1 Hour Day Trading Strategy Rules: Bitcoin Trading Rules of Day Trading 1 Hour Chart Timeframe

To create a 1 Hour Day Trading Strategy that generates the bitcoin signals on the H Bitcoin Chart shown below - Day Trading 1 Hour Chart - Day Trading Using the 1 H chart. We shall use the 1 Hour cryptocurrency chart to write the rules of this bitcoin trading strategy - 1 Hour Day Trading Strategy.

This 1 H Day Strategy refers to a set of written bitcoin rules that you as a bitcoin swing trader follows to manage your cryptocurrency trades on the 1 H Bitcoin Charts. These bitcoin strategy rules must be written down so that to guide you. This learn bitcoin strategy guide will explain how to write down the rules of your bitcoin trading strategy.

Keyword is a SET OF Bitcoin RULES which you must follow when trading. If you do not follow the rules of your bitcoin strategy then you do not have a Bitcoin Strategy. Bitcoin strategies must have rules which are written down within your bitcoin trading plan.

Example of 1 H Day Trading Strategy below:

Writing Trading Rules of a 1 Hour Day Strategy - Day Trading 1 Hour Chart - Day Trading Using the 1 H chart

You can create above 1 H Day Strategy using the steps below:

Choose Your Cryptocurrency Chart Time Frame - 1 Hour Bitcoin Chart

Choose Cryptocurrency Technical Indicators which Identify a New Bitcoin Trend - Moving Average Crossover Bitcoin Strategy.

Choose Cryptocurrency Indicators that Confirm the Bitcoin Trend - RSI Crypto Trading Indicator, Stochastic Indicator

Define Entry & Exit Points

Buy Trading Signal

1. Both Moving Averages pointing up
2. RSI indicator above 50
3. Stochastic oscillator heading up

Sell Trading Signal

1. Both Moving Averages pointing down
2. RSI indicator below 50
3. Stochastic oscillator heading down

Exit Trading Signal

1. Moving Averages technical indicators gives opposite bitcoin trade signal
2. RSI indicator gives opposite bitcoin trade signal

Calculating risks in each bitcoin trade - Select the number of Pips to set for the stop loss bitcoin order for your open bitcoin trades

Test the 1 Hour Day Strategy on a practice bitcoin trading practice trading account

After using these cryptocurrency trading step by step lesson you can create written 1 H Day Strategy Rules as illustrated & shown below.

Writing 1 H Day Strategy Bitcoin Rules

Examples of How to Write the Best 1 H Day Strategy Rules

This 1 Hour Day Trading Strategy produces the cryptocurrency signals as shown below. Using these bitcoin trading strategy rules -bitcoin-currency traders can determine when to enter & exit cryptocurrency trades.

1 H chart Day Strategy - 1 H Candle Break out Strategy

We have completed writing the bitcoin rules, if you are researching on how to create the best 1 H Bitcoin strategy - this learn bitcoin strategy guide is a good guide - you can also include the 1 H Day Trading Strategy Rules in your Bitcoin Plan.

1 H chart Day Trading Strategy - H1 Breakout Strategy - Day Trading 1 H Chart