Oscillators
How to be a Mean Reversion ScalperIn this video I go over how I trade with my custom mean-reversion histogram and overlay indicator, explaining the logic behind my entires and profit-taking levels. This example is taken from $SPY on the 1-minute chart, and I examine all four of the alerts that the indicator gave today. Comment below with any questions!
ADX + DMI + LineReg Live TradingI used the replay trade function to test out ADX+DMI + using a LineReg to set TP + SL areas. I thinked it worked pretty well trading USD/JPY for the week of 1/9/2023. Success rate was 66.67% but I wasn't having strict trading rules since I was trying to trade how a normal would psychologically. I think with follows stricter rules this could have higher percent win rate & higher profit. Even with losses I was hit with I still cleared over $2000 for the week. Please ignore my girlfriends family as they are cleaning out a closet lol
ETHUSDT - RSI Shows More Upside 📈Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫
By using technical indicator RSI, we can see Ethereum has potential to see another push upwards. However, there is a formidable resistance zone and the candle would have to CLOSE ABOVE the resistance trendline in order to consider a reversal. A wick will just be stop hunting, therefore a candle close on a higher timeframe will be the most reliable indication. From a candlestick analysis, three white soldiers have formed but again, the diagonal resistance zone will have to be broken in order to continue upwards.
Interested in my view on BTC using RSI ? Check out this idea:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Heiken Ashi Algo and the Mass Effect Moving Average: Almost HereWell ladies and gentlemen I think I have created a monster and I'm really happy to call it the heiken Ashi algo and the Mass Effect moving average combination.
Don't worry I have not been leaving you hanging. It's just been very busy and I want to make sure that this thing works beautifully for you.
So what is the heiken Ashi algo oscillator?
it is an oscillator much like the original heikin-ashi RSI with a ton more features.
As you know a little while ago I came out with the CoffeeShop Crypto HARSI, Update to the original HARSI.
And as development on that oscillator continued I had to change the name to the algo because now the oscillator actually speaks to you while trading is taking place.
But as you know you should never use a single indicator by itself to enter and exit trades and understand what's happening on your chart. you should always use something as a secondary Confluence or even a tertiary confluence. Because the more confluences you have the better right?
So with that I continued development on the Mass Effect moving average and you can use them beautifully in combination.
In this video I don't want to get into the technical Aspect of all the details on how the oscillator and the moving average work but I do want to show you the parts that have been developed and what they mean.
feel free to leave your suggestions below and I will make adjustments if needed.
I'm probably going to need one more week before fully releasing both of these together and until then I'd love to communicate with you on anything to make it more fluid.
With that let's take a look at my chart and see the breakdown.
The Heiken Ashi Algo
Double Stochastic - Uses a mean regression calculation for pullback notifications but it also adds support to knowing when a trend is in full swing.
This happens when you see both stochastic ribbons touch each other while they are the same color
Green touching green is a move to the upside. It matters most When it's above or below the 50 level.
the other thing you can see here is when they touch and when they touch again as the same color is a clear sign of a Divergence.
IBXL - Inside Bar Calculation. This will be moved to the Mass Effect MA as well
Resistance / Support / are dynamic levels which change over time
Bull Key level - Are Significant price or Price action levels which almost never change over longer periods of time. when I get a key level alert I Market on my chart with a thick line and I lock it in place. These are the major areas of supply and demand Zone on your chart and you want to watch them closely when price gets near these levels
Pull Back - Helps you draw out targets to your trend lines.
Now let's talk real quick about the mass effect moving average and what it will include.
this uses a mean regression strategy so that you can swing trade- And get your confluences of when prices going to move up or down so doesn't matter if you are in an uptrend or a downtrend .
Stop lost Trend color - Is this really a stop loss line which will follow your price action and depending on its color will tell you if you should be using a stop loss of a guy or a stop loss of a sell. Obviously if it's red you should be selling and if it's green you should be buying. do not use it incorrectly. Just because it changes to Green doesn't mean you by and just because it changes to Red doesn't mean you cell. It only means you are in an area where you should be buying or selling.
The EMA's - it includes four different exponential moving averages which you can set appropriately to your style.
