Market Emotion Switch for TradingView
$199.00
✅ Helps gauge the overall mood and sentiment of traders in the market, indicating whether they are optimistic or fearful.
✅ Helps pinpoint instances when the market may be overbought or oversold, predicting potential reversals in price trends.
✅ Uses a combination of market sentiment, overbought/oversold conditions, and 60-period EMA evaluation to pinpoint precise entry points, enhancing trading precision and increasing the probability of successful trades.
Revolutionize your trading with Market Emotion Switch indicator – a game-changer for traders!
Unlike normal sentiment indicators, this powerful tool not only measures market sentiment, identifies overbought or oversold conditions but also goes the extra mile by suggesting definitive entry points.
Experience the power of a leading indicator that accurately predicts market entry points based on the change of market emotion.
Market Emotion Switch doesn’t stop there; it performs a second round of confirmation by verifying the price’s trend, ensuring you get the best possible entry points for your trades.
Trading has never been more intuitive!
Watch as the indicator works like a switch, displaying an upward blue arrow when greed is winning and the market is moving up, and a downward red arrow when fear is prevailing, and the market is moving down.
With Market Emotion Switch, you’ll always be ahead of the game and make smarter, more profitable trading decisions. Don’t miss out on this incredible opportunity to elevate your trading to new heights!
A cutting-edge indicator that redefines how you trade!
By analyzing the number of rising and declining candles in the past, this revolutionary tool accurately measures market emotion, detecting whether fear or greed is taking over.
Prepare to be amazed as Market Emotion Switch effortlessly switches between fear and greed, providing you with bearish or bullish entry points that align perfectly with the market sentiment.
With this game-changing indicator, you’ll always be one step ahead, capitalizing on market shifts like never before.
But that’s not all…
Market Emotion Switch takes it a step further by performing a double confirmation of entry points.
By checking the price against its 60-period EMA, it precisely determines whether the market is bullish or bearish, adding an extra layer of accuracy to your trading decisions.
Say goodbye to guesswork and embrace the power of Market Emotion Switch – the ultimate indicator for confident and profitable trading.
Don’t miss out on this opportunity to revolutionize your trading game and stay ahead of the market trends!
It gives you a winning edge in the markets by providing real-time insights into market sentiment.
With Market Emotion Switch, you can finally put an end to the guesswork and confidently make trading decisions based on accurate data.
No more relying on hunches or following the crowd blindly. This powerful indicator measures market sentiment with precision, helping you stay ahead of the market trends.
Identifying overbought or oversold conditions is a breeze…
Say goodbye to trading in overextended markets and avoid costly mistakes.
This indicator gives you a clear signal when the market is at extreme levels, allowing you to make strategic moves and capitalize on potential trend reversals.
It gives you the exact entry points, maximizing your profit potential and minimizing risks
No more wondering when to enter a trade. This indicator goes the extra mile by providing accurate entry points.
Don’t miss out on this game-changing opportunity to take your trading to the next level. Use this Market Emotion Switch to make informed decisions and achieve consistent profits.
Spot powerful trends with just a glance at the charts
You just need to look for two consecutive bullish or bearish signals, indicating a robust trend in the making.
This powerful feature lets you ride the momentum and stay in the market for extended periods, maximizing your profit potential.
Timely alerts, so you won’t miss out on important trades.
You’ll get all kinds of alerts: Pop-up, Sound, Email, and Push Notifications as soon as a new zone appears…
And you can customize these alerts in any way you want.
Setting Manuals
1. Indicator Setting
Market Emotion Period: Determines the timeframe over which market sentiment is calculated, affecting sensitivity to market changes.
Market Emotion Long Period: Sets a longer period for evaluating market emotion, offering a broader view of sentiment trends.
Market Emotion Price: Select the price point (close, open, high, low,…) to analyze market emotion, influencing the indicator’s reaction to market moves.
Market Emotion Price Filtering Period: Adjusts the period for filtering market price data, enhancing the smoothness and reliability of emotion signals.
Market Emotion Price Filtering Mode: Choose the mode of filtering price data (e.g., moving average types) to refine market emotion analysis.
Market Emotion Percent: Specifies the percentage threshold for recognizing significant changes in market emotion, defining sensitivity to sentiment shifts.
Market Emotion Average Period: Sets the period for calculating the moving average of market emotion, smoothing out short-term fluctuations.
Market Emotion Average Type: Select the type of moving average (e.g., Simple, Exponential) for averaging market emotion, tailoring the indicator’s responsiveness.
Price MA Filter Period: Defines the period for the moving average filter applied to price, aiding in trend detection.
Price MA Filter Method: Choose the method of the moving average filter (e.g., Simple, Exponential), affecting how price trends are smoothed.
Price MA Filter Applied Price: Determines the price (close, open, high, low) to which the moving average filter is applied, refining trend analysis.
SL & TP:
ATR Period for SL Shift: Adjusts the period over which the Average True Range (ATR) is calculated, used for dynamically setting stop loss levels.
SL Shift Coefficient (from ATR): Multiplier for the ATR to determine the stop loss distance, allowing adjustments based on market volatility.
TP Coefficient (from SL): Sets the take profit distance as a multiplier of the stop loss distance, aiding in maintaining a consistent risk-reward strategy.
STYLING
Up Arrow String: Customize the text label for buy signals, enhancing clarity on bullish entries.
Down Arrow String: Customize the text label for sell signals, enhancing clarity on bearish entries.
Up Arrow Color: Selects the color for upward arrows, visualizing bullish signals.
Down Arrow Color: Selects the color for downward arrows, visualizing bearish signals.
Up/Down Arrow Size: Adjusts the size of the arrows for better visibility on charts.
Display TP/SL on Chart: Toggles the visibility of take profit and stop loss levels on the chart, aiding in trade management.
TP Color: Customizes the color of the take profit line, distinguishing it on the chart.
SL Color: Customizes the color of the stop loss line, distinguishing it on the chart.
Max Bars to Calculate: Limits the number of bars back from the current bar that the indicator calculates, optimizing performance.
2. Set up alerts:
To stay updated on potential trading opportunities, you can set up alerts within the Market Emotion Switch.
Step 1: From the indicator settings, customize your alerts by defining your desired parameters. The selected configurations will be used for notifications in Step 2.
Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView’s “Alert” icon.
Step 3: Select Market Emotion Switch from the “Condition” dropdown list:
Step 4: A pop-up will appear as follows. You click on “Notifications”.
Step 5: You choose the types of notifications you’d like to receive and click the “Create” button.
FAQ
It works on ALL markets internationally that are available on Tradingview: FX, stocks, indices, commodities, futures, etc…
All sales are final and non-refundable.
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