The Dynamic Volume Oscillator uses a combination of volume and momentum to nail whenever a reversal is likely to happen. I've also included divergences (both regular and hidden) that you can toggle on/off and adjust the settings to fit your trading style.
Colors - The green wave indicates an uptrend while the purple wave indicates a downtrend.
Overbought/Oversold - Green backgrounds indicate the DVO is oversold and a reversal to the upside is likely to happen within the next few candles. Red backgrounds indicate the DVO is overbought and a reversal to the downside is likely to happen within the next few candles. You can adjust the levels to trigger when the signal flashes. Experiment with different timeframes/altcoins to see which settings work best. Some coins are more volatile than others and lower timeframes tend to reach higher levels vs higher timeframes.
Divergences - The settings of 1 and 3 for the lookbacks are so the divergence signal appears only 1 candle before the actual divergence happens (on the replay tool) vs 4-5 candles from other indicators. This means your entry on a divergence signal is 2 candles after it prints (for backtesting purposes).
Alerts - I also added alerts for Overbought, Oversold, Regular and Hidden Bearish/Bullish Divergences.
Let me know if you have any questions! Enjoy :)
發布通知
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Updated the default signal length from 5 to 3 for better overbought/oversold accuracy.
@alanpbg23, Hey! Just send us a DM on here or any of the social media links we have attached and we'll be happy to coordinate for access :)
ramesh5126
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Hi...How to get the access to your indicator? Is it onetime or monthly payment? Do you have any back test results?
CryptoScripts
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@ramesh5126, Hey! So right now it's a one time payment for lifetime access. In the future it'll be monthly payments so get the lifetime while you can :) I currently don't have backtest results since it's more of a mean reversion indicator vs a trend indicator, therefore it's best to take profits along the way vs signal to signal. If you're interesting in purchasing, send me a DM!
serkan48_16
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Why is it not free, if you want to do good, do good to people and you will get rewards
CryptoScripts
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@serkan48_16, I will come out with free indicators over the next few months. I make my premium indicators paid because they provide an edge for traders :)