[blackcat] L3 Banker Fund Breath Oscillator

2021년 7월 29일

Level: 3

Background

I have been working on studying Banker Fund's behavior and have also released some technical indicators. Among these, I liken the cyclical behavior of Banker Fund to breathing. From the perspective of technical indicators, this behavior is actually more like an oscillator of large capital flows. So, I named this indicator: (blackcat) L3 Banker Fund Breath Oscillator


Function

(blackcat) L3 Banker Fund Breath Oscillator is bounded by the zero axis. When the indicator line is above the zero axis, it indicates that there is an inflow of large funds, or it is called the inhalation of banker funds. On the contrary, when the indicator line is below the zero axis, it indicates that there is an outflow of banker funds, or it is called the exhalation of banker funds. It is worth noting that the starting point for banker funds to flow in or out does not necessarily start at the zero crossing point.

In order to more clearly express the starting point of banker fund inflows and outflows, I use gradient colors to indicate the flow of funds. Yellow means fund inflow, fuchsia means fund outflow. When the yellow color above the zero axis begins to change to fuchsia, it is the transition point where funds change from inflow to outflow. When the fuchsia below the zero axis starts to change to yellow, it is the transition point where the funds change from outflow to inflow. Amplitude indicates the intensity of fund inflows or outflows. Therefore, you can observe the divergence of banker fund flow to judge the trend of subsequent fund, or the trend of prices.

Finally, this indicator can work in a very small time frame to provide some information ahead of price movements.

Inputs

WMA Filter Length --> WMA filter length definition
Trend Step Resolution --> Define trend step value for banker fund output
Number of Sum --> Banker fund model input, which will influence banker model accuracy.
Color Breath Lookback --> The larger value, the more blur of transition point for inflow and outflow.

Key Signal

fundbreath --> Banker fund breath output with color gradient

Remarks

This is a Level 3 free but closed source indicator.

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