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MastersOfTrading
Jul 27, 2020 9:00 PM

MoT - [Analyst Pro] - Market Phases 

Bitcoin / United States DollarCoinbase

Description

**THE INDICATOR**

Here we have Market Phases which shows you if the market is ranging, trending long, or trending short, short-term as well as long-term, in this instance we can see short and long term are trending long.

The indicator plots market phase direction:

a) Short Term and b) Long Term with a clear indicator following price


**THE CHART**

BTCUSD on the 4 Hourly Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel, we have the Crypto Coefficient.

- On the chart we have Market Phases which shows you if the market is ranging, trending long, or trending short, short-term as well as long-term, in this instance we can see short and long term are trending long

- The Bottom Panels are WhippTrend (4HR) and Wave Count. Wave Count gives you the average Wave Count for Whipp Trend in relation to a higher Time Frame and the current Time Frame.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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