INVITE-ONLY SCRIPT
DepthHouse BTC Momentum Oscillator [BTC MO]
NOTE: Only Works on BTC.
All testing was done on 1hr Timeframe
This is a experimental indicator - use at your own risk.
DepthHouse *BTC Momentum Oscillator is an *advanced tool to help determine *Bitcoin Market Momentum.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the market
Tops & Bottoms: Signals used to help spot where BTC momentum may have topped or bottomed out
Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting---
Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6)
Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal
Custom: Allows user adjustments of all settings
---Built-in-Alerts---
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
All testing was done on 1hr Timeframe
This is a experimental indicator - use at your own risk.
DepthHouse *BTC Momentum Oscillator is an *advanced tool to help determine *Bitcoin Market Momentum.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the market
Tops & Bottoms: Signals used to help spot where BTC momentum may have topped or bottomed out
Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting---
Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6)
Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal
Custom: Allows user adjustments of all settings
---Built-in-Alerts---
- Tops
- Bottoms
- Bearish Divergences
- Bullish Divergences
- Signal Line Crossovers
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
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Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
Penafian
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