4H Chart Strategies
4H Crypto Indicators
An exemplification of 4H Bitcoin Simple System - that's a combination of:
- Moving Average Crossover Strategy
- RSI CryptoCurrency Trading Indicator
- MACD Crypto Indicator
4H Bitcoin Example Method Rules are:
4H Chart Strategy - 4H Chart Strategies - 4H Bitcoin Example Strategy - 4H Bitcoin Timeframe Method
Rules: 4H BTCUSD Timeframe Strategy - 4H Crypto Indicators - 4 H Bitcoin Simple System
Buy Bitcoin Signal is Generated when: - 4H Bitcoin Time-frame Strategy - 4H Crypto Indicators
- Both moving averages heading up
- RSI is above 50
- MACD above centerline
Sell Bitcoin Signal is Generated when: - 4H Bitcoin Time-frame Strategy - 4H Crypto Indicators
- Both moving averages heading down
- RSI is below 50
- MACD below centerline
4H Crypto Time-frame Strategy - 4H Crypto Time-frame Trading - 4H Crypto Indicators - 4 H Crypto Simple System
Exit Signal - 4 H Chart Trading Strategy Method
Exit signal is derived and generated when MAs, RSI and MACD indicators give a trade signal in the opposite trend direction.
The chart time frame to use is 4H Bitcoin chart timeframe.
For a beginner wanting to come up with a 4 H Chart Trade Method the above written trading rules will give a good examples template of a 4 H Chart Strategy that can be used to generate buy & sell trading signals - 4H Chart Strategies - 4H Bitcoin Example Strategy - 4H Bitcoin Timeframe Strategy - 4H Bitcoin Time-frame Trading - 4H Bitcoin Simple System.
4H Chart Strategy - 4 H Chart Strategies - 4H Bitcoin Example Trading Strategy
Generating Signals with this 4H system is the best technique that a beginner trader can attempt to figure out the btcusd trend & with a little back testing on practice demo trade account so as to test this 4H Bitcoin Trading System
Best way to backtest a trading strategy is by following these 2 steps:
- Paper Trade your 4H Bitcoin Simple System
- Demo Trade your 4H Bitcoin Simple System
A good tool to use to backtest your 4 H Simple Trade System is referred to as the MT4 BTC USD Crypto Trade Step by Step Tool. Found on the MetaTrader 4 charts toolbar of MT4 software platform, If you want to find the chart tool bar on the MT4 software it is at the top of MetaTrader 4 software. If it's not: Press View (next to file, left top corner of MT4)>>> Toolbar >>> Charts. Then click Customize button >>> Choose Bitcoin Trade Step by Step >>> Press Insert >>> Close.
MT4 H Chart Tool Bars - How to Trade 4 Hour Chart for Beginner Traders
MT4 BTCUSD Step by Step Button for 4H Chart Strategy - 4 H Chart Strategy - 4 H Chart Trading Methods
Once you get this MT4 tool you as a trader can move your 4H chart backwards, & use this MetaTrader 4 btcusd trading step by step button to move the 4H Bitcoin chart bitcoin trading step by step while at the same time testing when your 4H Bitcoin simple system would have generated either a buy or sell signals, & where you would have exited the trade transactions, then write the amount of profit or loss per trades made using the 4 H Chart Strategies and out of a sample number of trades you would then calculate the overall profits and losses derived and generated by the 4H Chart trading strategy - 4 H Chart Strategy - 4 H Chart Strategies - 4H Bitcoin Example Trading Strategy Method.
If your 4H bitcoin strategy is profitable on paper then, it's time to demo practice trade and test if the 4 H Chart Strategy Method is profitable on the real market as it is on paper trading technique. This is the process of backtesting 4 H Chart Trade Strategy.
Writing a BTCUSD CryptoCurrency Trade Journal
Maintain Journal to keep record of profitable trades, and figure out why these trade transactions were profitable. And also maintain record of all losing trade positions, figure out why these trades made a loss and then avoid making these same mistakes the next time that you trade using your 4 H Chart Trading Strategies.
Tweak your system until you get a good risk-reward ratio, with signals which you generate. Aim for a good risk: reward of 3:1 & use money management principles and read the topic about: Risk Reward Ratio - 4H Chart Strategy - 4H Chart Strategies - 4H Example Trading Strategy.
4H Chart Strategy - 4H Chart Strategies - 4H Bitcoin Example Trading Strategy Method
Equity Management Methods Guide Lesson
More Lessons and Tutorials & Topics:
- MetaTrader 4 Profit Loss Indicator Window MT4 Terminal Window
- BTC/USD Candles Patterns Indicator
- Standard BTCUSD Trade Lot vs Mini Bitcoin Lot Described
- Types of BTC USD Trade Apps
- Best BTC/USD Indicator Combination Bull Power BTCUSD Trade MT4 Indicator
- How Do I Open a Live MT4 Account in MT4 Trade Platform?
