Ppl dont like simple strategies. Too bad, that is where the money is at.
I learned this 15+ yrs ago in a Bear market and it changed my life.
Look at the results of this simple play for yourself.
Please RT this so more eyes can see. CT needs it!
Simple Moving Average Strategy Part 2
I'm giving a couple of basic additions that will sharpen all signals including $BTC
The addition is Heiken Ashi candles w/ 3 basic rules
See the chart for details
Don't just like it, Pls Retweet it so more eyes can see it. CT needs it TY!
Simple Moving Average Strategy addition
I did this for someone that asked so I figure I'll post it
This is how this extremely basic system w/ just a few guidelines performed on XMR/BTC recntly
Read earlier post within this thread for the details
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Simple MA Strategy w/ the 3 rules given con't on $TRX
Most people seem to hate $TRX, but, I trade it because I like Money
Check out how you would have done this year using this strategy on $TRX
The key is BEING PATIENT & waiting for your signal
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My Simple MA Strategy w/ 3 rules applied to $BTC weekly
Don't like the stress of trading daily? I was asked if this works on a Weekly Time Frame? Longer TF's only make signals stronger. See for yourself!
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Crypto Twitter needs these helpful tools
FYI: I generally use a 5/10 on a Weekly TF & some others as it will give you even better performance especially Shorts. But, the purpose here is to show that a conservative simple 10/20 will outperform over time and will provide the protection most are typically looking for
POE/BTC recent action w/ my SMA HA Strategy
I was asked a great question about what to do if something reverses against your position within this strategy
The Strategy treated us well here
But, I noted what you would do if it didnt & also shared my "BEND 10" play (be careful)
@CryptoMichaelT made me realize that the POE charts I posted had regular candles & in fact the HA candles actually did a BETTER job
Having said this, the original pt was to show what you could do if faced w/ some signal adversity so I'll keep that chart up
Here is the right one
Adding an indicator to this thread
A TV indicator was built for my 10/20 SMA HA Strategy for Longs & Shorts by the talented @CryptoNTez
As always, DYOR, & whenever you find a pair you like take the time to confirm the signal was given correctly. Not FA
On this first schematic from May 1st, you will see the "weak accumulation schematic" that has a LOCAL distribution built-in which was ALWAYS my primary read
Wyckoff is a word that most shouldn't whisper until they take a year-long deep dive into the subject
Due to the fact that short dives into Wyckoff get the amateurs hung up on schematics when Wyckoff is about an open-minded look at the trading range w/ the goal of identifying the phases
Here is my chart from May 6th that showed the Distributive side of this bigger picture view
However, immediately upon dumping, I wanted to point out that my Higher TF view was still a LOCAL DISTRIBUTION inside a HTF reaccumulation (where weak hands transfer supply to Strong hands) & wanted to point out that a reaccumulation story was still alive