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Oscillators

CSC-HARSI UPdate: Bull Rejection / Bear RejectionWhat's new in this indicator Support and resistance levels have been re-coded to give you a cleaner visualization. as always when you see a support indication you set the support level at the close of the candle. if they cancel this red you place it at the bottom. If the candle is green you place it at the top. You always place the S/R level at the close of the candle. Two other indications added to the script are called, Bull Rejection and Bear Rejection. --Bull rejection shows up when there's a bullish rally and then there's enough resistance to stop that upward move. --Bear rejection is when there's a bearish move and there is enough resistance to stop that downward move. If you get a resistance indication followed by a bullish rejection indication you should exit your trade. Because it's showing you resistance at that level and enough pushing back down. If you get a support indication followed by a bearish rejection you should exit that short trade because it's showing you there is support at that level and enough force pushing to the upside.
Education
by CoffeeshopCrypto
3
The Heiken Ashi Algo Oscillator (Range Trading technique)You're watching this video because you keep getting stop-hunted. You feel like every time you enter a trade to the market it immediately goes the other way and you get this little spike out the top or the bottom of a candle that knocks you out of your position and takes out your stop loss. This is most likely due to Market manipulation on your charts which is making you think that price is moving up or down and instead you have just entered a trade at the beginning of the consolidation or distribution phase. Don't worry you're not alone this happens to a lot of novice and intermediate Traders. I really wish there was an indicator that would tell you as soon as you have entered into a ranging Market but usually you can't tell that until you've looked at your charts for a couple of hours and realize that price hasn't moved above or below a certain number. Well you're in luck because I just finished coating an indicator that will tell you that you have entered into a consolidation or distribution phase at the beginning. In today's video I'm going to show you how to do range trading using the Heiken Ashi Algo Oscillator available for free on Tradingview. Usually after price makes a big rally to the upside or to the downside you can expect that price is going to go into either consolidation or a distribution phase. On your charts this will look like where price runs flat for what could be an extended period of time. The rule of thumb is that after a very strong move to the upside or downside the consolidation period can be lengthy. If there is a short rally to the upside or downside then the consolidation or distribution phase would be a short period of time. So lets get into adding the indicator, and setting up your chart to trade in ranges using alerts from the Heiken Ashi Algo Oscillator. Open up TradingView Go to your indicators tab and search for Heiken Ashi Algo Oscillator and add it to your chart. In the settings make sure you've turned on the following: Range Range Break Long Range Break Short Support Levels Resistance Level There are a number of other alerts available in the Oscillator but we don't need them for this purpose. And as always, use the default settings. When you get a RANGE signal (Which looks like a line between two left and right arrows.) You want to grab your Parallel Channel Tool. You should have already set your support and resistance levels when you opened your chart for the day so look left of your candle. There should be a support or resistance alert right there. On my chart I have a Resistance level. So I'm going to use this line at the top of my parallel Channel Take your parallel channel tool And place it on that support resistance level just left of the candle . I'll drive it far to the right and make sure it's straight and click again. now drag it down to the closest support level and click again. You have just drawn your range. Also on my chart you can see here that I have 1 range indication and then just after it I have a second range indication. When you get a second one you disregard the first one because price has now entered into a new range. What you are looking at is the Centerline of your range. In this particular instance the first Range Line is lower than the second one so to correct this I have to take the top of my parallel Channel and drag it up until the dotted line is at the close of the candle with the new Range signal. do this by driving the top of the box and not changing the bottom of a box. In this case you can see how the bottom of the parallel channel is still sitting on my support and resistance level to the bottom but the top of the parallel Channel is above my support and resistance level And this is fine. The way you use this is by imagining your parallel channel has three levels. Level 1 = The top line Level 2 = The midline Level 3 = The bottom. Also you must respect any Support and Resistance levels traveling THROUGH the Parallel Channel What you are looking for is any candle that closes its majority size across one of these lines here are some examples: Please watch the video for a perfect visualization of how to do this. Directions of Trades in Range Trading. Follow the arrows. You ONLY trade to the INSIDE from the top or bottom of the channel. You also trade either up or down FROM the midline, depending on the majority close of the candle. Again also respect your support or resistance levels when a candle is crossing them.
