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Gaussianchannel

A Video Explaining how to use the Greer Invest StrategyGreer Invest Strategy Overview: The Greer Invest strategy is designed to assist investors in making long-term investment decisions through a structured approach to buying and managing investments over time. Key Features: Invest: Indicator to pinpoint optimal entry points for investments. Investment Management: Includes an additional feature for strategic selling, allowing investors to rebalance their portfolio or generate cash for other purposes without full liquidation. Precision and Alerts: Offers precise buy signals within BuyZones and customizable alerts for proactive investment management. Purpose: This tool aims to simplify the decision-making process for when to enter or adjust positions in stocks, ETFs, cryptocurrencies, or other assets, focusing on long-term wealth accumulation rather than short-term speculation. Usage: Backtesting: Investors can use TradingView's strategy tester to evaluate the performance of this strategy over historical data. Alerts: Set up notifications to be alerted on potential buy or sell opportunities across your watchlist. Backtesting Results: The Greer Invest Strategy was backtested against the top 50 companies in the U.S. by market capitalization. Here are the key results from this comprehensive test: Total number of trades: 470 trades were executed. Total invested over time: $470,000, with each trade amounting to $1,000. Total Net Profit: The strategy yielded a profit of $162,344.59. Total Net Profit %: Overall, the strategy achieved a 35% return on the total investment. % Trade wins: A notable 82.33% of all trades ended profitably. % Trade loss: 17.67% of trades resulted in losses. Average Max Draw Down per $1000: The strategy experienced an average maximum drawdown of $550.74 per $1,000 invested, indicating potential risk levels. Average Trade Profit per $1000: Each trade, on average, profited $497.93 per $1,000. Average # bars in trade: Trades were held for an average of 396 bars, reflecting a medium-term to long-term trade duration. Detailed Results for Selected Companies: Apple (AAPL): Profit of $6,752 (67.53% return) from 10 trades. Microsoft (MSFT): Profit of $3,294.13 (32.94% return) from 8 trades. NVIDIA (NVDA): Profit of $7,743.43 (77.43% return) from 5 trades. Alphabet (GOOG): Profit of $338.22 (3.38% return) from 2 trades. Amazon (AMZN): Profit of $3,580.17 (35.80% return) from 6 trades. Meta Platforms (META): Profit of $731.04 (7.31% return) from 2 trades. Berkshire Hathaway (BRK.B): Profit of $1,902.01 (19.02% return) from 4 trades. Broadcom (AVGO): Profit of $1,089.64 (10.89% return) from 2 trades. Eli Lilly (LLY): Profit of $1,408.76 (14.09% return) from 12 trades. Tesla (TSLA): Profit of $10,263.41 (102.63% return) from 2 trades. Key Observations: High Win Rate: An impressive 82.33% of trades were winners, suggesting the strategy was effective in picking winning trades. Profitability: The strategy was profitable across various companies, with some like TSLA, NVDA, and AAPL showing particularly high returns. Drawdown: The average maximum drawdown of $550.74 per $1,000 could be a concern for risk management, indicating significant fluctuations in equity. Trade Duration: With an average of 396 bars in trade, the strategy seems to hold positions for a considerable duration, suggesting a medium to long-term approach. This analysis indicates that the strategy performs well across a diversified set of top U.S. companies by market cap, with some standout performers. However, the drawdown and long trade duration might require careful risk management and could impact liquidity or opportunity cost considerations. Credit: Credit to Tushar Chande who invented the Aroon indicator. Credit to Carl Friedrich Gauss who invented the Gaussian process. Credit to Donovan Wall who created the script that has the math for the Gaussian Channel. Disclaimer: The Greer Invest strategy is for educational and informational use only. It does not constitute financial or investment advice. Users should perform their due diligence and consider consulting a financial advisor. There's no guarantee of profit or protection against loss. The creator of this script is not liable for any outcomes from its use.
NASDAQ:AAPLEducation
by controllinghand
How to get more out of the Greer Buyzone ToolIf you have found value in the Greer Buyzone Tool and are interested in exploring additional strategies to leverage its capabilities, I invite you to view my latest video presentation. In this session, I discuss methodologies for profit-taking utilizing the Greer Buyzone Tool in conjunction with other key indicators. I have also developed an exclusive script based on this study, available for those who express interest. I am eager to receive feedback from the community regarding this approach, to further refine and share insights on its application.
