Indicator
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🔸The indicator has recently left the green zone. Based on the past two occurrences, this has indicated a potential increase in the value of $BTC .
#Indicator #Bitcoin #BTC #BTCupdate #dyor
#Indicator #Bitcoin #BTC #BTCupdate #dyor
Last week i have completed coding a indicator, it took around 4 months to complete, looking for sell it. Subscriptions or whole complete code to very few people. code can be used in trading view.100% working signals on higher time frames 1H upwards.
i would like to see some offers. i would sell it for 0.25BTC_0.5BTC, intersted inbox me for further details. bizworldoffers@protonmail.com #HotTrends #Indicator #forsale #signalsfree #100%WorkingTrick
i would like to see some offers. i would sell it for 0.25BTC_0.5BTC, intersted inbox me for further details. bizworldoffers@protonmail.com #HotTrends #Indicator #forsale #signalsfree #100%WorkingTrick
👌👌👌👌👌👌👌👌
MOVINFG AVERAGE (MA)
Moving Average Timeframes
The time frame used to calculate a moving average varies depending on the type of security being analyzed. For example, longer time frames, such as 50-day or 200-day moving averages, are commonly used for stocks, while shorter time frames, such as 10-day and 20-day moving averages, are used for commodities.
When identifying support and resistance levels, traders often use short-term and long-term moving averages to better identify potential entry and exit points. For example, a trader may look at a 10-day moving average on an intraday chart and then compare it to a 50-day moving average on a daily chart. This analysis helps determine whether a security is trending or in a range.
Additionally, traders may use multiple moving averages to identify crossovers and confirm trends. For example, when the 10-day crosses above the 20-day moving average, it can indicate that a new uptrend is emerging. Conversely, when the 10-day crosses below the 20-day moving average, it can signal a new downtrend.
Finally, traders may also look at moving averages for clues about volatility. A security with a wide range of trading prices (high volatility) often shows greater fluctuations in its moving averages than a security with a narrow range (low volatility). By tracking the different levels of volatility, traders can get an idea of when to enter or exit positions.
#TRADERTIPS
#newtrader
#Indicator
#zero2master
MOVINFG AVERAGE (MA)
Moving Average Timeframes
The time frame used to calculate a moving average varies depending on the type of security being analyzed. For example, longer time frames, such as 50-day or 200-day moving averages, are commonly used for stocks, while shorter time frames, such as 10-day and 20-day moving averages, are used for commodities.
When identifying support and resistance levels, traders often use short-term and long-term moving averages to better identify potential entry and exit points. For example, a trader may look at a 10-day moving average on an intraday chart and then compare it to a 50-day moving average on a daily chart. This analysis helps determine whether a security is trending or in a range.
Additionally, traders may use multiple moving averages to identify crossovers and confirm trends. For example, when the 10-day crosses above the 20-day moving average, it can indicate that a new uptrend is emerging. Conversely, when the 10-day crosses below the 20-day moving average, it can signal a new downtrend.
Finally, traders may also look at moving averages for clues about volatility. A security with a wide range of trading prices (high volatility) often shows greater fluctuations in its moving averages than a security with a narrow range (low volatility). By tracking the different levels of volatility, traders can get an idea of when to enter or exit positions.
#TRADERTIPS
#newtrader
#Indicator
#zero2master
🔥🐊 Why you should start using “Alligator” and how it can improve your day trading🐊🔥
The Alligator indicator in trading, as proposed by Bill Williams, is a powerful tool for day traders seeking to navigate the often turbulent waters of financial markets. Comprising three smoothed moving averages – the jaw, teeth, and lips – the Alligator aims to assist traders in spotting trends and their direction. The jaw (blue line) represents a longer period moving average and is the slowest, the teeth (red line) is a mid-range moving average, and the lips (green line) are the fastest moving average.
For day traders, the Alligator serves as a compass, offering insight into market trends. When the three lines are entwined, it suggests the market is in a resting or range-bound state. As the Alligator opens up (with the three lines diverging), it signals the awakening of a trend. The direction of these lines can indicate the trend's strength and its likely duration, allowing day traders to make informed decisions about entering, holding, or exiting positions.
One of the primary benefits of using the Alligator in day trading is its simplicity and effectiveness in spotting trends. It helps traders avoid potential false signals that might occur when relying solely on price action. By providing a visual representation of market dynamics, this tool assists day traders in making more accurate and timely decisions.
