SMA mechanical swing tradeIndicator that compares the closing price of an asset vs a simple moving average as a mechanical swing trading strategy. It allows the user to set any asset and timeframe for the strategy, which can be different from those the user is currently viewing. The strategy also allows the user to set an upside and downside tolerance so that retests within a few % of the SMA get some space to breathe before flipping directional bias.
If the selected asset in the strategy is different from the one currently viewed, the indicator plots the MA for the currently viewed asset but keeps applying the directional bias colors from the strategy asset.
Some examples of recommended usage of this indicator: BTCUSD 120D, BTCUSD 120D applied on ETHUSD, AAVEUSD 365D.
Mechanical
Mechanical Switch DetectorThis script reads volume as a voltage and picks up the mechanical signal of a switch. Instead of looking at the light globe to see when it turns on, this picks up the surge/pattern created when flicking on the switch. This picks up chart movements/cycles directly from the switches used in the ticker machine.. Faster than light.
Adjust "len" in the settings to select the sensitivity of the current used to calculate the threshold. 20 is default but try lengths of 200 or even 6 for smaller surges of current. This script assumes the ticker data is an analogue signal and picks up mechanical responses that are embedded within this signal. Nothing is random.
