PREMIUM INDICATORS

All of the following indicators are part of the premium memberships. Visit the Tradingview page for examples.

PUMP FINDER V2

As some of you guys might know, I’m also running a second free telegram channel with pump alerts. That channel is based on this indicator, Pump Finder V2. On my Tradingview, I’ve also got a V1 pump finder indicator which you can try for free. The idea is similar, but V2 is the updated version and is, therefore, better in many ways.

 

The Pump Finder V2 indicator is very strong in finding crypto pumps. As you can see on the chart, cryptos often start a new strong bull run with a massive pump of the price, see below for examples. This pump finder script is very strong in finding those specific pumps. This indicator is best used with trend confirming indicators, my Clean Market indicator for example. This indicator can also be used naked with proper risk management. Be aware that this indicator is at its best in bull markets. The best time frames to use this indicator are between M15 and H4.

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​PUMP FINDER ALERT CHANNEL

CLEAN MARKET INDICATOR

I built this indicator to give a clear indication for when to look for long or short opportunities. It’s a very powerful indicator on both small- and large-time frames. So, whether you’re day-trading or trading a few times a week, this indicator will help you to improve your trading abilities. Since I’m a fond believer of the idea that a picture will tell a thousand words, please check out the pictures below.

 

Green = Bullish trend

Red = Bearish trend

Orange = Potential trend reversal

Black = No Signal

 

How to trade: in strong trending markets you could wait till the background changes into your desired colour and trade that direction once it does. Another way to trade is to look for long opportunities in a certain market when the larger time frame’s background is green, since the trend is bullish and you don’t want to trade against the trend. In the end, countless possibilities to use this indicator to make yourself better at finding profitable opportunities.

Take a look at the pictures below where I show some different assets and timeframes with the Clean Market Indicator.

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Relative Performance Indicator

RELATIVE PERFORMANCE INDICATOR

Ever since I started with trading, I was interested in the relative performance over a given period of a certain crypto against Bitcoin. This is particularly useful for finding potential winners in trending markets. In bullish markets you want to look for crypto’s that are underperforming against BTC, with the hope that at some point in the near future they will overtake BTC’s growth and see exponential returns. 

 

This indicator should not be used on a timeframe lower than 1 hour, else the amount of noise could be distorting your trades. With the standard settings this indicator compares your currently selected asset and compares it against Bitcoin’s performance over a given period.

 

How to trade: I use this indicator to find crypto’s which could see strong returns in the near future because they are lagging behind (blue area < zero) BTC, and therefore have more ground to make up for. The first pic is a trade which I recently shared on Tradingview using this indicator. ALPHA's returns were weakening compared to Bitcoin’s and was therefore a decent buying opportunity. Also, this indicator is great to find potential tops (or bottoms). When the blue area starts peaking and reversing, it would be a good moment to exit your trade.

 

It’s not recommended to use this indicator “naked”.  Use it to find potential undervalued (or overvalued) assets and adjust your trading plan accordingly. 

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FIERYTREND INDICATOR

I created this indicator because it can be quite difficult sometimes to find the direction of the market, which supports and resistances are important, where to place targets, etc. This indicator is excellent for traders which trade on reversals and breakouts from resistances and supports.

 

The indicator tries to make it clear which areas are of importance and which are not. To find the market structure, all you have to do is to connect the dots by drawing a line between them.

 

By connecting the dots, it becomes clearer where important resistances and support areas are located. By making this information easier to digest you can place your entries, targets and stops easier and faster, becoming a better trader in the process. With connecting the dots, it might be the case that they won’t line up perfectly, which is fine. It’s all about the bigger picture.

 

The best time frames for this indicator are M15, H1 and H4. You can fiddle around with the Length input to get different results; I’ve found that the base input works the best for the aforementioned time frames.

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