🔗Blockchain Fundamentals - Bitcoin's Stock to Flow Ratio🔗Blockchain Fundamentals - Bitcoin's Stock to Flow Ratio by Cryptorhythms
Intro
What is a stock to flow ratio and why is it important? The stock-to-flow ratio of a commodity is the amount of the asset that is held in reserves divided by the amount produced every year.
The higher the stock-to-flow ratio the reduced inflation occurs on the asset annually. Commodities with a higher stock-to-flow ratio are preferred for their scarcity.
How does it relate to Bitcoin?
Today, Bitcoin has a considerable lower stock-to-flow ratio than gold and this is where the opportunity presents itself. Bitcoin’s software has a core component cooked into the protocol in the form of an event called “the halvening”
‘The halving’ is an event that happens every 210,000 blocks or roughly every 4 years where the block reward given to the miners for securing the network gets halved. For example in 2009 the block reward was 50 BTC and today in 2019 it currently sits at 12.5 BTC with the ETA for next halving happening on Mon, 25 May 2020 which will take reward down to 6.25 BTC.
The idea that Bitcoin is the first ever truly verifiable, non-confiscatable fixed asset to exist is an extremely powerful concept. Without its strong and non-inflatable monetary policy Bitcoin would have a futile attempt of being able to disrupt gold and even accrue value in the first place.
Over the next several decades we will see Bitcoin’s stock-to-flow ratio increase significantly into never before seen water. No other asset will have anywhere near the scarcity of bitcoin.
With the incredible influx of talent coming into the industry to build out the infrastructure (custodial, ETF’s, futures) needed to allow legacy financial institutions to dip their toes in the soon smooth and regulated crypto asset waters. The next few years will be very interesting.
You might say "where will all this capital come from to propel bitcoin to new all time highs?"
1. Well asteroid mining is coming which could well eliminate golds scarcity. Your garden variety metallic asteroid could contain as much gold as half the gold humanity has ever mined!
2. Countries/economies with negative interest rate monetary policy and /or heavy quantitative easing. Their currency supply and debt just keep increasing...
3. Countries looking for ways around the USD dominated and US controlled financial systems (Iran, Russia, Venezuela, North Korea, etc)
4. There's tons more I just wanted to highlight a few.
Usage
You can compare Bitcoin with various other precious metals and commodities from the settings panel. I suggest a logarithmic scale for this indicator, other wise most assets are clumped at the bottom:
There's also plots for the forecasted (estimated) SFR ratios after the 2020 and 2024 Halvings.
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For Trialers & Chat: t.me
Cryptorthyhms
🔗Blockchain Fundamentals - Average Cap & Top Cap -Cryptorhythms🔗Blockchain Fundamentals - Average Cap & Top Cap (Marketcap Alternatives)
Intro
Last one for a couple days but then I will be back! Here are the marketcap alternatives Average Cap (created by Renato Shirakashi) and Top Cap (created by Willy Woo).
Descriptions
Average Cap
This is the "forever" moving average of Market Cap. The cumulative sum of daily Market Cap values divided by the age of the market in days.
Top Cap
Willy Woo: "I found historically 35x Average Cap picks the market top. This 'Top Cap' together with Delta Cap creates a 'Valuation Bollinger Band'. Top Cap helps us estimate the next top, I would guess at $90k as a minimum (on the early trajectory). Top Cap is very experimental."
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💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
🔗Blockchain Fundamentals - Fee Ratio Multiple by Cryptorhythms🔗Blockchain Fundamentals - Fee Ratio Multiple by Cryptorhythms
Intro
Back with the next indicator in the Blockchain Fundamentals Series! Hope everyone is enjoying using these as much as I enjoyed porting them to tradingview. This one is not a buy / sell signal, but useful none the less. Created by Matteo Leibowitz.
