Hello traders!

This will be my first post on WhaleReports and I want to share with you guys my Moving Average Trading Strategy that can be used with 15min, 30min and 60min time frames.

This is my experience how do I trade and learning a strategy takes time and effort, also it is recommended to do your own research before investing or trading.

Before you can actually use this technique you must know what is a moving average.

Quoted from investopedia:

“A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. It is a trend-following, or lagging, indicator because it is based on past prices.

The two basic and commonly used moving averages are the simple moving average (SMA), which is the simple average of a security over a defined number of time periods, and the exponential moving average (EMA), which gives greater weight to more recent prices. The most common applications of moving averages are to identify the trend direction and to determine support and resistance levels. While moving averages are useful enough on their own, they also form the basis for other technical indicators such as the Moving Average Convergence Divergence (MACD).”

In simple words it is a trend-following and lagging indicator which is based in the past history.

INFORMATION

(You can skip this part if you know how to setup tradingview)

List of things that are required:

Trading View account (Tradingview)

Time to practice this strategy and basic knowledge of moving averages

An exchange account (Binance for example)

It is a necessity to do your own research before investing anything!

Steps to begin with:

Sign in to your tradingview account Click chart Pick a coin that you want to trade Make sure you use “Candles” Pick one of the timeframes 15m, 30m, 45m or 60m Go to “indicators” and search for “moving average exponential”.

After you have made sure you have clicked 4x times “moving average exponential”, then it’s time to add some values in to them.



Click “settings” icon and it opens a window which looks like this.



Change numbers until you have changed all 9’s to the following numbers 8, 13, 21, and 55.

TRADING

I use exponential moving averages of 8, 13, 21, and 55.

This is super simple trading strategy and it takes effort before you are able to use it properly.

The general strategy is that when all the moving averages cross each other, it is time to go LONG with the 55 moving average staying BELOW. Sell when moving averages cross again, leaving the 55 moving average ABOVE.

Let’s take a look on LTC/USD



Another example on NEO/USD



Keep in mind that there is a chance that a price will touch the 55 moving average couple of times without BREAKING it. That’s why it is important to be alerted when to sell.

How do you know when a price reached it’s top? To be honest with you that nobody really knows where the actual top is going to be. These tools are helping us to find the closest point but not the actual one.