Bitcoin System Rules: Write Down The Rules and Follow Them
We shall use the previous steps to create a written bitcoin system that generates the trade signals displayed below using the 1 hour crypto chart. We shall use the 1H cryptocurrency chart to write the rules of this bitcoin strategy -bitcoin-currency tradingtrade system.
A bitcoin crypto currency strategy refers to set of written bitcoin crypto currency rules which you follow to manage your trade transactions. These rules must be written down so as to guideyou. Following learn bitcoin tutorial will show you how to writedown the rules of your system.
Keyword is a SET OF RULES that you must follow. If you do not follow the rules then you don't have a system. Trade systems must have guidelines that are written down within your btcusd crypto plan.
Example of Bitcoin System below:
Writing Rules of a Bitcoin System- 1 hour Bitcoin Chart Time frame Trading
You can come up with the above bitcoin system using the steps below:
Step 1:Step 2:Choose your Chart Timeframe - 1H bitcoin chart
Step 3:Choose Indicators which spot a new market trend - MA Crossover System.
Step 4:Choose Indicators which confirm the bitcoin trend - RSI, Stochastic
Step 5:Finding entry and exit points
Long Entry
- Both Moving Average pointing up
- RSI above 50
- Stochastic oscillator trading going up
Short Entry
- Both MA pointing down
- RSI below 50
- Stochastic oscillator going down
Exit
- Moving Average generates opposite signal
- RSI generates opposite signal
Step 6:Calculating risks in every trade - 20 pips
Step 7:
Test the system on a cryptocurrency Demo Practice Account trading account
After using these guide-lines we come up with written bitcoin system rules below.
Writing Bitcoin System Bitcoin Rules

Example of How to Write the Best Bitcoin System Rules
This system produces the signals as shown below. Using these rules traders can determine when to enter & exit trade transactions.
Generate Buy and Sell Crypto Signals using Written Crypto System Rules
We have finished writing the guidelines, if you're researching on how to create the best bitcoin system, this tutorial is a good begin to guide you on how to do just that. This is one part of a the btcusd plan. Now how do you as a trader create a complete bitcoin plan? To read about Bitcoin plan tutorial go to the right navigating menu of this website under key concepts where you can find a link for this Bitcoin trade plan topic.
Get More Courses & Lessons:
- Starting With Trading Brokers & Learning MetaTrader 5 iPhone Trade App
- Trend Trigger Factor Bitcoin Trend Trigger Factor BTCUSD Trading Indicator
- How Do I Set Trade Orders on Trade Software Platform?
- BTC USD Trade Real Account Open NDD
- How Do I Identify a Double Tops Pattern in BTC USD Trade?
- Trade BTC USD Buy & Sell Instrument in BTC USD Trade
- Stop Loss BTC USD Order vs Stop Limit BTC USD Order
- Free BTC USD Training Course for Beginners
- How Do I Add Buy Limit BTC USD Order in BTC USD Software Platform?
- How to Trade BTC USD Charts & How to Analyze BTC USD Charts