Description
Fee Ratio Multiple (FRM), which seeks to measure the transaction fee revenue growth required for dis-inflationary Proof of Work chains to maintain existing security levels once block rewards are fully phased out. A high FRM suggests that a network will have to maintain inflationary block rewards in order to sustain security, whilst a low FRM suggests that a network can maintain existing security levels while simultaneously achieving low inflation. The latter outcome is arguably more desirable for a long term Store of Value and protection against inflationary government-controlled currencies.
FRM is explicitly about security, which should be considered the foundational layer of the chain stack. By looking at FRM we can deduce how secure chains will be once block rewards disappear. Further, FRM implicitly measures the strength of an assets properties as a Store of Value.
A low FRM suggests that an asset can maintain its current security budget (miner revenue) without having to rely on an inflationary subsidy.
Conversely, a high FRM suggests that an asset will require heavy inflation via block reward subsidies in order to maintain its existing security budget.
I suggest everyone read the article here for further clarification on what this indicator means and how to use it: medium.com
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
🔗Blockchain Fundamentals - PUELL MULTIPLE! by Cryptorhythms🔗Blockchain Fundamentals - PUELL MULTIPLE! by Cryptorhythms
Intro
The PUELL MULTIPLE! is a way to gauge market cycles from a mining profitability / compulsory sellers' perspective. It takes total miner revenue and adjusts by its yearly moving average. Calculation = mining revenue / 365-day simple moving average of mining revenue.
(The indicator is written that way in all caps at the request of its Creator David Puell)
Still over half a dozen blockchain based indicators to come (follow me and dont miss them!)
IS THE BOTTOM IN ?
The PUELL MULTIPLE! seems to suggest it is. With an insanely accurate call history this is a long term bitcoin maximalists dream indicator. You're welcome!
Extras
As usual we took care of you with some selectable options for the MA type and length so you can experiment.
Want more information?
For a better write up that I could do, check out this thread here: medium.com
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
🔗Blockchain Fundamentals - BTC Network Momentum - Cryptorhythms🔗Blockchain Fundamentals - Bitcoin Network Momentum by Cryptorhythms
Description
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin`s price. It serves as a leading indicator of Bitcoin bull markets. Sufficiently high levels of value throughput is needed drive bull markets.
Network Momentum, if it was corrected for Bitcoin`s expanding token supply, would essentially be Bitcoin Velocity. In other words an inverse chart of NVT Ratio.
Bitcoin Network Momentum is another piece of the puzzle to help our understanding of Bitcoin fundamentals and their impact on price. Bitcoin Network Momentum looks at the relationship between Bitcoin’s price and the BTC value of daily transactions flowing through the blockchain.
It is important to note here that we are using the BTC daily value flowing through the blockchain, not the USD daily value which NVT Signal uses.
What we see when we look at this is that the BTC value of daily transactions acts as a leading indicator of Bitcoin’s major market phases.
Extras
We give you the option of changing the median price lookback length
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
🔗Blockchain Fundamentals - Bitcoin Velocity by Cryptorhythms🔗Blockchain Fundamentals - Bitcoin Velocity by Cryptorhythms
Description
The velocity of money is the rate at which money is exchanged in an economy. It is the number of times that money moves from one transaction to another. It also refers to how much a unit of currency is used in a given period of time. Simply put, it's the rate at which people spend currency. The velocity of money is usually measured as a ratio of gross national product (GNP) to a country's total supply of money, in traditional markets.
Here is the formula proposed by twitter user PositiveCrypto, implemented for you here on tradingview.
How does it relate to Bitcoin?
Is bitcoin trending towards savings or payments? This can help you decide. It is similar to Bitcoin Network Momentum, except this takes into account bitcoins increasing supply.
Low velocity implies HODLing and Speculation on future value. People looking at bitcoin as a longer term investment.
Higher velocity indicates currency changing hands faster. Perhaps as an indication of adoption pushing bitcoin towards a payment/transaction usage.
Opinions and Hypothesis
In the midst of the last bear market we saw velocity spike, perhaps as people gave up on investments and starting using it for payments.
