Vision is an advanced momentum oscillator that visualizes momentum strength with overbought and oversold readings.
Features
Custom Strategy Builder
The custom strategy builder is a framework that allows you to easily create custom strategies.
1. Configure long/short conditions
Pre-defined conditions for custom timeframes, under which you're looking to potentially enter a trade.
2. Configure trigger
Select a trigger (e.g. "Wave Cross" or "Wave Lower High") to generate labels/alerts for potential entries, whenever long/short conditions are met.
3. Configure Take Profit Conditions
Potential Take Profits are triggered by momentum stagnation.
4. Backtest your strategy
By using our open-source backtester script (published on our profile).
5. Trade responsibly
Manually review each signal/alert before taking any actions.
Note: The "Strategy Backtest" input section can also help you develop your strategy.
Usage
You can use this indicator to follow the trend, detect momentum shifts or memorize patterns.
Take a systematic approach by using our strategy builder.
Access to this indicator can be obtained through our website.
Features
- Momentum Waves
- Divergence Detection (regular and hidden divergences)
- Detection for momentum shifts (detects higher lows/lower highs on the oscillator)
- Detection for momentum stagnation
- Moneyflow
- Most important: Our Custom Strategy Builder
Custom Strategy Builder
The custom strategy builder is a framework that allows you to easily create custom strategies.
1. Configure long/short conditions
Pre-defined conditions for custom timeframes, under which you're looking to potentially enter a trade.
2. Configure trigger
Select a trigger (e.g. "Wave Cross" or "Wave Lower High") to generate labels/alerts for potential entries, whenever long/short conditions are met.
3. Configure Take Profit Conditions
Potential Take Profits are triggered by momentum stagnation.
4. Backtest your strategy
By using our open-source backtester script (published on our profile).
5. Trade responsibly
Manually review each signal/alert before taking any actions.
Note: The "Strategy Backtest" input section can also help you develop your strategy.
Usage
You can use this indicator to follow the trend, detect momentum shifts or memorize patterns.
Take a systematic approach by using our strategy builder.
Access to this indicator can be obtained through our website.
Release Notes:
Reworked inputs
-reduced complexity of strategy builder
-reworked strategy builder
-reduced complexity of strategy builder
-reworked strategy builder
Release Notes:
Fixed an input issue that would stop you from adding Vision to your chart
Release Notes:
Added Stochastics
Release Notes:
Added "Stochastics Align" alert
Release Notes:
Momentum Waves Update:
-added Overbought Dots (bearish wave cross above overbought threshold)
-added Overboughts/Oversold Dots settings
-added Overbought Dots (bearish wave cross above overbought threshold)
-added Overboughts/Oversold Dots settings
Release Notes:
Reworked divergences
-added option to use the "Fast Wave" for the divergences
-added option to use the "Fast Wave" for the divergences