Yellow indicates bullish continuation while the red indicates a trend may be weakening. Yellow and Red Diamonds are trend strength indicators. If the next 1 – 3 candles print a Red Diamond the breakout is less likely. Normally a breakout is probable when the next 1 – 3 candles print a Yellow Diamond. This indicator normally follows a Blue Triangle and should be interpreted over a range of 1 – 3 candles. The Green Dot on Market Cipher A is a bullish indicator and is most reliable on a 6-hour time period and higher. Market Cipher Features Market Cipher A Green Dot If the momentum scores continue to increase in positivity in either direction, you may consider entering a trade in the direction of that impulse wave. When the momentum scores switch from negative to positive in either direction, that is an important junction in the market where you may consider taking profits. The current candle will be displayed in yellow for visual clarity. Bearish red momentum is displayed above the candlestick. Bullish green momentum is displayed below the candlestick. Market Cipher DBSI is an all-encompassing momentum indicator which uses a -5 to 34 score system to interpret the signals of 36 separate momentum indicators on a candle-by-candle basis. Market Cipher DBSI – Dual Band Strength Index This is due to the daily reset mechanic which not only accounts for intraday volatility but also gives the other side a chance to “take the reins” so to speak. VWAP is a reliable day trader’s indicator that will help you to know your environment (whether it is a long day or a short day) and provide you regular opportunities to enter the market in either direction. Market Cipher SR is a day trading strategy built for the hourly timeframe and below which heavily incorporates horizontal supports and resistances as well as Volume Weighted Average Price, otherwise known as VWAP. Market Cipher SR – Support and Resistance Market Cipher B certainly excels on the small timeframes, but is a particularly deadly tool for isolating large swings in the market. The Green Dot is often accompanied by extreme sellers’ momentum and will warn you of potential market bottoms, giving you strong hands even when the night is at its darkest. When all of the algorithms converge, Market Cipher B will project a “Green Dot” which will aid you in longing the dips in bull markets as well as temporarily exiting shorts in bear markets. It combines five algorithms (some well-known, some custom) that have all been fine-tuned and smoothed for optimal analysis and trading results. Market Cipher B is an all-in-one oscillator allowing for more quality indications than ever before. Market Cipher A was made to easily analyze, isolate, and anticipate macro trends. It also gives a great visual of the trend, supplying you with strong mathematical support or resistance. ![]() ![]() The intersections of these lines can be very strong lagging indications, so we have programmed Cipher A to project symbols which correspond to various indications, so you don’t have to manually interpret each bullish or bearish cross. Market Cipher A is an EMA ribbon comprised of 8 EMA’s that are blue/white during a bull market and gray during a bear market. Market Cipher is broken into four indicators to assist you with your trading. Whether you prefer oscillators, support and resistance lines, or examining moving averages, Market Cipher caters to all styles of trading while interpreting all the data for you. Not only will Market Cipher give you strong hands in a volatile market, it will also call the tops and bottoms warning you of price traps. Market Cipher does the majority of the legwork in interpreting the data, outputting various symbols which will guide your trading. ![]() It is the single best, most versatile indicator package specially designed for Bitcoin but usable in all financial markets. Market Cipher is a TradingView script that combines over 30 years of trading experience and dozens of indicators into one comprehensive charting package.
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