Vision is an advanced momentum oscillator that visualizes momentum strength with overbought and oversold readings.
Features
Momentum Waves
Divergence Detection (regular and hidden divergences)
Detection for momentum shifts (detects higher lows/lower highs on the oscillator)
Detection for momentum stagnation
Moneyflow
Most important: Our Custom Strategy Builder
Custom Strategy Builder The custom strategy builder is a framework that allows you to easily create custom strategies.
1. Configure long/short conditions Pre-defined conditions for custom timeframes, under which you're looking to potentially enter a trade.
2. Configure trigger Select a trigger (e.g. "Wave Cross" or "Wave Lower High") to generate labels/alerts for potential entries, whenever long/short conditions are met.
3. Configure Take Profit Conditions Potential Take Profits are triggered by momentum stagnation.
4. Backtest your strategy By using our open-source backtester script (published on our profile).
5. Trade responsibly Manually review each signal/alert before taking any actions.
Note: The "Strategy Backtest" input section can also help you develop your strategy.
Usage You can use this indicator to follow the trend, detect momentum shifts or memorize patterns. Take a systematic approach by using our strategy builder.
Access to this indicator can be obtained through our website.
Informacje o Wersji
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Reworked inputs -reduced complexity of strategy builder -reworked strategy builder
Informacje o Wersji
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Fixed an input issue that would stop you from adding Vision to your chart