uahmad99

BTCSGD - Strategy Currently showing a SHORT signal

ITBIT:BTCSGD   None
Same strategy as the related ideas below. (VERY SIMILAR TO BTCUSD HOWEVER WITH EXCEPTIONALLY HIGH PROFIT RETURN)

Currently reading a short signal.. same as BTCEUR, BTCUSD and BTCGBP .. no long signal in sight so far

Strategy

Refer to BTCUSD related ideas below 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.

PNL = +1055% !!!
Max Drawdown = 18%

5 closed trades in total spanning ~17 months (over 62% profit a month!!!)



[i]Main conclusion: just like the other BTC-X pairs... BTC is showing bearish signs for the moment...
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