BTC Day Trading Indicators with Alerts

🏆 Best Indicator for BTC Day Trading:
Recommend using (EMAs) + RSI + VWAP + ATR for a well-rounded approach.

✅ Main Indicator: 9 & 21 EMA Crossover (Momentum & Trend Confirmation)
How It Works:
When the 9 EMA crosses above the 21 EMA, it signals a potential buy (bullish momentum).
When the 9 EMA crosses below the 21 EMA, it signals a potential sell (bearish momentum).
Why?: EMAs react quickly to price changes, making them perfect for day trading.

✅ Support Indicator: VWAP (Volume-Weighted Average Price)
How It Works:
Price above VWAP = bullish (only look for longs).
Price below VWAP = bearish (only look for shorts).
Why?: Institutions & large traders use VWAP to gauge fair value for intraday moves.

✅ Momentum Confirmation: RSI (Relative Strength Index, 14)
Overbought (>70) = Look for short setups.
Oversold (<30) = Look for long setups.
Best Use: Look for bullish or bearish divergences to confirm trend reversals.

✅ Risk Management: ATR (Average True Range, 14)
Helps determine stop-loss placement based on volatility.
Example: If ATR is $500, set SL at 1x or 1.5x ATR to avoid getting stopped out by normal BTC fluctuations.


📌 How This Script Works
✅ Buys when:

9 EMA crosses above 21 EMA (bullish momentum).
Price is above VWAP (institutional bias is bullish).
RSI is above 50 (confirming bullish momentum).
Sets SL at ATR x 1.5 below entry, TP at 2x SL.

✅ Sells when:
9 EMA crosses below 21 EMA (bearish momentum).
Price is below VWAP (institutional bias is bearish).
RSI is below 50 (confirming bearish momentum).
Sets SL at ATR x 1.5 above entry, TP at 2x SL.