The CryptoPlayground Framework
The CryptoPlayground Framework & Built-in Strategy Analysis
CryptoPlayground’s Framework provides the community an “executive assistant” that teaches traders how to trade The CryptoPlayground Framework ‘LIVE’. Producing a structured approach with a built in Strategy where traders to learn the method as the trade pans out.
Cryptoplayground’s Framework pays close attentions to fundamental as well as technical analysis . In this publication we will be breaking down the simplicity of what makes the framework “tick”.
Traders take notice how the price moves between the double blue sets of lines marked #cpf, these are some of the most important aspects of the CryptoPlayground Framework. Let’s jump in and explain.. The built-in Fibonacci Retraction add+ tool is the method we use to frame up our technical analysis . Helping CryptoPlayground traders define support and resistance levels of extreme relevance and more importantly defining #cpf Optimal Trade Entries. Traders trading from these blue lines produce high probability low risk trade ideas and opportunities.
How it’s done: Drawn using (plot) the high and low of a particular time-frame (depicted by your chart settings, or set using custom time settings in the indicator settings itself). These high and low points have many names and can be defined in many ways. as basic as it comes these are knows as pivot points . Using these points, Cryptoplayground Framework draws levels respecting Fibonacci ratios. Reminder that CryptoPlayground is a framework to structure trades, these levels are supposed to change. Using a time series to do so allows traders to define their style of trading, whether intra, daily or swing.
When the CryptoPlayground Framework is “about to change” we call this a liquidity event and most commonly in crypto it’s some sort of purge in the direction that traders are willing to buy up to or sell to.
🤖 Technicals in the code:
// Fibonacci Retraction
Length(x)
Source( close)
Out = fib retract
High(close, x)
Low(close, x)
plot(…
Plotshape (fib = high - low within time series multiples by ratio)
Alert condition(
crossunder(close, x)…. ; candle close below x indicating our liquidity event)
Plot ( purge
Plotshape (purge
CryptoPlayground Framework traders have the added improvement of RSI add+ , as a further confirmation, defining whether bulls are in control, bears are in control or when defining overbought or oversold thresholds. Represented by the larger blue and grey dotted channel, traders are able to use this visual tool and add it to their analysis.
🤖 Technicals in the code:
//RSI+
Based on in-build RSI , where RSI is (rsiSource, rsilength)
RSI = close
Legth = x
Condition = x
Condition = x
plot ( plot as size 2 dotted lines on the chart )
CryptoPlaygound “Helper Tool” is an Exponential Moving Average function to determine bullish and bearish conditions, we are able to remain emotionless through the trade. As well as, when to book profit and the sign of a possible reversal. Backtested for optimal crypto conditions, the degree of weighted decrease provides observations faster for a volatile market. CryptoFramework makes these calculations available on all time frames or customisable for the style of trader. CryptoPlayground used a time settings (constant) that makes traders pay themselves first.
🤖 Technicals in the code:
// bullish . bearish
Length = ( x )
Source( close )
Out = ( ema )
High ( close, x )
Low ( close, x )
Last = ( high , x )
Last = ( low , x )
Bearish = cross ( close , x )
Bullish = cross ( close , x )
Plotshape ( bullish , style
Plotshape ( bearish , style
// Long.short exit
Ema = x
SMA = x
EMA ( close, x )
SMA ( close , x )
RSI (close , x )
Using the CryptoPlayground Framework, the description below will describe, How to trade a “Fake Out - Purge Event“, also known as “Purge and Revert”
Set alert: Purge Event (This way you will get notified, this type of trade can be ruined with emotions and therefor it is best traded with structure) Purge Events indicate one of 3 things, a breakout/liquidity run or raid, a reach for liquidity or a possible fake-out. Purge Events are represented by the label “Purge”.
In this example, CryptoPlayground Framework has structured a trade example during a “Fakeout - Purge Event” to the sell side. Further visual description provided.
On chart elaboration and description on how to trade
1. Set Alert Condition - Liquidity Purge Alert
(using TradingView alert settings)
2. Set entry at #cpf Entry 1 :
This is a level 2 entry.
Scaling down chart time-frame will create a further "Optimal Trade Entry ".
3. Pay yourself, book profit, move your stop loss up or to break even.
The trade is now risk free and you’ve made a successful trade.
The rest is just added bonus.
4. Opportunity to consider re-enter, add partials previously taken signified by bullish Label and Rejection of Fibonacci ratios.
5. Trade is complete, you paid yourself, lowered risk, added more into a trade and entered hopefully using a limit order :)
Blue horizontal lines marked #cpf are your long and short optimal trade entry location, where trading from these regions carry less risk. These blue lines are what the Cryptoplayground Framework refers to as Optimal Trade Entries.
In the opposition's corner we have a mirrored x2 blue horizontal lines marked #cpf these are your targets. Traders are made aware of a "liquidity Event" at these levels when bulls or bears are in control.
White "time to book profit" labels are there to remind traders to pay themselves first. Having Entered from #cpf a CryptoPlayground Trader would at this point take profit and move stop loss into profit or break even. Using this method further reduces downside and removes the risk from your original entry position. Leaving the CryptoPlayground Framework Trader with a "Risk Free Trade".
White "exit trade" indicates extreme limits of oversold and overbought conditions where it is likely that a reversal will take place as buyers or sellers increase in the respected direction.
Grey horizontal dotted lines indicate levels at which price action is likely to respect. In that regard, price action will make moves from these levels and to these levels.
If you have any questions please reach out, the script is invite-only.
If you wish to have access please reach out.
