Bitcoin Forum

I did put together this strategy and i did quite well when i obey the rules and stick with the trend each time i try to go against the trend and be greedy I made some money but loses got bigger that wins.

Charting setup

    chart time frame 1H


Because is easy to scalping

    300 SMA


if the price is above this you go long most of the time and you need to extremely careful shorting
if the price is below this you short most of the time and you need to be extremely careful going long

    RSI-W 14, 5 (yes 5 not 3)


use the 70 and 30 line to check the trend whe the price is trending RSi tend to stay on a single side the RSI avg(5) can help you to remove some noise

    Donchian channel 20 (use 55 if you dont want to trade often)


this is the trading channel a move about the top line is a long signal and a move below lower line is a short signal
the mid line can be used to enter early on the market, for example when the up trend make some pull backs touching the mid line can be used to go a small long position because the price can bounce is a bit risky but it pays

    Parabolic sar (default)


this trails the trend over time and when few candles "sit" on PSAR the trend is over or almost over a shift on the PSAR from up to down or down to up is signal for a trend change the closer is the PSAR to donchian channel middle line is more likely to see a trend continuation (300 SMA)

    Pivot points 1 formula 0, time period 1 day
    Pivot points 2 formula 15 (fibonacci pivot points) time period 1 day


PP offers price targets when trading with the trend the price goes more to R2/S2(sometimes spike to 3 and 4) and against the trend the price usually stop on PP/S1/R1

    Momentum using OHLC AVG


Offers a late confirmation for entering/exit the trade with a chunk, cross below zeroline is sell momentum and cross above zeroline is a buy

Time rule 6hour, if in 6 hours you are not in profits look to get out
Put this study collection on your sierra chart data folder (C:\SierraChart\Data) then go to Analysis and you will see on the menu the study collection scalp

Aw, nici macar n-am auzit de scalping pana acum.  :-[

Deci e un fel de arbitraj....oarecum?

Mișcările against the trend sunt rapide și scurte cea ce multa lume numește crack and snap nimic ciudat doar o forma de a scutura oameni de bani

Exista posibilitatea de automatizare sau necesta interventia manuala la fiecare fluctuatie.

totul e manual

nu mai este cazul de azi Sierrachart suporta bitcoin si trading pe mtgox 

Adica se poate automatiza?

@myself: Ce-ar fi sa facem un skype conference ceva, sa ne explici cum sta treaba cu sistemul acesta.
N-am background economic si am inteles mai nimic ... pana acum :)

too-bad: btw your shit seems to be working well https://i.imgur.com/NZfwtzj.png

Daca pot sa mai dai niste detalii ce indicatori ar trebui sa urmarim , cand SMA e mic ~97 ar trebui ca cumparam bitcoin ?

De exemplu nu reusesc sa vad corect time.

sunt sigur ca fac ceva gresit , asa arata graficul setat la o ora

AM gasit datele astea anterior, si am incercat. Stiu ca e ceva gresit la timeline graficului si de aici stiu ca e gresit tot graficul. Ma las batut azi , dar si maine e o zi.

AM incercat si datele alea , ce nu intteleg eu este graficul sare de la ora 6:00 la ora 21:00 ziua curenta

Mai o intrebare cum salvez , sa nu mai refac toate setarile ? Am tot incercat da nu reusesc.

OK am gasit de unde era eroarea, la Symbol aveam mtgoxUSD in loc de BTCUSD

Multumesc, am rezolvat.

In teorie ambele ar trebui sa fie identice dar graficele arata diferit daca folosesc mtgoxUSD

Am reusit sa instalez corect tot . bataie de cap. am lasat timpul in UTC (+0) se sincronizeaza corect cu sierrachartfeedUTC.exe , totul pare in regula acum.

Incerc sa vad daca se poate , sa fac tranzactiile direct din sierrachart pentru MTGOX , e posibil ?

mtgox trading este in development (este pus in meniu)

Acum cand mi-am dat seama cat de cat cum merge, e cursul stabil :) nu prea merge sa faci nimic la short