Configuration (1.5.4)

Don't miss the tutorials in screencast section!

Usage

• Add HODL SR from TradingView Marketplace Addons to your chart.
• Switch to Monthly timeframe and check if All Time High is present in graph. If not, find the correct value from alternative resource.
• If ATH is present in data and current price is bellow that value, set 'All Time High' to 0 (zero)
• If ATH is missing, set 'All Time High' to correct value from alternative source.
• If ATH is present, but current price is higher (new ATH), set 'All Time High' to previous ATH
• Use Simple Strategy OR
  HODL Technical Analysis with HODL SR Advanced Techniques and
  START TRADING

Configuration (old version)

There is also screencast available. Click: Configuration tutorial.

Use this simple strategy with HODL SR and become successful trader in no time.

• Add HODL SR to your chart from TradingView Marketplace Add-ons.
• Adjust the properties as per documentation. Don't forget to turn on Show Buy Sell Levels.
• The strategy is simple: Buy / Long on green level, Sell / Short on red level.
  Never sell in buy area (between buy level and lower SR level) and never buy in sell area (between sell level and upper SR level).
• Place your limit orders in advance and cancel them only if you spot extraordinary market behavior (pump, dump, news, …). In that case, you are on your own. Position yourself on the right side and wait for market to calm down.
• Watch for 50% levels as they can act as Support & Resistance levels too!
• If the price goes against you (ie: your Sell limit order executed, but the price goes higher to the next level), wait to be sure the next level holds. Don't rush or panic! When you are sure, resistance became support, place a limit order on green level or market buy if necessary (that should be a very rare occasion!) .
  Do the opposite when the price moves down.

HODL SR 1.6.0

Some minor optimizations and version bump for shared indicator

HODL SR 1.5.4

• new added new 'HODL levels' (now 6), to better fit some assets and timeframes
• new plot extended levels (upper and lower SR) with buy / sell and micro levels to easier apply Advanced Techniques
• new added property to show / hide Extended Levels (above and below Main SR)
• new removed uptrend property, you still need to specify All Time High (previously Highest High)
• new new default color scheme
• new complete code rewrite & cleanup
• new better compatibility with Alerts
• new compatibility with Strategy Tester
• new updated property labels with new naming scheme
• fix buy / sell levels are ploted correctly above and below main SR

HODL SR API

Access HODL SR levels for whatever asset you want. Create your own indicator, strategy or bot for whatever platform out there.

How to apply:

• Fill the API request form
• Enter exact tickerids from TradingView (3/account). Don't forget to include a provider (good: BITSTAMP:BTCUSD, not good: BTCUSD).If you don't know where to find the tickerid, let me know and I'll help.
• Enter IP address that will be accessing API
• You will receive API KEY & ASSET ID to access HODL API.

API

syntax

http://api.hodl.org/hodlsr.php?e={ASSET_ID}&l={HODL_LEVEL}&p={CURRENT_PRICE}&k={API_KEY}

{ASSET_ID} - HODL SR internal asset id
{HODL_LEVEL} - HODL SR Level. Same as on TradingView.
{CURRENT_PRICE} - current asset price
{API_KEY} - API Key

example

http://api.hodl.org/hodlsr.php?e=1&l=3&p=320.23&k=563f37c00378ad2bf2ad47bc7f79389e

JSON response

{ "203.53":1, "274.47":3, "359.37":1, "444.27":3 }

Format: "HODL SR Level Price":Importance
Importance is relative to other levels. 1 - normal level, >1 more important level.

API returns four main SR levels. Two levels above and two levels below the given price.
To calculate 50% SR level simply calculate the medium lev1 + (lev2-lev1)/2

Please cache the levels and make requests to API ONLY when the price enters new level.

API Request Form

• 10% off for yearly subscription
• 10% off for Bitcoin payments

HODL SR on TradingView

HODL SR is available as private shared script on TradingView. Submit a request and I will grant your TradingView username to use the script.

Facts:

• You can all apply for FREE 7 day TRIAL (even previous users).
• There will be monthly subscription only
• Monthly subscription is raised to 100 EUR / month (previous users are eligible for discounted price 70EUR / month)
• Payments are done through paypal only
• To cancel recurring Paypal subscription, just send me a mail
• I will limit number of issued subscriptions to avoid possible negative effects on markets.^*

^* I’m constantly monitoring HODL SRs impact on markets and I noticed that on certain markets, Hodl Levels became off spot and after removing from TradingView, accuracy returned back to normal. That’s why I will limit the number of subscriptions to ensure we all have an edge.

Due to increased usage, new HODL SR accounts are on HOLD! You can still apply, but be prepared to wait for few weeks. Please don't duplicate your applications or ask WHEN your account will be enabled. I add new accounts only and when everything is in balance.
Thank you for your understanding.

TradingView HODL SR request

Configuration

HODL Stick allows you to choose timeframe independant from the chart.

Sentiment and trendlines

If HODL Stick is pulling up and the price goes sideways or down, that's bullish sentiment.
If HODL Stick is pulling down and the price goes sideways or up, that's bearish sentiment.
Beware! If Hodl Stick pulls in opposite direction for too long, the bears (or bulls) can become exhousted and defeated.

Patterns

You can spot different patterns like Double Top / Bottom, Head & Shoulders, Bat, ...
Note that price action will react on patterns, but we can never tell how low or high it will go.
See the In Action section for more examples.

Divergence

You can also spot bullish and bearish divergences.
Note that price action will react on divergence, but we can never tell how low or high it will go.