Trying something different with the same old instrumentThis is not my usual trend following method. This is my experimental no nonstop strategy.
Using my multi-band overbought/oversold oscillator which is implying stock is slowly coming out of oversold area.
Price seems to be in squeeze and linear regression turning positive.
Seems to have crossed downward trend line and holding well.
No stoploss. Hence be cautious :)
The way I am trading this is through buying long bull call spreads so that losses are capped. (And also the profits)
Search in ideas for "oscillator"
BTC Long Market Decipher StrategyPlease give me feedback if you like my BTC LONG Decipher Strategy, as I am going to publish it on mudrex.com so you can get signals to your binance futures account.
-4x gains over buy and hold
-low drawdown
-3 hour chart
-go long when oscillator is moving up
-exit when osciallator is negativ and moving down
-exit on sunday
-pyramiding
ETH Long Market Decipher StrategyPlease give me feedback if you like my ETH LONG Decipher Strategy, as I am going to publish it on mudrex.com so you can get signals to your binance futures account.
-3x gains over buy and hold
-low drawdown
-3 hour chart
-go long when oscillator is moving up
-exit when osciallator is negativ and moving down
-exit on sunday
-pyramiding
BTC vs USD - RSI crosses down 70Looking at the facts, BTC is overbought. RSI crosses down 70 following a 143-day period of crossing up from 30 (perfect buy zone), now we've entered the perfect sell zone. If this is a healthy bull market then this pullback finds support at the 20-week moving average, currently at $9.5k.
Price action is currently above even the smallest of moving averages, extending far above even the 10-day, this is overbought.
Some other food for thought, the weekly historical volatility index - we've not yet broken above the 40 (bottom oscillator on chart below with yellow circles). We've yet to experience the sudden increase in volatility that'll bring a massive price action volatility. I believe the majority are bullish, most of Youtube is. That's why I'm bearish - conversely that's why I think we're making a massive bullish pendent, which would mean price action tests $3k.
BTCUSD Daily Chart - Bullish DPO and MACD AnalysisA slow conservative fib lookback on the MACD indicator is showing bullish momentum building.
And the Detrended Price Oscillator is showing bullish crossover of 0 threshold.
All in cue with the halvening of the mining reward.
Use the DPO indicator crossing under 0 as a stop loss
This chart is shareable.
BTCUSD 8H - Momentum and MACD Nearing ApexThe Momentum Osc is showing a solid S/R apex approaching. "Possible" major volume move within the next 5 days.
Macd indicator is confirming Momentum.
The Detrended Price Oscillator (DPO) is showing more time available but is sill showing potential
But that is why I use at least 3 indicators to track S/R triangulation zones.
2/3 in unison with the 3rd not to far behind (DPO), is good enough for me to take notice.
And the Slow Stoch indicators are showing signs of divergence. Use trend lines to help you determine stop loss
I am bullish on BTC because of the mine halving. But I'm also aware that this could drop one more leg down (MACD S2) before the bulls will be cornered into last defence - before potential for major correction
And now that we see what is potentially setting up we can start using our friendly volume oscillator to help stay "informed" while we determine if the bulls or the bears are going to win.
Volume is still shrinking on the volume oscillator.
Set alert so that it can warn you of potential growth reversal.
Keep track of the growth. Does it show on price action chart that it is bullish or bearish volume?
Use this to help you determine how to read slow volume oscillator:
Good Luck!
Oscillator Divergence Histogram SetupOscillator Divergence Histogram
Identify Divergences on 6 oscillators simultaneously.
From the bottom up.
0 to 1 (black): MACD
1 to 2 (green): Elders Force Index
2 to 3 (blue): RSI
3 to 4 (purple): Awesome Oscillator
4 to 5 (red): Commodity channel index
5 to 6 (orange): Stochastic
You can change the identification of the divergence in the settings and use the Oscillator Divergences indicator to visually see them when testing.
This detects the following divergences between price and the oscillator.
