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Saracino Bitcoin Relative Momentum Index
This is a technical indicator developed by Andrea Saracino. It gives buy and sell signals and works best on the daily charts.
This indicator is better suited for Bitcoin. In fact, throughout the history, it gave very consistent buy and sell signals on this asset. Could also be used in other cryptocurrencies.
It consists of two components: the histogram and the dots.
HISTOGRAM
The histogram shows the actual momentum of a given price trend and can be used to check if the trend is strong or if it's getting weaker overtime. When the momentum is to the upside it is green, while it is red if the momentum is to the downside.
DOTS
This is the actual signal part. It consists of a series of dots that become blue if there is a clear signal in either way.
For example: if the momentum is going up and the dots become blue it is a buy signal, or a sell signal if momentum goes down.
DISCLAIMER
This is NOT the Saint Grail indicator. You must not open any trade using just this indicator. Create a strategy instead.
This indicator is better suited for Bitcoin. In fact, throughout the history, it gave very consistent buy and sell signals on this asset. Could also be used in other cryptocurrencies.
It consists of two components: the histogram and the dots.
HISTOGRAM
The histogram shows the actual momentum of a given price trend and can be used to check if the trend is strong or if it's getting weaker overtime. When the momentum is to the upside it is green, while it is red if the momentum is to the downside.
DOTS
This is the actual signal part. It consists of a series of dots that become blue if there is a clear signal in either way.
For example: if the momentum is going up and the dots become blue it is a buy signal, or a sell signal if momentum goes down.
DISCLAIMER
This is NOT the Saint Grail indicator. You must not open any trade using just this indicator. Create a strategy instead.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。