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) -------------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------------- 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
發行說明
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
發行說明
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
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%
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 .