As the 2017 bull run sucked in more buyers at higher and higher retail prices, velocity decreased, perhaps as those people did not want to sell at a loss.
As we entered the big dip in Nov 2018 velocity began increasing, as some capitulated and others were drawn into the market by lower prices.
Extras
I added in additional functionality so you can change the moving average from SMA to a few other choices (more MA's to choose from coming soon in future update). I also added a variable to change the length of said MA to your desired value so you may experiment. You can also chose to display as a line or area plot depending on preference.
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
💦Gunbot Watermarking Tool by Cryptorhythms💦GunbotGroup Watermarking Tool by Cryptorhythms
👋Heirophant and the Cryptorhythms Team here with a script that is sorely needed....
💭I got to thinking about how so many scammers on telegram and other media reuse other peoples charts and analysis (sometimes selling them). I find the whole scheme repugnant. Consequently I wanted to help legitimate groups keep their intellectual property ownership and brand integrity.
👮This is for Chartists and Signals Groups both Public and Private. It helps to prevent copiers from stealing/reposting charts & signals. It watermarks the chart with an ascii art drawing.
There will be many groups to get one of these! Please dont ask for access as this is for their admins only.
But dont despair - there will be a public library watermarking script with a ton of funny trading memes in it for you to mess around with (estimated release in a week or so - just adding more watermarks).
💬 If your group is interested in a custom watermark, contact me and let me know! (They are free!)
🖖Happy Trading!
🤥 FibsDontLie Automatic Fibonacci by Cryptorhythms🤥 FibsDontLie Automatic Fibonacci by Cryptorhythms
Had a few requests for an auto fibonacci indicator. Nothing too ground breaking here, self explanatory options. Background color highlights when price close crosses a fib line. User can define the lookback range.
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join. t.me
♒Hurst Cycle Channel Oscillator v1.0 by Cryptorhythms♒Hurst Cycle Channel Oscillator v1.0 by Cryptorhythms
👀 This one was not in the public library yet. Thanks to lazybear for the original Hurst Cycle Channel code, which was used to create this.
📜 Description
In the late 60's a NASA aerospace engineer J.M. Hurst published ‘The Profit Magic of Stock Transaction Timing’. Ironically, his book, by some considered the best book ever written about stock market cycles and swing trading, became available during the deepest and most extended Bear Market since the Great Depression. From 1972 on brokers couldn't give blue chip stock away in a Wall Street lunchroom. There was no market for a book by a stock market timer, and the book became a hidden treasure.
The Oscillator version of channel cycle was not on tradingview yet, so here you go, hope you all enjoy! The Hurst Channels and the Hurst Oscillator, be it combined or separate, can be implemented to uncover turning points in all time frames. Note that the Hurst Oscillator is basically just another presentation of the position of price in the Hurst Channel.
You can use it similar to an RSI looking for divergences. Also similar to a ema fast/short cross strategy when you use the signal line as entry/exit. You can also of course use the overbought/oversold zones as well.
Here is a screenshot with the example of bar coloration:
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join. t.me
🔗 Blockchain Rhythms by Cryptorhythms🎼 Blockchain Rhythms v1.0 by Cryptorhythms
This indicator and data plot suite is for bitcoin BTCUSD analysis over longer periods and higher time frames. 🚨For this to plot anything you must use on Daily or higher timeframe🚨 .
You want to have an alternative to the typical technical indicators you see everywhere? This is it. Seen crypto twitter talking about/using all sorts of indicators you have never seen before on tradingview? Here you go. Are you a long term investor and not a short term speculator?... I think you get the picture...
With the wealth of data here, I cannot go into a fully detailed analysis for every indicator. Please make liberal use of google and as always DYOR before trading on a system you have never used.
These indicators are best observed versus a logarithmic price scale. If I have missed any indicators you think should be in here let me know! Let me preempt that by saying MVRV and UTXO Age Distribution are not possible to create on Tradingview at this time.
🚧Error Screen:
If you see this you need to choose a data-point or indicator to plot!
