Okay, niggers, listen up. I'm going to share with you the best and easiest way to daytrade anything. No memelines, not autistic TA, no complex indicators. Just one simple rule.
5 minute charts MA 5 MA 13
Buy the candle that makes MA5 pass MA13. Sell when MA13 hits MA5. Stoploss at 1% of entry point.
It's literally free money. Boot up whatever charting tool your are using and check your favorite pair and see for yourself. This method makes gains on 8/10 trades. Works both ways, you can go long or short, or even back and forth if things line up well. Even better if you're using a little bit of leverage, like 3x-5x.
Enjoy.
David Roberts
Anyway to get that on binance. Also why ma5 and ma13
Luke Bailey
I'm using 9 and 13 so am I doing something wrong? ty for the tip user
Caleb Roberts
They are fibonacci numbers, which for some reason are statistically better than random numbers. The binance trading platform is crap, you can't configure shit. I suggest setting up a free tradingview account, that allows you to use 3 indicators. 9 and 13 are too close together, that will end up giving you a lot of false signals.
Justin Morales
In binance you go to exchange -> Advanced and you can set 3 MA values. Looks like this method could work but the fees would also kill you in many cases
Evan Wood
Thx user
Parker Bailey
This, it's a good tip, but i calculated 0.5% fee on every trade it just kills the gains
Oliver Ross
Even if you have a few BNB to cut your fees in half?
Connor Thomas
on binance it's 0.1% back and forth?
Jack Howard
>Looks like this method could work but the fees would also kill you in many cases True, that's one of the downsides, the other being that it's relative time consuming. However there are enough cheap platforms out there. I'm using Kraken for example, which has a 0.16% taker fee + 0.01% margin and settling a position is free, so I make gains after +/- 0,17%, which really isn't much. You could also use Bitmax, or any of the other completely free platforms and avoid fees altogether.
Carter Carter
You obviously don't daytrade on a platforms with fees that high.
Ian Thompson
the fact that you are sharing mean it doesn't work anymore.
Jace Long
Quite the opposite actually, brainletbro. If more people would trading according to this pattern it would only become better.
Anthony Moore
i wish i was not a total retard and knew how this stuff worked. could someone point me to somewhere where i can learn about this stuff?
Luke Ward
>works 80% of the time so what's stopping you from being the next jeff bezos? 80% success rate would turn pennies into billions in months
Adam Russell
So you steal my gains? Nah. DYOR or DIE
Christian Sanders
i have a backtesting stub on tradingview, give me 5 minutes and i'll post backtest results to BTFO OP
Hunter Cruz
brainlet here, what do you mean by Stoploss at 1% of entry point, specifically 'entry point'?
William Ortiz
Interested in this.
Brayden Lee
You're gonna lose money just to point out he was wrong. At least thats how you sound like.
Daniel Russell
mm, yeah on binance it's a total of 0.2% that might do it.
Kraken has none for the next 3 days, even better
Aiden Lee
Cryptowat.ch is your friend
Joshua Williams
i'll just see if he considered 0.4% in trading fees
Zachary Ramirez
Whether you buy at only ever sell at a profit or 1% loss
Connor Collins
In
Ethan Howard
I've already addressed that.
Ayden Peterson
5-13 ema cross, 1% stoploss on btc
10k initial capital, 0.1% fee
with 0% commission you still get 14% loss
Aiden Miller
JUST
Henry Adams
Good looks OP
Connor Adams
Hmm nice, i didn't know this was possible. It's hard to set up these backtesting methods?
Jeremiah Morales
Have you spend one second looking at this? I said buy/sell at the crossing points, which your simulation isn't doing.
Here, I've circled the crossing points, most of the trades you made are not on them.
Angel Bennett
I have the last two years of data for the S&P 500.
I'll let you know how well it does in a few hours if this thread is still alive.
Angel Nelson
1 min chart or gtfo.
Benjamin Edwards
Also this thing is constantly missing out on taking profits when it could.
Jaxson Jackson
What program is this?
Grayson Thompson
To make it very simple
You buy when the green line passes above the red one by x% Sell when red line passes above the green one by x%?
That's it? Sorry don't know the correct vocabulary yet I'm gonna look into it
Robert Diaz
not really hard, but time consuming at first.
i wrote a template strategy where i have tons of indicators, stop loss, target, etc... so i can test new strats pretty fast
that's how ema works famalam, the newest candle adjust the ema on previous one, that's why it seems that the entry is delayed. my previous backtesting waited for the previous 5 minutes candle to close, and if it closed with good ema cross then it bought on the open of the next one.
here's another test (0.1% fee) where it buys and sells without waiting for a close (interestingly enough, with 0% fees you get +5% after 211 trades)
as you can see ema cross alone is shit for trading because it's way too delayed 90% of times
you never said anything about taking profits, but i got it implemented, tell me a % and i'll post results
tradingview
Christian Martinez
A video example would be a god send
Grayson Reed
0% fee with intracandle trading
Jonathan Butler
this is what bots actually do and hnestly it fucks with the ma
Adam King
Looked at quite a few charts and they all line up closely with IB's PSAR implementation.
