Bitcoin: The Cowen Corridor

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Making indicators can seem difficult, but often times it just takes a few hours of fitting prior data. To demonstrate that, this video shows a fairly simple indicator that I coded up in a couple hours. This indicator will be available to those on the premium list in the coming weeks, but remember that "All models are wrong, but some are useful." Let me know what you think of this new indicator - it is proof that we can easily make indicators that can look very convincing in a relatively short amount of time!

There is a mathematical function of time in this equation (separate from variables related to price) which assumes volatility HAS to decrease over time, rather than having it be implicit only in the standard deviation of a moving average. This is one way it is different from Bollinger Bands.

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Disclaimer: The information presented within this video is NOT financial advice.

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