VS-ALL
Last updated
Last updated
Link: https://bit.ly/3NtAG38
unlike VS-BTC this one in addition to Btc and Eth it works on altcoins and other assets as well.
The signals merely indicate extreme points in price at the given time.
They may serve as reversal signals in some cases or as mean reversion setups and scalping opportunities in others. Additionally, they can be used as alerts, signals, or reminders for the areas where you need to pay attention. Combining them with your own analysis will result in a much higher yield compared to using them as the sole signal.
shows when price diverges from what would be expected
It begins by securely fetching price data for the current symbol. The indicator then computes a momentum related value and a gradient, which determines the price projection.
The script identifies the historical intersections of the price and the price projection.
in a strong momentum markets if the generated signal has the same bias/direction as the market you can ride them. and if they are opposite you need to be careful since the MFE of them are less than the other situations.
Examples:
VS-ALL applies a volatility factor based on the historical data, calculated using standard deviation of logarithmic returns. factors will get normalized with their respective values to generate a factor. The factor, combined with the historical data forms the basis for the primary signals.