Trading Assignment: Find an idea

I take away from the lessons that any one indicator alone is not reliable as there are many variables forcing the markets.

Idea: use two indicators/trends in combination on a short time frame, hourly:
MACD and Support Resistance levels and go long when both are in agreement with each other.

1 Like

My first idea is a LONG repeating pattern.

LONG : RSI(14) < 30 & MACD Histo Bull Div < = -5
SHORT : RSI(14) > 70 & MACD Histo Bear Div > = 5

Phillip might this bearish signal be a FAKE OUT, and am I right to say MA 9 will confirm?

Will wait for couple of hours for confirmation of this Long position of the last arrow.

1 Like

my idea is always to buy low and sell high. never stake more than you can afford to loose. It will not end in tears then. :stuck_out_tongue_winking_eye:

1 Like

I used MACD and RSI to find the resistant point on the chart, When RSI is showing higher than 70 then is most probably a good time for a short position and when it shows under 30 it means there is a high chance that the market will be long.

1 Like

To buy when the price is out of the lower Bolinger Bands

1 Like

Using MACD lines if the lines are above or below zero for a period of time I would buy or sell accordingly.

1 Like

Asset LTC
Time frame: 45 min
Indicators: MACD, 200 ema
Assumption: we are in bull trend
Idea:
buy when: MACD >0 and price >200 ema
if MACD <0 and prine <= 200 ema then sell
Repeat
if price = 120 exit strategy

1 Like

I plan to buy on major dips using the EMA ribbon. There is a major move every time the bands tighten together.

1 Like

Really enjoying the training Filip.
Have yet to ‘trade’ anything as of yet.
Keeping it really simple to start.
Buy at support level and sell on resistance while in upward trend.
Set the stop loss slightly below support.
Intend to trade with the Alts and move profits into BTC and ETH for the time being.

1 Like

Strategy for 30m TF only LONG BTC/USDC on Binance exchange 2x margin:
1 Buy first 30m candle open after RSI cross upwards from oversold level
2 Set SL at previous 30m candle close
3 Set TP with trailing stop at open of previous candle for first 4 candles
4 Set TP with trailing stop at open of 4th previous candle after 8 candles

Just an idea , so exited to be here !
LFG nerds !

1 Like

Hey, i would keep it simple for the first one. I would say everytime when the Prices Touches the 21 EMA on the 4 hourly.

1 Like

January 2021, good time to try trading on BTC , small little trades on long and shorts, keep looking at week, day and hour charts and set up trend lines, on to the 15 minute and 5 minute charts to make some trades with stop loss , I would be keeping an eye on the moving averages ,see if 5 and 20 day work any better than the 200 and 50 day, MACD and Bollinger bands would be used also.
I will come back with more detail as in settings for the tools and what pattern in the candlestick bar chart would be ideal.

1 Like

is too early for me to spot an idea in the chart.
I try but I am not that confident - it’s can be just a joke

1 Like

Not much of a trader but after watching multiple vdieos from Satoshi Stacker it seem after 6 daily green candles BTC breaks up so set up a trade betting on that or buy after 6 candles and if goes up sell them

1 Like

I’ve been curious about the relation between 50MA and 200MA for some time now. I would like to examine whether crossover points are good signals as well as the distance between the two moving averages.

1 Like

On the one-hourly chart:

When MACD blue line crosses through and above orange line with difference of approximately 80 or more at -350+ then go long.

Stop Loss = entry price - 2%

Take Profit = entry price + 2%

At the moment I can’t really tell with shorting because it’s more riskier seeming overbought markets can still remain bullish trend-wise.

2 Likes

My trading idea is to use the following indicators.

  1. Volume
  2. RSI
  3. MACD

I will be trading on a one min chart on ETH - (with the daily trend in mind as well.)

Whenever the signal line crosses the EMA in an upward trend I will open a long position whenever the RSI indicator goes below 30 and will trigger the trade when it goes above 30 again. (that will only happen if the daily trend is upward.)

Vise Versa.

If the daily trend is downward. When the MACD signal line crosses downward I will then short ETH with RSI passes 70 and trigger the trade when it drops below 70.

BAM!

2 Likes

When EMA20 crosses downward EMA 200 you short
When EMA20 crosses upwards EMA 200 you long

1 Like

Using the 21 EMA buy when price crosses up and sell when price crosses down the moving average line

1 Like

I’m doing some daily trades 5x margin, using higher highs, higher lows, it works for now around 80%.

1 Like