MTF Deviation (on-chart) - Mtrl_Scientist — Indicator by Mtrl_Scientist

centeredoscillator volatility trendanalysis btc crypto algotrading scalping

Hey everyone,

This is an on-chart version of my previous MTF Deviation indicator:

I've added more fib levels and you can now easily see the support/resistance price levels.

Release Notes:

Added additional intermediary fib-levels (check settings for more).

Release Notes:

Updated the color scheme

Release Notes:

Changed some labels required for alert automation.

Release Notes:

Fixed typo in alerts, and added experimental algo.

Release Notes:

Added new features:
- Refined entries
- Tier1, Tier2 entries
- TP1, TP2, TP3
- Pump/dump alerts
- Possible re-entries (experimental and disabled by default)
- Removed chart for TF higher than 15min (possible to re-enable in settings)
- Alert level horizontal lines

Release Notes:

Added features:
- Automatically draw S/R areas
- Longer history on higher time frames (1 month instead of 4 days) by losing a bit of accuracy
- Entry signals enabled for 1min & 3min TF

Release Notes:

Changes:
- Improved accuracy
- Clustered signals (1 signal per cluster)
- Improved readability
- Added profit markers

- Removed fib-level labels (too many plots on graph)

Release Notes:

Changes:
- Improved accuracy of entry signals (ignore large wicks)
- Changed TP1/2 conditions
- Clustered TP signals

Release Notes:

- Slight tweak to prevent highly volatile assets from triggering too many signals

Before:

After:

Release Notes:

Changes:
- Added checkbox to choose between legacy settings (default) and switching to more agile adjustments for volatile assets.

Material Indicators

Invite-only script

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 Mtrl_Scientist for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless 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 Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

Warning: please read before requesting access.