OPEN-SOURCE SCRIPT
BTC Accumulation Signal
What does this indicator do?
It helps you find the best times to buy and sell Bitcoin for the long term. Instead of watching three separate indicators, this tool combines everything into one simple signal on your chart.
How does it work?
Three components run in the background and feed into one score:
EMA 50 & EMA 200 – is Bitcoin in an uptrend or downtrend?
RSI (21) – is Bitcoin overbought or oversold?
Volume – is there real buying or selling pressure behind the move?
When enough conditions are bullish the line turns green and a green diamond appears below the candle. When enough conditions are bearish the line turns red and a red diamond appears above the candle. Candle colors also change with the trend so you can see the market phase at a glance.
What you see on the chart:
🟡 Gold line = EMA 200 – your long term anchor
🟢 Green line = Bitcoin is in an uptrend
🔴 Red line = Bitcoin is in a downtrend
🟢 Green diamond = good time to accumulate / buy
🔴 Red diamond = good time to take profits / sell
Best timeframe: Daily (1D) and 3-Day (3D)
Best asset: Bitcoin (BTC) – works best on longer timeframes and may need parameter adjustment for other assets.
It helps you find the best times to buy and sell Bitcoin for the long term. Instead of watching three separate indicators, this tool combines everything into one simple signal on your chart.
How does it work?
Three components run in the background and feed into one score:
EMA 50 & EMA 200 – is Bitcoin in an uptrend or downtrend?
RSI (21) – is Bitcoin overbought or oversold?
Volume – is there real buying or selling pressure behind the move?
When enough conditions are bullish the line turns green and a green diamond appears below the candle. When enough conditions are bearish the line turns red and a red diamond appears above the candle. Candle colors also change with the trend so you can see the market phase at a glance.
What you see on the chart:
🟡 Gold line = EMA 200 – your long term anchor
🟢 Green line = Bitcoin is in an uptrend
🔴 Red line = Bitcoin is in a downtrend
🟢 Green diamond = good time to accumulate / buy
🔴 Red diamond = good time to take profits / sell
Best timeframe: Daily (1D) and 3-Day (3D)
Best asset: Bitcoin (BTC) – works best on longer timeframes and may need parameter adjustment for other assets.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.