Welcome to 1-min crypto trading strategy by Ninja Crypto Trader.
Today we will be going through another bitcoin scalping strategy that you can use to increase your profitability in cryptocurrency trading.
We’ll be using the one minute time frame for this strategy but you can also use it on other time frames as it is a scalping strategy, like the five minute time frame.
This strategy is very simple and easy to follow but make sure you pay attention so that you will be able to grasp everything that i’m going to show you in order to use this strategy profitably.
So let’s get right into the strategy.
For this strategy we’ll be using four indicators, three exponential moving average indicators and a williams structural indicator. The three exponential moving average indicators will be using at the 20 period, 50 period and 100 period.
Let’s put those into the chart.
First we set our 20 period moving exponential moving average indicator which will be yellow change the length to 20.
Next we set our 50 period exponential moving average, we’ll make this blue in color and lastly we set up our 100 period exponential moving average and it will be white.
So you as you can see we have our three exponential moving averages these three will be used to confirm which trend we’re in.
Remember we always want to trade with the trend and not against it.
So when the 20 is above the 50 which is above the 100 we are in an uptrend and then the 100 is above the 50 which is above the 20 we are in a downtrend.
We’ll use this to confirm our trend then we’ll use the next indicator which is a williams fractal indicator which will give us our trading signal.
So to put in the williams fractal indicator search up william and there you have it so we want to make the downward fractals.
We’ll change them to green as these are our bullish signals and we’ll change the up fractals to red as is our bearish signals.
So as you can see we have our williams fractal below and above the candlesticks so the williams structural in short is used to show you an extreme point in a set of candles compared to the candles around it.
It gives you the most extreme point of those candles and you’ll show an arrow to show these extreme points.
These williams structurals are used for different things like determining stop loss level to support and resistance levels but for this strategy we’ll use them mainly as signal for potential entries.
One thing to note about the william fractal indicator is that these arrows only appear two bars later or two candles later.
So for example this fractal up here will only show up once this candle closes that is one thing that you have to take into account.
It does not show up immediately it instead shows up after two candlesticks.
Now we have all our indicators set for this strategy. So how do we combine all this in order to make profitable trades?
We’ll start with a long position.
So first for a long position we definitely want to confirm that we are in an uptrend.
So 20 period exponential moving average above the 50 and above the 100.
For example here.
As you can see we do have a williams fractal indicator signal here but before that we also need to confirm a pullback into this exponential moving average.
So we do check for pullback either onto the 20 period exponential moving average or the 50 period exponential moving average.
So for example this point we do have an uptrend as you can see price is moving up and it pulls back on to the 20 period exponential moving average.
Like I said, this signal will only appear when this bar has closed.
At that point we can put in our trade and we can target a 1.5 risk to reward ratio target 1.5 and for our stop loss we will have it at the 50 period moving average exponential moving average.
Risk road ratio 1.5 and as you can see when we get in at this point we do hit our target in about two minutes.
It’s a very quick strategy that requires you to constantly be on the lookout for this entry signal just using the one minute chart.
But on the five minute you will have more time.
Using the one minute, this is a very quick strategy, entry and exit is very quick.
Let’s take a look at an example where we pull back onto the 50 period moving average.
Here we do have a pullback onto the 50 period moving average as you can see price pulls back all the way to this blue line. From here we will get our signal of entry on this scandal.
Once again we are going to use for this 50 period exponential moving average trade, we are going to use the 100 period moving average as our stop-loss point.
So stop-loss will be at that level and once again we target a 1.5 risk to reward ratio.
As you can see we do hit our target after 15 minutes.
That is how the long entry signals are going to appear for this strategy.
Next we’ll take a look at the short entry signals.
For a short entry signal we confirm first a downtrend.
You can see here, we do. We are in a downtrend. Where the 100 period exponential moving average is above the 50 which is above the 20.
Next we look for a pullback either onto the 20 or the 50 exponential moving average.
And here we do have a pullback and you get a williams fractal signal here. S
So as this signal will only appear two bars later we will enter at this point.
We put in our short position at this point and we will use the 50 period exponential moving average as our stop loss and set our risk to reward ratio at 1.5.
And as you can see we do hit our take profit point in five minutes.
As you can see this is a very simple to use strategy which if followed properly and with discipline will be able to help you increase your profits and better your crypto trading.
That brings me to the end of the 1 min crypto trading strategy. If you like the platform that I’m using, it is known as ByBit and if you want to go ahead and trade cryptocurrency on ByBit. You can do so by clicking the link here. If you don’t have an account on ByBit yet, you will get a free bonus on your first deposit if you sign up with the link above.
If you enjoyed this video & post please hit that like button, share it with your friends and for those of you don’t forget to subscribe and hit that notification bell so you never miss out on more awesome crypto trading strategy videos! And by this I am signing out.
