Bitcoin Flow Trend System[LeonidasCrypto] — Indicator by LeonidasCrypto

trendanalysis movingaverage bitcoin bitcoinforecast

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

Example Uptrend Reversal

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

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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 LeonidasCrypto for more information, or follow the author's instructions below.

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Disclaimer

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Author's instructions

Free trial 2 weeks. Please send me DM to get more details.

Want to use this script on a chart?

Warning: please read before requesting access.