⌚If you are loading this indicator with alot of chart history shown (as in the example screenshots) it may take up to a minute to load.
Please note: some of the screenshots below show chart title plots which I subsequently had to remove due to limitations. If you would like a title for all the plot, simple use the Indicator Labels checkbox option located in the scales tab of chart settings.
[b📊 Fundamental Blockchain Indicators
NVT Signal & Ratio
Both are related. NVT / NVT Signal can be interpreted as the strength of market confidence in the means of payment / settlement layer narrative. A “measure of the chain’s strength as a payment network compared to its market value — a low NVT may suggest that a network is undervalued compared to the service it is providing as a settlement layer” (Matteo Leibowitz).
💰NVT Ratio:
NVT Ratio (Network Value to Transactions Ratio) is similar to the PE Ratio used in equity markets.
When Bitcoin`s NVT is high, it indicates that its network valuation is outstripping the value being transmitted on its payment network, this can happen when the network is in high growth and investors are valuing it as a high return investment, or alternatively when the price is in an unsustainable bubble.
🚦NVT Signal:
NVT Signal (NVTS) is a derivative of NVT Ratio created by Dimitry Kalichkin. This indicator provides more emphasis on predictive signaling ahead of price peaks.
🚀Bitcoin Velocity
Velocity is a measure of how quickly money is circulating in the economy. Is bitcoin trending towards savings or payments? This can help you decide. It is similar to Bitcoin Network Momentum, except this takes into account bitcoins increasing supply.
🏃Bitcoin Network Momentum
Network Momentum is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin's price. It serves as a leading indicator to bitcoin price, in that we need high levels of value throughput to drive the bull market. This indicator is experimental.
Both daily transaction values and price exhibit cyclical patterns, but not in sync with each other. A hypothesis to explain the mismatch is that short-term mindset traders (using exchanges) heavily influence price; but long-term mindset investments (more likely to be directly recorded on-chain) have a greater contribution to the daily transaction value recorded in the ledger.
An alternative to the NVT / NVT Signal - tracks the relationship between Bitcoin’s price and BTC volume flowing through the blockchain network.
Ⓜ Mayer Multiple
Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day SMA by default), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames.
It`s worth noting as the market becomes larger and less volatile, the peaks are becoming less exaggerated. This is because a 200 day moving average baseline is a static yardstick against an ever growing, more stable, Bitcoin market. We should eventually re-calibrate what constitutes the overbought/oversold extremes on this chart accordingly.
A more fully featured Mayer Multiple version available here:
💲 BTC Marketcap and Thermocap
We are all familiar with marketcap, but it does come with its disadvantages.
A more appropriate measure of network value was recently put forth by Nic Carter. Remember capital flows in crypto generally do not come in via exchanges (miners notably like to sell OTC). Every buy in an exchange is matched by a sell. Money that comes in = money that goes out.
True inflows (in Bitcoin, at least) are the aggregate of resources spent by miners¹. And a good proxy for that is the amount these folks are earning back from networks they support in return for their investments. That’s aggregate security spend (or Thermocap): what was actually paid out to miners (transactions * their price in USD at the time they were mined).
There is an option to deduct lost coins, genesis (Satoshi's) coins, and dead HODL'ers coins from the marketcap. This information was taken from ChainAnalysis' 2017 report
This shows both plots for comparison on a logrithmic scale:
⛏Mining Indicators & Data
⛏ Petahash Dollar Ratio
Bitcoin’s Hashrate (Daily PetaHashes) to Daily Mining Earnings (PetaHashDollar) is a robust metric to asses the day to day mining profitability. In addition, when plotted over the past five years, its overall trend represents a good way to quantify and visualize the relative progress in efficiency of ASICs (more specifically the inverse of that metric: 1/relative mining efficiency).
⛏Unmined Coins Marketcap
A simple statistic I created to plot the value of the unmined BTC still waiting to be extracted. If you find any interesting value for analysis please message me and let me know.
