GT Energy Points Indicator
12/8/2023 UPDATE – We released v9 of our EP indicator.
This is a major re-write. We have integrated the ST & LT tools into one indicator. The overall functionality of the tool remains the same, but it is all administered from one settings page now. The biggest advantage to this is that we have to “force a re-paint” only once now, rather than twice. (Until pinescript developers fix a bug that does not allow lines drawn in the future to dynamically update, we are forced to manually force the update every 5-10 bars.) Forcing a re-paint is easy to do, and only becomes a pain-in-the-butt on very short term charts, where 5-10 bars means every 10 minutes or so…
So, if you are using v9, you no longer need to use the GT EP LT tool. It is now redundant….
We have recently discovered that pairing the TradingView Crypto screening tool and the GT EP tool together, makes a very powerful tool. We encourage you to investigate that combination!
If anyone is aware of any other indicator with a more accurate timing solution, feel free to bring it to our attention. We believe there is none. Anywhere. This is the first truly time-based indicator ever available to the masses.
Happy Trading!
10/13/2023 UPDATE – We released v8.1 of our EP indicator.
We have further simplified the user interface, and added tables to the chart, which give information on the settings and the number of hits on the forecasted bars. We also added a 2nd tool with the same basic functionality. One is defaulted to using short term pivots, and the other is defaulted to use long term pivots for the calculations.
See below, where we posted a forecast in our public telegram chatroom last night (10/12/2023), and the same chart this morning. The EPs were PERFECT.
If anyone is aware of any other indicator with a more accurate timing solution, feel free to bring it to our attention. We believe there is none. Anywhere. This is the first time-based indicator ever available to the masses.
everything you need to know to get started is here:
A 15 minute demo / overview of the features of the GT Energy Points indicator, version 8.
10/5/2023 UPDATE – We released v8 of our EP indicator.
This is a major re-design of the user interface. The EP methods working in the background are the same as before, but we have removed the histogram at the bottom of the page, putting lines directly on the chart. This enables us to also put pivot labels on the chart, so you can see exactly which pivots the indicator is using.
We have also implemented an ‘easy mode’. This is the default setting, and only shows the EP forecasts which got the most hits. This can be changed with a click of the button if you would prefer to see all the hits, but the default ‘easy mode’ works pretty well.
This indicator is now, in our humble opinion, the most valuable pinescript indicator EVER, as it is the only indicator that we are aware of that allows us to focus primarily on time. As you may know, WD Gann was of the opinion that getting time right is job #1, and we quite agree.
9/22/2023 UPDATE – We released v7.35 of our EP indicator. We have now incorporated 6 of the GT EP methods into the tool. This version has now included the “AddPrice” method.
USER GUIDE
We have now included all the major GT EP methods into this tool, with the notable exception being Astro. This last piece is quite complicated and may take some time to realize. In the meantime, this indicator is now, in our humble opinion, the most valuable pinescript indicator EVER, as it is the only indicator that we are aware of that allows us to focus primarily on time. As you may know, WD Gann was of the opinion that getting time right is job #1, and we quite agree.
To the best of our knowledge, when it is done it will be the FIRST EVER trading strategy based primarily on time, instead of solely on price as are virtually all other indicators/strategies.
This pinescript tool will dramatically impact your trading. You will be able to see at a glance exactly when you should be paying strict attention to your chart. Depending on the timeframe of your chart, you will see forecasted turning points weeks, days, hours or minutes ahead of time. As GT students know very well, Energy Points (EPs) do not specifically indicate the direction of a move. They do however suggest when an influx of energy into the market is due. Having said that, much of the time the direction of a move is obvious to a trader who can see where support and resistance lies. If, for example, price has been falling and is now approaching key support AND an EP is at hand, a trader will likely take a long position with a fairly high degree of confidence.
Oftentimes price may have been moving sideways for an extended period, and many traders may be getting bored with the trading chart. But armed with this indicator, and seeing an EP fast approaching, you will know it is time to start paying attention. Then, as soon price begins to make a confirmed move in either direction, a trader may enter a position, knowing that the chart (may have) tipped it’s hand about the direction it now intends to march.
