INVITE-ONLY SCRIPT
Buy the Blood (BTC Bottom Indicator), by Scipio Pro
"Buy the blood." We all plan to do it, but when, exactly?
This indicator analyzes on-chain flow data from CEXs to detect when the masses panic. In other words, it reveals when Bitcoins likely move from weak hands into stronger hands. These moments typically mark bottoms.
A buy signal should be taken as "get ready to buy". After all, blood in the streets often means no rush; you may choose to buy days later if a wick partly fills or at the candle's low, depending on your risk appetite.
It's important to note this indicator is fed daily data, so it should be used on the daily timeframe and higher. Secondly, this indicator is purpose-built for Bitcoin. Don't worry, though -- if you get access to this indicator you also get access to any other available "Buy the Blood" indicator.
Last thing, while the script uses request.security, it makes sure the indicator does not repaint.
As always, use at your own risk. Using indicators is no substitute for using one's brain.
This indicator analyzes on-chain flow data from CEXs to detect when the masses panic. In other words, it reveals when Bitcoins likely move from weak hands into stronger hands. These moments typically mark bottoms.
A buy signal should be taken as "get ready to buy". After all, blood in the streets often means no rush; you may choose to buy days later if a wick partly fills or at the candle's low, depending on your risk appetite.
It's important to note this indicator is fed daily data, so it should be used on the daily timeframe and higher. Secondly, this indicator is purpose-built for Bitcoin. Don't worry, though -- if you get access to this indicator you also get access to any other available "Buy the Blood" indicator.
Last thing, while the script uses request.security, it makes sure the indicator does not repaint.
As always, use at your own risk. Using indicators is no substitute for using one's brain.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系ScipioPro。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Get access to this indicator through our website: https://scipio.pro (and not through the comment section).
Get access to our indicators now at scipio.pro
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系ScipioPro。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Get access to this indicator through our website: https://scipio.pro (and not through the comment section).
Get access to our indicators now at scipio.pro
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。