⛏Percentage of Total BTC Mined
I hope this one doesnt need an explanation. 😅
#️⃣ Network Hash Rate
A network's hashrate is the most important data point in blockchain tech. It indicates to the world how secure its network is. The hashrate is the "bridge" between the analog world, and the digital world. Essentially, the hashrate describes how much computing power (called hashing power in blockchain speak) is being thrown at the network, by users all across the world. These "miners" are running servers with dedicated processing chips to solve random, cryptographic math problems. The reason miners do this constant computing is that it betters their chances to reap a "block reward." The block reward entitles them to:
1.)Newly "mined" coins, and
2.)Transaction fees
Both of these are typically paid out with each new block. This rewards miners for their “proof-of-work.” It signals to the world that real "work" and resources, like electricity, have been spent on the Bitcoin network.
As more and more miners compete for the block reward, the hashrate, mining calculations and block difficulty will increase. This increase in the network's hashrate over time means an increase in the network’s security. Much better detail on this is available elsewhere, but primarily, this process solves digital money's vulnerability to attacks and the "double spend" problem.
I like to plot it directly on the price chart (click on the indicator and drag it up)
⛏ Revenue Per Transaction
A chart showing miners revenue divided by the number of transactions.
Fee Per Block Kilobyte
A measure of how much it costs per kilobyte of blockchain block size.
⛏Return Per TeraHash (TH)
Revenue per TH of mining hash power.
Can also be plotted on price chart and looks nice:
Cost Per TX (CPT) and Cost % Per TX Volume
CPT - A chart showing miners revenue divided by the number of transactions
C%PRV - A chart showing miners revenue as percentage of the transaction volume
Blockchain Statistics & Data Plots
🏋Network Difficulty
A relative measure of how difficult it is to find a new block. The difficulty is adjusted periodically as a function of how much hashing power has been deployed by the network of miners.
I like plotting this one on price chart as well:
Daily Output Value
The total value of all transaction outputs per day (includes coins returned to the sender as change).
🔢Number of Unique Addresses Used
Addresses are kind of like bank accounts.
Unlike bank accounts, addresses on the blockchain can be generated by anyone, anywhere and one single person could have thousands.
The plot shows bitcoins growth of addresses which are both unique and active per day, smoothed out over 14 days for clarity (using a zero lag ema). As you can see bull runs typically lead to more unique addresses the assumption being that more new money is drawn into the market due to the news cycle.
This is another one I prefer to plot on the price chart.
🔢Number of Transactions (NoTX) and NoTX - Exchange Wallets
Number of TX's on the chain (green line) and NoTX minus (-) Exchange Wallets (blue line).
⏳ Median Confirmation Time
The median time for a transaction to be accepted into a mined block and added to the public ledger (note: only includes transactions with miner fees). Displayed in minutes.
🔊Volume Dominance (Liquidity to Transaction Volume Ratio)
Volume Dominance is another metric I invented simply to show the ratio between spot exchange TXs (liquidity/speculation) and blockchain TXs (utility/HODLing). Its shows percent of volume attributed to blockchain TXs.
🙃 We REALLY hope you enjoy and find this indicator useful. I certainly enjoyed creating it and learned quite a bit myself manipulating the data! I welcome any suggestions or ideas you may have to further extend, or create new indicators.
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
🚀Ehler's RocketRSI by Cryptorhythms🚀Ehler's RocketRSI by Cryptorhythms
This indicator does require some tinkering in cases to line up the waveforms. Here on the 4Hr I have used an RSI LB of 14 and SSF LB of 10.
Personally I find its better at picking short entries when the indicator is topping out. For bottoms it a bit less effective.
I do not use this indicator by itself, but rather as another tool when looking for short entries.
Description
The RocketRSI is an indicator that combines the approach used in the calculation of the Relative Strength Index (RSI) with some principles of signal processing and was developed by John Ehler. By smoothing out noisy price data and singling out a cyclic component within it, the indicator can be used for analysis of cyclic reversals, which could potentially signal trading
opportunities.
