Trade Bitcoin Trading

Bitcoin System Rules: Write Down The Rules and Follow Them

We shall use the previous steps to create a written bitcoin system that generates the trade signals displayed below using the 1 hour crypto chart. We shall use the 1H cryptocurrency chart to write the trade rules of this bitcoin strategy -bitcoin-currency trade strategy.

A bitcoin crypto strategy refers to set of written bitcoin rules which you follow to manage your trades. These rules must be written down so as to guide you. Following learn bitcoin tutorial will show and explain to you how to write-down the trade rules of your system.

Keyword is a SET OF RULES that you must follow. If you don't follow the trade rules then you do not have a system. Trade systems must have guidelines that are written down within your btcusd crypto plan.

Explanation of Bitcoin System below:

Writing Rules of a Bitcoin System - Top BTCUSD Strategies Methods

Writing Rules of a Bitcoin System - 1 Hour Bitcoin Chart Timeframe

You can come up with the above bitcoin system using the steps below:

Step 1:

Select your Chart Time-frame - 1H bitcoin chart

Step 2:

Choose Indicators which spot a new market trend - MA Crossover System.

Step 3:

Choose Indicators which confirm the bitcoin trend - RSI, Stochastic

Step 4:

Finding entry and exit points

Long Entry

  1. Both Moving Average pointing up
  2. RSI above 50
  3. Stochastic oscillator trading going up

Short Entry

  1. Both MA Moving Average pointing down
  2. RSI is below 50
  3. Stochastic oscillator going down

Exit

  1. Moving Average generates in the opposite trend signal
  2. RSI generates in the opposite market trend signal
Step 5:

Calculating the risks in every trade - 20 pips

Step 6:

Write down the bitcoin trade system Bitcoin rules

Step 7:

Test the system on a cryptocurrency Demo Account account

After using these guide-lines we come up with written bitcoin system rules below.

Writing Bitcoin System Bitcoin Rules

Write Rules Bitcoin Strategy - Top BTCUSD Systems - How to Write BTCUSD Strategy Rules Explained

Example of How to Write the Best Bitcoin System Rules

This system produces the trade signals like as shown below. Using these rules, traders can determine when to enter and exit trade positions.

Generate Buy & Sell Bitcoin Signals using Written Bitcoin Strategy Rules - Top Bitcoin Systems

Generate Buy & Sell Crypto Signals using Written Crypto System Rules

We have finished writing the guidelines, if you're researching on how to create the best bitcoin system, this tutorial is a good start to guide you on how to carry out just that. This is one part of a btcusd plan. Now how do you as a trader create a complete bitcoin plan? To read about Bitcoin plan course go to the right navigating menu of this website under key concepts where you as a trader can find a link for this Bitcoin trade plan topic.

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