Adedeji_Spyder_USDT
Like the previously published Adedeji.Spyder.v1.0 (www.tradingview.com/...Adedeji-Spyder-v1-0/), this indicator is a scanner; it scans only Binance USDT markets for tickers that meet certain conditions favorable for potential positive price action movements. It significantly and greatly reduces the time required for you to scan the market looking for great setups so you can focus on your entries.
It works efficiently for majority of the most commonly used time-frames (15m, 30m, 45m, 1H, 2H, 3H, 4H, 6H, 12H, 18H, 1D, 2D, 3D and 1W).
Tool is best used in conjunction with my other scripts:
1. Cynotronic Divergence tool (www.tradingview.com/script/FD012...) or any other reliable momentum indicator
2. Adedeji_Edge (www.tradingview.com/script/sXTPJ...)
How to use:
Simply add the indicator to your chart, wait for the scan/search to be complete and the result displayed. Go to any of the pairs and as you normally would, time your entries by using Adedeji_Edge_v1.1
It's advised to keep a keen eye on demand and supply zones (draw relevant SUP, RES as well as dynamic trendlines on the charts) as targets and take profit zones. The suggested divergence tool gives reliable indication of areas where there is strength or weakness.
This tool scans only 40 tokens/coins on Binance USDT market. The list is not automatically generated; it will be updated regularly.
Development/improvement is a continuous thing!
Disclaimer:
Past performance does not guarantee future results. This tool/indicator is for educational purposes. As always you should fully understand there are high risks involved when trading cryptocurrencies and other digital instruments.
It works efficiently for majority of the most commonly used time-frames (15m, 30m, 45m, 1H, 2H, 3H, 4H, 6H, 12H, 18H, 1D, 2D, 3D and 1W).
Tool is best used in conjunction with my other scripts:
1. Cynotronic Divergence tool (www.tradingview.com/script/FD012...) or any other reliable momentum indicator
2. Adedeji_Edge (www.tradingview.com/script/sXTPJ...)
How to use:
Simply add the indicator to your chart, wait for the scan/search to be complete and the result displayed. Go to any of the pairs and as you normally would, time your entries by using Adedeji_Edge_v1.1
It's advised to keep a keen eye on demand and supply zones (draw relevant SUP, RES as well as dynamic trendlines on the charts) as targets and take profit zones. The suggested divergence tool gives reliable indication of areas where there is strength or weakness.
This tool scans only 40 tokens/coins on Binance USDT market. The list is not automatically generated; it will be updated regularly.
Development/improvement is a continuous thing!
Disclaimer:
Past performance does not guarantee future results. This tool/indicator is for educational purposes. As always you should fully understand there are high risks involved when trading cryptocurrencies and other digital instruments.
Versionsinformation:
Improved scan crieria.