NASDAQ:AAPLLong
by controllinghand
BTC upcoming targets for 2023. 36-37K? Hi dear community members and my loyal followers. Let me update my BTC ideas for coming weeks and months. As you see I'm looking at weekly timeframe. After breaking out weekly falling wedge/main diagonal trendline/ BTC reached 25K, then dumped to 19.5K as I posted in my early analyses and bounced back to the same level but this time it succeeded breaking out main horizontal resistance at 25-25.3K zone taking out BSL liquidity above it and reached the main and one of the strongest resistance 28.6-30.5K zone. At the moment we see that BTC rejected at 30.5K zone and droped to 28K. What is my expectations. If BTC loses 27.7-28K zone it will dump to 25-25.3K zone, sweep liquidity below 26.6-26.7K zone and at the same time it will test main horizontal support which is 5D GC upper band. /All charts attached below this analysis. But my highly probable scenario is- BTC will pump from 27.7-28K region to 31.5K filling FVG zone and taking out liquidity above 30K/equal highs/, reaching upper band of weekly GC which is 31.5K after that maybe BTC will dump to middle band of weekly GC or upper band of 5D GC liquidating late longs. It also will give room for alts to explode. I'm sure BTC will hold 25-25.3K. I expect BTC to hold 27.7-28K zone coz Market makers bought and are buying huge amount of BTC at that zone. As soon as BTC reached 31.5K I will update it will pump straight to 36-37K or it will dump to 25-25.3K zone, or it will move sideways letting altcoins to burst./ Based on Total 2 and Total 3 mini Altseason 2023 is going to start in coming days and weeks. In worst case BTC can dump to 25-25.3K zone before reaching 36-37K FVG zone my first target in coming weeks. People who expect lower prices like 18.5-19K even lower 8-12K, they will be destroyed. My minimum target for 2023 is 36-37K then 48K+/52-53K/ and my main target for 2023 is 72-74K.
BITSTAMP:BTCUSDLong
by ergal91
10
BTC did it 2 times in its whole history! at least 58K in 2023? Hi dear community and my loyal followers. As you remember I posted earlier if BTC monthly candle closes above 5D GC/ 25.8K/ better above middle line of weekly GC /27.6K/ #BTC downside action will be limited and it will hit min 58K in 2023)) based on 5D GC and 52K based on weekly GC. BTC managed to close monthly candle above 28476 USD which is above 5D GC upper band and middle line of weekly GC. BTC also succeeds holding 200 weekly MA and it is consolidating below 28.5-29.3K main resistance. As soon as it is broken 34-35K will be on the table. I expect BTC to consolidate between 25.2-29.2K for 3-4 weeks and give room for alts to explode. I expect mini alt season in April as soon as Total 2 main resistance is broken/look below/. BTW based on current projection, the most bullish cross in BTC history will occur on May 1 2023. It happened 2 times in its whole history/no false signals/ and it marked officially bull market start. Check that Monthly 8 & 21 EMA bullish cross chart below. If you like my ideas, don't forget to like, comment and follow please. I will appreciate any single follow and any kind of support, thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
2
Will BTC repeat this identical pattern as it did in 2015? Hi dear community and my loyal followers. Let me bring your attention to this important historical data. As you know I told many times that 2021-2022 bear market look like more likely to 2015 than 2019 taking into account many factors)). That's why in this analysis I'm comparing 2021-2022 bear cycle with 2015. Look at price action bellow 5D gaussian channel, do you see the identical move of the price from 1-7 steps? In 2015 when price approached to mid point of Gaussian channel and range high(#6) it dumped making 2d bottom(#7) , So I expect the same move to be happen now. Price is approaching to mid point of Gaussian channel(#6) and more likely will retrace to 19K+- making double or even triple bottom counting 17.5, 15.5 and potential 19K+- lows. (#7). BTW when price reaches 24.5-25K it will be weekly 50 and 200 EMA also multi-months diagonal resistance. /I will post it a little bit later on regular chart. I also expect such kind of move coz a lot of moon-boys turned bullish and opened long positions at 22.5K and expect 28K+ prices. )) If you like my ideas and analyses, don't forget to like, follow and leave a comment please. I appreciate any single tweet.
