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distinctBird77343
Apr 17, 2023 5:50 AM

BTC to Gold on the monthly chart 

GOLD / BITCOINICE

Description

Just a simple strategy I discovered while playing around with Gold and BTC, which appear to have an inverse relationship.

This is on the monthly timeframe, the idea is to follow the value at the right time.

Even though XAUBTC is on a general downtrend, the strategy is simple:

Every time the Stochastic RSI on this chart starts pointing up, that is a signal to exit BTC and enter XAU.
Every time the Stochastic RSI points down, exit XAU and enter BTC.

Comments
zAngus
Hi there, congrats on sharing your first idea with the community. We hope it was a fun learning experience. Have an awesome day!

From mod @zAngus
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