Emotion Oscillator

1월 3일

### **How to Use the Emotion Oscillator**

The **Emotion Oscillator** is a momentum-based indicator designed to identify overbought and oversold conditions in the market and generate buy or sell signals based on emotional extremes. Here’s how to use it effectively:

---

### **Key Features:**
1. **Overbought & Oversold Levels:**
- The oscillator highlights two key levels:
- **Oversold Level (-50):** Indicates a potential buying opportunity as the market might be undervalued.
- **Overbought Level (50):** Indicates a potential selling opportunity as the market might be overvalued.
- Transparent green and red areas visually emphasize these levels.

2. **Buy Signal (💰):**
- Generated when:
- The oscillator (SMI) crosses above its signal line (EMA).
- The oscillator value is below **-30** (indicating an oversold condition).
- Use this signal to consider entering a **long position**.

3. **Sell Signal (🤑):**
- Generated when:
- The oscillator (SMI) crosses below its signal line (EMA).
- The oscillator value is above **30** (indicating an overbought condition).
- Use this signal to consider entering a **short position**.

4. **Dynamic Visuals:**
- Green and red lines represent the oscillator (SMI) and signal line (EMA), respectively.
- Unicode icons help identify clear buy/sell moments.

---

### **How to Trade with the Indicator:**
1. **Buy (Long):**
- Look for a **💰 Buy Signal** below the -30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss below the recent swing low to minimize risk.

2. **Sell (Short):**
- Look for a **🤑 Sell Signal** above the 30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss above the recent swing high to minimize risk.

3. **Avoid Signals:**
- Avoid relying on signals when the oscillator is near the zero line, as they may lack momentum.

---

### **Tips for Better Results:**
- **Combine with Other Indicators:** Use the Emotion Oscillator with trend-based indicators like moving averages or Bollinger Bands for confirmation.
- **Test on Different Timeframes:** Shorter timeframes can generate more signals, while longer timeframes may provide stronger confirmations.
- **Risk Management:** Always use a risk/reward ratio (e.g., 3:1) and position sizing to manage your trades effectively.

---

The Emotion Oscillator is a versatile tool that provides insights into market momentum and emotional extremes. It is best used in conjunction with other strategies for optimal performance.

1월 4일

릴리즈 노트

### **How to Use the Emotion Oscillator**

The **Emotion Oscillator** is a momentum-based indicator designed to identify overbought and oversold conditions in the market and generate buy or sell signals based on emotional extremes. Here’s how to use it effectively:

---

### **Key Features:**
1. **Overbought & Oversold Levels:**
- The oscillator highlights two key levels:
- **Oversold Level (-50):** Indicates a potential buying opportunity as the market might be undervalued.
- **Overbought Level (50):** Indicates a potential selling opportunity as the market might be overvalued.
- Transparent green and red areas visually emphasize these levels.

2. **Buy Signal (💰):**
- Generated when:
- The oscillator (SMI) crosses above its signal line (EMA).
- The oscillator value is below **-30** (indicating an oversold condition).
- Use this signal to consider entering a **long position**.

3. **Sell Signal (🤑):**
- Generated when:
- The oscillator (SMI) crosses below its signal line (EMA).
- The oscillator value is above **30** (indicating an overbought condition).
- Use this signal to consider entering a **short position**.

4. **Dynamic Visuals:**
- Green and red lines represent the oscillator (SMI) and signal line (EMA), respectively.
- Unicode icons help identify clear buy/sell moments.

---

### **How to Trade with the Indicator:**
1. **Buy (Long):**
- Look for a **💰 Buy Signal** below the -30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss below the recent swing low to minimize risk.

2. **Sell (Short):**
- Look for a **🤑 Sell Signal** above the 30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss above the recent swing high to minimize risk.

3. **Avoid Signals:**
- Avoid relying on signals when the oscillator is near the zero line, as they may lack momentum.

---

### **Tips for Better Results:**
- **Combine with Other Indicators:** Use the Emotion Oscillator with trend-based indicators like moving averages or Bollinger Bands for confirmation.
- **Test on Different Timeframes:** Shorter timeframes can generate more signals, while longer timeframes may provide stronger confirmations.
- **Risk Management:** Always use a risk/reward ratio (e.g., 3:1) and position sizing to manage your trades effectively.

---

The Emotion Oscillator is a versatile tool that provides insights into market momentum and emotional extremes. It is best used in conjunction with other strategies for optimal performance.

1월 4일

릴리즈 노트

### **How to Use the Emotion Oscillator**

The **Emotion Oscillator** is a momentum-based indicator designed to identify overbought and oversold conditions in the market and generate buy or sell signals based on emotional extremes. Here’s how to use it effectively:

---

### **Key Features:**
1. **Overbought & Oversold Levels:**
- The oscillator highlights two key levels:
- **Oversold Level (-50):** Indicates a potential buying opportunity as the market might be undervalued.
- **Overbought Level (50):** Indicates a potential selling opportunity as the market might be overvalued.
- Transparent green and red areas visually emphasize these levels.

2. **Buy Signal (💰):**
- Generated when:
- The oscillator (SMI) crosses above its signal line (EMA).
- The oscillator value is below **-30** (indicating an oversold condition).
- Use this signal to consider entering a **long position**.

3. **Sell Signal (🤑):**
- Generated when:
- The oscillator (SMI) crosses below its signal line (EMA).
- The oscillator value is above **30** (indicating an overbought condition).
- Use this signal to consider entering a **short position**.

4. **Dynamic Visuals:**
- Green and red lines represent the oscillator (SMI) and signal line (EMA), respectively.
- Unicode icons help identify clear buy/sell moments.

---

### **How to Trade with the Indicator:**
1. **Buy (Long):**
- Look for a **💰 Buy Signal** below the -30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss below the recent swing low to minimize risk.

2. **Sell (Short):**
- Look for a **🤑 Sell Signal** above the 30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss above the recent swing high to minimize risk.

3. **Avoid Signals:**
- Avoid relying on signals when the oscillator is near the zero line, as they may lack momentum.

---

### **Tips for Better Results:**
- **Combine with Other Indicators:** Use the Emotion Oscillator with trend-based indicators like moving averages or Bollinger Bands for confirmation.
- **Test on Different Timeframes:** Shorter timeframes can generate more signals, while longer timeframes may provide stronger confirmations.
- **Risk Management:** Always use a risk/reward ratio (e.g., 3:1) and position sizing to manage your trades effectively.

---

The Emotion Oscillator is a versatile tool that provides insights into market momentum and emotional extremes. It is best used in conjunction with other strategies for optimal performance.

1월 10일

릴리즈 노트

Overbought and oversold levels have been narrowed to indicate earlier the emotions of traders.