Main indicator Overview

The Whale Moves indicator is designed to provide traders with a visual representation of market sentiment based on the activities of "whales" – large, influential market participants. This unique indicator uses color-coded candlesticks to help traders quickly interpret market conditions and make informed trading decisions while maintaining the ability to distinguish between bearish and bullish candles at all times. 

Color-Coded Market Sentiment

Green Candlesticks: These indicate a bullish sentiment among whales. When the candlesticks turn green, it suggests that the overall sentiment of the large market participants is optimistic and there is a potential for upward movement in the market.

Red Candlesticks: These signify a bearish sentiment. Red candlesticks suggest that whales are pessimistic about the market's prospects, indicating a potential downward trend.

Purple Candlesticks: Purple indicates a sentiment of indecision. This color often signals a potential trend reversal, as it shows that whales are uncertain about the market direction.

Orange Candlesticks: Orange represents a strong bearish impulse. This color indicates a powerful downward movement, often accompanied by significant selling pressure from whales.

Blue Candlesticks: Blue signifies a strong bullish impulse. Similar to orange but in the opposite direction, blue candlesticks indicate a robust upward movement driven by considerable buying activity from whales.

Always Distinguishing Bearish and Bullish Candles

The Whale Moves indicator ensures that traders can always distinguish between bearish and bullish candles:

Bullish Candlesticks: These are represented by a filled body, making it easy to identify periods of price increase. When the sentiment is bullish, these candles will be either green or blue.

Bearish Candlesticks: These are represented by a transparent body, indicating periods of price decrease. When the sentiment is bearish, these candles will be either red or orange.

Using the Whale Moves Indicator

The Whale Moves indicator can be an invaluable tool for traders looking to understand market sentiment and predict potential market movements. By observing the color changes of the candlesticks, traders can gain insights into the collective behavior of large market participants and adjust their trading strategies accordingly.

Bullish Markets: Look for green and blue candlesticks to identify periods of optimism and strong upward momentum.

Bearish Markets: Watch for red and orange candlesticks to spot times of pessimism and strong downward movements.

Potential Reversals: Pay attention to purple candlesticks as they may signal an upcoming change in trend.

Whale Alert Overview

The Whale Alert indicator is designed to help traders identify the entry of whales – large, influential market participants – into the market. By detecting unusual volume anomalies and patterns associated with whale activity, this indicator provides timely alerts to traders, enabling them to make informed trading decisions.

Detecting Whale Activity

Whales often enter the market gradually, making it challenging to identify their presence using conventional volume indicators. The Whale Alert indicator employs a complex calculation to detect these subtle movements and provide clear alerts when whales are detected or when there are significant anomalies in volume.

How It Works

Volume Anomalies: The Whale Alert indicator continuously monitors market volumes, looking for irregularities that suggest the presence of whales. When a significant volume anomaly is detected, it indicates that large market participants might be entering the market.

Whale Detection: Through sophisticated algorithms, the indicator analyzes volume data to identify the presence of whales. When whale activity is confirmed, an alert is generated, notifying traders of the potential market impact.

Alerts and Notifications

Whale Detection Alerts: When the indicator detects whale activity or volume anomaly, an alert is triggered, providing traders with a signal that influential participants are entering the market. This alert helps traders anticipate potential market movements driven by these large participants.

Whale Wave Channel Overview

The Whale Wave Channel indicator is a powerful tool designed to help traders identify key support and resistance levels based on the trading volumes of whales – large, influential market participants. This indicator uses two green bands at the top and two red bands at the bottom to visually represent these crucial levels, providing traders with valuable insights into potential market movements.

How It Works

Green Bands (Resistance Levels): The two green bands at the top of the indicator represent resistance levels. These bands are calculated based on the volume activity of whales. When the price approaches these green bands, it indicates a potential area where selling pressure might increase due to the presence of significant whale activity.

Red Bands (Support Levels): The two red bands at the bottom of the indicator signify support levels. These bands are also derived from the volume activity of whales. When the price nears these red bands, it suggests a potential area where buying pressure could increase, driven by whale activity.

Volume-Based Calculations

The Whale Wave Channel indicator leverages complex volume-based calculations to determine the placement of the support and resistance bands. By analyzing the volume patterns, particularly those associated with whale activity, the indicator provides a dynamic view of the market's potential turning points.

Using the Whale Wave Channel Indicator

The Whale Wave Channel indicator can be an invaluable addition to your trading toolkit, helping you to identify key support and resistance levels influenced by whale activity. By integrating this indicator into your trading strategy, you can make more informed decisions and better anticipate market movements.

