OPEN-SOURCE SCRIPT

Whale Trading System

This script is an advanced version of the distributional blocks script.
In distributional buys and sells:
I used a high - low cloud filter, which makes it more prudent to sell the next sell higher for sells and to buy the next purchase lower for buys.

I also used the Stochastic Money Flow Index function because it also uses volume to separate regions.
The long period is 52 weeks, which is equal to one year,
The short period is one-fourth of its value, which is equal to a financial quarter.

Then the values ​​calculated with these periods are calculated by stochastic - rsi logic within the function, giving us two averages and separating the regions according to crossovers and crossunders .


In buys and sales, the higher your next distributional position size makes your profit more .
In the old system, there was a confusion as it was not divided into zones.
Because we divide into zones here, zone changes are the last stop to free up existing positions, and you must reopen each time you change zones.
And I changed standard distribution days, depending on the price change and the histogram, as StochMFI also took into account the volume.
In this way, there is sustainability.

I am also sharing my educational idea that explains the logic of this system in more detail :

How Do  'Whales' Trade ?


Now that we have been divided into regions, a maximum of 10 pieces will suffice us.
And the regional shifts will allow us to sell and buy all of our position size, and now we will feel much more comfortable.
The most timeframe I find most accurate are the weekly bars.
Even in the example, we see how we have benefited from the sharp drop in bitcoin, while the price is falling, and we have lowered the average with higher-weight purchases than the previous one.

In both buys and sales here, both the histogram intensities and the average of the purchases you have reduced with the transactions, or the earnings you have increased with the sales, guide you.

In areas with high volatility ,if we adjust our positions properly, even if we follow the changes in the region, we will get rid of those situations with few wounds and we will surely catch the trend!

NOTE : Crossover/crossunder and distributional buy/sell alerts added.

Best regards , Noldo.

Accumulation / Distribution Line (ADL)beyondtechnicalanalysisdistributionpositionPROprofessionaltraderTrend Analysiswhale

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