[Trendycator] Peak Bottom indicator

2023년 5월 18일

The Peak are the points at the positive extremes in which the asset shows a particular tension on prices, and vice versa the Bottom are the points at the negative extremes of the asset being examined.

Peak and Bottoms are directly linked with Trendycator Oscillator: first because they are derived from Oscillator, and second because better usage is in union of two.
Peak and Bottom can be also shown as End_Peak and End_Bottom; in this case the calculation is a bit different and indicate more significant signal.

Usage details
Trendycator Peak and Bottom works in same way in every asset (stock, future, index), in every time-frame.

• Peak and Bottom can be used as Money Management indication.
  

Bottoms and peaks help investor/trader decide how much capital to enter a position with: in fact, as a general rule we can assume that an entry following a Bottom is more significant than one near the market highs.
It does not mean that we cannot enter long on the highs, because we know that a trend can always regain strength and exceed the previous highs.
But, in this case, investor/trader can use less capital.

• -Bottom and Peak as trend reversal
  

Good usage is together with positive or negative diverging oscillator check.
See below some usage examples.

Usage examples

Here you can see an example of divergency on Index.
Note how was very clear indication the leak of strength on 2021 before the international crisis and how the Oscillator was in advance to highlight the leak of strength.


Here you can see how it was accurate the indication in Bitcoin.


Here you can see a bit different example in Eur/Usd.
In first part of downtrend a lot of Bottom and End_Bottom went in sequence with Oscillator already in divergence.


Example of End_Peak on Index


Example of End_Bottom on NG


Example of End_Bottom on Cocoa


Example of End_Bottom on Bond ETF


Settings
Trendycator Peak and Bottom has no possibilities of settings.

Conclusion

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