Bolinger Band Strategy
For the technical analysis, I use the trading view website, but
this is also the same as Binance. So to add coins click the top left corner and
choose the coin pair. To select future coins, Type the coin and type PERP after
the coin name.
To join trading view – click here
Name - Bolinger Band Strategy
Indicators-
Bolinger Bands
EMA
Stochastic RSI
Settings-
Go to indicators > Add Bolinger Bands > Make all 3 bands into blue color > Go to indicators > Add Moving Average Exponential > In input tab change length into 9 and change color into yellow > Go to indicators > Add stochastic RSI > Change the settings as picture given below
Strategy
Buy Signal - If a red candle closes below the lower bolinger band and the next candle (green) closes above the lower bolinger band then the price line will touch 9-EMA then will touch the middle bolinger band then will touch the upper bolinger band.
At the same time, blue line should cross the red line and should go up
Sell Signal - If a green candle closes above the upper bolinger band and the next candle (red) closes below the upper bolinger band then the price line will touch 9-EMA then will touch the middle bolinger band then will touch the lower bolinger band.
At the same time, blue line should cross the red line and should go down.
I have to say every strategy has only a 60% success rate. So every trade will not succeed but these strategies will help you to increase your win rate. If you have a doubt you can back-test and check whether it works or not. Also, you can back-test those strategies and find the best combination which suitable for you.
For the technical analysis, I use the trading view website, but
this is also the same as Binance. So to add coins click the top left corner and
choose the coin pair. To select future coins, Type the coin and type PERP after
the coin name.
To join trading view – click here
Name - Bolinger Band Strategy
Indicators-
Bolinger Bands
EMA
Stochastic RSI
Settings-
Go to indicators > Add Bolinger Bands > Make all 3 bands into blue color > Go to indicators > Add Moving Average Exponential > In input tab change length into 9 and change color into yellow > Go to indicators > Add stochastic RSI > Change the settings as picture given below
Buy Signal - If a red candle closes below the lower bolinger band and the next candle (green) closes above the lower bolinger band then the price line will touch 9-EMA then will touch the middle bolinger band then will touch the upper bolinger band.
At the same time, blue line should cross the red line and should go up
Sell Signal - If a green candle closes above the upper bolinger band and the next candle (red) closes below the upper bolinger band then the price line will touch 9-EMA then will touch the middle bolinger band then will touch the lower bolinger band.
At the same time, blue line should cross the red line and should go down.
I have to say every strategy has only a 60% success rate. So every trade will not succeed but these strategies will help you to increase your win rate. If you have a doubt you can back-test and check whether it works or not. Also, you can back-test those strategies and find the best combination which suitable for you.