BTC Sideways + NEW Market Type Indicator for screening marketsBTC has been in a neutral/sideways market for quite some time now!
I'm stockpiling my coffers in preparation for an upwards breakout, retest, and continuation of the long term up trend.
Watching my latest indicator, Anticipated Market Type to signal when I should start using my trend trading strategy again.
In the meantime, I've been running a sideways/mean reversion strategy for capturing the consolidated market when the AMT indicator displays SIDEWAYS and I stop trading at NEUTRAL.
My DD has been consistently low and I avoid the low volume and low volatility periods when market is NEUTRAL.
If you've been holding on to cash while waiting for the the right moment, consider using my newest indicator (or their sub-components, MMI and FD ) in your next trading session.
Cheers
