This Lazybear inspired indicator is a complex and deeply customisable wave based oscillator that allows for full customisation of parameters and 3 toggleable strategies to allow the user to shape their trading methods to their preferences. The indicator was built for use with Autoview using all functionality or in conjunction with Profit Trailer 2.0 to handle the buying side of logic at an even more advanced level. The creation of this was fuelled by the need to create a cheaper alternative to those that charge monthly for similar signals, which I am deeply against.
Features
Wave Based Buying - those familiar with buying based with RSI based approaches will feel very comfortable with this signal as it detects areas of deeply oversold / overbought and buys on the reversal
Fully customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market
3 Built In Signal Strategies - Clearly labelled in the parameters as A/B/C are the built in strategies that all have completely unique buying / selling logic and are based on different risk / reward levels. Include all 3 or focus on one or two to build your perfect strategy
Downtrend Detection - This indicator has an in-built downtrend detection that is modifiable in the parameters meaning no more deep bags - the strategies will always try to buy on the uptrend.
Access
48H Trial Period By Request
Full Access is 0.15 ETH, one time fee for full unlimited access to the indicator and future updates but also my well received support and mentoring on my work afterwards to help you built a perfect strategy.
Previous owners of my work get 50% off the price for being one of my supporters.
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Version 1.1
Minor Release:
Bug with the alerts triggering incorrectly due to a minor variable misplacement has been fixed and ready for use now.
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Improvement Update
Made it easier to select alerts that encompass all your settings, Select Buy Arrow / Sell Arrow and then in the conditions: BUY or SELL
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Version 1.2
New Features
Restricting Signal Repeats: Limit triggers to one bar per 'event' is here imported as a popular feature from my other indicators.
Improvements
Each sell and buy strategy are now independent: Before you had to select both the sells and buys of each strategy, now you can independant select for example, A: Buys & C: Sells & B: Buys
Logic Improvement for Strategy B Buys: Some logic improvements under the hood to improve the consistency of the buys of strategy B
Toggle downtrend detection: Before downtrend detection was mandatory, limiting buys for safety. This can now be toggled off for increased trading frequency
In development
Further improvements to the conditional logic behind strategies that I have in mind
Accompanying strategy indicator to determine how your strategy will perform using historical data
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Feature Update
RSI Timeframe Signal Restriction: This logic that I programmed for my margin trading script has been ported over! It is fundamentally an RSI based trigger that you can set a custom time-frame for, it will restrict your signals based on OS/OB conditions too, eg. you won't create longs if the ticker is very overbought on the 1D time frame - extremely useful for optimising trades even further
MACD has been added to the indicator to allow even more flexibility within this indicator often making very high quality trades when dialed in correctly. As with all settings the MACD parameters are fully customisable so you are not limited by a set strategy.
Interesting in using this indicator?
Check out tradespot.community where you will find access details, other tools and a whole community of traders.