Ethereum OnChain Data Indicator - The Quant ScienceEthereum On Chain Data Indicator - The Quant Science™ is a quantitative indicator created for mid-long term analysis.
The indicator uses quantitative statistics to recreate a model that represents the most important data from the on-chain analysis for the Ethereum blockchain.
The on-chain data used to create this model are:
1. Total weekly transactions
2. Total monthly transactions
3. Frequency of transactions per second on a daily scale
4. Frequency of transactions per second on a weekly scale
5. Amount of Ethereum burned on a daily scale
6. Amount of Ethereum burned on a weekly scale
7. Volume of short positions on a daily scale
8. Volume of short positions on a weekly scale
9. Volume of short positions more/less than average on a daily scale
10. Volume of short positions more/less than average on a weekly scale
All these data were extrapolated and manipulated using the mean and standard deviation.
The end result is a powerful tool that enables mid-long term investors and traders to analyze on-chain data through quantitative analysis.
FEATURES
The blue color area refers to the average change in data on a weekly scale. The light blue colored area indicates the monthly changes in the data. It is interesting to observe the correlation relationship between price and times when short-run data increases compared to long-run data and vice versa.
The more intense purple histograms refer to the standard deviation of the mean change in data on an annual scale. Histograms of less intense purple color refer to the standard deviation of the mean variation of data on a monthly scale. It is interesting to observe the ratio of the standard deviation between two different time periods.
This indicator can be used to perform statistical comparative analysis for manual and mid-long term investments. It can also be used to create auto trading strategies when used and integrated within an algorithm.
On-chain data are updated every 24 hours, so the timeframes to be used for analysis with this indicator are: D, 4H, 1H.
Quantfinance
Strategy Builder Crypto (Single Trend/Plots)Hi everyone
Big program for the daily indicator
This one will be free on trial only for a week because it has an immense value and required quite a lot of work. For more info to use it long-term, please DM me
That out of the way, let's dive right in...
This is a huge upgrade from that script Ultimate-Algorithm-Builder-Single-Trend
The Tradingview non-pro users will appreciate it because it allows to add the selected subsequent indicators as well. The Pro users too will likely like this feature equally, what the H*** I'm saying :)
This indicator will transform you into what I was in the past... into a quant trader. You'll build your own trading algorithm in a few clicks only
Which timeframe and which assets ?
Short answer : ALL and ALL
You'll have to define the configuration of the tool based on your capital, psychology. For custom configuration of the tool, please DM me directly so that we can discuss further
But a few words of advices anyway :
the bigger the timeframe, the lower the inputs (and vice-versa)
Think about how much $$ you want to make per trade and define your entries from there
Think about how much $$ you can afford to lose per trade and define the supertrend from there
...
Your golden configuration might not work for all assets.
You might have to create some tweaks - for instance you found a great config for BTCUSD but it's not working for ETHUSD, then you can create a copy of your BTCUSD chart and set a new config for ETHUSD
What are the indicators inside :
This fantastic tool that I personally use for my trading detects convergence between the following indicators :
Overlay - meaning if the price close above/below a moving average
Trend Signal - to detect if the the DOW law is broken and predict a possible reversal - en.wikipedia.org/wiki/Dow_theory
In other words, it detects if the higher highs or lower lows sequence is broken
MACD or MACD Zero Lag
MA Cross - Cross of moving averages
Ichimoku - if the price closes below/above the cloud
Supertrend - used to detect polarity zones
TSI Shadow -
Pullback
You'll also have the possibility to define a pullback on a given MA. That means basically that you'll get a convergence and it will only display a signal when it will pullback first
This will reduce your losses in case of invalidation and maximize your gains as it will enter the trade in a better position.
You can define your pullback either based an absolute value or based on a percent distance from the MA
+Example:
Pullback value = 100 means I want a 100 pip/USD distance between the MA pullback and the candle
Pullback percent = 2 means I want a 2% distance between the MA pullback and the candle
The percent option is more generic in my opinion but I let the other available for those who might like it
That's it ?
Almost....You can also setup alerts on the indicator signals so that you won't have to stay days in front of the chart to wait for a signal.
You receive the alert, you check real quick if we're not in front of a support/resistance, if no then take the trade. if yes, I advice waiting for a big pullback - better to be safe than sorry in trading
What If you want a custom version ?
Here are a few custom ideas I could add just for you :
re-enter everytime there is a convergence. So far the indicator is only taking the first convergence. This would give more entries
add the resistances/supports (fibo, pivot)
add the take profit targets and trailing stop loss
..
Please hit me up directly so we can discuss further. Any custom dev will require quite some time so it won't be free
Enjoy that one as I really think it will improve your analyst skills and trading and hopefully make you a few gains (which will make me very happy as I want to help most of you to at least not losing your capital)
Dave
