TheSocialCryptoClub

Scalping The Bull - BTC Chart for Trend Analysis

Name: BTC Chart for Trend Analysis

Category: Scalping, Trend Analysis.

Timeframe: 1M, 5M, 30M, 1D depending on the specific technique.

Technical Analysis: The indicator supports the operations of the trader named "Scalping The Bull" who uses BTC as an Index for Crypto trading.

Suggested usage: When trading on altcoins, to check whether or not they are trending with Bitcoin and whether those anticipate its movements.

It is therefore possible to see Bitcoin specifically if it makes red or green candles and how it is positioned with respect to the EMA 5, 10, 60, 223, however configurable from the panel.

Used in conjunction with Scalping The Bull Indicator or PRO Indicator, on the main panel.

Configuration:

EMA Length:
- EMA 1: by default 5, configurable
- EMA 2: by default 10, configurable
- EMA 3: by default 60, configurable
- EMA 4: by default 223, configurable

Colors can be modified from "Settings" > "Style"

Designed to be used with the following the indicator:

Release Notes:
- Added trigger point lines
- Added trigger point labels
- Added current price line

- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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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