Searching for setups with crypto screener
In this video i share how do i search for setups for the breakout strategy on 1h TF with the help of crypto screener.
Enjoy!:)
Enjoy!:)
Comment:
Just for the record. TOMO did breakout on the 1h TF.
TP1 is hit,4.74%.
TP2 = 5324
TP1 is hit,4.74%.
TP2 = 5324
Trade closed: stop reached:
TP2 is hit 12.82%
...and later TOMO exploded to +130%
SL hit when on the 1h TF price went back it the cloud,sell the rest at 6381,thats +35.20%
...and later TOMO exploded to +130%
SL hit when on the 1h TF price went back it the cloud,sell the rest at 6381,thats +35.20%
1) Search for coins which are above the cloud on 4h TF and mark them green
2)In the filter add EMA20 below or equal last price and check those which are marked with green.If those are also above EMA20 on 4h TF than mark them with blue
3)Instead of ema20,in the filter add MACD LEVES CROSS MACD SIGNAL.Which are marked with blue and are in the cloud on 1h TF has a potential setup for the breakout.
After thah if on 1h TF MACD is green and Squeeze momentum indicator(lazy bear) is dark red or light green with black cross than it has a setup.
Switch to the 5min TF,set alarm when price goes above the cloud and enter.