OPEN-SOURCE SCRIPT
Updated Godmode 3.1.4 - SNOW_CITY SCALPER EDITION - 7/2017
Updates to xSilas Godmode Oscillator published December 19th, 2014
Thanks to LEGION, LAZYBEAR, Ni6HTH4wK, xSilas
Updates:
Changed default sources to include BITSTAMP and REMOVED BTC-e
Changed default lengths for SCALPING SUPREMACY - See Instructions
Changed "Caution dots" to RED because YELLOW was hard to see.
I mostly Ignore the oscillators and only use the caution dots with this configuration:
MOST EFFECTIVE USE:
BTCUSDBTCUSD
- Use on 1m charts of your BITMEX swap, yes 1m. I know, but it works better this way. 5m and 15m work best when using on an exchange index.
- IF overall 2H trend is DOWN, the 1m godmode on swap CAUTION DOTS appear on the UPPER BOUNDS means good SHORT entry points, and the lower dots suggest a possible reversal and good exit opportunity (not always)
- If overall 2H trend is UP, the 1m godmode on swap CAUTION DOTS appear on the LOWER BOUNDS means good LONG entry points, and upper dots suggest possible oversold if they start to round over, again not always.
This is ultra simple, and very effective.
Default settings for VERY sensitive CAUTION DOT blop: 17,6,4
Use these settings for a slightly less sensitive CAUTION DOT blop: 14,12,9
Thanks to LEGION, LAZYBEAR, Ni6HTH4wK, xSilas
Updates:
Changed default sources to include BITSTAMP and REMOVED BTC-e
Changed default lengths for SCALPING SUPREMACY - See Instructions
Changed "Caution dots" to RED because YELLOW was hard to see.
I mostly Ignore the oscillators and only use the caution dots with this configuration:
MOST EFFECTIVE USE:
BTCUSDBTCUSD- Use on 1m charts of your BITMEX swap, yes 1m. I know, but it works better this way. 5m and 15m work best when using on an exchange index.
- IF overall 2H trend is DOWN, the 1m godmode on swap CAUTION DOTS appear on the UPPER BOUNDS means good SHORT entry points, and the lower dots suggest a possible reversal and good exit opportunity (not always)
- If overall 2H trend is UP, the 1m godmode on swap CAUTION DOTS appear on the LOWER BOUNDS means good LONG entry points, and upper dots suggest possible oversold if they start to round over, again not always.
This is ultra simple, and very effective.
Default settings for VERY sensitive CAUTION DOT blop: 17,6,4
Use these settings for a slightly less sensitive CAUTION DOT blop: 14,12,9
Release Notes
Updated exchangesOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.