Bitcoin Network Momentum is a leading indicator that relates On-Chain Transactional Volume (measured in BTC)with the evolution of the Bitcoin Price.
Further resources:
Woobull charts
Medium article
Credits: PositiveCrypto
Plots 20, 50 and 200 tick Volume Weighted MA and Simple MA.
The Volume Weighted MA tends to move before the SMA. I am seeing significant price movements on crypto charts near 50 VWMA crosses. As well, the 20-50 VWMA crosses. When the thicker lines ( VWMA ) are above or below the same color SMA, this divergence can also signal changes in trends.
This is my first...
//This is an invite and private only script for Personal Use.
//To avoid any Trademark violations, the official math rules and algorithms have been slightly optimized & name changed.
//Risk Disclosure :
//Futures, Forex, Stock, Crypto and Derivative trading contains substantial risk and is not for every investor.
//An investor could potentially lose all or more...
// Acknowledgements:
// Original Godmode Authors:
// @Legion, @LazyBear, @Ni6HTH4wK, @xSilas
// Drop a line if you use or modify this code.
// Godmode 3.1.4: @SNOW_CITY
// Godmode 3.2: @sco77m4r7in and @oh92
// Godmode3.2+LSMA: @scilentor
// Godmode 4.0.0-4.0.1: @chrysopoetics
// Jurik Moving Average: @everget
// Minimal...
Protected.
Price action analysis.
Gray = No signal, do nothing
Blue = Exit Position (may just move from buy to sell and skip this depending on price action)
Green= Buy
Lime (brighter) = Strong Buy
Maroon= Sell
Red (brighter) = Strong Sell
The Price Action Balance line or the Long Term Trend line (yellow) can either be used for stop/reversal placement, triggered on close.
Here is a second Elliott Wave Count helper of mine, based on volume momentum this time.
I show it with the other one i just published because i suggest to use them together when counting gets rough. I chose AWR
as example cause i find it always somewhat difficult to identify the waves.
(It even took me a while to find 2h as a better frame than 1d.)
See how both...
Used to calculate average premium on shorts.
Choose index and contract tickers & you are good to go.
Analyze for each asset what PA premium on a certain side leads to.
Use this to get an understanding for HTF bias.
Using Market Facilitation Index - MFI you will be able to recognise two important metrics:
Whether the current trend is strong enough to trade it.
When a new trend may start.
MFI combines changes in price (range) and volume. Here is the formula:
MFI = (High – Low) * Volume
The indicator has bars of four colours. Each colour has a specific meaning and shows...
![AWR: EW Counthelp on Vol.Momentum [yoxxx]](https://s3.tradingview.com/z/zA8Hszlr_mid.png "EW Counthelp on Vol.Momentum [yoxxx]")
