OPEN-SOURCE SCRIPT
Comprehensive Trading Toolkit [BigBeluga]

Trading Toolkit [BigBeluga] is a comprehensive indicator inspired by the trading strategies of the renowned crypto influencer Michaël van de Poppe. This tool combines RSI divergences, correction zones, and advanced support/resistance levels to provide traders with a robust framework for analyzing market movements.
🔵Key Features:
🔵Usage:
Trading Toolkit empowers traders with actionable insights into market trends, corrections, and support/resistance dynamics, making it an invaluable tool for crypto and forex markets.
🔵Key Features:
- RSI Divergences on Chart:
- Automatically identifies and plots RSI divergences (bullish and bearish) directly on the main price chart.
- Green lines indicate bullish divergences, suggesting potential upward reversals.
- Red lines indicate bearish divergences, signaling possible downward movements.
- Correction Boxes:
- Traders typically define a correction as a drop in value of 10% or more. This drop can happen over a few hours or a few days. Also, it can last for less than 24 hours or many months.
- This indicator visualizes corrections with blue shaded boxes, triggered by a percentage decline defined in the settings.
- The boxes highlight sharp price drops, helping traders identify significant market movements quickly.
- Advanced Support and Resistance Levels:
- Dynamically detects key support and resistance levels based on price pivots.
- When the price is above a level, it plots a green shaded area from the cross point, marking support.
- When the price drops below a level, it plots a red shaded area, highlighting resistance.
- Dashed lines indicate weaker levels, while solid lines represent stronger, more reliable levels.
🔵Usage:
- Identify Divergences: Use plotted RSI divergences to detect potential market reversals and align them with price action.
- Analyze Correction Zones: Utilize correction boxes to evaluate significant price declines and find potential buying opportunities during these corrections.
- Leverage Support and Resistance Levels: Confirm breakouts, reversals, or consolidation zones with the color-coded areas.
- Enhance Risk Management: Combine divergences and correction zones to set informed stop-loss or take-profit levels.
Trading Toolkit empowers traders with actionable insights into market trends, corrections, and support/resistance dynamics, making it an invaluable tool for crypto and forex markets.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.