ETHBTC - (So far) Long-term looking bullish
Ethereum / BitcoinBittrex
Description
⋅ Same strategy as the related ideas below.
Currently reading a longsignal.. so far ...
Legend:
(NB: Will expand out all combinations in next idea)
- Green box showing: Long --> bollinger bands , macd , fibonacci crossed and RSI not-crossed
- Blue box showing: Long --> bollinger , RSI crossed and macd or fibo not-crossed
- Red box showing: Short --> bollinger bands , macdm fibonacci crossed and RSI not-crossed
- Orange box showing: Short --> bollinger bands , RSI crossed and macd or fibo not-crossed
- Blue arrow: BUY POSITION OPENED / OPEN SELL POSITION CLOSED
- Red arrow: SELL POSITION OPENED / OPEN BUY POSITION CLOSED
+14.92% PNL
0.25% maximum drawdown!!
3 trades (i.e. 3-4 long term signals) over a 2 month period.
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Strategy
Refer to BTCUSD related ideas below for detail into strategy, which works well with only high volume/volatile coins.
Summary: All indicators must cross to give a strong buy/sell signal
i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously.