Hellork

New H&S Pattern

MTGOX:BTCUSD   Bitcoin
5
Looks like another head-and-shoulders pattern starting. I'm anticipating some lower and higher over the next 8 to 20 hours as the pattern develops and will probably try to short a little off the top.

Experimental alpha scripts:

EMA Buy/sell indicator script tries to detect rounding of ema tops and bottoms. Needs fine-tuning for different time periods. Change length of ema1 and ema2 and adjust threshhold values in the script. pastebin.ca/2562432

RSI is handy for spotting divergence and trends, but I kind of like the red and green dots telling me when the RSI breaches the threshhold. pastebin.ca/2564365

Penafian

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