The calculation of the RocketRSI is as follows:
A close price change (momentum) from a past value is found for each bar. The offset between the current and the past price is constant.
The values found are run through Ehler
s 3-Pole SuperSmootherFilter to eliminate the noise.
The algebraic sum of one-bar changes in the filtered values is divided by the sum of absolute values of the same changes. The output of this step is limited to be in the range from -0.999 to +0.999.
The result is run through the Fisher transform to provide a easily interpreted wave-like output.
If there is a dominant cycle in the input data and the lengths are set correctly, the analysis of peaks and troughs of the output wave may provide valuable sell and buy signals.
👍Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢Crypto-Sticks: Absolute Strength Index Osc. by Cryptorthyhms🥢Crypto-Sticks™: Absolute Strength Index Oscillator (Tudor Marcelin)
A new series of indicators brought to you by Cryptorhythms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀Indicator Specific Info
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
Heiken Ashi candles (default) adds some more clear trend changing points. HA example here:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW
adds too much noise in my opinion, especially during periods of higher volatility. I left there in case you want to experiment. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢Crypto-Sticks: Anchored Momentum v1.0 by Cryptorhythms🥢Crypto-Sticks™: Anchored Momentum (Rudy Stefenel)
A new series of indicators brought to you by Cryptorhythms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀Indicator Specific Info
🐻Thanks to Lazybear for posting the original AM code I updated to create this indicator! (give that man a follow/thumbs-up, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
In this indicator there is an option to smooth the raw momentum or not. Here's an example of smoothed momentum:
Heiken Ashi candles (default) adds some more clear trend changing points. HA example here:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW
adds too much noise in my opinion. I left there in case you want to experiment. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢Crypto-Sticks: Ehler's Universal Oscillator by Cryptorthyhms🥢Crypto-Sticks™: Ehler's Ultimate Oscillator
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀Indicator Specific Info
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
Heiken Ashi candles (default) adds some more clear trend changing points. HA example here:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW does work somewhat on this indicator, skewing output but also adding (too much in my opinion) noise. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms🆓 Smoothed Chande Trend Score w/ Signal Line by Cryptorhythms
👀Did not see this one in the public library yet, so here you go! I added an ema signal line that you can configure the length on. Also dressed it up a little with OB/OS zones and some purdy colors.
Here are long + short charts:
👍Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Description written by Chande...
As you may have noticed, a number of rather complicated indicators are available to measure trend strength. None of these indicators, unfortunately, is perfect. You could use J. Welles Wilder's average directional index (ADX) as an indicator of trend strength, or perhaps the r² value from linear regression analysis. Or you could even use the vertical horizontal filter (VHF) to help determine whether the market is trending.
Each of these indicators requires the user to determine how many days' data should be used in the calculations. As you vary the indicator length or number of days used in the calculation, however, the result of the calculation changes also. Thus, there is no unambiguous answer. If the market were about to enter or leave a trading range, you could get a different indication of trend strength every day — a frustrating set of circumstances.
RATING THE TREND
Here is my way of rating a trend, a method I call trendscore.
Add up the score for 10 comparisons; the score varies from + 10 to -10. If today's close is greater than all the previous closes, then the trend's score is +10; if today's close is less than all the previous closes, the score is -10. You can smooth the data by adding fewer than 10 days or more than 10 days. A positive score shows an upward trend bias. Similarly, a negative score shows a downward bias. A shorter time of comparison may be too volatile, producing frequent trend change signals, while a longer comparison time is slow to respond. During long trends, the trendscore remains at the outer limits, +10 or -10, for the duration of the trend. In sideways markets, the score doesn't remain at +10 or -10 for long, oscillating between these limits.
How to Use this Indicator
You could trade the trendscore many ways. You could use the zero crossing as an early signal. You would then buy when the trendscore becomes positive and sell when it becomes negative. Or you could wait one to three days after the trendscore reaches +10 or -10 before buying (+ 10) or selling (-10) . Or you could combine the trendscore with a moving average, trading an upward or downward cross over.
