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ItisCalvin
Jun 28, 2014 12:35 PM

There is Ever Increasing Sell Signals 

Bitcoin / U.S. dollarBitstamp

Description

So, I am currently on vacation doing this. I really do not have much time or even have the internet all the time for my laptop. At this point I am just bought in. No time to care about spending 5+ hours looking at charts or Google (well I'd rather do other things even if I wasn't on vacation.

There are many sell signals in effect right now. Stoch RSI is overbought and may drive us lower below 600. The ATR is started to die as we continue on up. It is worrisome until we trough. For now I have to get back to vacation and am even running out of time doing this TA.
For now that is all I can do. Bye!

I noticed that I could not save as many charts as I was able to do. Limited to 5 ONLY and I have at least 8....
Comments
tradingformoney
I totally agree with you having to spend time on charts. That's one of the main reasons why i prefer trading weekly charts.
LastBattle
Get a bot and set trailing stop loss :) It'll keep following the price up and dump on the slightest pull back defined by you.
BitcoinJesse
What script do you use to open pending orders in MT4?
LastBattle
imageshack.com/a/img849/515/9lcs.png
Here you go.

Simply run MT4, and right click account to sign in.
Afterwards right click on the blank space under 'trade'.

MT4 do not broadcast your sell order via take profit/stop loss until the price have reached that limit. I do suggest you to run MT4 from a server that's closest to BTCe or whatever exchange you are using.

For me I am using a VPS on the cloud (Windows Azure) to run 3x MT4 instances and 1x BTCChina (order rules) to ensure that my orders will be filled before others :)
LastBattle
From my home network, it takes at least 200 ms per message sent/received.
Its less than 6ms there.. imageshack.com/a/img823/7442/lcn2.png

I'm running on Windows Server 2012.
BitcoinJesse
The MT-4 exchange is btc-e.org tho?
LastBattle
btc-e.com/
They have the normal buy/sell Bitcoin and MT4 trading.
ItisCalvin
I don't really feel like having a trading bot. Too many things go wrong, and rather not use a bot. I also do not have a 24/7/365 computer on since my laptop is on the go.
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