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XBT Fader [NeoButane]

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Proof of concept indicator. Intended usage: to create confidence in buying a dump, or selling a pump. This is not a trending tool.

It works by monitoring spikes in volume as well as abnormally ATR. Generally speaking, bitcoin reverses every time there's a one candle spike with no following volume. There is a limit in which a signal is triggered in case bitcoin continues running. Other preventive measures include a modified MFI and fairy dust.

In future iterations, take profits and stop losses will be implemented also based upon average candle percentage move rather than ATR.

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Bug fixes

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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.