13 short opportunities for crypto currency pairs on Jun 11
Here are more samples of what these scripts generated for today. Lots of shorts after the 13% Bitcoin drop on Friday. I was only able to generate 1 long but the momentum is clearing pushing all cryptocurrency pairs down. All data from Binance Exchange
Assumption: this focuses on buy signals on the long side for now only
I want to know if I am the only one doing this type of ranking system with so let me know by commenting in the Youtube video from below.
This is site shows how bearish the crypto market has become as found at CoinMarketCap. I have found 4 possible opportunities based on daily timeframe with buy signals. As a result I show with indicator charts to show how these can backup the buy signals.
A few things to note that can impact your entry/buying decision:
Volume is a huge factor but I need to figure out proper thresholds for both daily and hourly timeframes. In order to speed up these reports, I can easily filter out those opportunities based on these thresholds.
We can now factor momentum vs volatility vs valuation and so on based on what the video and spreadsheet data holds
Should I breakout the short and long opportunities which can be properly lined up with the specific harmonic patterns
Once properly implemented, I can determine the correct pairs to buy with proper allocation of capital available for that trading. There are numerous factors to consider but as they say, this data does not lie. There is no more guessing or trading on imitation any more. It all data driven which will eliminate human influence.
You will find this sample spreadsheet file but do understand the data is well over a week old so don’t try trading off it. Also, if that was the case as you should never trade off of a crutch like this.
I also plan to apply some machine learning elements to get further data, figure out the weightings based on the indicators, and build an overall report with charts and logic built in.
Lots of parameters I am using to combine proper trading decisions for optimal profit return. I am showcasing the combination of this for highest returns when position are entered. This is important to watch to understand you cannot depend on one or two indicators. You may wonder why folks are losing money left and right. There are so many false positives out there for bad positions to go bad. Do understand these parameters can be used universally for all major asset classes. This includes crypto currency with Binance Exchange for my needs. Also, I am using Python to create these but I am starting to hit limitations with it.
Remember this is to kept simple. This includes technical analysis since it seems to work ok versus other analytics techniques I tried.
Double your trading opportunity just from 1 correction !
I have corrected this big as hinted in this Youtube content listed below. . Please find I am now able to double my opportunity of trades just from this simple correction. This goes in hand with my evolving Automated Head and Shoulder indicator.
This has a huge benefit if you are into building scanners for crypto currency. Also, remember I did not fund any of these exchanges but always remember to be on guard with your data with exchanges you may not trust. This will help in my automated head and shoulders demo I will have tomorrow night. Get details below.
Automated head and shoulders webinar on tomorrow night
You are invited to a Zoom webinar.
When: May 23, 2018 7:00 AM Eastern Time (US and Canada)
Topic: Automated head and shoulders webinar demo
Please click the link below to join the webinar:
Or iPhone one-tap :
US: +16465588656,,255491924# or +16699006833,,255491924#
Dial(for higher quality, dial a number based on your current location):
US: +1 646 558 8656 or +1 669 900 6833
Webinar ID: 255 491 924
International numbers available: https://zoom.us/u/fnY7djwr
One person commented on the video below how useless the video was. I must there person is sort of right on the way the content is presented. Do understand this is to how potential of using statistics in your analysis for automated trading.
I am relying on you, my community from all my social media and this newsletter list. I am learn loads from many to improve the process of getting better results and forecasts for my automated trading.
You want to understand what the markets are telling be it technically or statistically. There are many other ways via machine learning or more deep math. I am sure each one will be used for different use cases. As for me, I want to use the ones that will give me optimal trading results in terms of profit. I am sure you get that.
NEW Technical analysis on many forex pairs for Feb 21
NEW moving average Technical analysis on many forex pairshttps://quantlabs.net/blog/2018/02/technical-analysis-on-many-forex-pairs-for-feb-21/
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
Most volatile currency pairs for effect forex automated trading
I just posted a half hour video on how volatility can impact your Forex Trading. This was processed within the last 24 hours so it’s quite relevant to all the political news that you don’t know anything about. It most likely could enhance your returns based on these volatility swings.
If you have not seen the latest returns on some of the most volatile crypto currency’s, there is so much money being left on the table you know nothing about. I just posted another video on the returns you would’ve made on both Bitcoin and Litecoin just alone this year. It is pretty crazy stuff.