LTPI BTC | JeffreyTimmermans

The "Long-Term Trend Probability Indicator" on BTC is a custom-built tool designed to analyze BTC from a long-term perspective. Unlike short-term indicators that react to price volatility, LTPI focuses on major trend shifts on BTC, and therefore across the entire crypto market, helping to identify major trend shifts early.
This version of the LTPI is applied to BTC, making it a BTC specific trend following tool, but very broad (crypto wise), because BTC is the biggest asset.
Key Features
Long-Term Focus:
- Designed for macro market analysis with less sensitivity to short-term noise.
8 Input Signals:
- Combines 8 carefully selected inputs (trend following indicators) into a single score that reflects the overall market condition.
Market Regimes:
Classifies the BTC trend into:
- Bullish: Strong uptrend, expansion phase
- Bearish: Strong downtrend, contraction phase
- Neutral: Transitional or uncertain
Visual Background:
- Background colors clearly display which regime is active.
Comprehensive Dashboard:
- The panel at the bottom shows each input’s state, the composite LTPI score, and the resulting market trend.
How It Works
Inputs Analysis:
Each of the 8 inputs outputs one of three states:
- +1 (Bullish)
- -1 (Bearish)
- 0 (Neutral)
Score Calculation:
The total score is the sum of all 8 input signals divided by 8.
- Score > 0.1 = Bullish
- Score < -0.1 = Bearish
- Between -0.1 and 0.1 = Neutral
Background Coloring:
Background colors dynamically adjust to reflect the long-term market regime.
Use Cases
Long-Term Positioning:
- Identify periods of global expansion or contraction to position yourself accordingly.
Macro Confirmation:
- Use LTPI in combination with medium-term (MTPI) and short-term tools for multi-timeframe confirmation.
Market Timing:
- Alerts when LTPI crosses key thresholds help highlight the start of major bullish or bearish phases.
Dynamic Alerts:
- Bullish Entry: LTPI score crosses above 0.1
- Bearish Entry: LTPI score crosses below -0.1
- Neutral Zone: Score moves back between -0.1 and 0.1
Conclusion
The Long-Term Trend Probability Indicator (LTPI – BTC) is a powerful tool for identifying long-term market phases across the entire crypto ecosystem. By focusing on long term trends and combining 8 inputs into a single probability score, it provides a clear macro trend perspective for strategic decision-making.
Script que requiere invitación
Solo los usuarios autorizados por el autor pueden acceder a este script. Deberá solicitar y obtener permiso para utilizarlo. Por lo general, este se concede tras realizar el pago. Para obtener más información, siga las instrucciones del autor indicadas a continuación o póngase en contacto directamente con JeffreyTimmermans.
TradingView NO recomienda pagar por un script ni utilizarlo a menos que confíe plenamente en su autor y comprenda cómo funciona. También puede encontrar alternativas gratuitas y de código abierto en nuestros scripts de la comunidad.
Instrucciones del autor
Exención de responsabilidad
Script que requiere invitación
Solo los usuarios autorizados por el autor pueden acceder a este script. Deberá solicitar y obtener permiso para utilizarlo. Por lo general, este se concede tras realizar el pago. Para obtener más información, siga las instrucciones del autor indicadas a continuación o póngase en contacto directamente con JeffreyTimmermans.
TradingView NO recomienda pagar por un script ni utilizarlo a menos que confíe plenamente en su autor y comprenda cómo funciona. También puede encontrar alternativas gratuitas y de código abierto en nuestros scripts de la comunidad.