$BTC Trading system for the Lazy Trader still beats #HODL
The following rules would have generated $8,299,810.26 from $10000 instead of Holding $5,140,425 beginning from 17th September 2012 to now.
1st off I have to say this didnt take long to back test. It is pretty simple
Here are the rules
1. We only use Weekly chart for buy and sell signals
BUY:
Weekly candle must be above the 20MA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell the new week
buy back in if ALL BUY RULES ARE MET
if the candle closes below the 20MA sell the rest of the 50% or all
#NOTE this can be highly more profitable with a bit of tweaking
1st off I have to say this didnt take long to back test. It is pretty simple
Here are the rules
1. We only use Weekly chart for buy and sell signals
BUY:
Weekly candle must be above the 20MA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell the new week
buy back in if ALL BUY RULES ARE MET
if the candle closes below the 20MA sell the rest of the 50% or all
#NOTE this can be highly more profitable with a bit of tweaking
if Stoch RSI has been above 80 buy drops below sell on the 2nd day of it being triggered