Education
by CoffeeshopCrypto
7
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit BINANCE:UNFIUSDT BYBIT:UNFIUSDT COINBASE:UNFIUSD Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes! Delta only shows us market orders. NB!!! Bearish CVD: (used in this trade) Price making LH but CVD making HH. People are aggressively market buying, but highs in price can’t be taken out. Bigger limit order trader has absorbed price Bullish CVD: More people market shorting (CVD) but Price forms HL. CVD makes LL. if price making HL and more people market shorting, then a bigger trader or traders has come in with a limit order and absorbed the market shorts Both leads to trapped traders and you can expect a decent follow through. Not Financial Advice. DYOR. Papertrade before trading with real money. Hope you have a profitable trading day! Shawn
UEducation
by zartraderguy
Is the Pound Dollar flipping bullish?Could we be nearing a bottoming range for the GBPUSD chart? We've been downtrending for a year and 2 months however we can see that the RSI is failing to put in new lows, this could be suggesting that we are well overdue for some bullish price action or at least a relief rally. Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
G
by BlackBull_Markets
CSC-HARSI with Buy SEll alerts and (Name the next one)Welcome, welcome. In today's video I have some way for you all to get involved in a little bit of the development of this indicator. As you read below you'll be able to do me a favor and leave your comments the topic at the bottom where you can name the next indicator tied to the CSC-HARSI 2022. So what would you call it? Read on...... Once again we've returned to the coffee shop and I have a bit of an i-told-you-so video. Sorry this video goes on a lot longer than I thought it would but I had to bring up a few points and I got a little excited telling you guys about some of the new indications and alerts on the CSC-HARSI 2022. The next update will include indications and alerts that tell you when you have entered into a range when you have broken up out of a range when you have a range break down it will also include buy and sell indications as well as when you should exit your long trade or exit your short trade. All that being said you shouldn't use this tool as the be-all end-all for your entries and exits because you will still need to understand a little bit something about price action. While the indicator itself will work very well at telling you when to get in and out of Trades whether you're long or short the combined indicator of the mass effect moving average will help you understand when the trade you're about to enter into before a long for example is a price manipulation and at which point you don't want to get into that trade so I'm doing my best to get you that information and give you that indicator as well but it's going to be a little time before that Mass Effect moving average is complete. However on today's idea about the CSC-HARSI 2022, I wanted to drop a quick video and tell you about some of the upcoming changes so that you guys can come back and give you some ideas and comments below about anything that you're looking for or if you have any guidance on when and how things should be clearly defined in the layout. The reason I bring up these particular points is because after this particular update I will not be updating it unless I need to keep it current to Pine script coding. I simply don't want to over code this indicator was too many alerts and indications and plots and images and stuff like that this should work on this next release well enough on its own while though I do have another idea for another script which you can use along with the CSE hard see if you want and end up having both of them in the bottom of your panel if you like but that 12 is going to take at least a few weeks ago. Since it will be working as a brother to the CSC-HARSI 2022, I'd like to hear back from you guys on what I should name it.
