S&P Bear Zone 34 Week SMA Now LOCKED under DoubleHull 500Like 2000, Like 2008, Like late 2015, and now...
Sma
The "BEST" Collapse Pts of 2008 = 34 SMA vs 500 DoubleBest Crashes have been the fruit of the 34 Day SMA compressing against the 500 DoubleHull MA in 2008.
I believe we are currently in a bear market which will bottom in March 2020 - June 2020
brschultz
The Question: Will S&P 500 4HR 34 SMA reject @ 500 Double HullI think we are in a bear market until March 2020
You can see from history the 34 has bounced off the Double Hull 500. We are approaching... will see if this ties out to my short term momentum model that i am testing ( maybe a Feb 5th peak for short term markets? ).
brschultz : markettimer777
MONERO INSANE PROFIT ?!?!
XMRBTC situated into a big big falling wedge which is a reversal pattern. What is the most important XMR have SMA monthly support which is insane strong :)
Stochastic is oversold
RSI curbating up now is below neutral zone
MACD probably will curbate up soon because to remain bullish in long term we need to hit neutral zone(0) and go up
Gold is pushed up by 55-hour SMAThe yellow metal's price has surged above the 1,285.00 level by the middle of Wednesday's trading session. Moreover, the surge was expected to continue.
In general, it could be observed that the commodity price was pushed higher by the 55-hour simple moving average. The price surged and retraced back down to the SMA during the last couple of weeks.
EURUSD Long idea Fib usedMy idea is that the pair will continue a upward movement given the previous Fib retracement. Initial TP has been set at the recent high.
Sneak Peek: Intelligent Moving Average (AI)Here is the first sneak peak of the beta-version Intelligent Moving Average (AI).
Remember, this is currently the ONLY intelligent indicator on TradingView and any other indicator labelled as an "Intelligent" indicator may not be artificially intelligent.
I have been working hard to publish this in a reasonable amount of time and I should be done with it within the next couple of days (or less.)
Thanks for all of the kind messages and support.
BTC bullflag 1h analysis1hr analysis
Try to blank out what doesn't look relevant as I can't be arsed hiding lines etc to make it simpler and cleaner
(this is why a layers/groups option on drawings would be ideal, remove drawing objects related to an idea eg all trend lines or later for diamond bottom at the click of a button) anyway I digress
Looks to be painting a flag (blue line through candles as they break out of diamond)
flag pole length would bring it in line to reject after touching 200sma (white)
and it also lines up with a gap in the volume profile 3698 3704 3726 are numbers I am watching for candle tops / wicks
REMEMBER - I know we all know this but it is easy to forget. All ideas are second guessing using indicators and other factors to guide us. Everything can change on a candle.
BTCUSD Short Idea - Fibonacci and Stoch used 1HMy idea is that BTCUSD, without any major fundamental changes, will continue further down after it's recent retracement. My initial target is the low's of August 2017. Longer time frame(s) have been glanced at and an appropriate risk/reward ratio has been set. The 1W timeframe shows the initial target roaming around the 200SMA.
Optimised Moving Average!About
This tool measures the profitability of every moving average length combination between 5 and 40 and only displays the most profitable combination.
The Optimised Moving Average can be tested using a Moving Average strategy and the Strategy Tester panel on any instrument or time-stamp.
This can be used on its own, or paired with the Intelligent Moving Average (AI) for a better understanding of the indicators movements.
Challenge
Comment your favourite technical indicator that you would like to be optimised and intelligent in the comments below!
Intelligent Moving Average (AI)Introduction
This indicator uses machine learning (Artificial Intelligence) to solve a real human problem.
The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving average lengths works best in combination with each other.
A reason for this is because no two moving averages are always going to be the best on every instrument, time-frame, and at any given point in time.
The " Intelligent Moving Average " solves the moving average problem by adapting the period length to match the most profitable combination of moving averages in real time.
How does the Intelligent Moving Average work?
The artificial intelligence that operates these moving average lengths was created by an algorithm that tests every single combination across the entire chart history of an instrument for maximum profitability in real-time.
No matter what happens, the combination of these moving averages will be the most profitable.
Can we learn from the Intelligent Moving Average?
There are many lessons to be learned from the Intelligent Moving Average. Most will come with time as it is still a new concept.
Adopting the usefulness of this AI will change how we perceive moving averages to work.
Limitations
Ultimately, there are no limiting factors within the range of combinations that has been programmed. The moving averages will operate normally, but may change lengths in unexpected ways - maybe it knows something we don't?
Thresholds
The range of moving average lengths is between 5 to 40.
Additional coverage resulted in TradingView server errors.
Future Updates!
You can find this indicator in the Indicator Library above your chart, forever!
