Best Bitcoin & Cryptocurrency Trading Strategy – MACD ✔️

Published on May 24, 2022

Trending full length videos related to Currency Trading System, Price Action Forex, and What Is A MACD Crossover, Best Bitcoin & Cryptocurrency Trading Strategy – MACD ✔️.

Best Cryptocurrency Trading Strategy – MACD is one of the best strategies which you can use while trading bitcoin, forex, and stocks. It is a great strategy both for day trading and swing trading. Make sure to subscribe for more trading strategies videos!

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THIS IS NOT INVESTMENT ADVICE. I am not a financial advisor, videos in this channel are just for educational purposes.

Hello everyone. I hope everyone is doing okay and enjoying the bull market.

Today, I will teach you one of the most effective strategies of cryptocurrency trading which you can start to use today. You can use this technique both while day trading or swing trading. your chance of making consistent profits while trading bitcoin is way higher With this method.
Please note that nothing in this video or in this channel is investment advice and the trading journal channel is not responsible for any kind of loss.

Remember that before starting to use any strategy you should backtest it. Don’t believe that a simple strategy can make you a bitcoin millionaire just because some YouTube trading mentor told you so and go test the strategy for yourself before losing money.

So let’s talk about the strategy. If you are not a new trader, you must be familiar with the indicator MACD. If you have never heard of it, don’t worry. We will take a look at what does it mean. MACD stands for Moving Average Convergence Divergence which is not the most effective way to say it.

MACD is a leading trend-following momentum indicator which uses two different exponential moving averages. As you can see MACD uses 12-Period EMA ? 26-Period EMA

But the main advantage of MACD comparing to moving averages is that moving averages just indicate trend while MACD indicates both the trend and the momentum. Because MACD shows us the momentum it shows us the strength of trend and that is why it is one of the most used indicators by traders.

First I will show you how to read the MACD indicator. To check the MACD indicator I will use the site Tradingview.com which you can use for free. After opening trading view you can add an indicator clicking this button. You can search for any indicator you like.

As you can see, MACD has one blue and one red line and it also includes some red and green bars. The zero point is our base line. The red line is called the signal line and the blue one is called the MACD line. Reading MACD indicator is simple, when the blue line crosses up the red line below zero-point, it is considered as a buy-signal and when the blue line crosses down the red line over zero-point , it is considered as a sell-signal. But we should be more picky and try to look for signals that are far from the base line. Also we can never trade trusting just one indicator.
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Now let’s take a look at the bars. Bars show us the difference between the two lines. It can be hard to see, but when you check the base line point you can easily see that the height of the bar equals to the difference between two lines.
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At the beginning of the video, we saw that MACD uses two different Exponential moving averages. So blue and red lines are 12-Period EMA and 26-Period EMA respectively. That means, bars represent the difference between two EMA’s. So, bigger bars mean strong momentum and the small bars mean the loss of momentum.

Now, you know how to read the MACD indicator. But you should never trade using one single indicator. The best way to use an indicator is to use it with other technical analysis tools, such as candlestick patterns or other indicators.

The MACD indicator has one big disadvantage. The MACD indicator by itself is not enough to identify the true-long term direction of the trend. If you want to be a great trader in the long run you should always be trading in the same direction as the trend. You will be most likely to lose money if you bet against the trend. To identify the long-run trend, we will be using the 200-period-EMA.

In our strategy, we will have a couple of rules to follow in order to avoid mistakes. We have 3 basic rules which will make us picky but, they will increase our win ratio. Our first rule is to only open a trade when the MACD signal and the trend are in the same direction. Our second rule: we should only take trends when the crossover points of MACD lines are far from the zero point. Our last rule is really simple but I think it is one of the most important rules for any kind of trade.

What Is A MACD Crossover

What Is A MACD Crossover, Best Bitcoin & Cryptocurrency Trading Strategy – MACD ✔️.

How To Choose The Appropriate Trading Software

These indications will preserve you in a pattern as long as the trend remains undamaged. Whatever should be the very same other than during this phase we introduce investor emotions. I have something here that might simply work for you.

Best Bitcoin & Cryptocurrency Trading Strategy – MACD ✔️, Enjoy most searched replays about What Is A MACD Crossover.

Forex Scalping Success – 3 Things You Need To Know

The technical analysis needs to likewise be determined by the Forex trader. So, can one currency set make adequate money for you to make a living trading currencies? Are you considering beginning to trade the Forex market?

Prior to talking about MACD, let me inform you that I do not think in using indications. A lot of signs (or all of them in reality) are lagging and they make incorrect signals. Price chart is the very best indication and candlesticks are the only actual time indicators we have.

Volume – One of the finest indicators of the conviction of traders. Volume, Macd Trading put in context with price motion, permits me to trade effectively. To measure the significance of volume, we require a standard. What I am looking for is the % change over an average day.

Numerous of these signs are good and do, in fact, offer traders a much better deal with on rate action. However how excellent are they in helping you make stock Macd Trading signals decisions?

Utilizing RSI we will have tools that will assist us comprehend the currencies character such as RSI Range, RSI Range Shifts, Momentum 1 and 2 and the 4 RSI Trading Signals. All of these methods can be utilized to learn more about a specific currency pair like it was your best good friend.

Scalpers typically participate in several trades daily Macd Trading Crossover . Some traders carry out a number of trades and make revenues with ease. Do not worry, I will teach you the technical knowledge of scalping the marketplace. Scalps are performed in the instructions of the existing trend of the Forex market. You can’t escape from the truth that the “trend is your buddy” if you do not understand the trend of the marketplace, don’t position any order.

This has certainly held true for my own trading. As soon as I came to understand the power of trading based upon cycles, my trading successes leapt leaps and bounds. In any provided month I balance a high percentage of winning trades versus losing trades, with the couple of losing trades leading to ridiculously little capital loss. Timing trades with determine precision is empowering, only leaving ones internal psychological and emotional baggage to be the only thing that can mess up success. The approach itself is pure.

A few of the common forex indications used in might forex pattern systems that effective currency traders will use are the MACD and moving averages. You will have the capability to acknowledge significant trends that will of course lead to revenues when successfully utilized as crossover signs.

Constantly confirm the trading signals given by the pie chart with the cost action. It indicates the rate action will continue to move in the exact same direction if the costs and the histogram make new lows or new highs together.

Why do they not look into a Forex currency trading system to produce money flow? You simply require to learn these easy methods and apply them. This is usually where you should exit the trade.

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