Altcoin Exit Signal👉 This indicator is designed to help traders identify optimal times to sell altcoins during the peak of a bull market. By analyzing the historical ratio of the "OTHERS" market cap (all altcoins excluding the top 10) to Bitcoin, it signals when altcoins are nearing their cycle peaks and may be due for a decline. This is a good indicator to use for smaller altcoins outside of the top 10 by marketcap. Designed to be used on the daily timeframe.
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👉 HOW TO USE: Historically, when the white line touches or crosses the red line, it has signaled that the top of the altcoin market cycle is approaching, making it an ideal time to consider exiting altcoins before a potential decline. While the primary focus is on smaller altcoins, this tool can also be useful for larger coins by identifying trends and shifts in market dominance. The indicator uses a predefined threshold tailored for smaller altcoins as a key signal for an exit strategy.
Disclaimer: As with all indicators, past performance is not indicative of future results. Cryptocurrency trading involves significant risk and can result in the loss of your investment. This indicator should not be considered as financial advice, nor is it a recommendation to buy or sell any financial asset. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies is speculative and inherently volatile, and you should only trade with money you are willing to lose.
ALT-COIN
Scalping The BullNome: Scalping The Bull (Indicatore)
Categoria: Scalping, Trend Following, Mean Reversion.
Timeframe: 1M, 5M, 30M, 1D, secondo la conformazione specifica.
(follow description in english)
Analisi tecnica: l’indicatore supporta le operatività descritte nei video di YouTube del canale “Scalping The Bull”. Di norma si basa su price action e medie mobili esponenziali.
Le varie tecniche che possono essere usate insieme all’indicatore sono sintetizzate nei settaggi dell’indicatore e si può fare riferimento ai video specifici per la spiegazione completa.
Utilizzo consigliato: Altcoin che presentano forti trend per scalping e operazioni intra-day.
Configurazione: È possibile configurare lo strumento in maniera semplice e completa.
Medie:
Medie per mercato: e’ possibile utilizzare le medie mobili esponenziali (EMA) esclusivamente per il mercato Crypto (5/10/60/223).
Media addizionale: e’ possibile visualizzare una media aggiuntiva, e.g. a 20 periodi.
Elementi del grafico:
Sfondo: segnala con lo sfondo del grafico in verde una situazione di uptrend ( EMA 60 > EMA 223) e in rosso sfondo rosso una situazione di downtrend (EMA 60 < EMA 223).
Separatori di sessioni: indica l’inizio della sessione corrente.
Punti Trigger:
Massimi e minimi di oggi: disegna sul grafico il prezzo di apertura della candela daily e i massimi e i minimi di giornata.
Massimi minimi di ieri: disegna sul grafico il prezzo di apertura della candela daily, i massimi e i minimi del giorno prima.
(English description)
Name: Scalping The Bull (Indicator)
Category: Scalping, Trend Following, Mean Reversion.
Timeframe: 1M, 5M, 30M, 1D depending on the specific signal.
Technical Analysis: The indicator supports the operations described in the YouTube videos of the channel "Scalping The Bull". Usually it is based on price action and exponential moving averages.
The various techniques that can be used in conjunction with the indicator are summarized in the indicator settings and you can refer to the specific videos for the full explanation.
Suggested usage: Altcoin showing strong trends for scalping and intra-day trades.
Configuration:
Exponential Moving Averages
Per market: you can display averages exclusively for the Crypto market (5/10/60/223).
Additional Average: You can display an additional average, e.g. 20-period average.
Chart elements:
Session Separators: indicates the beginning of the current session.
Background: signals with the background in green an uptrend situation ( 60 > 223) and in red background a downtrend situation (60 < 223).
Trigger points:
Today's highs and lows: draw on the chart the opening price of the daily candle and the highs and lows of the day.
Yesterday's highs and lows: draw on the chart the opening price of the daily candle, the highs and lows of the previous day.
