WyckoffMode

Using Godmode in Higher TF's to Find Beginning or End of a Trend

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
This publication is educational and the first video of several to come in the future in regards to using Godmode 3.1 Mod with LSMA (LTCUSD). More updates to this publication will follow over the next several days.
Comment:
This is a WRITTEN publication that includes FIVE (5) BASIC RULES for Godmode 3.1 Mod With LSMA (LTCUSD)...


Maybe you're wondering... "Can I use this with anything else other than (LTCUSD)? The answer is YES...

Godmode 3.1 Mod with LSMA (LTCUSD) has an option in "Format" under the "Inputs" tab for "Multi-Exchange." Which see: i.imgur.com/FWSbBP4.png

Godmode 3.1 Mod with LSMA (LTCUSD) Source Code will monitor data from four (4) Exchanges within its code in the event you "check" the "Multi-Exchange" box. Those four (4) exchanges are "COINBASE: LTCUSD" "BITFINEX: LTCUSD" "BTCE: LTCUSD" and "BITSTAMP: LTCUSD." Which see on line 11 and 12 of the source code: i.imgur.com/ZqbAqyt.png

The ONLY time you "check" the "Multi-Exchange" box is WHEN you are using this indicator (Godmode 3.1 Mod with LSMA) for "LTCUSD" ONLY. It's STRONGLY RECOMMENDED "NOT" TO CHECK THE "MULTI-EXCHANGE" BOX WHEN USING THIS INDICATOR FOR ANYTHING ELSE OTHER THAN "LTCUSD."

However, I recommend NEVER checking the "Multi-Exchange" box even when using it for LTCUSD. WHY? Because one of the four (4) exchanges it monitors data is "BTCE." Well, "BTCE" is no longer in existence (dead). Which means you would be monitoring only 3 of the 4 exchanges. If you want, you can COPY the source code and paste it into a new indicator you create and EDIT line 12 of the code by changing "BTCE" to "BINANCE." THEN you could use "Multi-Exchange" for LTCUSD more effectively. However, make sure to UN-CHECK the "Multi-Exchange" box when using your NEW indicator to monitor any other pair other than LTCUSD.

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.