One idea is to look at the MACD. Buy when crossing zero either upwards or downwards - long/short. And put a stop loss order or take profit. Also combine this with volume to increase probability of the trends.
After determining a resistance level, opening a long position when itās been broken.
Buy when the 50 day moving average goes above the 200 day moving average. Sell when the opposite, 50 day moving average goes below 200 day moving average.
https://www.tradingview.com/x/8QUXuj8u/
on eth ive seen that there was a sideways trend that you can catch on the support or short on the resistance with an entry on both support and resisitance for a potential long run
Looking to the daily charts the prices goes up with 5% and down 3,5%. Suppose I create script that
Start with buying on a specific low price.
When this hit, sell when the price is 5% higher.
When the price is 3,5% lower buy again and so one.
No idea if this is possible
Bollinger band standard settings
If price reached 2nd deviation on the up side we sell till it returns to mean. Equally second deviation to the downside and we buy to the mean and close. for XBT markets
One idea may be to try and identify time periods of consolidation where prices are ranging in a channel:
- You could attempt to trade the bounces between the top and bottom of the channel
- You could look for a breakout from the channel and place a trade to capitalize accordingly (long if it breaks up and short if it breaks down)
The last several months in BTC have essentially been a big ascending triangle with resistance at $10k. Since the beginning of June 2020 prices have been ranging sideways between 8.5k and 10k in a narrower and narrower rangeā¦ the only question is will it break up or down? 
My very basic idea would be to make automated trades based on technical indicators such as macd and rsi giving it enough wiggle room so I donāt get stopped out too early.
So open/close positions at declining āhill-topā and in the valley on the macd and rsi 70-50 and 50-30 range depending on which side of the macd-line we are.
What I would like to achive is a basic system that takes me as a human being with emotions as much as possible out of the picture. Otherwise I will be tempted to draw bullish lines all over the chart at any time.
An idea would be utilizing 50 and 200 day moving average to create buy/sell signalsā¦ 50/200 buy, 200/50 sellā¦
I want to program this idea
1- ATR for the stoploss
2- Aroon indicator for buying and selling
3- CMF indicator for confirming above zero line buy
4- Roc indicator also for confirming extra check also buy when above the zero line
Visually did the backtest it works fine with BTC - USDT on the 1 hr chart and 30 min chart.
Iām very new on trading but I noticed, in BTC/USD pair are big pump and dump, around 5-8% or more for very small period of time, usually 15 min, I define historic resistance and support on day chart. Sell after pump with big volume and resistance reject the pump, buy after dump with big volume and support reject the price and, of course, put a stop loose 2%.
Untill now my strategy is to take profit with very small gains, but do a lot of trades. I am excited to the bot part of this course, right now I am using 3commas. And then i have a long bot and a short bot on each of my trading pair. And then I make sure only to trade between coins I actually dont mind to hold as well.
1 Like
So I looked at EthUsdt and noticed that the upward and downward trends had mini slopes in them that oscillated at pretty much the same depth on the up and downward trends. So i was thinking there might be some correlation between when the slopes evening out before the trend reverses.
Feel like I could have worded that better but Iām still getting used to the lingo.
Strategy for BTC Day chart :
- Added the RSi-14 to the chart
- wait for the RSI-14 to go below 30
- then if RSI-14 goes above 30 buy BTC
- add stop-loss 5% below buy price
- sell BTC when RSI-14 reach above 60
My simple strategy at 1, 3 or 5minutes periods (a bot can follow it easy):
- BollingerBands with > 5%
- Closeprice (red candle) just below lower BB: buy if StochRSI < 30% and rising
- Stoploss at -2% lower
- Takeprofit at middle BB
On coins with 24Hr volume > 100 BTC (quote) en price > 0.00001 BTC
I will look at monthy chart BTC
the price of BTC was Ā£7,142.94 until May it climbs to Ā£7,481.54 steady price upto June 15th drops to Ā£7,316.65 so nearly one month steady price.
I would buy Long at Ā£7,255.00 with a stop loss at Ā£7,426.00
Convergance (narrowing) of MA Exponential ribbon on BTC/USD daily chart usually signals that big move is coming. So, if you at that time identify a clear close of daily candle above or bellow MA Exp. ribbon it can give you a nice edge to open short to medium term long/short position. You can then put your SL on the opposite side of the ribbon and move it in accordance with price action.
My idea is a DCA platform where you can set up bearish and bullish scales that add and subtract capital from what I would call your DCA pool. So when the market becomes either bullish or bearish, the percentage of the daily loss/gain is added/subtracted to the DCA based on the respective time period of the user.
My Idea is using the swing strategy.
Buy when a short-term moving average (50 day) crosses over a major long-term moving average (200 day) (golden cross).
Sell before he death cross occurs when the short term average (50 day) trends down and crosses the long-term average (200 day).