9/2/2023 UPDATE – We released an update to our EP indicator. We have added several EP calcs, which should give us a better forecast. However the additional calcs also brings more ‘noise’. So we suggest that you increase your lookback value to reduce the amount of noise. (Our 5 minute charts have lookbacks as high as 250.)
This pinescript tool will dramatically impact your trading. You will be able to see at a glance exactly when you should be paying strict attention to your chart. Depending on the timeframe of your chart, you will see forecasted turning points weeks, days, hours or minutes ahead of time.
As GT students know very well, Energy Points (EPs) do not specifically indicate the direction of a move. They do however suggest when an influx of energy into the market is due. Having said that, much of the time the direction of a move is obvious to a trader who can see where support and resistance lies. If, for example, price has been falling and is now approaching key support AND an EP is at hand, a trader will likely take a long position with a fairly high degree of confidence.
Oftentimes price may have been moving sideways for an extended period, and many traders may be getting bored with the trading chart. But armed with this indicator, and seeing an EP fast approaching, you will know it is time to start paying attention. Then, as soon price begins to make a confirmed move in either direction, a trader may enter a position, knowing that the chart (may have) tipped it’s hand about the direction it now intends to march.
Is this for real?
No hyperbole. No false excitement. No marketing gimmick. Just facts. This is coming from the only Trading School we are aware of that has consistently called out major market turns that others completely missed. Such as the Nov 2021 Bitcoin high, which we PUBLICLY called, just a week or two after the high was in.
In Truth, we fully expect this to be, perhaps, one of the most valuable indicators in Pinescript history. And it is only version 1. In short order we will add other GT EP forecasting techniques to this indicator and watch it’s power multiply. It has taken many months to get this script working, but it was well worth the time and effort! Now that the core code has been worked out, we expect future versions will roll out fairly quickly.
GT Energy Point tool will be made available as an invite-only tool on Tradingview. Out of a sense of loyalty GT has to it’s alumni, they will be offered a discounted price for the tool. But this student discount will only be available for a limited time. So, pay attention and spread the word to other GT Students if you are still in touch with any.
Because we know that once people have used this tool they will likely not want to trade without it, we will let all users use it for free for 14 days, no credit card needed, no obligation or commitment, to evaluate it. In fact, we will not let anyone subscribe to this tool until after they have taken the 14-day trial. This way everyone will know exactly what they are getting for their money.
How to Access the free 14-day trial:
Send your Tradingview username to: jim@geometricthinking.com
Include “Start my free trial” in the email subject line.
BE SURE TO INCLUDE YOUR TRADINGVIEW USERNAME
It may take a number of hours to get you setup, but we’ll get it done. Once you are setup you will be able to access the tool by going to the indicator panel, and clicking on the “Invite-only scripts” tab on the left.
Ready to Subscribe?
You must take the 14-day free trial prior to subscribing, as there will be no refunds given. 2 weeks is plenty of time to take her for a test drive, and kick the tires first…
We prefer to receive payment in the form of one of the major crypto coins, but for those not interested in crypto, paypal is an acceptable alternative.
Either way, the cost will be:
- $125 for 3 months
- $225 for 6 months
- $400 for 1 year
I know that some will say: “It’s too expensive.” For those trading leveraged, i.e. most day traders, then a single trade will likely net you either a gain or a loss GREATER than the cost of a 3 month subscription. So, is it too expensive, or is it way too cheap?
Geometric Thinking students/alumni will be extended a 50% discount, for the first year.
Crypto or paypal accepted
Follow up with an email to: jim@geometricthinking.com.
Include: “GT Energy Points payment” in the email subject indicating which coin you will be paying with. We will reply with an appropriate address.
If you would prefer to pay by paypal, let us know and we will send the paypal information you need.
Coins accepted:
- Bitcoin
- Bitcoin Cash
- Ethereum
- Monero
- XRP