INVITE-ONLY SCRIPT
BloodInTheStreets
BloodInTheStreets is a Momentum Indicator derived from MikeTyson. It signals OverBought (OB) and OverSold (OS) condition in the Price Scale.
The indicator draws a OB/OS cloud. It signals OB/OS condition when price enters or goes beyond the cloud.
If price is:
It also includes a feature to draw a helper line to place your Stop Losses (SL).
The SL line is placed beyond the OB/OS cloud, at a point where there's a very low probability that could be taken by Market Makers Washouts.
Additionally, the indicator could be customized by:
The indicator needs at least 180 history bars to determine OB/OS levels.
The indicator draws a OB/OS cloud. It signals OB/OS condition when price enters or goes beyond the cloud.
If price is:
- In Between the Cloud: No man's land
- Inside the Upper/Lower Cloud: OB/OS
- Beyond the Upper/Lower Cloud: Strong OB/OS (very usual in crypto currencies)
It also includes a feature to draw a helper line to place your Stop Losses (SL).
The SL line is placed beyond the OB/OS cloud, at a point where there's a very low probability that could be taken by Market Makers Washouts.
Additionally, the indicator could be customized by:
- Show/Hide Cloud
- Cloud Factor: To fine tune the OB/OS levels according to the characteristics of each market
The indicator needs at least 180 history bars to determine OB/OS levels.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact gliderfund for more information, or follow the author's instructions below.
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I develop indicators meant to be useful, profitable and good looking.
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