kriswaters

Signs [SignalCave]

Swings, Engulfs, Golden & Death Crosses, Price Squeezes, Pullbacks, Breakout & Breakdowns, Volume Rushes

A swing low is when price makes a low and is immediately followed by consecutive higher lows. Likewise, a swing high is when price makes a high and is followed by consecutive lower highs.

Swing Failure Pattern (SFP) is a type of reversal pattern that can be used as buy or sell signals.

Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle 'engulfing' the entire body of the candle before it.
On this indicator, bullish engulfs visible only on downtrend and oversold conditions. Bearish engulfs visible only on uptrend and overbought conditions.

The death cross and golden cross are technical analysis terms for when a moving average (MA) intersects with another from either above or below.
The cross, depending on which it is, can signal the start of a new trend or the end of one.

Squeeze signs signifies low volatility, market preparing itself for an explosive move up or down direction.

Bullish Pullbacks are widely seen as buying opportunities after an asset has experienced a large upward price movement. Most pullbacks involve an asset's price moving to an area of technical support, such as a moving average, before resuming their uptrend.

Bearish Pullbacks are widely seen as selling opportunities after an asset has experienced a large downward price movement. Most pullbacks involve an asset's price moving to an area of technical resistance, such as a moving average, before resuming their downtrend.

A breakout refers to when the price of an asset moves above a resistance area, breakdown refers to when the price of an asset moves below a support area.
Breakouts/breakdowns indicate the potential for the price to start trending in the breakout direction.
For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher.

Volume rush signs appears when the trading volume increases more then a usual period. It can be useful with combining breakout signals as a confirmation.

Alerts are available for various conditions such as "Bullish/Bearish SFP, New Swing High/Low, Breakout/Breakdown, Bullish/Bearish Engulf, Golden & Death Cross, Bullish/Bearish Pullbacks, Squeeze, Volume Rush"
  • Type asset name on symbol search area.
  • Adjust your timeframe that you wish to track.
  • Click "Create Alert".
  • Select one of the condition that you wish to get inform from create alert panel.
  • Select "Once Per Bar Close" option.
  • Click "Create".

SignalCave Strategy Package:
medium.com/signalcave

Pine Script Job Proposals:
t.me/kriswaters
twitter.com/mrkriswaters
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