This strategy is based on BEAM bands for BTC. The space between the original BEAM bands is broken up into 10 bands representing levels of risk for investing fresh capital. The strategy will buy bitcoin when the price is in the bottom 5 bands, increasing the amount investmented as the price approaches the 1400 D SMA. The strategy will limit sell bitcoin when...
This indicator calculates the Fibonacci retracement levels based on beam bands. As you can see the price very often reacts to these levels.
The indicator, which tracks the cycles of Bitcoin. The corridor between the upper and lower levels is marked by the fibonacci levels. Additional fibonacci levels become support or resistance levels as the price moves. Top level-determines the width of the channel. Bottom level-defines the main bottom line. The number of bars is the value of the bitcoin cycle....