Soon, I will be publishing tools to test the AI and visualise what moving average combination the AI is currently using.
View the videos that preceded this post here:
TradingView's First Intelligent Indicator!The Moving Average is the most used indicator on the planet, yet no one really knows what pair of moving average lengths works best in combination with each other.
A reason for this is because no two moving averages are always going to be the best on every instrument, time-frame, and at any given point in time.
This will no longer be a problem because this free to use indicator will plot only the most profitable pair of moving average on your chart
when it is applied and it will update when a different combination of moving average lengths becomes more profitable .
This will be the first of a series of indicators that self optimise in real-time called the "Intelligent Series (AI)".
If you like this concept, you will like the indicator.
Also, please like this if you wish to support my endeavours as a contributor and wish to see more intelligent indicators as it is a lot of work.
Comment down below your favourite technical indicator that you want to become intelligent!
GBPJPY opportunitiesOn a daily we saw rejection from the 200 SMA and small support at 147 level. RSI showing divergence, so options for both long and short here with a good risk-reward.
EURJPY longOpportunity to go long here, if you did not on the break of the trend line. Price being rejected at the SMA here. A pending order through the resistance and stop behind the swing give a nice risk-reward ratio.
ElanStrategy v2.0 (weighted MA's)A trend-following strategy with a twist.
I worked on the premise that Bitcoin price swings can not be predicted properly, since it's such a heavily manipulated market. Therefore, I chose to work with following the trend instead of predicting reversals.
It uses a weighted average of short, medium, and long range MA's.
This is the second version (see link below for v1.0), The main difference is that this new version uses a less binary position - it will change the position more gradually.
This one will automatically correct for bar duration, and works well from 1 to 4 hour charts. (1 hour chart seems to have data going back to only 2018/01/01 at the moment of writing, so I recommend using the 2H chart or higher)
Simple Moving Mode vs Simple Moving AverageIntroduction
While this indicator is the first of it's type and has never been built before, it is as fundamental as a moving average!
The code complexity was very high which is the primary reason this has not been done before.
The indicator operates in real-time and does not change after it has been plotted as it has been coded in the latest Pinescript V3 meaning that it is fully functional for trading!
Understanding the Simple Moving Mode (SMMO)
By definition, the mode is the value within a set of data that occurs the most often. This makes it different to an average or median. In this context, the “ Period ” of the moving mode defines how many candlesticks should be used in the data set.
Once the period of data has been defined, the most commonly occurring price within that set must be determined. Unfortunately, the event of any high, low, or closing value of a time stamp being the same is infrequent as many securities trade to the precision of at least two decimal places. To overcome this, the middle value represents each candlestick in the data set and a user defined precision factor has been created labelled, Range .
Setting this value to zero will mean that each value within the period must be the same, while setting this value to “1” will allow for +/-0.5% between the values, making modal occurrences more common. If a mode does not occur within a set, the indicator will automatically plot the candle value.
Indicator Utility
The Simple Moving Mode has many different applications. While price action can be used as a point of reference when trading with the indicator, it is recommended to pair the SMM with other indicators to create points of interest.
Note: The SMA is set at a shorter length than the Moving Mode for the above demonstration.
Remember, the mode will only change when another more commonly occurring value presents itself. For this reason, the SMM appears as a Step-Line. This indicator works as a perfect representation of a Moving Mode with a defined period. Any indicator that is plotted as a smoothed or curved line is NOT MODAL.
Don't forget to give it a like!
Right now, the script only caters to a period length of 1 to 50. If there is enough interest, I will continue to finish up to a period length of 200 (this will probably be another 1000 lines of code).
Happy Trading!
Find more information on this indicator at this link: bit.ly
See all of my indicators here: www.tradingview.com
EURCHF Price At Support Level, Trend Continuation ExpectedAs seen from the chart, the price of EURCHF currency pair is currently at a support level.
Overall price trend is bullish as confirmed by SMA(100).
Price is expected to bounce of support level and move towards the respective resistance levels.
Do let me know what you guys think.
EURUSD AIMING FOR 100 DAY MOVING AVERAGEThe euro currency continues to press higher against the US dollar in early Friday trading, with price now holding above the 1.1600 level. The MACD indicator is trending higher on the daily time frame while the EURUSD pair is still exhibiting bullish price-action. Buyers are currently aiming for the pairs 100-day moving average, while sellers need to close the week below the 1.1553 level.
The EURUSD pair is strongly bullish while trading above the 1.1600 level, key resistance is found at the 1.1627 and 1.1650 levels.
If the EURUSD pair declines below the 1.1600 level, key intraday technical support is found at the 1.1575 and 1.1553 levels.
