FAQ

Frequently Asked Questions

What is RSI?

The relative strength index (RSI) is a technical analysis indicator that measures the strength of a stock's price movement. It is calculated using the average gains and losses of a stock over a given period of time, and is displayed as a line graph with values ranging from 0 to 100. A stock with a high RSI is considered to be overbought, and one with a low RSI is considered to be oversold. RSI is commonly used by traders to identify potential buying or selling opportunities, and to confirm other technical analysis signals. It is calculated using the following formula: RSI = 100 - 100 / (1 + RS), where RS is the average gain of the stock over the given period divided by the average loss of the stock over the same period.

Why are my alerts inaccurate?

Depending on the market you are trading, adjust the settings to correct any errors you are consistently seeing from the alerts.

Why did my indicator not send a buy or a sell when the market price changed

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

When I search for the MarketGod Indicator in the Tradingview Public Library, a red-lock is next to the name and I am not seeing my access as granted. Why?

If you are using the search bar to find the MarketGod Indicators, stop. The indicators that are publicly published in the library are no longer supported. They were updated in September 2021 to consolidate all the versions into one. The only way to find the indicator and strategy is through the invite only section of the library. If you do not see the invite only section, we have not added you yet OR the name you've submitted is incorrect.

Why are my labels only showing up on the part of the chart?

If your labels are disappearing on a given chart, it may be related to Tradingview's limits on plots and labels.

How do I find the MarketGod Indicator on Tradingview?

From the homepage, click on ‘Chart’ in the top navigation bar. Select “Indicators” on the top-center-middle panel: In the indicator library, you will notice your tradingview account will now have a "invite only" section on the left-and side. The indicator and strategy will both be available to you. Tutorial: https://www.marketgod.io/tutorials/adding-marketgod

How do you add MarketGod to your chart?

From the homepage, click on ‘Chart’ in the top navigation bar. Select “Indicators” on the top-center-middle panel: In the indicator library, you will notice your tradingview account will now have a "invite only" section on the left-and side. The indicator and strategy will both be available to you.

I received a notification from Tradingview, and there is no signal painted on the chart?

Ghost alerts occur when users have outdated alerts. These events happen when users have not cleared their alerts after a recent update to the indicator on their chart & therefore, they are receiving alerts for an older version.

What is a trading indicator?

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.

Which Markets Can I Apply MarketGod On?

We've designed MarketGod to work on all of them. If a ticker is available on our partner's site, we can analyze the data and apply the algorithm.

Can I use these indicators with a Free Tradingview account?

You can use all of our indicators with a free account, but keep in mind that you can only set up one live alert with a free account and only have up to three indicators on your chart active at one time. With a Pro account, you can set up multiple alerts and have up to 10 indicators on your chart at one time. I recommend a PRO+ account, which will give you more than enough alerts and indicators on your chart.

If I change my Tradingview Username, will it affect my MarketGod permissions?

Yes, any changes to your Tradingview username will directly impact your MarketGod permissions and access to the indicator. We are happy to update them accordingly just email our support team → support@marketgod.io

How are the MarketGod Signals calculated?

The MarketGod indicator is based on a combination of technical indicators such as moving averages, oscillators, and volume data, to provide traders with buy and sell signals. The indicator is designed to help traders identify trends, identify potential entry and exit points, and manage risk.

What is Parabolic Sar?

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.

I've Recently Purchased. My Indicator Access Is Still Locked?

Please be sure you have provided us with your username for Tradingview to add you to the tool. If you have, Please check you have refreshed your browser, and move on to the next step. If you have not, Please email us your order confirmation, along with your Tradingview username, to support@marketgod.io.MarketGod for Tradingview [strategy]

What is percent profitability?

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.

Is MarketGod available in MT4 as well?

MarketGod is only on Tradingview at this time. Many users have found Chrome Extensions to convert our alerts into their MT4 or other automated needs but we are not aware of which ones specifically.

MarketGod shows a repainting warning when setting the alerts up

Since our indicator does not and will not repaint, its more than likely you've tried to set an alert on the strategy and not the indicator. Set the alert on the indicator to correct the issue.

What MarketGod Indicators Come in the Consolidated Study / Strategy?

Both the Strategy and Study include MarketGod v1, v2, v3, v4, v5, v6, v7, v8, v9, x² and Ichimoku God.

How do I upgrade my scripts?

If we have published an upgrade and you are looking to update your indicator, simply refresh the page and add indicator from the invite only section of your indicator library.

What does it mean if an indicator is Repainting?

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.

What time-frames does MarketGod trade on?

MarketGod v9 Recommendations BTCUSD Recommended Filter by Time Frame for Max Net Profit * 1D: 20 * 6H: 15 * 4H: 40 * 1H: 40 * 15m: 40 * 10m: 50 Recommended Filter by Time Frame for Max Percent Profitable * 1D: 20 * 6H: 5 * 4H: 50 * 1H: 35 * 15m: 50 * 10m: 40 * 5m: 50

What Comes With My MarketGod Purchase?

MarketGod for Tradingview Includes the MarketGod for Tradingview Study and the MarketGod for Tradingview Strategy

What is Max Drawdown?

In trading, max-drawdown is the maximum loss that an investment or trading strategy has experienced. It is typically expressed as a percentage of the initial investment or trading capital. It is used to measure the risk of a given investment or trading strategy, with a higher max-drawdown indicating a higher level of risk.

What is backtesting in trading?

Backtesting is a way of evaluating the performance of a trading strategy by simulating its performance on historical data. It involves applying a trading strategy to historical data to see how well it would have performed in the past, and it can be used to estimate the potential future performance of the strategy. Backtesting can be a valuable tool for traders, as it allows them to test their strategies on a large amount of data and to make more informed decisions about which strategies to use. It can also help traders to identify potential problems with their strategies and to make adjustments to improve their performance.

What is net profit?

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.

What is the MarketGod Indicator?

The MarketGod indicator is a technical analysis tool that is used in the stock market to help traders identify potential trading opportunities. It is a custom indicator that is available as a plugin for various charting platforms, such as TradingView and MetaTrader. The MarketGod indicator is based on a combination of technical indicators, such as moving averages, oscillators, and volume data, to provide traders with buy and sell signals. The indicator is designed to help traders identify trends, identify potential entry and exit points, and manage risk. It is important to note that technical analysis tools, such as the MarketGod indicator, are not a guarantee of future performance and should be used as part of a broader trading strategy. Traders should always do their own research and carefully consider the risks and uncertainties involved in any trade before making a decision.

Does MarketGod Repaint?

No

What is Repainting?

Repainting in the forex is a term that represents the trading platform indicator that repainting, meaning that indicator changes display on the chart as new price data (candles/bars) comes in. A repainting process shows that the indicator is displaying on the chart is highly accurate when it is not.

How long will it take to add me to MarketGod?

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.