BitcoinTradingRoom.com

Channel Sentiment Strat

saturation of short positions with less longs when the price is oversold on bollingers signals GO LONG... flip the logic for shorting

the logic is: when the market is saturated, no money is sitting on the sides able to move the price any further.

default settings tuned to XBT 5m
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact BitcoinTradingRoom.com for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Want to use this script on a chart?

Warning: please read before requesting access.