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1 HOUR Trend Friend (BTC)
Trend Friend V.1.
-The Trend Friend indicator is tuned for 1 HOUR timeframe (BTC) only to capture the overall trend.
-Signals are meant to be possible entries and profit taking opportunities
-No strategy is 100%
-Fib Band width can be adjusted for instrument and volatility
ABOVE BASIS (Uptrend)
Long signals = buy and hold bias
Short signals = take profit OR scalp opportunities
Price drops below basis, exit Long position
BELOW BASIS (Downtrend)
Short signals = Short and hold bias
Long signals = take profit OR scalp opportunities
-The Trend Friend indicator is tuned for 1 HOUR timeframe (BTC) only to capture the overall trend.
-Signals are meant to be possible entries and profit taking opportunities
-No strategy is 100%
-Fib Band width can be adjusted for instrument and volatility
ABOVE BASIS (Uptrend)
Long signals = buy and hold bias
Short signals = take profit OR scalp opportunities
Price drops below basis, exit Long position
BELOW BASIS (Downtrend)
Short signals = Short and hold bias
Long signals = take profit OR scalp opportunities
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. However, you can use it freely and without any limitations – learn more here.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.