- Changes are live already.
- Delete the Web3Quant indicator from your charts and re-add it. Also, close the browser or your app and restart and it should work.
All the previous indicator features work just as before.
- Everything has been standardized and optimized for 4-hour timeframe.
- Support/resistance lines are improved.
- Cleaner signals. More noticeable on ultra-low timeframes (15min/30min).
This is particularly useful for swing/scalping/degen style trading.
I will write a separate How-to guide for this.
For seasoned traders most of it will be intuitive but for those who are beginners what you need to know
Optimized for 4H does not mean it's for day trading.
if you are only interested in medium/long-term big picture trades
then everything is the same as before.
Just keep the resolution to CHART (which by default anyway)
and run the indicator on 4H timeframe. Thats it.
With the new changes whatever signals you used to get on a weekly (in the first version of web3quant) and then daily
now has further improved to get on 4H timeframe.
also standardizing everything to a single timeframe ensures there's no more guesswork in figuring out the optimal timeframe for different assets.
Now you can focus on just sizing your trades. rest of it can be mechanical.
NOTE: pros are still free to choose a lower timeframe or resolution of their liking. 15min/30min are good. play around and see what suits your style.
Here are some of the results
I've covered some crypto, crypto stocks, tradfi stocks, SP500, Bonds, USD to show a variety of assets.
It's the same indicator output without changing any settings.
running on a 4H timeframe.
** Web3Quant is not registered with any financial regulatory agencies. Web3Quant content is purely for research, education, and entertainment purposes and should NOT be considered personalized financial advice. Do your own research and consult your financial advisor.**