This is Oracle. It is a momentum driven indicator with behind-the-scenes filters designed to best indicate the oversold and overbought points on most assets. Oracle partially uses a regression equation displayed in line format with a predetermined spacing to indicate different support and resistance points within the last 100 bars. When used in combination with the smoothed oscillator and moving averages it becomes a powerful tool in your box. It is important to keep in mind that because this indicator is always looking at the last 100 bars the user will need to use the “replay” function on Tradingview for the best manual back-testing to the triggers as possible. It should become clear that when its in the red zone above the ‘zero’ line that the potential for downward movement is greater. The bottom or below ‘zero’ green zone indicates a potential time to buy.
In addition to the regression lines, the indicator is supplied with a basic moving average application involving cross analysis. The two lines in cooperation help the user determine when the overall trend is shifting. As an example, when the overall trend may be indicating a bearish market or downtrend it may be beneficial to consider any of Oracle’s triggers that may be opposite more closely. Some of the alerts will trigger in what appears to be opposite trending areas such as a buy trigger when the averages indicate a bearish period. When this happens, it is up to the user utilize other confirmation type tools to assist in the decision of the oracle triggers. The reason for this is that Oracle is designed to predict the change in the market before or during a peak or through area on the graph. The success can be large but this can reduce the automatic trigger’s success in which loss management must be executed.
The custom alert function built in is designed to automate the visual comparisons of the two items above. By considering trend, immediate resistance and support lines, and momentum we can help visually indicate the points of possible exhaustion in either direction.
When setting up the alert it's as simple as a new alert creation and selecting the VMC Oracle Indicator in the top drop down. After that its as simple as selecting Long Alert or Short alert. As with any tool it is recommended to understand the asset being traded and providing yourself with the best risk management rules to minimize unfavorable movements.
@vumanchu, You're a grifter. Making money off false promises and ridiculous claims such as the above. Directing people to your dangerous discord group, full of other con-artists. Only accepting crypto as payment method. The list goes on and on.
EVERYONE ELSE - DO NOT DO BUSINESS WITH THIS GUY
judaeusx
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@mshannon69, bro it would take you one month payment or whatever to actually try it back and forward test it and THEN come here yelling about something, but its very clear you haven't and are not willing to actually do anything valuable to anyone let alone for yourself, just jump to whatever conclusion in your head fits the story best of why you are where you are, and spew your vitriol... like a whining baby with a dirty diaper
mshannon69
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@judaeusx, Show your broker statements or GTFO. I'll wait.
judaeusx
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@mshannon69, I’m not trying to sell this plugin mate, just chimed to point out you have *zero* grounds or experience to say it doesn’t work or call anyone a scammer. That’s just your thing you like to do as part of your self-manifested perpetually unfortunate existence
@mshannon69, no surprise you can’t read along with your other deficiencies, fake anti-guru (in your reality of not being able to trade everyone is a guru, out to “get you” I suppose lol)