in a recent study i was making on the BTC chart from the previous bull run, i began to notice an interesting pattern. the wave like structure of the chart seemed to indicate that on each upward pulse, the wave top would generally fall between the 1.0 and 1.618 fib extensions. After further examination, i was able to pinpoint the common target to be a custom fib, which could be set at 1.386. Alternatively, the bottom of each wave seemed to fairly consistent throughout that bull trend staircase (especially in the first 66% of the pattern) seemed to generally fall at the the .5 fib retracement, but not always. The .382 was hit on nearly every single wave. Another interesting observation I made, was that most of these drops were pretty large and sudden, and that they seemed to consistently bounce off of the 21 week moving average. I’m looking to do a further study on the bear market and see if the correlations are similar but opposite. I am very apprehensive about short trading,but i want to be competent and skilled in the art of shorting for when the market returns to a long term bear trend. I’m pretty confident in shorter term swing trades with a long term hypothesis of a bull trend, but I feel like an algo bot in a bear market could take a lot of stress off my mind and help me be less emotional and more successful in a longer term bear trend.
I’m thinking it could be a good idea to implement different behaviors to execute within certain windows of time. For instance, if price drops over 15% in (x) hours, mark the sell price, sell time, and sell. Then use that sell price and time to identify a bottom, when you can enter back in. I will look to develop a number of cases that will execute in the event of flash crashes, long-term down-trends, as well as the up-trends.
Moving forward- think of what behaviors would be ideal in flash spikes/crashes, as well as long-term price moves.
Per the chart of the price of LITECOIN over the last 7 days, support seems to forming at around $56.
I would like to create a LIMIT order to buy LITECOIN when the price reaches $60 and exit my position if it drops to $59.
When AERGO hits $2000, sell! 
On any Crypto chart using daily candle. When the following three conditions are met within a predetermined timeframe (x…T…x) buy the asset:
- When the MA(50) crosses over MA(200) on the daily chart
- MACD fast line crosses over slow line and MACD is below 0 on the daily chart
- RSI moves below 50 and then above it again and the overall trend is up
Sell asset when the following three conditions are met witin a predetermined timeframe (x…T…x)
- When the MA(200) crossed over the MA(50) on the daily chart
- MACD fast line crosses under slow line and MACD is above 0 on the daily chart
- RSI moves above 50 and then below it again and the overall trend is down
Answer:
Take a look at Pluton chart for example. Lets take the period from 24th July onward till today’s date. Prices chart has been on a bull run.
It picks off from $6 and rapidly increase to close to $20 on a steady trend. However during each day or every two days, the price will fluctuate 20-30%, for a start is always $8 - $11, then $9 - $13 and so on and so forth.
The idea I have been adopting is to hodle 30% of investment on Pluton and trade the rest of the 70% on its volatility.
For example buying when its at $9 and sold at $12-$13 and it continues until recently prices hit above $22 (sell) and today has the opportunity to buy back at $11 or below.
Such trend has been continuing for almost 20 days and the opportunity to trade has appear more than 10 times. Till now one could have withdrawn more than their initial capital while riding on its movement trend.
Its market capped is still way below Swipe (SXP) @ $270mil and Crypto.com @ $3b
I took a look at Coinbase. My idea is tracking red candles until closed in end of day. If the candle shows any movement upward into the green, make a 2% purchased and sell only when there is a stop in upward movement.
for eth,
buy when there is a convergence of short and long trend averages, or a change in MACD histogram from negative to positve. sell when the MACD histogram dips into the negative, or when it hits 5% below any current floor.
My plan is to buy when token price is too low (less than 30% RSI) and sell high (RSI higher than 70%) and take profit. Setting stop loss slightly below entry point.
Idea: Buy/Sell BTC using RSI indicator for 3 x Timeframes
Weekly Chart
Buying 4 unit of BTC when the RSI is 30 or under (Oversold). Selling 2 units of BTC when the RSI is 70 or over (overbought).
Daily Chart
Buying 2 unit of BTC when the RSI is 30 or under (Oversold). Selling 1 unit of BTC when the RSI is 70 or over (overbought).
4 Hourly Chart
Buying 1 unit of BTC when the RSI is 30 or under (Oversold). Selling 0.5 units of BTC when the RSI is 70 or over (overbought).
Stop loss for all Buys above will be set at 10% below the buy price
My strategy is using the MACD. I have indicate the graph below when to sell and when to buy the stock. Red color represent sell. Green color represent buy.
I am not sure whether i am correct but if wrong pls correct me thx.
https://www.tradingview.com/x/2db1aIiY/
this is the indicator I want to build gives the buy and sell signals and the moving average line has a lot of built in indicators which you can set in the settings, like bollinger bands, significant trend lines
Trading idea: to automate macd, RSI and bollinger band strategy as follows: When 9 day macd crosses longer term macd, going up -> long position, going down -> short position. Confirmation from RSI, confirm buy when above 50, confirm sell when below 50. Bollinger bands to confirm bullish thesis when price bounces between upper band and MA, from MA. Bearish case confirmed if bounces between band lower limit and MA, from MA.
Right now, we are in an uptrend that then has seemed to hit a resistence at $12296. It’s unknown if we will go up or down overall right now, by looking at this. However, we do see that we have an interday volitility of perhaps $1000. We could ride the channel we are in and take advantage of the volitility. We could have limit sale at the top fo the channel, and then buy when we hit the bottom. Since we don’t know if the price will always hit the top or bottom of the channel, we could reduce that range by 50% to be safe.
Idea for a Trending Strategy
Three simple moving averages, 8, 50 and 200
Longs
8 SMA > 50 SMA >200 SMA
Stocastics overbought
Buy on close above 8 SMA after pullback
Shorts
8 SMA < 50 SMA < 200 SMA
Stocastics oversold
Sell on the close below the 8 SMA after pullback
Just after a quick look:
Using the relationships between a few moving averages to show short, medium, longer term trends (21,50,200). Generally seeing the timing of the crossing and seeing that the interplay between them. It seems like it could be valuable to understand not only the cross points but to include the momentum with which they cross. How likely the are to fluctuate off the longer moving averages and to what degree or extreme will they deviate. Seems like this is going to include MACD and RSI to help understand the wave dynamics.
Trading Idea…
I want to set a buy order with a 5% stop loss when the following conditions are fulfilled
- The MACD indicators are turning favorable
- The RSI is oversold
- The 7 day EMA is crossing above the 20day EMA
Once this buy order is fulfilled I want to set a sell order for 50% of my position when the price has doubled, at the same time re-setting a stop loss at 5%
- When the volume suddenly shot up, maybe take OBV > a certain value eg 70
- Check a suitable trend indicator such as stochastic oscillator to check the trend
3a If it is uptrend, initiate a “buy”,
3b If it is downtrend, initiate a “sell” short trade
I am going to utilize PARSIQ in my project. I have been thinking about tracking scam wallets from Youtube and some of the suspect projects on Uniswap etc. they could signal big pump and dumps. i think this could help with seeing signals in ETH volatility.
New to this trading stuff: heres my idea
Had a look at the chart ETH/USD
I noticed by looking at MACD and RSI together, when RSI shows value above 70 or 30, MACD lines will cross in delay between 2-6hrs average.
The idea is, when RIS hit below 30, wait for the peak value to turn around above 70, the down trend could last for few hours. To confirm it with the cross on MACD. The trend seems to follow through
Using: RSI 10 and MACD 5,20
