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Bitcoin Flow Trend System[LeonidasCrypto]

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This indicator was designed just for Bitcoin

Summary:

This indicator is a trend following indicator using Bitcoin and USDT.D as contrarian indicator the theory is when USDT.D is bullish Bitcoin is bearish when USDT.D is bearish BTC is bullish.

How to read this indicator.

This indicator is using ATR for helping this line can be used as trailing stop or Stop Loss.

When the ATR is crossing the candle this could be a potential reversal of the trend.

Example: Downtrend Reversal

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Example Uptrend Reversal

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Limitations:

Like many other trending systems this indicator will trigger fake signals when the market is in sideways. Please combine this indicator with other tools to get better results



Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.