(IB's PSAR calculation is different from everyone else's)
Robert Baker
that looks much better than the first
Anthony Foster
Binance fees are nothing you Autist are you fucking serious. Btw I've been trading with out any training or charts like op is using. And I've been pulling profits on Binance. You just have to have that fucking feel for things.
Key point that will either make or break your trades. Patience.
Isaac Sullivan
>5 min charts Lmao, look at this niggers pussy bets. Not enough liquidity for making real money.
Samuel Hill
You buy when MA5 (green line) touches MA13 (redline) after it was below it. You sell when MA5 (green line) touches MA13 (redline) after it was above it.
BUT
But that doesn't mean that you hold until the next crossing point, you obviously take profits. Pic related. The crossing points are just where you get in. I think people might have been confused by my wording in the OP. By buy I meant go long and by sell I meant go short.
It's hard to say when to take profits, because I usually make that dependent on the chart. Like if you go to the 1 hours chart and see an obvious up/downtrend you obviously try to ride that out as long as you can. But let's try it humble and go with 1%.
Blake Hall
yeah, but show me where i can trade with 0 fees. also it's +5% in 8 days or so and you make 1 trade every hour on average
Blake Carter
Am I missing something. .1 percent guys. It's not one percent...why do people think that's alot. I've checked my tx fees of my shit tier trades that I do. They amount to less than a dollar on most trades ffs.
Joshua Green
Could you post the template pretty please?
Lincoln Hill
Thank you for saving my shekels based user.
Oliver Jackson
>But let's try it humble and go with 1%. 1-1 risk/return is pathetic famalam, 1-2 is decent. but i've tested both with intracandle trading enabled:
>1-1 with 0.1% fees 23% loss after 212 trades
>1-2 with 0.1% fees 20% loss after 211 trades
>1-1 with 0% fees 12% profit after 212 trades
>1-2 with 0% fees 17% profit after 211 trades
pic related is the most profitable one (actually all those percentages should be 5% higher because you can buy half btc while here it buys whole btc only)
if you do 100 trades you loose almost 100% of your money on fees alone if it's 1%
no
Anthony Evans
Someone who actually learnt Pine, wow respect
Aaron King
i fucking love writing strategies in pine, too bad none of them makes money, kek
Christian Diaz
Can you add shorting with the same rules?
Luis Cruz
>no Fuck you piece of shit, remember karma is a bitch
Gavin Torres
yes. 1-1 or 1-2 risk/profit? and tell me the fucking fee you want me to use
DYOR brainlet, you can find everything online, i just copypasted different code snippets into 1 big one
Cameron Rodriguez
desu l wouldn't share it either, thanks for sharing the 5 ma, 15ma tip though OP
Aaron Garcia
Go with no fees, and use Bitmex data.
Zachary Robinson
Nigger am I just a brainlet or missing something? Lose money on 100 trades if the tx fee is .1 and I profit 1 percent on every trade? Who the FUCK traded for such small amounts. Ffs let's say on eth chart I buy at .00075 I'll sell when it's like at .00078 or higher minimum
Either I've been fucking my self this whole time or you guys are all dumb niggers who complain about 20 cent transaction fees. And also dumb bugs that sell when the chart barely makes a fucking move up
Liam Perry
Sry on phone. Hard to type
Evan Powell
bitmex, 0 fees, 1-2 risk/profit
with 0.1% fee you get 12% loss
>you have 100 usd >fee is 1% >you do 100 trades >you breakeven because you strats is shit >you pay 1% for 100 times
that's less than 100% but you get burned out pretty fast
>20 cent fee if you buy 20$ worth of eth maybe. if you buy 10k worth of eth that's 100$ on 1 fee
Brody Long
my point is that you need to make 1% profit on average, including the fees you pay on every trade, which is unironically very hard
Carson King
>5 minutes charts isn't that a little too small? back when I was trying to make a forex bot I had way better results with 1H or even 4H charts, does it work differently due to the volume in each market?
Ayden Davis
Looks good to me, especially considering how you could get more out of many of those trades. Thanks user!
Carter Brown
you could add the re-entry after closing trades with good ema, that would probably make some more %.
