PROTECTED SOURCE SCRIPT
BatTrend2
This script can be used two ways:
First, it can be used as an indicator of where buyer and seller exhaustion is likely to occur on Bitcoin. Red bars indicate buyer exhaustion, which means the price is likely to come down. Green bars indicate seller exhaustion, which means the price is likely to go up. A parabolic candle in the opposite direction of the indicator will usually invalidate the signal.
Second, assuming you plan to enter a position in multiple lots, it can be used as an indicator of where to build or exit your position.
I’ve only tested it on the 4 hour but it seems to work well on the daily. On parabolic runs up or down you will get false signals as the bears and bulls battle it out, so use the signals intelligently.
First, it can be used as an indicator of where buyer and seller exhaustion is likely to occur on Bitcoin. Red bars indicate buyer exhaustion, which means the price is likely to come down. Green bars indicate seller exhaustion, which means the price is likely to go up. A parabolic candle in the opposite direction of the indicator will usually invalidate the signal.
Second, assuming you plan to enter a position in multiple lots, it can be used as an indicator of where to build or exit your position.
I’ve only tested it on the 4 hour but it seems to work well on the daily. On parabolic runs up or down you will get false signals as the bears and bulls battle it out, so use the signals intelligently.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.