All testing was done on 1hr Timeframe
This is a experimental indicator - use at your own risk.
DepthHouse BTC Momentum Oscillator is an advanced tool to help determine Bitcoin Market Momentum.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more momentum in the market
Tops & Bottoms: Signals used to help spot where BTC momentum may have topped or bottomed out
Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting---
Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6)
Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal
Custom: Allows user adjustments of all settings
- Bearish Divergences
- Bullish Divergences
- Signal Line Crossovers
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
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hope you enjoy! please feel free to message me with any questions!