>especially considering how you could get more out of many of those trades except you can't. you either follow the signals and make exactly the same trades or you'll lose money because you buy high sell low, that's how psychology works
anyway, bitmex has fees
Daniel Richardson
I thought it was a fraction of a percent. Not actually 1 percent.
I've been rused! Btw I've been in the game for 3 weeks. Trading since day 2 , maybe I'm just a real hustler and good at trading. Yea I goof up sometimes but when I do trades I'll pull a good 3 percent or more on average per trade.
Adam Price
>5 minute charts >MA 5 >MA 13 >Buy the candle that makes MA5 pass MA13. Sell when MA13 hits MA5. Stoploss at 1% of entry point. >not autistic
Joseph White
Then why not posting it? Fuck you
Jacob Reyes
why not sending me 1 eth? Fuck you
it is fraction of one percent, around 0.5% usually. but after 200 trades it's the same shit
Joshua Hernandez
It would cost me 1 ETH. Pasting your template would cost you NOTHING
Hudson Turner
that's not how it works user. it's MY template. sharing your gf with me would cost you nothing too
Henry Perry
Is this a buy signal?
Thomas Taylor
>w..hy isn't everything FREE reee
Aaron Phillips
It would have consequences on our relationship. Sharing your code would literally change NOTHING in your life. Yeah, you would do something good for others without ANY EFFECT on you. And still you deliberately choose not to do it. I wonder what happened in your life to turn you into something like... This
Alexander Lee
so does this work or not? all I see is two dudes larping with charts and faux strats
Daniel Sullivan
can i play around with different settings? like set MA's at 5 and 21 and 30 min charts?
Jordan Flores
It kinda works if you can make a bot out of it
Jackson Martinez
technically yes but consider that you are buying on the top of the candle
you would've already made one yourself instead of being a begging soyboy on Veeky Forums. i wonder what happened in your life to turn you into something like.... This
Angel Gomez
btw niggers you can do this shit in kucoin as it uses the tradingview API in adv mode
Luke Diaz
>if you do 100 trades you lose almost 100% of your money on fees alone if it's 1% no you don't
Ethan Parker
Shut the fuck up you ungrateful pajeet. A lot of info was already posted. The whole internet is a few keystrokes away and all you do is hope that you get all the information for free on fucking Veeky Forums you cunt.
Jeremiah Nguyen
youre not an anime girl you sick freak
Connor James
I will make it myself and probably even better, just saying next time you need help and no one will help you remember this day, next time you're desperate remember this day, when you will get cancer (and you will, dude, trust me) remember this day. People like you make this world worse and should be eliminated.
Nathan Thompson
>I will make it myself and probably even better good job dude! that's exactly what i wanted to achieve. trust me, i just did you a big favor.
Daniel Green
I bought at bottom of that candle actually
Bentley Reed
Fair enough
Evan Miller
Holy shit stop crying
Eli Walker
For people complaining about fees, you can also use 15m, then it's around 3-4 trades per day instead.
Benjamin Carter
Fuck off pajeet. Pinebro has given infinitely more than an ungrateful faggot like yourself deserves.
Juan Powell
0% maker fee on GDAX. Kraken is doing free fee trading right now until the end of January
Blake Cruz
>0% maker fee eh, you need to make limit orders, which are a hit and miss if you automate it
Noah Hall
I always thought about making a bot that uses a low adx number (around 10), and an oversold RSI stoch on the 1, 5, 15 min and 1 hour chart as an entry point. I'd use the base level of the 5 or 15 min RSI stoch as the exit point. I don't have much experience with pine, any good guides?
Christian Sanchez
you can write a strategy in pine and use autoview to automate it, without writing a bot.
>any good guides? if you know how to code, than just copy paste other people's code snippets until they work
anyway, has anyone used 1broker? on the website it says 0 fees for market orders, and autoview can trade on there
Elijah Thompson
>Anyone use 1broker Yeah, but I stopped because I thought they ran out of btc over the summer due to the massive bull run and the fact that you could copy other people's trades
Luke Scott
well, i'm trading small amount and i don't plan to copy anyone.
so i guess a simple ema cross with 0 fees could actually work, nice
Adrian Hughes
>if you know how to code Noob here. Any recommendation on which programming language to learn?
Jaxson Campbell
>pajeet begging doesn't work so he wishes cancer on others range ban when
Dominic Campbell
they are literally all the same. just learn javascript
Nathan Green
you retards the trading fee on binance is .05% the fact you dont know the difference between 1% and .1% or .05% shows how retarded you are
Justin Williams
here you go, 0.05% fee.
but consider that you have to pay 0.05% fee when opening and 0.05% fee when closing, that makes 0.1% fee.