[DisDev] Tactical Analysis Part III: Oscillators🟩 Introducing the Oscillators Indicator by Disruptive Developers, a revolutionary tool designed to enhance your trading strategy. This indicator is the third part of our Tactical Analysis suite, combining two oscillator indicators to provide you with a comprehensive view of market conditions.
⚡ OVERVIEW ⚡
Key Features 🔑
Combines TDI Pro - Traders Dynamic Indicator by Dean Malone and WTO - Wave Trend Oscillator
Includes MFI - Money Flow Index and MACD - Moving Average Convergence Divergence
Incorporates VWAP - Volume Weighted Average Price
Benefits 💸
Enhances trading strategy by providing comprehensive market insights
Helps determine overbought or oversold conditions in ranging markets
Assists in identifying important entry and exit points
⚙️ CONFIGURATION & SETTINGS ⚙️
Inputs 🔧
Green / Red = The RSI Price-Line (Current Price Sentiment)
Dark Red = The Signal Line (Crossover for Entry & Exit)
Yellow = Market Base Line (Overall Sentiment)
Blue = Volatility Bands (Increasing/Decreasing Volatility)
Alerts 🔔
TDI Cross Short/Long Alerts
TDI MBL Cross Short/Long Alerts
TDI Hook Short/Long Alerts
💡 USAGE & STRATEGY 💡
Trading Strategies 📈
Look for regular and hidden divergences
Identify entries and exits based on crosses with Price-Line
Align trades with market sentiment
Timeframes and Symbols ⌚
Suitable for all timeframes and symbols
Optimized for Forex trading but applicable to all markets
🤖 DETAILS & METHODOLOGY 🤖
Algorithm and Calculation 🛡️
Based on the TDI indicator created by Dean Malone
Incorporates RSI, Signal Line, Market Base Line, and Volatility Bands
Signals for regular and hidden divergences
📚 ADDITIONAL RESOURCES 📚
Tutorials and Guides 📖
Detailed user manual available on our website
Video tutorials for setup and usage
Discord community forum for user discussions and tips
Visit our website for additional information, videos and pdf’s, link can be found below.
Chart Examples 📊
Trader’s Dynamic Index (TDI): Overbought/Oversold Signals
WaveTrend/Moneyflow/VWAP (WMV) Overbought/Oversold Signals
Tactical Analysis Indicator Suite. Parts I, II, and III.
🚀 CONCLUSION 🚀
In conclusion, the Tactical Analysis Part III: Oscillators indicator by Disruptive Developers is a powerful tool that combines multiple oscillators to provide a comprehensive view of market conditions. It is designed to enhance your trading strategy and help you make more informed trading decisions.
Access Parts I and II here:
Tactical Analysis Part I: High-Volume Recovery
Tactical Analysis Part II: Levels
⚠️ DISCLAIMER ⚠️
This indicator is provided as a tool for traders and should not be used as the sole basis for making trading decisions. Always conduct your own research and consider your risk tolerance before entering any trades.
Marketcypher
Honey CypherHoney Cypher Aims to do 4 things
Momentum
Trend Strength
Overbought and oversold zones
Being the most beautiful indicator you ever see
Momentum
The big yellow honey waves primary use is to see the momentum of the market, they can be used in a similar way you would use a MACD or Chaikin Money Flow
On this image you see the honey waves being plotted to the 30 minute timeframe while on the 5 minute chart to have an understanding of longer time momentum in the chart.
Trend Strength
Most tools of the indicator can be used for that but the yellow and purple slope strength lines are made specificaly for this. When you see them curl down you know trend is strengthening towards the downside.
The candle color is based on the amount of Honey waves sloping in one direction. This might be the best tool in the indicator to find Trend Strength. Bright yellow candles mean strong bears while the bright blue candles mean strong bulls.
Overbought and oversold zones
By analysing the waves on a chart you start to learn how big waves can get before a reversal or consolidation period arrives.
You can become profitable with the indicator. But to be honest, my primary focus in making this indicator was find ways to visualise alot of data in a clear and beautiful way.
You should use the indicator with some out of the box ideas instead of just trusting the signals.
examples:
Find a head and shoulders pattern on the top of a huge honey wave.
Find a bottom small wave while the others honey waves are in the opposite direction for entering a pullback.
Use the honey for direction but the yellow and purple slope line crosses for entrys.
Comment your own strategys, I made this open source to be able to get community feedback.
