INVITE-ONLY SCRIPT

[blackcat] L5 Banker Fund Flow Trend Oscillator X

Aggiornato
Level: 5

Background

The large funds or banker fund are often referred to as Whale. Whale can have a significant impact on the price movements in various markets, especially in cryptocurrency . Therefore, how to monitor Whale trends is of great significance both in terms of fundamentals and technical aspects. I had published (blackcat1402) L3 Banker Fund Flow Trend Oscillator as open sourced version. Since this indicator is one of the most popular indicators in my collections. Many requested advanced features and improvements on accuracy. Here is the link of free version of L3 Banker Fund Flow Trend Oscillator:

https://www.tradingview.com/script/791WkWcm-blackcat-L3-Banker-Fund-Flow-Trend-Oscillator/

Function

L5 Banker Fund Flow Trend Oscillator X can give you a model of complete banker fund flow operation in cycles. Compared to L3 free and open source version, it contains more advanced algorithms to provide entries. It is comprehensive to disclose the price trend with dynamic overbought and oversold tables. Compared to L4, which is also powerful, but they are using different banker fund engines. L4 is more suitable for those who have been used to L3 already. L5 is slightly different in visual effect and algorithm core, which is much different to L4 and L3. It can depict much clearer trajectory of banker fund as an oscillator. That is the reason why I list this as Level 5, which is closed source and invited-only. Unlike L4, whose cycle of banker fund flow may have 5 steps in max as entry, increase position, decrease position, exit, and weak rebound for exit, L5 only have buy and sell signal with a customized entry signal filter to filter out crowded entry signals.

This indicator derives from "(blackcat) L3 Banker Fund Flow Trend Oscillator". Therefore, it is an oscillator indicator with overbought and oversold threshold levels. However, it combine several novel indicators together but mainly focus on Whale Jump (Whale Pump and Whale Dump), Blackcat1402 featured supertrend indicator (entry signal = supertrend && oscillator signal), trading risk assessment indicator.

In case you are not familiar my indicators:

(blackcat) L5 Whales Jump Out of Ocean X:

https://www.tradingview.com/script/6kRPcRVr-blackcat-L5-Whales-Jump-Out-of-Ocean-X/

(blackcat) L1 Trading Risk Assessment Indicator (I inverted it in this indicator here):

https://www.tradingview.com/script/voeMVZVz-blackcat-L1-Trading-Risk-Assessment-Indicator/

(blackcat) L4 Banker Fund Flow Trend Oscillator:

https://cn.tradingview.com/script/mosYL2rc-blackcat-L4-Banker-Fund-Flow-Trend-Oscillator/

Indicator Set

Banker Fund Flow Trend Oscillator X, providing swing oscillator and entry signal.
Blackcat1402 Featured Supertrend, providing colors (green for bull and red for bear) on CurrentSafetyLevel of "Trading Risk Assessment Indicator".
Whales Jump Out of Ocean X, whale pumps and dumps
Trading Risk Assessment Indicator, output CurrentSafetyLevel, which is a large time frame oscillator ranging from overbought and oversold zones.

Inputs

EntryFiltPeriod --> Entry Signal Filter Period, default value is 5, which means crowded entry signal in future 5 bars will be ignored.
Safe Bottom --> User defined safe bottom threshold.
Risky Top --> User defined risky top threshold.
Oscillator Center --> define the center value of Oscillator X, which will influence long entry signal generation
Whale Scaler --> A scaling factor input to see whale dumps and pump more clearly in vision.
The other inputs --> Oscillator divergence inputs.
Golden Cross --> According to community feedbacks, popular L3 Yellow Candles for Banker Fund Entry are added Now. It is represented as a Yellow Cross and You can activate and deactivate them in indicator settings.
Dynamic OS/OB tables --> They are hidden commonly but appear only when OB or OS is happening on top right corner or bottom right corner respectively. Values are visiable for you to judge instant trend reversals.


