A simple trend following system. We use 2 moving average to determine trend. Green for up trend, red for downtrend. Trades are only opened on the trend direction.
In up trend, we will buy only if RSI is in oversold condition.
In down trend, we will sell only if RSI is on overbought condition.
Both of the condition are highlighted.
Keep the trading rule simple...
In cryptocurrency trading, It is normal that the price will retrace more than 70% in bear market. The bear market, the coin will be accumulated for the next bull market to come. To benefit in this situation, we need to buy low. The price must be low enough before we can enter the market.
This CTC BTFD Grid system is designed to proof the concept. It works...