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Breadth Indicators

Nico's SPX S&R Adjusted Dynamic ChannelTest of dynamic channels and some statistics made by hand. This indicator was done specifically for the S&P500 index. As you can see, below the 125 EMA there's a lot more volatility than in the upside. I've made some kind of a dynamic linear regression of the lows and the highs. How to use this indicator Green = First grade support/resistance. Orange = Second grade support/resistance. Caution. Red = Third grade support/resistance. High chances of mean reversal. Blue zone = This is the neutral zone, where the prices are not cheap nor expensive. Often in a trending market, the price will have the blue zone as it's main support and when trending the price will stick to the green MA. When the price touches the orange MA, the most probable is that it will return to the green MA. If the price touches the red zone, there's a high chance that this is a big turning point and it will reverse to the mean (green or blue zone). I've backtested this indicator since the beginning of the dataset and it works like magic. Leave a comment if you like it!
TVC:SPX
by NicolasRZ
19
BTCUSDT 4H | Bitcoin market overview: BearishHello, dear subscribers! In our previous review, we looked at the formation of the "triangle" pattern on the bitcoin price chart. Bitcoin price came out of the "triangle" downwards, this confirms selling as the main scenario. The price minimum after exiting the "triangle" at the level of - $35,000, was - $28,850. After that, bitcoin price corrected upwards and entered the zone of $31,000 - $34,300 between support and resistance level. At the moment, bitcoin price is within this range. According to the MACD and RSI indicators, we see a corrective upward movement. An interesting picture is observed on the OBV indicator - the indicator value has fallen under the support of 1.795M, which indicates a bear market. A rebound from resistance is likely to lead to another bearish attack in the bitcoin market. Subscribe to the channel and stay tuned!
Short
by CatalystsFinance
BTCUSDT 4H | Bitcoin market overview: Triangle battleHello, dear subscribers! In the previous review, we looked at the boundaries of bitcoin price movement zones in the short term. In the following days, the bears managed to lower the bitcoin price to the resistance zone 1. Buyers managed to beat off the bears' attack twice and push the price up. At the moment, bitcoin price is at the border of the resistance level - $36,800, which was previously a support. The bitcoin's price movement forms a "triangle" pattern, an exit from which up or down will cause the price movement equal to the height of the triangle, which is about $10,000. The MACD and RSI indicators show the dominance of buyers in the market, in the current 4-hour candle they both went into the green zone. If the bears did not manage to close the current candle in the red zone, a buy signal will be formed. The OBV is showing a decline in the long positions of the last few days, which tells you that the sellers are increasing their positions. This may be a negative factor for further bitcoin price growth. Subscribe to the channel and stay tuned!
by CatalystsFinance
2
A BTC Study on the Bollinger BandsIn this technical analysis I will walk you through the methodology that I applied to verify a hypothesis that I've been forming while looking at BTC recently. This is a slightly different analysis than the one I usually publish, I'd be very interested to hear your feedback. I want to experiment a bit with different forms of ideas that I publish here on the platform. I am taking the bollinger bands over the last weeks and check every time the price comes above or below it. I want to see if it has predictive value over the next movement. I hope that together with some of you I can extend this theory to make it more accurate. Perhaps there are ways that I can make it more accurate by discovering connections that I hadn't seen yet. So please feel free to drop me a comment below if you have more ideas! So what about the strategy? This will be a good lesson on risk-reward as you will see unfold that we can make a good profit with a near 50/50 win loss strategy. So what would the strategy actually look like? The strategy would be as follows: You would wait for the price to break out of the Bollinger bands and immediately start a BTC trade. Then, if it is above the upper band you would place a short. Conversely if it is below the lower band you would place a long. The hard part is about determining where to place your stop loss and where to take profit. I played with a few numbers, but it seems that if you take a profit of 3% and place a stop loss at a 2% risk you would get a very interesting results. And what about the results? There are: - 32 breakouts in total - 17 of which are positive - 15 of which are negative - 53% win-loss (17/32) total To keep things simple and not work with compound interest now, this gives us a total of: - 17*3 percent points profit, - 15*2 percent points loss - This is a net net 21% percent points profit I'm super curious to hear your thoughts on this one. A new format where we discuss a trading strategy. Also what do you think of the strategy itself or the methodology I apply here to calculate how successful it is? Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITFINEX:BTCUSD
by Trading-Guru
14
BTCUSDT 4H | Bitcoin market overview: Bullish signHello, dear subscribers! In our previous review, we looked at the Triangle pattern and bitcoin's downward exit from it. The exit worked correctly, but the bears could not lower the price beyond the first support level of $17,600. Since December 1, bitcoin price has been inside the $17,600 - $19,400 zone. After the last bounce of the bitcoin price from the support level of $17,600 the RSI and MACD indicators came to the green zone and signal a local bullish trend. It is important for buyers to consolidate above $19,400 level - it will be a good sign for continuation of the global uptrend. Also on the bitcoin market, formation of a pattern - fakeout, a brief exit above the resistance level - $19,400 and a reversal downward is possible. For now, bitcoin market is on the side of buyers. OBV indicator shows that the current bitcoin growth is not supported by a set of long positions. The indicator shows declining growth peaks in buying volumes, indicating that the bulls are weakening. Subscribe to the channel and stay tuned!
Long
by CatalystsFinance
Most stocks above their 200 DMA in a decadeBreadth indicators really only become useful in two circumstances: 1) when they start to diverge from the price or 2) when they reach an extreme. The highest percentage of stocks above their 200-day moving average in a decade is noteworthy and can be considered an outlier – or extreme scenario. Stocks and breadth are moving in sync and so there is no divergence. What does it tell us? If we think back to what was happening in 2009/10 when this indicator was hitting these levels was that markets were rebounding strongly after the 2008 financial crisis. After the last reading of 83 in MMTH, US stock markets went on to have a 10-year bull market but it had a 20% correction first. Stock market breadth at this kind of extreme means an underlying strong market that has reached extreme sentiment that could usher in a shorter term pullback. The indicator does not say how big this pullback will be but makes us a little more prepared for it.
SP:SPX
by jasperlawler
Update with examples of the BBK SqueezeBITFINEX:BTCUSD is starting to show another squeeze on the 30m timeframe as price begins to consolidate. There was a great trade on the 30m using the indicator over the weekend. I also look at where another BBK Squeeze took price from the 11000 levels on the swing trading timeframe a few weeks ago. If you are patient and wait for the BBK Squeeze to filter out the noise you can find some great potential breakouts! DM me or comment for more info...
BITFINEX:BTCUSDEducation
by norok