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/biz/ - Business & Finance

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File: 119 KB, 640x1136, CB596478-A84C-4F59-9A5E-82B1FD0F967D.png [View same] [iqdb] [saucenao] [google]
10840810 No.10840810 [Reply] [Original]

>not using an indicator that tells you when to buy and sell

>not just using the daily chart with 5x leverage to win at bitmexican while enjoying life

This is like passive income.

>> No.10840823

which indicator is that

>> No.10840832
File: 11 KB, 1098x343, mmm.png [View same] [iqdb] [saucenao] [google]
10840832

>>10840823
this is the only indicator i see and it screams sell.

>> No.10840834

>>10840823
Seems like macd and rsi?

>> No.10840842

>>10840810
explain plz

>> No.10840856

>>10840810
WHOA
WHOA
WOA
YOU ARE TELLING ME
OF ALL PEOPLE
ABOUT TRADING CRYPTO
AND YOU
OF ALL PEOPLE
IN THE WORLD
USE CANDLESTICKS
WHEN VIEWING YOUR CHARTS

>> No.10840861

>>10840823
One that costs .06btc to buy but you can trial it for 48 hours.

I’m not going to say the name of it here on /biz/ because usually how these things work is the more people that get privvy to it and start using it, the less reliable it is. I’m just mentioning that this DOES exist and only has around 96 people liking it on tradingview right now.

Custom script that took a few months to develop and backtested.

If anyone here does find it, shut the fuck up about it. Consider this your goldrush clue.

>> No.10840864

>>10840823
>>10840834

Bollinger bands
moving averages
RSI
MAC-D
typical normie indicators


Replace RSI with a volume-weighted momentum oscillator
Replace MAC-D with volume oscillator + price action and you got a sweet set up for divergences based on volume.
RSI + Price for divergences are flunky.

>> No.10840876

>>10840861
whats your discord or telegram handle? i want to send you a pm

>> No.10840877

Nevermind he is using a custom script that indicate pivots for reversals

>> No.10840891

>>10840856
>candlesticks

absolute state of this board

>> No.10841030
File: 67 KB, 399x351, 1532517295803.jpg [View same] [iqdb] [saucenao] [google]
10841030

>>10840810
Plox tell me where the chart says the price is going??

>> No.10841041

>>10840877
Are we going to reverse down now?

>> No.10841293

>>10840810
>heikin ashii
spotted the brainlet, kys now before you lose all your money

>> No.10841503

>>10841293
whats wrong with heiken-aishi?

>> No.10841669

>>10841293
Which ones do you use?

>> No.10841700

>>10841293

>things heiken-aishi is for brainlets

founds the real brainlet, nigga momentum is key

>> No.10841721

>>10840810
>bart hits
>lose the last 4 days of profit
real passive bro

>> No.10841724

>>10841503
>>10841700
>>10841669
signals are wrong. for example, take the second red triangle and the first green one. you'd think "woah, finally a signal that buys low and sells high!" while in reality, the short order would be execute on the open of the red candle (the real open, not the open of the heikin ashii candle) which is usually the low of the heikin ashii (so at around 6400). and then your order will close on the open of the green candle with arrow (not the heikin ashii's open) which is usually the high of the candle you see in chart (aka around 6800).

so what looks like a profitable trade, even in backtesting, is actually a shit one, because heikin ashii's close != normal candlestick's close.

you would make some money in the bigger trend (like in the picture, the strategy would short at 7900 and buy at 6000), but usually you'll get just on the whipsaws in the long run.

last but not list, i think it is actually profitable on 1d chart of btc, but backtesting results are way off, and you'll definitely get justed on intraday candles

you can solve this buy importing normal candle's close in you study/strategy and use those for entries and exits, and you'll see that it's not as good as it sounds

>t. tried gambling with a heikin ashii strat for a week

>> No.10841783

>>10840861
If this is legit i will send you 50% of my profit

>> No.10841827

>>10841724
Makes sense desu

>> No.10842953

>>10841783
hahaha

>> No.10843018

Is this btc specific or how could i find it?

>> No.10843021
File: 87 KB, 1433x824, 0xIvYbX.png [View same] [iqdb] [saucenao] [google]
10843021

>>10840810
>>10840861

this shit just looks like psychological line with 4 days
>paying for a shitty indicator that is available for free

the state of /biz/... jesus

>> No.10843033

>>10840856
Those aren't candlesticks you brainlet

>> No.10843206

>code bot
>generate more than 7.5mill volume on bitfinex
>win

never have to work ever again. cost me around 10k.

fuck your indicator bullshit op

>> No.10843742

>>10841030
up for a few days then down