OPEN-SOURCE SCRIPT
Updated BTC Golden Bottom with Adaptive Moving Average
Introduction:
This study uses Adaptive Moving Average with 1 year of length to plot on
BTCUSD all time history Index Calculated by Tradingview. All previous BTC bear runs bottomed on this curve which makes it important enough. Use this only on "BTCUSD"
Default Values:
This study uses Adaptive Moving Average with 1 year of length to plot on
BTCUSD all time history Index Calculated by Tradingview. All previous BTC bear runs bottomed on this curve which makes it important enough. Use this only on "BTCUSD"Default Values:
- AMA length is 1 year
- Minor length is 50
- Major length is 100
Release Notes
Added Envelop Bands with ATR multiples of Fibonacci levels for in depth status of present data depending on past history.Release Notes
Updated Envelope bands code with Color.rgb and applied Symmetrically Weighted Moving Average (SWMA) for Smoothness.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.