The process for adding our users and how our primary indicator + accompanying strategy function
General Suggestions for ALL MarketGod Buy & Sell Indicators
When trading using the indicator, any input can be used. In the past, we recommended Heikin Ashi candles, although this was solely aesthetic and not functionally significant.
That said, when trading using the back-test, Tradingview highly recommends to use the normal OHLC format as it will be the most accurate for trading in reality.
While traders can use any they prefer and MarketGod works on all, we recommend the following timeframes for our indicators in order to receive the best results
MarketGodx will likely have a noise filter added. At the time of this posting, it does not & MarketGod v7 is unique.
The most accurate version to date is MarketGod v7. Set It on 9-12 range on the 1D chart and set alerts to know when something is worth looking at.
Try using the high filter values numbers for the lower time frames and the lower filter values on the higher timeframes.
If you see alerts blinking - it means that the signal is potentially going to fire WHEN THE PERIOD CLOSES FOR CONFIRMATION. Anyone who asks about this needs to understand that the data is in real-time. This means on lower timeframes, you're going to see periods that are open, which price is teetering on the criteria we have set. Rule of thumb: when you see it happening, its irrelevant until the candle closes.
Next, one of the most important concepts to know when trading with MarketGod is that it is local to a specific timeframe, but an alert that fires on a timeframe above your current frame, automatically over-rules your lower time-frame event. This is a key component to succeeding with our tools, as the Macro frame holds the trend you'd like to be a part of.
Ex) the 4hr buy signal has just appeared. Although yesterday, a sell signal was confirmed on the 1D chart of the same market …. The trader now needs to know that the 4h buy is now almost irrelevant or potentially should be ignored.
Ultimately, we can only do our best to set you up for success and we hope using this tool will get you there and build the confidence it has from us.
MarketGod for Tradingview is written in PineScript, their native programming language
For traders who prefer frequent trades and alerts for their given market of preference. MarketGod v5 consists of several technical components and is relatively simple in its criteria, in order to maximize the frequency of the signals given. Note that MarketGod v5 is formerly MarketGod v5.3, which released on Tradingview in early 2019. One downfall of it is the inability to manage chop effectively. This causes more false positives in the alerts where there is no change or a quick change to the reverse.
Rules of thumb for MarketGod v5
Our initial privately offered indicator that built on the success of the once-open accessed MarketGod v5. Like its predecessor, MarketGod v6 is frequent with its alerts, and offers users reliable alerts that can be added to any Market. These alerts are best used on 1h+ TF and above, ranging up to the 1M timeframe (monthly = most accurate of all)
Rules of thumb for MarketGod v6
Our long-time favorite for users around the globe. MarketGod v7 offers consistent, reliable results that users can use in any market on any timeframe.
Rules of thumb for MarketGod v7