On Balance Volume - Color Packed Patch'emOBV is provided as a built-in by TradingView.
This contribution grew out of reading about trend discovery, and since the library kept on this end was lacking in a volume-centric indicator, it looked like a good time to play around.
This approach isn't all that much different than many others with the possible exception of its color scheme.
Should you decide to use the script, it might be worth your while to work with the logic of color and line, to produce alerts.
Enjoy.
Long-term
Bitcoin 2-Year MA Multiplier by GodtrixHi guys, I found this tool very useful and accurate, but can't find it on Trading View, so I made one for myself and everyone here ;)
Alert is available too.
Indicator Overview
The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns.
To do this, it uses a moving average (MA) line, the 2yr MA, and also a multiplication of that moving average line, 2yr MA x5.
Note: the x5 multiplication is of the price values of the 2yr moving average, not of its time period.
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns. Selling Bitcoin when price goes above the 2yr MA x 5 (red line) has been historically effective for taking profit.
Why This Happens
As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods can be beneficial to the long term investor.
This tool is a simple and effective way to highlight those periods.
Credit to & Created By
Philip Swift
Date Created
July 2017
BITSTAMP:BTCUSD
Long RSIThe RSI is a technical indicator generally used with the general setting being 14 days, and often shorter.
The accepted view is that a level of 70 indicates overbought conditions, and 30 indicates oversold conditions.
A short RSI setting will give signals quite often, and they might sometimes contradict each other.
As a individual investor, perhaps with a background in fundamental analysis, the RSI might be overlooked for other fundamental metrics.
But the idea here is that longer RSI settings can be used for investing.
The problem that arises is how to know when the indicator has reached a level that is either overbought or oversold.
This script solves that by using a specific look back period (selectable, but the standard is 1 year), and plotting the highest/lowest value that the RSI has had for that time period.
The idea is that a buy signal occurs when the indicator is at a 'historic' low, and a sell signal occurs when it at its 'historic' high.
Since you generally want to buy when the indicator is at its low, and has stopped decreasing, the script comes with a function that shows you when yesterdays value reached a historic low, but todays value is higher than yesterday.
This is shown by a color change of the background to green. The same is true, but opposite, for sell signals and then the background turns red.
THIS IS NOT TRADING ADVICE, AND YOU SHOULD ALWAYS DO YOUR OWN RESEARCH
GOOD LUCK AND HAPPY TRADING
RSI buy opportunityRSI buy opportunity is an indicator to look for the best entries on weekly charts.
It depends on each stock and the values should change to optimize the entry.
Buy when green triangle shows up.
Never buy when red signal appears.
Reliability[UO]This is an SMA based indicator. It gives a sense of long term behavior of the asset to make a reliable trade setup
How reliable is your asset to trade without gambling? Is there a reliable trend?
Is this price dip an opportunity to buy?
Is this price spike an opportunity to sell? Or would you avoid buying now and rather wait a bit for prices to fall down to a more reasonable level?
You can recognize all of those points on this indicator. The best to do is to look at the prices and patterns on the indicator to learn about those points.
Dumb Indicator 9 - Bitfinex Shorts X LongsThis is a way to study how the crypto market is going on Bitfinex, you can see the diference between the Long and Short terms on most popular pairs.
EMA SlingShotUsing ema for close and high, provides optimal entry and exit point. Work best for 1 day period.
