QFT Crypto Bottom Feeder

This indicator is intended to be used with alerts and Autoview for buy signals. I do not have sell signals enabled at the moment. The goal is to catch the bottoms of markets swings. I use this for 1,3 and 5 min charts for small %s. You can adjust the base sensitivity as well as how far down it's looking to buy. Defaults are 3 candles for bases/resistance, .20% below base for buys. The buy plots are absolute locations - so where they lie, is where the buy signal will execute.
*5 layers instead of 1 layer
*Script now looks for the lowest layer set for buy alert to fire.
*Toggle switch for additional layers
*Instead of manually entering every layer, it now auto calculates even layers based on the average % you put.
For instance: avg base crack = 5% - layer 1 = 1%, layer 2 = 2%, layer 3 = 3% etc
Another Example: Avg base crack = 10% - Layer 1 = 2%, layer 2 = 4%, layer 3 = 6% etc
How you use this is entirely up to you. I just play around with these alert signals for testing profitability. If you use this for buying alerts, you're using them at your own risk.
- Potential long movements are signals buy a LONG signal
- Potential Short movements are signals buy a Short signal
- Possible trend reversals
- Break out signals
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Kuklaph directly.
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Kuklaph directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.