HOW IT WORKS
The indicator mainly consists of what I call "Cyatophilum Bands", who can be used as either or . The color indicates the current Trend. Buy and Sell signals trigger upon Trend Reversal Breakouts.
These alerts can be used with automated trading systems. They correspond to the big green and red triangles.
For daytraders, there is an option to activate Long and Short signals during a Trend. It can also be used as re-entry points if you missed a major breakout. They correspond to the small triangles.
If you trade BTCUSD , I created an option that will allow you to configure your script on any timeframe from 5M to 1D in one click.
If you do not trade BTCUSD , you can use a custom setup (See the Presentation Page)
This indicators also works on other assets such as Oil or other cryptocurrency pairs such as ETH/BTC .
The script comes with two versions:
The alert Setup is used creating automated alerts
The Backtest Version that will help you see the results on past data. You can choose to enable or disable shorts results.
HOW TO USE
Once I granted you access, you will receive a notification. Add both indicators to the chart. Use the Backtest version to find the best configuration ( BTCUSD is already pre-configured. I post configurations on my Discord Server, and you can ask me for help). Then apply this configuration to the Alert Setup script. Finally, create the alerts.
Before you ask, the script does not repaint. I made sure to not use the security function which I know is bugged right now.
Get the indicator today !
Purchase on my website
If you purchase the Indicator you will get access to my past indicators as well!
- Stop Loss System
- Take Profit System
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 cyatophilum for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until 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 Public Library.
Warning: please read before requesting access.