MarketVision Screener█ OVERVIEW
• Screens 36 Assets at Once
• This Screener is Unique in that it turns my MarketVision series of Indicators Into a Complete Trading System
• To help you Automatically find Possible Turning Points in the Market the Following MarketVision Parameters are Displayed
o Linear Regression Direction and whether Price can be considered Over Bought / Sold according to the Linear Regression Channel (This works exceptionally well if used in confluence with manually drawn Fibonacci retracements)
o RSI value and Over / Very Over Bought / Sold condition
o Trend Meter – Shows Condition of the Trend Meter and its associated Trend / Money Flow Bar
o Wave Trend Crossing Condition taken from MarketVision B or Cipher B
o Wave Trend Divergences
o Super Trend Direction – Not a usual MarketVision parameter but it helps
• Furthermore you can choose where abouts on your chart you want the Screener displayed – this allows for multiple Screeners on one chart
█ HOW TO USE IT
• Look for Confluence between different parameters,
• For example Linear Regression Pointing Down and Price Over Bought according to both RSI and Linear Regression Channel, this is where you can look for maybe a Wave Trend cross down or a specific Candle Stick Pattern on you Chart with a Divergence
• Other confluences that work well are Trend Meter cross at the same time as a Wave Trend cross – Look for This Symbol "⯅ ⬱🡅⇶" or "⬱🡇⇶ ⯆"
• There are many possibilities the rest is up to you and your Trading Style / System
• Feel the Power
█ LIMITATIONS
• Can Not Set Alerts at This Stage – This is for a future Update or Script
• Slow Loading Time – As this is a rather long script Loading time is dependent on Internet Speed and your Computer Hardware
█ CREDITS
• Tradingview for the Pine Script Engine found under the hood of these amazing scripts
• QuantNomad and Others for their pioneering work making it possible to bring these sorts of advanced scripts to life
█ DISCLAIMER
• Not Financial Advice BUT
• Always use Proper Risk / Money Management – Never Risk more than you can Afford to Lose, Preferably not more than 1% - 2% of your Account
• Do Not FOMO or Revenge Trade
• Please remember that Past Performance may not be indicative of future results
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical Back Testing
Marketvision
MarketVision AWith Special Thanks to Everyone who has gone before me, and who have both allowed me and given me Permission to bring my version of Market Cipher to the World
Especially LazyBear for his amazing Wave Trend Oscillator and for Aevir, falconCoin, vumanchu, Crypto_Spike and others who have freely brought MarketCipher to the Tradingview Community and Also JustUncleL for his Multiple MA Variations / types
MarketVision A - My take on MarketCipher A / Market Cipher A But with a few Additions
A Combination of;
Different Types of Moving Averages including a Ribbon which can be switched off
MA Cross Over Signals &
Signals Obtained from Wave Trend and Trend Meter
Lots Of Alerts
Use Stand Alone or In Combination with MarketVision B Aswell As Support and Resistance
PS All the Signals are defined in the menu
MarketVision BWith Special Thanks to Everyone who has gone before me, and who have both allowed me given me permission to bring my version of Market Cipher to the World
Especially LazyBear for his amazing Wave Trend Oscillator and for Aevir, falconCoin, vumanchu, Crypto_Spike and others who have freely brought MarketCipher to the Tradingview Community
Also special mention to RicardoSantos for his Divergence script
MarketVision B - My take on MarketCipher B / Market Cipher B, Ive just put outlines on the Wave Trend to add to the Visual Appeal and Added a Trend Meter and a few more options for the Oscillators
Nice To Look At
Oscillator 1 Choose Between - RSI, MFI and Ultimate Oscillator
For Stochastics Choose Between Standard and RSI Stochastics and for the source you can choose On Balance Volume
Wave Trend
Money Flow
Trend Meter & Signals Bar
Divergences are marked, However they are easy to spot and it is better to train your eyes to spot them before the indicator marks them out
Lots of Alerts and Loads of ways to trade using MarketVision
PS: You can make this look like the original by adjusting the parameters in the menu