5 NEW Indicators That Predict the EXACT Future ( crypto trading )
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TechnologieTranscription
00:00 Imagine having the power to anticipate market trends before they happen,
00:04 putting you steps ahead of the competition.
00:07 The thought alone is thrilling, isn't it?
00:10 Well, in today's special episode,
00:12 we'll dive deep into the top five revolutionary trading view indicators
00:16 that are changing the game forever.
00:19 These truly wonderful tools are powered by complex algorithms
00:23 designed to project the market's next move with astonishing accuracy.
00:28 Stay tuned as I explore each indicator,
00:31 breaking down how they work, why they're so effective,
00:34 and how you can leverage them to achieve consistent profits.
00:38 Your journey to becoming a more educated and proactive trader starts right now.
00:44 Let's begin with the fifth place indicator,
00:47 the Echo Forecast by Lux Algo.
00:50 The Echo Forecast by Lux Algo is a smart and well-designed trading view indicator
00:56 created for forecasting future market trends.
01:00 This tool employs a unique time series forecasting method named Echo,
01:05 which leverages the similarity between recent price movements
01:08 and historical price patterns.
01:11 The core assumption of the Echo Forecast
01:13 is that future prices can be estimated by identifying historical observations
01:18 most similar to recent price variations,
01:21 quantified using the correlation coefficient.
01:25 Imagine you're a detective trying to solve a mystery
01:28 by looking for patterns in past cases.
01:31 Each case has clues that might help you solve a new, similar case.
01:36 The Echo Forecast method works like this detective work.
01:40 Just like a detective compares new cases with old ones
01:44 to find similarities and predict the outcome,
01:46 the Echo Forecast method looks at current market trends
01:50 and searches for similar patterns in historical data.
01:54 When it finds a pattern that matches the current situation,
01:57 it uses this echo from the past to forecast what might happen next in the market.
02:03 Key features of the Echo Forecast include customizable settings
02:08 such as the evaluation window and forecast window,
02:11 which allow you to define the size of the window
02:14 used for finding similar historical observations
02:17 and the forecasting horizon, respectively.
02:21 Lux Algo, the creator of the Echo Forecast,
02:24 emphasizes the importance of using this tool
02:27 as part of a comprehensive trading strategy,
02:30 highlighting that while it provides valuable insights,
02:33 it should not be followed blindly.
02:35 They advocate for an informed approach to trading,
02:38 integrating the Echo Forecast with other analysis techniques for best results.
02:43 This tool could work best with supply and demand channels,
02:47 trend lines, and multi-time frame price analysis.
02:51 Unfortunately, finding a suitable multi-time frame indicator on TradingView
02:56 is almost impossible due to its complex nature.
02:59 However, I know one multi-time frame indicator
03:03 that will truly blow your mind.
03:05 It's called the Trade IQ Toolkit.
03:08 This advanced all-in-one indicator has so many useful features
03:13 that no other TradingView tool can match.
03:16 Want to instantly see the bigger picture of the market's trend and momentum?
03:20 Simply check the MTF momentum dashboard.
03:24 When the trend is positive, the momentum score is high.
03:28 When negative, low.
03:30 It is as simple as 1, 2, 3.
03:33 Want to see support and resistance levels from higher time frames?
03:37 Well, now you have such an option.
03:40 In addition, the indicator gives accurate entry and exit signals
03:44 with profit targets and stop losses,
03:47 so you can eliminate emotions from trading.
03:50 I've been using the Trade IQ Toolkit for two months,
03:53 and it has helped me tremendously with my technical analysis.
03:57 That's why I'm recommending it to as many traders as I can,
04:00 so they can benefit too.
04:02 Alright, let's move on to the fourth indicator on my list,
04:06 the MACD-based price forecasting.
04:09 The MACD-based price forecasting by Lux Algo
04:13 is a sophisticated indicator
04:15 designed to provide you with forecasts of potential future price movements
04:20 based on the moving average convergence-divergence indicator signals.
04:24 This tool integrates an innovative approach to price forecasting
04:29 by incorporating an area forecast,
04:31 which helps in visualizing potential future price developments
04:35 following a MACD signal.
04:37 The essence of this indicator
04:39 lies in its ability to offer a generalized view
04:42 of how prices might evolve after certain MACD signals are triggered.
04:48 It achieves this by analyzing previous price movements
04:51 following specific MACD signals
04:53 and constructing forecasts based on these historical patterns.
04:58 You have the flexibility to adjust the conditions
05:00 for generating MACD signals through the trend determination settings,
05:05 which can be based on the MACD's positive or negative status
05:09 or its position relative to the signal line,
05:12 indicating uptrends or downtrends.
05:15 An interesting feature of this indicator
05:17 is its capability to introduce a bias to the forecast.
05:21 By adjusting the average percentage setting,
05:24 you can tilt the forecast towards a bullish or bearish bias,
05:28 depending on their market outlook.
05:31 It's important to note that while the MACD-based price forecasting tool
05:35 provides valuable insights and predictive capabilities,
05:39 it should be used as part of a comprehensive trading strategy
05:42 and not in isolation.
05:45 The forecasts generated by this tool
05:47 are based on historical data and probabilistic models,
05:51 which means they are not guarantees of future price movements
05:55 but rather sophisticated estimates
05:57 that can enhance decision-making processes in trading.
