1st Chart Light Blue 7/30 MA cross, BUY 2nd Light Blue 10/21 Macd touches Dark Blue SELL On a 30-minute time-frame.
If you want to scalp using the system you can always zoom into to a 3-Minute or 5-Minute time-frame
Note:
1st Buy Signal is normally on the 1st Chart 7/30 MA If 7/30 MA does not fall and cross then the Buy Signal comes from the 10/21 Macd Exit Signal is always from the 10/21 Macd
Bottom Volume Chart: Blue = China, Yellow = MtGox, Red = Btc-e and White = Current Chart (Stamp In This Case) , Are Extra Assurance Indicators that the Market is Strong or Weak
FAIL-SAFE:
To avoid False Signals Use The Movable Red Line on the First Chart. Simply hover your mouse over the red line and align it with your Proposed Entry Point on the 7/30 MA where the Light Blue is beginning to indicate a Entry Point:
Previous Dark Blue area is BELOW the Red Line = GOOD ENTRY Previous Dark Blue area is ABOVE the Red Line = BAD ENTRY
Never Enter When The Dark Blue 7/30 MA is on ANY kind of Downward Slope ! ! ! Even a Downward Slope of 1-Degree declination can create a False Signal, Make sure the 7/30 MA Dark Blue Area is Level / Flat or Inclining Upwards BEFORE Entering your trade.
EXIT POINTS:
Early Exit = Yellow Price Line touches Light Blue SELL Late Exit = 2nd Light Blue 10/21 Macd touches Dark Blue SELL
PRICE ALIGNATION:
Price is always reflected via the Yellow Price Line, The Yellow Price Lines Highlights When Touched By Your Mouse Reflecting The Current Price In The Right Scale Bar A good way of viewing / tracking price of Entry and Exit Points.
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