EdgeAnalysisGroup: Yume Wave 2.0

This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading.

The Wave:
+ The Yume is the Fast length
+ The Akume is the Slow length
+ The Miaku is a median weighted length
+ The Upper Limit is an overbought asset indication
+ The Lower Limit is an oversold asset indication
+ The Wave is the spread between Yume and Miaku


Bullish Indications:
+ The Yume is above the Akume
+ The Yume is above the Miaku
+ The Yume is below the Lower Limit

Bearish Indications:
+ The Yume is below the Akume
+ The Yume is below the Miaku
+ The Yume is above the Upper Limit

Signal Strength Weights:
+ 50 = Yume Wave crossed a Limit Line
+ 100 = Yume Wave crossed a Limit Line + Close to a Fib Moving Average
+ 100 = Edge's Market Bottom/Top Algorithm is marked 'True'

Setting up Signals (Based on a 100 Signal Height):
+ Set the "Bull Signal" to be at 50 or 100
+ Set the "Bear Signal" to be at 50 or 100
+ 50 is Agressive, 100 is Conservative.
+ Bull/Bear are separate so you can play conservative bull with aggressive bear.

Notas de prensa:

Added an additional +25 Bear/Bull Indicator based on twists within a specific limit ranges.

Notas de prensa:

Loosened the sensitivity to the yume wave crossover signal to create more signal pops for aggressive plays.

Notas de prensa:

Added another 50 lines of signal sensitivity. You can now input the signal strength (1-100) that you want signals to appear. You can also use this tool to set up alerts.

1= lots of signals
100 = rare signals

12 Total signals ranging from 10% to 33% sensitivity. Combinations of signals are added together (the highest signal pop I've seen in backtesting is at signal strength 200, but EXTREMELY rare).

Notas de prensa:

Added a custom alert field to the Yume Wave. You may now select "Bear Signal" or "Bull Signal" in alerts. This alert will go off anytime a bear or bull signal pops based on your Signal Strength requirements set prior to making the alert.

Notas de prensa:

Added another strength variable to improve accuracy based on fibonnaci key levels.

Notas de prensa:

Added crossover alert function. In alerts, you can set "Bull" or "Bear" to match your existing 'Signal Strength' using the "Yume Alert" function.

Notas de prensa:

Added 2 new lower timeframe signal variables and 1 new higher timeframe signal stackable variable.