INVITE-ONLY SCRIPT
The Oracle v3 [Redbeard]
Welcome,
as the name already says, this indicator will help you to find very early long and short signals for cryptocurrencies and stocks (Didnt test Forex yet).
In the comment section below, i will post some chart examples, in which you will see, how successful the indicator works, when you follow some rules.
1. What does the indicator contain:
This one indicator contains 5 different indicators, which 4 of them are being used as "confirmation signals".
Main Line: The green/red line is a modified RSI , so trendlines are easier to draw.
Stochastic: A regular stochastic indicator.
Multi Divergences: The red/orange and green/olive colored tags with numbers in it, display divergences.
MFI: The vertical blue/purple lines, are being displayed using a MFI calculation. They simply display potential tops/bottoms.
Long/Short Tags: The yellow and blue colored tags with the text "Long/Short" in it, are being displayed by another "secret" indicator.
White vertical line: This is only a offset, so everyone who uses this indicator, knows in which area he should look for trendlines .
2. How to use the indicator:
Its very simple: Trendlines
The only thing you have to do by yourself, is to look for trendline on the "green/red" Main line and to draw them.
If the Main Line closes above a resistance trendline or closes below a support trendline AND has 1-2 additional confirmation signals, then you might have a good early entry.
The most important thing are the stop losses, because like any other indicator, it wont work to 100%. But this i will explain in the discord
3. On which timeframes does it work?
It works on any timeframe.
4. Who should use it?
People who are willing to learn, how to use the indicator.
People with some basic expirience (what is a divergence, what is a trendline)
5. Do i need more indicators?
In best case yes.
Im using 2 additional indicators, which you can use too.
6. Is there any backtest or are there any "proofs" of how good the indicators worked in the past?
Yes.
I will share some examples from the past in the comment section.
as the name already says, this indicator will help you to find very early long and short signals for cryptocurrencies and stocks (Didnt test Forex yet).
In the comment section below, i will post some chart examples, in which you will see, how successful the indicator works, when you follow some rules.
1. What does the indicator contain:
This one indicator contains 5 different indicators, which 4 of them are being used as "confirmation signals".
Main Line: The green/red line is a modified RSI , so trendlines are easier to draw.
Stochastic: A regular stochastic indicator.
Multi Divergences: The red/orange and green/olive colored tags with numbers in it, display divergences.
MFI: The vertical blue/purple lines, are being displayed using a MFI calculation. They simply display potential tops/bottoms.
Long/Short Tags: The yellow and blue colored tags with the text "Long/Short" in it, are being displayed by another "secret" indicator.
White vertical line: This is only a offset, so everyone who uses this indicator, knows in which area he should look for trendlines .
2. How to use the indicator:
Its very simple: Trendlines
The only thing you have to do by yourself, is to look for trendline on the "green/red" Main line and to draw them.
If the Main Line closes above a resistance trendline or closes below a support trendline AND has 1-2 additional confirmation signals, then you might have a good early entry.
The most important thing are the stop losses, because like any other indicator, it wont work to 100%. But this i will explain in the discord
3. On which timeframes does it work?
It works on any timeframe.
4. Who should use it?
People who are willing to learn, how to use the indicator.
People with some basic expirience (what is a divergence, what is a trendline)
5. Do i need more indicators?
In best case yes.
Im using 2 additional indicators, which you can use too.
6. Is there any backtest or are there any "proofs" of how good the indicators worked in the past?
Yes.
I will share some examples from the past in the comment section.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系iBeardy。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
If you want to test the indicator, there is a trial for 1 week. If you want to use it for longer, you can purchase is for a small amount of money.
I will teach/explain it no worries ;)
Join my discord or pm me here in TV:
https://discord.gg/hjvyn4t4
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系iBeardy。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
If you want to test the indicator, there is a trial for 1 week. If you want to use it for longer, you can purchase is for a small amount of money.
I will teach/explain it no worries ;)
Join my discord or pm me here in TV:
https://discord.gg/hjvyn4t4
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。