cryptomrdavis

Trend Direction v1 - by @cryptomrdavis -

cryptomrdavis Updated   
This little script helps you to get the right trend. It use two RSI - 1. current chart 2. total market cap.

Simple to use:

Blue line cross the orange line = bullish
Orange line cross the blue line = bearish

You can trade it that way or you wait for the bullish cross and sell it, when the line cross under 70 (or higher, depends on which levels you set).

Combine it with the Crypto Trading Helper to find better long or short positions.

This script doesn't plot any lines or buy signals.


Happy trading!

Regards,
CryptoMrDavis

*** use this tool on your own risk ***

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BTC: 1AxLVKpgYjMtQtcRmeuFbhQNVKWKmJ5EZy
ETH: 0x7b825fa752b9926D3E8397cDb1d9E5473D074646
XLM GAXUQJSW55C7MAC4GI26NZUGIKSHFDVFRFKZCXPLMPY4HCADSDT55XK6
BCH: qz57n04ud6mn42u00aymqkku8tfh0lk4jv9c28mjvv

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Release Notes:
Version 1.1

  • added Buy/Sell Signals
  • added buy/sell alert conditions
Release Notes:
1.2

  • made some tweaks
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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