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PSAR VIP

Session #21

04-25-2022

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Contents

  1. Welcome to everyone!
  2. HTF BTC Analysis
  3. Ninja: Glassnode HTF Analysis
  4. Todd: VIP2: 49.6 to 71K MADNESS!
  5. Lemmod: WH Automation
  6. CEO: PSAR TECHNICAL DEEP DIVE
  7. Todd: TVAM Updates
  8. Node: Pairs
  9. Q & A

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HTF BTC Analysis

    • How do you guys like the impenetrable wall STP setup at 39K? 😉
    • Continue to find resistance at the AVWAP from the ATH at 42.8K
    • Support at 39K strong because of 0.66, pWPOC and Weekly
    • Losing 39K is very bearish, be prepared for lower
    • Currently bounced off the daily and the repeated SFP level at 38.1K
    • 4H stoch bottomed out so
    • Could be a quick oscillator reset within the current 39-42K range
    • 12H stoch was in dump mode
      • bottoming out with bullish divergence
    • Daily stoch flipped green on the VIX and stoch bounced but the move was completely absorbed
      • This is NOT bullish at all
    • Formed a channel since Jan 23rd low at 32K
      • Lose the level at 37K then we are heading much lower
    • Right now watching for S/R flip at the 39K level

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HTF BTC Analysis

What to expect?

    • Lose the 2022 uptrend channel and we could revisit 35K
    • Still have that macro channel bottom rising to about 35K now
      • Is it good that it’s coming up so high? If it gets touched if it doesn’t hold then we are in for FIREWORKS
      • Looks at 32.8k Summer Range POC and Weekly
      • Below that 28K
      • Ultimate capitulation target at 13K-20K for Q4 2022

    • Upside targets:
      • Current 0.618 retrace at 44K but could be lower if we dip lower
      • Could hit as high as 50K if we range within the yearly channel

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HTF BTC Analysis

Todd:

    • 42-44k rejection call from last VIP was bang on.
    • LAST VIP: Eyeing shorts to 39.3K with the 35-35.6k target still being valid for max pain. CURRENT: TARGET HIT, eyeing 35-35.6k.�Double hidden bearish divergence on the 4h chart indicating further downside.
    • If this target hits and holds - does not break below 34K - this would confirm a third higher low and should make room for significant upside.

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TODD: 49.6K to 71K

  • Slow market conditions make it perfect to run CT only, aiming for minimal market exposure and quick trade times.
  • Started with 49.6K on Feb 9, 2022.
  • April 22, 2022 ending 71K EVEN.

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TODD: 49.6K to 71K

-Took VIP2, took IPB down to 2.5-5% dependent on market conditions to lessen “front loading”.�-VWAPS were set +/- 0.1 on long/short from the normal VIP2 strat. Average VWAPS of 1-1.3 Long / 1.6-2 Short.�-Adjusted to get rid of trouble pairs (MTL/GTC/GMT, etc.) This can be done per trader feel or use the pairs list found here: (note this is NOT updated anymore)�-Shorts were monitored heavily - cut losses if necessary.�-Longs acceptable to hold IF good coin. (no problems with STORJ etc due to low IPB - config could actively DCA) due to loq IPB and get out.�-Autotransferred 10K out - remainder profits left to transfer 100%.�-49.6K start, 30,194 profit = 79.79k balance.

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TODD: 49.6K to 71K

-approx 30K made in 90 days off 49.6K = 60% ROI.�30,000 / 90 days = 333 per day.�THIS IS A LIVABLE INCOME.

ENJOY :)

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Lemmod: CT Automation

Refer to @Lemmod for CT Automation!

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CEO: PSAR TECHNICAL DEEP DIVE

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CEO: PSAR TECHNICAL DEEP DIVE

  • What is PSAR?
    • PSAR uses a trailing stop and then reversal strategy to identify:
      • trend direction
      • possible areas of reversal
    • Dots above price indicator downtrend, dots above price indicate uptrend
    • PSAR takes extreme high and lows and then applies acceleration Factor which starts at 0.02 and increases by 0.02 to a maximum of 0.2
      • NOT a Moving Average (which takes average price over a given period)
    • Reversals occur when the dots flip
  • How has STP taken PSAR to the next level?
    • Created a scalper that scalp trades long or short on each PSAR dot
    • STP has combined multiple time frames of PSAR and used them in confluence to determine macro market conditions
    • Created multiple filters to detect and filter out price reversals in confluence with PSAR

