█ Liquidity Trend Waves v1 Release Notes
Price action at it's very core is derived from supply & demand. However traditional metrics for measuring this has been too simplistic. We have created a tool that allows you to easily & quickly determine how the liquidity is trending. Either its trending towards positive (buying pressure) or trending towards negative (selling pressure).
In the example below on
SOLUSDT
you can see there are clearly defined positive or negative trends, this means liquidity (cash flow) is either leaving or entering the asset. Once you think price has either bottomed out or put in the local top, as long as the subsequent liquidity waves are increasingly smaller to the upside and vice versa, then it becomes a higher conviction trade. The clearer the trend and the higher the timeframe the more likely the price is to move in the trending direction.
For increased accuracy we suggest coupling this with some basic technical analysis and signals from Apollo Algo, to add additional confirmation to your thesis.
█ What are you planning next?
This is merely the basic version and we are currently working on the ability to toggle from slow moving to fast moving in order to used for different scenarios such as scalping and not just swinging or long term investing.
Visit our website for access to Apollo Algo.
ApolloAlgo.ai
Or join our Discord community.
discord.gg/ApolloAlgo
If you are using this script you acknowledge past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader.
You can see the Author's instructions below to get instant-access to this indicator & our premium discord.
Price action at it's very core is derived from supply & demand. However traditional metrics for measuring this has been too simplistic. We have created a tool that allows you to easily & quickly determine how the liquidity is trending. Either its trending towards positive (buying pressure) or trending towards negative (selling pressure).
In the example below on
SOLUSDT
you can see there are clearly defined positive or negative trends, this means liquidity (cash flow) is either leaving or entering the asset. Once you think price has either bottomed out or put in the local top, as long as the subsequent liquidity waves are increasingly smaller to the upside and vice versa, then it becomes a higher conviction trade. The clearer the trend and the higher the timeframe the more likely the price is to move in the trending direction. For increased accuracy we suggest coupling this with some basic technical analysis and signals from Apollo Algo, to add additional confirmation to your thesis.
█ What are you planning next?
This is merely the basic version and we are currently working on the ability to toggle from slow moving to fast moving in order to used for different scenarios such as scalping and not just swinging or long term investing.
Visit our website for access to Apollo Algo.
ApolloAlgo.ai
Or join our Discord community.
discord.gg/ApolloAlgo
If you are using this script you acknowledge past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader.
You can see the Author's instructions below to get instant-access to this indicator & our premium discord.
Release Notes:
n/a
Release Notes:
Added features:
Swim with the whales, but dont get eaten
Added features:
- ADX Current Timeframe
- ADX Different Timeframe
- Trend Confluence Background Color Change
Trade with Confidence.