ChannelSurfer

CHANNEL SURFER: 30 MIN - BUY / SELL 7/30 MA 10/20 MACD INDICATO

BITSTAMP:BTCUSD   Bitcoin / Dollar
513 0 3
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Trailing Stop Setting : 12 Points

1st Chart Light Blue 7/30 MA cross, BUY
2nd Light Blue 10/21 Macd touches Dark Blue SELL
On a 30-minute time-frame.


If you want to scalp using the system you can always zoom into to a 3-Minute or 5-Minute time-frame


Note:

1st Buy Signal is normally on the 1st Chart 7/30 MA
If 7/30 MA does not fall and cross then the Buy Signal comes from the 10/21 Macd
Exit Signal is always from the 10/21 Macd

Bottom Volume Chart: Blue = China, Yellow = MtGox, Red = Btc-e and White = Current Chart (Stamp In This Case) , Are Extra Assurance Indicators that the Market is Strong or Weak

FAIL-SAFE:

To avoid False Signals Use The Movable Red Line on the First Chart.
Simply hover your mouse over the red line and click it holding down the mouse button and align it with your Proposed Entry Point on the 7/30 MA where the Light Blue is beginning to indicate a Entry Point:

Previous Dark Blue area is BELOW the Red Line = GOOD ENTRY
Previous Dark Blue area is ABOVE the Red Line = BAD ENTRY

Never Enter When The Dark Blue 7/30 MA is on ANY kind of Downward Slope ! ! !
Even a Downward Slope of 1-Degree declination can create a False Signal,
Make sure the 7/30 MA Dark Blue Area is Level / Flat or Inclining Upwards BEFORE Entering your trade.

EXIT POINTS:

Early Exit = Yellow Price Line touches Light Blue SELL
Late Exit = 2nd Light Blue 10/21 Macd touches Dark Blue SELL
Auto Exit = Trailing Stop Setting : 12 Points

RE-ENTRY POINTS:

Yellow Price Line rises ABOVE Light Blue again after having exited earlier
10/21 Macd if 7/30 MA does not fall and cross then the Buy Signal comes from the 10/21 Macd after having exited earlier.


The "Auto Exit" can be used utilizing a 12-Point Trailing Stop
Yes It's a huge Stop but it also gives the market "Breathing Room" during a "Rally",
Also creates less stress and can be used in combination with the Early Exit and the Late Exit.

PRICE ALIENATION:

Price is always reflected via the Yellow Price Line,
The Yellow Price Lines Highlights When Touched By Your Mouse Reflecting The Current Price In The Right Scale Bar
A good way of viewing / tracking price of Entry and Exit Points.


ADDITIONAL USE:

Second Chart Macd 10/21 will Predict Market Bottoms In Real Time on a 1-Min TimeFrame In Real-Time during Market Drops.

Verification that the Bottom will hold can be done viewing Order Book Walls and Charts having turned from Red To Green at:

http://www.mrspeaker.net/btc

Then after having found your Bottom return to Your 30-Min Chart to make further Entry decisions.


CONFIRMATION:

AeroSpace Engineering Is my Field,
Therefore I do mostly everything graphically (AutoCAD),
However results can be verified via Standard Tracking Systems Using The Systems Below:

http://tradingarsenal.com/indicators-exepert-advisors/240-price-reversal-points.html

http://tradingarsenal.com/tutorials-courses-webinars-books-info/313-michael-parsons-channel-surfing-ebook.html



Happy Surfing / Trading,
Channel Surfer
Donations Accepted: 12sEPDs25Wt1Th8tduQMDhJiWWkX5CC58u
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