Here is a simple strategy, or at least something to help build a bias. I have not looked that much into it but I checked charts and it worked ALL THE TIME FOREVER AND EVER.
I did not want to share anything lately, but seing how idiotic the cryptoers are, how there have been a new bubble every 5 years for the past 400 HOW ARE PEOPLE THAT STUPID HOW DO THEY KEEP FALLING FOR THIS MOOONKEYS! My top strategies (short term) have worked forever (no one figured them out really? or?), I got some that are completely unrelated totally different strategy with different tools to feel completely safe, but ye I am not too worried now, so I can share (not my top strategies thought, these are top secret). Got one with 70% winrate and a RR of 2 that's probably the best strategy ever invented by mankind or just made public lol. Oh it is my worse one.
You can check what MA200 daily gives, but EMA15 on monthly chart is so much better. When price is clearly above it you could keep opening long swing trades for years and win right? Or buy short term when it gets visited, perhaps.
You might have heard of the rule with the daily MA200
Works 60% of the time everytime.
But with EMA 15 it works 90% of the time everytime (I do not know actual numbers have not really tested this strategy).
Can be improved of course, just an example and something that might be useful. Stock market has a bull bias, so best to be more selective with short. Or not short at all
Oh and if you are thinking "meh I want 50000% gains on my 15$ investment this is bad", this works with billions of dollars np.
Maybe I'll use this when I made huge GAINZ from short term trading FX & indices.
And the moment you've all been waiting for:
Hey, works even better with the 3 month chart:
노트
Famous 7 Time World Trading Champion Chuck Hughes found the 50 and 100 EMA to be the best Signal for a Change in Trend. Through extensive back-testing he found these EMA’s to give the earliest signal that also resulted in a Long-Term Change in Trend.
With world champion technic:
With weekly EMA-5 and EMA-10 (I prefer weekly chart to daily):
With world champion technic:
With weekly EMA-5 and EMA-10 (I prefer weekly chart to daily):
I will continue checking that later perhaps, maybe make a new idea. Or maybe not, I am not that interested I do not do that much swing trading and I know how to recognize a trend if I need too.