06:01 Next up, we have Monte Carlo Future Moves by ChartPrime.
06:06 I can guarantee you have never seen an indicator like this before.
06:10 The Monte Carlo Future Moves indicator
06:13 uses probabilistic simulations
06:15 to forecast future price movements in financial markets.
06:19 It visually represents likely price paths,
06:22 including bullish and bearish outcomes,
06:25 and indicates extreme price levels and market biases.
06:29 By employing probabilistic models to predict price movements,
06:33 the Monte Carlo method helps in creating more resilient
06:36 and informed trading strategies.
06:39 This approach is particularly valuable in options pricing,
06:42 portfolio management, and risk assessment,
06:45 where understanding the range of potential outcomes
06:48 is crucial for making sound investment decisions.
06:51 ChartPrime team designed the indicator to be simple to use and understand
06:56 by displaying lines which reflect the most likely bullish and bearish outcomes.
07:02 The arrows point to these areas, making it intuitive to understand.
07:07 The tool also includes extreme price levels, shown in blue and yellow.
07:12 This is the most likely extreme range the price will move to.
07:16 To make things more user-friendly,
07:17 the indicator also displays a background heat map.
07:21 The brighter the price level,
07:23 the more likely the price will end at that level.
07:26 To use this indicator, you want to first assess market bias.
07:30 From there, you want to target the most likely polar outcome.
07:35 You can use the range of outcomes to assess your risk
07:38 and set a stop within a reasonable range of the desired target.
07:42 By default, the indicator projects 10 steps into the future.
07:47 However, this can be easily adjusted in the settings.
07:51 Generally, this indicator excels at mid-term estimations
07:55 and may yield inconclusive results
07:58 if the prediction period is too short or too long.
08:01 You can change the granularity of the outcomes
08:04 to give you a more or less detailed view of the future.
08:08 That being said, a lower resolution can make the predictions less useful,
08:13 while a higher resolution can give you a less useful picture.
08:17 So, what do you think about this futuristic indicator?
08:21 Let me know in the comments.
08:23 The second tool on my list is Next Pivot Projection by Trendoscope.
08:28 The Next Pivot Projection indicator is an experimental tool
08:32 that builds on divergence backtest results
08:35 to forecast future pivot points in the market,
08:38 including one unconfirmed pivot.
08:41 It utilizes historical data on pivot occurrences
08:44 and their characteristics
08:45 to project future pivots' potential positions and prices.
08:49 The indicator provides visual clouds
08:51 representing historical average projections for pivot points,
08:55 offering insights into possible future market movements.
08:59 The percentage displayed on the labels
09:02 represents how likely the price will reach projections.
09:06 Based on this information,
09:07 you can prepare for upcoming market moves accordingly.
09:11 For example, here the indicator projects
09:14 that Solana's price will increase to this level.
09:17 The probability of this happening is over 70%.
09:21 Another factor to consider when going long
09:23 could be a simple price action analysis,
09:26 like finding key support and resistance levels.
09:30 In this example, we see the price is near a strong demand level
09:33 around 100 USDT per coin.
09:37 Based on this simple technical analysis,
09:40 we can predict the price increasing to at least 104 USDT per coin,
09:45 which is indeed correct.
09:47 This is just one example
09:49 of how you can benefit from using the Next Pivot Projection Indicator.
09:53 Test it out,
09:54 and let's move on to the indicator topping our list.
09:57 This tool is called the Next Pivot by KeoCEF Trading.
10:02 The Next Pivot by KeoCEF Trading
10:04 is a comprehensive technical analysis indicator
10:07 available on TradingView.
10:09 This indicator is designed to help traders
10:12 forecast future price movements
10:14 by comparing historical price sequences
10:16 with the current price sequence using various similarity measures.
10:21 What this indicator can do is insane.
10:24 Check out these features.
10:26 First, the Next Pivot uses multiple similarity measures
10:30 to compare up to 100 bars of historical price sequences
10:34 with the current price sequence,
10:36 allowing you to find the most similar past market behavior.
10:40 Second, it can forecast the price path for up to 250 bars into the future,
10:45 giving you insights into potential future price movements.
10:49 Third, apart from price path forecasting,
10:53 this indicator also forecasts the zigzag pattern up to 250 bars ahead.
10:59 The zigzag pattern is used to identify price trends
11:03 by filtering out minor price changes.
11:06 This means you can predict future long-term market bias.
11:10 The indicator also employs various statistical measures
11:13 to find the most similar historical price sequence
11:16 to the current situation,
11:18 including Spearman, Pearson, absolute difference,
11:21 Cozine similarity, mean squared error, and Kendall coefficients.
11:27 It includes a forecasted linear regression channel,
11:30 adding another layer of analysis
11:32 by showing potential support and resistance levels
11:35 based on past price movements.
11:37 Linear regression can be enabled in the indicator's inputs.
11:41 Here you can also change the similarity calculation and more.
11:45 However, it's important to note
11:47 that while the next pivot can provide valuable insights,
11:50 its projections are based on past similarities,
11:54 which may not always predict future movements accurately.
11:58 Market conditions can change,
12:00 and random fluctuations may affect the reliability of the projected patterns.
12:05 That's why I strongly recommend backtesting these indicators with paper money
12:09 to evaluate their performance over time.
12:12 Thanks for watching this video.
12:14 Happy trading.