The VWAP - Included in this is a VWAP Moving average. Even though the VWAP is used as a moving average against the RSI in the oscillator below, I included the VWAP in the Mass Effect moving average because once you switch to a daily chart The VWAP in the oscillator disappears but you can still have it on your chart in the Mass Effect moving average. So switching to a daily chart you will still be able to see your VWAP.
The V-CROSS - This indication shows up so that you can see when the V WAP is crossing over your price level. This helps you know from point to point if you are above or below a support or resistance level and where is your price in relation to your VWAP. This will also help you notice when price is overbought or oversold.
Fractals - Show you pivot points in market structure. I use them to find exit points for trades when there is no immediate swing low or high to be seen. Usually i look further left and use one of these points to exit. But they have even more application which I'll get into in another video.
The Trend Ribbon - Is a bullish and or bearish colored ribbon to show you the trend that works in Confluence with your stop loss line which also changes from red to Green. when they are both the same color you are in a trend in that direction of up or down. The good thing about the trend ribbon is it's always seeking the same level as the VWAP and when it finally catches up to it that's when the trend usually goes flat and then reverses.
ADX: How to use this under-the-radar tool.Hey everyone! 👋👋
In this video, we're taking a look at the ADX Indicator. We break down how it works, how to interpret its output, common uses for it, and ways that it can help you find and screen for opportunities you like.
Feel free to drop some questions below in the comments!
Remember - nothing in this video constitutes advice, our only goal is to educate you about the markets and how to use our platform more broadly.
Cheers!
-Team TradingView ❤️❤️
Check out more information about the ADX in our help center here .
ETH - HOLD ON to something, DISCOUNTS Incoming !Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The markets are correcting lower after a brief increase predominantly following BTC up. By looking at higher timeframes, you can zoom out to see the bigger trend at play and cancel out the volatility and noise on the lower timeframes. The RSI and momentum show that the bears are still very much in control, and Ethereum faces a serious risk of a flash-crash or a slow bleed down to $650 - $800 support zone. This is according to technical indicators Phoenix Ascending and Bollinger Bands . We can confirm this from a trend analysis - there simply isn't a large enough demand zone on the next immediate support zone ($1000) since it has already been tested twice, weakening it. Therefore, the price of ETHUSDT would have to drop more to find sufficient demand - more demand than the supply zone.
NOTE that this is not for the short term, but for the near term .
Incase you missed it ! Here's the Bitcoin update using the same method; Phoenix Ascending with Bollinger Bands:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
$BTC weekly timing where low could be in...sorry for the shitty recording.. had it on the wrong setting and got some back noise.
Just looking at some timing deals to consider going forward. Not saying the low is in, but I like where the price is setting up and likely processing a low possibility. The RSI bull div and the trend line break objectives are spelling out some good signals.
Let me know if you have any questions.
Fibo
Bitcoin - 🎯 Phoenix Ascending & BBandsHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Bitcoin just closed another weekly candle and the price is currently stabilizing on support zone of $16000. By using two technical indicators together, we can determine which directions most likely next, bullish or bearish. The Bollinger Bands together with Phoenix Ascending also gives a potential specific price target that can likely be anticipated next.
Interested in XRPUSDT and other alts? Check out this idea 👀
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
3 Step Divergence Trading strategy. When to use the RSI Formula.This is a divergence trading strategy i am testing out for you guys who are still having trouble knowing WHEN to enter a trade after finding a divergence as well as where to exit that trade.
This will also give you more information on the followings:
Where to use the RSI FORMULA.
When to enter a trade after a divergence.
What a fake out looks like.
Where to take profit
Where to take a second profit
Drop your feedback if you would like to see this strategy develop further and if you understand its simplicity enough.
BTCUSDT - Phoenix Ascending BEARISHHi Traders, Investors and Speculators 📈📉
The markets have been trading bearish overall, with over 2 billion drained from cryptocurrency within the past 48 hours. This comes as no surprise to me, as I have been watching the DXY increase and the TOTAL crypto market show weakness. And so I made this idea a few days ago :
There is a possibility that we may correct towards the upside after this drop, we could even see a few altcoins increase over the next few days. However, the Technical Indicator Phoenix Ascending is showing that BTC is in trouble in the weekly timeframe, and if a reversal does not show up on lower timeframes, the next major support zone is only at $12500.
