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

Note di rilascio:

Optimised code

Note di rilascio:

Added Tab to see if price is 'In The Zone' of Daily or Weekly CPR or 200 Ema/SMA Zone

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Changed some symbols to be compatible with various browsers

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Memory Enhancements

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Speed and memory enhancements - Unfortunately only 30 assets can be viewed at once now which is a trade off for stability

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Added option for display Money Flow to display the direction of Wave Trend Delta - This is very useful for finding areas of weakness
What to look for - The colour of the Money flow to be the same as the color of Wave Trend and RSI

Note di rilascio:

Updated the watchlist

Once again look for confluence in colors

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Weakness is now symbolised as *w* in the Wave Trend Tab instead of just * , this makes it easier to see

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fixed a fault

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Enhanced Script

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Enabled Bigger Size display of Trend Meter

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RSI value is now a whole number without any decimal places
Various enhancements

Note di rilascio:

Fixed a Wave Trend display parameter

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Tuned D & W H & L Settings

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Finally got the D & W H & L crossings to display properly

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Optimised code

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Added more Levels