Trade any market, ticker and time frame with ease by setting alerts for buy and sell signals. Could write a blog on how it works, and will in the near future.
Updates to come!
-Pivots added (can be turned off)
HA candles still recommended for best results.
Finally getting it to the caliber I want it to be at. Have been spending so much time on it for the last 2 weeks, I'm excited to say the least.
Will write a few blog posts / in depth analysis' on what components are involved and how I adjust it to maximize its usefulness. Enjoy!
BTC ) 3KtXXkwKnv3tarRx6ttntu633aantJFZLS
Removed pivots and other design aspects that were solely for appearance
Working on making alerts ONLY @ close, to remove ghost alerts
Heard some negative feedback from 3.0.1 and felt bad. So I scrapped the entire indicator and rebuilt it completely. Much simpler now, which will enable consistency and limit confusion.
Alerts can be set but I need to make a few additions to the next update, which will only send when the candles close, rather than needing you to set that as the alert setting (on the user end)
The strategy that goes along with this indicator is also up to date and is now reaching ~45-55% profitibilty on normal candles, and 65%+ with Heikin Ashi
Components now include -
- Aprine Slow RSI (LazyBear)
Heikin Ashi candle calculations
Accumulation + Distribution
I've now spent 48 hours+ and over 1000 different indicator combinations to get as is, and I still know it can get better. I look forward to hearing feedback from everyone, and will try to respond as time allows.
I plan on launching a blog/making a few posts about the indicator: thies.ventures/blog
Tips can be sent via Cryptocurrency and PayPal to
Differentiation from similar indicators by removal of alert 'tag' visual - replaced by an arrow
Removal of components preventing indicator use on indexes/certain tickers
Addition of components to increase accuracy and consistency. False positives close to completely eliminated
- Changed back to labels instead of non-editable icons
Lesser components involved as whole, but more reliability
Ghost alerts fixed
Also - Here's the base script. Enjoy.
study(title="MarketGod v5.2", shorttitle="Market God v5.2", overlay = true)
Title = input(true, title="Welcome to Market God v 5.1 - This indicator is comprised of several components, inclduing Heikin Ashi candle values, EMA golden crosses, RSI divergences, and more. Feedback is always appreciated, as I have spent DAYS at a time improving this tool for all to learn and use in their trading.")
Title2 = input(true, title="This indicator has been designed to work on the majority, if not all, tickers provided by TradingView. It was designed on BTCUSD but has been tested on traditional equities, FOREX, indicies and more. It was designed using the hourly, 4h, 6h, and 1D timeframes but is ideally good on all of them. Expect the lower frames to be less consistent (for all you 1 minute traders). Updates will continue to be provided and Ive been promising a blog on this in the near future. Stay tuned.")
Title3 = input(true, title="v 5.1 is one of the best and most accurate yet. I believe I have fixed the ghost alert issue entirely, and have also added for the buy/sells to only paint once the candle has closed. This shold eliminate issues on several fronts, but I will continue to fight bugs as the come about")
Title4= input(true, title="Follow me on Twitter at https://twitter.com/kingthies%22)
Title5= input(true,title="Tips via BTC: 3KtXXkwKnv3tarRx6ttntu633aantJFZLS ")
Title6= input(true,title='Tips via Paypal: https://www.paypal.me/emthies')
haopen = security(heikinashi(tickerid), period, open)
hahigh = security(heikinashi(tickerid), period, high)
halow = security(heikinashi(tickerid), period, low)
haclose = security(heikinashi(tickerid), period, close)
heikUpColor() => haclose > haopen
heikDownColor() => haclose <= haopen
price = haclose
source = haclose
smoothK = 3
smoothD = 3
lengthRSI = 9
lengthStoch = 9
rsi1 = rsi(price, lengthRSI)
k = sma(stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK)
d = sma(k, smoothD)
e1 = ema(price, 9)
e2 = ema(e1, 9)
ema1 = ema(price, 9)
ema2 = ema(ema1, 9)
ema3 = ema(ema2, 9)
tema = 3 * (ema1 - ema2) + ema3
dema = 2 * e1 - e2
avda = avg(dema,tema)
Buy = rising(tema,1) and rising(d,1) and haclose > avda
Sell = falling(tema,1) and falling(d,1) and haclose < avda
OscHelper = 0.0
OscHelper := Buy ? 1 : Sell ? 0 : OscHelper
BuySignal = Buy and OscHelper==0
SellSignal = Sell and OscHelper==1
plotshape(BuySignal, color=green, text='Buy', location= location.belowbar,style= shape.labelup,textcolor=white, offset=0, size = size.tiny, title="Buy Alert")
plotshape(SellSignal, color=maroon, text='Sell', location= location.abovebar,style= shape.labeldown, textcolor=white, offset=0, size = size.tiny, title="Sell Alert")
alertcondition(Buy, title='Buy Alert', message='Buy Alert')
alertcondition(Sell, title='Sell Alert', message='Sell Alert')