Using Bolliger Bands and Divergence Indicator, I evaluate if it’s the right time to buy or sell. If price drops below bolliger bands it’s time to buy. If RSI is above 70 it’s overvalued. It’s now preferable to sell a certain amount to take some profits unless you want to HODL much longer.
1 Like
I would like to trade a head and shoulders pattern or a double or triple top or bottom for my strategy. A double or triple or quadruple top is where resistance is tying to break through three or four times. A triple button is the reverse but with support. A head and shoulders pattern looks like the head and shoulders or someone. I would want to trade with a buy or sell depending on which way the market rallies. However a strategy and counter strategy while minimizing risk at a 2% to 5% risk of my total capital along with a 1:1.5 risk to reward ratio or higher is my strategy.
2 Likes
Very simple trade strategy based on moving averages, to see what would happen.
Using the hourly chart for BTC and two moving averages: 5-MA and 200-MA.
As long as the 200-MA is in a positive trend, buy when the 5-MA crosses 1% above the 200-MA.
Sell when the 5-MA crosses 1% below the 200-MA.
1 Like
My idea consists in finding over-sold points in an upwarding trend.
1 Like
BTCUSD on CoinBase on TradingView.
BTC has been climbing steadily the past year.
When BTC goes above EMA 20 on the Daily has generally gone up for extended periods.
Occasionally drops below EMA 20 on the Daily for much shorter periods.
So Long When Daily Green Candle forms when above EMA 20, RSI below 50
Short when Daily Red Candle Below EMA 20 RSI above 50
1 Like
Tradingview
BTCUSD
2 Feb 2021 trend line through its low price on that day, passing through 28 Feb low and Mar 6 low
Trend/support line broken on Mar 23, but looks to be a fakeout.
Convergence point of Mar 31 (tomorrow).
Low trading volume.
–>
BUY ORDER. Long position. HODL.
1 Like
Buy token when price is below 0.000000005000 do a short sale when price above the ceiling
1 Like
I have always wanted to corelate long timeframe data into shorter timeframe data, to try and scalp on the 15min chart by using higher timeframe trend data, macd, rsi…
I have traded for a long time and actually I want to test all kinds of stuff, this course has me very exited!
I see it as a way to truly test ideas and strategies, as you said, past historical data can’t ensure future performance, but it has to be constantly updating, you can’t just leave a trading bot and make profits forever can we? in example certain strategy may apply on a bull market but not on a bear market
1 Like
I would like to leave it simple, because if I will have to write a strategy then will be not to heavy :)… and also because I learned that, in this discipline, the simple things are often the best choice.
My idea is to buy when the EMA 13 and 21, will both cross above the EMA 50, and sell when they go truth it down. I suggest TF from 1 to 4hr. It works also with small leverage.
1 Like
Hi guys,
MTL/Tether date of the post 22:27 Lisbon time.
15min chart
RSI 5 35 100 range + ADX DI to check trend
When RSI switch direction on the way up i long the position until it reach the current resistance level.
1 Like
This is my Idea of simple strategy after analysing sort of repetitive pattern
Buy during the marked bullish and sell during bull.
1 Like
As a basic strategy with probably a good success rate over a long period could be to dollar cost average during the course of the bear market to cut out any price volatility and half way through the bull market start to dollar cost average out.
1 Like
I’ve been thinking about how you could automate an accumulation strategy: “buy low, sell high”. LOL ok stick with me, I know this sounds like DUH.
But the idea would be that its done automatically and repetitively, and actually more focusing on the shorting as well but not by borrowing money to “Short” so its not a short really.
My thought is that if you have an algorithm that can start to predict when the price is going to drop it can sell a portion of your position (you select how much you want to sell) right before the drop. Once the drop happens (the algorithm would potentially suggest the expected % drop and you would decide how much risk you want to take) at the bottom of the drop the algorithm buys back a number of shares to equal what you had sold them at earlier.
This strategy over time would ideally allow you to incrementally increase your share holdings without additional funding.
So lets say you buy 10 shares for $10, and TA indicates a drop of 10%, you sell your 10 shares for $10 right before the drop, the price drops 10%, you buy 11 shares for $10, the process repeats.
1 Like
Bitcoin is having resistance at $60k and support at $55k and has formed an ascending triangle.
This has a 70% chance of a break to the upside. With mining selling pressure going down and Coinbase going public this week, I would long Bitcoin and put in a buy order, especially as right now it’s in the lower end of the $55k-$60 level (approx $57k)
1 Like
Sorry. Don´t have an idea. Been looking at charts for 3 hours (today), in many timeframes, and can´t find a pattern that I feel comfortable with, and absolute not one that I think could act as a bot (but they might be very advanced). There are so many ifs and buts.
Perhaps this.
- If the SSL channel is uptrend (turns green),
- I have a green dot at VMC Cipher_B (MACD),
- Wolfpack shows green and
- “Overbought Oversold Indicator” says Buy.
I will exit when MACD switches.
PS: I don´t know what each indicator is.
2 Likes
I have the idea on ETH/BTC pair that when RSI is below 30 it is the short-term bottom (time to buy) and when the RSI is over 70 the growth may keep longer until the RSI falls below 50 and MA21 is crossed down.
1 Like
Long-term hodling BTC, so I convert ETH into BTC everytime its price reaches a “significant” level on the ETH/BTC chart.
2 Likes
for https://www.tradingview.com/x/2db1aIiY/
Chart seems to be making lower lows which could signal a trend reversal
I would wait to see if it makes a higher high again, if it does, it would need to make a higher low afterwards as well. If it breaks the trend line with a solid candle this could signal trend reversal, I would wait for a retest of the line and then short btc in that case.
1 Like
Idea: USDT / ETH chart
Use Bollinger Band indicator to create sell/buy orders.
Enter buy position when price touches lower bollinger band, exit position when price touches upper band.
2 Likes
I see bit coin has been in a holding pattern just below $60000. for about 2 months and looking at the MACD I see a bullish cross which signals to me that bit coin is going to pump
1 Like