Hey there! So you've got the CoffeeKiller indicator suite loaded up on your charts, and you're wondering how to use them together as a cohesive trading system. Let me walk you through how I'd approach this setup with the Rev&Line with TrendMarker on your main price chart and the RSI+MFI Momentum Mapper and MACD Boundary as your oscillators below.
The Big Picture: How These Work Together
Think of this setup as a three-layer confirmation system:
1. Rev&Line with TrendMarker gives you the big picture trend and potential reversal points on price
2. RSI+MFI Momentum Mapper shows you the underlying momentum strength
3. MACD Boundary confirms cycle timing and helps with entry precision
What makes this system powerful is how they complement each other. When all three align, you've got a high-probability trade setup.
Reading Your Main Chart: Rev&Line with TrendMarker
This is your primary trend identifier. The key features to watch are:
- Background color: Green means bullish (both SuperTrend and PSAR agree), red means bearish. This is your first clue about trend direction.
- ZigZag lines: These connect significant pivot points, helping you visualize the trend structure.
- Marker lines: These track the price range of the current swing. The high (magenta) and low (cyan) marker lines create a channel that price tends to respect.
- Triangle signals: When you see a down triangle at a pivot high or an up triangle at a pivot low, pay attention! These often mark potential reversal points.
The beauty of the Rev&Line indicator is that it combines multiple technical concepts (ZigZag, SuperTrend, PSAR, and Donchian Channels) into one visual guide.
Checking Momentum: RSI+MFI Momentum Mapper
This oscillator is your momentum gauge, combining RSI and MFI for a more reliable signal:
- Zero line: Above zero means bullish momentum, below means bearish.
- Colored columns: Watch how these behave - the color changes tell you about momentum shifts.
- Marker lines: Just like on the main chart, these track the range of the current momentum swing.
- Peak markers: The yellow triangles mark significant momentum peaks and troughs.
When the marker lines are making higher highs in bullish territory or lower lows in bearish territory, the momentum is strong. When they start to flatten out, momentum is weakening.
Timing Entries: MACD Boundary
The MACD Boundary adds precision to your entries and confirms the other indicators:
- Histogram columns: The dynamic coloring tells you about strength and direction.
- Marker lines: These track the historical range of the current MACD cycle.
- Peak markers: Just like the RSI+MFI indicator, these show you momentum turning points.
One huge advantage of this MACD implementation is the timeframe flexibility - you can view a shorter timeframe chart but calculate the MACD on a higher timeframe for better trend alignment.
Putting It All Together: Trade Setups
Bullish Setup:
1. Main chart: Background turns green, ZigZag starts moving up, and we get an up triangle
2. RSI+MFI: Crosses above zero, columns turn green, and the high marker line starts making higher highs
3. MACD: Histogram turns green and crosses above zero
Bearish Setup:
1. Main chart: Background turns red, ZigZag starts moving down, and we get a down triangle
2. RSI+MFI: Crosses below zero, columns turn red, and the low marker line starts making lower lows
3. MACD: Histogram turns red and crosses below zero
Fine-Tuning Entries
For entry timing, I'd pay special attention to:
- When price tests the lower (cyan) marker line in an uptrend
- When the RSI+MFI indicator shows a yellow up triangle at a trough
- When the MACD histogram starts to turn back toward zero after making a notable low
Managing Risk
Use the marker lines on the main chart for stop placement - they create natural areas of support and resistance. In an uptrend, I'd place my stop just below the lower marker line. In a downtrend, I'd place it just above the upper marker line.
Pro Tips from Personal Experience
1. Watch for divergences: If the main chart is making higher highs but the oscillators are making lower highs, be cautious of a potential reversal.
2. Pay attention to confluences: When marker lines from different timeframes align at a similar price level, that's often a powerful support/resistance zone.
3. Don't fight the background color: One of the easiest mistakes is trying to short when the background is green or go long when it's red. Be patient and wait for full alignment.
4. Focus on peak markers: Those little yellow triangles on the oscillators often precede major moves, especially when they show up after a deep momentum thrust.
5. Use the percentage values: On the main chart, the percentage indicators show where price is within the current range - great for gauging how much "room" is left in the current swing.
Remember, no system is perfect, but this suite gives you a comprehensive view of market structure, momentum, and timing. When all three indicators align, that's when the highest probability setups occur.
Disclaimer
This trading system explanation is provided for educational and informational purposes only. Trading financial markets involves substantial risk of loss and is not suitable for all investors. The analysis, indicators, and strategies discussed do not constitute financial advice, investment recommendations, or signals to trade. Past performance of any trading system or methodology is not necessarily indicative of future results. Before implementing any trading strategy, consult with a licensed financial advisor who can provide personalized advice based on your specific financial situation, risk tolerance, and investment goals. Remember that no trading system can guarantee profits, and you should never invest money that you cannot afford to lose.
