๐What is the Greenwich Indicator? It is a trading system that include the two modules and allows you to buy crypto at the lows and sell crypto close to the highs. Signals appear based on the Bitcoin data, which the indicator shows on the screen. The indicator also allows you to open local trades between the BUY and SELL signals.
๐กHow can I use the indicator? It has 2 modules and 2 modes: 1. Global Buy and Sell zones. You can buy Bitcoin and other crypto at the appearance of a GREEN diamond and sell at the appearance of a RED diamond. As you can see, this is the most profitable way. +939% profit since the last signal. 2. The local signals. When the BLUE signal appears, you need to open a trade, and close it after the signal disappears. You can see the statistics of the trades on the chart. The win rate of this module is 72.7% from 2015 to 2022! Bitcoin is in a global consolidation now, so the indicator does not show local signals. As soon as there will be an opportunity for a long - a BLUE signal will appear. And it may happen soon!
๐ฏTargets: 1๏ธโฃ$21-28k - green diamond 2๏ธโฃ$130-177k - red diamond
โThe buy signal may appear not only when the bottom line is tested, but also with some conditions that are added in the code. It's the same with sell signals!
You can check the full stats for the 2015-2018 Bitcoin cycle in this idea.
๐ปWrite in the comments if you want to know how to increase the profitability of the indicator by 5-6 times. Friends, if I this idea get 30 comments, I will tell you about an additional THIRD mode in the update below๐
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.