Revised 3rd take: $BTC Lazy Trading System and extra $650,000
For the past 2 years I have been back-testing various indicators and seeing what the results would have been. I started on the daily time frame which would have got us out of BTC @ $16000 Dec2017, But Back in May 2019 I begun a weekly time frame system.
This is the 3rd installment
What has changed: Removing buying in when Weekly candle closes above the 20MA and replacing it with a 10 Week EMA over the 20 Week EMA
This gives you approx $650,000 more than the last update using the same time frame. This system had not been triggered in 2019.
Here are the rules
1. We only use Weekly chart for buy and sell signals
BUY:
(10) EMA over the (20) EMA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell the new week
buy back in if ALL BUY RULES ARE MET
if the candle closes below the 20MA sell the rest of the 50% or all
I have marked on the chart where the entry and exit days are and with a initial capital of $10000 the results are
Begin trading in 2011 $118,805,651.30
Begin Trading Sept 2012 11,778,781.54
Just Holding from 2011 to today's value ($7195) $63,114,035
Just Holding from Sept 2012 to today's value ($7195) 6,056,397
So you pretty much double your profit no matter what timeframe
This is the 3rd installment
What has changed: Removing buying in when Weekly candle closes above the 20MA and replacing it with a 10 Week EMA over the 20 Week EMA
This gives you approx $650,000 more than the last update using the same time frame. This system had not been triggered in 2019.
Here are the rules
1. We only use Weekly chart for buy and sell signals
BUY:
(10) EMA over the (20) EMA
Stochastic RSI upward but not above 80
MACD at least 3 histogram bars in a reverse swing buyers momentum
if all rules are met buy on the week start
Sell:
Sell 50% if Stochastic RSI has been above 80 and drops below - sell the new week
buy back in if ALL BUY RULES ARE MET
if the candle closes below the 20MA sell the rest of the 50% or all
I have marked on the chart where the entry and exit days are and with a initial capital of $10000 the results are
Begin trading in 2011 $118,805,651.30
Begin Trading Sept 2012 11,778,781.54
Just Holding from 2011 to today's value ($7195) $63,114,035
Just Holding from Sept 2012 to today's value ($7195) 6,056,397
So you pretty much double your profit no matter what timeframe
