Market Sentiment - CryptoMarket Sentiment - Crypto
This is a market sentiment indicator.
When there is greed - it is good to go Short , when there is fear - go Long .
- The indicator can be used as a trend detection tool, greatly increasing the chance of being on the right side of the market.
- It directly shows the change in trend with Buy and Sell marks on the chart.
- Using it as a standalone is possible, but don't forget about Risk Management .
- Alerts are available.
- It works for Crypto only, showing the change in market sentiment for Bitcoin and Ethereum.
The same results are shown on all timeframes.
Higher timeframes may miss some small changes in trend because they may happen intra-bar. Lower timeframes are good for higher precision.
The indicator can be used on any chart, but it will show data relevant only to Crypto (Bitcoin and Ethereum).