MarketGod removes emotions from trading and provides a systematic entry-exit strategy independent of market sentiment, emotion and bias.
Emotional trading refers to making investment decisions in the financial markets based on emotions rather than a rational and well-thought-out strategy. Emotions can lead to impulsive and irrational trading behaviors, which can result in financial losses.
Overtrading typically involves making a large number of trades within a short period, often with high trading volumes and turnover. This behavior can be driven by various factors and emotions, such as excitement, impatience, greed or more.
Tradingview is used by over 50 million users across 200 different countries. Create an account before registering for our indicator so we can add you to the permissions list as fast as possible.
Register for access by submitting your name, username and email address to our registration form, linked throughout this page.
Our team will add you to the MarketGod permissions list shortly after your registration. It is a manual process and will not be instant. Tradingview will notify you once access to the indicator is granted and you will find the tools listed in your invite only section of the Tradingview indicator library.
MarketGod calculates its alerts based on real-time data on Tradingview. We do not pull from higher time-frames, and do not pull security (tickerID) based Pine information from other sources accessible, meaning there is no repainting in our indicator. This is validated and verified weekly an with every update to our tool.
MarketGod can be added to any time frame on most markets, but is most profitable on the 1m, 5m, 30m, 1h and 4h intraday time-frames, and also most profitable on the 1D, 3D, 1W and 1M time-frames.
Both theMarketGod for Tradingview (Study), and its counterpart the MarketGod for Tradingview (Strategy), allow our users to define and set an ideal exit or stop level with the stop-loss and take-profit functions.
MarketGod for Tradingview (strategy) enables our users to backtest their success on a market, when using the MarketGod Indicator.
Tradingview is consistently providing new and innovating functions for its Pine Script programming language. We maintain our pine script source code of MarketGod to keep it as efficient and capable as possible.
MarketGod was built and tested primarily for crypto charts, which provide high liquidity on assets like Bitcoin, while also having the strong volatility for our testing on altcoins like DOGE, Ethereum and SHIB. Many of our users use MarketGod in traditional markets as well (IE stocks, commodities, FOREX, ETC.).
Repainting in Pine Script refers to the phenomenon of an indicator or strategy's output changing as new price bars are added to the chart. This can happen when the indicator or strategy uses data from future bars to calculate its output, which is not available at the time the indicator or strategy is initially calculated. As a result, the indicator or strategy's output may appear to change or "repaint" as new data becomes available. Repainting can be a problem because it can make it difficult to accurately backtest or forward test a strategy, as the strategy's output may change depending on the data that is available. It can also make it difficult for users to interpret the indicator or strategy's output, as it may not be clear what data was used to calculate the output. To avoid repainting, it is important to design indicators and strategies that use only data that is available at the time the indicator or strategy is calculated. This can be achieved by using functions such as sma(), wma(), and ema(), which use only historical data to calculate their output. It is also important to test indicators and strategies thoroughly to ensure that they do not exhibit repainting behavior.
Both the Strategy and Study include MarketGod v1, v2, v3, v4, v5, v6, v7, v8, v9, x² and Ichimoku God.
Percent profitable is a metric used in trading to measure the percentage of a trader's trades that were profitable. It is calculated by dividing the total number of profitable trades by the total number of trades, and expressing the result as a percentage. For example, if a trader made 100 trades and 60 of them were profitable, their percent profitable would be 60%. Percent profitable is often used by traders to evaluate the effectiveness of their trading strategy, and to compare their performance to other traders. A higher percent profitable typically indicates that a trader's strategy is effective and profitable, while a lower percent profitable may indicate that the trader needs to make adjustments to their strategy.
A trading indicator is a statistical calculation based on the price and/or volume of a security or other asset. It is used as a technical analysis tool to help traders identify patterns, trends, and potential trade opportunities in the market. Indicators can be based on various types of data, such as price, volume, and open interest, and can be plotted on a chart to help traders visualize the data and make informed decisions. There are many different types of indicators, including trend indicators, momentum indicators, volatility indicators, and oscillators, each of which can provide different insights and help traders make different types of trades. Some common examples of trading indicators include the moving average, relative strength index (RSI), and Bollinger bands.
The parabolic SAR (stop and reverse) is a technical analysis indicator used to determine the direction of a stock's price movement and to indicate when the direction is likely to change. It is calculated using the price, time, and volatility of a stock, and is displayed as a series of dots on a chart, either above or below the stock's price. If the dots are below the stock's price, it indicates an uptrend, and if the dots are above the price, it indicates a downtrend. When the position of the dots changes, it indicates a potential change in the direction of the stock's price. The parabolic SAR is often used by traders to determine when to enter or exit a trade.
If you have just registered for the trial, it will take up to 6 hours to be added. If you have just purchased, we aim to have you added within an hour at the longest.
MarketGod provides buy or sell alerts for users when a specific criteria has been met in the market. Price change to any percentage is not in the parameters for the alerts therefore does not always account for price changes
In trading, net profit is the total amount of money that a trader has earned after deducting all trading-related expenses, such as commissions, fees, and taxes, from their total trading profits. Net profit is an important measure of a trader's overall performance, and it is often used to evaluate the effectiveness of their trading strategy and to compare their performance to other traders. A trader's net profit can be calculated by subtracting their total expenses from their total trading profits over a given period of time.