OPEN-SOURCE SCRIPT
BTC/USDT Volume-Based Strategy
Overview
There is a distinct difference between the buying pressure exerted by individual investors and the buying pressure of institutional or "whale" traders. Monitoring volume data over a shorter period of time is crucial to distinguish these subtle differences. When whale investors or other significant market players signal price increases, volume often surges noticeably. Indeed, volume often acts as an important leading indicator in market dynamics.
Key Features
This metric, calibrated with a 5-minute Bitcoin spot chart, identifies a significant inflow of trading volume. For every K-plus surge in trading volume, those candles are shown in a green circle.
When a green circle appears, consider active long positions in subsequent declines and continue to accumulate long positions despite temporary price declines. Pay attention to the continuity of the increase in volume before locking in earnings even after the initial bullish wave.
Conversely, it may be wise to reevaluate the long position if the volume is not increasing in parallel and the price is rising. Under these conditions, starting a partial short position may be advantageous until a larger surge in volume reappears.
There is a distinct difference between the buying pressure exerted by individual investors and the buying pressure of institutional or "whale" traders. Monitoring volume data over a shorter period of time is crucial to distinguish these subtle differences. When whale investors or other significant market players signal price increases, volume often surges noticeably. Indeed, volume often acts as an important leading indicator in market dynamics.
Key Features
This metric, calibrated with a 5-minute Bitcoin spot chart, identifies a significant inflow of trading volume. For every K-plus surge in trading volume, those candles are shown in a green circle.
When a green circle appears, consider active long positions in subsequent declines and continue to accumulate long positions despite temporary price declines. Pay attention to the continuity of the increase in volume before locking in earnings even after the initial bullish wave.
Conversely, it may be wise to reevaluate the long position if the volume is not increasing in parallel and the price is rising. Under these conditions, starting a partial short position may be advantageous until a larger surge in volume reappears.
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.