OPEN-SOURCE SCRIPT

BitcoinSwingTrader 1-5-15min

已更新

This script can be used on various trading pairs and assets, including BTC/USDT, it has been observed to perform better on BTCUSDT due to its unique price behavior and volatility. The indicator is designed to identify potential support and resistance levels and generate buy or sell signals based on the relationship between price and a weighted average middle line, which is particularly effective on BTCUSDT. However, traders should exercise caution and consider additional factors such as market trends, news events, and risk management strategies when making trading decisions.

版本注释

The indicator has now been plotted on the chart, and we have identified short-term strong support and resistance levels.
It is recommended to use it on 5-minute and 15-minute timeframes.