darinr
Short

Scalping strategy for BTC for easy 5-10 % gains

BINANCE:BTCUSDT   Bitcoin / TetherUS
YMMV. Not financial advice. Please let me know if this strategy works for you!
Comment: I went back and adjusted the logic for low volatility conditions and for different coins with varying patterns. See how this works:

CRYPTO scalping strategy:

SETUP:

Set upper RSI to 49.8026
Set lower RSI to 43.0898
This is the INDECISION ZONE (ID)

WORK IT:

Watch for movement through ID
(must move all the way through)

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 candles are green or,
- prior is green and next prior is red but similar height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 candles are red or,
- prior is green and next prior is red but similar height

Only use on coins with volatility! If price hovers around the ID, you may LOSE money
Comment: Updated conditions:

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 candles are green or,
- prior is green and next prior is red but <= height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 candles are red or,
- prior is green and next prior is red but similar in height
Comment: Oops...

Not CANDLES, but VOLUME indicators. See below:
Comment: CRYPTO scalping strategy:

SETUP:

Set upper RSI to 49.8026
Set lower RSI to 43.0898
This is the INDECISION ZONE (ID)

WORK IT:

Watch for movement through ID
(must move all the way through)

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 volume indicators are green or,
- prior is green and next prior is red but <= height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 volume indicators are red or,
- prior is green and next prior is red but similar in height

Only use on coins with volatility! If price hovers around the ID, you may LOSE money
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out