However, like any trading tool, the Alligator should be used in conjunction with other indicators and risk management strategies. As a part of a comprehensive trading plan, the Alligator can significantly enhance a day trader's ability to interpret market movements and potentially improve the success rate of their trades.
#BullRun #Indicator #BNB🔥 #BTC🔥🔥 #trend
The Alligator indicator in trading, as proposed by Bill Williams, is a powerful tool for day traders seeking to navigate the often turbulent waters of financial markets. Comprising three smoothed moving averages – the jaw, teeth, and lips – the Alligator aims to assist traders in spotting trends and their direction. The jaw (blue line) represents a longer period moving average and is the slowest, the teeth (red line) is a mid-range moving average, and the lips (green line) are the fastest moving average.
For day traders, the Alligator serves as a compass, offering insight into market trends. When the three lines are entwined, it suggests the market is in a resting or range-bound state. As the Alligator opens up (with the three lines diverging), it signals the awakening of a trend. The direction of these lines can indicate the trend's strength and its likely duration, allowing day traders to make informed decisions about entering, holding, or exiting positions.
One of the primary benefits of using the Alligator in day trading is its simplicity and effectiveness in spotting trends. It helps traders avoid potential false signals that might occur when relying solely on price action. By providing a visual representation of market dynamics, this tool assists day traders in making more accurate and timely decisions.
However, like any trading tool, the Alligator should be used in conjunction with other indicators and risk management strategies. As a part of a comprehensive trading plan, the Alligator can significantly enhance a day trader's ability to interpret market movements and potentially improve the success rate of their trades.
#BullRun #Indicator #BNB🔥 #BTC🔥🔥 #trend
👌👌👌👌👌👌👌
PARABOLIC SAR
What Is the Parabolic SAR Indicator?
The parabolic SAR indicator, developed by J. Wells Wilder, is used by traders to determine trend direction and potential reversals in price. The indicator uses a trailing stop and reverse method called "SAR," or stop and reverse, to identify suitable exit and entry points. Traders also refer to the indicator as to the parabolic stop and reverse, parabolic SAR, or PSAR.
The parabolic SAR indicator appears on a chart as a series of dots, either above or below an asset's price, depending on the direction the price is moving. A dot is placed below the price when it is trending upward, and above the price when it is trending downward
What Does the Parabolic SAR Indicator Tell You?
The parabolic indicator generates buy or sell signals when the position of the dots moves from one side of the asset's price to the other. For example, a buy signal occurs when the dots move from above the price to below the price, while a sell signal occurs when the dots move from below the price to above the price.
Traders also use the PSAR dots to set trailing stop loss orders. For example, if the price is rising, and the PSAR is also rising, the PSAR can be used as a possible exit if long. If the price drops below the PSAR, exit the long trade.
#TRADERTIPS
#zero2master
#Indicator
#newbieTrader
PARABOLIC SAR
What Is the Parabolic SAR Indicator?
The parabolic SAR indicator, developed by J. Wells Wilder, is used by traders to determine trend direction and potential reversals in price. The indicator uses a trailing stop and reverse method called "SAR," or stop and reverse, to identify suitable exit and entry points. Traders also refer to the indicator as to the parabolic stop and reverse, parabolic SAR, or PSAR.
The parabolic SAR indicator appears on a chart as a series of dots, either above or below an asset's price, depending on the direction the price is moving. A dot is placed below the price when it is trending upward, and above the price when it is trending downward
What Does the Parabolic SAR Indicator Tell You?
The parabolic indicator generates buy or sell signals when the position of the dots moves from one side of the asset's price to the other. For example, a buy signal occurs when the dots move from above the price to below the price, while a sell signal occurs when the dots move from below the price to above the price.
Traders also use the PSAR dots to set trailing stop loss orders. For example, if the price is rising, and the PSAR is also rising, the PSAR can be used as a possible exit if long. If the price drops below the PSAR, exit the long trade.
#TRADERTIPS
#zero2master
#Indicator
#newbieTrader
Understanding Open Interest in Crypto Trading: A Guide to Profitable Strategies
Open Interest (OI) is a critical but often underutilized metric in the world of #CryptoTrading. This #guide will help you understand what #Openinterest is, how to use it effectively, and how to combine it with other trading instruments to enhance your trading strategy and boost profitability.
What is Open Interest?
Open Interest represents the total number of outstanding derivative contracts, such as futures or options, that are currently open and active. It’s a measure of the flow of money into the futures market and an #Indicator of market #Sentiments and liquidity.
Why is Open Interest Important?
