BTC - Corrections in Bull-market — Indicator by dakixr

-This indicator is tailor-made for BTC-

Based on his historical data in bull markets:

If the indicator turns red the probability of a correction is 82% in the short term.
Else the probability of prices continuing climbing is higher.

Release Notes:

New buy region and a refreshed look

Release Notes:

Now it works in all timeframes, no need to use it in weekly mode anymore.

Release Notes:

Updated Bull market detector

Release Notes:

Added pi cycle top indicator

Release Notes:

Visual changes on top cycle indicator.

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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