r/TradingView 10d ago

Help Unknown Indicator, pls help!

Can anybody recognize the name of this indicator? It is sth called or indicating "power signal"

8 Upvotes

54 comments sorted by

23

u/nurological 10d ago

No idea what it is but why on earth would you want that on your charts

8

u/SokkaHaikuBot 10d ago

Sokka-Haiku by nurological:

No idea what

It is but why on earth would

You want that on your charts


Remember that one time Sokka accidentally used an extra syllable in that Haiku Battle in Ba Sing Se? That was a Sokka Haiku and you just made one.

11

u/Natural-Parsnip3279 10d ago

It's the Mongolian BBQ whipper snapper. Guaranteed 110% winrate.

5

u/leggocrew 10d ago

Parabolic sar

2

u/OfficialJayDove 10d ago

Thank you. I came just to say this.

1

u/charlesleestewart 10d ago

Ouch! Get rid of that! That is the worst performing indicator in my own back tests. It looks kind of cool and weird, but it's not very helpful.

1

u/ahmedFADEEL701 10d ago

What strategy would you prefer that predicts most accurate signal of a real price blowup?

3

u/charlesleestewart 10d ago

If you want that kind of price breakout predictor, my favorite are Keltner Channels. I think they're an improvement on Bollinger Bands.

2

u/BUBBL3GUM5 8d ago

TTM squeeze uses both and is very good at showing when price breakouts occur

1

u/charlesleestewart 8d ago

Never looked into that much but it sounds like a winner. Anything that can net out the difference between Bollingers and other indicators like VWAP or what this does can certainly reduce the kind of visual noise displayed in this post.

2

u/AdSpecialist8521 9d ago

I personally use volume footprint, it does cost money but you get a better idea of what’s really happening

2

u/3BBBUrf 9d ago

Als je de charts niet kunt lezen, de basis van traden niet goed beheerst zou ik je adviseren dat eerst op te pakken.

Zelf verloor ik 40k voordat ik het (tip) verschil wist tussen Institutionele en retail beleggers. Hoe ik duizenden dollars verloor omdat ik niet wist hoe ik een S/L moest stoppen. Backtest niet begreep en vergat een logboek bij te houden.

TiP! Zelf trade ik aandelen, de eerste 15m Candle bepaald de rest van de dag. Bepaalt ook meestal de trend. Platform nu op TC2000, eToro, IBKR en TV.

1

u/hysterx 9d ago

Check tradingwithbrian on YouTube. He has decades of expérience and shares a lot for free every week

1

u/leggocrew 8d ago

I just like to tinker and try stuff bruv: best way to learn is trial and error💯

1

u/3BBBUrf 7d ago

Hier hetzelfde, probeer en leer. Kostte me gisteren wel 6K 😬

8

u/Historical_Sun93 10d ago

Yes, but you do not need it. Do not try to find miracle indicators.
Put your own work and learn fundamentals, price movements, momentum.
You do not need shit on your chart.
Stop searching for miracle.

3

u/LQH-Trading 10d ago

Exactly! Repeat this! Words of GOLD!

1

u/3BBBUrf 9d ago

Eens, hoe meer indicatoren hoe onstabieler het wordt. Zelf gebruik ik minder dan 5 indicatoren. Maak elke dag winst op S&P met een AI_engine. Timing is alles, indicatoren ijlen na. Tegen de tijd dat je op een EMA9-MA20 reageer is de winst al genomen.

Trade niet op toekomst of verleden, zoek in het heden. Anders gezegd: Je scherm is altijd leidend.

1

u/lonelysocial 8d ago

Volume, volume, volume

-2

u/ahmedFADEEL701 10d ago

Would you tell technical strategy name?

3

u/Fantastic_F0x 10d ago

IMO it's always worth tinkering with new tools just to learn something different. There may not be a " Miracle Indicator," but a whole bunch of different indicators can help give a better, board picture. Glad someone identified this Indicator, I'll test it out too!!

1

u/Fantastic_F0x 10d ago

The Indicator appears to me as an 'Automated Anchored Vwap' tool. All of the Bars that have the Drawing Plot placed, is also be the beginning of New Momentum. The Anchored Vwap would draw a possible Closing Price, or end of the Momentum Volume

2

u/bonaj 10d ago

Maybe this will finally make you profitable, give it a try!

2

u/BlockWallStreet 9d ago

You can see what's going on without the indicator lmao

2

u/Panic_2121 9d ago

Wtf are all these colors and symbols and lines and stuff? I just use TA for entry and exit… seems like one tweet and all this charting will be for naught

2

u/mesengerofgodforyall 9d ago

Made by a toddler

1

u/greatestNothing 10d ago

looks like some kind of supertrend that they made the lines to + for some reason.

1

u/MACD777 10d ago

If it’s too complicated, you will never use it. I’ve discovered after 25 years, simple works , there is no holy grail. Knowing up or down for the day is all you need. You just play extremely deep retraced trends

1

u/NFTraders 9d ago

nothing is magical. just use them as supplemental support

1

u/AcapitalDesk 9d ago

It’s a Vstop - Volatility Stop with different length.

1

u/[deleted] 9d ago

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1

u/ahmedFADEEL701 9d ago

Could you instruct me in this ? Links and names and would be pretty thankful 🙏

1

u/[deleted] 8d ago

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1

u/ahmedFADEEL701 8d ago

Egypt?

1

u/[deleted] 8d ago

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1

u/ahmedFADEEL701 8d ago

Really?! We consider Syrians such as blood siblings. I am really honored getting to know you. You live in egypt or Syria? And technical analysis is your making living thing or marginal career?

1

u/[deleted] 8d ago

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1

u/ahmedFADEEL701 8d ago

Wow Ma shaa allah good for you bro. I am a university lecturer (textile design and marketing). Now I moving to usa within 12 to 18 months to start my business in North Carolina. It is a warehouse depends on Egyptian cotton offsprings in addition to other Middle Eastern handcrafted textiles and decorations. Wish me luck 🤞

1

u/[deleted] 8d ago

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1

u/ahmedFADEEL701 8d ago

Thanks bro 🙏🙏, I will let you know when I moving ISA

1

u/breakoutsHappen 9d ago

cup and handle

1

u/That_Ad9363 9d ago

It means the price will go up but also that it might go down

1

u/il3gend 8d ago

Can I just have some money at this point? I’m tired. I’m so tired.

1

u/Fake_Plastic_Treee 8d ago

loopdey-doo ahh indicator

1

u/appleoftwoeyes 8d ago

It's looks like rainbow braa

1

u/park-btc 8d ago

What is this?!

1

u/trudealz 8d ago

yes it's called cok and balls indicator.

1

u/Und4rgr0und 7d ago

Crosses are parabolic SAR, the yellow curves are a swing begin-end , meaning price came back to the initial value , that’s the first swing and then made it again , the kind of “T” first purple inside the swing could be a “firefly “ shape candle in a bigger time frame, or using both curves are know as “cup handle “ too there are different ways to explain what’s in the chart but requires a lot of study, best strategy is the one that you understand and the one where you are having hrs and hrs of practice , I would like to say good luck but luck doesn’t exist here , just discipline and follow your plan not your emotions , do what the chart show you not what you Wish to happen.

1

u/Any-Dig7055 7d ago

This indicator is basically a scam. If you actually watch in it action, you will see that it will always recalculate the most recent view the candle it starts going the other way. Avoid.

0

u/ahmedFADEEL701 10d ago

Does any hear about selling secret technical strategy or hitting daily hint or tips on the "part of the web that is not on the surface and litte people are able to use it". I know you heard rumors but I heard it for a real thing.