PROTECTED SOURCE SCRIPT
Market Reader
업데이트됨
Introducing a leading proprietary tool that integrates four distinct indicators, each redefined to eliminate noise and provide the most accurate signals. This tool is designed to leverage momentum for effective trading strategy development and decision-making.
Momentum Waves:
These waves highlight the short-term momentum in the market, offering insight into immediate market behavior. The strongest signals are observed from divergences between price and momentum waves and the 'Anchor-Trigger' strategy. The latter is characterized by a large momentum wave followed by progressively smaller waves, often signaling a potential shift in price trends.
Money Flow:
Authored by myself, this tailored indicator reflects the long-term trend by tracking whether money is flowing into or out of the asset. Observing the direction of the money flow and watching for crossovers can provide compelling signals for the initiation or culmination of a trend.
Dual RSI:
This tool incorporates two custom-adjusted RSIs to gauge the strength of the trend. When both RSIs align, it typically indicates a robust trend. When they diverge significantly, it suggests a weaker trend likely to revert to its mean soon.
Histogram:
histogram to identify 'momentum clips', bullish momentum with positive values and bearish momentum with negative values.
When all indicators align in one direction, the market price is highly likely to move in that direction. This makes the tool a leading indicator in predicting price movements.
Market Manipulation Detection:
This tool also incorporates an innovative algorithm that identifies sudden, significant changes in trading volume coinciding with price movements, indicating potential market manipulation. This feature helps traders exercise caution in volatile market conditions.
Oversold Crossover with Volume Confirmation (Yellow X and Downward Triangle):
These symbols are indicators of a potential top or bottom, but they are not standalone signals. They are most effective when used with divergence in the momentum waves as additional confirmation.
Blood Diamond: This is another significant feature in the tool. Blood Diamonds are major reversal signals that appear at market tops or bottoms, and they signal that a reversal in trend is likely.
Traders should avoid relying solely on one signal. Decisions should be based on a combination of several signals. Furthermore, different time frames should be examined for a broader market perspective. High time frames can identify the general trend, while lower time frames can offer precise entry points for trades.
While this tool provides various indications and insights, users are encouraged to use it as part of a broader, diversified trading strategy. Due to the unique combination of features and the proprietary nature of the algorithm, the source code is not publicly available.
This tool does not claim to guarantee profits but aims to provide traders with unique insights that can enhance their trading strategies.
Momentum Waves:
These waves highlight the short-term momentum in the market, offering insight into immediate market behavior. The strongest signals are observed from divergences between price and momentum waves and the 'Anchor-Trigger' strategy. The latter is characterized by a large momentum wave followed by progressively smaller waves, often signaling a potential shift in price trends.
Money Flow:
Authored by myself, this tailored indicator reflects the long-term trend by tracking whether money is flowing into or out of the asset. Observing the direction of the money flow and watching for crossovers can provide compelling signals for the initiation or culmination of a trend.
Dual RSI:
This tool incorporates two custom-adjusted RSIs to gauge the strength of the trend. When both RSIs align, it typically indicates a robust trend. When they diverge significantly, it suggests a weaker trend likely to revert to its mean soon.
Histogram:
histogram to identify 'momentum clips', bullish momentum with positive values and bearish momentum with negative values.
When all indicators align in one direction, the market price is highly likely to move in that direction. This makes the tool a leading indicator in predicting price movements.
Market Manipulation Detection:
This tool also incorporates an innovative algorithm that identifies sudden, significant changes in trading volume coinciding with price movements, indicating potential market manipulation. This feature helps traders exercise caution in volatile market conditions.
Oversold Crossover with Volume Confirmation (Yellow X and Downward Triangle):
These symbols are indicators of a potential top or bottom, but they are not standalone signals. They are most effective when used with divergence in the momentum waves as additional confirmation.
Blood Diamond: This is another significant feature in the tool. Blood Diamonds are major reversal signals that appear at market tops or bottoms, and they signal that a reversal in trend is likely.
Traders should avoid relying solely on one signal. Decisions should be based on a combination of several signals. Furthermore, different time frames should be examined for a broader market perspective. High time frames can identify the general trend, while lower time frames can offer precise entry points for trades.
While this tool provides various indications and insights, users are encouraged to use it as part of a broader, diversified trading strategy. Due to the unique combination of features and the proprietary nature of the algorithm, the source code is not publicly available.
This tool does not claim to guarantee profits but aims to provide traders with unique insights that can enhance their trading strategies.
릴리즈 노트
added additional filter for Blood diamonds, can be turned on or off in settings릴리즈 노트
calculation fix for Moneyflow릴리즈 노트
added input for MFI multiplier릴리즈 노트
- New MFI calculation for better visibillity and signals- Bug Fixes
릴리즈 노트
-릴리즈 노트
bugfix in mny flow릴리즈 노트
Chart Updated
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.