RULES: -----------------Auto-Trendline Strategy ------------------------
1- 3 Green squares on the Trend meter (Oscillators)
2- Green Trend line price Break
3 - Price above 10 EMA
4- Watch for support/resistance Gap in between.
5- Open 1:1 Risk reward ratio Long based on the largest wick of last 8 candles.
1- 3 Red squares on...
The back testing was done with 240 days of data using the following settings (if you find better settings let me know)
BTC = 5 5 25 settings
ETH = 3 5 25 settings
You can choose in between using the filter or not and also set alerts according with/without the filter.
A quick introduction, to the indicators/market overview. Mostly i will make videos about the Momentum strategy in crypto once alt season starts. My videos will be short and mostly about the trades i am actually taking.
I might make a quick Forex video for possible trade set ups with Momentum strategy and Auto-trendline strategy.
Sorry if my voice is too low on...
-------------BTC 2019 -----------
Compared to 2015 we are at the same spot now in 2019.... we also got rejected right at the golden cross with a -10% red candle, then slight went up and now if we keep following the same pattern we are dumping soon.
White line is the time range expected to drop within, assuming we follow the pattern. (16 days)
-35% will brings us...
2015 vs 2019 (Monthly chart)
1-Blue line = Monthly Trend line (When we broke above the trend line, the next montly candle was a drop correction)
2- Yellow line = 20MA (334 days vs 335 until candle closed below the yellow line)
3-Angle of the trend line 23* vs 26*
4-Drop from High to Bottom 85% vs 84% drop.
5-Tomorrow (05/01/2019) monthly candle will close.......
Assuming the bottom is around 3150 for BTC and NOT around 1850, and by comparing 2015 charts with 2019.Therefore, before starting the bull run we hit multiple times support for confirmation that is actually the bottom and then after that we started to massive climb up. So far we only touched ONCE support line. That is why i am opening a SHORT at the peak...