Bitcoin indicator

Scalping trading strategy with indicator:

• When the indicator draws a red dot, we open a buy order. Take Profit +105 points. StopLoss set at -50 points below the red dot. We select the lot size as follows: deposit up to $1000 - lot 0.01, deposit up to $3000 - lot 0.02, deposit up to $5000 - lot 0.04, deposit up to $7000 - lot 0.06, deposit up to $10000 - lot 0.1.
• When the indicator draws a blue dot, we open a sell order. Take Profit -108 points. StopLoss set +50 points above the red dot. We select the lot size as follows: deposit up to $1000 - lot 0.01, deposit up to $3000 - lot 0.02, deposit up to $5000 - lot 0.04, deposit up to $7000 - lot 0.06, deposit up to $10000 - lot 0.1.

Benefits of the indicator:

1. does not redraw its values
2. works well on cryptocurrencies
3. suitable for intraday scalping
4. graphically shows the trader the price reversal points
5. very easy to set up

"Bitcoin indicator" settings:

• period - indicator period.
• arrow_size - size of signal points.
• hovering - signal delay. Maximum value =5.
• ma_method - method for calculating the average.