BTC shows a Volume-Volatility pattern! Look for confirmation!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
My brand new volume -indicator shows that volume and volatility are significantly higher relative to the previous periods. (Black Candlesticks ) In addition to that Bitcoin is trading in the zone 8670 - 8560.

If the pattern of Volume and Volatility continues we might find opportunities to enter long. A black candlestick in itself is not a signal to enter long, it's the first sign that long opportunities are coming. Look for confirmation!

However, since this is the first version of the script I have not made an extensive evaluation of the indicator yet.

The Blue labels are generated signals within this code.

I look forward to seeing what's coming now!

The information contained in this idea does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Only for education purposes!



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