by CoffeeshopCrypto
CSC-HARSI with Alerts for GO long or Short and when to BUYWelcome to the coffee shop everybody I am highly highly highly excited about the new developments taking place with the CoffeeShop Crypto HARSI 2022 Don't let the name of the indicator fool you it can be used on more than just crypto you can use it on all markets or any markets that you choose to use it on. As you know the indicator was released sometime ago and I really want to give a big thank you to all the people who come through Boost the script as well as use it on their charts it's really nice to see you guys doing that and I want to let you know that I get information I get indications of that taking place and I do make sure to follow you because I want to know what it is that you're up to and I want you to see what I'm up to. okay now that we're done with the introductions and all the salutations and make you feel good about yourselfes let's get into what's happening with the CSC-HARSI. Make sure to take a look at the attached video above because you're going to see and hear me discussing the new implementation of 2 types of alerts and indications that show up on the indicator itself. One indication is when it is going to be telling you to Bi-Lo another indication is going to be when it tells you to go long. That is related to people who want to go bullet in the market and Buy Low sell High. "Bi-Lo" Means that the trend is about to reverse or that if you're in a ranging Market you can buy at this very low price. Shortly after that you'll end up getting another indication saying "Go long". This means that you've already bought at the lowest possible price in a safe place and now when it says go long you can set your trade and take profit levels. So "Buy Lo" does not mean enter into the market and set your take profit it simply means that you buy shares at a low price. The other indications that will show up will be simply the reverse of that. One would say "Buy Hi" which means you just accumulate shares or coins or what have you so that you can short them later on. A little while after that you'll get another Indication that says "go Short". This means that you've already accumulated shares at a high value and now you're going to "short" them. In the attached video you'll be able to see how to use the coffee shop crypto and when and how do you use these two separate alerts for example "Bi-Lo" and "Go-Long" or "Buy-Hi" and "Go-Short" As of the recording of this video in the publication of this idea do not look for the information related to that in the coffee shop crypto heart see this is simply an idea to let you know what's coming up next. So in the meantime go ahead add to your favorites from this link and add it to your chart and when I published the new version of the code which will be with somewhere in the next 24 hours I hope you'll get an indication from tradingview and it'll say hey has been an update to this script go and get the new one. At which point you would simply delete the coffee shop crypto from your trading chart, then you would end up going to the Community Scripts and typing in CoffeeShop Crypto 2022 And re-add it to your chart. So again make sure you watch the video that's attached and if you have any questions go ahead and drop them below if you just simply excited about it go ahead link a comment about that below as well.
Education
by CoffeeshopCrypto
10
Setting Support and resistance levels using the CSC-HARSI 2022Watch the video to get FULL details and listen to some commentary. Always feel free to ask questions below. I love talking with you guys. Here is how we do it: Set your RSI and VWAP as its Moving average in the CSC-HARSI The lower the RSI setting, the more S/R levels you'll find. So don't set your RSI to a low setting on a large timeframe chart. For example: Dont set your RSI to 9 on a 1hr chart. Commonly I trade off of breaks of the 50 period EMA on my chart so i set my RSI to 50 and my chart to 1hr. 1. Setup your RSI to a 50 period length with source as CLOSE 2. RSI MA Settings: Set this to the VWAP (NOTE you can not change the RSI MA length if you set it for VWAP as it is now LOCKED to the RSI length) 3. Look for places on your CSC HARSI where the RSI and VWAP close at exactly the same level. 4. The close must results in a crossover and NOT a bounce. 5. If the Heiken Ashi close was a bullish candle, you mark a horizontal line on your chart ABOVE the candle 5a. If the Heiken Ashi close was a bearish candle, you mark a horizontal line on your chart BELOW the candle.
