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Sqzmom

Squeeze Momentum IndicatorHello. I thought it would be a good idea to comment on one good indicator. This is SQZMOM by LazyBear. It is one of a class of volatility indicators. It has two indicative messages. 1. Crosses. Black crosses indicate price contraction. Price contraction signals that the movement can no longer be continued in the direction of the previous momentum. Gray crosses mean expansion of the market, respectively, the realization of the potential in the direction of the current momentum. 2. Momentum bars. Green ones show upward movement. Red ones - downward movement. Now let's look at the difference of situations 1 and 2, first of all through the difference of indication 1 (Crosses). No black crosses have appeared on situation 1. The price is breaking out of the channel and further market expansion is taking place. Situation two also has a channel, but we already see 4 consecutive black crosses and a lowering of indicator bars. It is also a divergence at the same time. As with any other indicator, you will monitor whether the bar has reached the maximum zone (90 on average). Situation 1 has not reached, but there are black crosses. Situation 2 has reached ~90 zone. The optimal entry point (in theory) is the first black cross and the down or up bar at the same time. If momentum falls, it's short. If it rises, it's long. However, practice shows that it is not enough, and we have to hedge with other signs. In this case the reliability increases. Now you can predict the candle's exit from channel 2.
Education
by averkie_skila
2
Cross-breeding of systems. BTC D for example.Experimental review. Hi. There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture. I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here). And VFI LF is also unnecessary. So what do we observe, besides a clearly visible very strong support around 39.8%? We have a fresh green cube with a pin bar. 1. Funny, the Renko cube went exactly where the clouds change was last time! 2. Next, Renko's cube climbs Kijun-Sen line for the third time. Believe me, not for it to serve as resistance anymore. Only as support. All tests passed. Chikou span (light green lag line) is looking up. Also a good sign. 3. What about the exact same exit upwards? On the edge of the clouds? Hypothesis! But let's note. That perhaps BTC D is flying upwards to a certain "cloud exchange" point. That's around April 1. 4. Devil, but that looks like a bull flag on a stochastic. 5. SQZMOM is heading steadily to the bullish side I'd say a minimum of three weeks, a month max we need before the first green bar. As this is an experimental approach, there will be neither a "long" nor a "short" mark. Let's see together if this kind of reasoning works? Does reliability improve by combining Renko and Ichimoku? We'll review this chart in second half of the spring 2023. OK? Are you interested in this? Thank you for your attention!
CRYPTOCAP:BTC.D
by averkie_skila
9
Preference for EMA`s over standard MA`s.Hi. Another comment on signal compatibility. In EMA crossing a true death cross should be considered the crossing of EMA100/EMA200. This is usually always dangerous. Since the model situation I want to discuss is now occurring on the daily DXY, let us take it. 1. So there is a fresh death cross printed on January 6. 2. There is no crossing of EMA100/EMA200 now. 3. The candles came out from under diagonal resistance (what about the fact that the rate hike was already built into the conditions by the market?! lol). But how do I know if the momentum is depleted? The index has no volume... With volatility outlook. 4. SQZMOM_LB shows a daily divergence and a squeeze entry before jumping up. Further rise in DXY will be supported by expansion momentum. 5. So I have some confusion about the death cross indication and its possible consequences... If there is no support in the form of right away falling volatility for example... That is why I am looking at other crosses. 6. It turns out that if I short DXY anyway more important indication would be EMA20 and EMA 50 (red and orange). Since the move should be taken as early as possible and not wait for "iron" confirmations. But it turns out that MA cross is too late for a short, and not convincing enough for a continuation of the short at the moment when the cross finally happened... 7. In this case I think we're in for a ~108 level attack, which will prevent a cross at EMA100/200.
TVC:DXY
by averkie_skila
6
Quick Analysis of 3 key indicators on the Bitcoin MONTHLY chartHi everyone, Welcome to another Bitcoin update on the Monthly Chart! As usual, it's all pretty clear in the chart. I take a look at the MACD, Sqz Momentum Indicator and RSI on the Monthly chart. Assuming we are in a new BULL market (as of April/May 2019), here are some points to consider on the indicators: 1) A bearish MACD cross never happens when BTC is in a BULL market. So we expect the blue line to stay above the orange line until the end of this bull market. 2) Squeeze momentum indicator always shows a bullish decay in the red going into bullish rise in the green all throughout the bull market. We do not expect another bright red candle until well into the next bear market 3) RSI always attempts to stay above the 50 mark in BTC bull markets. If that's the case, there may be a little bit more downside but nothing significant at all. This month's candle is likely to go back to green as we've already had 3 red months in a row; that is quite uncharacteristic in a bull market. Let's see what happens in the PA moving forward. Cheers, Leb Crypto
BNC:BLXLong
by Leb_Crypto
1