    • Starvinmarvin: If there is anything unique being done with sar (for example it looks much farther away from the candles than most stock Sar)
      • Can adjust increment level to bring dots further or closer to price

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CEO: PSAR TECHNICAL DEEP DIVE

  • (2) what exactly “is” a Div anyways? Like when we choose a certain period length for the divergence filter, what is actually happening? Is this divergence pattern matching of RSI vs candle pivot points?
  • What is a DIV?
    • Divergences occur when a higher high or lower low occurs in price, but the indicator makes a higher lower or lower high showing loss of strength in the price action
    • This is a leading indicator to show price is about to reverse
    • PSAR V4 uses RSI divergences but it is possible to have divergences on many other indicators
  • Analysis period determines how far back the indicator looks back for divergences
    • If you don’t look back far then you’ll get more signals
      • but also more likely to get faked out
    • Use a higher analysis period for higher quality divergences
      • Won’t catch all tops but will catch major tops

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CEO: PSAR TECHNICAL DEEP DIVE

  • (3) using PSAR trend to “get in/out of BTC”. As in - holding your account quote currency in Stablecoin while PSAR trend is telling you to, and then switching it to hold as BTC when it’s telling you to.
  • This is actually our normal way of trading USDT as the base (quote) pair
    • When BTC moves up your USDT is converted to BTC to take little bites of price action as price moves up
    • Interested in holding BTC? Change profit currency to BASE (BTC)
    • Holding crypto is a good strategy during the bull market but bad during bear market
      • Good to experiment for now but be careful holding especially on leverage (COIN-M)
      • As price drops, you will have less capital to DCA and your liquidation price will move closer to entry

  • (4) are there any ways of using PSAR trend to pre-emptively predict a trend change on an ultra-low timeframe like 15-seconds or 5-seconds? Such as with fee rebate markets (BTCBUSD) where you are counter-trend Maker Order accumulating and trying to take micro profits on the retracements almost Market Maker style. I have had some good luck using it this way but I imagine you would have so much more wisdom on how to squeeze insight out of it for this kind of trading.
  • It is possible to use PSAR this way but in my opinion you get way too much signal noise
    • This means that PSAR will flip long/short too much to give a reliable signal
    • More likely to get faked out
    • This is why we use a low time frame to get lots of trades out of PSAR (1m), but use higher time frames to get more reliable trend status (5m-1D)

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Todd: TVAM Automation

  • WHAT ARE YOU GUYS DOING WITH ALERTS, CRAZY!!!!�422 THOUSAND ALERTS EDITED!!!! WHAT THE F$%^!!!���-Added 2 additional webhooks for automation for everyone. Shoutout to @Mr. Toe for the request.�-Current version is only 6 alerts, waiting on google to publish new version with 8 webhooks.
  • -Feel free to request further updates!
  • NEXT ON THE HIT LIST: backtest automation & grid backtest as well.

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Todd: TVAM Automation

  • -Feel free to request further updates!
  • NEXT ON THE HIT LIST: backtest automation & grid backtest as well.

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Node Pairs

**The basis for the T/A is contingent upon the BTC price action**

ATOM-�PSAR Trend = Short Degen�Major channel up breached (Bearish), First major swing to downside is the $18.50-$19 area expect a bounce in this area���https://www.tradingview.com/x/3RMPPO82/

�AVAX

PSAR Trend (Long Lower on weekly)�Channel up broken( first major swing to downside is the $55-$60 range ( weekly 50 day)

Upside targets if this bottom of range holds here $75-$80

https://www.tradingview.com/x/Cy3ntIZT/

FTM�PSAR Trend on daily (Short Degen)�Neckline broken on FTM here short side targets down to $0.60(Couple week swing down here)�If we dont get continued selling here due to a BTC bounce we can retest the neckline breakdown ~$1.08-$1.20��https://www.tradingview.com/x/HBHBEORL/

SOL�PSAR Trend (Short Degen)�Channel Down (Middle of range)�Upside targets up to $130�Down side targets to retest demand line area $80

�https://www.tradingview.com/x/lvdwAkQE/

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Q & A

  • Feel free to comment or ask any questions on things you may need some advice on.
  • To save on time we would like to keep the Q&A to a maximum of 2 Questions per user.
  • Would like to open the floor up to any users to share some profits in #profit-gains!