PROTECTED SOURCE SCRIPT
Updated vol_def_v.1.1
This script works with incoming volumes. Incoming volumes reflect with certain signals (light, middle and strong). Sensitiveness of signals available in settings.
Red signals - better point to close position, green signals - to open positions. For better way of using the script - taking positions on green signals (part by part) and the same way for closing positions on red signals.
The script has an additional option for to analyze global view on bitcoin cycles on 1w. This global function works for altcoins too (1w).
How to use the script?
* First - you have to choose comfortable timeframe.
* Second - you have to adjust sensitivity of algorithm from 1.3 to 4 (in settings) until you don’t get right quality of signals.
For additional global option just switch 1W timeframe on, green zones mean oversold zones, smiles mean high opportunity to see bullrun.
Red signals - better point to close position, green signals - to open positions. For better way of using the script - taking positions on green signals (part by part) and the same way for closing positions on red signals.
The script has an additional option for to analyze global view on bitcoin cycles on 1w. This global function works for altcoins too (1w).
How to use the script?
* First - you have to choose comfortable timeframe.
* Second - you have to adjust sensitivity of algorithm from 1.3 to 4 (in settings) until you don’t get right quality of signals.
For additional global option just switch 1W timeframe on, green zones mean oversold zones, smiles mean high opportunity to see bullrun.
Release Notes
Bug fixesRelease Notes
- alerts are modified;- RSI indication added.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.