Top signal: reaches -100 when the color is yellow
Bottom signal: reaches -100 when the color is red
This script calculate a stochastic oscillator of BBW, and defines a top and a bottom as its highest in N bars.
Works best on BTC and only on the daily timeframe!
This is a TOP / BOTTOM indicator for big market cycles.
These tops and bottoms are based on the difference between the 200MA on the daily and the price.
BTC Top and Bottom Picker
This study predicts BTC tops and bottoms using Bitstamp's daily close data/
It is based on Philip Swift's The Golden Ratio Multiplier post on Medium
In a nutshell:
The top is calculated when 111 daily SMA crossing 350 daily SMA
The bottom is calculated by dividing 350 daily SMA by 1.4
If you like this, please like and...
Introduction
I already shared a method to estimate tops and bottoms (1), the number of parameters could lead to optimization issues so i tried to make a simpler method. In this method i use a simple rescaling method based on individual direction deviation. I will explain further details below.
The Indicator
I use as source for the entire calculation an...
I think everybody knows the Double Bottom Pattern, so I omit the introduction.
The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...
Let me start by saying I know that the name is goofy lol
This is an oscillator that that looks at price action vs. standard deviation in order to illustrate the trend. This thing looks like an Awesome Oscillator but the math behind this and the Awesome Oscillator are totally different (which is pretty interesting, given they look a lot alike). I included the...
The Hypester team strikes again!
Picking tops & bottoms is a real art for any retail trader. It's just like scoring the perfect goal when you get the maximum profit from your trades. It's the difference between an excellent trade and just another trade in your system. It's that last edge you start to seek once you found your profitable strategy.
That's what the...
Market Reader is a very sophisticated indicator giving you:
-BUY and SELL Opportunities
-Key supports and resistances where the market will react
-Early detection of RANGE before the contact with the top or the bottom of the range, it will also give you the target of the top and the bottom of the range
-Pattern of smartmoney activities, giving you signal that...
This study works as screener with alerts for ChrisMoody's scritp CM_Williams_Vix_Fix Finds Market Bottoms .
Refers to original study for the code: I converted it in a function and I used my snippets of pine script codes for convert it in a screener.
I'm thinking to transform it in a strategy: if someone has suggestion on startegy logic please let me know. For...
I am very happy to present the Tradingview community the first of my new line of powerful indicators.
This is the SCALP GOD. It will clearly label market tops and bottoms for you, if you are scalping and looking to open or close a position this indicator will mark the local highs and lows for you. Or if you are a swing trader this can also give good signals as...
Usage:
Front side trading: In bumppy market. Use this oscillator to find the top and the bottom of the market. When the hist comes to green, you can find the market bottom by the lowest blue line. When the hist comes to red, the highest red line may help you to find the possible market top.
Back side trading: red line for long trend,blue line for short...
![BTCEUR: TOP & BOTTOM Cycle [aamonkey]](https://s3.tradingview.com/w/WuaHCJEn_mid.png "TOP & BOTTOM Cycle [aamonkey]")
![BTCUSD: MarketReader[ENG] DARK THEME](https://s3.tradingview.com/t/tab1vlob_mid.png "MarketReader[ENG] DARK THEME")
