Bitcoin in buy zone using backtest EMA and MA
Updated
There is a correlation I see that would have proven profitable, when back-tested. So may do moving forward.
Using week view and 9bar EMA, and 9bar MA.
The bars cross at relevant times to prevent great loss, and to achieve excellent gains. Noted, MA and EMA are lagging indicators so not 100% ideal.
I highlighted most relevant profit, loss zones.
Now in a buy zone.
Using week view and 9bar EMA, and 9bar MA.
The bars cross at relevant times to prevent great loss, and to achieve excellent gains. Noted, MA and EMA are lagging indicators so not 100% ideal.
I highlighted most relevant profit, loss zones.
Now in a buy zone.
Note
I wrote a script to do this now.It went sell for a minute, about to go Green again. Still learning to interpret this indicator, I think the gap reducing while rising in Red, is still a buy.
Note
some more data, as a sell indicator it's been pretty clean
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