NOTE: Only works on BTC All testing was done on 1hr Timeframe. Past performance Is no guarantee of future results. This is a experimental indicator - use at your own risk.
This is an experimental backtest strategy for the original DepthHouse BTC Momentum Oscillator
The idea of this is to aid traders in finding the best indicators settings to match their trading style.
---BTC MO SIgnals--- Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the market Tops & Bottoms: Signals used to help spot where BTC 0.96% momentum may have topped or bottomed out Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting--- Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6) Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal Custom: Allows user adjustments of all settings Displayed: (17,32,45,7)
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I like this indicater