ChannelSurfer

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

BITSTAMP:BTCUSD   Bitcoin
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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 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

PRICE ALIGNATION:

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.


Happy Surfing / Trading,
Channel Surfer
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Disclaimer

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