Key Signal

Yellow bars --> Oscillator long
Fuchsia bars --> Oscillator short
Green columns --> CurrentSafetyLevel values and Supertrend long
Red columns --> CurrentSafetyLevel values and Supertrend short
Fuchsia Zone --> Overbought region
Yellow Zone --> Oversold region
Buy-Sell Labels --> "AND" output of Supertrend and Oscillator Entry Signal: Green for "Buy" and Red for "Sell".
Bull-Bear Labels --> Oscillator divergence signal: Yellow for "Bull" and Fuchsia for "Bear".
Long Whales / Banker Pump--> fuchsia and red stick bars (Motive waves with fuchsia color; corrective waves with red color)
Short Whales / Banker Dump --> yellow and red green stick bars (Motive waves with yellow color; corrective waves with green color)

Pros and Cons

Suitable for discretionary trading and auto trading with alerts.
Intuitive and effective, the output signal is more reliable after multi-indicator resonance.

Remarks

My first L5 indicator published
Closed-source
Invite-only

Subscription

500 Tradingview Coins per Monthly Sub.
500X10 Tradingview Coins per Yearly Sub.
Note di rilascio
I upgrade it again since many reported the golden cross or golden buy labels and alerts are not working...
Note di rilascio
As suggested by many, I added "Fuchsia Cross" for sell signal which is using the similar algorithm of "Yellow Cross". Labels and alerts are added.
SELL label --> standard sell
BUY label ---> standard buy
GBUY ---> Golden buy
FSELL ---> Fuchsia sell

Alert on Yellow BUY ---> YBUY!
Alert on Fuchsia BUY ---> FSell!
Alert on BUY ---> BUY!
Alert on SELL --> SELL!
Note di rilascio
Correct typo 'Alert on Fuchsia BUY' into 'Alert on Fuchsia SELL'
Note di rilascio
As requested, I add plot signal for zendog backtest as:
/////////////// Plotting ///////////////
plot(buy ? 1:0, title="buy", title="Buy", display=display.none) //plot for buy icon
plot(sell ? 1:0, title="sell", title="Sell", display=display.none)
Zendog V2 backtest DCA bot 3commas
Note di rilascio
As suggested, get rid of latest bar repaint.
Note di rilascio
Enhance filtering with noise eliminations.
Change "Buy" into "L"
Change "Sell" into "S"
Change "GBuy" into "L+"
Change "FSell" into "S+"
Add bar color function with green for up trend, and red for down trend.
Note di rilascio
Fix a little bug
Note di rilascio
Add enter OB and OS alerts.
Add leave OB and OS alerts.
bankerfundblackcat1402OscillatorsTrend Analysis

Script su invito

L'accesso a questo script è riservato agli utenti autorizzati dall'autore, solitamente dietro pagamento di una commissione. Puoi aggiungerlo ai preferiti, ma sarai in grado di utilizzarlo solo una volta ricevuto il via libera da parte dell'autore. Per ulteriori informazioni, contatta blackcat1402 o segui le istruzioni dell'autore riportate di seguito.

TradingView non suggerisce di pagare per uno script e di utilizzarlo a meno che non ci si fidi al 100% del suo autore e non si comprenda il suo funzionamento. In molti casi, è possibile trovare gratuitamente una buona alternativa open-source nei nostri Script della comunità.

Istruzioni dell'autore

Monthly subscription and annual subscription can be done either by tradingview coins (TVC) or by converting into equivalent cryptocurrency at the exchange rate (1TVC=0.01USD) for redeem. To pay TVC directly in the comments below. Or DM me for crypto pay.

Vuoi usare questo script sui tuoi grafici?

Attenzione: leggi prima di richiedere l'accesso.

Avoid losing contact!Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联,请立即行动,加入本猫聊天群: discord.com/invite/ZTGpQJq
Anche su:

Declinazione di responsabilità