Very simple strategy to profit from the rising and falling of bitcoin and other cryptocurrencies.
Beat the buy and hold by around 4000 pips. Obviously on previous data this wouldn't be the case, but as the bubble grows and becomes more and more likely of a burst, this strategy provides more reassurance of success.
Indicator WWV_LB - indicator written by lazybear
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Ive got another strategy for the 4hr chart, will post the idea tomorrow. Between 5th december to now would've made you 13000 pips. Stay tuned, lets make some money!!
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New bitcoin strategy, this time for the 4hr timeframe, proven to be very profitable also!!
Just an updated overview of the profit/loss trading bitcoin with this system, and seemed to work pretty well. You'd have managed to catch most of the move.
31st December - 17th January Profit = 3572.28 and counting.....
Simple is best.
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New crypto trading strategy which has been refined and proving more profitable
The most simple & straight forward rules always work best. Love this.
puzzledPlayer24580
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its get repainted. so don't trust.
AlvinBarry
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I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn $5000 into $35000 in less then four weeks,please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for alt-coins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door contact me via alvinbarry030@gmail.com
bschumac
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just curious, would it be safe to buy & sell purely based on the red and green indicator? (I've not tried, but looking at the charts and the indicator)
wjsharples1
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@bschumac, I think so, but i prefer using the HMA to keep the losing trades to a minimum, even though you'll miss out on some profitable moves
SwimsWithStingRays
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Thanks for this. This has promise no doubt. After adding to my chart, the only editable value is trendDetectionLength. Setting that to 50 looks wildly different from your chart. How do you set it to HMA 50?
SwimsWithStingRays
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My bad. EMA is blue line indicator. My bad. So WWV_LB is set at defaults?
wjsharples1
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@SwimsWithStingRays, Blue line is a HMA (50), and ive got the WWV_LB set to 3 on the 12hr chart