SURF (ex-mafgi) 2.5 4m design @VanyaKsenya

29 May

SURF
designed by my 2 older kids, idea by me.

Correlation long only indicator which is fun to use and easy to decipher (hopefully).

What it does, is you can pick up to 3 assets that correlate with the asset you study.
Then it calculates the fear and greed index for each of the assets, and assigns it a weight based on either of the 3 included correlation measuring methods - simple, volatility-based, time-shifted, and (not yet working as of now) - grander causality method.

When the correlated assets are in fear zone (for positively correlated assets) - it shows a surfer who is ready to surf the upcoming wave up.

However, be cautious and take your profit when you see a palm tree or the sea throws out some green seaweed.

Waves are deep back in the sea and dark blue, with a lot of wet sand on the beach - good entry points for longs.
Opposite - good for shorts. When waves are so high that they reach the dry sand.

Enjoy!
(don't forget to check and modify the list of the assets which you think might corellate with the asset you're studying or trading).

29 May

Sürüm Notları

slight long entry point update, now it also shows surfers (long) when correlated assets inverted FDI crosses zero from below, but not on weekends.

30 May

Sürüm Notları

little update, added more long and short signals on multiple EMA length pivots.