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blackcat1402
Oct 5, 2020 10:53 AM

[blackcat] L1 Banker Entry Indicator 

Alphabet Inc.NASDAQ

Description

Level: 1

Background

@testtttt1111 inquired me how to model banker entry


Function

[blackcat] L1 Banker Entry Indicator demostrates a simple model of banker entry for long or short

Key Signal

bankerthreshold ---> customized input for threshold value for banker move identification
pumpdumpsoon ---> alerts for pump or dump start soon in green color
longshortentry ---> alerts for long or short entry in orange color
bankermove ---> alerts for banker move in yellow color

Pros and Cons

Pros:

1. indicating banker move and entries
2. simple classification of banker move alerts


Cons:

1. no direction can be identified
2. no volume information is utilized for big fund move


Remarks

A demo for banker entry inquired by @testtttt1111

Readme

In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.

The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.

Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.

Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.

Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.

Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.

Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Comments
breata
I SORRY, I do not speak English well. But it seems to me that you came up with and laid it out very strongly. I understand that this is not the full version (demo). But how can I see the strategy made on it and the full version? Oleg
blackcat1402
@breata, i may update in later release
breata
@blackcat1402,
A very powerful indicator of yours, and not only this one.
racer8
Neat stuff, way to go :)
blackcat1402
@racer8, glad that you like it:D
pluckyHope16304
@blackcat1402, how do I buy premium version?
blackcat1402
pluckyHope16304
@blackcat1402, unable to access. Also, is there any improved version of L1 banker entry indicator ?
pluckyHope16304
@pluckyHope16304, it’s asking me to contact author for access.
blackcat1402
@pluckyHope16304, it is an old bug of tradingview, pls try log off your tv account and re log in and add the indicator, it should work
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