Regular Bullish Divergence: Price lower low | Oscillator higher low
Regular Bearish Divergence: Price higher high | Oscillator lower high
Hidden Bullish Divergence: Price higher low | Oscillator lower low
Hidden Bearish Divergence: Price lower high | Oscillator higher high
Early warning alert system. This identifies a developing divergence and can be used to set alerts.
Colors
Bearish: Maroon
Bullish: Green
Hidden Bearish: Light brown
Hidden Bullish: Light green
Developing early warning are lighter shades of the above.
Pundi X (NPXS) Long Term Analysis | Pundi X Completed ButterflyThe world’s 99th ranked cryptocurrency out of more than 2300 cryptocurrencies Pundi X (NPXS) was moving within a falling channel since Dec 2018.
Following this channel the traders were earning very easy money by simply buying at support of channel and sell at resistance.
The 1st bounce produced more than 80%, the second bounce produced more than 96% and 3rd bounce gave more than 106% profit and then finally in July 2019 the price action broke down the support of channel and since then NPXS has formed a long bear leg.
The Ichimoku cloud:
On daily chart In the month of July the ichimoku cloud turned bearish now after more than 4 months finally the cloud is turning bullish as we can clearly see that lead 1 has crossed up the lead 2 and lagging span has attempted to cross up the priceline.
The Indicators and Oscillators:
The chop zone which was turned strong bearish since Aug 2019 is also turned weak bearish in the month of Oct 2019 and moving average convergence divergence (MACD) is also turned weak bearish from strong bearish and fast length of MACD is likely to cross up the slow length very soon and RSI is also oversold since Sep 2019.
The pennant:
When the Pundi X extended its bear leg then it changed its movement from up channel to pennant by having 4 touches at resistance and 3 touches at bottom of pennant now the price action is at the end of this pennant now from here the priceline can either breakdown the support of pennant or breakout the resistance but as discussed earlier we have seen that indicators and oscillators are turning bullish so we can expect the breakout or more sideways trend.
The harmonic move:
After all above observations the most powerful signal and indicator for me is the harmonic move which is always formed by nature by supply and demands of humans and this time the Pundi X has formed a bullish butterfly now lets have a look at this pattern:
After initial (X to A) leg the B leg is retraced upto 0.786 Fibonacci as required for bullish butterfly and B to C leg is projected between 0.382 to 0.886 Fibonacci projection area of A to B leg this is the second confirmation of bullish Butterfly now finally we needed the retracement between 1.27 to 1.618 Fibonacci and by retracing upto 1.376 the price action confirmed that it has completed the bullish butterfly pattern and now it is in potential reversal zone of this pattern.
Here the important point is that the 1.618 Fibonacci level is in negative and the priceline cannot cross the 0 point so we can assume that the price line has hit the lowest point and cannot move more down now we can set our sell targets between 0.382 to 0.786 projection area of C to D leg.
The buying and sell targets should be:
Buy below 0.00010493
Sell between: 0.00037007 to 0.00101017
According to above calculations the Pundi X can be the coin which is gonna give profit more than all cryptocurrencies.
Regards,
Atif Akbar (moon333)
Tron formed bullish BAT and completed bullish setup for breakoutBear Move And Formation Of Wedge:
From Jun 2019 to Sep 2019 after taking more than 70% drop the world's 11th largest cryptocurrency Tron is moving in a falling wedge now, the formation of this chart pattern was started from Oct 15 2019 the in mean while the priceline of TRX has touched 5 times the support of this wedge and hitting 3rd time on the resistance of the wedge and the upper bands of the Bollinger bands as well, here we can expect the down move for price correction again maximum upto the support of this wedge or it may hit the support or lower bands of Bollinger bands and move up again and then it may take a powerful bullish divergence to have a powerful breakout.
Moving Averages:
On 17 Nov the exponential moving average with time period of 10 crossed down the exponential moving average 20 and formed the death cross which leaded the price action more than 36% down but now we can see on the same day chart the EMA 10 has crossed down priceline and lifting it up and likely to form golden cross with EMA 20 very soon.
