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DepthHouse BTC Momentum Oscillator [BTC MO]

2489
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---
  • 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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.