Bollingerbandstrategy
High possibility of flying HOT-BTC in next 10 daysI predict HOT (Holochain) will fly in next 10 days (maximum).
Why? based on following reasons:
1-Elliott Waves theory
1st wave: 7 ==> 24 satoshies
2nd wave: 24==> 14 satoshies
3rd wave: 14==> ?
Minimum estimation for target of 3rd wave is as below:
based on fibonacci extension 1 (so called AB=CD pattern)==> 31 satoshies
based on fibonacci extension 1.61 ==> 42 satoshies
2- Boolinger band indicator
Squeezing B.B. indicator on high time frame, Often is a good sign for end of sideway and starting a upward/downward momentum . Now, B.B has been squeezed and is ready for a high volume movement (probably upward)
3- Triangle
HOT is reaching to a narrow region of a reletively large triangle. Triangle will be broken in near future.
4-Support
20-day Moving average (green line) and 50-day Moving average (pink line) act as strong supports and this behavior can repeat once more.
Conclusion:
Hot will break red line resistance and exit triangle from top. Breakout can be confirmed when price reaches to 20 satoshies and close above it. Recommended T.P is in range of 30-40 satoshies.
Please like and follow, if you agree with my idea.
Kathy Lien Double Bollinger Band Strategy.As per Kathy Lien's Double Bollinger Band Strategy, here we can see a short opportunity as the price action has broken and closed below the 20 day, 1 standard deviation band. We take the open, or as i do the low of the previous close plus 1 tick for a short sell stop order.
Initial stop loss once in the trade is 1 tick about the 15 day simple MA and I aim for a profit target of 1.6 times entry and stop loss difference.
ENG - Bollinger Squeeze CandidateWe have a six-month period where our current moment is minumum width between the upper and lower Bollinger bands - indicating a squeeze candidate, and an RSI indicating an upward price move is due. Plus, we don't have significant volume on days with negative price action in the lead-up to the squeeze. We can watch band expansion (upward band going higher) for signs of an upward move.
ZECBTC [ZCASH/ BITCOIN] - Sustainable Growth for High VolatilityRefer to related ideas for detail into strategy, which works well with only high volume/volatile coins.
Summary: All indicators must cross to give a strong buy/sell signal
i.e. fibonacci lines, bollinger bands, macd, rsi must be crossed simultaneously.
Back tested over 2 months
16 trades closed
profit = 5.5%
Max drawdown = 0.32% !!!
Average pnl per trade = 0.34%
:)
DASHBTC Bittrex - High Volume/Volatility strategy for Alt coinSimple 15min time-frame strategy which works well with so far XMRETH 7.66% , ETHBTC, LTCBTC 0.26% , DASHETH 3.33% .
Does not work well with FX, Commods, BTCUSD -1.73% , XMRBTC 7.23%
DASHBTC: (43% return over ~3 months = ~14.33% a month return on investment, 2.23% max drawdown, total of 51 trades = 1 trade every 1-2 days)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
8 hours ago
Comment: The following is applied to the back testing:
0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
ETCETH Bittrex - High Volume/Volatility strategy for Alt coinsSimple 15min time-frame strategy which works well with so far XMRETH , ETHBTC, LTCBTC , DASHETH .
Does not work well with FX, Commods, BTCUSD , XMRBTC
ETCETH: (11.73% return over ~2 months = ~5.87% a month return on investment, 3.14% max drawdown, total of 25 trades = ~ 1 trade every 2-3 days)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
8 hours ago
Comment: The following is applied to the back testing:
0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
DASHBTC - High Volume ALT coin strategy on Poloniex exchangeSimple 15min time-frame strategy using 4 technical indicators.
DASHBTC: (20.54% return over ~1.5 months = ~13.69% a month return on investment, 1.04% max drawdown, total of 49 trades = 1+ trade per day)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
Comment: The following is applied to the back testing:
0.25% commission
5000 ticks slippage
Recalculate after every tick
Recalculate after order filled.
ZRXETH - High Volume ALT coin strategySimple 15min time-frame strategy which works well with so far XMRETH , ETHBTC, LTCBTC , DASHETH
Does not work well with FX, Commods, BTCUSD , XMRBTC
ZRXETH: (14% return over ~3 months = ~4.67% a month return on investment, 1.98% max drawdown, total of 19 trades = ~ 1 trade every 4-5 days)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo retracement
4. RSI
IF:
#1 (i.e. all bollingers are crossed) and;
#2 (i.e. macd crosses) and;
#3 (i.e. high/low fib lines are crossed) and;
#4 (i.e. RSI bands are crossed)
THEN: BUY/SELL
Post GDP Buy In the USD/CHFAfter a pre-GDP rally in the USD/CHF, values have dropped precipitously. In fact, since the 8:30 AM EST release, price is off more than 25 pips. It appears that currency traders are breathing a collective sigh of relief on news of 4.1% GDP, not taking fresh longs in the Greenback.