BITSTAMP:BTCUSD
by ergal91
Optimism poised for a 75% draw downTLDR: Lots of well established TA suggests OP takes out the previous lows at 0.41. Analysis I am going to begin with the divergence primer just in case a reader is unfamilar with the divergences and what they mean. Divergence Primer Classic Divergence (Trend Reversal) Bearish: Higher highs on price action but lower highs on the indicator Bullish: Lower lows on price action but higher lows on the indicator Hidden (Trend Continuation) Bearish: Lower high on the price action and higher highs on the indicator Bullish: Higher low on the price action and a lower low on the indicator As the chart shews both OPUSD and OPBTC both have great deal of hidden bearish divergence on the Log MACD (and histogram) as well as the RSI and Stochastic RSI. The Gaussian channel is pretty powerful as support and resistance and generally speaking I get excited to buy beneath a red Gaussian channel or when I see price action powering its way through. Not so much with OP right now, with the hidden bearish divergences. I expect the top of the channel will continue as resistance. Likewise the 100 Daily Moving Average is right above price action and I assume it will continue to act as resistance as well. The volume situation doesn't look good to me either. With price breaking out above the Value Area of the VPVR to create all time highs and coming back in on both OPUSD and OPBTC I think we are going to see more typical behavior and the value area will act as resistance, especially on OPBTC. The On Balance Volume has set virtually equal highs with this current peak and the peak from September. That is a sign of bullish exhaustion. It is also concerning that both the 10 and 20 SMA are below the 100. If the OBV regresses to the mean (the 10 or the 20) then that dip would get me deep into the money. Not all the way to target, but deep enough I can have a fairly profitable stop loss. Here is a similar move on Matic over two years ago where Matic dupped and took out what looked like strong support at the 0 line before rallying up to just above the 0.618 retracement before crashing. From there it went 400x If OP has a similar run then I will be quite pleased. Also, if OP crashes down to about the 0.28c I will go in full accumulation mode and hopefully we will see it run in another year or so. Macro I still think a lot of the equities indices are mostly done with their downside. I also like a lot of the "OG" crypto currency coins like XMR, Dash, XPR, BCH and I think a lot of the nu-crypto coins that were the top runners of 2021 are going to crash at bit more before going into long consolidation. That is a lot of moving parts for me to hopefully get right.
Short
by This_Guhy
1
The Rudolph strategy When I have turned on the gaussian channel, I switch to bars instead of candles. When the bars light up red on the 2 week is a good buying opportunity. Right now, it's flashing red on the 3 weeks as well, which is of course even better :) What it basically means is that the bars are closing below the median line of the gaussian channel. It does not mean it can't go lower. It just means that it's an indication of a good buying opportunity historically speaking.
INDEX:BTCUSDLong
by kjetilt
Comparing indicators from different bitcoin bear marketsTLDR: Indicator similarities suggest a strong buy for accumulators. Introduction Price actions causes indicator action and so you can see patterns on indicators stemming from price action. As price action tightens you can see different indicators tighten as well. Most tightening actions on charts is formed by triangles or wedges and as this idea will show, there has been tightening on the MACD Histogram and RSI. Discussion The MACD Histogram (on standard settings) tracks the distance between the 12 and 26 EMAs. A high positive value means the 12 is high above the 26, a 0 means the EMAs have crossed and a high negative value means the 12 is far below the 26. For the MACD histogram to tighten as it did in the 2018 to 2020 chart and the current chart that means the EMAS have been less volatile because price has been less volatile on the indicator. Of course the price action has been consistently bearish. There is no way for the gaussian channel to turn from green to red on such a high time frame without that downward price action. But just as narrowing price action suggest energy is getting coiled up prior to a release likewise a tightening MACD histogram suggests a large move is brewing The RSI provides us with some more information. In the last bear market the tightening on the RSI was mostly sideways which is why it was drawn as a triangle. We don't currently see the RSI going sideways, it is in a falling wedge. This falling wedge suggests that the RSI will ultimately break to the upside with price action. The fact that RSI hit oversold and is under a red gaussian channel is very promising for an upside move as well. It is also comforting for the bulls that the RSI is lower with price at about 19,800 than it was when the wedge began to form at support point 1 in august 2020 than it it is now. The RSI is even lower than during thr Covid dump. This higher low on price but lower low on an indicator is a clear example of hidden bullish divergence. Hidden divergences are my favorite kind of divergences and it is particularly comforting to see them with the RSI at oversold, below a red gaussian channel with a very tight MACD Histogram. There is a lot more stuff going on with the price action but I don't want to make this a post where I throw "Everything but the kitchen sink" at this idea but I will mention some things. Mr. Bollinger, creator of the Bollinger Bands has pointed out that the price is resting on the monthly BB for the first time in bitcoins history. Followers of the NVT are looking at how undervalued bitcoin is compared to the value transactions on the network. Price is below the weekly Keltner channel which has been a historically great place to buy. Lots of "OG" coins like Dash and BCH are nailing in a higher low on multi-year W patterns. ETHBTC has found support on the 200 EMA and is now fighting resistance at 100 EMA and I think that it will beat that resistance. It appears that this has been a very technical sell off until we retested the all time high on Bitcoin and Eth and now this horizontal retest has been complete are premier cryptos are primed to have their new highs and then a real and proper multi year beak market. As an example of horizontal retests see silver and golds retest below, which happened in the 2008 financial crisis. Should price begin to move up taking profit before the 1.618 level seems to be weak handed based on what we can see happened with silver and gold. My Trades I have taken longs in ethe, dash, bch and trx. I like the older coins because I think targeting on them is easier than the newer coins and the can offer me enough gains that I will be happy with the outcome of the trades. But I think they will still be correlated with BTC so I have to watch BTC. I also see this move happening over the next 2-3 years due to how long the W patterns will need to play out on Dash, BCH and other "OG" coins. I mentioned Dash on a differnt forum and was pleased to hear so many people considered the project dead, just like many people are saying bitcoin is dead. That is a sign to me that these coins will be in the stealth phase for a while. My linked ideas go deeper into my rational and my trades.
