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I reverse engineered IvanOnTech's MoneyLine indicator - its just a SuperTrend

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by COINS NEWS 12 Views

I kept seeing the MoneyLine pitched as a premium signal tool, so out of curiosity I spent a day working out what it actually is under the hood. Sharing because the method to figure this out applies to basically every "one line tells you when to buy and sell" product, not just this one.

What gave it away
The MoneyLine has exactly two states: flip up and flip down. Its scanner shows one thing per coin, bullish or bearish, plus how long since it flipped. That is the exact fingerprint of a single trailing trend filter and the most common one that behaves precisely like that is a SuperTrend.

What a SuperTrend is
A SuperTrend is a volatility band (ATR based) that trails price and flips when price closes through it. Green in an uptrend, red in a downtrend, one flip up, one flip down. It's built into TradingView and there are dozens of free public versions. You can add it to any chart in about ten seconds, no subscription, no account.

If you want to check a paid signal line yourself, just add a free SuperTrend, start near the standard settings (ATR length around 10, multiplier around 3), and nudge the multiplier until the flips line up with the paid one. If they match, you're looking at the same tool with a different coat of paint. This works for a surprising number of "premium" trend indicators.

Is Ivan a scammer?
Worth being fair. I'm not calling anyone a scammer. The only thing I'd push back on is the economics, as you'd be paying a monthly sub for a trend line you can add to any chart for free.

The part that actually matters for your trading
Here's the uncomfortable bit for anyone selling you the line. A bare trend flip, traded on its own, is not an edge. I backtested a plain SuperTrend flip out of sample and it was a net loser by itself (profit factor well under 1, roughly a coin flip minus fees). Don't take my number for it, the point is it's trivial to test on your own data. What makes trend systems work is the gating and risk around the line (regime filter, sizing, exits), not the line itself. So when a product sells you "the line" as the product, you're paying for the cheapest, least important part.

TLDR;
Before paying for any indicator, two questions: (1) What does this do that a free public indicator doesn't? (2) Can I see it tested with the losing periods included, not just the winning screenshots? If the answer to 1 is "nothing" and 2 is "no," you have your answer.

Curious if anyone here has pulled apart other paid crypto tools and found them to be repackaged free indicators. And if you use TradingView, try matching the MoneyLine flips to a plain SuperTrend on your own charts and tell me if they line up.

submitted by /u/soulstream4dayz
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