MensaTrader

Carpe Diem [Alerts]

Carpe Diem Alerts, a wave cycle strategy that only enters when markets are up trending.
The script uses 3 different trend detection indicators including volume which helps with confirmation.

This script has 10 variations built within it which are fitted for the coins differnt coinditions
Alertconditions for longs and long Exits are added for these coins

The coins included are
BTC /USDT 4H
ETH/USDT 4H
LTC/USDT 4H
ADA/USDT 4H
BNB/USDT 2H
BAND/USDT 4H
BAT/USDT 3H
OGN/USDT 4H
ZIL/USDT 4H
BZRX/USDT 2H

How to use the Indicator
You can change what plots are shown in the settings Cog
When the wave lines are green, the market is up trending and will be looking for a trade whereas when they are red, the market is in a sideways or downtrend.
The buy signal is given by the fast wave either crossing over the slow wave line, or crossing over the value of 25.
The exit signal is when the wave crosses back under the 75 value

There is NO Repaint. The script is written in version 4

This strategy performs best on the Binance listings
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact MensaTrader for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Email: actanonverba.code@gmail.com for a free trial

Want to use this script on a chart?

Warning: please read before requesting access.