Scanner Alert Examples

This is a visual representation of the alerts built into the Vib Scanner Table (right side of main panel) and Vib Scanner Labels (bottom most panel) that are based on Mr. A's TrueVibration (other lower panel). Instead of a table or scanner labels, this indicator will print labels direction under/over candles identifying where the scanners will trigger alert, but this script only looks at a single asset. You can use this script to see how various settings play out across an asset's entire history and fine tune your scanner settings to your likings.

All of the alerts are coded the exact same way across all 3 of these:

Qualified pivots longs trigger with a "potential pivot long" occurs with a higher local low compared to the last time SmoothVib was under 30. Qualified shorts require the potential pivot short occur at a lower local high than the last time SmoothVib was over 70. As with the table, there is the option to choose to either require a Full Reset (SmoothVib goes all the way to the other extreme first) or just a partial reset (SmoothVib only comes out of OB/OS territory and back into it).

Overbought/Oversold FSR Divergences look for regular and hidden divergences in the FSR while it is in overbought or oversold territory.

Charge V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR crosses over the Full Vib. Bear alert is Full Vib below Full Vib Bull Threshold and FSR crosses below Full Vib.

Charge V2 uses a "most recent DBI" filter and will trigger an alert any time the FSR crosses the Full Vibration and is in agreement with the most recent DBI .

Pivots V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR pivots above the Full Vib. Bear Pivots are the opposite of this.

Pivots V2 look for similar FSR pivots , but with a Leading/Lagging Full Vib comparison. Bull Alerts require Leading Full to be above Lagging Full and the FSR to pivot on top of both. Bear pivots are the exact opposite.

Bull and Bear Stampede's look for FSR crossing over 120 or under -20, respectively, and indicate EXTREME momentum.

Please note: these alerts are my extensions of the TrueVibration indicator and concepts by TrueCrypto28, aka Mr. A. HUGE thank you to him for all his incredible work!

While these scanners can be used as standalone to some extent, an understanding of TrueVibration will take them to another level.

Versionsinformation:

Added better TV alerts to script