livingdraculaog

MTF Market Band with ema colors and volume-based opacity

BITSTAMP:BTCUSD   Bitcoin
New indicator I've been playing around with.

Basically, if the candles are above the band, than you should be in a long position (daily) and if your candles are below the band, your should be in a short position...
The width of the band changes based projected highs and lows.
If its transparency is based off volume but I need to rework it somehow :-/
Right now, transparency shows you should close your position.

light green = beginning of bullrun
Yellow is ema strong up

What do you all think?
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.