Buying the USD/CHF at .9951 is a pretty good way to play a long from the daily Bollinger midpoint. Using an initial stop at .9924, this trade yields 25 pips on a sub-1/1 risk vs reward management plan. At press time, price is trading around the .9945 area. The buy recommendation is valid when price returns to the .9951 level.
Big Crypto Move Coming | Litecoin and the Bollinger Band SqueezeThere is a Bollinger Band squeeze setting up on various time frames for Litecoin (LTC). Other coins are showing the same.
Look for increased volatility very soon. The last few times the bollinger band width has been this low in litecoin, the result has been a dump lower. This is expected as it has been a bearish market on all time frames. But then for every time it broke lower, the chances increase that the next one will break higher.
Kind of like an immutable law of trading that 5-8 straight candles of the same color are just too many, and an opposite candle will follow (until it doesn't). But this is trading, not roulette (although sometimes indistinguishable).
Anyway, thought you all would like to be aware of the increased volatility approaching. Thank you for viewing.
Travis
JMJ - UIOGD
Bollinger Band Squeeze: Will Volatility pick up on DASH?DASH has been fairly stagnant over the last few days. On several time frames, conditions for a Bollinger Band Squeeze are met.
You can visibly see on the chart that the bands are contracting. Another thing you want to look for is the Bollinger Band Width. On a daily, many look for a 6 month low for the squeeze to be in play.
As this is the 4 hour chart, the equivalent of 30 days would be about the same amount of candles as if it were a daily chart. Interestingly, that last time the Bollinger Band Width was THIS low, was just before the big Crypto run up in late 2017.
I don't know that the same kind of volatility from 2017 will come in just yet....but the probability is increased that some form of volatility can be expected...in either direction, up or down.
Lesson 4: Bollinger Bands - The Volatility IndicatorHello Friends, and welcome to Lesson #4. I will be going over Bollinger Bands today which is also a few of widely used indicators. I had also got some requests to do a lesson on Bollinger Bands, so here it is. Lets get straight to the point on this lesson.
We will be going over the below topics in this lesson:
What are Bollinger Bands?
How do we use the indicator?
* W Patterns
* M Patterns
* Some basic Stuff
These are some interesting topics about Bollinger Bands, so make sure you read and understand it very carefully, so you can apply these while trading.
WHAT ARE BOLLINGER BANDS?
Refer to the above main chart for getting an understanding.
Basically, Bollinger bands are a volatility indicators. The upper and lower bands are around a Simple Moving Average (SMA) which for this tutorial we are using the default 20 day SMA. I usually use the default anyways when I use it for trading. So coming back to the definition, the distance between the upper and lower band tells us how much volatile a coin currently is. In simple terms, if the coin is not moving much, and is steady at a certain price, we call that a SQUEEZE, which means that at that time, the upper and lower bands will be tightly close together. Similarly, when a coin moves up or down suddenly, or has been going up or down for a while, the distance between the Upper and Lower Bands will be more depending upon the volatility. As you can see in the chart above, when TRX is steady at a certain price level, the bands are squeezed together, and as soon as the price starts going up, we see that the bands widen.
Got this part? Pretty Straightforward correct? Just to summarize that, when the coin is increasing in volatility, the bands widen, and when a coin is decreasing in volatility, they are narrow.
So this was basically an overview of the indicator, now note that some people do use Bollinger Bands alone as an indicator when trading , but I would recommend using MACD, and RSI along with it, so you can have more confirmations, and your trades can be successful. Also, the more longer the timeframe, you will see more accuracy in this indicator. But that doesn't mean you can't use them on shorter time frames.
Now you must be thinking, when is the interesting part going to start of how to actually use these in trading? What are some of the signals to look for? Lets get to that right away.
HOW DO WE USE THE INDICATOR:
Keep this in mind, that the upper bands and the lower bands, both act as a support to the price action, and the 20 day SMA which I like to call the Center Band, also acts as a stronger support/resistance. This can be clearly seen on the chart above.
Now we will talk about the W pattern and the M - Pattern. This might be confusing for some of you, but now do not just rely on the Bollinger bands with these patterns. Make sure you have another indicator confirmation. Bollinger Bands is not meant to be used by itself as an indicator.
Continue reading below......