“How To” Video Overview of Indicator “CM_MACD_Ult_MTF_V2”Hello TradingView!!!
-Video Posted on 07-28-2021-
This video is a detailed video overview of the CM MACD Custom Indicator - Multiple Time Frame - V2 Release.
I will post the link to the Indicator within a few minutes after this video goes live on TradingView either in the Link to Related Ideas below, or I'll post a comment below with the link.
Thanks for you patience.
I'm so excited to be back. Please Post and feature requests for this indicator below.
Centered Oscillators
How to detect the active cycle length?This is a short tutorial on how to use the Detrended Rhythm Oscillator (DRO) to identify the current dominant cycle. The Detrended Rhythm Oscillator is an advanced Detrended Price Oscillator DPO which helps to spot the key market rhythm or beat for any symbol on any timeframe.
It automatically labels the length of current market high-high and low-low pivots which helps to see cycle harmonics and relations. The output should be used as input setting for almost all technical indicators which require and "length" settings for the calculation. Using this length setting based on the dominant market rhythm will help to ensure better accuracy to your indicators at turning points. The indicators get synced to the beat of the market.
The indicator is available as Public Open Source Script for your own usage:
NOK Price AnalysisPlease take care and observe NOK's price action of the coming week.
MACD looks set up well for a Bearish zero line MACD/Signal cross. It's been my observation that when this set up is realized there is a large move to the downside that generally follows.
Watch for this week's close to maintain or exceed $4.00
A close below $4 level without significant bullish volume in the following week might see a break of the ascending triangle presented in the video.
For further details and analysis, please watch the video in its entirety.
Introduction to the BEST All-In-One Oscillators with divergencesHello traders,
A unique indicator displaying many oscillators with a multi-timeframes and regular/hidden divergences options for all oscillators below
1. MACD
2. MACD ZERO LAG
3. RSI
4. DMI/ADX
5. ATR
6. STOCHASTIC RSI
7. TRUE STRENGTH INDEX
8. CANDLE MOMENTUM OSCILLATOR
9. VORTEX INDICATOR
10. COMMODITY CHANNEL INDEX
11. RATE OF CHANGE
☔ Safe crossing mode for RSI/STOCH RSI/CMO: Choose to get alerted whenever the oscillator enters or exits the Overbought/Oversold zone.
Wishing you all the BEST for your trading using it.
Dave
Sell Signal On Bitcoin Yes, But Short? No Way.#Bitcoin order flow has produced a bearish outside bar within the low 9K region which is a minor resistance area. This can be interpreted as a sell signal, especially if followed by an inside bar over the next day or two. In this analysis, I am going to cover HOW we interpret this kind of price action relative to our LONG only swing trade strategy. My objective is to help the community better understand how order flow works and recognize potential opportunities that are regularly overlooked by the herd.
1. The low 9K area is a minor resistance relative to the bearish price structure established by the 10,300 high to 6550 low. It is within reason to expect some selling pressure to unfold and is precisely why we placed our third target at 9250 (which we missed by 50 pts).
2. Relative to OUR strategy, the current bearish outside bar is a sell signal which for us is a prompt to lock in profits, NOT to go SHORT. Since we are a strong hand, and have reduced our original position by 2/3's up to this point, we will opt to stay in our swing trade long and ride out the noise. Sell signals carry much less weight on the time frame that we follow in a BULLISH momentum environment. Momentum and trend are two SEPARATE and distinct variables.
3. IF the 8500 support area is compromised, 8130 is the next support where we will anticipate a bullish reversal pattern. IF 8K is decisively taken out, then the 7200 area is the next respective level to watch for reversals. Even though recent momentum has been bullish, that does NOT mean we are in a strong trend on THIS time frame. That is why we continue to operate within the limited expectations of a RANGE BOUND market (which means we expect lots of fake outs, limited movements and set more conservative targets).
It can be argued that the 9200 area is another "lower high" which will attract lots of small time frame bears who do not know how to weight the recent order flow developments. More bears are good because in order to make a market, someone has to be willing to take the other side of the trade. These are the participants who will help price squeeze into the high 9Ks when they are forced to cover. IF price takes out 10,300 then a strong argument can be made for the broader Wave 3 being in play (which can lead price to 14K and higher over the coming months).