I made a change to the psychological line I made before.
The 4-hour and the 1-hour line are shown with the psychological.
Strategy
If the 4-hour psychological is above red line( 70 per cent) and the 1-hour psychological is lower than the previous hour's psychological, go short.
The opposite is true for longs.
you can change the number 70 above on the parameter...
This indicator/strategy should be used similarly to how you would analyse sentiment data, when the crowd is bullish look to be short, when the crowd is bearish look to be long. It is also is inspired by Elliott wave, as it is looking for ending waves. The crowd tracker uses volume and price data to estimate how many people went long or short in a candle, then adds...