OH YOU THINK MARKET PROFILE WAS FINISHED?
WE BACK!?
Poor Highs/Lows!
Excess!
+ Usability update!
Website: spacemanbtc.com
Indicator: uk.tradingview.com/script/FJnZNVP…
Lets get an update, its been a while ive missed you <3
Lets start with the one thats been needed for a while and finally got released, Poor Highs and Lows (the red),
Poor High/Low points out an unfinished auction which in other words means price is likely to retest this level, in a candle stick this can be seen as a double top/bottom
Here it is in lettering mode, the Poor Highs/Lows identified by the size at the end of the profile, the greater the size the more likely we revist and revisit soon!
Seperating the excess from the single print, before learning about excess they were included in the same bundle of execution, now they are visually seperated and have their own coloring/features!
This means that with naked single prints enabled Excess is no longer falsely represented as a void of liquidity! and therefore the market profile is more accurate!!
This one is for @CryptoParadyme (literally added last second), IM SLEEPY BUT I REMEMBERED THIS IS LOVE HOMIE, you can disable the open and close indication in the settings now <3
Heres the update in lettering mode with naked sp enabled (current day SP shading isnt done till end of day <3)
Wanted to show off high res mode again, so people are aware its out!
DELTAPRINT CANDLES BIG FUCKING UPDATE 🚀
Indicator: tradingview.com/script/HfEn4mY…
Website: spacemanbtc.com
Massive Update to DeltaPrint, many new features and uses! Check Out the video and thread below!
Also look at @AnataNFT in the video below!
@AnataNFT We love the DeltaPrint, Heres a walk through in all the big changes this indicator has seen!
@AnataNFT First You can see the big Usability Update! This update has now included a scalable UI so we can fit more data/candles on the screen. Heres a before and After. 🤓/😎 Cringe but seriously just look at the difference, exceptional 🤝
Lets start without the update, so you can see the beauty of MTF Comet, 4HR $BTC Chart Comet Coloring, Trend following scripts all have one flaw, hard to determine fakeouts from real trend formation. Lets solve this. 🛑⚠️
Now we have the ability to go and look at the 1HR price action and have a HTF Comet Coloring with HTF Guided line, whats the benefit of this? We get LTF PA, but WAIT THERES MORE. 🔍🔎
Lets start with the most useful release of this update: MTF Belt, what does this mean?
It means we can observe HTF belts with the LTF Chart e.g. the 4hr chart below on the 1hr chart, Why is this useful? Easier to spot buying opportunities with additional data but there's more! 🎆
What if we did the 1HR Belt + 4HR belt on the 1hr chart? As explained in the belt LINE UP guide, (spacemanbtc.com/educationblogs…), we can see clear buying opportunities on this run up, and then the evidential weakness on the 1hr belt and 4hr belt. Which led to the sell off on the right.
📊First id like to show whats included in the base version:
Net longs and Net shorts, the use of this indicator will give you an insight as to where where traders are position.
Short squeeze? You’ve heard of it a lot, now lets visualise it. We can see how Net Shorts were quite high near the bottom (go figure), but as price moves up we can see Shorts closing down, this can indicate the occurrence of a short squeeze! (number go up) 🪗
@tradingview The start:
On load you will see the below, standard presets to unpack. All Levels enabled, lets break it down.
You can already see the newest feature “Show Text Data”, setting below. 📊
@tradingview What is it? Well you can see 2 things, the option to toggle, Coloring and what it does. Its a work in progress feature, that textually describes the regions of interest, the breakdown of SP Region, Excess region, TPOCount, and Ticksize (especially useful on auto or multisession)