TradingView
SVTPremium
Apr 30, 2021 11:22 AM

Simple signaling system BTCUSD 1D TW Long

Bitcoin / U.S. dollarBitstamp

Description

I received a bunch of emails to describe my trading system. As you know, the basis of my trading signals is volume-specific marketvolume charts, a state of art system which delivers indicators from ticker-level volume information aggregations capable to combine price and volume of each trade and represent the results graphially on different aggregation levels. Those indicators can't be reached on tradingview, so I only use my tradingview charts to show the result of my analysis.
However, a very simple system can be built from tradingview free indicators as a combination of CM Williams + short period SQZMOMs. Primary signal is delivered on short SQZMOM, then CM Williams delivers a confirmation, later SQZMOM long delivers a second confirmation. A trading strategy of 30%-30%-40% distribution of long entries at each point will decrease the risk of the trade. Efficiency of this method is 70-80%, decisive price manifestation happens within 3-5 trading days.

Good luck!
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