Timeframe: 1M, 5M, 30M, 1D depending on the specific technique.
Technical Analysis: The indicator supports the operations of the trader named "Scalping The Bull" who uses BTC as an Index for Crypto trading.
Suggested usage: When trading on altcoins, to check whether or not they are trending with Bitcoin and whether those anticipate its movements.
It is therefore possible to see Bitcoin specifically if it makes red or green candles and how it is positioned with respect to the EMA 5, 10, 60, 223, however configurable from the panel.
Used in conjunction with Scalping The Bull Indicator or PRO Indicator, on the main panel.
Configuration:
EMA Length: - EMA 1: by default 5, configurable - EMA 2: by default 10, configurable - EMA 3: by default 60, configurable - EMA 4: by default 223, configurable
Colors can be modified from "Settings" > "Style"
Designed to be used with the following the indicator: