Tortuga Indicator
After long hours of figuring out what the fuck makes my indicator tick - the Tortuga indicator is finally finished. This indicator entails multiple conditions from indicators: AO, MACD, STOCH RSI, MFI, AD, and OBV. The help identify the most optimal Long or Short positions. The indicator also has been coded to identify Bullish and Bearish divergences on timeframes that have been tested to have a significant effect on prices. The indicator has been backtested to have a 75% win rate with long and short positions on timeframes: 15m, 30m, 45m, 1hr, 2hr, 3hr, and 4hr.
Indicator Guidelines/Legend:
Signals:
Blue Candle: Long Signal
Yellow Candle: Short Signal
Divergences:
Fuchsia Candle: 5 length Bull Divergence
Purple Candle: 10 length Bull Divergence
White Candle: 5 length Bear Divergence
Silver Candle: 10 length Bear Divergence
Gray Candle: 20 length Bear Divergence
The Divergence candles are merely suggestions and hints for potential price movements. While they have been shown to be effective position signals, they have not been backtested - stick with the Blue and Yellow candles.
This indicator is for sale with a monthly fee, DM for details. The price will increase upon updates and successful forward testing.
Indicator Guidelines/Legend:
Signals:
Blue Candle: Long Signal
Yellow Candle: Short Signal
Divergences:
Fuchsia Candle: 5 length Bull Divergence
Purple Candle: 10 length Bull Divergence
White Candle: 5 length Bear Divergence
Silver Candle: 10 length Bear Divergence
Gray Candle: 20 length Bear Divergence
The Divergence candles are merely suggestions and hints for potential price movements. While they have been shown to be effective position signals, they have not been backtested - stick with the Blue and Yellow candles.
This indicator is for sale with a monthly fee, DM for details. The price will increase upon updates and successful forward testing.