Librehash Double Guppy ChannelThis indicator is a slightly more advanced twist to the commonly used 'CM Super Guppy' and Madrid Moving Average Ribbon (MMAr), if you are familiar with it.
If not, please take a look at the pictures below:
Above is the CM Super Guppy
Above is the MMAR.
Core Difference Between the Zerononcense Double Guppy and the Two Former Iterations
The Zerononcense Double Guppy is a significant upgrade over both of the aforementioned indicators because it incorporates substantially more information for the user to make use of while trading.
1. The ZN Double Guppy creates a restrictive channel around the highs and lows of the price that imitate features of Donchian channels. Therefore, any and all trading practices that are asssociated with the Donchian can be applied here.
2. By implementing multiple moving averages for both the higher and lower end of the spectrum whilst providing a channel for the price at the same time, users are able to confirm trends easier and understand price direction as well as impending price action as well because the upper and lower bounds (two different colors) of the indicator will be providing traders information independent of one another, making this an infinitely useful tool to have in one's trading arsenal.
3. Perhaps the most awesome aspect of the ZN Double Guppy is that it confirms trend substantially earlier than the aforementioned indicators, and coding the upper and lower bounds separately allow for two layers of confirmation; making the indicator exponentially more powerful than its predecessors.
How to Read the Indicator:
This is simple.
A) The 'middle' part or the brown area is where the price's 'normal' trajectory is based on former price data (coded into the indicator).
B) If the price is either above or below these points, that represents an extreme in the data.
C) The colors change for the upper and lower bounds. For the upper bound, the default (neutral) color is blue. When a positive price trend is confirmed, the upper bound of the indicator will change to the color 'green'. The lower bound does the same thing. For example, the two colors of the lower bound indicator are 'purple' and 'red'. When the lower bound is showing 'purple', that is default (neutral). However, when it signals red, then the negative price action trend has been confirmed.
D) The indicator will never show both purple and green at the same time.
E) The indicator may, however, show both bounds in a neutral phase, this should be considered to be an abnormal level of consolidation and inaction in the price and other indicators should be consulted alongside this one in such situations.
F) This indicator is not meant to be predictive. However, it is definitely meant to assist with confirming trends. Although this is not the most glorious aspect of trading and it is oft underlooked, this is perhaps one of the most valuable and crucial facets of any experienced trader's repertoire. Without confirmation, one is subject to pivots, whipsaws, and other sharp market moves that may not be easily foreseen / anticipated without an indicator such as this one.
Interested in Using This Indicator?
If you're interested in using this indicator, just contact me on TradingView and we can talk. Please note that access to this indicator is not free.
Price and payment options (primarily crypto), will be discussed as well. Access is a very simple process.
Also, please do not hesitate to reach out if you have any doubts its going to work.
Bounce
Tenkan-Sen Strength Analyzer 転換線The Tenkan-Sen Strength Analyzer 転換線 is included in the Richimoku Traiding System.
Tenkan-Sen Strength Analyzer (Indentify divergences. Know First. Act Faster. A must-have for every Ichimoku trader)
*As some indicators you may come across are using the repainting mode (which consists in correcting the false signal back in time).
You'll never see such thing in the Richimoku Trading System. What's on the charts is displayed in real time, no cheating...
Feel free to test the Tenkan-Sen Strength Analyzer 転換線 or the Richimoku Trading System For 12 hours! Study the chart history on all timeframes. Study all details incl. divergences etc.
FAQ.
How to access the Tenkan-Sen Strength Analyzer 転換線 in tradingview?
To access your indicator simply click on “Indicators” at the top of your Chart, and click on “Invite-Only Scripts”. Click on the indicator to activate it. That’s it!
Will the The Tenkan-Sen Strength Analyzer 転換線 work for Stock and Index trading?
Sure! It works on all Forex, Stocks, Indexes, Metals and Crypto's!
Does this indicator work with a free TradingView Account?
Yes you can use the Tenkan-Sen Strength Analyzer 転換線 with a free TradingView account.
Does the indiators work on all timeframes?
Yes, the indicators can be used on all time frames!
MidnightMouse Bounce FestIdentifies areas with highly oversold conditions, leading to a high probability of a bounce or trend reversal. Does not include sell signals.
Try to go long at a moving averageA simple experimental strategy that tries to go long at a moving average bounce / support level, and looks for upside.
Market BalanceThis indicator simply tracks the balance of the supply/demand and will always revert to the mean.
If the market is over bought it will move above the mean, hit a limit and come back toward the mean. Opposite for oversold.
The difference between this and MFI or RSI is that a market can move up or down in an organized fashion and stay close to the mean. It is impulsive moves up or down that will correct.
So a trader might be able to gauge whether an given stock has the likelihood to pullback or bounce based on this indicator.
The color indicator attempts to predict the color of the next bar.
Works well with Heiken Ashi style candles as well.
UCS-Probability to BounceHey All,
This is an indicator I was developing over the last year. Over some extreme testing and good test results. I am confident to add this to the pool of my indicators.
Yes, this is a protected script. Contains some intensive research.... and every value here is manipulated to fit a general context. Therefore, treat this just like any of my indicator.
If you want to know further about how i use. comment below......
