CoinRotator
MINT:
zora.co/collect/base:0xdb20e21c95f9b3b1ffb98e765b6664aaf4d6aef6
The CoinRotator Tradingview Indicator is an alert tool that helps identify favorable trade conditions on the chart. Designed to work with the daily coin screener seen on Coinrotator.app each day. It is not a standalone trading system, and traders should deploy proper risk management strategies when leveraging its power.
Indicator Overview
• The indicator uses bands as support and resistance levels, and it is primarily designed to trade with the trend.
• The midline of the indicator can also function as a support or resistance level and can be used as an invalidation point or a target.
• The indicator uses green and red triangles to signal long and short entry points, and orange triangles to signal exit points for both long and short positions.
How to Use
● Confirm the trend status of the chosen coin on Coinrotator.app and check the daily chart for complementary signals within the past 1-2 days.
● Enter a trade on a lower time frame setup based on the alert signals provided by CoinRotator.app.
● Once a trade is in profit, wait for an orange triangle signal to exit the trade.
● Traders should use the middle band as a balance point and try to take trend trades only when the price agrees with the middle band.
● Traders can find more information on how to enter and exit positions effectively using the CoinRotator Indicator in the discord.
DCA Technique
● Buy only when orange triangles appear on the 4hr timeframe or higher.
● Wait for the opposing trend condition with orange triangles in the outer bands.
Mean Reversion Technique
● Wait for the price to enter the outer bands.
● Probe against the trend once an orange triangle appears and the next bar has begun.
● Use wide stops and lower position size.
Risk Warning
The CoinRotator Tradingview Indicator can be a useful tool for identifying favorable trade conditions, but it should not be used as a standalone trading system. Traders should always deploy proper risk management and combine it with other high-time-frame CoinRotator trend alerts for maximum benefit.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AresTV directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AresTV directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.