Trendoscope

15:04

Trendoscope Wizard Updated 

Hello Everyone, Here is a small video describing the idea on studying divergence data based on divergence backtester script. To understand further, you can study some of my older scripts on divergence. You can find them under my profile: www.tradingview.com Filter only open source scripts so that you will see only free to use scripts with code available. This...

Trendoscope Wizard

Zigzag is my favourite technical indicator. Usage of zigzag is often misunderstood. People try to find tops and bottoms and complain that it repaints. Well, zigzag is supposed to repaint its last pivot and it should not be used finding tops and bottoms to enter and exit at the right time. Then, how do we use zigzags? Main application of zigzag for me is pattern...

13:41

Trendoscope Wizard

Hi All, As discussed in the video, below are the steps to define fully customisable alert templates and alerts in pine script. This is a generic idea which can be implemented for any script. Step 1. What all parameters(keys) need to be sent in alerts. Step 2. Create a default alert template Step 3. Create a user input where users can alter the default alert...

18:07

Trendoscope Wizard

Hello All, Thanks for watching the video. Here is the git repo which has detailed instructions on how to setup and use these APIs. github.com Thanks to @LuxGecko for providing ideas. To summarise, following are the steps: 1. Fork replit repository 2. Set environment variables for your tradingview username and password 3. Run the REPL and start using APIs Let...

17:17

Trendoscope Wizard

Hello Everyone, In this video, I have explained following things: 1. What is a filter indicator and how it can be used 2. Example demonstration of Relative Bandwidth Filter to define trade no-trade zones based on volatility. 3. How to use filters along with Auto Harmonic Pattern UltimateX or any other script which follows similar design for external filters. 4....

15:51

Trendoscope Wizard

Hello Everyone, I just made this video because, this question came up many times in Pine QA. In this video we are trying to load default Bollinger Band indicator from Tradingview and convert it into strategy. Below are the steps Load the indicator on chart Click on source code (curly brackets next to indicator title) to load the code into your pine...

Trendoscope Wizard

There are two contracting triangles on the chart. Both broken downside. Now, lets see the historical results of trades based on contracting triangles on bearish side for BTC on daily chart Based on this, Probability of price reaching 25300 before hitting 42700 is 30-33% Risk reward for the bearish side is 0.64 Probability of price reaching 18903 before...

Trendoscope Wizard

Purely experimental. Trying to derive few patterns programmatically and happened to notice this!! Also, the ending diagonal waves appear towards the end of wave5. Does it mean, SPY going to retrace after hitting ATH!! Will wait and see.

Trendoscope Wizard

Highlights Regular deep pullbacks and recover to ATH Consistency in number of days to reclaim ATH and extension to new ATH. Broken downward trend line. Under the support of lower pivot trend line. Also broken last resistance derived from double hidden divergence. Lastly, clear double bottom and broken neck line.

Trendoscope Wizard

Brief glance on historical deep drawdowns and recovery timelines to ATH from BABA. Recovery time is generally slower and took 1.5 to 2 times more than going down. Conclusion: Don't be in hurry to buy the dip. There will be enough time for recovery. Wait for better confirmations.

12:42

Trendoscope Wizard

Making this video on setting alert in the invite only scripts Auto-Harmonic-Pattern-Ultimate-Trendoscope Auto-Harmonic-Projection-Ultimate-Trendoscope Auto-TrendLines-and-Support-Resistance-Ultimate-Trendoscope For value placeholders, please visit the description and updates done in 11th and 12th Feb for Harmonic Pattern scripts. And 20th Feb for Auto...

Trendoscope Wizard

This is a story about how exponential increase in Nickel's price negatively impacted a fundamentally strong nickel mining company and without any fault from the company itself!!. ⬜ Little bit of background We all know that commodity prices are skyrocketing due to Russia-Ukraine tensions and in the fear of sanctions on Russia. Russia has major market share in...

Trendoscope Wizard

Additionally on SPY, DJI and RUT charts are as below

13:53

Trendoscope Wizard Updated 

Hello traders, In the last video we learnt How to create simple web-hook to send alerts to telegram . In this tutorial, we will try to build a bit more on it and to also include chart snapshots along with plain alert messages. Webhook code is updated in the replit repository here: replit.com Once, setup, run the repl and capture base URL ⬜ Webhook...

19:08

Trendoscope Wizard

Hi All, I have been asked by few in comments and personally to post fundamental analysis of few other companies in similar way as that of FB and PYPL (as per linked ideas). Since, I will not be able to take all the requests, I thought I will make a video explaining how to do it yourself :) ⬜ Following things are discussed in the video 🎲 Earnings Not...

Trendoscope Wizard

Very similar to yesterday's post on PYPL. Similar methodology and tools used. Disclaimer: I do not hold FB and may not hold going forward as well. Massive price drop on earnings prompted me to dig a little more and do this analysis. All the methods are derived from free and open source scripts aimed at finding statistical and fundamental edge. Point of this...

Trendoscope Wizard

! Disclaimer: I do not hold any PYPL and may not hold them going forward as well. But, 17% drop over earnings got my interest into having a look into fundamentals. Please note all the analysis done here are derived from the scripts I have written - all of them are open source and free to use. Let's dig deeper. 🎲 Earnings News items highlights poor earnings and...

Trendoscope Wizard Updated 

Negatives Broken trendline Unhealthy trend over past two years Bearish sentiment over increase in interest rate Positives Just above a critical support area In potential reversal zone Too much bearish sentiment and possible exhaustion Probabilities If drops below 15000, can slip another 1k close above 15350 either today or tomorrow...