A theorem: the trend in the hourly must be several continuous bullish candles in the daily! There will be no exceptions!
So the question arises: will this hourly trend continue?
If it continues, then you break the previous high to go long; this aligns with the daily direction, which is following the trend, in the direction of the larger timeframe! If there is no breakthrough of the previous high, then consider the criteria of this trend. First, it is determined by the hourly pullback and rise, and then by the stage and position of the daily upward movement. The hourly accounts for 20%, while the daily environment accounts for 80%. Taking a bullish example, if I see the daily rise, then I should also see a trend in the hourly. Whether this trend continues, I need to consider the relationships between the rises and pullbacks in the hourly level and then check where the daily market operation level is to pre-determine if the trend is still normal. If it is normal, then the trend is still there, and I should enter the market to go long. If the trend is not normal, then I should not enter the market for trading. Also, after you enter the market, you need to keep judging throughout the process of managing your positions!
The above requires continuous switching of levels, so I entered a 10-period moving average to simulate cycles. Using the 10-period moving average to simulate cycles, when the hourly 10-period moving average is approximately equal to the daily rise, I only need to observe the state of the 10-period moving average and the performance of the smaller 15-minute interval to enter the market, thus obtaining a rough trend trading model!
The intermediate level is the operational level, the small level is the entry level, and the large level is the direction; this is the simplest trend-following model. According to this model, it concludes that markets develop from small cycle levels to large cycle levels, while large cycle levels constrain small cycle levels. The interaction between these two cycle levels has the greatest impact! I use this principle to judge whether the trend will continue and whether the trend is normal!
The above implementation on the chart is a mature strategy: after frost, above the 10-period moving average, a pullback not exceeding 3k, going long after a bearish candle followed by a bullish one, with a stop loss below the previous low and a take profit at the market dynamics position of the previous level!
Always only trade markets above the 10-period moving average, but here the 10-period moving average can be on the hourly, weekly, or even quarterly or yearly; this is the question of following the trend and whether the trend continues!
Never be greedy; take the profits safely.#稳定币淘金热 #币安优化上币机制 #加密市场回调
$ENA $DOGE $AUDIO