INDEX:BTCUSDLong
by This_Guhy
11
Even more Bottom Calling on BitcoinTLDR: This and my linked post make a very strong case for limited downside, accumulation and reversal for the next several years. Don't get stupid with margin trading. Analysis I use the gaussian channel to find when an asset is undervalued for chosen time frame. Bitcoin has a history of going sideways under the gaussian channel and so far has never returned to levels below the Gaussian channel when it reenters and the channel has gone from green to red. Very simply price under a red gaussian channel means accumulate. Eventually that will not be a workable strategy but so far the logic is solid. The On Balance Volume with EMAs is a great tool to look at what is happening with volume over time. The indicator lets you set three different lookback periods and you can customize it to look for crosses to show when buy or sell pressure has shifted. I have made some mistakes with the OBV because it is hard to do some analysis on assets that are continually printing new "coins" like bitcoin does so you can't exactly use to look for divergences over large time frames. What you can do, however, is notice when the On Balance Volume is under a long term ema, like the 100. That symbolizes a whole lot of selling pressure and it suggests that the selling is about done. If you want to be a investor I suggest you do some tinkering with the On Balance Volume with EMAs because you can notice a a lot of things. On the chart below I have added the 150 EMA in red to the 100 EAM in green. In 2015 to 2016 the OBV was pinched between those two EMAS while the price action bottomed and made beautiful W pattern. That happened again at the low in late 2019 and early 2019. For the C19 dump the OBV lanced through and then recovered. Right now, the OBV is below the 150 EMA. That has never happened before. This is literally one of the best buying opportunities you could ever find for bitcoin using a simple OBV strategy of buying under a long-term EMA. It is as simple as value investors looking to accumulate under the 200 week on a asset they believe has the ability to recover, or people buying the base of the monthly Bolling band or kelter channel, or buying when the RSI has fallen below 20. And the RSI has fallen below 30, and it has done so bullishly! The RSI is lower now than it was during the dip in late 2018 but the price is currently much higher. A higher low on price but lower low on the indicator is hidden bullish divergence and it can mark great long term buying opportunities. Hidden divergences suggest price action will continue in the direction it was going when the divergence formed so in this case we would look for bullish continuation, or a higher high. Divergence Primer Classic Divergence (Trend Reversal) Bearish: Higher highs on price action but lower highs on the indicator Bullish: Lower lows on price action but higher lows on the indicator Hidden (Trend Continuation) Bearish: Lower high on the price action and higher highs on the indicator Bullish: Higher low on the price action and a lower low on the indicato For target setting I continue to think there will be major consolidation at the 2 level and a top at the 2.618 level from the draw on the chart below. You see that rising wedge formation? Guess what, targeting suggest we will go to the wedge apex then price will spill to the beginning of the wedge and bitcoin loses almost all of its value. What a hell of a ride. My linked idea will show I have been watching for this wedge to act as support for a while. There is a chance that price falls out of the wedge now, which would be painful, but we can limit that loss with stop losses. I don't see that happening right now on account of the bullishness I articulated in this post. There is a rising wedge on Ethereum as well. Linked ideas The linked ideas show a lot of bullishness in the market, whether it be ideas looking at similar indicators, or massive bullish patterns on other cryptos. and it really helps steady my hands going forward. Hopefully they will be of some use to you as well.
INDEX:BTCUSDLong
by This_Guhy
2