BTC Lead(v3.32)
A 15-minute, BTC-focused lead/divergence indicator designed for simple execution: when a ▲/▼ appears, start scaling in with small clips; when a ■ (black square) prints, it means the indicator’s edge has weakened (not that the market trend is over). Real-time expected move label and alert templates included. Do not fade the signal—if you must try the opposite side, wait until a ■ appears.
How to read the signals
- ▲ Green → Long bias increased
- ▼ Pink → Short bias increased
- ■ Black → Edge weakened; consider taking profits/standing aside
- Multiple level markers on the same bar (L2/L3/L4) = stronger setup
Live label (top of chart)
A single line shows the Expected Move (%) with arrow and color-coded background (↑ green / ↓ pink) for instant direction clarity.
Tip: Use Replay to watch label → ▲/▼ → ■ sequences on past data.
Confidence filter (important)
- |Expected Move| < 1% → treat as noise / ignore
- If considering the opposite direction, wait for a ■ first (edge reduced).
Scope
- Internal calculations are fixed to 15-minute resolution.
- Built for BTC 15m. It may display on other crypto symbols/timeframes, but performance is not guaranteed.
Alerts
Ready-made conditions: ENTRY LONG / ENTRY SHORT / EXIT LONG / EXIT SHORT. Add an alert on this indicator and choose the condition you want.
Risk note
For research/education only. Past behavior doesn’t guarantee future results. Predefine position sizing, stops, and profit-taking, and execute consistently.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact xotjr8052 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact xotjr8052 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.