MACD: It stands for Moving Average Convergence/Divergence, it has been in existence since late 1970s.
It is best to gauge the strength, momentum, direction and duration of a trend in one picture
Strength-how strong is the commodity (the volume of BTC or USDT traded in the coin).
Momentum- how fast it is (how volatile is the commodity).
Direction - if it is going up, down or if it is ranging, this will let you know which direction will make you money.


MACD consisting of histogram and two moving lines, fast EMA (short term) and slow EMA (long term) which are combined into one line (I will be calling them the MACD line) and the signal line.
The histogram measures the momentum in the market. When the space between the MACD line and the Signal line move apart, the histogram slopes up.
Convergence means when price and momentum start moving in the same direction. (price= candle sticks, momentum= histogram) that is, if momentum is going higher and the price is also going higher and vice versa.
Divergence means when price and momentum start moving apart. (price= candle sticks, momentum= histogram) that is, if momentum is going higher and the price is going lower, it's a sign of a turn around.
Most commonly used values of MACD are 12,26 & 9 days and it’s the default settings in most charting platforms.
When the histograms grow tall, the lines move apart, and when the histogram grows lower, they contract.
Pay attention to the histogram, and avoid trading flat histogram. Whenever the histograms are at the top, we start to get ready to go long, and when the histograms are at the bottom, we start to get ready to go short.

How To Trade with MACD
Indicator Settings
MACD line line : (8days EMA - 16days EMA) Blue
Signal line: 11days EMA of MACD line Red

Long Strategy
• Pick a time frame you want to trade.
• For your main timeframe you get a corresponding higher time frame.
• (daily - weekly) (4hrs - Dialy) (1hr - 4 hrs) (min - 4x)
• If at the higher timeframe, MACD line crosses above signal line, you get ready to go long.
• If the top scenario happens above zero and the histogram and the price converge, then you go long.
• If the top scenario happens below zero, the bull run is not as strong as above zero, most of the time.
• And don’t forget to set your stop loss.

Short Strategy
• Pick a time frame you want to trade.
• For your main timeframe you get a corresponding higher time frame.
• (daily - weekly) (4hrs - Dialy) (1hr - 4 hrs) (min - 4x)
• If at the higher timeframe, MACD line crosses below signal line, you get ready to go short.
• If the top scenario happens below zero and the histogram and the price converge, then you go short.
• If the top scenario happens above zero, the bear run is not as strong as below zero, most of the time.
• And don’t forget to set your stop loss.

Watch before to learn more



https://www.youtube.com/watch?v=DT3Mk2TNEBk

MACD: It stands for Moving Average Convergence/Divergence, it has been in existence since late 1970s.
It is best to gauge the strength, momentum, direction and duration of a trend in one picture
Strength-how strong is the commodity (the volume of BTC or USDT traded in the coin).
Momentum- how fast it is (how volatile is the commodity).
Direction - if it is going up, down or if it is ranging, this will let you know which direction will make you money.
MACD consisting of histogram and two moving lines, fast EMA (short term) and slow EMA (long term) which are combined into one line (I will be calling them the MACD line) and the signal line.
The histogram measures the momentum in the market. When the space between the MACD line and the Signal line move apart, the histogram slopes up.
Convergence means when price and momentum start moving in the same direction. (price= candle sticks, momentum= histogram) that is, if momentum is going higher and the price is also going higher and vice versa.
Divergence means when price and momentum start moving apart. (price= candle sticks, momentum= histogram) that is, if momentum is going higher and the price is going lower, it's a sign of a turn around.
Most commonly used values of MACD are 12,26 & 9 days and it’s the default settings in most charting platforms.
When the histograms grow tall, the lines move apart, and when the histogram grows lower, they contract.
Pay attention to the histogram, and avoid trading flat histogram. Whenever the histograms are at the top, we start to get ready to go long, and when the histograms are at the bottom, we start to get ready to go short.

How To Trade with MACD
Indicator Settings
MACD line line : (8days EMA - 16days EMA) Blue
Signal line: 11days EMA of MACD line Red

Long Strategy
• Pick a time frame you want to trade.
• For your main timeframe you get a corresponding higher time frame.
• (daily - weekly) (4hrs - Dialy) (1hr - 4 hrs) (min - 4x)
• If at the higher timeframe, MACD line crosses above signal line, you get ready to go long.
• If the top scenario happens above zero and the histogram and the price converge, then you go long.
• If the top scenario happens below zero, the bull run is not as strong as above zero, most of the time.
• And don’t forget to set your stop loss.

Short Strategy
• Pick a time frame you want to trade.
• For your main timeframe you get a corresponding higher time frame.
• (daily - weekly) (4hrs - Dialy) (1hr - 4 hrs) (min - 4x)
• If at the higher timeframe, MACD line crosses below signal line, you get ready to go short.
• If the top scenario happens below zero and the histogram and the price converge, then you go short.
• If the top scenario happens above zero, the bear run is not as strong as below zero, most of the time.
• And don’t forget to set your stop loss.

Watch before to learn more


https://www.youtube.com/watch?v=DT3Mk2TNEBk

Nice one

BOLLINGER BANDS

It's developed by John Bollinger in the 80's
Bolinger band is popular because it's used by most professionals across the world
It consists of 3 bands, upper bands, middle band which is 20 period sma and lower bands
This is an example of how bolinger band looks like. Don't worry I will explain how we can incorporate it into our trading soon .
The price keeps fluctuating between the upper band, middle band and the lower bands.
90% of the time, the price is always within the band, so the band is like a channel
When the price first start from the lower band, it will try to touch the middle band, once it touches it and cross it, it moves to touch the upper band, most of the times, in case the price reverses before or immediately it touches the middle band, it most of the time returns to the lower band again.
Another important thing to understand is that, the size of the bolingerband keeps changing. So if BB is very wide, that is, there's a lot of distance between the upper band and the lower band, it indicates volatility, if the distance is narrow, the volatility is low.
Bollinger bands helps identify which trend the market is following.
There are 3 types of market trends
Up, down or sideways .
In an uptrend the price remains within the middle band and upper band.
In a flat market the price fluctuates with the band.
In a downtrend, the price remains within the middle band and the lower band

When the price nears the upper band, you prepare to go short, and when the price is at the lower band you prepare to go short long .
Please note that bolingerband works better when you combine it with candle stick signals, just make sure if we should actually take the trade or not.
Another thing to pay attention to, if the price crosses above the upper band, it means the price are relatively high.


Long Strategy
• When the price is at the lower band it is consider to be over sold, get ready to go long.
• Look if the price has gotten to a major or minor support level.
• Look out for candle stick pattern to confirm your entry point.
• Don’t forget to set stop loss.
Long Strategy
• When the price is at the lower band it is consider to be over sold, get ready to go long.
• Look if the price has gotten to a major or minor support level.
• Look out for candle stick pattern to confirm your entry point.
• Don’t forget to set stop loss.

Let’s take a look at some examples and understands how the strategy works.

WATCH MORE HERE

https://www.youtube.com/watch?v=borfsHO-HcQ

In the Video you will learn about hammer candlestick and shooting star candlestick, and win your trades effortlessly.
you will learn the psychology behind the formation of the hammer candlestick and the shooting star candlestick, you will also learn how to open a trade with the hammer and shooting star candlesticks.

There is a giveaway in this video, you don't want to miss it, take action and you could be our lucky winner.



Follow us on Telegram @x3mcrypto to get free trading signal

#tradingview #binance #Cryptocurrency #bollingerbands


https://www.youtube.com/watch?v=EbU884HaPhA