I tested whether you could be profitable by flipping a coin 110 times to show the power of risk management. This is Bitcoin 1hr chart from the beginning of 2021 to now. Rules: 1. Bollinger Bands are squeezed tight. 2. If coin lands on Heads, go long. If coin lands on Tails, go short. 3. 1:2 RRR Results: Wins = 51 Win Percent = 315% Losses = 59 loss Percent =...
This is the strategy I've been using lately to trade FTM and ONE on the hourly chart. 1. Price is below 200 EMA. 2. ATR down trend. 3. Bollinger Band squeezed. 4. Price crossed below EMA ribbon. 5. WaveTrend Reversed down. Over the past 50 trades, this strategy has won 33 times and lost 17 times. I usually use 1:1.5 RRR but for this particular trade and others...
This is what I believe we could see on BTC over the next 3 months. Could be way off, we'll see.
Rule 1: (optional precaution) Long = PRICE > EMA100 Short = PRICE < EMA100 Rule 2: (required) Long = Bullish_PSARS Short = Bearish_PSARS Rule 3: (required) Long = MACD crosses above Signal Short = MACD crosses below Signal (only acceptable less than 3 bars ago) Rule 4: (optional congruence) Long = Bullish MACD Divergence Short = Bearish MACD Divergence or Long...