Market Cipher B
Buy, Sell, and Warning Indicators (Momentum Trading)
Click on any wave or dot to learn more
Market Cipher B is an all-in-one oscillator. It combines five algorithms that have been fine-tuned for optimal analysis. When all of the algorithms converge, Market Cipher B will render a “Green Dot” which will aid you in longing the dips in bull markets or temporarily exiting shorts in bear markets.
- 6 Oscillators optimized and consolidated into one
- Green dot market bottom alert
- Ultimate market barometer and trade initiator
- Use Heiken ashi candlesticks for better accuracy
Leading buy signals that excel in sideways and upwards trends.
You are looking for overbought and oversold readings for the most part here, but to get the most out of these waves, learn how to spot divergent price action which often foreshadows a future price move.
We have incorporated the VWAP into an oscillator. It is the easiest algorithm on B to read. When it crosses up, you are long until the next cross down. When it crosses down, you are short until the next cross up.
The custom Money Flow oscillator gives a great visual of market conditions. When it is green, we say the grass is growing, the Bulls are grazing, and the strategy is to buy dips. When the MFI is red, buyers are dead, and the prevailing strategy is to short the peaks. You can filter many bad trades by paying attention to the MFI.
The RSI misses many opportunities on its own, but when used in tandem the other oscillators in B, can provide an extra layer of confidence via overbought and oversold readings.
The Stochastic RSI is an indicator of an indicator. When it crosses the regular RSI, it paints green or red, signaling a bullish or bearish cross. No more manual scanning for RSI crosses! These events have greater importance on higher timeframes where the Stochastic RSI often paints red or green for weeks or months at a time. When the change in color finally occurs, that can be a strong indication to long or short.