Looking for some hobbies or side hustles that make money? Check out these ideas 👀
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BITCOIN - Similar To December 2018 ?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
This is not the longest that BTCUSDT has been trading underneath the Moving Average. During December 2019 until the next year, BTC spent 36 WEEKS underneath the Moving Averages. Noteworthy that this was the 50d MA (due to the lack of data, there was no 100d or 200d). Currently, we're trading underneath the 200d MA. However, this can still signify that range trading for a period of time may be the most likely scenario. We still see high volume on the chart and the RSI shows sideways to slightly lower is the most probable for the foreseeable future. USUALLY (not always) there is a Xmas rally, or a December rally. It should be interesting to see if we find our reversal during the month of December, or if we continue to decline and start another bullish cycle during Q1 next year in 2023.
I'm labeling this BTC post as short even though I don't believe shorting it is a good idea right now, simply because it seems more likely for the price to go slightly lower than higher (judging by the RSI). There will be the occasional, unpredictable wick back up towards the MA but the price will continue to trade underneath until a clear bottom is established.
Incase you're interested in XRPUSDT, check out this idea 👀
Have a great weekend🥂
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
HOW-TO: Using Data Gathered in Divergence BacktesterHello 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 is not a fully fledged strategy. But, just means for studying the impact of divergence data on price action. Please let me know if you have any questions.
Bitcoin has most definitely bottomed out In this video, I've shown
- the idea that Bitcoin has completed a major ABC wave back in june and has been going through accumulation ever since then.
- price action has been coiling up, as well as momentum is building up so a breakout is not more than 1-2 weeks away
RSI Formula Explained (updated) and a LIVE FAILED tradeThis is just an update to the RSI Formula since some of you are still having trouble with it.
Its not as hard as it seems. Now with the oscillator scale reading ZERO at the mid line, there is no math to do.
RSI Values as follows
0-9 = 1 to 2 rr
10-19 = 1 to 3 rr
21-29 = 1 to 4 rr
30-39 = 1 to 6 rr
Dont worry too much about the last two. you want to be safer at trading with the first two.
The last two are really designed for "Trailing your take Profit"
If you have negative values on your RSI, thats fine. just do the trade in a SHORT and follow the same formula.
Watch the video for the full breakdown
The easiest way to spot divergences and how to trade them
Welcome to the coffee shop everybody. This is your host and baristo Eric, and in today's video I am giving you a video Lesson based off of my preferences on how you should look for and use RSI Divergences.
THe Oscillator used in this video is The Heiken Ashi Algo Oscillator
Get it free here and always BOOOOOOOOOOST IT!!
There are three problems that people have whether they are experts or when they are novices in spotting Divergence between the RSI and price.
First problem is they don't know where to look because the RS I can have hundreds of high values and hundreds of low values but you need to know which ones are the relevant ones to look at.
The second problem is a common question where people ask "which way will the price go?"
The answer to that is basically the slope of the RSI is the new slope of your price so, if the RSI is angled up your price will angle up. If the RSI is angled down your price will angle down.
Now hold on a minute don't run off and start acting like you know how to trade divergences yet because there's still question number 3.
When will it go in that direction?
Just because you see a Divergence doesn't mean it's going to immediately happen so you need to know what to look for to let you know that it is actually going to go in that direction and when will that Trend begin. So in today's video I do a nice lengthy coverage on how to spot those answers and you can use the oscillator in the video by going to this link.
Bull Bear Volume Oscillator (Idea in the making)I want you guys and gals to add in your question and comments below.
There are certain things id like to new oscillator to do for you but i want to know in what ways it can be better like if it seems to be missing something.
However. That being said, if you think its good the way it is, then by all means, let it be done and ill release it ASAP.
This is the Bull Bear Power Volume Oscillator.
It shows you TREND DIRECTIONS.
A bullish trend is not defined until you have higher highs and higher lows of the same green color .
A bearish trend is not defined until you have lower lows and lower highs of the same red color .
There is also a CENTER area which is clouded called "The Void". Any action closing in this area is null and taken as
A) Market is ranging.
and or
B) There is not enough opposing volume to move the market either way.
it is not until you get a high or low OUTSIDE of this area, where you should consider a trade.
