INVITE-ONLY SCRIPT
ClearVision_1.0
First and foremost, huge credit must be given to Flibbr for creating the Rational Flibbr Indicator, which presents itself as the foundation for this indicator.
This indicator adds to the Rational Flibbr Indicator with the inclusion of Wave Trend, via LazyBear.
In this, we allow for Bullish/Bearish signals (transparent columns on the Daily Left).
Important thing pointed out on the daily is the ability to predict market tops. Each "Red Cross of Death" led to the infamous 10, 20, 30, and even 40% corrections BTC -4.47% has exhibited for quite some time.
Important thing pointed out on the 4HR is the ability to assess market bottoms, especially when standard indicators can remain oversold for quite some time (and the same could be said for top conditions and being overbought). Here, I bring focus to the green oversold highlight crosses between Willy's%R and its EMA , as well as the Wave Trend "Green Holy Cross". In conjunction, these two indicators on the 4HR have historically been extremely accurate for signaling market bottoms after significant corrections.
This indicator also works extremely well on the short time frames. However, with short time frames it is important to have both signals in order to take action, meaning market tops should only be considered if there is a red cross of death + cross down from overbought conditions on the Willys%R and EMA . In contrast, for intra-day dips, one should look for a green holy cross + oversold conditions on the Willys%R and EMA crossover.
This indicator adds to the Rational Flibbr Indicator with the inclusion of Wave Trend, via LazyBear.
In this, we allow for Bullish/Bearish signals (transparent columns on the Daily Left).
Important thing pointed out on the daily is the ability to predict market tops. Each "Red Cross of Death" led to the infamous 10, 20, 30, and even 40% corrections BTC -4.47% has exhibited for quite some time.
Important thing pointed out on the 4HR is the ability to assess market bottoms, especially when standard indicators can remain oversold for quite some time (and the same could be said for top conditions and being overbought). Here, I bring focus to the green oversold highlight crosses between Willy's%R and its EMA , as well as the Wave Trend "Green Holy Cross". In conjunction, these two indicators on the 4HR have historically been extremely accurate for signaling market bottoms after significant corrections.
This indicator also works extremely well on the short time frames. However, with short time frames it is important to have both signals in order to take action, meaning market tops should only be considered if there is a red cross of death + cross down from overbought conditions on the Willys%R and EMA . In contrast, for intra-day dips, one should look for a green holy cross + oversold conditions on the Willys%R and EMA crossover.
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