Getting Zilly with ZILBTC: 20% Gain over 7 Days (9 Win, 2 Loss)
BINANCE:ZILBTC is one of the more 'stable' altcoins, if there is such a thing. In my experience, it doesn't tend to swing as hard as some of the lower-volume coins that pump groups seem to favor. As such, there is less "peak" volatility on most days, but with decent volume on Binance there's money to be made.
Let's explore the above chart over the past 7 days. My indicator signaled 9 profitable trades, and 2 which ended up being stopped out for a loss.
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List of Entry Signals + Trades Captured with the AllCryptoSignals Volume Pressure Gauge
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Here's a quick list of ZILBTC trades over the past seven days. These exact trades can be made with the following two tools:
1) My AllCryptoSignals Volume Pressure Gauge Indicator - https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/
Chart period: 15 minute, VP Gauge setting: 8, Alert Crossing Up over -5 (or Exiting Channel -15 to -5)
2) An automated trading bot that buys on my signal and sells using a trailing stop once hitting a specific price gain (Gunbot + Trailing Stop - Stop Limit or any other bot that supports a trailing stop is perfect!)
Quite a bit of luck in a few of these trades and ate some losses, but so be it. Remember, an indicator is just that: it indicates potential entry or exit points. But you have to make the actual trading decisions!
What are your thoughts? Did you get in on ZILBTC trading over the past couple of weeks? Or is it too much of a "staircase" coin for your liking?
AllCryptoSignals
(Learn more about the AllCryptoSignals Volume Pressure Gauge indicator here: https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/)
Let's explore the above chart over the past 7 days. My indicator signaled 9 profitable trades, and 2 which ended up being stopped out for a loss.
============================================================================
List of Entry Signals + Trades Captured with the AllCryptoSignals Volume Pressure Gauge
===========================================================================
Here's a quick list of ZILBTC trades over the past seven days. These exact trades can be made with the following two tools:
1) My AllCryptoSignals Volume Pressure Gauge Indicator - https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/
Chart period: 15 minute, VP Gauge setting: 8, Alert Crossing Up over -5 (or Exiting Channel -15 to -5)
2) An automated trading bot that buys on my signal and sells using a trailing stop once hitting a specific price gain (Gunbot + Trailing Stop - Stop Limit or any other bot that supports a trailing stop is perfect!)
- Trade #1 - 4.5% (About 5 hours. Great start!)
- Trade #2 - 3% (3 hours, 15 minutes)
- Trade #3 - -2.5% (Stopped out here in about 5 hours)
- Trade #4 - 1% (About 1 hour. Exited as this was clearly going nowhere)
- Trade #5 - 2% (10 hours. Was almost stopped out.)
- Trade #6 - 2.2% (21 hours or so. Went sideways for a bit)
- Trade #7 - 1% (2 hours. Wishing I didn't exit the last trade as this wastes fees)
- Trade #8 - -2.2% (Stopped out in 6 hours)
- Trade #9 - 2.3% (Made it back 10 hours later)
- Trade #10 - 7.2% (There's a pump! Finally. 2.5 hours)
- Trade #11 - 1% (Post-pump trading is stupid. Don't do it!)
Quite a bit of luck in a few of these trades and ate some losses, but so be it. Remember, an indicator is just that: it indicates potential entry or exit points. But you have to make the actual trading decisions!
What are your thoughts? Did you get in on ZILBTC trading over the past couple of weeks? Or is it too much of a "staircase" coin for your liking?
AllCryptoSignals
(Learn more about the AllCryptoSignals Volume Pressure Gauge indicator here: https://www.tradingview.com/script/pFkddHTm-AllCryptoSignals-Volume-Pressure-Gauge-v1-0/)
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