Identifying Resistance Levels: Watch for the price to approach the green bands. This area might act as resistance due to increased selling pressure from whales. Traders can use these levels to set profit targets or identify potential reversal points.

Identifying Support Levels: Monitor the price as it nears the red bands. This area might act as support due to increased buying pressure from whales. These levels can be used to set entry points or stop-loss levels.

Volume Analysis: Pay attention to the volume patterns as the price interacts with the green and red bands. Increased volume near these levels can confirm the presence of whale activity and strengthen the support or resistance indication.

Guppy Wave Convergence Overview

The Guppy Wave Convergence indicator is a powerful technical analysis tool inspired by the Guppy Multiple Moving Averages (GMMA). This indicator is designed to identify convergence points among multiple moving averages, providing traders with signals for potential trend reversals or continuation patterns. The Guppy Wave Convergence indicator uses a combination of colored waves to indicate these convergence points, helping traders interpret market trends more effectively.

How It Works

Multiple Moving Averages: The Guppy Wave Convergence indicator utilizes a set of multiple moving averages, typically a mix of short-term and long-term averages. These moving averages are grouped into two distinct waves or bands.

Blue Wave (Bullish Convergence): When the short-term moving averages (typically faster) within the indicator converge above the long-term moving averages (typically slower), it forms a blue wave. This indicates a potential bullish convergence, suggesting that the market sentiment is turning positive and there could be a continuation or strengthening of the uptrend.

Orange Wave (Bearish Convergence): Conversely, when the short-term moving averages converge below the long-term moving averages, it forms an orange wave. This signals a potential bearish convergence, indicating that the market sentiment is turning negative and there could be a continuation or strengthening of the downtrend.

Deep Whale Volume Overview

The Deep Whale Volume indicator provides traders with a comprehensive view of trading volumes, offering detailed insights into the exact volume of buying and selling activity within each candlestick. Unlike traditional volume indicators that show aggregate volume per candlestick, the Deep Whale Volume indicator breaks down volume data into precise measurements of buying and selling volumes, accompanied by averages for each.

How It Works

Detailed Volume Analysis: The Deep Whale Volume indicator analyzes and displays the exact volume of buying (demand) and selling (supply) activity for each candlestick on a chart. This granular view allows traders to understand the dynamics of market participation at a more detailed level.

Average Volumes: In addition to displaying the exact volumes for buying and selling, the indicator calculates and presents average volumes. These averages provide a smoothed representation of market activity, helping traders identify trends and potential changes in market sentiment.

Using the Deep Whale Volume Indicator

Traders can utilize the Deep Whale Volume indicator in various ways to enhance their trading decisions:

Volume Confirmation: Verify price movements with corresponding volumes to confirm the strength or weakness of market trends.

Identifying Accumulation or Distribution: Analyze periods of accumulation (increased buying volume) or distribution (increased selling volume) to anticipate potential trend reversals.

Comparative Analysis: Compare current volume data with historical averages to assess the significance of recent price movements.

Moby Dick Levels Overview

The Moby Dick Levels indicator is a sophisticated tool that combines elements of pivot points with major tops and bottoms to generate signals for potential tops and bottoms in the market. Inspired by the concept of identifying significant price levels and trends, this indicator provides traders with actionable insights into key reversal and continuation points.

How It Works

Pivot Points Integration: The Moby Dick Levels indicator incorporates traditional pivot points, which are calculated based on the previous day's high, low, and close prices. These pivot points help identify potential support and resistance levels in the market.

Major Tops and Bottoms: In addition to pivot points, the indicator considers major historical tops (high points) and bottoms (low points) in price. These levels are crucial as they represent significant price extremes where trends may reverse or continue.

Signal Generation: By analyzing the interaction between pivot points and major tops/bottoms, the Moby Dick Levels indicator generates signals for potential tops (sell signals) and bottoms (buy signals) in the market. These signals help traders anticipate and react to changes in market direction.

Using the Moby Dick Levels Indicator

Traders can utilize the Moby Dick Levels indicator in various ways to enhance their trading decisions:

Top and Bottom Identification: Use the indicator to identify potential tops and bottoms based on the convergence of pivot points with major historical levels.

Confirmation Signals: Wait for confirmation signals from the indicator to validate potential reversal or continuation points before entering trades.

Support and Resistance: Utilize the identified levels as support and resistance areas to set profit targets and manage risk.

INDICATORS SETTINGS

For comprehensive guidance on adjusting indicator settings, detailed explanations for each specific setting can be accessed directly within the settings menu of each indicator, ensuring users have all the necessary information to customize their indicators according to their trading preferences. 

Please note that indicator settings must be configured by the user, as they vary significantly depending on the assets, time frames, trading styles, and personal preferences.