Another variation would be to go long after the trendscore crosses from -10 to above +5 and go short after the trendscore falls from +10 to below 5. The approach you choose depends on your trading style. You could also smooth the trendscore with more or fewer days than I used in my calculations. You could, for example, use fewer than 10 days for short-term and 20 to 30 days for intermediate-term trading. You could also combine trendscore with other indicators of trend strength. For example, if you combined it with the VHF indicator, trendscore would provide an indication of direction, while the VHF could provide additional information about the trend's strength. You could also substitute intraday data in the trendscore method for short-term trading, using hourly data to calculate a trend's score instead of daily data. Trendscore is a simple way to rate trend strength. It indicates both the direction and strength of the trend and can be easily combined with various trend-following strategies.
Crypto-Sticks Ehler Adaptive Center of Gravityby Cryptorthyhms🥢 Crypto-Sticks™: Ehler's Adaptive Center of Gravity
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
🐻Thanks to Lazybear for posting the original EACG code I updated to create this indicator! (give that man a follow/thumbsup, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
⛔Please remember that this indicator is ADAPTIVE. The overbought and oversold ranges do not correspond to specific values. This does make it a bit harder to signal with, but its a great indicator nonetheless.
Heiken Ashi candles (default) adds some more clear trend changing points.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW does work okay on this indicator, skewing output but also adding some noise. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀 Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Crypto-Sticks: Ehler's Adaptive Cyber Cycle by Cryptorthyhms🥢 Crypto-Sticks™: Ehler's Adaptive Cyber Cycle
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
🐻Thanks to Lazybear for posting the original EACC code I updated to create this indicator! (give that man a follow/ thumbsup, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
⛔Please remember that this indicator is ADAPTIVE. The overbought and oversold ranges do not correspond to specific values. This does make it a bit harder to signal with, but its a great indicator nonetheless.
Heiken Ashi candles (default) adds some more clear trend changing points.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW does work okay on this indicator, skewing output but also adding some noise. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸
General Description
💰This indicator is given FREE to all our premium indicator subscribers.
🔊Volume Finder is an indicator designed to provide additional insights, and actionable information from the vanilla volume indicator you are all used to.
ℹ More information is never a bad thing! This indicator gives you several tools in one package. The aim is to give volume some additional depth and utility.
🕞The indicator works on any timeframe and any market that has basic volume data (stocks, forex, crypto).
📜 Features
🎚 First off the volume bars are split into positive volume and negative volume. This allows you to more easily visualize the amount of a "green" candle that was actually SELLS, and vice versa - the amount of a "red" candle that were actually BUYS.
🌈It will auto gradient the volume levels based on historical volume range for whatever instrument you are looking at. Yellow bars are deviated outside the lower range (many times this will precede a breakout / breakdown).
🚫If you do not wish to set the auto gradient, you can manually set the levels you would like via settings, or turn it off.
🚦 Next is the Volume Delta. This is the line that is oscillating above and below zero. This shows you the net positive or negative volume. In other words, it shows you the total positive or negative volume.
➕➖ Third are options for EMA plots of the total positive volume and total negative volume. This should be pretty self explanatory.
📩 Lastly is a system that generates alerts when volume breaks out past a certain user defined level. You can plot these alerts as one or both of the following: colored bars on the price chart, or alert bubbles within the indicator pane.
💭Please leave me any ideas or feedback you have!
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢 Crypto-Sticks: Apirine Slow RSI (SRSI) by Cryptorthyhms🥢 Crypto-Sticks™ Apirine Slow RSI (SRSI)
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
🐻Thanks to Lazybear for posting the original Apirine RSI code I updated to create this indicator! (give that man a follow/thumbsup, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
⛔Please remember that you may have to adjust the overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a feature that does this automatically, but for now its manual.