The Honey Cypher waves are calculated in a similar way as the MACD histogram. I've combined MACD formula with some of the lazybear formula. It looks for the distance between 2 moving averages to find trend strength. After that the end results get's smoothed out. It is very satisfying to change that as you can see the honey waves create a melting like motion on each change of smoothing.
Below a preview of the honey cypher moving average lines, all lines have a length that is based on the fibonacci number sequence. Honey cypher measures the distance between for example length 5-8 averages.
I hope this inspires coders to create very beautiful scripts.
Ichimoku Cloud OscillatorThis script shows Ichimoku values in a different manner. While studying Ichimoku one thing stuck out to me and that is that the Kijun-Sen line is considered to be the equilibrium of the market, it acts like a magnet and price always returns to it. Taking this into account I made a script that plots the distance from equilibrium as an oscillator.
With that value being an oscillator it allows for some analysis that would have been harder to do looking at the normal ichimoku chart. For example smoothing the value and comparing the distance to the average distance to see if the market reached an extremity (too far from equilibrium). I added a bollinger band for those who are interested in analysing the value in that way but in my experience I do not use it except for noticing if market spiked outside of the band (green and red dots).
It is advised to use this oscillator as a trend analysis tool the same way you would use a money flow. Below a breakdown of current features
- Disequilibrium1: The white sharp wave is the raw distance from Kijun with settings to smooth it out using a WMA
- Disequilibrium2: The blue smooth wave is the smooth distance from Kijun with settings to smooth it further out using a WMA
- Yellow line: The distance of Tenkan-Sen from Kijun-Sen which in alot of ichimoku strategys act as a trend filter or a crossover as market change.
- Green and red zone: The slope of the kumo cloud, color coded to see if kumo is red or green. Use it in the same way you would use money flow on market cypher, it is a longer term trend strength indicator and like all smoothed values it lags behind. You can use this to decide which direction to trade in but not as a signal on it's own.
- Bollinger Band: Acts the same way a bollinger band does, use this to analyse the wave structure, especialy the middle line the same way you would use Disequilibrium2, if the waves are a good distance from this line market can be overbought oversold or it is just a good indication that the trend is strong. Outer bands should be your warning bands as the waves tend to jump back to the middle line when touching those.
Would love some feedback on this as I do not think this can be used for divergences but would like to hear some possible patterns/strategys.
My current strategy is noticing an increasing wave after a squeeze (waves keep getting smaller untill a large trend happens, wave no longer goes to middle and keeps expanding). When I notice this I wait for the white wave to enter the blue and touch the mid bollinger line (small pullback during strong trend) and open a trade in the direction of the trend. I use the green and red zone to decide if the long term direction tells the same to get confluence.
Bitcoin1% : High Leverage Indicator______________________________________________________________________________________________________________________
NOTE: Bitcoin1% is designed to work EXCLUSIVELY on BYBIT BTCUSD PERPETUAL CONTRACT chart on 1min TimeFrame on regular Candles
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Bitcoin1% is a specialised indicator suite designed to catch 1% Bitcoin moves in either direction for High Leverage Trading.
Example: At 10x leverage catching 1% Bitcoin move will yield 10% profit
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Mechanism Of Action:
1. Identify trend: The script observers multiple parameters on higher timeframes to identify general trend & strength.
2. Take position: Once the trend is identified the script intends to take high probability positions for a 1% move in the direction of the trend. Currently there are 21 conditions that use bespoke datasets, along with conventional datasets like RSI , MA, VWAP to filter & identify high probability entries.
3. Take profits: There are total 4 conditions for exits. Partial Exit & Total Exit for both Longs & Shorts. Although we recommend you book profit at 1% change in price of BTCUSD these 4 conditions will offer high volatility exits along the way, should you choose to hold for longer.
4. Evolving: We learn from mistakes when they happen, bad trades are dissected & studied. New conditions get added & bad trades get filtered out through updates. This keeps the script in sync with the market.
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Insight: The script performs best in trending markets, so it avoids trading structureless or sideways movement & expects reasonable judgement on the user's part to avoid trading unusual & directionless market conditions.
Trading Mindset: When Bitcoin1% indicates a long trade, it basically says "BTC is more likely to move up 1% than go down 1% form here" : The script only indicates direction of the next 1% which is all you need for High Leverage Trading. You can set target & stop at 1% & try different variations with experience.
Have Questions? Feel free to PM me on TradingView
