Get started

Quantumrsi

BTCUSD flirting with bearish path, Heffae Cloud 4H pathfittingCurrently 4H cloud top is acting as resistance. Price needs to close above 8190 (BitFinex) in order to emerge on the bullish side of 4H cloud. In these situations, the price does tend to flip back-and-forth between channels before taking off strongly in either direction. | NOTE -User pointed out that 4H cloud is GRAY meaning that it has very little influence on price. 4H Cloud top - Resistance until close > $8190 and then support - NOTE -User pointed out that 4H cloud is GRAY meaning that it has very little influence on price. 4H Cloud QRSI - Resistance (bounce zone) until close > $8323 4H QRSI - Support until close < $8100 The price break-down through 4H color-change was expected, but the strong inter-cloud support (also support on Daily real-time path) shows that the price is not necessarily resigned to the bearish channel. The next 8-12H are absolutely critical in determining which direction price will go long-term. Keep an eye on the Cloud top, this is where the flirting between Support/Resistance will happen. I AM FLAT right now!!! Side Note: It looks like market-making BTCUSD dominant influence shifting, different market influencers have gained an important leverage point in BTCUSD price movement. Recent path interactions show that the local trend in Bitcoin is now shifting and we should start seeing new patterns emerging in price over the next several weeks. This means that trendlines, T/A and charting will be invalidated, predictive paths and cloud interactions will not be reliable until the predictive algo adapts to new price movement patterns. Hold on to your hats, I think crypto market is going for a ride!
BITFINEX:BTCUSDShort
by SNOW_CITY
qrsi supports, 4HR cloud interaction, fairly solid long setup.Looking at the upcoming 4HR cloud interaction & qrsi support levels, as long as the price stays above the 4HR cloud and above 0 on the qrsi indicator (4HR) this looks like a bullish continuation and I am fairly certain we will get another leg up from these levels. If the price breaks underneath the cloud top and under 0 on the qrsi, the next support is -2 qrsi which will determine whether or not price continues in a bullish direction! I am in a position now, but will close very quickly if the price closes under 4hr cloud top.
BITFINEX:BTCUSDLong
by SNOW_CITY
UP WE GO FROM HERE, ACTUALLY (I was wrong)Using a different method for q-rsi discovery, I added a predictive engine to the qrsi levels and found very interesting path fitting with totally different rules to the Heffae Clouds path fitting. It will; take awhile to interpret these new-fangled indicators fully, but this paints a pretty damn clear picture right here. I think we will shake-out some leveraged longs for a few candles, (day?) but this is looking Bull-Ish As Fawk WhatchuThink???
BITFINEX:BTCUSDLong
by SNOW_CITY
Heffae Clouds + Heffae Quantum RSINew indicator in the pipeline, thought I would break it out for show & tell. I am short. COULD REVERSE AND CONTUINUE UP!!! Qrsi stands for Quantum Relative Strength Index, and uses Heffae adaptive support/resistance maths as well as some other tricks to develop a "price theory" which functions as a type of relative strength within support and resistance channels. How is this better than regular RSI? Beacuse it shows support and resistance levels as whole numbers from -10 to +10. With discrete levels of overbought / oversold and the zero-point functioning as the basis of significant levels for the price, this can show divs more accurately than RSI could ever dream of. How is this calculated? The Qrsi uses the latest Pine-Script syntax update that allows optimized code to be ran on quantum computers at Oak Ridge National laboratory. ;p The Quantum RSI you see here is plotted as candlesticks in order to have all four O,H,L,C values on the same oscillator without spaghetti. You can toggle between candles and a regular line for relative strength compared to support and resistance channels. Support and Resistance Values are QUANTIZED at levels 1,2,3,..5,7, etc. Each whole number (1 thru 10) represents a calculated support or resistance value. You will see that the price often turns around on whole numbers, 4,5,7, etc. Can also be used just like a classic RSI to spot divergances. It is MUCH better at showing divergences than a regular RSI. Ground-breaking earth quaking awesome sauce. In a nutshell, Heffae Qrsi displays the qrsi as the price level relative to the math, where Heffae clouds are the math displayed relative to price. Now that I have this, do I need regular RSI anymore? - No, not really. :) I mean, is this really BETTER than rsi? - Yes. Way better. It's complex, which doesn't necessarily make it better... but all the extra thinking compared to a classical RSI is so you don't have to. Can I get the source code in order to see how it works? - If you are a developer open to collab and willing to sign an NDA, PM me! WAIT, WHERE IS THE LINK TO THIS INDICATOR? - It's probably not done yet. lol. Look in the comments for links / updates, etc.
BITFINEX:BTCUSDShort
by SNOW_CITY