Market God v6 Product Description
Advance and Improve your understanding of price movement using the Market God v6 Trading Study (accessed via tradingview.com)
* Set alerts to be delivered via email or SMS (See TradingView.com for limitations that may apply, based on your Tradingview account type)
* Quickly identify market trends with visual buy/sell alerts on chart
* Access charts on-the-go via Tradingview mobile app
* Apply study to any symbol within the entire Tradingview library
* Use on any timeframe available to you on Tradingview
Through use of tradingview.com’s advanced Pine Script programming language, I have spent thousands of hours to find the rights combination that has resulted in the indicator study you see today. That said, it is imperative to understand that this study is not a guarantee profit & should be far from the only reason you enter a trade. It is highly recommended that you backtest, or paper trade before using this study, as it is intended to be a tool, and not the end-all-be-all.
When starting, my goal was clear: to create a study that could suggest consistent, reliable, and accurate trades, at a rate of success that was either equal to, or better than if I were doing it myself. Ideally, I figured that if I could take my own personal buy/sell criteria, standardize it, and create an system that informed me once my own criteria was met, it would allow me to succeed on a more consistent basis, and allow me to focus on other projects.
But lets pull it back to way before this indicator was even on the map – to the middle of 2018, specifically the middle of crypto-winter. Like many, I started by doing something I believe every trader or investor should do: writing down the exact criteria that I would ultimately require that I hold myself, in order to enter or exit a position. I then demanded that I abide by that criteria when making any decision in trading. This was relatively easy, and also forced me to really understand where I went wrong, each time I would losing trade.
While establishing the trade plan, I ran through every study/indicator I used personally already, and utilized online resources to understand what made those indicators give the readings they do, and the various ways price movement and can be used to calculate trends.
By taking the wealth of knowledge available online, we have successfully created a study that applies these methods of TA, and standardizes a system of trading that was successfully established in the bear market.
We apologize for the # of updates published over the last few days, as its been a hectic yet successful first week.
This version includes the ORIGINAL 5.3 script + the ORGINIAL v6 BETA script, which we had deviated from by mistake.
The default version is the v6 release. To switch to the 5.3, click into the settings and change the settings as such.
We will be releasing a discord group, more knowldge center material, and updating everything in the near future.
Updates are required, but annoying when frequent. We will be doing them less frequently now, to keep our users on the same page.
You can now add our most recent version, v6.0.1 to your charts for use. The accompanying strategy will also be shared here shortly. We will manually need to add everyone to the backtesting strategy, and we appreciate your patience while rolled out.
The update is released and we hope a few of these changes are noticeable right off the bat. There were bugs in the prior script and that should be more than eliminated now. The alerts have been specified on, as there was confusion as to which 'buy alert' went with each pairing on a list etc. v6.
The alerts were becoming pestering so we took the initiative to build out the alert prompt with trading view directly. This fortunately will now remove the backpainting issue we had prior, which were a direct result of the input sources we were using to pull the data, which by definition as historical data, was backpainting. With the issue resolved however, we look forward to moving on and into newr developments for the app.
Next change: The candle alerts will now print on your current candle, and stay open, eliminating the flashing of the alerts. While still in realtime.
Taking a moment to pause, acknowledge & update many who have taken the time and consideration of sharing their thoughts on the tool with me since we rolled out v6 at the beginning of the Month.
After spending the majority of the day yesterday handling the overwhelming amount of feedback regarding the 6.0.1 update, several things have been brought to my attention, and I’d like to address them here. Below, I’ll be discussing my thoughts on
1. Current Indicator Performance & what will be changing one last time before the focus changes to being content driven, rather than frequent updates.
2. Future indicator plans & overall direction of what I aim to drive towards.
First, let me start by thanking each and every user for your continued faith and understanding that this tool will continue to improve. I couldn’t have asked for a more successful launch, and did not expect for the user base to grow as it has. In-fact, its almost too much for the goals I have in place as of now, and what I want this to be in the end.
That said -
Tonight at midnight, I plan on halting new user registration until I can confidently say that the infrastructure for this operation is in place to handle the rate of growth that we’ve seen.
It's my goal and priority to make MarketGod as great as it can be, and continue improving it for all, and the people who are already registered deserve the improvements I plan on making, this being the fastest way to do so.
My opinion, is that the clear elephant in the room is this recent update.
