Only for Bitcoin!
This indicator locates weekly gaps created by the CME Futures market for Bitcoin.
As you can see, Bitcoin tends to close the weekly gaps created in the futures market so I thought this could be a very useful tool.
Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear.
I didn't see this one already it isn't my original idea either. I pulled the formula's from an article on medium, I also added few bear market bottom fib indicators.
Credit to the article I pulled the formula from.
The Golden Ratio Multiplier
Unlocking the mathematically organic nature of Bitcoin adoption
Go to the profile of Philip Swift (@PositiveCrypto)...
This script is based on the great Ricardo Santos InfoPanel script
It will display all the Bitcoin prices
The script is public so you can adjust according to your own needs
You might have to scroll right on your chart to see the panel
This Script plots the BTC Dominance chart in an indicator window, so you don't have to bother with tabs as much when doing your analysis.
tips are always welcome at: (38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4)
I hope you enjoy the script :)
This is a simple strategy based on the Stochastic Oscillator: stockcharts com/school/doku.php?id=chart_school:technical_indicators:stochastic_oscillator_fast_slow_and_full
Its purpose is to gradually build a position in a trending market (as of June 26th 2016 in most cryptocurrencies).
- direction (long/short)
- close positions...
The plotted line is a percentage of the top 40 Coins being above or below their 3D MA which equates to a good potential time to load up/unload alt coins.
Can also been seen as the general overall market condition.
Originally made by M59 v1 (thanks for your work buddy)
+Tickers updated by fontana82 v2 (appreciated)
+Updated to my 'EZ mode' (bgplot and...
Tested the combined indicator
2985% net profit vs 1094% buy and hold return for Bitcoin. That is 29x investment net profit vs 10x buy and hold on bitcoin.
Sharpe Ratio at 0.702
Profit factor at 1.914
Max Contract Held: 10 (10x leverage)
Max Drawdown: 21.48%
I found this useful tool among the indicators but it wasn't doing the correlation study correctly.
Everything in markets, with only a few exceptions, are rising in value over time and therefore trended to time. The simplest method I found is to use link relative or first difference detrending, before calculating a correlation between assets.
I also updated it to...
This indicator is used to divide two assets between them. Why you would ask ?
For instance, in crypto trading, traders often look at the ratio Longs/Shorts or Shorts/Longs to figure out which side is leading the market and use this information as a powerful hedge for their next trade