4 H Chart Trading Strategies
4 Hour Indicators
An example of 4 Hour Bitcoin Simple System - that is a combination of:
- Moving Average Cross-over Bitcoin Crypto Currency Strategy
- RSI Trading Indicator
- MACD Indicator
4 H Examples Bitcoin Strategy Method Rules are:
4 H Chart Strategies - 4H Example Bitcoin Strategy - 4 Hour Timeframe Bitcoin Strategy Method
Bitcoin Rules: 4 Hour Timeframe Strategy - 4H Indicators
Buy Bitcoin Signal is Generated when: - 4 Hour Indicators
- Both moving averages heading up
- RSI is above 50
- MACD above center line
Sell Bitcoin Signal is Generated when: - 4 Hour Indicators
- Both moving averages heading down
- RSI is below 50
- MACD below centerline
4 H Indicators
Exit Bitcoin Signal - 4 H chart Strategy Method
Exit bitcoin crypto currency signal is generated when MAs, RSI & MACD indicators give a bitcoin signal in the opposite market trend direction.
The chart time frame to use is 4 Hour bitcoin chart timeframe.
For a beginner bitcoin trader wanting to come up with a 4 H chart Bitcoin Strategy Method the above written rules will give a good example template of a 4 H chart Bitcoin Strategy that can be used to generate buy & sell bitcoin signals - 4 H Chart Strategies - 4H Example Bitcoin Strategy - H4 Timeframe Strategy - 4 H Bitcoin Simple System.
4 H chart Bitcoin Strategy - 4H Chart Strategies - 4H Example Strategy
Generating Signals with this 4 Hour cryptocurrency system is the best technique that a beginner trader can attempt to determine the bitcoin market trend & with a little backtesting on practice bitcoin crypto currency account so as to test this 4 Hour Bitcoin System
The best way to back-test a bitcoin crypto currency strategy is by following these two steps:
- Bitcoin Paper Trade your 4 H Bitcoin Simple System
- Cryptocurrency Demo Trade your 4 H Bitcoin Simple System
A good bitcoin tool to use to backtest your 4 Hour Bitcoin Simple System is referred to as the MetaTrader 4 BTCUSD Crypto Trade Step-by-Step Tool. Found on the MetaTrader 4 charts tool-bar of MetaTrader 4 platform, If you want to find the chart toolbar in the MetaTrader 4 software it is at the top of MT4 software. If it's not: Click View (next to file, left top corner of MetaTrader 4)>>> ToolBar >>> Charts. Then click Customize button >>> Select Bitcoin Crypto Currency Trade Step by Step >>> Click on Insert >>> Close.
MetaTrader 4 H Chart Tool Bars - How to Trade 4 H Chart for Beginners
MetaTrader 4 Bitcoin Step by Step Button for 4 H chart Bitcoin Strategy - 4 H chart Bitcoin Strategy - 4 H Chart Methods
Once you get this MetaTrader 4 tool you can move your 4 Hour bitcoin chart backwards, & use this MT4 bitcoin trading step by step button to move the 4 Hour cryptocurrency chart step by step while at the same time testing when your 4 Hour bitcoin simple system would have generated either a buy or sell cryptocurrency signals, & where you'd have exited the btcusd crypto trades, then write the amount of profit or loss per bitcoin trades made using the 4 H Chart Strategies & out of a sample number of bitcoin trade transactions you would then calculate the overall profits and losses generated by the 4 H chart bitcoin strategy - 4 H chart Bitcoin Strategy - 4H Chart Strategies - 4H Example Strategy Method.
If your 4 H bitcoin strategy is profitable on paper trading then, it is time to demo btcusd crypto trade and test if the 4 H chart Bitcoin Strategy Method is profitable on the real bitcoin market as it is on paper method. This is the process of back testing the 4 H chart Bitcoin Strategy.
Writing a BTCUSD Crypto Trade Journal
Maintain a BTCUSD Crypto Journal to keep track of profitable bitcoin trades, and determine why these cryptocurrency trades were profitable. And also maintain a record of all losing trade transactions, determine why these cryptocurrency trades made a loss and then avoid making these same mistakes the next time that you trade using your 4 H Chart Strategies.
Tweak your btcusd system until you get a good risk to reward ratio, with bitcoin crypto currency signals which you generate. Aim for a good risk: reward of 3:1 & use btcusd money management rules & read the lesson about: Risk to Reward Ratio - 4 H chart Bitcoin Strategy - 4H Chart Strategies - 4H Example Bitcoin Strategy.
4 H Chart Strategies - 4H Example Strategy Method
Crypto Equity Management Methods Guide
Study More Tutorials and Lessons:
- BTC USD Trend Line Trade Described
- How to Trade BTC USD Support & Resistance Levels
- How Do I Load a Bitcoin Trade Template in MetaTrader 4 Platform?
- How Do I Draw Fibo Extension Levels in Downwards Bitcoin Trend?
- How to Add Bitcoin Chart in MetaTrader 4 Trading Platform
- How to Identify Bitcoin Breakout Patterns in BTC USD Chart
- How to Improve Your BTCUSD Success Using Successful BTC/USD Strategy Tutorial Guide
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