OPEN-SOURCE SCRIPT

Moving Average Channel

Intended for use on BTC long term (BNC:BLX Weekly) with Logarithmic charts only

As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods can be beneficial to the long term investor. This long term investment tool is a simple and effective way to highlight those periods.

Buying Bitcoin when the price drops below the green line has historically generated outsized returns. Selling Bitcoin when price goes above the red line has been historically effective for taking profits.

NOTE: 144 Week = 2¾ Years. 104 Weeks = 2 Years. Originally created by Philip Swift
Moving AveragesTrend AnalysisWeekly Chartsyearly

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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