Here is a documentation that explains in more detail everything that you may need to know.


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Signup, choose a Subscription and pay for the daily, monthly or annual recurring packages.


Once you subscribe your packages will auto renew at expiry.

You can manage your subscription renewal status in your account "Profile" section.

Your script access is only removed if your subscription expires.

Wait for Access

Please allow 12-24hrs for our team to grant you access to the scripts on, this is because they do not provide automation APIs, so we have to manually approve your access to your purchased scripts.

Add to Charts

Find Scripts

On Tradingview charts page, click on INDICATORS on the header and go to the INVITE-ONLY SCRIPTS

Add Script

Search for THISTLE and add the two scripts by "Thistlecapital" below:

We suggest viewing only one at a time and using the "eye" symbol on on the right of the script name to turn it off on the visible chart.

We recommend using only our INDICATOR for general use:
I^ Thistle ORACLE^

Click to see Tradingview Scripts

ORACLE^ Circles

Green Circle

Candle in daily range is Bullish, a sustained run of 3 green circles is a strong bullish sign. Wait for candle close above Trend line for confidence. (1 circle is enough as a direction indicator for the Daily timeframe chart)

Red Circle

Candle in daily range is Bearish, a sustained run of 3 red circles is a strong bearish sign. Wait for candle close below Trend line for confidence. (1 circle is enough as a direction indicator for the Daily timeframe chart)

Black Candle

Candle in daily range is indecisive, wait to open or close open positions until you get a change in color or continuation of the trend.


Works on all timeframes:
- Scalpers use 3m to 15m charts;
- Swing traders use 1H, and D charts;
- HODLers use 3D and weekly charts;

We recommend:
- Daily 1D chart to achieve 2-4% profit targets.
See our "Tested Trading Tip" at the end of this page;

ORACLE^ Trend Line

Green Trend

Market direction in macro time range is Bullish, try to only buy dips and dumps after exhaustion. Go long once green circles start.

Red Trend

Market direction in macro time range is generally Bearish, try to only sell top of the range and exhaustions of price pumps. Go short once green red start.

Yellow Trend

Market in macro time range is indecisive, wait for circles and trend color to change before opening trades.

Use with Circles

Use in combination with circles for best trade entries.


Enable Oracle Circles?

This displays the Oracle Circles on the chart.

Enable Coloring of Bars based on Oracle Circles?

This colors the bars to make it easier to visually see the Oracle Circles Trends.

Enable Trend Line?

This shows the overall trend momentum line to give you a strong indication on where the market is going.

Enable Support/Resistance Bands (Daily TimeFrame)?

An additional too to gauge the potential support or resistance zones.

Enable Enable Weekly & Monthly Open Lines?

An additional tool to gauge the potential market moves.

Moving Average Length

Use the moving average length you are accustomed to in trading. 200 length moving averages are very strong market indicators for bullish or bearish bounce zones especially on the Daily chart.

You can choose between SMA, EMA, WMA, TMA, VAR, WWMA, ZLEMA, TSF


Strategy Settings

Enable trade strategy & backtesting?

This enables the strategy and can send alert, whilst showing you backtesting results for testing.

Trade strategy based on?

ORACLE CIRCLES or TREND LINE: Bullish or Bearish Signals are sent based on either Oracle Circles or the change of color of Oracle Trend Line

Trade Time Period

EVERYDAY, WEEKENDS or WEEKDAYS: Limit trades to a specific period.

Position sizes increase with Equity Capital balance or fixed to Initial Capital setting?

EQUITY BALANCE or INITIAL CAPITAL: This allows the strategy to use the position sizes based on your equity balance and hence will increase positons as you make more profit. The 'Order Size' under Properties Tab determines how much of your equity you trade each time. This setting will use that % of your equity.

Martingale Settings

Enable Martingale multiplier strategy?

This will multiply your trade positions according to your choice of a previous trade Win or Loss, by 2 times each consecutive trade until it does the opposite or max limit is reached.

Multiplier applied when previous position was

WIN, LOSS or BOTH: Martingale approach is applied after either winning or losing a trade.

Max Martingale multiplier

1,2,4,8,16,32,64 - 16384: Once this martingale max value multiplier for each subsequent position size is reached, the multiplier will return to 1 and stay there until a new previous trade result change occurs again.

Take Profit / Stop Loss Settings

Enable Trailing Ticks (Otherwise Use % Only)

One of the most effective tools to lock in profits from your trades.

Trail Points (Ticks)

Only used if Trailing ENABLED above. How many points after the strategy will take profit.

Trail Offset (Ticks)

Only used if Trailing ENABLED above. Offset the trailing ticks.

