EXCAVO
Education

The constructor of your trading algorithm

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi friends, today I want to share the constructor of your trading algorithm.

I want you to take a piece of paper and a pen and answer these for yourself
And this will be your individual trading algorithm

1. Trade style

Decide how you are going to trade
Choose your style
-  Short term
-  Swing trading
-  Medium term
- Scalping
- Carrytrade
- News StraddleTrade
- Long term
- Other

2.Write more specifically here, what time will you work?
Indicate the hours of your work at the terminal

3.What's is stopping you from trading?
Here you should list ALL moments that can confuse you in trading.
I do not trade if:
  - Bad mood
  - I'm drunk (a), or fun)
- I'm sick
  - Exceeded (a) the established level of risk for a day, week, month
  - On the day of the release of important economic indicators
  - Bank holiday period
  - At the end of the fiscal year
  - At the beginning of the fiscal year
  - Other

4.Trade Details:
Describe in detail all the situational moments in the trade
I am analyzing yesterday's deals
   Yes
   Not

My instruments (what I trade)
__________
What type of analysis do you use
___________

What patterns do you trade
-add files

What important economic news do I see on the calendar
___________
I am doing a general market analysis on such timeframes
___________
What indicators do I use (indicate names and settings)
___________
Signals to enter the market, i.e. when I enter the market
___________
Pictures of situations
___________
I trade such a market model based on price levels
add files

For me, the signal to enter the market is a SELL order based on price levels
   Price trading below the level after the breakdown of the level (breakdown of the level)
   Price trading below the level without breakdown (reversal from the level)
In pictures it looks like this
_________

The signal to enter the market is a Buy order based on price levels for me
   Price trading above the level after the breakdown of the level (breakdown of the level)
   Price trading above the level without breakdown (reversal from the level)
In pictures it looks like this
_________

The signal for a false breakdown for me is
Maximum permissible risks for my deposit (in%) per transaction, per day, per month:
_________

The ratio of profit to loss is
   1: 1
   2: 1
   3: 1
   Your option:
   Other
 
After entering the trade for each order, I set StopLoss
   Yes
   Not

After entering the trade for each order, I set TakeProfit
   Yes
   Not

In my trading, I practice partial fixation of the volume of the order (I close the profitable trade in parts) *
   Yes
   Not
What does it look like? Picture*

I make sure to work on the bugs *
   Yes
   Not

Related Ideas

i cant see your picture post
Reply
thank you for your work!
that is our idea
Reply
BankofEngland CryptoBullet
@CryptoBullet, Extremely Important Level aka Support Zone.. and “A bunch of events” is.. elementary.
Reply
CryptoBullet BankofEngland
@BankofEngland, we have really good accuracy, mate. Thank you for your comment.
Reply
nguyenngoanzaz CryptoBullet
@CryptoBullet, great idea but it not happen
Reply
Great work, Thank you for sharing. I have an unconventional way of drawing trend lines but it seems to be proving accurate.

Reply
Thank you my friend. You're doing great!
+2 Reply
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