Best day trading strategy for bitcoin/cryptocurrencies/Forex/Stocks/gold
Intraday trading is Both Profitable And risky. It depends on the trader if he/She can Maintain the discipline , patience, consistency. the three main needs to be a successful trader.This strategy can be used on all Pairs Stocks, Forex, Commodity or Cryptocurrency.
This strategy uses Three indicators which are free on Tradingview >
3. EMA 200
Our strategy combines This Three indicators for a profitable outcome.
Select the three indicators stated above- MAC indicator Default value is 34 which I personally use. If using 30M chart change the CM Stoch Time Frame to 15M and The 200 EMA
Conditions to go Long
1. Price above MAC
2. MAC above 200 EMA
3. CM Stoch Buy signal
Conditions to go Short
1. Price Below MAC
2. MAC Below 200 EMA
3. CM Stoch Sell signal
Check The conditions before taking any trade. only trade when all conditions are met.
Happy Trading
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