[blackcat] L1 Banker Entry Indicator

2020년 10월 5일

Level: 1

Background

testtttt1111 inquired me how to model banker entry


Function

[blackcat] L1 Banker Entry Indicator demostrates a simple model of banker entry for long or short

Key Signal

bankerthreshold ---> customized input for threshold value for banker move identification
pumpdumpsoon ---> alerts for pump or dump start soon in green color
longshortentry ---> alerts for long or short entry in orange color
bankermove ---> alerts for banker move in yellow color

Pros and Cons

Pros:

1. indicating banker move and entries
2. simple classification of banker move alerts


Cons:

1. no direction can be identified
2. no volume information is utilized for big fund move


Remarks

A demo for banker entry inquired by testtttt1111

Readme

In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.

The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.

Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.

Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.

Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.

Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.

Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.

3월 25일

릴리즈 노트

OVERVIEW

This indicator identifies potential entry points based on the Banker Model strategy, leveraging Stochastic oscillators and weighted moving averages to detect Pump/Dump opportunities and directional shifts.

FEATURES

Three distinct signals:
Pump/DumpSoon (green area): Triggers when the core formula crosses above the threshold.
Long/ShortEntry (orange area): Highlights entries below the threshold level.
BankerMove (yellow area): Indicates low-confidence zones below 5 units.
Adjustable Banker Entry Threshold via input parameter.
Uses smoothed calculations based on Weighted Moving Average (WMA) algorithms.

HOW TO USE

Set the Banker Entry Threshold to define signal trigger levels (default: 3).
Monitor green (Pump/Dump) regions for aggressive trends.
Look for orange (Long/Short) areas to align with market directionality.
Exercise caution during yellow (BankerMove) phases marked by weak momentum.

LIMITATIONS

Relies heavily on historical price patterns; future performance may vary.
Sensitivity increases with lower threshold values (min 1).
Signals generated without volume analysis—use supplementary tools for confirmation.

NOTES

Signal calculations derive from Stochastic %K over 27 periods.
Output charts display non-overlapping stacked areas for visual clarity.
Adjustments to weighting factors in the WMA formulas can refine specificity.