Entry points are indicated with blue stars at the bottom and possible exit points are seen as yellow stars at the top. Blue stars appear when there is a possible new low and yellow stars appear when there has been a possible high.
This indicator includes many presets for different pairs and timeframes that can be seen at the end of the chart. This indicator is mainly used to trade cryptocurrency against TetherUS buy may show desirable results using other pairs as well, although it is not recommended to use a preset on a timeframe or pair that it is not meant for. The presets may be updated and changed in the future.
Release Notes:
Some bug fixes
Release Notes:
Some bug fixes.
You can find trading combinations on WizeDec webpage.
Release Notes:
The new update includes the option for stoploss and take profit. Another added feature "Price Drop Check" allows the user to keep out of the market, if the price has dropped severely over a set amount of candles.
Release Notes:
The latest update features the option to sell with profit only and choose between using trailing stop loss or regular stop loss. An option of force selling after an x amount of bars is also added to keep bad trades from staying open too long and keeping other profitable trades from opening. This works great with sell profit only. We also modified the stop-loss and take profit features to make sure they work reliably.

WizeDec now has the following features:
• 32 different presets to show possible pivot points in the market
• ‘Sell Profit Only’
• ‘Stop-Loss’ or the option to use ‘Trailing Stop-Loss’ instead
• ‘Take Profit’
• ‘Force Sell After X Bars’ to keep bad trades from staying open for too long
• ‘Price Drop Check’ to keep out of the market if the price has taken a huge fall
Release Notes:
Added the option to short and with it the option to choose the preset separately for short and long.

You can now choose to only long, short or do both at the same time. Additional functions - Stop-Loss, Trailing Stop-Loss, Take Profit and Sell Profit Only - work with both long and short deals.

Removed ‘Price Drop Check’.
Release Notes:
Fixed Force Sell Bug
Release Notes:
Changed UI
Release Notes:
Added the option for Trailing Take Profit, which allows the user to ride along with the profit until a predetermined price drop has been reached. This means that you can ride with trending markets until the price drops again.

Also added the option to turn off the sell signals, which allows you to play with only the extra features - 'Force Sell', 'Take Profit', 'Trailing Take Profit' & 'Stop Loss'.

For more information visit WizeDec homepage
Release Notes:
Bug fixes
Release Notes:
Fixed 'Trailing Take Profit' and improved 'Trailing Stop-Loss'
Release Notes:
Fixed Alert Conditions

Invite-only script

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 WizeDec 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.

Disclaimer

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