vickydaswani

kEEP IT SIMPLE, ONLY BTC STRATEGY YOU NEED TO KNOW.

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Moving averages are lagging indicators, that means bigger the ma bigger the lag
in simple words if you are using 50/200 ma crossover you will get buy/sell signal way longer than say this 5/10 ma crossover
but due to this small ma crossovers are more prone to fakeouts than the bigger ma crossovers

5/10 MA crossover simply means that 5 day average trend is stronger than 10 day average trend ,therefore recent trend of 5 days is good to buy than trend of past 10 days, therefore a buy signal :p

*MA'S DONT TEND TO WORK IN RANGING MARKETS SPECIALLY SMALL MA CROSSOVERS BCOZ THAT SIMPLY MEANS THERE IS NO PROPER TREND THEREFORE NO PROPER CROSSOVERS WILL BE FOUND

Its on you to decide what ma should you use
they change on every timeframe

Try using 9/21 , 21/55 or bigger ones like 50/200
see which suits your trading style

sometimes these ma's also acts as support and resistance specially big ma's like 50,100 and 200

there are various types of ma's like simple ma, exponential ma, etc

there are no as such predefined rules to use these,
play with them on different tf's, backtest them, see which ma and ema is most respected by price sometimes they are random like test 89 ema on daily or 15 ema on daily, see which was respected in earlier 2014 downfall

use such combinations or any one simple ma, ema (no crossovers) if you need too,

at the end after proper experimenting use what suits your need.

this is re upload of my original trading view idea, my original post was banned for using my twitter username on my chart

THANKS EVERYONE

ANY SUPPORT LIKE SHARING,LIKING OR SUBBING IS MUCH APPRECIATED

KEEP IT SIMPLE, STAY HUMBLE.
K.I.S.S.
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Forgive my ignorance - but don't the lines usually only cross AFTER a major up/down movement, thus rendering them useless or at least mostly useless? For example - green line is on top of red line right now. It will only cross it once a MAJOR move happens. But at that point - wouldn't it be too late to enter a position?
+1 Reply
vickydaswani BuyPennyCrypto
@BuyPennyCrypto, Theres no standard set of rules on ma and ema that you should use, now there is ranging scenario therefore these will not work but after some volatility they are pretty usefull , in these range bound scenario theres sometime pretty big mas that act as support for eg watchout for 100 weekma and now all pretty big mas like 50 day and 100 day ma are very close together , range is tighning thats why these small mas dont work as they do in proper directional trend, mas are subject to circumstances you should know what you have to use for eg look what 50 week ma did in 2014.....theres no guarantee but the thing is that if you see price action is respecting some specific ma then it works if it doesn't then you should not use that ma for eg look how 200 day ma worked in last 4 months ,in the end I will say you that dont totally rely on mas use some indicator to confirm what ma is saying, good luck.
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BuyPennyCrypto vickydaswani
@vickydaswani, Great answer, thank you!
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vickydaswani BuyPennyCrypto
@BuyPennyCrypto, welcome.
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Is good to keep it simple. Simple is best.

Thanks a lot for sharing.

Namaste.
+1 Reply
vickydaswani alanmasters
@alanmasters, Shukriya
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