Alpha - Bybit Directional Metrics — Indicator by AlphaBotSystem

volatility volumestudies trendanalysis bybit trading competition btcusd perp direction long short

This is only for BTCUSD contracts on the Bybit exchange.

Alerts are built-in and working.
No Repainting nonsense.

Important:

This indicator will ONLY work for the ticker it is built for. It will not plot if you try and apply it to a different ticker.

Features:

Select the prefered lookback length, either Short or Long. If looking for a more reactive means of calculation then use Short. If you want more data taken into account giving a greater average then use Long.
Green bar color represents a LONG opportunity
Red bar color represents a SHORT opportunity

This has been built specifically for @Rektproof for his trading comp so good luck fam. Killem.

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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