Education
by CoffeeshopCrypto
1
The worst trading strategy for HARSI or any other indicator.**Not gonna lie. This is a 20+ minute video because I almost lost it, and I went on a RANT! The way I see people just blindly accepting and using ridiculous strategies on indicators is just awful.** I have come across countless TV, YouTube, and other online sourced videos filled with misinformation, and I will make it part of my mission to call out these ridiculous strategies. I just cant sit idlily by while you guys blow your accounts away making bad trades off of horrible information, based from someone who obviously is NOT a real day trader. With that, in todays video, with my brain on fire and my mouth being held back, I am going to cover the strategy I keep seeing here on YouTube. Its one that people claim "The developer told them to use." The strategy is for the original #HARSI (#heikenashi #harsi ) I'm here to tell you, that i have spoken with the original developer a number of times and NOT ONCE did they say this strategy is theirs or that they use it. I'm also going to give you a very quick run through of a proper way to use the new version of the HARSI called the #CSCHARSI or (#coffeshop #Crypto #HARSI ) Download the indicator here: My Tradingview Profile: www.tradingview.com
Education
by CoffeeshopCrypto
12
PEOPLEUSDT possible bounce in the golden pocket BYBIT:PEOPLEUSDT Following up from my previous technical analysis on PEOPLEUSDT , We possibly have a bounce happening in the Fib Golden pocket and we have bullish divergence on awesome oscillator and Cipher B PEOPLE has been volatile over the last few days, so think about your entries and TP's. Possible TP areas - Top of the channel forming, daily levels above on my chart or the POC. Feel free to chart the same levels on your chart. See the video for details. if this idea helped you, please give a thumbs up and feel free to follow for more ideas and trade setups Not Financial advise. DYOR. Papertrade before using real money
Long
by zartraderguy
3
$AAVE reached a 10% increase....but so whatGot word today that $AAVE was trading 10% higher than reflected of recent low. Well DUH! THats why its called a "LOW". WHy not talk about it when it reached 2% or 7%? The problem i had with this editorial i read through was they completely failed to mention the almost 200% decrease in price. Half of which took place in just the last 10 days. I mean if youre going to talk about a 10 percent increase in the price to wet the mouths of people in the $AAVE #Community, then at least tell them the FULL story. So with that, Im here to tell you the full story AND give you some advice, as well as place a quick trade WHILE recording the video.
Short
by CoffeeshopCrypto
ATR and RSI in price actionI explain in this video how I view the relationship between ATR and RSI in true trend following situations. This is not about trend continuation or harmonics. This is on the India50 - a 2H time frame. But always one has to look higher to understand the risk and rebellions that may be ahead. Trading is not about investing. It is primarily about exploiting parts of trends. So you're in and out of the markets, to catch a slice of some trend. There are bound to be losses. You absolutely cannot make profits without suffering losses. The business of minimising losses and maximising winning positions - in trend following - has no strict formula. It is about experience in the markets. And each market/instrument has its own personality. For tend followers taking some or all profits in a deep RSI trench is a good thing. The ATR can show important trend switches. There are trading platforms that can be programmed to follow the ATR (or any other indicator), in trend following. (House rules do not permit me to mention here). On such platforms one can program a trade to close if price is above or below a certain figure on the RSI. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
I
by Captain_Walker
Long various alt coins soonHello everyone, I am seeing a potential buy signal on Ethereum and similar alt coins coming up soon (within the next couple of days if not now). I am a purely technical analyst. I believe all the possible news and rumors that all the traders in the world have heard and acted on are already priced in the market. So to me reading what the market is telling me is like reading ALL the news, without reading any! Though I do enjoy reading crypto news at times. Just remember the trading axiom to buy the rumor and sell the news. This was certainly the case for ADA and DOT last year! Anyway I have offered an explanation of my system. I will not give you an analysis that suggests it can go two ways. Those kinds of analyses are pointless in my opinion. How does that help? I am telling you the market is showing at least a short term bottom, and so it is time for me to jump in. In my previous analysis, I suggested a hard down move for bitcoin, possibly to 20k. But now that I am seeing this signal, I have changed my mind. The signals appear when they appear, and I heed them, regardless of what I speculated on prior. That is it for now. If you have any questions, please feel free to ask. Wishing you the best!
Long
by jbrelin
5
ALGO/BTC (Algorand) Chart Showing Promise on a Logarithmic ScaleBINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge. You can follow this chart here . I hope you learn something from this video and if you like it, then please leave a like. If you have questions, then please leave a comment. Thank you.
by TechNerdOmar
1