Hi, Joel Thanks for your efforts. I have been using this strategy but my win rate is below 50% and I have been losing money consistently with this strategy. It's just that the capital that I use is minimal. Kindly advise what and how I should approach these trades. Regards Maninder
Hi, Joel! Thanks for content and experience you are sharing! I coded your strategy to make it automatic, but backtesting is not so good, it is not your fault, that just shows you need more understanding when to get in trade, as you saying also in this video, you can't go blindly just by indicators. Coded strategy is still profitable, that not so bad, but not so profitable as you live trading. First two months in this year was not profitable at all, but rest till now was profitable, there is chance to make settings for this strategy profitable to 70% and bit more with less trades, but that will not be all time, market changes all time and next moth that can be 48%.
Hi, Joel Thanks for your efforts. I have been using this strategy but my win rate is below 50% and I have been losing money consistently with this strategy. It's just that the capital that I use is minimal. Kindly advise what and how I should approach these trades. Regards Maninder
Lately i've been having an issue getting stopped-out. I've noticed that even when the MACD gives me an entry signal, if the RSI is pegged above 70 or below 30 then the trade will go in the other direction on me. I don't know of any way around this because the indicators give me the proper entry signals. Can you maybe explain the relationship to the RSI a bit more in this strategy?
I think you are the only legitimate scalping youtuber but looking at the charts I see macd ticking at 20 only 2 times a day which seems really low. Trying hard to copy you with your strategy and losing most of the trades. (With very less money just to be safe at my learning process)
Don't know how this works for you, but in a tight range as of late, this strategy with the 50 and 200 ema crossover, doesn't seem to work. I've taken shorts right at the death cross and PA did the exact opposite and pumped up to the swing highs. The RSI was overbought on the 5min and there was hidden bearish divergence. Perfect short opportunity, yet it still went against ALL those indicators.
Your strategy has only worked for me in a clear trend.
Hey Joel I’d love to know what level of trading view you have in terms of package.
And would you ever do a video on how crypto gains with tax when you make profits what’s deductible. Have you made it a business, do you pay yourself a wage what’s your opinions.
Thanks for the videos. You take trades but you don't have a "clear" strategy. I watched many of your challenge videos also and sometimes you use fibonacci, others EMA , others support/resistance etc. I am a little confused by all these combinations. Can you make a video with a simple strategy base on some indicators ? Thanks.
Your analysis is so far on point mate..Looking at the price action bitcoin had been moving marginally from highs and lows, this recent pressure in the market has made a lot of traders lose their money. It's really a good time to trade than to hodl.
One other thing I am trying at the moment actually is, backtesting, BTC, 5 min but literally just going off a decent signal (not slight) crossover on the MACD signal line (5min timeframe), results so far are actually really good! Only longs above 200 EMA and shorts below, but with 1-2 risk could be worth reviewing too as then allows for more potential profit per trade on the runners (?), or re-reviewing as i'm sure you've already looked at it.
That said, your current strategy seems great anyway so also may just crush it with that! 🙂
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Hi, Joel Thanks for your efforts. I have been using this strategy but my win rate is below 50% and I have been losing money consistently with this strategy. It's just that the capital that I use is minimal. Kindly advise what and how I should approach these trades. Regards Maninder
Hi, Joel! Thanks for content and experience you are sharing! I coded your strategy to make it automatic, but backtesting is not so good, it is not your fault, that just shows you need more understanding when to get in trade, as you saying also in this video, you can't go blindly just by indicators. Coded strategy is still profitable, that not so bad, but not so profitable as you live trading. First two months in this year was not profitable at all, but rest till now was profitable, there is chance to make settings for this strategy profitable to 70% and bit more with less trades, but that will not be all time, market changes all time and next moth that can be 48%.
Hi, Joel Thanks for your efforts. I have been using this strategy but my win rate is below 50% and I have been losing money consistently with this strategy. It's just that the capital that I use is minimal. Kindly advise what and how I should approach these trades. Regards Maninder
Lately i've been having an issue getting stopped-out. I've noticed that even when the MACD gives me an entry signal, if the RSI is pegged above 70 or below 30 then the trade will go in the other direction on me. I don't know of any way around this because the indicators give me the proper entry signals. Can you maybe explain the relationship to the RSI a bit more in this strategy?
scapling only on ISo?
Hey there can you please explain how you do that stop loss calculation
Kindly give some other examples (0.1234) also…….. "_"
thx
Looking forward to the release of your new feature. Thanks for sharing your ideas with us.
Hey, Joel can you reach me! I really need your help man!!! I'm desperated.
Why are you trading for $10 profits?
Can we have your indicator for free?
why is your indicator on 44 procent win rate ?
Hey Joel, I saw the new feature from Bybit to set TP/SL in percentage but I can´t see it in my bybit platform, do I have to activate something? thanks
I think you are the only legitimate scalping youtuber but looking at the charts I see macd ticking at 20 only 2 times a day which seems really low. Trying hard to copy you with your strategy and losing most of the trades. (With very less money just to be safe at my learning process)
Joel bro when your long candle signal indicator is coming? Can't wait for that.. eagerly waiting ❤️❤️❤️
Don't know how this works for you, but in a tight range as of late, this strategy with the 50 and 200 ema crossover, doesn't seem to work. I've taken shorts right at the death cross and PA did the exact opposite and pumped up to the swing highs. The RSI was overbought on the 5min and there was hidden bearish divergence. Perfect short opportunity, yet it still went against ALL those indicators.
Your strategy has only worked for me in a clear trend.
Hi. I just want to know what timezone are you using or if you think varying timezone will matter on scalping at 5-min?
Joel can you please share with us your MACD? Thanks a lot for your videos
Hey Joel I’d love to know what level of trading view you have in terms of package.
And would you ever do a video on how crypto gains with tax when you make profits what’s deductible. Have you made it a business, do you pay yourself a wage what’s your opinions.
Don't use MACD for that. Use RSI Divergence. Divergence can be used to successfully scalp
Thanks for the videos.
You take trades but you don't have a "clear" strategy.
I watched many of your challenge videos also and sometimes you use fibonacci, others EMA , others support/resistance etc.
I am a little confused by all these combinations.
Can you make a video with a simple strategy base on some indicators ?
Thanks.
Your analysis is so far on point mate..Looking at the price action bitcoin had been moving marginally from highs and lows, this recent pressure in the
market has made a lot of traders lose their money. It's really a good time to trade than to hodl.
One other thing I am trying at the moment actually is, backtesting, BTC, 5 min but literally just going off a decent signal (not slight) crossover on the MACD signal line (5min timeframe), results so far are actually really good! Only longs above 200 EMA and shorts below, but with 1-2 risk could be worth reviewing too as then allows for more potential profit per trade on the runners (?), or re-reviewing as i'm sure you've already looked at it.
That said, your current strategy seems great anyway so also may just crush it with that! 🙂
nice strategy but ut R:R ratio and Money management needs some work. a single loss wiped 2 of ur profits and I dont think that's consistent
Is there a way to 20x leverage on bybit app for Android phone ?
Why stop loss is greater than target profit
You can use 3commas, you can arrange trailing TP and trailing SL there. It makes it less tiring. And you can choose market or limit order.
Noob
Hey Joel do you know what’s the best exchange to use in America
bro now no lying this really helped me out