Also, any action taking place outside of the VOID is considered a higher volatity in the market. Anything INSIDE the void is an extremely LOW volati
SOURCE - You can choose the source to be anything else that exists on your chart, for example, the RSI from a different indicator or a particular moving average you have plotted on your chart.
For those who have trouble seeing a divergence between momentum (RSI) or (Stochastic RSI) and your price action on your chart, this should paint a more clearer picture for you.
A long red column is obviously a LOW
and a long green column is obviously a High but what you should be looking for is the end of the WICK and not the color of the candle.
Again this is an early set of information for this indicator. Id like to get your feedback on it.
Heiken Ashi Algo Volume Scalping StrategyHeiken Ashi Algo Volume Scalping Strategy
Welcome everybody this is your Barista Eric should I be calling it a baristo cuz Barista sounds kind of effeminate and you can tell by my voice I am not a woman.
So we got something interesting.
Today I'm going to be sharing with you a volume scalping strategy that you can use with the heiken Ashi Algo.
This is a wonderful strategy because the algo has a lot of features that plot onto its oscillator and you can actually turn most of them off you only need basically three things showing up.
To do this all you need are:
Heiken Ashi Candles
The RSI Moving Average and
RSI (relative strength index line)
So let's go into the settings. I'll show you what to do and you'll be able to get started in this in just a few minutes.
Open tradingview and go to the indicators and I'm going to type in Heiken Ashi Algo. There you will see it under the Community scripts by @coffeeshopcrypto the "Heiken Ashi algo Oscillator"
Here is a link to it
(Click there)
Add it to your chart and let's go to the settings.
In the style tab of the settings You can turn off both of the stochastics.
Also you'll notice a couple of grade out boxes to things that are not selected. The RSI upper band and the RSI lower band. These print the 70 and the 30 level on your oscillator so turn them both on. If the other bands distract you you can turn them off. These would be the 40 and 60 levels.
The last thing you want to do here is change your RSI to yellow and your RSI moving average to red.
Now let's go to the inputs tab and change your RSI to 18 and RSI Moving average to 36.
If you're trading on a higher time frame than one hour you should probably change them to 21 and 50 as a maximum..
If you're trading on a 15 minute or lower time frame you should set them to about 12 and 14 or or lower.
Also change your RSI moving average type to a volume weighted moving average.
*******************Special Note******************
I want to address a couple of questions I got since the release of the Algo and one of the questions that I tried to cover in the previous couple of videos was when someone is going to ask me "what are the best settings at certain time frames?" You have to understand there are no best settings because if you're trading in crypto against the US dollar or crypto against For example another crypto then things move differently. your settings for the US dollar can be set one way but if you're trading crypto against crypto pairs you need different settings. also the settings are really tied to the market that you are in. if you are trading on the S&P or indices or Futures your settings are different for all of those things they are not the same for either one of them and once you get into crypto the markets are so volatile that you need to watch things closely/ so I cannot tell you what are the best settings because the best settings do not exist. Choose the settings that work well for you and if they are not working well it's because the market is changing just a little bit and you need to start developing additional strategies. You can not just have one strategy that you use all the time because that will not work all the time. Markets change. They have four different versions and you need to have several strategies that will be able to address each one of those types of Market.
One of the reasons that I've created this particular indicator is because it allows you to develop several different types of strategies and this particular video is one of those strategies that you can practice and you can use from time to time when you are seeing extremely changing volumes in the market that you're in. This way you have another piece of ammunition in your pocket that you can use when your current strategy or whatever you used to using isn't working as well as it should be.
What is the Heiken Ashi Algo OscillatorWhat is the "Heiken Ashi Algo Oscillator"
Well here is a link to it
It is an indicator that measures volume and momentum.
It plots and RSI as Heiken Ashi candles.
It includes seven different types of moving averages against the relative strength index.
Each one of these moving averages calculates faster than the previous, starting from the SMA to the LSMA.
It includes a hidden vwap as a moving average to confirm Trend Direction.
It uses a "Double Stochastic Strategy" designed by @CoffeeshopCrypto
The first Stochastic being called the "slow stochastic" and the second stochastic using a hull moving average calculation and it's K% and a separate multiplication in its D%.
