anacondabitch

Consensio Trading System

Consensio Trading System involves using 3 different moving average comprised of 2, 7 and 30-week simple moving average . The trading methodology is simple when all moving average are above one another and is converging up ..You're in a bull market and vise versa for a bear market when all the moving average below one another and is converging down. There are said to be more than 1000 (1k) combination for this system to begin trade with and all pattern require at least 3 moving average. This system is mainly used with the weekly chart for longterm perspective although it can be used up to 30 min for short-term trade setups. The main component of this system is longer-term moving average i.e.30 period if that is down and other MA are consolidating within a range aka death cross back and forth ... the overall market should be considered bear market regardless of other two moving average crossovers.

Hyperwave Channel by Lucid Investment Strategies
Co-hosted by D. Tyler Jenks and Leah Wald

D. Tyler Jenks, the President, and CIO of Lucid Investment Strategies LLC developed the proprietary technical system of Hyperwave. After 40 years as an investment manager, he discovered over 300 examples of Hyperwaves within various asset classes; stocks, bonds, commodities , indexes, and cryptocurrencies
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

We will miss Tyler Jenks very much, we never meet people like him often, there were very few of his kind. Thanks Tyler the father of the hyper wave.
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Dean Tyler jenks, RIP
may the force be with you
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What Timeframe can this be used on?
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Marius1032 mgoblue
@mgoblue, From watching Tyler's videos, he stated it can be used in any asset class and any time frame.
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you said: "The main component of this system is longer-term moving average i.e.30 period if that is down and other MA are consolidating within a range aka death cross back and forth ... the overall market should be considered bear market regardless of other two moving average crossovers."

do you mean it's sloping down (downward trajectory) or it's below the other MAs?
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anacondabitch phaddydee
@phaddydee, yes, however, i'm not tyler .. i'm one of his followers
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What are the MA on a daily, hourly or lesser settings? I know these are for crypto. What are the MA for the regular markets? What are those weekly, daily and hourly MAs? thanks
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phaddydee doktorek
@doktorek, good question....Tyler?
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@doktorek, daily = 14, 49 ,210
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anacondabitch anacondabitch
@anacondabitch, this is exclusively for bitcoin, their actual days for stocks and indexes and things that only trade 5 days a week they aren't .....but I'm using these for Bitcoin because they basically parallel the 14 day the 50 day and the 200-day moving averages
+1 Reply
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