Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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How to use?
Green cloud shows the total buy signals. Red cloud shows the total sell signals.
Yellow line shows the difference between buy and sell signals. If yellow line is above 0, we have more SELL signals than BUY signals. If yellow line is below 0, we have more BUY signals than SELL signals.
You should basically compare the red cloud with the green cloud to enter or exit in a trade.
It should be used on shorter time frames. I recommend using 1 minute or 15 minute for better analysis.
It prints Green for Buy - Orange for Strong Buy- Red for Sell - Purple for Strong Sell signals.
This indicator basically looks for many different indicators' setups and shows you exactly what you need to know.
You may also set alarms for 4 different signals including Buy - Strong Buy - Strong Sell - Sell