Indicators

Indicators

WolfBot comes with many built-in technical indicators. You can use & combine any of these indicators in your trading strategies.
One of WolfBot’s unique strengths is the ability to chain strategies of different candle sizes together (and each strategy can have as many indicators as required). This gives you the ability to easily configure your bot to “zoom in” on candlestick chart data. For example:

  1. Your trendline strategy that looks at 12h candles hits a low (support line) and sends a BUY signal
  2. Forward BUY signal to MACD strategy running on 1h candles looking for a buy momentum
  3. Forward BUY signal to RSI strategy running on 10min candles to wait for RSI oversold
  4. Forward the BUY signal to the trader & execute the trade

Popular technical indicators of WolfBot:

  • MACD
  • RSI
  • StochRSI
  • EMA
  • SMA
  • DEMA
  • Ichimoku Clouds
  • MFI
  • OBV
  • PivotPoints (Standard, Fibonacci and Demark)
  • ADX
  • Aroon
  • Bollinger Bands
  • CCI
  • KAMA
  • STC
  • VIX
  • VolumeProfile

Additionally WolfBot can recognize many candlestick chart patterns:

  • Doji
  • DragonFly Doji
  • GraveStone Doji
  • Morning Doji Star
  • Evening Doji Star
  • Morning Star
  • Evening Star
  • Bullish Engulfiing Pattern
  • Bearish Engulfing Pattern
  • Bullish Harami
  • Bearish Harami
  • Bullish Harami Cross
  • Bearish Harami Cross
  • Bullish Marubozu
  • Bearish Marubozu
  • Bullish Spinning Top
  • Bearish Spinning Top
  • Three Black Crows
  • Piercing Line
  • Dark Cloud Cover
  • Abandoned Baby
  • Three White Soldiers
  • Downside Tasuki Gap
  • Tri-Star Pattern: a signal of a possible trend reversal

For traders interested waiting for certain price levels at the chart, WolfBot also recognizes:

  • Upwards Fibonacci Retracements: the most popular tool by institutional investors to look for price levels of stops and for taking profit
  • Downwards FibonacciRetracements
  • Trendlines (Support and Resistance) on the candlestick chart