Market Map

Usage of the Indicator

1) Adding an indicator:

Open a chart on the service Tradingview.com, then go to "Indicators" - section "Invite-only Scripts". Then select our indicator "Market Map PRO".

2) Using the indicator:

Use the 4h, 6h, 12h, 1 DAY timeframes and higher. This is important because the indicator should only provide you with quality data.

3) TA Pattern signal

Signal function: search for technical analysis patterns with filtering (rising and falling wedge, triangles).

Green pattern

Means a high probability of growth of the asset. Enter only after Breakout of the upper line. If the bottom line was broken, skip the pattern.

Gray pattern

If the pattern has TWO or more equal highs than it is an Ascending Triangle and the upward movement is expected after the upper line breakout. If the bottom line was broken skip the pattern!

P.S if the pattern is mirrored and has a TWO or more equal lows than its a Descending Triangle and the downward movement expected after a bottom line breakdown

Red pattern

Means a large potential for a dump of the price. Enter only after Breakdown of the bottom line. If the upper line was broken, skip the pattern.

Breakout

Breakout of the trend line, which the indicator has previously tracked and filtered. Enter only after a Break candle close. Upward Signal

Does not work for all assets. Works only for the 1 Day timeframe, and these assets: BTC, DYDX, OP, 1INCH, AAVE, ZIL, DASH, CRO, LRC, MKR, CHZ, ZEC, SNX, BAT, IMX, HBAR, FTM, TWT, RNRD, CSPR, ETH, ONE, DOT, ENJ, INJ, MANA, VET, KLAY, FXC, MINA, CRB, ALGO, SAND, XTZ, AGIX, LUNC, BNB, ADA

Breakdown

Breakdown of the trend line, which the indicator has previously tracked and filtered. Enter only after a Break candle close. Downward signal

Does not work for all assets. Works only for the 1 Day timeframe, and these assets: BTC, DYDX, OP, 1INCH, AAVE, ZIL, DASH, CRO, LRC, MKR, CHZ, ZEC, SNX, BAT, IMX, HBAR, FTM, TWT, RNRD, CSPR, ETH, ONE, DOT, ENJ, INJ, MANA, VET, KLAY, FXC, MINA, CRB, ALGO, SAND, XTZ, AGIX, LUNC, BNB, ADA

4) Buyer/Seller Trace

If the “Buyer” is more probable price will rise if market conditions are conducive. If a "seller," a greater probability of a price dump. Enter only after the "Signal" candle is closed Available on timeframe 1 Day and higher!

5) Reaction Signal

Signal function: search for entry points by level breakdown criteria and Smart Money concept (with filtering). Enter only after the "Signal" candle is closed

6) Shock signal

Signal function: search for a local market reversal signal

7) Info-Candle

If green appears on the candlestick - overbought. If red - oversold. Remember, for example, if the price is overbought it means a large amount of active purchases and it does not mean that it should immediately go down. Evaluate everything based on market conditions at a particular moment.