█ OVERVIEW The indicator tracks when the weekly tops and bottoms occur and reports the statistics by the days of the week. █ CONCEPTS Not all the days of the week are equal, and the market dynamic can follow through or shift over the trading week. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being...
█ OVERVIEW The indicator tracks and reports the percentage of occurrence of daily tops and bottoms by the time of the day. █ CONCEPTS At certain times during the trading day, the market reverses and marks the high or low of the day. Tops and bottoms are vital when entering a trade, as they will decide if you are catching the train or being straight offside....
This indicator is based on the 20 weekly simple moving average and it could be used to help finding potential tops and bottoms on a weekly BTC chart. This version uses an "oscillator" presentation, it fluctuates around the value zero. The indicator plots 0 when the close price is near the 20 weekly moving average. If it's below 0 it reflects the price being...
This indicator is based on the 20 weekly simple moving average and it could be used to help finding potential tops and bottoms on a weekly BTC chart. When using the provided "coef" parameter set to the default of 0.5 it shows how most bottoms since 2013 have hit the lower band of this indicator. The lower band is calculated as exp(coef) *...
The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to "squarify" the output result, thus visually filtering out certain variations originally in the oscillator. The magnitude of this effect can be controlled by the user. The indicator contains a gradient that shows the possibility of a reversal,...
I was inspired by this script. works in the same way but I used Exponential averages as a base you can select multiple average types as a base. You can use even a third moving average to get a slightly different painting than others. Enter trade when the trend is weakening or with a combination of momentum oscillators / whatever you can find and think that is...