The PRISM Signals appears to work well especially at lower time-frames (even down to 5 min candles).
The key is to maximizing true-positives is to carefully optimize the input parameters and scoring weights and detection thresholds for a specific given chart and timeframe.
Also shown here is the PDF script, which provides: dynamic Fib levels, pSAR indicator, as well as 2 levels standard deviation bands (disabled here).
The thickest green/red limes are the local-top/bottom lines. Adjust the Fib Input Range accordingly to ensure that the local highs/lows are accurately captured.
The 61.8% levels are the thicker blue lines, and the purple lines are additional levels derived base on the mathematical conjugation between Fib levels.
Again, it is highly recommended to carefully check/optimize the input parameters for a given chart/timeframe against historical trends before proceeding to use it.
This script also provides consecutive higher/lower-highs/lows detection, which is disabled here.
Various features of these scripts can be manually Enabled/Disabled by the users to keep the chart neat.
Even though these scripts are constructed from a set of indicators, it is still highly advised to be used in conjunction with other analysis such as: trendlines, volume, and other indicators, etc., as well as analyzing and comparing with higher/lower timeframes, to help filter out or identify possible risk of false-positives to maximize your success rate.
==========================================================
Indicators used:
PRISM Signals (Color and Stdev bands disabled here) -- Algorithm to generate scoring-based bullish/bearish signals derived from the PRISM oscillators set.
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels} -- Parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level.
Ichimoku Cloud {Cybernetwork} -- Ichimoku Cloud with modified parameters.
Related Indicator:
PRISM Oscillator -- pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators
==========================================================
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~JuniAiko
(=^~^=)v~
The key is to maximizing true-positives is to carefully optimize the input parameters and scoring weights and detection thresholds for a specific given chart and timeframe.
Also shown here is the PDF script, which provides: dynamic Fib levels, pSAR indicator, as well as 2 levels standard deviation bands (disabled here).
The thickest green/red limes are the local-top/bottom lines. Adjust the Fib Input Range accordingly to ensure that the local highs/lows are accurately captured.
The 61.8% levels are the thicker blue lines, and the purple lines are additional levels derived base on the mathematical conjugation between Fib levels.
Again, it is highly recommended to carefully check/optimize the input parameters for a given chart/timeframe against historical trends before proceeding to use it.
This script also provides consecutive higher/lower-highs/lows detection, which is disabled here.
Various features of these scripts can be manually Enabled/Disabled by the users to keep the chart neat.
Even though these scripts are constructed from a set of indicators, it is still highly advised to be used in conjunction with other analysis such as: trendlines, volume, and other indicators, etc., as well as analyzing and comparing with higher/lower timeframes, to help filter out or identify possible risk of false-positives to maximize your success rate.
==========================================================
Indicators used:
PRISM Signals (Color and Stdev bands disabled here) -- Algorithm to generate scoring-based bullish/bearish signals derived from the PRISM oscillators set.
PDF {pSAR /w HiLo Trends + Fib Retrace/Extension Levels} -- Parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level.
Ichimoku Cloud {Cybernetwork} -- Ichimoku Cloud with modified parameters.
Related Indicator:
PRISM Oscillator -- pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators
==========================================================
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
- LIVIDITIUM (dynamic levels),
- AEONDRIFT (multi-levels standard deviation bands),
- FUSIONGAPS (MA based oscillators),
- MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
- and more to come.
If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D
cybernetwork @ EOS
37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC
MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC
1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH
AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO
rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP
0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH
GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM
xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano
~JuniAiko
(=^~^=)v~
For the PDF Fib levels: