BTC Golden Bottom with Adaptive Moving Average — Indicator by MightyZinger

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Introduction:
This study uses Adaptive Moving Average with 1 year of length to plot on BTCUSD all time history Index Calculated by Tradingview. All previous $BTC bear runs bottomed on this curve which makes it important enough. Use this only on " BTCUSD "

Default Values:

AMA length is 1 year
Minor length is 50
Major length is 100

Release Notes:

Added Envelop Bands with ATR multiples of Fibonacci levels for in depth status of present data depending on past history.

Release Notes:

Updated Envelope bands code with Color.rgb and applied Symmetrically Weighted Moving Average (SWMA) for Smoothness.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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