Sheavy XV

USE INDICATOR WITH YOUR OWN RISK
ANY OR ALL LOSSES/WINS WILL NOT BE HELD RESPONSIBLE BY THE CREATOR OF THIS SCRIPT.

SHEAVY will give LONG/SHORT signals as well as their corresponding closing order
Long - EXIT (yellow)
Short - CLOSE (cyan)
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Long + Yellow candles = MED-HIGH risk LONG entry
Long + BRIGHT RED candles = MED risk LONG entry
Long + WHITE candles = LOW risk LONG entry

Short + Cyan = HIGH risk short
Short + BRIGHT GREEN = MED RISK SHORT
Short + Yellow = LOW risk short
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RSI Candles V5 : RSI period (14)
LIME GREEN = very over bought +85
Cyan = overbought +65

Yellow = oversold -40
RED = very oversold -15

New parameters in order to enter trade based on PA and volume

cross over technique may be applied after the long / short call using the Gaussin MA
if Long call and gaussin goes over PA you may exit until gaussin is under PA
vice versa

Release Notes: New title
buy sell flags now viable

alerts to be sent to email
custom flags for specific entries and exits determined by the overall trend

video tutorial will be later published after the indicator is finalized

(Less clutter than previous with the removal of the Sheavy and Gaussin Line)

STANDARD Settings/Variables
Sheavy av = 30
Sheavy Length = 14
and is to be used for a SWING TRADE/DAY TRADE STRATEGY

Scalping Parameters must be adjusted to
Sheavy Av = 4
Sheavy Length = 2

版本注释

New parameters in order to enter trade based on PA and volume

cross over technique may be applied after the long / short call using the Gaussin MA
if Long call and gaussin goes over PA you may exit until gaussin is under PA
vice versa

Release Notes: New title
buy sell flags now viable

alerts to be sent to email
custom flags for specific entries and exits determined by the overall trend

video tutorial will be later published after the indicator is finalized

(Less clutter than previous with the removal of the Sheavy and Gaussin Line)

STANDARD Settings/Variables
Sheavy av = 30
Sheavy Length = 14
and is to be used for a SWING TRADE/DAY TRADE STRATEGY

Scalping Parameters must be adjusted to
Sheavy Av = 4
Sheavy Length = 2

版本注释

New look
New overhaul
More accuracy

you have an early call or your "warning" both bullishly and bearishly in the forms of a "B" for BUY or BULLISH and "S" for SHORT or BEARISH

then you have the official call which is a label with a bear for the bearish call and bull for the bullish call

NOW one can find success using just the "warning" however this approach would be more of a scalping technique

the variables can be changed from a weighted to a simple
weighted is less choppy or in essence less trades
exponential runs with PA more

almost like an MA but using completely different variables pulled from SHEAVY

SHEAVY is the line that flips color

STRATEGY:
1: MUST BE USED WITH SATOSHI RSI CROSSOVER TECHNIQUE , USING the OFFICIAL calls ONLY, look to enter short or long on the cross over of the 21 SMA on SATOSHI RSI while SHEAVY XV gives you the appropriate bull or bear call .

Exit when you have SHEAVY flip to be safe or when the official call + Satoshi RSI crossover to try and milk as much as the trend as posible

#2: USING JUST SHEAVY and SATOSHI RSI 5EMA crosover you do the same thing as above but only using the "S" and "B" as your call from SHEAVY XV

exit when SHEAVY or SATOSHI RSI crosses to be safe or to long in more gains wait for the entire crossover

@saothiiheavy

Technical analyst for cryptocurrentlyvip.com

版本注释

fixed the flags :)

版本注释

Flags now moved :)

版本注释

Added cloud for better trade ideas
Cloud should be used and seen as overall momentum

changes color based on up trend or down

If cloud is Red and sheavy gives you a BUY based on the SXV criteria you do not LONG due to cloud showing continued down trend

vice versa for shorting

NEVER SHORT INTO AN UP TREND
NEVER LONG INTO A DOWN TREND

simple

the cloud gives you a visualisation

REMEMBER TO Follow the rules

in order to enter a trade LONG or SHORT 4 criteria must be met

1. SHEAVY signal (B/S)
2. BEAR / BULL Flag (Emojicons)
3. URSI Crossover / Crossunder
4. Candle Color change BULLISH or BEARISH depending on previous criteria

LONG WHEN you get 1-3 in no specific order. Then 2-3 consecutive WHITE candles or just ONE CYAN/BLUE candle

SHORT WHEN you get 1-3 criteria met in no specific order. THEN 2-3 pink candles in consecutive order OR just ONE RED

To find your stop use ATR of current TF x 1.5 then -/+ depending on position of current price
identify 2-5% of portfolio and make sure taking the LOSS wont erase more than your RISK amaount aka 2-5%

@satoshiiheavy
Technical Analyst for cryptocurrentlyvip.com

版本注释

THE TIME HAS FINALLY ARRIVED AND I THANK YOU ALL FOR YOUR PATIENCE

a lot of time and data crunching have been involved into the development into SHEAVY XV

new algos and easier to read long short calls

no longer will you need to pay attention to all the data provided by SHEAVY XV to determine the trade now all that data is collected and calculated by the use of the script we coded and therefor leaves no room for human error via visual appearance etc.

Happy to introduce SHEAVY XV as both a stand alone indicator OR as a BOT with use of our Alert System to trigger orders (learn more about automated bot trading click the link below)

you can follow SHEAVY XV by watching the L/S at the top for long and short entries

The Stop signs also at the top of the chart indicate a running stop that has been triggered.
We included a trailing stop to reduce losses in events of extreme volatility .
⛔ Short stops are white lined
🛑 Long stops are solid

Stops are also EXITS

No conditional CLOSES for takes as of yet as we have not found one that does not mess with the functionality of SHEAVY XV (we will continue our search)

All visuals were removed from Sheavy except RSI candles .

-SatoshiHeavy
Market analyst for CCV Trading

https://www.cryptocurrentlyvip.com

版本注释

Changed overlay errors!

版本注释

New settings/variables for better results :)

This is a spin off from the Sheavy S Strategy since we are unable to set alerts on strategy calls we had to convert Sheavy S Strat to a study

If you can sit around and monitor trades i recommend Sheavy S Strategy as it gives you buy and sell calls

but if you need to be able to set alerts to fire off to you since you cant monitor the charts then Sheavy XV is the one to use.

Sheavy XV is about 62% strike rate with Sheavy S at 82%

Gain access by visiting my website below!

https://www.cryptocurrentlyvip.com/

版本注释

better settings for better results :)

版本注释

NEW ALGO BASED ON THE ORIGINAL

Now algo has 2 new triggers

One momentum based YOU adjust , so if you are on the m30 chart and want to trade the H4 chart momentum you can do this with Sheavy XV

I have an adjusted momentum setting users get to decide they want to trade on :)

not meant for any time frame above the D1

Was intended for day trading/ intraday charts