Bit_Algo

BitAlgo Signals HA


If you have any question regarding this indicator, feel free to get in touch with us.
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📈 Overview
"BitAlgo Signals HA" aims to give Long and Short signals at the most opportune time to get the earliest market entries. To do so, it uses a base of Heikin Ashi candles price action crossed with it's relative momentum. More precisely, Heikin Ashi candles are great to spot quick trend of the market and by calculating the relative bar size of multiple candles with the momentum paired with the steepness of the trend we are able to find a market's weak point where the price should stagnate before giving a key reversal signals. And to make this indicator more powerful, we added ways of filtering signals such as different type of personalized price action, for example a change of character is often used alone but for this indicator we combined swing and internal structure to get high confirmation... We also inputed fear/greed zone to make sure our signals appeared at the limits of the market and not in the middle where the price ranges. Moreover, we revisited the way of seeing the Fibonacci retracement to create a special channel showing key market points where the price should either make a drop or climb up, if selected this filter waits for the price to retest those level to gain high confirmation.
A unique way of making those clear signals was made by an automatic filter action depending on the current swing points. Most buy/sell indicators are useless and do the opposite of the market, but not only did we manage to avoid this as as much as possible but also kept most of our invalid signals to compare their relative position in the market depending on swing structure as well as their volume strength to automatically reverse or not the signals to either predict a reversal or a huge continuation movement instead of just losing this signal.

📈 How to use
Considering all the elements of this indicator, it is clear that this indicator is purely made to catch reversals and sometimes trend continuation. Add alerts and get ready to analyze the market only when you get the signals to save time and money ;) or simply buy and sell immediately after the signals. Try playing with the indicator's filter to find the best signals depending on your market, timeframe...
One setting that almost never gives false signals is:
- BTC/USDT Future
- 15 min
- Filter type: Fear/Greed zone
- Fibonacci retracement: ON
- Automatically Reverse: ON
- Fiblength: 100
- Swing High/Low length: 225

📈 Features
- Long and Short signals
- Various filter type
- Fibonacci setting for the filter
- Automatic reverse option to use every signals
- Possibility of reversing the signals: if you find the worst setting possible, don’t worry, simply use this features to reverse all you signals to make the best indicator
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