Heiken Ashi candles (default) adds some more clear trend changing points which can be executed at the second candle going in either direction. Other coins/charts will require their own strategy - you could potentially have to tweak that parameter. In this example you would enter on 2nd green, exit on 2nd red. HA Example:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully.. In my opinion VW does not provide any benefit as is for this indicator. I left the option in for you though as YMMV. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀 Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢Crypto-Sticks: Williams % R by Cryptorthyhms🥢 Crypto-Sticks™ Williams %R
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀 Indicator Specific Info
New in this indicator is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
⛔Please remember that you may have to adjust the overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a feature that does this automatically, but for now its manual.
Heiken Ashi candles (default) adds some more clear trend changing points which can be executed at the second candle going in either direction. Other coins/charts will require their own strategy - you could potentially have to tweak that parameter. In this example you would enter on 2nd green, exit on 2nd red.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. With W%R I find it to be an interesting transformation of the output. The indicator tends to stay in overbought ranges longer, and only dips quickly to oversold. The opposite is also true in a downtrend. In this example I would personally increase the overbought zone and decrease the oversold zone to match up better with the historical results. An example of VW+HA:
Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
🥢 Crypto-Sticks: TRIX STIX 1.0 by Cryptorthyhms🥢 Crypto-Sticks™ TRIX STIX
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites!
🚀 Indicator Specific Info
⛔Please remember that you may have to adjust the overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a feature that does this automatically, but for now its manual. Many times the levels I set in default work well and almost act as support/resistance zones for the indicator.
The OB/OS zones are given in two levels, because often you can find a line of best fit that will hit "small movements" and one that will hit "big movements." In this case I chose 20 and -20 for the small zones. For the bigger zones I chose 30 and -30.
Heiken Ashi candles adds some more clear trend changing points which can be executed at the second candle going in either direction. Other coins/charts will require their own strategy - you could potentially have to tweak that parameter. In this example you would enter on 2nd green, exit on 2nd red.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. On this particular indicator it adds alot more noise, and I dont particularly care for it, but YMMV. Example of what I mean:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀 Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢 Crypto-Sticks: Rate of Change v1.0 by Cryptorthyhms🥢 Crypto-Sticks™ Rate of Change
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites!
🚀 Indicator Specific Info
⛔Please remember that you will have to adjust the ROC overbought and oversold levels to suit the volatility of the instrument you are working with. In the future I will implement a feature that does this automatically, but for now its manual.
The OB/OS zones are given in two levels, because often you can find a line of best fit that will hit "small movements" and one that will hit "big movements." In this case I chose 2 and -2 for the small zones. For the bigger zones i chose 5 and -5.
Heiken Ashi candles adds some more clear trend changing points which can be executed at the second candle going in either direction. Other coins/charts will require their own strategy - you could potentially have to tweak that parameter. In this example you would enter on 2nd green, exit on 2nd red.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully.
Since WTI doesnt have volume, this feature is irrelevant for this chart.
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀 Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. Here's how it looks as Heiken Ashi:
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
🥢Crypto-Sticks: Momentum 1.0 by Cryptorthyhms🥢 Crypto-Sticks™ Momentum
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites!
🚀 Indicator Specific Info
Momentum can be a tricky indicator sometimes. Since it doesnt go into predictable overbought or oversold zones, it rather just oscillates around zero - making it harder to create a signals strategy. On the default view I tend to look for 2 candle "flat tops" and "flat bottoms" with one or both containing a decent wick.
Heiken Ashi candles adds some more clear entry exit points which can be executed at the second candle going in either direction (applicable only to this chart on 4H - other coins/charts will require their own strategy). For instance, enter on 2nd green, exit on 2nd red.
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. Please leave me any ideas or feedback you have!
🚫If using HA or VW+HA, the strategy about "flat candles" doesnt apply anymore.
🚀 Crypto-Sticks General Info
💭This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. Here's how it looks as Heiken Ashi:
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise. Here is Volume Weighted + Heiken Ashi:
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.