Bitcoin devil - Market segment indicator - higher timeframe

=== Description ===

We divided our strategies into four different market segments based on moving averages. Plotted over a daily and a 4-hour timeframe. Each one of our strategies is developed to work optimally in a particular market sentiment. Default lengths are our recommendations. Feel free to adjust and tweak the lengths of the moving averages to your own preference!

Red: Major trend Bearish

Green: Major trend Bullish

Purple: Secondary trend Bullish

Yellow: Secondary trend Bearish

Green/Purple: Bull Market

Red/Yellow: Bear Market

Green/Yellow: Sideways Market Bullish Sentiment

Red/Purple: Sideways Market Bearish Sentiment

=== Disclaimer ===

All strategies, templates and indicators presented by Bitcoin devil are created and optimized to aim at maximum profits. However, always preform your own research and risk assessment. Our back test results are only meant to give an indication about the performance of the strategy. Past performance does not guarantee future results. Use our products at your own risk. Bitcoin devil is not a financial advisor and not responsible for any losses. Before purchasing any of our products or services, please inform yourself with the Terms and Conditions on our website.

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.

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.

Want to use this script on a chart?