black-concrete-texture-for-background-2022-12-16-17-07-25-utc_edited.jpg

Psychosis Indicator

Choose your pricing plan

Find one that works for you

Psychosis - ES, NQ
115$
Every month
Access to Stock futures, S&P500 and NASDAQ Psychosis lines
- For Tradingview
- Trader lines are designed for lowest timeframes 1-15 minute
- Swing lines are designed for 30min to hourly
- Whale lines are designed for large timeframes 2hr+
- MAJOR key support and resistance areas
- S&P500 and NASDAQ
Psychosis BITCOIN
20$
Every month
Access to BITCOIN psychosis lines
- For Tradingview
- Trader lines are designed for lowest timeframes 1-15 minute
- Swing lines are designed for 30min to hourly
- Whale lines are designed for large timeframes 2hr+
- MAJOR key support and resistance areas
Psychosis - GOLD GC
50$
Every month
Access to GC1! psychosis lines
- For Tradingview
- Trader lines are designed for lowest timeframes 1-15 minute
- Swing lines are designed for 30min to hourly
- Whale lines are designed for large timeframes 2hr+
- MAJOR key support and resistance areas

How to trade the Psychosis Indicator

The Psychosis Indicator generates lines on the chart that can be used as support and resistance zones.

Using the Indicator

Use Chart NQ1! FOR NASDAQ & ES1! FOR S&P 500

USE CHART BITSTAMP:BTCUSD FOR BITCOIN

To use the Psychosis Indicator, simply add it to your chart in TradingView. The lines will automatically appear on the chart, and you can adjust the settings of the indicator to customize the appearance of the lines.

Interpreting the Lines

The lines generated by the indicator represent areas where the price may encounter support or resistance. The color of the lines indicates whether they are above or below the current price. Green lines represent support levels, while red lines represent resistance levels.

When the price approaches one of these lines, there is a higher likelihood that it will bounce off the line and reverse direction. This can be used as a signal to enter a trade in the opposite direction of the price movement.

Trading Strategies

There are several strategies that can be used with the Psychosis Indicator:

Bounce Strategy

One simple strategy is to wait for the price to approach one of the lines and then enter a trade in the opposite direction. For example, if the price is approaching a red line (resistance), you could enter a short position. If the price is approaching a green line (support), you could enter a long position.

Breakout Strategy

Another strategy is to wait for the price to break through one of the lines and then enter a trade in the direction of the breakout. For example, if the price breaks through a red line (resistance), you could enter a long position. If the price breaks through a green line (support), you could enter a short position.

Trend Following Strategy

You can also use the lines generated by the indicator to identify the overall trend of the market. If the lines are sloping upwards, this indicates an uptrend, and you should look for long positions. If the lines are sloping downwards, this indicates a downtrend, and you should look for short positions.

Customizing the Indicator

You can customize the appearance of the indicator by adjusting the input settings. For example, you can change the color and width of the lines, as well as the length of the target lines. You can also adjust the opacity and border width of the boxes that are drawn around the lines.

To adjust the input settings, simply click on the indicator in TradingView and select "Format". From there, you can change the settings to your liking.