PROTECTED SOURCE SCRIPT
Wmd4x BTC Open V1
Traditional markets have the advantage of being closed on weekends and/or overnight so opening ranges are easily recognisable
Identifying the same for a market that never sleeps requires further investigation
It appears that the price range which forms on Monday's between 8am and 12pm (UK Local Time) is pivotal for Bitcoin
And it shares the characteristics of opening ranges in traditional markets
So can be used on an intra-week basis to chase breakouts, identify SR, flip bias and trade invalidation
This indicator plots that range
Identifying the same for a market that never sleeps requires further investigation
It appears that the price range which forms on Monday's between 8am and 12pm (UK Local Time) is pivotal for Bitcoin
And it shares the characteristics of opening ranges in traditional markets
So can be used on an intra-week basis to chase breakouts, identify SR, flip bias and trade invalidation
This indicator plots that range
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Everybody gangsta until the market open
wmd4x.com
wmd4x.com
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.
Everybody gangsta until the market open
wmd4x.com
wmd4x.com
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.