High-Low- Signal (Expo)

2019년 12월 9일

High-Low-Signal (Expo)


DESCRIPTION

This simple but powerful High-Low indicator plots price extremes. Either it’s an exhausting sign or a continuation sign of the trend. The color of the cloud determines the trend, and the height of the peaks determines the strength in the price moves. You can easily compare current peaks with historical ones to understand the current dynamics and what might happen next.

This indicator is a must if you want to understand price dynamics in the market. The indicator is perfect to combine with other indicators to confirm the signal.

For example:

Combine it with trend lines/Channels/Bollinger Band, you name it! If the indicator peaks in conjunction with that the price reaches a trend line/Channels/Bollinger Band. It's a great sign!


HOW TO USE

1. Look for a signal

2. Identify the color and height of the peak. Compare it to historical ones to get an understanding of the current market dynamics.

3. Combine the indicator with e.g. trend lines/Channels/Bollinger Band

4. Consider Enter the market.



INDICATOR IN ACTION


BTCUSD



BTCUSD



BTCUSD



Wall Street



EURJPY



EURUSD



GOLD




I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes!

2020년 9월 30일

릴리즈 노트

Improvements!

• Volatility filter added!
  

2021년 1월 11일

릴리즈 노트

Improvements!

• Alerts Added
  

2022년 9월 5일

릴리즈 노트

Improvements!

5월 13일

릴리즈 노트

█ Overview
The Dynamic WaveTrend & MoneyFlow (Zeiierman) indicator is a versatile market analysis tool designed to capture momentum shifts, trend strength, and capital flow dynamics in real-time. It adapts to changing market conditions, providing traders with a comprehensive view of market structure, trend momentum, and volume pressure.

█ Key Features
⚪ Dynamic WaveTrend Logic

• Impulse Wave: Fast-reacting wave that captures sharp price movements and initial trend shifts.
  
• Momentum Wave: Slower, more stable wave that confirms broader trend direction and market sentiment.
  
• Quick Wave: A high-speed component designed to highlight rapid price changes and short-term volatility.
  
• Overbought/Oversold Levels: Built-in thresholds for identifying potential market exhaustion and reversal points.
  

⚪ Money Flow Analysis

• Leading Money Flow: Tracks short-term capital flows, providing rapid feedback on market pressure.
  
• Trend Money Flow: Focuses on longer-term capital trends, offering a more stable view of broader market sentiment.
  
• Customizable Sensitivity: Easily adjust the period lengths for both fast and slow money flow components to match your trading style.
  

⚪ Divergence Detection

• Regular Divergence: Detects potential trend reversals by comparing price peaks and troughs.
  
• Hidden Divergence: Highlights trend continuation signals, providing deeper insights into market structure.
  
• Adjustable Sensitivity: Fine-tune divergence thresholds for precise signal detection.
  

█ How It Works

⚪ Dynamic Wave Calculations
The indicator dynamically adjusts wave lengths based on price action, reducing lag and capturing key market moves. It uses a combination of price smoothing and acceleration factors to refine trend signals, providing traders with early entries and exits.

⚪ Capital Flow Dynamics
Money Flow signals are calculated using a blend of short and long-term volume pressure, allowing traders to gauge market sentiment and strength. This approach captures both short-term momentum shifts and broader trend reversals.

⚪ Divergence Logic
Divergence signals are generated based on strict pattern matching, including both regular and hidden structures. This helps traders identify potential trend reversals and continuation opportunities with high precision.

█ How to Use
⚪ Trend Confirmation and Reversals

• Use the Impulse Wave for aggressive entries during sharp price movements.
  
• Use the Momentum Wave for broader trend confirmation and longer-term positioning.
  
• Use the Quick Wave for high-frequency trading and scalping strategies.
  

⚪ Volume Pressure and Divergence

• Use Leading Money Flow for early trend detection and rapid market shifts.
  
• Use Trend Money Flow to confirm broader market sentiment and directional bias.
  
• Monitor divergence signals for potential reversals or continuation opportunities.
  

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Disclaimer

The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.