VeChain (VET)

HEIKIN-ASHI.

A Heikin-Ashi chart is a type of candlestick chart that uses modified price data to provide a clearer picture of trends and reduce noise in price movements. It averages the open, high, low, and close prices from the current and previous periods to create smoother, more visually appealing candlesticks that help traders identify and follow trends more easily.

RENKO.

A Renko chart is a price chart that uses fixed-size "bricks" to represent price movements, disregarding time and focusing solely on price changes. By eliminating smaller price fluctuations, Renko charts highlight significant trends, making it easier for traders to identify and follow trends in the market while reducing the impact of market noise.

This used to determine when the price is trending.

ADX values help identify the trends to trade. The values are also important for distinguishing between trending and non-trending conditions. ADX readings above 25 suggest that the trend is strong enough for trading. Conversely, when ADX is below 25, many will avoid trading.

ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend

Crossovers of the -DI and +DI lines can be used to generate trade signals.

If the +DI line crosses above the -DI line and the ADX is above 25, then that is a potential signal to buy. On the other hand, if the -DI crosses above the +DI, and the ADX is above 25, then that is an opportunity to enter a potential short trade.

An exponential moving average (EMA) is an average price calculation over a specific time period that puts more weight on the most recent price data, causing it to react faster to price change.

Use moving averages to help determine price trend & direction. It can also help determine entry and exit points when the lines cross.

Fibonacci retracement levels are tools that cryptocurrency traders use to predict price changes. These levels, based on the Fibonacci sequence found in nature, show potential turning points in price. Traders find them useful for spotting good times to buy, especially during an overall upward trend.

In essence, these levels act like 'psychological markers' - points where many traders are making decisions. This can help new traders navigate the often unpredictable crypto market. By watching these levels, you could make more informed decisions about when to enter or exit trades. It's a way to bring some logic to the fast and volatile world of crypto trading.

The 61.8% level, often referred to as the 'golden ratio', is particularly significant in Fibonacci retracement, and many traders view this as an optimal point for entry. Here's why:

When a price increases or decreases sharply, it typically retraces, or pulls back, before continuing in the original direction. Traders use Fibonacci levels to predict where this pullback may end. The 61.8% level is considered a key retracement point.

If the price retraces to the 61.8% level and then starts moving in the original direction again, this suggests the overall trend is still strong. So, if you're seeing an overall upward trend and the price pulls back to the 61.8% level, it could be a good time to buy. The belief is that the price is likely to continue upwards after reaching this point.

The Hull Moving Average (HMA) is an extremely fast and smooth moving average. The HMA almost eliminates lag and manages to improve smoothing at the same time.

Used help spot trend reversals.

It has 2 moving averages (MACD and the Signal) and a line called a histogram that measures the distance between the 2 moving averages.

We can use the MACD to see when the moving average lines cross over, as this will usually signal a new trend and a time to enter or exit a trade.

An Order Block is a technical analysis technique that tracks the accumulation of orders (when bullish) and distribution of orders (when bearish) of banks and institutional traders.
In other words, it is an area or an indication of where big institutions would pile up their orders to enter the market – their order blocks.

Often these blocks signal the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders (Buy Orders for Bullish OB / Sell Orders for Bearish OB).



They bear some similarities to Supply and demand zones (Support and resistance), so you trade on the breakout or reversal

***This indicator is work in progress***

They're calculated based on the high, low, and closing prices of previous trading sessions, and they're used to predict support and resistance levels.

These support and resistance levels can be used by traders to determine entry and exit points, both for stop-losses and profit taking.

The simplest way to use pivot point levels in trading is to use them just like your regular support and resistance levels.

This is used to show a trend, and it also tries to forecast potential trend reversals. For example, If the parabolic line is green, you would follow the bullish trend

We also have buy signals when the lines go over and below the current price.

This indicator signifies if we suspect an imminent change of trend.

This is signified with the letter R and for a confirmed reversal, R+

When RSI (Relative Strength Index) is above 70, it means that the market is overbought, and we should look to sell.

When RSI is below 30, it means that the market is oversold, and we should look to buy.

Now there is the EMA (exponential moving average) that can indicate buying and selling opportunities when the line crosses the RSI

As with any chart, things are less prone to error, when zoomed out to high timeframes

Supertrend actually works better on a lower timeframe. It shows trend reversals and indicates when to get in or out of trades.

When the stochastic goes below 20, it is oversold, so we should look to buy

When it goes above 80, the market is overbought, and we should look to sell.

You can also get a signal of times to buy or sell based on the crossing of the two stochastic lines.

As with any chart, things are less prone to error, when zoomed out to high timeframes

Tenkan (blue) and Kijun (red) line indicators. When the Tenkan crosses above the Kijun is a bullish signal.

This can be an even stronger bullish signal if the Chikou Span (green) is above the price level.

The opposite is also true for selling positions. If the Tenkan crosses below the Kijun, it is a bearish signal.

This can be an even stronger bullish signal if the Chikou Span (green) is below the price level.

I do have another indicator that is triggered if we end up in the Kumo cloud (top and bottom span lines), but my chart library is lacking the ability to draw it.

For best viewing of this and the Ichimoku cloud, use Trading View.

This is a simple indicator that lets you know of a volume trend reversal with entry and exit points.

There is also a Volume Heatmap indicator showing volume. This can be used as a confirmation signal

There is also a Hawkeye Volume indicator showing if it is a good time to go long or short. This can be used as a confirmation signal