Usually tradingview indicators via pinescript cannot be equipped with Artificial Intelligence. But this code I am creating measures how well past buy/sell signals correlated with subsequent BTC moves and adjusts the signal threshold dynamically, it's the closest thing I could program that 'learns' from past events and tries to become better.
It compares Bitcoin to competition with the US dolar yields on the 5,10 and 30 year bonds. My theory is that large traders would get into such bonds if their yield is high enough instead of risking it on risky assets such as Bitcoin.
This is giving me good entry points for Shorting or Longing a short term trade. This indicator is NOT for long term trading or DCA'ing. It just gives signs when bitcoin is over extended and thus a short is in play or when it is oversold and longing with leverage would be ok.
8 indicators, adaptive signal suppression, and a dynamic weighting system that shifts confidence based on what's actually worked historically.
I am not 100% confident with this version, hence it's in BETA mode, but I will keep working on it.
The Code is released in the first comment below this post, complete Transparency, completely for FREE.
Just copy and paste it in your pinescript editor and please let me know what you think and if you understand code let me know how I can improve
The code, as is expected with such a complicated indicator, is a bit on the longer side and it takes time to run, but when it does I assure you, you'll remain impressed
Code in first comment 👇