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CVD AI PRO - 3.1 Conservative Day Trader CVD AI PRO - 3.1 Conservative Day Trader (updated) Summary: This advanced technical indicator combines Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), and Percentage Change analysis to generate long trading signals. Designed for the discerning trader, it integrates a comprehensive approach by considering volume, price volatility, and trend momentum to identify potential market entry points. Features: • Timeframe Selector: Allows users to specify the desired analysis timeframe, enhancing the indicator's flexibility across different trading strategies. • Conservative Signal Filter: An optional filter that prevents the generation of consecutive buy or sell signals without an alternating signal, promoting a disciplined trading approach by ensuring that each buy signal is followed by a sell signal and vice versa. • ATR-Based Stop Loss Calculation: Utilizes a dynamic ATR multiplier to determine optimal stop loss levels, adjusting to market volatility. • Cumulative Volume Delta (CVD): Offers insights into market momentum by accumulating volume changes, providing a unique perspective on market sentiment. • MACD & Confidence Level Analysis: Incorporates MACD line movements and a custom confidence level based on CVD normalization to refine signal accuracy. • Volume Filter: Enhances signal reliability by including volume trends in the analysis, with options to activate or deactivate this filter based on user preference. • Customizable Parameters: Includes user-defined inputs for ATR length, CVD length, MACD settings, and more, offering a tailored analytical experience. • Signal Labels with Enhanced Visibility: Marks buy and sell signals directly on the chart with labels featuring increased font size, improving readability and decision-making speed. • Directional Trend Labels: Provides immediate visual cues about the market's direction, aiding in quick assessment of current market trends. Use Cases: Ideal for traders looking for a comprehensive, multifaceted technical analysis tool, this indicator suits various trading styles, from swing trading to longer-term investment strategies. The Conservative Signal Filter and enhanced signal labels particularly benefit users seeking to minimize risk and focus on clear, well-defined market entry and exit points.
by Crypto_Capital_Int
2
CVD PRO Buy Sell Signals for scalping in Crypto FuturesCVD PRO v3.0 - Crypto Capital International Indicator Overview: This indicator combines several key elements to provide insights into market trends and potential trading signals. It incorporates Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), Percentage Change, MACD (Moving Average Convergence Divergence), and G-Trend filters. By analyzing volume, price movements, and momentum indicators, it aims to identify potential buying and selling opportunities. 1. How It Works: • CVD (Cumulative Volume Delta): CVD is calculated by cumulatively summing the volume multiplied by the sign of price changes. This helps gauge the strength of buying or selling pressure. • ATR (Average True Range): ATR measures market volatility, providing insights into potential price movements. The dynamic aspect adjusts ATR based on market conditions. Percentage Change: This indicator calculates the percentage change in price over a specified period. • MACD: MACD is a trend-following momentum indicator that helps identify trend direction and potential reversals. • G-Trend: G-Trend identifies bullish or bearish trends based on price movements relative to a moving average. 2. How to Use It: • Buy Signals: Generated when confidence level surpasses a threshold, MACD signal is bullish, CVD is positive, and optionally, volume filter conditions are met. • Sell Signals: Generated when confidence level surpasses a threshold, MACD signal is bearish, and optionally, volume filter conditions are met. 3. Market Conditions It Works In: The indicator is suitable for various market conditions, including trending, ranging, and volatile markets. It's particularly effective in identifying trends and potential reversals during periods of significant volume and price movement. 4. Base Indicators Explained: CVD: Measures volume-based buying or selling pressure. ATR: Indicates market volatility and potential price ranges. MACD: Identifies trend direction and momentum. G-Trend: Helps confirm bullish or bearish trends. 5. Volume Filter: The volume filter optionally includes green (bullish) or red (bearish) volume bars to confirm buy or sell signals. Traders can toggle the volume filter based on how many signals will be filtered from the daily volume inflows or outflows Volume Bar Colors: The volume filter compares the current volume bar color with the previous volume bar color. A green volume bar indicates that the closing price of the current bar is higher than the closing price of the previous bar, suggesting bullish sentiment. A red volume bar indicates that the closing price of the current bar is lower than the closing price of the previous bar, suggesting bearish sentiment. Filter Logic: For buy signals, the volume filter confirms bullish momentum by checking if the current volume bar is green (indicating buying pressure). For sell signals, the volume filter confirms bearish momentum by checking if the current volume bar is red (indicating selling pressure). Usage: Traders can choose to enable or disable the volume filter based on their trading preferences. Enabling the volume filter adds an additional confirmation criterion to buy and sell signals, potentially increasing the reliability of trade decisions. Disabling the volume filter ignores volume bar colors and relies solely on other criteria (such as MACD, CVD, and confidence level) for generating signals. Considerations: The volume filter is optional and can be toggled on or off based on individual trading strategies. It's important to consider the overall context of price action and volume trends when interpreting volume bar colors. Traders may adjust the sensitivity of the volume filter or combine it with other volume-based indicators for more nuanced analysis. Implementation: The indicator code includes logic to check volume bar colors (green or red) and incorporates this information into signal generation. Buy signals are confirmed by green volume bars, while sell signals are confirmed by red volume bars.
by Crypto_Capital_Int