Friday, November 2, 2018

I’m not feeling the bear market with this narrow range trade strategy

In short I used coins with daily average price variances of 8% +/- any coin that stays within that target range for more than 7 days in a row is a target. I used OptiToken which is a great token for volatility and price action and it was quite profitable, you find the moving averages and use that as price. Then you need the average variance variables for your period of time I used 1 week most successfully. You then make the market between these numbers essentially. Buys st the lower end and sells just under the upper end. Stop loss should be placed 3% under the lower MA for safety and if it falls thru the first time than abort. The more profit you have the more you an risk to the down side but you should just leave that 3% stop loss in play ideally. Any questions?



Submitted November 02, 2018 at 02:27PM by cafdatotic207 https://ift.tt/2qpseIh

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