Market Sentiment: Increasing OI suggests new money is flowing into the market, indicating a potential continuation of the current trend. Conversely, decreasing OI suggests money is leaving the market, which could signal a trend reversal.Liquidity: High OI indicates a liquid market where it is easier to enter and exit positions without significant slippage.Confirmation Tool: OI can be used to confirm trends. For instance, a price increase accompanied by rising OI suggests a strong bullish trend.
How to Use Open Interest in Crypto Trading
To effectively incorporate OI into your trading strategy, it’s essential to combine it with other instruments and indicators. Here are some practical strategies:
1. Combining OI with Price Action
Trend Confirmation: Use OI to confirm price trends. If prices are rising and OI is increasing, it suggests that the upward trend is strong and likely to continue. Conversely, if prices are rising but OI is falling, it may indicate that the trend is weakening.Divergence Analysis: Look for divergences between price and OI. For example, if the price of a cryptocurrency is rising but OI is decreasing, it could be a warning sign that the bullish trend is losing momentum.
2. OI and Volume Analysis
Volume Confirmation: High trading volume alongside increasing OI can confirm the strength of a price movement. Conversely, if volume is high but OI is decreasing, it might indicate short-term speculation rather than a strong trend.Volume Spikes: Sudden spikes in volume accompanied by rising OI can signal the beginning of a new trend or the end of a consolidation phase.
3. OI and Volatility
Volatility Analysis: Track changes in OI along with volatility measures like the Bollinger Bands or the Average True Range (ATR). Rising OI in a low volatility environment might signal a breakout, while high volatility with increasing OI can indicate a strong trending market.Volatility Breakouts: Use OI to identify potential breakouts. A sudden increase in OI during a period of low volatility might precede a significant price move.
4. OI and Sentiment Indicators
Market Sentiment: Combine OI with sentiment indicators like the Fear and Greed Index or social media sentiment analysis to gauge the overall mood of the market. High OI during extreme greed could indicate a potential bubble, while high OI during extreme fear might present a buying opportunity.Contrarian Signals: Use OI to identify contrarian trading opportunities. For example, if OI is rising significantly in a bearish market, it might indicate that a bottom is forming.
Practical Example: $RSR
Trade Analysis
Let's delve into a practical example to illustrate how Open Interest can be used effectively in trading decisions. The following images and analysis provide a detailed look into an RSR/USDT trade.
Example Breakdown:
Step 1: Identifying Key Levels on Higher Timeframe
The 4-hour chart of RSR/USDT shows a significant support level that was broken down. This breakdown indicated a potential change in trend direction from bullish to bearish.
Step 2: ERKEScan Alert
ERKEScan triggered an alert for a significant increase in Open Interest (OI Change 1h: 5.231). This alert indicates a substantial number of new positions being opened, suggesting strong market activity.
Step 3: Zooming into Smaller Timeframes
Moving into a smaller timeframe , we see that the price popped right into the newly formed resistance zone from the 4-hour breakdown level. This movement provided an ideal entry point for a short trade.
The chart shows the significant spike in price followed by a quick reversal, confirming the resistance level's strength. Many positions were placed at this level, providing a high-probability trade setup.
Trade Execution
Based on the higher timeframe analysis and the confirmation from the OI spike, we could enter a short trade on RSR at the resistance level. The trade benefits from the confirmation of increased OI and the price action aligning with our higher timeframe analysis.
Using ERKEScan's Top10 Leaderboard to Filter Fake Signals
To avoid being misled by fake OI signals, you can use ERKEScan's Top10 leaderboard feature. This tool shows the top 10 tokens with the highest Open Interest increases, allowing you to filter out any anomalies or false signals. By focusing on the tokens with the most significant OI changes, you can make more informed trading decisions and enhance your strategy's effectiveness.
Conclusion
Open Interest is a powerful tool that, when used correctly, can provide valuable insights into market sentiment, liquidity, and potential price movements. By combining OI with other trading instruments such as price action, volume, volatility, and sentiment indicators, you can develop a robust trading strategy that enhances your profitability in the crypto market.
As you refine your strategy, consider using advanced tools and platforms that offer real-time OI data and customizable alerts, like the ErkeScan crypto screener. By leveraging these resources, you can stay ahead of the market and make more informed trading decisions.
With these strategies, you'll be well-equipped to incorporate Open Interest into your trading arsenal and improve your chances of success in the dynamic world of crypto trading.
What is Open Interest?
Open Interest represents the total number of outstanding derivative contracts, such as futures or options, that are currently open and active. It’s a measure of the flow of money into the futures market and an #Indicator of market #Sentiments and liquidity.
