Momentum-Based Bitcoin Strategy

Momentum-Based Bitcoin Strategy with Multi-Timeframe Confirmation
This Pine Script strategy is designed for Bitcoin traders looking to capture momentum-driven breakout moves and potential reversals. The script leverages key technical indicators such as moving average crossovers (EMA-20 and EMA-50), MACD crossovers, and RSI oversold conditions to generate buy signals. It integrates multi-timeframe analysis by confirming trends on higher timeframes (e.g., daily) while executing entries on lower timeframes (e.g., hourly).

Key Features:

Multi-Timeframe Analysis: Confirms higher timeframe trends before entering trades.
Momentum Signals: Moving average and MACD crossovers for breakout detection.
Dynamic Risk Management: ATR-based stop losses for position sizing and volatility control.
Alerts: Push notifications for both entries and exits to stay updated in real time.
Use Case: Ideal for momentum traders who want to combine technical confluence and dynamic risk management to capture breakout movements and limit downside risk effectively.