MarketSniffer B is a custom made indicator made by 2 friends that combined 2 strategies to make 1 indicator. It can detect good moments to buy and sell based on our strategy.
The indicator gives the same signals als marketsniffer A but has a diffrent way of showing it by using a histogram to make the momentum more clear when a buy / sell signal will be printed.
Marketsniffer B can be used in any market since its for a big part based on momentum. Although we recommend using it in the crypto market since it was tested and mainly made for crypto.
How to use it: MarketSniffer B can be used in many ways, own strategies can be made.
Example strategy: Lower timeframes (anything below the 1d) if the price is trading above the yellow 200 EMA, take the buy signals. If its trading below the 200 ema and you see a sell signal then sell / short
Example strategy: Higher timeframes (anything above the 1d) Any timeframe above the 1d, the 200 ema rule doesn't exist. Any buy signals should be good for taking a spot position. The sell signals therfore are NOT short signals but sell signals. Its just points to take profit from the buy signal.
Example strategy: Divergences and trendlines can be drawn on the waves as strategy. This indicator also had a RSI with EMA that can be used for this.
Its recommended to use the small timeframe signals (anything below 1d) for leverage trading. Any signals above 1day timeframe should be spot trading.
This indicator should be used in combination with MarketSniffer A
Use the link on our profile to get acces to this indicator.