COT_trader (OP)
Newbie
 Offline
Activity: 66
Merit: 0
|
 |
March 25, 2021, 02:19:50 AM |
|
I'm a fan of COT analysis : actually I love to study COT reports and positioning. Recently I subscribed to iCOT indicator where they introduce it as the approximate intraday COT chart. As per the iCOT description : it is an intraday technical indicator trying to simulate and approximate COT reports. I got amazed by how accurate to pinpoint major reversal points. here a youtube video about iCOT indicator : https://www.youtube.com/watch?v=CvYlv7BnZuAhere a screenshot for how they measure extremes of commercial/speculators on intraday timeframes : https://paste.pics/BYVR0i will keep posting charts for different symbols catching my eye. If you are interested in any symbol : please ask and I will share its chart. https://paste.pics/BYVR0 |
|
|
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
 |
March 25, 2021, 02:43:03 AM |
|
iCOT indicator showed major reversals on $RIOT. $RIOT : it is a company stocks working in bitcoin. https://paste.pics/C016I |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 25, 2021, 04:56:27 PM |
|
and here is the iCOT for bitcoin today ! https://paste.pics/C0BDFPlease have a look at cotbase youtube channel about iCOT indicator. iCOT measure extremes of commercial/speculators on intraday timeframes. |
|
|
|
|
|
Insanerman
|
|
March 25, 2021, 08:31:37 PM |
|
Do you simply advertise a program for an indicator? I see that your offer is good as you also have free trials for other users yet I don't want to try it out. Nonetheless, I don't really see how it can be a better tool against RSI, MACD, EMA, and other candlestick patterns especially Doji - which are all free and can be learned in the vast internet. Would you elaborate how can your paid indicator be that beneficial than the free stuffs I mentioned?
|
|
|
|
|
|
Johnyz
|
|
March 25, 2021, 10:19:36 PM |
|
You got amazed because you’re part of the team or what?
Seriously, using indicators are free on most of the exchanges but if there’s something different with this one maybe I can try and look for it, this is just a guideline supposedly and never to depend to anyone because it is still advisable to do your own research and to analyze the market on your own. I’m gonna watch some videos to see if its worth it.
|
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 26, 2021, 01:00:42 AM |
|
Do you simply advertise a program for an indicator? I see that your offer is good as you also have free trials for other users yet I don't want to try it out. Nonetheless, I don't really see how it can be a better tool against RSI, MACD, EMA, and other candlestick patterns especially Doji - which are all free and can be learned in the vast internet. Would you elaborate how can your paid indicator be that beneficial than the free stuffs I mentioned?
hi am just a subscriber with them : Am subscriber with their COTbase since 2016 and this new iCOT take it to next level. iCOT differ as it tries to measure the extreme sentiment and positioning of the market on intraday charts. Please havea look at this photo https://paste.pics/C0ERLFor better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 26, 2021, 01:14:16 AM |
|
You got amazed because you’re part of the team or what?
Seriously, using indicators are free on most of the exchanges but if there’s something different with this one maybe I can try and look for it, this is just a guideline supposedly and never to depend to anyone because it is still advisable to do your own research and to analyze the market on your own. I’m gonna watch some videos to see if its worth it.
Yes of course iCOT is not the holy grail ! nothing out there ! real traders will understand what i mean by “excellent risk/reward” and this is what iCOT is all about. am just a subscriber with them : Am subscriber with their COTbase since 2016 and this new iCOT take it to the next level for intraday charts. iCOT differ as it tries to measure the extreme sentiment and positioning of the market on intraday charts. Please have a look at this photo https://paste.pics/C0ERLFor better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 26, 2021, 08:21:49 AM |
|
here is the situation for bitcoin with iCOT on 3 min timeframes. green/red strips are the most extremest sentiment. https://paste.pics/C0HTDFor better understanding of iCOT : Please have a look at cotbase youtube channel about iCOT indicator. https://cotbase.com/features/icot |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 29, 2021, 09:31:52 PM |
|
iCOT indicator created by reverse engineering COT data. it is short term COT tool where extremes commercial/speculators divergence means short term trades. Please watch their youtube videos this week. https://www.youtube.com/watch?v=lauojiyeq-g |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 29, 2021, 10:00:55 PM |
|
The strongest signals are the green and red vertical stripes (green = buy signals, red = sell signals).
Blue bars and the little yellow diamonds above and below the price are also sell/buy signals, but not as strong as the stripes. In special occasions, when consecutive stripe signals are observed, the escalation of the current trend is likely. Buy/sell signals are confirmed once the signal bar's low (in case of sell signal) or high (in case of buy signal) is broken.
iCOT REVERSE-ENGINEERED COT DATA AND CREATED iCOT INTRADAY INDICATOR!
You can use the iCOT indicator on any chart type (eg. candlesticks, bar charts, renko, range bars, etc.) and time-frames (eg. 1-min, 5-min, 1-hr, 4-hr, etc.).
iCOT indicator created by reverse engineering COT data.
it is short term COT tool where extremes commercial/speculators divergence means short term trades.
Please watch their youtube videos this week.
|
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
March 29, 2021, 10:14:37 PM |
|
|
|
|
|
|
|
|
hzak2019
Newbie
Offline
Activity: 2
Merit: 0
|
|
March 30, 2021, 10:45:42 PM |
|
Not convincing at all.... most pictures you present in your post showcase wrong signals; the last one for example has 2 red vertical bars and up ward price action.
|
|
|
|
|
hzak2019
Newbie
Offline
Activity: 2
Merit: 0
|
|
March 31, 2021, 12:32:52 AM |
|
Any info about accuracy of the signals ? Does it work on all timeframes? what is the best timeframe for this indicator ?
|
|
|
|
|
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
April 02, 2021, 03:27:18 PM |
|
Not convincing at all.... most pictures you present in your post showcase wrong signals; the last one for example has 2 red vertical bars and up ward price action.
yes of course ! no holy grail. it will give wrong signals ALWAYS. The idea is to manage your risk and I find that iCOT helped me to getter much better entries and much better risk/reward. Again - your experience in chart reading is a must. iCOT will help you to have more risk/reward control. |
|
|
|
|
COT_trader (OP)
Newbie
Offline
Activity: 66
Merit: 0
|
|
April 03, 2021, 05:25:25 PM |
|
|
|
|
|
|
|
|
|
