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AzureKn1ght

Bitcoin CME Retail vs Professionals MACD

AzureKn1ght  
Moving Average Convergence / Divergence (MACD) Volume Commitment of Traders (COT) Bitcoin (Cryptocurrency) cmefutures cmebitcoin
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macd volumestudies commitmentoftraders bitcoin cmefutures cmebitcoin

This is an interesting study using the data provided by the Bitcoin CME Commitment of Traders report.

The MACD plot the difference between the Retail Traders positions and the Professional Traders positions.

The general idea is that Professional Traders have a better read on the market than Retail Traders.

The signal line helps to identify the trend that it is moving in.

I believe that this plot helps to visualize the overall market sentiment better than the raw COT data.

Try it out and let me know what you think!
philson.io
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