* If you’re thinking this new update is garbage on a functional level, know that you aren’t alone. I agree, it is garbage, and I understand completely.
* If you’re sick of the updates, the frequent number changes, inconsistent material on the indicator & other small details, I also completely agree. It’s not fair to anyone & there needs to be a better system in place for communication and execution.
The Name: ‘MGv_’ vs ‘MGv_’ vs ‘MGPRO ‘ vs whatever else its been listed as:
Moving forward, all versions of the MarketGod *Indicator* (not strategy), will be known as 'MarketGodPro’ & here’s why:
1. Within MarketGodPro, you will see the various settings, which will include past and future indicator versions. See the posted screenshot below of the update you will be receiving later tonight, which is below as reference. The reasoning for this, is that every single one of you have a preference on which is the most effective, and that can’t be up to me to decide when and how it changes.
Tonight, I will update the script for the last time until I fix its problems and add the features I plan on adding.
The indicator we will be updating to, will consist of the most requested and successful versions thus far — v5.3, v6(from the successful beta) and the ichimoku trader indicator (posted on my Tradingview page back in February).
Once updated - Here are my priorities for the coming week,
Website consolidation: My domains are a mess.
.trade, .info, .io
(As of now, .io will be the primary)
Content Content Content. Tutorials. Strategies & More. I want there to be so much content, you can’t even get through it all.
Indicator Functionality and improvement
While I take the time to get all this done, I will not be active in discord, responsive to majority of DMs, and apologize if I miss anything from any of you, as my focus is getting this done right. I will check emails once or twice a day, so please send any absolutely critical questions/concerns to email@example.com.
I want this to be 10x what it is as of now and I appreciate you for your time in reading this update
If you were a fan of a past script, IE 5.1,5.2, 5.3 or 6(beta), this will be a good update, as it returns to the basics, stripping away many of the additions we had rolled out, which had essentially made the alerts and timing a bit more delayed than intended. Please take the following notes on this new update:
The candles will say 'MGBUY' and 'MGSELL'. This is not for debate any longer and will not be adjusted in future versions.
The noise may be back, but the overall signal is more accurate than the previous version. It is highly recommended to use heikin ashi candles for the best results, although the normal candles will work just fine.
In the event you liked one of the scripts included in our last update, this is the only version from now on.
*WHEN SETTING ALERTS*
You need to align the buy criteria with the buy notes. There will be a tutorial on marketgod.io in the next 24hrs that shows what we mean, however, it is VERY straight forward.
You also need to check the 'Once per bar close' alert when setting, as this update WILL MAKE EVERYTHING PRINT IN REAL TIME.
What does this mean? Apparently, it wasn't clear in the past that 'real-time' meant that the alert can BOTH PRINT AND UNPRINT in the same period. That said, we had adjusted to print in the most recent version during the actual candle close, which then was taken as a form of back painting by the same people who couldn't figure out the definition of real-time
All things considered, you need to understand your trading style when using this tool - Buy and sell will disappear if you only look at the alert when it goes off or paints. SO WAIT FOR CONFIRMATION.
I will repeat this again since some were missing the fallacy.
**THIS UPDATE REMOVES THE BACK PAINTING ALERT FROM TRADINGVIEW WHEN YOU SET ALERTS**
What does that mean? **ITS IN REAL TIME** So DO NOT be confused if an 'MGBUY' or an 'MGSELL' paint on a chart and then disappear. WAIT FOR CONFIRMATION.
Please remember - Only you are responsible for what you choose to do with your investments. This tool is a tool, not a decision maker.
--Website will reopen for registration shortly. There were challenges with backend as we
This version is one of our favorites yet, and clears the noise while also reintroducing included indicator visuals. To add to your chart, refresh your browser, and re-add the indicator. The alerts are still real time, meaning if you see the painted signal flickering while in that period, we are either in chop/equilibrium, or teetering on the edge of a trend direction. Use your judgement in these scenarios on how to play.
the best / most effective timeframes as of now is 1m, 5, 15, 30, 1h, 4h, 6h, 12h, 1d, 3d, 1w, 2w and 1M. The higher frames tend to be consistently more accurate and offer the least noise / trend clarity. Alt/BTC pairs seem to be accurate, but each has its quirks to make it hit or miss. BTCUSD appears to have highest success rate, or any USD pairing for that matter. SPX and indicies look accurate as well.
We will be updating the strategy to be in full alignment, sometime in next 12 hours.