BTCUSD
Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred.
squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming.
Using MACD and Volume TA, I was betting on the likelihood of a price breaking DOWN out of the consolidation wedge in the charted example.
TTM also lit up when the reversal was near, see arrows.
The optimal Short-sale price was lit up by GODMODE 3.1.4 PRIOR to the TTM providing conformation.
Using these indicators along with basic TA, you can have a higher confidence in your positions.
Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred.
squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming.
Using MACD and Volume TA, I was betting on the likelihood of a price breaking DOWN out of the consolidation wedge in the charted example.
TTM also lit up when the reversal was near, see arrows.
The optimal Short-sale price was lit up by GODMODE 3.1.4 PRIOR to the TTM providing conformation.
Using these indicators along with basic TA, you can have a higher confidence in your positions.
SNOW_CITY public chat room - Indicator Q&A
www.tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
www.tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R