Bonfire
Gann Alignment Tool for DWEBThis is just one of the use cases for DWEB (Dynamic Weighted Equilibrium and Balance). In addition to giving you amazing data and visuals regarding the health and strength of an asset, this hybrid drawing feature adds a whole new dimension.
I call the dots "taps" and they signal very specific reactions based on price, balance, volume, and most importantly time. These taps hold data that allow you to find hidden trajectories and natural price action in the future.
The video will show you how to build very accurate Gann fans in seconds. Though this may be unconventional it's purposely built to provide easy, meaningful, natural, and very accurate fans that always provide valued data (if you know what to look for).
Choosing the best taps for alignment is the art but most of the time I use the longest and/or the most recent.
On smaller timeframes you can use the GREEN and RED taps together to find intersects that hold great data for levels, Fibonacci, additional Gann tools and geometry based charts.
Along with Bonfire (indicator) for squaring and pivots, users that put the time in to learn this system will be rewarded.
This is a pay for use indicator. Please contact me via message on TV or Twitter regarding payment via cryptocurrency.
My charts are too crazy !!!I know they are "chart cancer" to some people. Trust me... I know this... so you can move on if you feel that way. For those of you that power through my charts or follow me, you know I am big on using multiple concepts at the same time to bring confluence. I use my own charts for this instead of asking people and/or waiting for signals provided by others. My thought is : there is no such thing as having too much data available. I also repeat the fact that there is useful data in just about anything right or wrong. The chart you are looking at is from Feb 23, 2019 when BTC was in the bottom range. You can hit play on the link below the full version play out. You don't have to love the way a chart looks to use it. Tradingview has a great feature to replay your data from any point of time. I use often , only sharing a small percentage of my charts because I know they look like a mess to people wanting a simple read. I understand why they would want that. I want that too but this is the only way to cram as much data onto a chart at one time. As you can see, you can always take away drawings but you cant go back and get the same view on an asset that at that very moment. Having the price respect the lines only builds more trust and pattern understanding so why not make your own charts full of data ? I prefer making money over optics apparently. For those of you that stick around , thank you for your time and attention. I hope to make the process of reading my charts easier in the future.
Backtest BTC - Bonfire Adaptive Vibration and live pivotsThis is crazy! Watch video and see how I mark just some of the pivots that were given in advance and "on the fly" . Using replay (med/fast mode) I was able to capture some nice pivots. Because the indicator adapts, I was only able to zero in on some of the bigger swings but the data is there to predict small ones in real time.
Bonfire Vibration on BTC is like having a Crystal Ball This is a final test for the script and I have to say its pretty incredible. Bonfire Vibration adapts to forecast big movement, pivots, trends, levels of support /resistance and intuitive Bonfire MA's. Publishing the chart will not show this adaptation as indicators are locked.
Great for confluence along with Bonfire and/or your TA to confirm price action.
Using the advanced indicators to build trend lines, geometric charts, and Gann can help you customize a trading strategy.
Adding additional indicators makes the possibilities endless