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Chikunx
22. Nov. 2020 01:26

General Accumulation Evaluation BULL or BEAR Daily Trend 

Bitcoin / U.S. dollarBitstamp

Beschreibung

General Accumulation Evaluation by Lordchicken aka Chikun
This indicator is ONLY useful on the daily time frame and ONLY on BTC.
It will show you the general trend of BTC.

Basic:

X > 0 = Bullish trend
X < 0 = Bearish trend
X > 0.5 = Overbought
X < -0.5 = Oversold

Advanced:

If X < 0 and tries to go above 0 that's a good place to short

The end of a Bull/Bear trend is often shown with a strong reaction of X going above/beneath 0.
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