Euphoria

Market Euphoria Index - MEI 1. The Three Core Factors The script measures market sentiment by evaluating three different "factors" of price action and assigning a score from 0 to 100 for both Euphoria and Panic. RSI Factor (Momentum Extremes): It checks if the traditional RSI is overextended. If RSI is above 70, it scales the value into an Euphoria Score. For example, an RSI of 85 will have a higher Euphoria score than an RSI of 75. If RSI is below 30, it scales into a Panic Score. VWAP Stretch Factor (Overextension):

Indicator

Mr Renev Dump alert Here is a script to know when big dumps, and pumps, are happening. Meant for crypto (I know that's what most people are interested in - it's a mistake) and small caps. Might work for other things have not checked. With some random small cap:

Indicator

Wall Street Cheat Sheet - Live and Death Run Hi, This script was inspired by Wall Street Cheat Sheet and a video published by "Gold 2020 Forecast" www.youtube.com . I was trying to check if what the video claims as a unique pattern is true. It looks like - either my script is rubbish (which might be as it's one of my first scripts in this programming environment) or this pattern it's not identified correctly. In general this script should idnetify the euphoria phase on the market (1 or 2 down candels followed by 6 to 8 up) or the end

Indicator

by CryptoTradersPL

[STRATEGY] Follow the Janet Yellen In the era of central bank's helicopter money, the market will always be skyrocketing up and up given enough time. What's the strategy to profit from indices? Only short the market when its in a state of euphoria /irrational exuberance bubble, or sell when it is confirmed (20% drawdown). Otherwise, you really have no reason not to long at every chance. Conclusion: Follow the printing press like a sheep.

Strategy