Scalping strategy for BTC for easy 5-10 % gains

YMMV. Not financial advice. Please let me know if this strategy works for you!

Commentaire:

I went back and adjusted the logic for low volatility conditions and for different coins with varying patterns. See how this works:

CRYPTO scalping strategy:

SETUP:

Set upper RSI to 49.8026
Set lower RSI to 43.0898
This is the INDECISION ZONE (ID)

WORK IT:

Watch for movement through ID
(must move all the way through)

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 candles are green or,
- prior is green and next prior is red but similar height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 candles are red or,
- prior is green and next prior is red but similar height

Only use on coins with volatility! If price hovers around the ID, you may LOSE money

Commentaire:

Updated conditions:

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 candles are green or,
- prior is green and next prior is red but <= height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 candles are red or,
- prior is green and next prior is red but similar in height

Commentaire:

Oops...

Not CANDLES, but VOLUME indicators. See below:

Commentaire:

CRYPTO scalping strategy:

SETUP:

Set upper RSI to 49.8026
Set lower RSI to 43.0898
This is the INDECISION ZONE (ID)

WORK IT:

Watch for movement through ID
(must move all the way through)

BUY CONDITIONS:
Price confirms above ID and:
- prior 2 volume indicators are green or,
- prior is green and next prior is red but <= height

SELL CONDITIONS:
Price confirms below ID and:
- prior 2 volume indicators are red or,
- prior is green and next prior is red but similar in height

Only use on coins with volatility! If price hovers around the ID, you may LOSE money