Best indicators that exist for crypto.
4H RSI
Godmode
169 - 40 EMA cross
Best indicators that exist for crypto.
4H RSI
Godmode
169 - 40 EMA cross
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tradingview.com
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i only buy when bobos are on every thread on the front page of Jow Forums
short or long for 169?
Random numbers just use 20/200
20/50/100/200 MA
40 Boillinger Band
28 RSI
stochastic fibonacci progression
some biz bro showed me
long when crossover, short crossunder
did that work? sounds too easy
tradingview.com
for day trading on 5m cancer candles
barely better than buy and hold
>no ichimoku cloud
>no VWAP
how did you set this up? I've never gotten the EMA crosses to look like this
it *did* doesn't work well sideways, lmao yea maybe if you buy at 6000
there's no indicator that will be right every time but if you used it since the start of this year you would have made huge profits.
its just two EMAs, one at 12 and one at 169
your percentages are off because the price is way below your ema. you also pick a time frame where you switch fairly often between an up and downtrend. you would get faked out multiple times during a prolonged uptrend or you'd have to choose em lengths that won't get you faked out, but then you would lose significantly more on the sideways action. if you now say to just use it when you have sideways action, then you would already have to know that you have that kind of price action and then you could just trade it manually anyway. it's better then buy and hold, but not much over any reasonable time frame for your backtest.
if you don't exit yea, I just use a ema between the two to exit, its not my favorite strategy (too slow) but its definitely not bad. Again, where are you buying and holding? If you bought anything above 8k you're already down, sometimes by a huge amount.
With this you would at least be up by a bit - can even take a few % off the back test for more realism but again, def not bad.
it captures big moves, sacrificing being correct. Not my style but just throwing it out there for anyone that wants that.
Its also pretty damn slow lmao.
im a noob. i only go long or short when all three of these indicators are bull or bear.
what should i add? and how do i use it?
what you have here is a strategy. you can build quite good systems based on moving averages, I built some myself too. I was thinking about including the bullrun from 2017, which is reasonable in my opinion as you don't know what kind of market you're in (except if you have some other method for that, but that's again something different). but like I said, it's better than buy and hold and it can be a reasonable strategy if you make it a bit more sophisticated.
ah yea, nah I hear you my man, I dunno, I just can't fuck with buying and holding. Tried and I just watch my shit depreciate. Trading I have "some" control. Hell, I can tell you if I didn't tether I would have been fucked.
Yea, trading theory is crazy though, hindsight is a bitch, found this strat out around March, could have sooner but eh.
I'd try to make something custom, then slowly iron out obvious trash trades.
Unironically I feel there's two types of trading strats. One's that work sideways/trend and one's that capture big moves but spam sideways.
What you have can kill you on a huge down trend, cause you never know when its gonna stop so you could potentially keep longing all the way down, huge drawdown.
this is last months performance. Its getting killed in this low volatility right now but it does work when we start swinging lmao.
Took me hours upon hours of research though, as of now I don't know a better way to go about it (make something then slowly make it better) so if anyone has better advice that would be great too.
also knock a few % off all those stats due to heikin ashi and its lies lmao but still pretty decent.
try to detect if it's trending and then use different strategies based on that
It’s this easy: sell when minorities and roasties are excited about crypto. wagecucking and buy crypto when they stop talking about it.
this unironically.
which strategy is that one with buy and sell signals ? i wish i could make a bot out of that
almost every indicator will make money in crypto if you are patient enough
this too
lotta ppl just find one, makes one bad trade and they're off to the next lmao
>no mention of the Guppy Multiple Moving Averages
>no mention of Volume Profiles
>no mention of the Williams %R
>no mention of On-Balance Volume
All trash
It’s called overfitting
RSI Stoch 5,5,8,13 is working the best for me so far
any tips?
Whats that momentun indicator ur using
only this one
>169 - 40
Why those particular numbers? Because nobody else uses them or something?
why the slashes?
gives me the best numbers in backtest
I've scrolled through the Pine docs and they are so fucking bad. Is there an API for Python or something to make it a lot easier? I can take the time to learn it, but I dont really want to
Isnt that the exact opposite of the signals youd want
no
>backtest
Can you give us some info on how you went about this?