GodRays - A new way to analyze crypto-markets

[Symphoenix]

Hey there  !

Financial markets in general are far more organized than anyone suspects and this tool is here to show you what I mean by that... By using simple trendlines and by looking for their crossings, it can extract important information from price action as supports, resistances and precise temporal targets !

https://github.com/5ymph0en1x/GodRays

Here's a simple demo of the general concept :

https://youtu.be/KQys_AF9JRM

And that is what you get when running the script :

https://i.imgur.com/y3IAQcl.png

Looking forward reading your feedback 

[Bitcoin_Arena]

1. Can one use the tool if they are on Linux OS

2. Your YouTube link does not work. It's likely you posted a wrong one or the video was deleted. It would be useful if you shared more information here on how one can run the tool and also demonstrate how it works.

[sheenshane]

2. Your YouTube link does not work. It's likely you posted a wrong one or the video was deleted.

It works fine to me, though I didn't watch the full video and it seems it's a great trading tool for technical analysis.

They've similarities on the Tradingview site, did you have a comparison between both of them?
There are too many lines on the graph, I don't know which one is the support or the resistance.  Maybe ain't good on technical analysis so I have a little bit confused about the video.  However, it's a great tool.

[cabron]

How do you solve this:

Code:

GodRays-main# python3 GR_Analyzer_v1.0.py
Traceback (most recent call last):
  File "GR_Analyzer_v1.0.py", line 4, in <module>
    import finplot as fplt
ModuleNotFoundError: No module named 'finplot'

Tried running to see  the difference with tradingview but I can't get it working. The error want me to edit the py file and import. Upon checking its there.

Code:

import os
import pandas as pd
from datetime import datetime, timedelta, timezone
import finplot as fplt
from logzero import logger

Whats wrong with it,  System requirement? Where is this module? 

[Symphoenix]

So glad to see people in here at least testing the script ! Thank you ! In others forums, I encountered some... skepticism that prevents many from learning new things...

My goal is to explain in great details the philosophy and the reasons of the accuracy of this way of looking at price action but it takes time so let's say... I'm here to stay if you want to explore this path

1- Yes, it works under any os that support python 3.9.
2- If you feel like there are too many lines on the chart, just decrease tolerance or tolerance2 according to the method you chose (see github).
3- You have to understand that this is not classical trendlines analysis. TradingView has a huge flaw currently : it doesn't display empty candles ("no trade candles"). This has been confirmed by their support to me. So EVERY works conducted on their charts on M1 and possibly M5 are biased. I'm not kidding here : this is really bad ! How on earth an indicator could be reliable if data ingested by it are incomplete ?
4- "pip install -r requirements.txt" is the way to install all the dependencies.

The script crunches hundreds of thousands of intersections coordinates between standard trendlines. It extracts info from the alignment of these crossing points ! If you know python, look at the "targets" module : the heavy stuff is there

[slaman29]

I do agree, markets are more organized than most people suspect. BUT I also believe that markets are also more prone to shocks and unexpected events than people realize. Also, people move markets a lot more than people suspect (they always believe markets move people).

I think the reason why computers and companies always fail to predict big market crashes even though they happen about every 10 years is because of these failure to realize If you can make your script more self aware of this who knows. Good luck

[Symphoenix]

I do agree, markets are more organized than most people suspect. BUT I also believe that markets are also more prone to shocks and unexpected events than people realize. Also, people move markets a lot more than people suspect (they always believe markets move people).

I think the reason why computers and companies always fail to predict big market crashes even though they happen about every 10 years is because of these failure to realize If you can make your script more self aware of this who knows. Good luck

That's a really interesting point here ! The kind we can talk days about and trust me, I love that

If I had to articulate an answer, I would start by telling you that for an alternative truth to be accepted, the majority must always start by rejecting it. This is the most basic cycle there is ! You'll hear me talk about cycles a lot. Why ? Because this is the way energy moves in the universe. It's everywhere : from day/light to left/right political structure, from the tides to human emotions... Everywhere !

Why models, and particularly from genius people, trying to mimic the financial markets all failed (remember Long-Term Capital Management) ? Because they were trying to treat events linearly and not dynamically. Everything is caused by multiple influences so why keeping on using a +b = c from Aristotle to forecast complex things ? What we found is that there are cycles to the strength of an influence, the efficiency of an agent in others words. Imagine a giant dish of spaghetti where each spaghetto is a cycle treating one matter. Look how the whole thing is a product of infinite external incluences... Yet there is an order : the grouping (aggregate), or not, specify the end result.

Now take financial markets. What if I tell you we can forecast wars ? You would think and tell that we are crazy stupid. But picture this : a general knows a war is coming because he received top secret orders. He wants to benefit from this info. He starts speaking about it to his personal financial advisor. And voilà : the info is out and impacting gold market for example. Our dynamic modeling can pick up the shift in gold and correlate with others sectors and historical data and then... comes the war forecast !

All influences can be analyzed, sorted and classified but that takes a computer to do so

[slaman29]

I do agree, markets are more organized than most people suspect. BUT I also believe that markets are also more prone to shocks and unexpected events than people realize. Also, people move markets a lot more than people suspect (they always believe markets move people).

I think the reason why computers and companies always fail to predict big market crashes even though they happen about every 10 years is because of these failure to realize If you can make your script more self aware of this who knows. Good luck

That's a really interesting point here ! The kind we can talk days about and trust me, I love that

If I had to articulate an answer, I would start by telling you that for an alternative truth to be accepted, the majority must always start by rejecting it. This is the most basic cycle there is ! You'll hear me talk about cycles a lot. Why ? Because this is the way energy moves in the universe. It's everywhere : from day/light to left/right political structure, from the tides to human emotions... Everywhere !

Why models, and particularly from genius people, trying to mimic the financial markets all failed (remember Long-Term Capital Management) ? Because they were trying to treat events linearly and not dynamically. Everything is caused by multiple influences so why keeping on using a +b = c from Aristotle to forecast complex things ? What we found is that there are cycles to the strength of an influence, the efficiency of an agent in others words. Imagine a giant dish of spaghetti where each spaghetto is a cycle treating one matter. Look how the whole thing is a product of infinite external incluences... Yet there is an order : the grouping (aggregate), or not, specify the end result.

Now take financial markets. What if I tell you we can forecast wars ? You would think and tell that we are crazy stupid. But picture this : a general knows a war is coming because he received top secret orders. He wants to benefit from this info. He starts speaking about it to his personal financial advisor. And voilà : the info is out and impacting gold market for example. Our dynamic modeling can pick up the shift in gold and correlate with others sectors and historical data and then... comes the war forecast !

All influences can be analyzed, sorted and classified but that takes a computer to do so

I completely agree in cycles. Something that even the oldest religions have a tenet of and don't get me wrong I don't want to get religious here but examine Hinduism and Buddhism for example, which are thousands of years old and practiced by billions as in actually practiced (I'm not Hindu or Buddhist so anyway). Everything is a cycle for them too, for the Hindus even in precise dates (we are currently not even a tiny fraction of the universe cycle, which has a known end), and comes the phrase also "all of this has happened before".

Sounds familiar in markets and even in Bitcoin right?

So as I was mentioning, huge crashes seem to happen regularly for over 100 years, almost every decade, and yet and yet supercomputers never predict it but as you say when majority rejects it, it happens. So couldn't a model predict precisely this trigger like "ookay way to many people think BTC will hit $100k so the crash is in 5 weeks".

Interesting and of course I wish I could see something like this model publicly