Take Profit (%)

Used whether or not the Trailing is enabled above. Takes Profit when this % is reached.

Stop Loss (%)

Only used if Trailing DISABLED above. Triggers Stop Loss when this % is reached.

ORACLE^ : STRATEGY Backtesting

Analyse past results for better future performance.

Use our recommended parameters and test the past results with Tradingview strategy tab to identify the best settings for your chosen market symbol.


> 1H, D, 3D and W charts

> Activate Trailing Take Profit

> Set Take Profit as 10%

> Stop loss of 8%

> Adjust the Trailing Take Profit (PIPs) until you achieve a 4 - 6% profit range for every trade won.

Alerts System

Automation using Alerts Management

Tradingview's powerful alerts tool helps you to connect your trading decisions to third party software, servers and even just plain messaging to your devices so that you do not miss a trade again.

Json message format ready, allowing you to send coded messages to action trades automatically.

Provide your server URL and a Json format message for systematic order execution and automation based on your strategy rules.

Strategy Json message example

	"time": "{{timenow}}",
	"exchange": "{{exchange}}",
	"ticker": "{{ticker}}",  
	"order_action": "{{strategy.order.action}}",
	"bar": {
		"open": {{open}},
		"high": {{high}},
		"low": {{low}},
		"close": {{close}},
		"volume": {{volume}}

Indicator Json message example

	"time": "{{timenow}}",
	"exchange": "{{exchange}}",
	"ticker": "{{ticker}}",  
	"order_action": "buy / sell", //Your custom choice
	"bar": {
		"open": {{open}},
		"high": {{high}},
		"low": {{low}},
		"close": {{close}},
		"volume": {{volume}}
} fills in the double curly brackets paramaters automatically when it sends the message to your server URL.


Oracle^ Indicator powers our Trading AI^ bot.

Our Thistle Trading AI^ bot is a complex piece of engineering that all starts off with the Oracle^ Indicator. Here is some magic sauce to help you ensure you are a consistently profitable trader.

ORACLE^ Winning Formula

  • Use DAILY chart, trades open at midnight, close of day
  • On any market symbol
  • Open the trade only at the beginning of a new color of the circle and not a few days later.
  • Set alerts for Buy / Sell signals to execute as they they come in.
  • Change direction of your trade if the circle color closes in opposite direction.
  • Use only 5% of your account capital, with no more than 10x leverage
  • Set STOP LOSS at -2%, TAKE PROFIT at +2.5% - 10% depending on your market symbol volatility. Higher volatility tokens can reach higher profit targets.
  • Be very patient over days, use Stop losses and when profit targets are reached, used your exchanges trailing stop systems if available otherwise set a fixed Take Profit target.
  • If the trade goes against you, use the Martingale approach to double the position size and open it in the same direction again with exactly the same parameters above. Repeat until a win is realised.
  • This could take 1 - 7 days to realise your win. If you lose "4" times when doubling each time, then abandon trade and start again from original size as 1. DO NOT chase loses.
  • Our strategy achieves an average of 75-90% win rates depending on the market.
  • Test your own systems, be disciplined, it is a marathon not a race. Accumulate wins over months to be successful as a trader.

*This trading tip is just an idea we use with our own strategies based on experience, there is no guarantee it will work for you because trading is complex and many parameters are involved. You must develop your own system with patience, time and experience whilst integrating the indicator into your existing trading strategies only to provide additional confidence in your decision making process. Only trade with what you can afford to lose. You are responsible for your own trading decisions using these guides and tools.



Cryptocurrencies, securities and their derivatives can be innovative financial products with great volatility and high investment risks.

Although Thistle^ has been committed to providing users with easy-to-use trading tools, trading itself is still technically sophisticated. Trading digital assets and their derivatives is highly leveraged and risky and may result in partial or total loss of account funds. You shall carefully consider and exercise clear judgment to evaluate your financial situation and the aforesaid risks to make any decision on using Thistle^'s Technologies and Services, and you shall be responsible for all losses arising therefrom. Please consult relevant professionals to make informed decisions on whether and how to complete investment before you invest if necessary. By accessing, downloading, using or subscribing, buying or clicking on “I agree” to accept any Thistle^ Services, you agree that you have read, understood and accepted all of the terms and conditions stipulated in Thistle^'s Terms as well as our Privacy Policy.

Past performance of Thistle^ trading data is not a reliable indicator of your future performance. Content and technology on Thistle^'s platform does not contain advice or recommendations by or on behalf of Thistle^.

This tech access is not yet available in jurisdictions that require licensing or the use of this software constitutes to regulated activities. If you reside in these jurisdictions, access will not be granted until we obtain the necessary licenses to provide services in your country.