Long Bitcoin Study #1
1. Buy 1 Bitcoin January 2, 2013.
2. Hold the position until (Sell Signal) 2 bars close with 2 lower closing prices than the 20 day Simple Moving Average. The second close below the SMA has to be lower than the first close that was below the SMA. When this happens sell the position at the open of the next bar.
3. Stay in cash until a buy signal is received. Buy Signal =2 higher closes above the 20 day SMA. The second close above the 20 day SMA has to be higher than the first close that closed above the 20 day SMA.
1. Buy 1 Bitcoin January 2, 2013.
2. Hold the position until (Sell Signal) 2 bars close with 2 lower closing prices than the 20 day Simple Moving Average. The second close below the SMA has to be lower than the first close that was below the SMA. When this happens sell the position at the open of the next bar.
3. Stay in cash until a buy signal is received. Buy Signal =2 higher closes above the 20 day SMA. The second close above the 20 day SMA has to be higher than the first close that closed above the 20 day SMA.