The indicator is made to be used for the Bitcoin market.
Orela Continuation Signals is a script made for helping to identify bullish continuation moves after price recovery from recent oversold conditions.
After the recovery calculation the script is betting that its likely for the price to keep its bullish momentum.
For risk management in case bullish momentum decreases and starts reversing the script will exit the market based on its ATR calculation when conditions are met
in order to protect against and time strong moves in the opposite direction.
For position management script has adjustable stop loss and take profit levels based on price of entry.
To help identify when the trend is losing or gaining strength the script also has a price following EMA "cloud".
Use the link below if you would like to obtain access to this indicator.