Tradingview strategy btc
This strategy is for long term BTC swing trades. It shows very consistent profits for the past years. The good profit factor of more than makes it perfect for leverage trades with small losses & bigger gains. Its a trend following strategy that uses highs and lows that are breaking out of the usual average to enter and exit trades. The default settings are already the most optimized. Looking at the btc price action we can notice several shapes which occuring most of the time during a trend move. I think most important shape here is triangle. This pattern require patience from the players and need to understand it's nature. First of all all triangle shapes it is a consolidation period. I made good money on this bot in last few month so i decided to donate it to community (its from my private bot collection) design for BTC mainly. it a great bot for longs, shity for shorts:) no security in this bot so no repaint the key issue in any bot design is to find good low, after you just exit by take profit the exit strategy here is based on pivot system entry is based on Low.
Tradingview strategy btcBTC — Indicators and Signals — TradingView
After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. I'm waiting that price can continue uptrend.
We can open long position as soon as BTC will break nearest resistance. Next resistance In this scenario, Bitcoin may have topped for the year. It was developed by our experts for intraday trading purposes. What does this Videos only. This is not financial advice. Stoploss H4. Bitcoin has been going in an accidental form for some time now, and the occasional figure is a correction as it is gathering its energy and waiting for momentum to rise again.
I think that it formed a support area at , which is an entry area on the 4-hour frame, and formed a resistance area at approximately Whoever wants to enter Bitcoin, the buy price Predictions and analysis. Videos only. Top authors: BTC. Bitcoin is a payment system invented by Satoshi Nakamoto. Wyckoff Distribution says Bitcoin will go down,don't get trapped.
Remember you heard it here first! Breakout Imminent!!! Alts Testing ATH? Bitcoin Giant Bull Flag? What do you think? Bull Flag - BTC. BTC intraday scalp. Show more ideas. Bar reply is an option that allows you to move backward and see the market performance based on your trading strategy to determine how profitable it was. The best thing about this tool is that it is an integrated tradingview tool that is available to both free and premium users.
If you want to backtest a stock trading strategy, it is an excellent tool for the last 5 or 10 years as it provides information as much as it is available on the server. In most cases, the tradingview server is enriched with a lot of historical data that might not disappoint you. If you want to turn the reply on, you have to click on the toolbar that is available at the corner of the screen. As you know, there are several trading strategies and instruments available in the market, you need to find one and implement on the tradingview chart.
Later on, when you turn the bar replay option on, and it will appear on the chart. There will be a red line, which will be the point where you want to backtest the trading strategy. Therefore, do not start the backtesting until you reach the date from where you want to backtest.
This option is straightforward. You have to put the start button with your mouse cursor. After starting the bar reply, you will see the price as each was in a current market situation.
Therefore, you can analyze and predict the market movement and play the bar reply to see what is happening next. Tradingview is a fantastic stock backtesting tool that allows you to determine why the trading strategy is not working and the reason behind it. Therefore, you can identify the reason behind failure, and you can make the plan better and test again.
Make sure to backtest for more than two years to achieve a better result as we know that the global economy goes through some recession or boom phase. Therefore, in some years there might be a good movement in the stock, but later years it might not work as before.