INVITE-ONLY SCRIPT
Crypto Advanced Trading Indicator
Updated
The Crypto Indicator gives you a true picture of the market entry points, after a scan it does every period (after every candlestick closes) . It is pretty straightforward in its use with clear visual representation of the entry and exit points provided by the indicator.
This allows you to make improved entry and exit points and accommodates many trading styles, systems, and strategies.
It will work along most TradingView indicators and the timeframes we recommend you using it in are the 1H and sometimes the 4H chart.
The specific components of the indicator are:
Methodology:
Features:
Remarks:
In our experience and therefore recommendation, the values used for each crypto coin work best on the 1-Hour timeframe. We encourage everyone to experiment, but the best results we had, were on this specific timeframe or higher.
Using the indicator on non-standard charts (Heikin Ashi, Renko etc.) can produce unrealistic results.
- Thanks to John Aslanis and Alexandros Temelkou the idealists and creators of this indicator.
Use the link below to watch a tutorial video, request a trial, or purchase for access:
This allows you to make improved entry and exit points and accommodates many trading styles, systems, and strategies.
It will work along most TradingView indicators and the timeframes we recommend you using it in are the 1H and sometimes the 4H chart.
The specific components of the indicator are:
Methodology:
- The indicator uses a MACD oscillator to determine the local trend direction and to give buy & exit signals when its conditions are met.
- An optional TradingView indicator, exponential moving average cross (EMA cross), can be used to filter out 'false' signals.
- The calculation of the entry points are drawn from specific different prices for every one of the coins hardcoded in the script, and the filter function in the indicator settings, allows the user to change those prices based on the coin he is currently watching, based on the specific coin it is chosen in the filter.
- Persistent variables are used for buy and exit prices, enabling color-coding of the signals (profitable or not).
Features:
- Color coded labels - Buy, Exit = purple
- Two types of entries - Bull Buy = green, Bear Buy = orange
- Coin filter
- Buy signal alerts
Remarks:
In our experience and therefore recommendation, the values used for each crypto coin work best on the 1-Hour timeframe. We encourage everyone to experiment, but the best results we had, were on this specific timeframe or higher.
Using the indicator on non-standard charts (Heikin Ashi, Renko etc.) can produce unrealistic results.
- Thanks to John Aslanis and Alexandros Temelkou the idealists and creators of this indicator.
Use the link below to watch a tutorial video, request a trial, or purchase for access:
Release Notes
Updated the precision of the script, raising the posibility of getting a Buy signal.Release Notes
Opened up "Default" mode, so now you can see all entry points without a specific coin filter (trade with care and under our instructions from our walkthrough video).Updated the filter prices for BTC, ETH, BNB, CAKE, AAVE, MANA, ENJ, DIA for better "Bear Buy" signals.
Release Notes
Updated the alert section of the script, now they include "EXIT" signal alerts so you could be notified when to exit a trade.Release Notes
Updated the script with two new indications, a Blue "Buy" and a Red "Exit", that give you the choice of filtering your entries and exits in the market. Those two new indications can either work along with the old ones or, via the settings of the indicator, you can choose to use them alone.Updated the filter prices for BTC, ETH, BNB, CAKE, AAVE, MANA, ENJ, DIA for better "Bear Buy" signals.
Updated the alert section of the script, to include the new Blue "Buy" and Red "Exit" signal alerts .
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact WOTS4 for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Visit Crypto Advanced for access to our paid indicators and other services →
https://cryptoadvancedpro.com/
Want to use this script on a chart?
Warning: please read before requesting access.
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.