The Big Picture: How These Work Together
Think of this setup as a three-layer confirmation system:
1. Rev&Line with TrendMarker gives you the big picture trend and potential reversal points on price
2. RSI+MFI Momentum Mapper shows you the underlying momentum strength
3. MACD Boundary confirms cycle timing and helps with entry precision
What makes this system powerful is how they complement each other. When all three align, you've got a high-probability trade setup.
Reading Your Main Chart: Rev&Line with TrendMarker
This is your primary trend identifier. The key features to watch are:
- Background color: Green means bullish (both SuperTrend and PSAR agree), red means bearish. This is your first clue about trend direction.
- ZigZag lines: These connect significant pivot points, helping you visualize the trend structure.
- Marker lines: These track the price range of the current swing. The high (magenta) and low (cyan) marker lines create a channel that price tends to respect.
- Triangle signals: When you see a down triangle at a pivot high or an up triangle at a pivot low, pay attention! These often mark potential reversal points.
The beauty of the Rev&Line indicator is that it combines multiple technical concepts (ZigZag, SuperTrend, PSAR, and Donchian Channels) into one visual guide.
Checking Momentum: RSI+MFI Momentum Mapper
This oscillator is your momentum gauge, combining RSI and MFI for a more reliable signal:
- Zero line: Above zero means bullish momentum, below means bearish.
- Colored columns: Watch how these behave - the color changes tell you about momentum shifts.
- Marker lines: Just like on the main chart, these track the range of the current momentum swing.
- Peak markers: The yellow triangles mark significant momentum peaks and troughs.
When the marker lines are making higher highs in bullish territory or lower lows in bearish territory, the momentum is strong. When they start to flatten out, momentum is weakening.
Timing Entries: MACD Boundary
The MACD Boundary adds precision to your entries and confirms the other indicators:
- Histogram columns: The dynamic coloring tells you about strength and direction.
- Marker lines: These track the historical range of the current MACD cycle.
- Peak markers: Just like the RSI+MFI indicator, these show you momentum turning points.
One huge advantage of this MACD implementation is the timeframe flexibility - you can view a shorter timeframe chart but calculate the MACD on a higher timeframe for better trend alignment.
Putting It All Together: Trade Setups
Bullish Setup:
1. Main chart: Background turns green, ZigZag starts moving up, and we get an up triangle
2. RSI+MFI: Crosses above zero, columns turn green, and the high marker line starts making higher highs
3. MACD: Histogram turns green and crosses above zero
Bearish Setup:
1. Main chart: Background turns red, ZigZag starts moving down, and we get a down triangle
2. RSI+MFI: Crosses below zero, columns turn red, and the low marker line starts making lower lows
3. MACD: Histogram turns red and crosses below zero
Fine-Tuning Entries
For entry timing, I'd pay special attention to:
- When price tests the lower (cyan) marker line in an uptrend
- When the RSI+MFI indicator shows a yellow up triangle at a trough
- When the MACD histogram starts to turn back toward zero after making a notable low
Managing Risk
Use the marker lines on the main chart for stop placement - they create natural areas of support and resistance. In an uptrend, I'd place my stop just below the lower marker line. In a downtrend, I'd place it just above the upper marker line.
Pro Tips from Personal Experience
1. Watch for divergences: If the main chart is making higher highs but the oscillators are making lower highs, be cautious of a potential reversal.
2. Pay attention to confluences: When marker lines from different timeframes align at a similar price level, that's often a powerful support/resistance zone.
3. Don't fight the background color: One of the easiest mistakes is trying to short when the background is green or go long when it's red. Be patient and wait for full alignment.
4. Focus on peak markers: Those little yellow triangles on the oscillators often precede major moves, especially when they show up after a deep momentum thrust.
5. Use the percentage values: On the main chart, the percentage indicators show where price is within the current range - great for gauging how much "room" is left in the current swing.
Remember, no system is perfect, but this suite gives you a comprehensive view of market structure, momentum, and timing. When all three indicators align, that's when the highest probability setups occur.
Disclaimer
This trading system explanation is provided for educational and informational purposes only. Trading financial markets involves substantial risk of loss and is not suitable for all investors. The analysis, indicators, and strategies discussed do not constitute financial advice, investment recommendations, or signals to trade. Past performance of any trading system or methodology is not necessarily indicative of future results. Before implementing any trading strategy, consult with a licensed financial advisor who can provide personalized advice based on your specific financial situation, risk tolerance, and investment goals. Remember that no trading system can guarantee profits, and you should never invest money that you cannot afford to lose.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.