BTC IS UP SOON
2024-12-23
Category: None

BTC has entered the support zone. Currently waiting for the 1-hour entry signal (built a new indicator). RSI 1-hour divergence, would be cool to see it also on 4h.

It gets bullish with a good entry soon. RM 1N6 pretty ok swing.

Indicator.

I’ve built a custom trend-based indicator that provides buy/sell signals with 80% efficiency. With a solid risk management (RM) strategy that includes simple stop-loss (SL) and stop-loss exit (SLX) rules, it can achieve near 100% effectiveness. It works across all timeframes—you just need to analyze each timeframe before entering a trade. The indicator highlights potential reversal zones based on the current trend and within 1 candle, making it ideal for scalping but also effective for longer positions, such as swing trading.

I’m still refining it, but unfortunately, TradingView (TW) isn’t the best platform for this type of code, so I’ll be exploring other options to complete the development of this trend-based signal indicator.

I'll post an example with open position to show it works within the next setup up if you are interested. 

Let me know.