Oscillators:
The moving average convergence divergence (MACD) gave strong bullish signals on 21 Dec 2019 with bull cross and Stochastic had already given bull cross before MACD on 18 Dec 2019 the reletive strength index (RSI) was also oversold up til 18 Dec 2019 and then turned bullish but now all indicators are turning weak bullish and they will be turned strong bullish soon when the price correction period will be ended and it can take time until the price action hits the wedge's support or lower bands of Bollinger bands and turns bullish again.
The Cloud Reversal:
On 1st Dec the Ichimoku cloud was turned bearish now it is turning bullish after 24 days, the conversion line has crossed up the base line and has given bull signals but sofar the lagging span is unable to cross up the priceline therefore this bullish cloud reversal is not 100% confirmed unless the lagging span does not cross up the price line we just need to wait and see once it will move beyond the price action upwards then this bullish cloud reversal will be confirmed.
The Harmonic Move:
If we see on 3 day chart then it can be clearly seen that the price action of Tron has formed a perfect bullish BAT pattern let have a look how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this BAT pattern now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg atleast, but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection then it can also lead to the long term bullish move.
However for mid term trade we can set our targets as below:
Buy between: $0.014140 to $0.013032
Sell between: $0.016840 to $0.020867
Regards,
Atif Akbar (moon333)
BTC - Sideways Today.Market in last 24hrs
- As predicted in the previous analysis , BTCUSD price moved up
- Price volatility was high. Market moved ~6.5%, between $9k and $9.6k
Today’s Trend analysis
- Sideways today
- Price at time of publishing: $9,520
- BTC’s market cap: $176 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 55
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
Price expected to trend sideways today. Most of the Oscillator indicators are neutral. MACD histogram is now in positive zone and MACD line is trending up, though still below 0. RSI is trending almost flat, moving slightly above its midpoint 50. CCI, the more reactive oscillator, has crossed down 0. Another interesting point to notice is that volume is now flat, indicating that yesterday’s uptrend is not strong now. All factors indicating that both bulls and bears are struggling. Overall, price is expected to move sideways today.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
ETH - Downtrend Today.Market in last 24hrs
- As predicted in the previous analysis , BTCUSD price continued consolidation
- Price volatility was low. Market moved just ~1.5%, between $233.4 and $238.6
Today’s Trend analysis
- Downtrend today
- Price at time of publishing: $235
- ‘Oscillator‘ indicators are neutral. RSI at 42
- ‘Moving average‘ indicators are indicating a downtrend. Ichimoku Cloud is neutral
Price expected to trend downward today. Most of the Oscillator indicators are neutral with a bias toward sell side. MACD histogram is about to cross down 0 as MACD line is trending down. RSI has been flat for sometime now, oscillating below its midpoint 50, around 42. CCI , the more reactive oscillator, is moving between -50 and 0. All factors indicating that bears are gaining strength. Overall, price is expected to move down.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Oscillator Divergence Indicator by JDLimHow to apply the Oscillator Divergence Indicator by JDLim to your favourite oscillator.
1. Like the script "Oscillator Divergences by JDLim"
2. Add your favorite oscillator to your chart.
3. Apply the "Oscillator Divergences by JDLim" to that indicator.
4. Confirm the correct input source is selected.
5. Trade well and donate if you become successful :)
Link to indicator
end of the gold up trend?in my opinion in these few Weeks gold will start a Down trend but there are two scenarios that might happen if it starts Down trending:
1. As you see it Touches the yellow area and gonna start down trending
2. Next few days Gold touch the red area and after checking oscillators and indicators you will see The reversal signs!
but I think the possibility of the second scenario is stronger because if you check Four hour timeframe With An oscillator like stochastic You will see it's going to the oversold area And it Means the up trend hasn't ended yet !
if Oscillators converging in multi timeframes (4h/1D/1W) then we can say down trend will start and it olny happen when price touches the red area !
Both of the two scenarios are based on the Elliott waves and Robert Minor strategy
good luck !
