OPEN-SOURCE SCRIPT
Stephan Today Bitcoin Indicator [v6]
Description:
This powerful Bitcoin-specific indicator identifies potential buying opportunities using multiple timeframe RSI analysis and price action confirmation. Designed exclusively for BTCUSD, BTCUSDT, and BTCEUR pairs.
Key Features:
Tracks significant RSI drops from recent highs
Uses daily and weekly RSI for trend confirmation
Validates entries with price action through trail of lows
Three-stage signal system: ATTENTION → BUY → BREAKEVEN
4-hour timeframe focused
How it Works:
ATTENTION signal appears when all conditions align
BUY signal confirms when price reclaims the trigger level
BREAKEVEN signal helps manage the trade
Fully customizable parameters:
RSI settings and thresholds
Trail of lows length
Confirmation window
Alert colors and styles
Note: This indicator is specifically designed for Bitcoin trading and will only work on BTCUSD, BTCUSDT, and BTCEUR pairs.
Tags: Bitcoin, RSI, Multi-timeframe, Trend Following, Swing Trading, BTC
This powerful Bitcoin-specific indicator identifies potential buying opportunities using multiple timeframe RSI analysis and price action confirmation. Designed exclusively for BTCUSD, BTCUSDT, and BTCEUR pairs.
Key Features:
Tracks significant RSI drops from recent highs
Uses daily and weekly RSI for trend confirmation
Validates entries with price action through trail of lows
Three-stage signal system: ATTENTION → BUY → BREAKEVEN
4-hour timeframe focused
How it Works:
ATTENTION signal appears when all conditions align
BUY signal confirms when price reclaims the trigger level
BREAKEVEN signal helps manage the trade
Fully customizable parameters:
RSI settings and thresholds
Trail of lows length
Confirmation window
Alert colors and styles
Note: This indicator is specifically designed for Bitcoin trading and will only work on BTCUSD, BTCUSDT, and BTCEUR pairs.
Tags: Bitcoin, RSI, Multi-timeframe, Trend Following, Swing Trading, BTC
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.