CryptoSeaTV

CryptoSea Premium Indicator

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CryptoSea Premium Indicator: Enhanced Trading Precision through Advanced Integration

The CryptoSea Premium Indicator is designed to equip traders with a sophisticated tool that synthesizes traditional and modern analytical methods. By integrating proven technical tools with custom enhancements, it aims to provide a deeper, more actionable insight into market dynamics, enhancing the analysis and decision-making process for traders.

Integration and Unique Features:

Support and Resistance Dynamics: Leveraging a blend of standard deviation and moving averages akin to the methodology of Bollinger Bands, this feature dynamically identifies potential market pivot points. It calculates these points based on historical price volatility, which serves as a probabilistic guide to potential price movements, rather than a definitive prediction.


Trend Reversals and Continuations: This function integrates the Relative Strength Index (RSI) with a custom-tailored trend filter that employs shorter cycle moving averages to refine the traditional use of RSI. This enhancement is designed to pinpoint more accurate entry and exit points during trend phases by filtering out market noise and focusing on significant movements, though it does not ensure the avoidance of all false signals.


Smart Trail Closure and New Trends: Utilizing the Average True Range (ATR), this advanced feature dynamically adjusts stop-loss settings according to changes in market volatility. This adaptation seeks to better align stop-loss orders with current market realities, helping to protect against sudden market shifts while allowing traders to capitalize on new trends as they emerge.


Ranging Signals: By employing dual moving averages that calculate the upper and lower bounds of price movements, this feature refines the approach to range-bound trading. It uses statistical measures to adjust these bands in real-time based on the latest market data, enhancing traders' ability to make informed decisions during lateral market movements.


Dynamic Candles: This feature colors candles based on a complex algorithm that assesses immediate price action within the context of longer-term trends. This visual tool aims to simplify market sentiment analysis by providing intuitive color-coded feedback on the prevailing market conditions, thereby assisting traders in quickly assessing the market environment.


Scalping Signals: Generated by a high-frequency trading algorithm that scrutinizes short-term price fluctuations, these signals are designed to aid traders in making swift, informed trading decisions in fast-paced market conditions. They optimize the identification of micro-trends and potential reversal points essential for scalping strategies, though they do not guarantee success in every trade.


Originality and Practical Application:

Each component of the CryptoSea Premium Indicator is carefully selected and integrated to offer a tool that enhances more than the sum of its parts. This integration provides a comprehensive and nuanced view of the market, aiding traders in navigating complex market dynamics more effectively than traditional, single-function indicators.

Disclaimer and Usage Tips:

Trading involves risks. The CryptoSea Premium Indicator should be used as one of several tools in a comprehensive trading strategy. It is intended to supplement, not replace, thorough market analysis and personal due diligence. Past performance is not indicative of future results, and no claims are made regarding the guaranteed accuracy of provided signals.
Release Notes:
Customizable Alerts for Enhanced Trading Experience
In the updated version, users can define custom messages for entry and exit alerts for both trending and scalping signals. This feature is designed to provide greater flexibility and personalization, ensuring that traders can stay informed in a way that best suits their needs.

Custom Entry and Exit Messages:
  • Users can input specific messages that will be triggered when entry or exit conditions are met. This customization helps traders receive clear and immediate notifications that are relevant to their unique strategies.
  • For trending signals, users can set distinct messages for long and short entries and exits.
  • For scalping signals, similar customization options are available, ensuring that all trading styles are catered to.

Alert Types:
  • Trending Signals: Traders can set alerts for long and short entry signals, as well as for exits, allowing them to capitalize on significant market trends.
  • Scalping Signals: For those who prefer quick trades, the scalping signal alerts ensure that traders are promptly notified of rapid entry and exit opportunities.

Setting Custom Messages:
  • Navigate to the Alerts section within the indicator settings.
  • Choose the signal type you wish to customize: Trending Signals or Scalping Signals.
  • Enter your preferred message for long and short entries and exits in the provided fields.

Triggering Alerts:
  • Once you have set your custom messages, you can proceed to set up an alert.
  • In the 'Create Alert' panel you want to make sure the CryptoSea indicator is selected with 'Any alert() function call'
  • Alerts are sent once per bar close, ensuring that traders receive timely notifications without being overwhelmed by frequent updates.

Feel free to make suggestions for new features you would like to see added to the CryptoSea Premium Indicator.
Release Notes:
Release Notes:
Enhanced Trend candles and organised inputs
In this update, we have made some improvements to make the trend candles more dynamic and accurate. Users may notice that the direction of these trend candles may change more often than previously. This is because we are now calculating the trend direction on the very last candle rather than comparing historical candles to the current one which meant the changes happened slower.

The inputs have been tidied up a bit for user ease.

Create Your Capital
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact CryptoSeaTV for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

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