EdgeAnalysisGroup: Yume Wave 2.0This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading.
The Wave:
+ The Yume is the Fast length
+ The Akume is the Slow length
+ The Miaku is a median weighted length
+ The Upper Limit is an overbought asset indication
+ The Lower Limit is an oversold asset indication
+ The Wave is the spread between Yume and Miaku
Bullish Indications:
+ The Yume is above the Akume
+ The Yume is above the Miaku
+ The Yume is below the Lower Limit
Bearish Indications:
+ The Yume is below the Akume
+ The Yume is below the Miaku
+ The Yume is above the Upper Limit
Signal Strength Weights:
+ 50 = Yume Wave crossed a Limit Line
+ 100 = Yume Wave crossed a Limit Line + Close to a Fib Moving Average
+ 100 = Edge's Market Bottom/Top Algorithm is marked 'True'
Setting up Signals (Based on a 100 Signal Height):
+ Set the "Bull Signal" to be at 50 or 100
+ Set the "Bear Signal" to be at 50 or 100
+ 50 is Agressive, 100 is Conservative.
+ Bull/Bear are separate so you can play conservative bull with aggressive bear.
YUME
EdgeAnalysisGroup: Yume WaveDONATIONS APPRECIATED
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ETH: 0x862E6C54397Cf681887136472d5F16cCA22C80Fe
BTC: 16wnhEyNB5zx7ErwNi5KyszNeHhtjH2syx
ABOUT
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Yume (aqua line) is a modified high moving average of RSI
Akume (orange line) is a modified low moving average of RSI
Miaku line (green line) is a variable median line that determines market outlook
Nami is the wave (aka: cloud) that the Yume Akume lines create.
BAR COLORS are based on market sentiment using volume + price action to determine the overall health of the market and probable direction.
MODERATE RISK STRATEGY
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Bullish Long indicator:
Yume crossing above Akume over the Miaku Line (aqua wave twist)
Close Long Indicator:
Akume crosses above Yume over the Miaku Line (orange wave twist)
Bearish Short indicator:
Akume crossing above Yume under the Miaku Line (orange wave twist)
Close Short Indicator:
YUME crosses above Akume under the Miaku Line (aqua wave twist)
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DONATIONS APPRECIATED:
ETH: 0x862E6C54397Cf681887136472d5F16cCA22C80Fe
BTC: 16wnhEyNB5zx7ErwNi5KyszNeHhtjH2syx