ACAD bull set-up examplePlaying Trading Simulator Game:
Learning about Stochastic Oscillators.
In October/November the stock closed with lower highs while the corresponding Stochastic Oscillator displayed higher highs. This is called a bull set-up and means the price will rise soon.
On 14NOV17 the Stochastic Oscillator had a crossover giving us a weak buy signal.
On 24NOV17 it climbed above 20 which is also a weak buy signal.
The literature says a buy signal is generated when the stochastic line crosses the 50, but on some charts it looks like that signal comes too late to make a good trade. This requires more study.
#BTC 2H Slow Fib 377 DPO AnalysisSee chart for details. When you slow down the lookback period of any well known oscillator indicators, you get interesting data!
This chart uses a slow fibonacci lookback period (377) for the detrended price oscillator.
If the indicator line is above 0 then the market is bullish
If the indicator line is below 0 then the market is bearish
BUT...
You've got to remember to seek out divergences forming in the TA indicator to find real bottoms and real tops
This minimizes risk because you can set tight stop loss.
NASDAQ Turning bullish after hitting key bottomGood entry point for long term (daily) investors is when the NASDAQ hits the oversold level in the 4H time frame. This occurred on 24th July when the price hit the 2nd (yellow) Bollinger Band level and a level of -48 on the wave trend oscillator. Ideal entry would be in the red band (2 to 3 std dev) and oscillator below -50, but this did not occur. Retest of this bottom occurred early this morning and provides a decent entry point. TP around 11,000 for short term trade
BTC - Local Uptrend to Continue Today.Market in last 24hrs
- BTCUSD price saw a steep downtrend
- Price volatility was high. Market moved ~7.5%, between $8.9k and $9.44k
Today’s Trend analysis
- Uptrend today
- Price at time of publishing: $9,390
- BTC’s market cap: $173 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 51
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
15m Bullish DivergenceYou can see the price made a lower low and the oscillator made a higher low, it is rising. This is a bullish divergence and you should see the price halt and reverse back into a bullish. A 15-minute time frame is a small divergence, so it is best to only expect maybe a few hundred dollars price gain before another divergence brings the price back to bearish.
The larger the time frame the more powerful the divergence. Sometimes you can get false signals or the signals won't be entirely clear. You can mess around the oscillator's settings to try and see things more clearly, but I prefer to keep things at default to try and mostly see what other traders are also looking at and work with the trends.
There are many oscillators you can use and you should do your own research and experience which ones you prefer. I am currently using a Money Flow Index (MFI) which is similar to a Relative Strength Index (RSI) but also includes volume. You can also use Stochastic, Stochastic RSI, KDJ, WR, and there are more.
I use to trade with DEMA crosses but I saw those were lagging by a few candles. Even as a winning strategy it annoyed me how I couldn't tell where the top and bottoms would occur, and sometimes the price would drop lower than my entry before a cross downward and I'd have a losing trade. With divergence, I can see when the price is due to stop rising or falling and select that as an exit or entry, but I have to be diligent at paying attention to the chart. This makes it easier for larger time frames or easier to make scalp trades at shorter time frames. I like to pair an oscillator with a Bollinger Band.
S&P500 Weekly - Toppy SituationDivergence between price and the RSI oscillator, and between price and the MACD oscillator indicate that the current situation going into 2025 is a toppy one. One might consider watching these oscillators and being on the lookout for a shorting opportunity or a bullish resolution of the divergence (less likely) through Q1.
BarnBridge (BOND) - Bullish divergence** warning - tiny market cap **
On the above 3-day chart price action has corrected 90% since June of last year. Astonishingly sellers have returned price action back to support. Is now a good time to go long?
1) Oscillators prints bullish divergence with price action. As a matter of fact more oscillators print positive divergence than the previous time price action moved from 2 dollars to 20 dollars in less than a month.
2) Price action has returned to support. Astonishing, did every buyer of the last move sell back at a lower price?
3) Some other reasons..
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 1%
Timeframe: act now
Return: As before, around 600-700%