Implemented the Chandelier Exit in Pine. Looks like a good exit and short indicator.
Threw Chande's Trend Indicator with smoothing in Pine tonight, looks like it follows pretty well.
Wrote the Coppock indicator in Pine and applied the original series times except for weeks (we don't have enough months), came pretty close to predicting the last bull run so we'll see what happens over the next few weeks.
An Update to the chart I published last night. In the H1 charts, Ichi has completed all the sell and bearish indicators it can provide in the past 24 hours. It's time to start watching the shorter time span charts for potential signs of exhaustion.
Update: We carried on through the back of the cloud so now we're in bear territory. Updated chart to come. I haven't found a reliable channel yet observing the past week. I can't get any timespan to touch enough price points so I don't think there's any trend. For the mid term, Ichi is showing bullish although that could change over the next few hours, watch for...
Update: And then Gox went down and the market crashed, wtg Gox. Pretty clear inverse head and shoulders on H1 BTC-e which can generally be taken as a market reversal. Waiting on Gox news.
In the near future, new from Gox about the state of withdrawals will definitely have an impact across BTC exchanges. This chart highlights weekly trend channels going back a month and suggests estimate price lines for the outcomes of gox news. Time will tell.
A chart highlighting all the bearish market indicators that Ichi is showing us. The bearish long term market really started around January 14th with the bearish line cross. Since then there have been multiple belly down clouds. Most recently on Feb. 7th there was a strong bearish support violation with prices strongly breaking the back of the belly up cloud at...
Bearish Head and Shoulders patter formed since the 31st. We've already made it down the height of the head and shoulders. Further confirmation of the emergence of a bear market.
Update: This flag failed to happen yesterday, it would be a dead indicator in the real world today. These kinds of failure could indicate a top forming. A potential bull flag will have to come to fruition in the next few days if it is a real indicator. At least beyond four weeks in the real world is when a potential bull flag becomes invalid. Decreasing volume...
Several strong indicators on 60 min BTCUSD. 1. Big angle on the upcoming bullish cloud. Belly up. 2. Large vertical on the lagging span indicates bullish momentum 3. Several strong buy signals on baseline/conversion line crossovers 4. Bollinger bands added in for sanity checking, conservative at 1.5 Std Dev. Thoughts?