These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance. The basis is calculate off of the Volume Weighted Moving Average. The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
Yellow Crosses mean both shorts and longs are increasing market is getting volatile
Gray Crosses means margin traders undecided on that candle
Green Crosses mean longs are increasing and shorts are being pulled out
Red Crosses mean Longs are being pulled out and shorts being put in
RSI of Longs and Shorts used.
Hope the indicator helps you in anyway.
Only works for BTC.
I seldom prefer the strategy version ,As you have requested to share the backtest results sharing the details here for your info only. to check how the "LongBuyLongsell" indicator is working.
BTCUSD 30min time frame used ,Tested with Forex ,Equity results are >80% when right entry is predicted.
This is, published to show only the test results of the original ...
Rank Correlation Index ＝ RCI
Charles Edward Spearman( September 10, 1863 - September 7, 1945 )
Spearman's rank correlation coefficient
It is based on mainstream setting
（ Setting based on correct calculation formula ）
will buy when it falls to -80% or -90%（Green dotted line）
If the price rises to + 90% or...
These Bollinger Bands are exponential because the variance is calculated using the exponential moving average, rather than just adding the normal standard deviation to the ema. This may be more useful because the exponential standard deviation should be more sensitive to near term increases or decreases in volatility.
Please do not forget that Bollinger Bands...
You can use this oscillator to determine whether it is oversold or too bought
Easy to judge by ribbon belt.
A buying and selling arrow is displayed,
but it is displayed only under certain conditions.
Please judge as appropriate by watching brown lines.
As requested -
Backtest Market God with different settings and adjustments to make as you like.
Also, this is the majority of the script. Leaving public on purpose.
Will be working on blog + tutorials in near future
Tips can be sent to
BTC ) 3KtXXkwKnv3tarRx6ttntu633aantJFZLS
theMegalodon looks for the institutional finger prints, the whales or the big boys.
theMegalodon is really simple to use.
theMegalodon combines the 8 different unique indicators, that each have almost perfect success rate.
theMegalodon works with any kind of market state, any kind of trading, and any kind of asset.
theMegalodon has more features...
- WHAT: This creates an alert that will trigger JUST AFTER 1 Renko bar changed direction. This way you can capture direction swings. BLUE spike is long. RED spike is short.
- PLAY AROUND WITH: Renko brick size & TradingView Timeframe (for timeframe less than 1 day you d need to pay for the TV Pro subscription. Its ok, support them, they are good people with...
Extension of Market God Indicator, but slightly superior in its application to trading. Utilizes the Ichimoku buy and sell trading signals as defined on investopedia.com and uses combined components with KDJ indicator for improved accuracy.
All chart types
Visual cloud can be turned off. Leaving script open for all to add to/grow...
I've been working on a top and bottom picker script over the past couple of weeks, based on RSI of multiple timeframe closing price. It've been a pretty good trading system that's tested over the last meteoric rise from 220~270 and back down to 230 right now, and I think it should be released to the community.
Sure, I'm not worried about this strategy not working...
DepthHouse - Longs vs. Shorts is a FREE INDICATOR
A very simple indicator that measures the number of Bitcoin Longs and Shorts active in the market.
To help keep these FREE indicators coming:
Please like and comment!
Check out my channel on YouTube! youtu.be
Bitcoin and Ethereum Donations are always appreciated :)
UPDATED! This moving average can now be applied to any Crypto-currency and ANY time-frame!
Request use in the comments :)
This moving average is adjusted to give weight to the performance of the 6 largest Cryptocurrencies by market-cap.
This is the Crypto-Index that affects the moving average.
WHAT IT DOES
Bitcoin is listed on multiple exchanges. Many people have called for a single global index that would quote BTC volume across all exchanges: this script is such a virtual volume aggregate of the 17 largest fiat exchanges on TradingView (listed in the script comments, and in Format > Inputs for you to...
This indicator uses machine learning (Artificial Intelligence) to solve a real human problem.
The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving average lengths works best in combination with each other.
A reason for this is because no two moving averages are always going to be the best on...