Hope you enjoy, please comment or message! 🙏
CryptoPlayground’s Framework provides the community an “executive assistant” that teaches traders how to trade The CryptoPlayground Framework ‘LIVE’. Producing a structured approach with a built in Strategy where traders to learn the method as the trade pans out.
Cryptoplayground’s Framework pays close attentions to fundamental as well as technical analysis . In this publication we will be breaking down the simplicity of what makes the framework “tick”.
Traders take notice how the price moves between the double blue sets of lines marked #cpf, these are some of the most important aspects of the CryptoPlayground Framework. Let’s jump in and explain.. The built-in Fibonacci Retraction add+ tool is the method we use to frame up our technical analysis . Helping CryptoPlayground traders define support and resistance levels of extreme relevance and more importantly defining #cpf Optimal Trade Entries. Traders trading from these blue lines produce high probability low risk trade ideas and opportunities.
How it’s done: Drawn using (plot) the high and low of a particular time-frame (depicted by your chart settings, or set using custom time settings in the indicator settings itself). These high and low points have many names and can be defined in many ways. as basic as it comes these are knows as pivot points . Using these points, Cryptoplayground Framework draws levels respecting Fibonacci ratios. Reminder that CryptoPlayground is a framework to structure trades, these levels are supposed to change. Using a time series to do so allows traders to define their style of trading, whether intra, daily or swing.
When the CryptoPlayground Framework is “about to change” we call this a liquidity event and most commonly in crypto it’s some sort of purge in the direction that traders are willing to buy up to or sell to.
🤖 Technicals in the code:
// Fibonacci Retraction
Length(x)
Source( close)
Out = fib retract
High(close, x)
Low(close, x)
plot(…
Plotshape (fib = high - low within time series multiples by ratio)
Alert condition(
crossunder(close, x)…. ; candle close below x indicating our liquidity event)
Plot ( purge
Plotshape (purge
CryptoPlayground Framework traders have the added improvement of RSI add+ , as a further confirmation, defining whether bulls are in control, bears are in control or when defining overbought or oversold thresholds. Represented by the larger blue and grey dotted channel, traders are able to use this visual tool and add it to their analysis.
🤖 Technicals in the code:
//RSI+
Based on in-build RSI , where RSI is (rsiSource, rsilength)
RSI = close
Legth = x
Condition = x
Condition = x
plot ( plot as size 2 dotted lines on the chart )
CryptoPlaygound “Helper Tool” is an Exponential Moving Average function to determine bullish and bearish conditions, we are able to remain emotionless through the trade. As well as, when to book profit and the sign of a possible reversal. Backtested for optimal crypto conditions, the degree of weighted decrease provides observations faster for a volatile market. CryptoFramework makes these calculations available on all time frames or customisable for the style of trader. CryptoPlayground used a time settings (constant) that makes traders pay themselves first.
🤖 Technicals in the code:
// bullish . bearish
Length = ( x )
Source( close )
Out = ( ema )
High ( close, x )
Low ( close, x )
Last = ( high , x )
Last = ( low , x )
Bearish = cross ( close , x )
Bullish = cross ( close , x )
Plotshape ( bullish , style
Plotshape ( bearish , style
// Long.short exit
Ema = x
SMA = x
EMA ( close, x )
SMA ( close , x )
RSI (close , x )
Using the CryptoPlayground Framework, the description below will describe, How to trade a “Fake Out - Purge Event“, also known as “Purge and Revert”
Set alert: Purge Event (This way you will get notified, this type of trade can be ruined with emotions and therefor it is best traded with structure) Purge Events indicate one of 3 things, a breakout/liquidity run or raid, a reach for liquidity or a possible fake-out. Purge Events are represented by the label “Purge”.
In this example, CryptoPlayground Framework has structured a trade example during a “Fakeout - Purge Event” to the sell side. Further visual description provided.
On chart elaboration and description on how to trade
1. Set Alert Condition - Liquidity Purge Alert
(using TradingView alert settings)
2. Set entry at #cpf Entry 1 :
This is a level 2 entry.
Scaling down chart time-frame will create a further "Optimal Trade Entry ".
3. Pay yourself, book profit, move your stop loss up or to break even.
The trade is now risk free and you’ve made a successful trade.
The rest is just added bonus.
4. Opportunity to consider re-enter, add partials previously taken signified by bullish Label and Rejection of Fibonacci ratios.
5. Trade is complete, you paid yourself, lowered risk, added more into a trade and entered hopefully using a limit order :)
Blue horizontal lines marked #cpf are your long and short optimal trade entry location, where trading from these regions carry less risk. These blue lines are what the Cryptoplayground Framework refers to as Optimal Trade Entries.
In the opposition's corner we have a mirrored x2 blue horizontal lines marked #cpf these are your targets. Traders are made aware of a "liquidity Event" at these levels when bulls or bears are in control.
White "time to book profit" labels are there to remind traders to pay themselves first. Having Entered from #cpf a CryptoPlayground Trader would at this point take profit and move stop loss into profit or break even. Using this method further reduces downside and removes the risk from your original entry position. Leaving the CryptoPlayground Framework Trader with a "Risk Free Trade".
White "exit trade" indicates extreme limits of oversold and overbought conditions where it is likely that a reversal will take place as buyers or sellers increase in the respected direction.
Grey horizontal dotted lines indicate levels at which price action is likely to respect. In that regard, price action will make moves from these levels and to these levels.
If you have any questions please reach out, the script is invite-only.
If you wish to have access please reach out.
Hope you enjoy, please comment or message! 🙏