Why is Open Interest Important?
Market Sentiment: Increasing OI suggests new money is flowing into the market, indicating a potential continuation of the current trend. Conversely, decreasing OI suggests money is leaving the market, which could signal a trend reversal.Liquidity: High OI indicates a liquid market where it is easier to enter and exit positions without significant slippage.Confirmation Tool: OI can be used to confirm trends. For instance, a price increase accompanied by rising OI suggests a strong bullish trend.
How to Use Open Interest in Crypto Trading
To effectively incorporate OI into your trading strategy, it’s essential to combine it with other instruments and indicators. Here are some practical strategies:
1. Combining OI with Price Action
Trend Confirmation: Use OI to confirm price trends. If prices are rising and OI is increasing, it suggests that the upward trend is strong and likely to continue. Conversely, if prices are rising but OI is falling, it may indicate that the trend is weakening.Divergence Analysis: Look for divergences between price and OI. For example, if the price of a cryptocurrency is rising but OI is decreasing, it could be a warning sign that the bullish trend is losing momentum.
2. OI and Volume Analysis
Volume Confirmation: High trading volume alongside increasing OI can confirm the strength of a price movement. Conversely, if volume is high but OI is decreasing, it might indicate short-term speculation rather than a strong trend.Volume Spikes: Sudden spikes in volume accompanied by rising OI can signal the beginning of a new trend or the end of a consolidation phase.
3. OI and Volatility
Volatility Analysis: Track changes in OI along with volatility measures like the Bollinger Bands or the Average True Range (ATR). Rising OI in a low volatility environment might signal a breakout, while high volatility with increasing OI can indicate a strong trending market.Volatility Breakouts: Use OI to identify potential breakouts. A sudden increase in OI during a period of low volatility might precede a significant price move.
4. OI and Sentiment Indicators
Market Sentiment: Combine OI with sentiment indicators like the Fear and Greed Index or social media sentiment analysis to gauge the overall mood of the market. High OI during extreme greed could indicate a potential bubble, while high OI during extreme fear might present a buying opportunity.Contrarian Signals: Use OI to identify contrarian trading opportunities. For example, if OI is rising significantly in a bearish market, it might indicate that a bottom is forming.
Practical Example: $RSR
Trade Analysis
Let's delve into a practical example to illustrate how Open Interest can be used effectively in trading decisions. The following images and analysis provide a detailed look into an RSR/USDT trade.
Example Breakdown:
Step 1: Identifying Key Levels on Higher Timeframe
The 4-hour chart of RSR/USDT shows a significant support level that was broken down. This breakdown indicated a potential change in trend direction from bullish to bearish.
Step 2: ERKEScan Alert
ERKEScan triggered an alert for a significant increase in Open Interest (OI Change 1h: 5.231). This alert indicates a substantial number of new positions being opened, suggesting strong market activity.
Step 3: Zooming into Smaller Timeframes
Moving into a smaller timeframe , we see that the price popped right into the newly formed resistance zone from the 4-hour breakdown level. This movement provided an ideal entry point for a short trade.
The chart shows the significant spike in price followed by a quick reversal, confirming the resistance level's strength. Many positions were placed at this level, providing a high-probability trade setup.
Trade Execution
Based on the higher timeframe analysis and the confirmation from the OI spike, we could enter a short trade on RSR at the resistance level. The trade benefits from the confirmation of increased OI and the price action aligning with our higher timeframe analysis.
Using ERKEScan's Top10 Leaderboard to Filter Fake Signals
To avoid being misled by fake OI signals, you can use ERKEScan's Top10 leaderboard feature. This tool shows the top 10 tokens with the highest Open Interest increases, allowing you to filter out any anomalies or false signals. By focusing on the tokens with the most significant OI changes, you can make more informed trading decisions and enhance your strategy's effectiveness.
Conclusion
Open Interest is a powerful tool that, when used correctly, can provide valuable insights into market sentiment, liquidity, and potential price movements. By combining OI with other trading instruments such as price action, volume, volatility, and sentiment indicators, you can develop a robust trading strategy that enhances your profitability in the crypto market.
As you refine your strategy, consider using advanced tools and platforms that offer real-time OI data and customizable alerts, like the ErkeScan crypto screener. By leveraging these resources, you can stay ahead of the market and make more informed trading decisions.
With these strategies, you'll be well-equipped to incorporate Open Interest into your trading arsenal and improve your chances of success in the dynamic world of crypto trading.