------------------------------------------------------------------
Welcome to the coffee shop everyone. This is your host and Barista Eric as always serving up something piping hot and frothy unless you just like a chai tea which tastes like a hot Garden in a cup. Chai is definitely not my cup of tea but I do like drinking tea over coffee . So if you feel like sending me something then let it be either coins on tradingview or it could be a few tea bags of your favorite.
Okay so I'm keeping the intro very short today and I know my videos tend to be pretty long and I max out at the 20 minute marker but I do like to keep you people informed and today is the information you've been waiting for.
today is the release of the Heiken Ashi Algo oscillator.
There is definitely not enough time in this video To break down all the different ways you can use it for trading because it is available to so many different styles and strategies so in today's video I'll show you what all the parts do what all the parts mean you can take it and added to your chart and start running with it.
In the meantime day-to-day you will see new strategies posted in my profile. Each one depicting a different trading strategy and trading style that can you can use against the Heiken Ashi Algo Oscillator.
I figured it would be easier this way anyway to break up the trading Styles across different videos so that there is no confusion and you won't have to worry about watching two different styles in the same video at least .
So without further Ado let's grab our coffee and tea and raise our glasses in a universal, community style toast and get onto the oscillator and all of it's moving parts.
This is where you need to play the video and listen, because it would be TOO MUCH to type and too much to read. So let's go.
-----------------------------------------
For my trading style, the HA candles have been Recalculate it again because I come to find out that the AHA candles are based on a 2. Calculation which means if my candles are set to 9. IRS I should be twice of that and my RS I'm moving average should be two times at so my candles are 9 my RS I is 18 which is 9 * 2 and my are as I'm moving average is 36 which is 18 * 2.
I just wanted to point this out before anyone starts asking me what are the best settings. these are not necessarily the best they are simply the ones that work for me.
HA Candle: These are the colors, Wicks, and borders, as they are plotted against yourRSI. they are simply a representation of the RSI signal but you can have your RSI set at one length while your candles are set at another length.
RSI: No description needed here this is simply the relative strength index
long exit - This is a signal to tell you the uptrend is going to pause or stop.
short exit - this is a signal to tell you that the downtrend is going to pause or stop
Resistance levels - This is a signal to tell you where you can set the beginning of a trend line and the level of resistance on your chart.
support levels - is this a signal to tell you where you can set the beginning or end of a trendline and set a support level on your chart
RSI Moving average - this is the signal line of your moving average against your RSI and you can choose up to 7 different calculations.
Buy and sel Signals - These signals are triggered based off of certain criteria happening in the oscillator related to volume and Trend Direction.
**WARNING** You should take BUYS when you are in an uptrend and SELLS in a downtrend. (IE 200ma below the 50 ma for uptrend and 200 above 50 for downtrend)
Slow stochastic RSI ribbon - this prints a visual representation of the regular stock a stick on your oscillator.
Fast Stochastic RSI ribbon - This is the second part of the double Stochastic strategy which prints a fasterStochastic on your chart which uses part of a hull Moving Average calculation.
Finally ALERTS have been included.
To use the alerts go to your alerts Tab and click create alert.
Under "Condition" select Heiken Ashi Algo
In the drop-down below it you can select:
buy signal to enter long
Sell signal to enter short
Soft Long or Short exit, if you want to get out of your Long or Short trade when the trend begins to change
Hard Long or Short exit, Is when you definitely should get out of your long or short trade.
there is also an alert set up if you want to be notified about new resistance levels or new support levels.
Just select the one you want and adjust the message that will arrive to you via email, phone, or on screen.
So........ did we do a good job? Let's talk in the comments below.
How to tell if a chart formation is the real deal or not $BTCI meant to say I would rather make a video than right multiple paragraphs trying to explain something that requires some visuals.
Anyways, the video says it all, there's always got to be more than just the chart formation that you look at when deciding on how to play a trend or potential breakout/breakdown and how to tell when it's just a fakeout.
As you can see, the bear flag also got denied at the 100-day MA for BTCUSD
My long-term view is bullish for Bitcoin






















