BTC Lead(v3.31)

Summary
A 15-minute, BTC-focused lead/divergence indicator designed for simple execution: when a ▲/▼ appears, start scaling in with small clips; when a ■ (black square) prints, it means the indicator’s edge has weakened (not that the market trend is over). Real-time expected move label and alert templates included. Do not fade the signal—if you must try the opposite side, wait until a ■ appears.

How to read the signals

• ▲ Green → Long bias increased
  
• ▼ Pink → Short bias increased
  
• ■ Black → Edge weakened; consider taking profits/standing aside
  
• Multiple level markers on the same bar (L2/L3/L4) = stronger setup
  

Live label (top of chart)
A single line shows the Expected Move (%) with arrow and color-coded background (↑ green / ↓ pink) for instant direction clarity.
Tip: Use Replay to watch label → ▲/▼ → ■ sequences on past data.

Confidence filter (important)

• |Expected Move| < 1% → treat as noise / ignore
  
• If considering the opposite direction, wait for a ■ first (edge reduced).
  

Scope

• Internal calculations are fixed to 15-minute resolution.
  
• Built for BTC 15m. It may display on other crypto symbols/timeframes, but performance is not guaranteed.
  

Alerts
Ready-made conditions: ENTRY LONG / ENTRY SHORT / EXIT LONG / EXIT SHORT. Add an alert on this indicator and choose the condition you want.

Risk note
For research/education only. Past behavior doesn’t guarantee future results. Predefine position sizing, stops, and profit-taking, and execute consistently.