[Joy] Aladdin (1.0.0 Alpha)

1 Ağu 2021

Explanation of the markers in the indicator

* Bearish / Sell sign: On the candle's close, I open a short position
* Bullish sign: On the candle's close, I open a long position
* Red circle: On the candle's close, I take at least 50% unrealized profit into a realized profit of any running long leverage position. I might even convert some portion of the position into stable coins.
* Green circle: On the candle's close, I take at least 50% unrealized profit into a realized profit of any running short leverage position. I might even convert some portion of the position into stable coins.
* Down Arrows: When the down arrow finishes and the candle close, I put a tighter stop loss of any running long leverage position. It sometimes indicates the local top.
* Up Arrows: When the up arrow finishes and the candle close, I put a tighter stop loss of any running short leverage position. It sometimes indicates the local bottom.
* Purple candle: Weakly bullish.
* Green candle: Strongly bullish
* Red candle: Strongly bearish
* Yellow candle: Weakly bearish

FAQ
Q: Does it use some EMA /MA/etc.? Does it use any indicator with tweaked settings?
Answer: No.

Q: What does it mostly depend on?
Answer: Volume and gradual flow of non-interrupted data. The logic depends purely on volume, price bars and the wicks.

Q: Does it work with all coins, stocks, futures, instruments?
Answer: I prefer to use the exchange with the best possible data. Then backtest out to find the best possible timeframe, stop loss and target all derived from this script data.

Q: Can you make it free or make it open source?
Answer: There is no free lunch in this world. I will never reveal or share the source code!

Q: Do you provide ongoing support for the indicator?
Answer: Yes, as long as I can, I will continue updating the indicator

Q: Are the bullish /buy & the bearish /sell markers automatic?
Answer: I have no control over the markers. It is driven purely by logic from the script.

Q: Is this financial advice?
Answer: This is not financial advice. I do not guarantee any profit or loss. I am not responsible for any of your losses or profits. My indicators do not assure profit or loss. It also does not auto-open or auto-close a trade.

Note:
The Aladdin has been derived from the Super Algorithm Indicator. I have depreciated the Super Algorithm Indicator tradingview.com/script/3j6tDmGb-Super-Algorithm/. I have automatically migrated every user to Aladdin, who had Super Algorithm Indicator. One should not use the SA indicator. One should start using this indicator instead.

Version 1
A derived version of Super Algorithm Indicator with optimized code (uses arrays, removes few warnings in the code, makes code more reusable) so that I can add further features in the future. A few new coding features in the pine script encouraged me to go for this version. Since the codebase has been revamped, it made sense for me to make it a new indicator. have also changed a small parameter that is configurable at the moment. Previously it was valued at 26. Now I am putting value at 21.

23 Eyl 2021

Sürüm Notları

Version: 1.0.1 Release Notes

• Minor UI changes. No functionality changed.
  

23 Eyl 2021

Sürüm Notları

Version 1.1.0

• Some more user interface update. Core functionality remains the same
  

23 Eyl 2021

Sürüm Notları

• Updated minor text in tooltip
  

23 Eyl 2021

Sürüm Notları

• Turned many of the options on by default. Go to config to turn off.
  

2 Eki 2021

Sürüm Notları

Added a profit/loss marker. I do not like to open exchange websites. Hence, I like to keep a marker on the chart that shows me my approximate pnl. Realise this pnl may vary from the acual value on the exchange. Always use exchange values