Trading Assignment: Find an idea

Time for the first Trading Assignment of this course. This time I want you to take a look at a crypto chart and try to find a trading idea. And just like I shared mine in the video, I want you to share yours in this forum thread.

I understand that this assignment can be difficult, but try your best. It doesn’t matter if the idea is good or bad, profitable or not - the point is to find SOMETHING.

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Buy when low, sell 80% when high hodle a percentage (20% accumulate over time) when your in an upward trend market (maybe execute a position based on a certain pre-set percentage Pip movement) . Visa Versa in a downward trend market. Let your algo sail or surf the waves of the markets…driving you to the direction of a Lamborghini; or take profit once you have enough for a lambo!! opentrade@protonmail.com

Simple starter strategy for XBT (1hr or 30m TF):
Long = RSI(14) <= 30 and MACD Histo Bull Div and MACD signals <= -5
Short = RSI(14) >= 70 and MACD Histo Bear Div and MACD signals >= 5

I use EW and Fib for confluence with this strategy. I’m also testing this strategy with RSI of OBV (RSIa) instead of RSI(14) which gives a better indication of momentum. I published 3 indicators used for this strategy (Triple RSI with div, MACD with div and Demarker) on tradingview if anyone is interested search for [HC] in indicators.

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Thanks for sharing @Hank

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A possible idea is if the MACD “goes positive” and the price crosses the 50-period MA then buy
And if the opposite happens where the MACD “goes negative” and the price crosses the 50-period MA then sell.

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This is my first basic idea on XBT (TF 1hr).
Long: the price line crosses EMA(24) line cross from below to above.
Short: the price line crosses EMA(24) line cross from above to below.

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In time resolution 1d:
-Buy when price cross over EMA(21).
-Sell by placing trailing stoploss @ ‘lowest low’ of 7 bars, minus 5 for noise reduction:
[In trading view: “lowest(low, 7) -5”].

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Products: BTCUSD
Resolution: 15MIN
technical analysis: MACD(12,26,9)
Strategy:
Long when MACD cross over and MACD value<= -3
Close postion when MACD cross over 0 from below
Stop loss at the lowest low of previous 5 bar

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buy or sell if a candle touches the bollinger band line.

if it touches the downside then buy
if it touches the upside then sell

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Potential bull on a micro scale:

RSI(14) signal has ranged from <=30 to <50 for extended period (1 month for example) indicating strong buy signal.
Bull Flag presents pushing the RSI(14) >50 and holding above 50 after run.
A triangle pattern begins to form with the horizontal line being the resistance “ceiling”, and the trend line becoming the support “floor”.
Higher lows are created throughout this period presenting an upward trend. The RSI(14) stays equal to or just above the 50 signalling a “stale mate” between buyers and sellers.
As the tip of the triangle draws nearer, the RSI(14) dips just below the 50, presenting a possible breakout to the upside as one of the sides (buyers/sellers) has relinquished their position somewhat. Fake breakout may occur above resistance “ceiling” when RSI(14) retraces above 50, it indicates a potential bull run on a micro scale is about to occur.

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So far i can come up only with something as simple as

Buy at support level and sell on resistance while in upward trend.
Set the stoploss slightly below support.

Not sure how to formalize it yet ((

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Actually my idea is not related with the chart, it’s purely numerical.

During one week, look at the price of Bitcoin at the same moment, let’s say at 12pm
Compute the MACD after this first week of observation.
Next week buy the first day below the MACD and sell the first above MACD

I don’t know if it is smart but this is my first idea

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I mostly look for certain candle formations (hammers, shooting stars and dojis) in combination with the RSI (overbought or oversold).

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A simple strategy could be to buy when EMA(9) crosses above EMA(25), and sell when EMA(9) moves below EMA(25). One could also try using MACD to make a better decision. For example, sell when MACD(12) crosses below MACD(25), and vice versa.

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In an upward trending market use a Fibonacci multiple as guidance to set stop losses. To protect from a downward movement, set an initial stop loss a certain percentage below the purchase price and hopefully move up as the market trends positive.

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OK very new to this sort of thing so here goes.

On 15m resolution with an MA20 line and an MA50 line.

Buy when the MA20 crosses above the MA50. Sell when the MA20 crosses back below it.

Very basic but hey its an idea!

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One simple trading idea could be to long BTC when price reaches a support level and sell it when it reaches resistance level.

It’s August 17th 2019 and this is my idea:

The BTC made a bull run from $4K in March 2019 and reached its peak in Jun 2019 at $14K

The question which state btc is now in August and September 2019?

The Weekly chart, RSI showed a bear run while the Monthly chart, RSI already at 93, a sign that showed btc gonna be in consolidation state.

So, I need to find out the support and resistant in daily and weekly chart.
On 17 Aug 2019, the 1W showed the strong support at $8k6 and 1M showed strong support at $7k4. So, my Idea is to step in Short Position when btc price is over 10K and step in Long Position when btc reach 8k6 and 7k4.

At this time, the current btc price is 10k3, I’ll place 2 orders:
1/ Short 1 BTC if BTC price reach 10k580, (SL at 10K7 and TP at 9K2)
2/ Short 1 BTC if there is a 4H candle below 10K2 (SL at 10K3 and TP at 9k2)

Is it worth? Yes!!!

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