Arbitrage Level
With the help of Arbitrage Level, We can answer that question on whatever time frame you would like to trade.
How it works:
Just like a carpentry level, we want to know when there is more momentum up or down. So using momentum indicator (our red line) we can not only measure how fast it's moving but also in what direction.
So if the red line crosses over the dotted green line a new up trend should be beginning. If it crosses under it's time to go to cash.
Enjoy!
Sorry about that!
Defaults set.
Merry Christmas and Happy Holidays,
Your Arbitrage Trade Team
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 aixguru 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 aixguru 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.