1 HOUR Trend Friend (BTC)

Trend Friend V.1.

-The Trend Friend indicator is tuned for 1 HOUR timeframe (BTC) only to capture the overall trend.
-Signals are meant to be possible entries and profit taking opportunities
-No strategy is 100%
-Fib Band width can be adjusted for instrument and volatility

ABOVE BASIS (Uptrend)
Long signals = buy and hold bias
Short signals = take profit OR scalp opportunities

Price drops below basis, exit Long position

BELOW BASIS (Downtrend)
Short signals = Short and hold bias
Long signals = take profit OR scalp opportunities