Hi guys, todays indicator comes from the original Odin but has seen some hefty modifications to make it far more accurate based on some recent indicators and learnings. The name comes from Vidar that avenged Odin (fitting as its predecessor).
Vidar has two gears (pawn/king) to help you understand the probability and size of the trade. Kings crowns are weighted to have a larger upside and is intended to inform the trader that a larger position can be taken if he wanted too. Pawns are more "scalp" like signals and should be treated with smaller trades or top up positions between King's crowns.
The indicator also has a simple EMA ribbon to help with trend identification as well as a manipulation trigger to help understand price action outside of signals generated. Green diamonds are bullish closes and red diamonds are very bearish closes.
As always if you want to discuss some TA or come chat about the indicators, or just hang out and chat crypto.
Vidar has two gears (pawn/king) to help you understand the probability and size of the trade. Kings crowns are weighted to have a larger upside and is intended to inform the trader that a larger position can be taken if he wanted too. Pawns are more "scalp" like signals and should be treated with smaller trades or top up positions between King's crowns.
The indicator also has a simple EMA ribbon to help with trend identification as well as a manipulation trigger to help understand price action outside of signals generated. Green diamonds are bullish closes and red diamonds are very bearish closes.
As always if you want to discuss some TA or come chat about the indicators, or just hang out and chat crypto.
Versionsinformation:
Chaging chart name to match.
Versionsinformation:
Complete rework of Vidar to include better visual aids when trend trading. Now includes background highlighting for Runar sentiment with additional "rage mode" trading, giving plenty of signals with trend rather than just key pivots.
Versionsinformation:
Fix inputs and optimise static variables per hyperopt results.
Versionsinformation:
Fix background issue with trend backgorund turned off
Versionsinformation:
Added alert condtions for trend change and two seperate scalps