GBPJPY Long since October 1stGBPJPY according to our strategy looks bullish all the way to 150.00.
Check out the video on YouTube: youtu.be
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BTCUSD: Comparing 2014 & 2018 with ConsensioIntro: If you've seen the Hyperwave channel on YOUTUBE you're familiar with Consensio, if you have not, the idea is to REMOVE price and just look at Lagging Indicators to determine where price is headed. Let's dive into the 2014 & 2018 comparison:
Method: Using EMAs instead of SMAs in this analysis as these offer less noise.
Color Scheme Pattern for Consensio:
1) Fast Moving Average (FMA) is 2 periods (Lime ascending and Green descending)
2) Intermediate Moving Average (IMA) is 7 periods (Yellow ascending and Orange descending)
3) Slow Moving Average (SMA) is 30 periods (Red ascending and Maroon descending).
Oscillator Explanation: Uses the same moving averages BUT uses the 30 Period SMA as the BAR to determine a bullish or bearish market.
Analysis:
A) Both the FAST MA (FMA) and INTERMEDIATE MA (IMA) dive below the SLOW MA (SMA) and bounce back on top of it briefly. The MA oscillator shows this with the blue BULLISH bar April & May 2018 and June & July 2014.
B) The rejection was followed by another dive in which the FMA NEVER crossed the IMA until it found a bottom in price.
C)The FMA climbed over the IMA briefly in March of 2015 and July of 2018 (our last rally up to 8.4K) after both bear periods found a bottom in price.
D)If we keep moving sideways, we're bound to test the SMA. A failure is expected to grab the momentum to climb back on it for good.
Disclaimer: This is not advice but a cross of the Slow Moving Average and finding support once again at 6K is good confirmation to enter a trade.
Comment & Like: This is a learning community your comments and feedback are appreciated.
DXY Long - Clears BULLISH USD Across the BoardMultiple confluences on long term outlook for DXY.
Prepare for bullish flow - which will push EURO and GBP downwards.
Fibonacci retracement shows clear path to multiple new highs.
200 EMA is maintaining its support.
We will monitor volume to indicate exact TP Levels.
Currently looking at 1.1618 and 2.1618.
More to come. Good luck.
NZD Battered by Strong USD, Trade ConcernsNZDUSD has extended its losses for the sixth day in a row, touching key levels in the 0.65’s. A strong US dollar and US/China trade concerns have both spilled over into NZD. There are many bearish signs, and if we break through the 0.65’s, there is a vacuum zone to the 0.62’s, which we haven’t seen since 2015.
At the time of this writing, NZDUSD was trading at 0.6549.
Levels from above will provide resistance, including:
0.6727 from highs and lows over the past 14 periods
0.6851 from highs and lows over the past 30 periods
0.7061 from highs and lows
Levels from below will provide support, including:
0.6547 from highs and lows over the past 14 periods
As for Technical Analysis we have the following. Volatility has narrowed a bit but may continue more before a breakout. The RSI indicator suggests that we are in a bear trend, but not oversold yet. The MACD is above the signal line, but not by too much, suggesting that we are in a bull trend which may continue. NZDUSD is below the 50 period SMA, indicating a bear trend. The ADX indicator suggests a bear trend, at 30.
We have some room until we reach lower bound of the Kovach Reversals Indicator at 0.6535. We are likely to find resistance at the central moving average of the KRI at 0.6659.
Daily Scores: Bull Score: 1 Bear Score: 3 Ranging Score: 0
NZDUSD intraday seems to be ranging, clinging on for dear life at the immediate moment after taking a beating the past couple days.
Levels from above include:
0.6562 from gaps
0.6592 from sma 50
0.6650 from gaps
0.6702 from gaps
0.6721 from highs and lows over the past 100 periods
Levels from below include:
0.6542 from highs and lows over the past 14 periods
Technical analysis for NZDUSD intraday is as follows. Volatility has consolidated slightly. The RSI indicator suggests that we are in a bear trend, but not oversold yet. The MACD suggests that we are in a bullish phase but not overbought yet. NZDUSD intraday is under the 50 period SMA, which is currently at 0.6592, indicating bearishness. Additionally, NZDUSD intraday is below the 100 period SMA, which indicates a bear trend, but not oversold yet. Finally, the 50 period SMA is about on par with the 100 period SMA which suggests we are ranging. The ADX indicator, at a value of 37 observes a modest bear trend.
We are below the central moving average of the Kovach Reversals Indicator at 0.6571, and fairly close to it. If we lose momentum, we'll have support from the lower bound of the KRI at 0.6524.
Intraday Scores: Bull Score: 1 Bear Score: 4 Ranging Score: 1
