OPEN-SOURCE SCRIPT

Bitcoin Worse Days

Hello, here is a simple script to scan for BTC worse days.
In input you tell the script what are the minimum percent drops to look for.
By default it is 0.3, here I set it at 0.25 or it would not show anything except the 12 March (which is 40.07%).
The indicator has a precision of 1% I think.

It does not look at how low the body closed, it will show all days that closed below where they opened looking at how far below the high of the day the low was.

It can also work on any timeframe.

Here were the previous worse days from the late 2017 crash start of the bear market:
Snapshot

Snapshot

You could modify the script and look for the worse bodies with open - close instead of high - low
You could also add a filter to only look at days where the body is > 90% the whole candle (in this case it's got to be about 99%)
Snapshot

Snapshot

We can look back at BTC past a bit
Snapshot

Every bear market started with a large drop so we can expect...
Snapshot

Snapshot

Snapshot


As you can see we can look at the weekly chart too:
Snapshot

I won't lie, I am pretty happy. Russia, China bat eating community, and Greta were a big help. Thanks guys.

Bitcoin (Cryptocurrency)BTCcrashVolatility

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


Auch am:

Haftungsausschluss