Back testing Bollinger Bands strategy on Bitcoin. (The easiest way to trade crypto!)

New reviews top searched Small Cap Stock, Future Price Movement, Call Option, and Bollinger Bands Reversal Strategy, Back testing Bollinger Bands strategy on Bitcoin. (The easiest way to trade crypto!).

Hello Traders, welcome to my channel❤️

In today’s strategy, I utilized one of the most popular indicators, the Bollinger Bands with some great results. I tested BTC/USD on the 1-hour time frame 100 times with a 1:1 risk to reward ratio.

Today’s strategy only utilizes 2 indicators:
The 200 Smoothed Moving Average (from the TMA overlay indicator)
Bollinger Bands (default settings).

Takeaways:
The initial candle body close outside the bands almost always does indicate a continuation of the trend. But, there is also frequently a retest back to at least the start of that candle, so a large stop loss amount is required to not get stopped out.
This strategy was done during the 2020-2021 bull market, I am sure this strategy will not work the same during a boring sideways bear market.

Please leave a comment below of strategies you’ve tried or have wanted to try and I may make a video about it.
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Disclaimer : The content provided in this video is strictly for
educational and informational purpose only. I am not a financial advisor, I am only documenting my crypto journey for others to watch. Maker of this video shall not be liable for any damage, loss of income or profit arising directly or indirectly due to the information presented in this video.
given in this video. Please consult your financial
advisor before investing your money in cryptocurrencies,
the stock market, forex or any other financial market.

Bollinger Bands Reversal Strategy, Back testing Bollinger Bands strategy on Bitcoin. (The easiest way to trade crypto!).

Forex Trading For Beginners – How To Use Pivot Points To Discover Successful Trades

Keep in mind for every single buyer there is a seller. One of the finest forex indicators is Bollinger Bands. The last one is thought about crucial in learning market movement.
Do you want to earn money with Forex trading?

Back testing Bollinger Bands strategy on Bitcoin. (The easiest way to trade crypto!), Get latest videos about Bollinger Bands Reversal Strategy.

Totally Free Forex Variety Trading Systems

The Typical Circulation or Bell Curve is a standard analytical measurement system used in clinical research studies. On what essential do you identify that you be forced to cut your loss?

Some of those that know me know that I am a big blues fan. I have actually visited Memphis a couple of times, I’ve been to Buddy Guy’s joint in Chicago, and I occur to live in St. Louis which has deep roots in blues music too. In the early 90’s I enjoyed a video produced by U2 that was released as a show movie and consisted of a number of songs with numerous artist, and the one that stuck with me was a tune they wrote specifically for BB King. I still remember what BB stated in that movie 20 years later about his guitar playing.

Another thing you need to know before you sign up with is are the mediators going to teach you how to trade, and if they are what are they going to teach you? If they are going to teach you how to trade using indications like stochastics and Bollinger Bands and you wish to discover cost action strategies, then the space is not going to be appropriate for you.

Scalpers frequently engage in numerous trades each day. Some traders perform numerous trades and make profits with ease. Don’t stress, I will teach you the technical know-how of scalping the marketplace. Scalps are performed in the direction of the existing trend of the Forex market. You can’t escape from the truth that the “pattern is your good friend” if you don’t understand the pattern of the market, do not place any order.

The third chart is a six-year day-to-day chart that shows the 10 and 200 day MAs ratios of SPX to CBOE Put/Call (or CPC). The SPX to CPC 10 and 200 day MAs have been increasing, because SPX has been rising, while CPC has actually been falling. If the 10-day MA ratio suggest goes back, then either SPX will fall, CPC will rise, or some mix therein will happen to where the 10-day MA falls towards the 200-day MA. The fourth chart is a two-year day-to-day SPX to VIX ratio chart with 50 and 200-day MAs. The ratio rose greatly from mid-Oct to early-Jan, when SPX rallied and VIX fell, and it’s currently near the top of the uptrend variety once again above 116. The ratio tends to suggest revert. So, it Bollinger Bands Trader may fall well listed below 100 within a month.

The next action is to contact Bollinger Bands a direct-access broker and develop an account with them. However, here it is very important for you to understand that day trading is regulated by particular laws. Make sure you know those laws which you follow them completely. For example, in order to have the ability to trade stocks and to preserve the validity of your account, it is legally compulsory for you to have at least $25000 in your account all the times.

OThe Stochastic shows a drop after the RSI went up and after that another push towards the upside. A turndown is anticipated in the short term. New positions can be taken when the market moves as expected and the RSI trades with the stochastic crossing at the exact same time. The method is to wait it out since we remain in the trade anyway. The method puts the stop at a close basis of 2.07.

Numerous traders wait for the price to strike the middle band and then move their stop loss to break even. Then they target the severe band in the direction of the daily trend.

I attempt to go with the pattern and identify the path of least resistance is where I desire to be. In simple terms, it is the quantity of price modification step in time. Timings make a great deal of distinction in currency trading.

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