Bitcoin Charts Optimized For Maximal Historic Profitability On The Daily
If you’re looking to either optimize your Bitcoin profits or reduce your drawdowns, you might want to consider trying our optimized charts. This system used advanced artificial intelligence techniques to optimize indicators for daily charts of Bitcoin based on maximal historic performance on the Bitstamp charts. Click Here To Start Using Our Optimized Charts
But why should you use a backtested strategy instead of the default setting? The answer is simple: every market moves differently. By using a backtested strategy, you can be confident that the indicators you’re relying on have been tested and proven to be effective in similar market conditions. This can help you make more informed, profitable decisions when it comes to your Bitcoin investments.
Some benefits of using backtested strategies with LearnTradingCrypto.com include:
- Increased accuracy: By using a strategy that has been tested and proven to be effective, you can be more confident in the accuracy of your predictions.
- Reduced risk: By relying on a strategy that has a track record of success, you can potentially reduce your overall risk and increase your chances of making a profit.
- Increased efficiency: Using a backtested strategy can help you make faster, more informed decisions, allowing you to take advantage of market opportunities as they arise.
A List Of Indicators We Have Optimized
Aroon: This trend-following indicator helps identify the start and end of a trend by measuring the strength and direction of the trend. It does this by comparing the current closing price to the highest and lowest prices over a specific period of time.
Bollinger Bands: This volatility indicator uses statistical analysis to show the range in which a security’s price is likely to fluctuate. It does this by plotting two standard deviations above and below a simple moving average of the security’s price.
Directional Movement: This trend-following indicator helps identify the direction of the trend by comparing the current high and low prices to the previous high and low prices. It does this using a system of plus and minus values, with a positive value indicating an uptrend and a negative value indicating a downtrend.
Donchian Channels: This trend-following indicator helps identify the start and end of a trend by plotting the highest and lowest prices over a specific period of time. It does this by creating bands around the price of the security, with the upper band representing the highest price and the lower band representing the lowest price.
Fisher Transform: This oscillator helps identify turning points in the market by converting prices into a Gaussian normal distribution. It does this by calculating the difference between the security’s price and its moving average, and then dividing that difference by the standard deviation of the security’s price.
Keltner Channels: This volatility indicator helps show the range in which a security’s price is likely to fluctuate by plotting a moving average of the security’s price and two standard deviations above and below that average.
MACD: This trend-following indicator helps identify the direction of the trend by comparing the difference between a short-term moving average and a long-term moving average. It does this by plotting the difference between the two averages as a line on a chart, with a positive value indicating an uptrend and a negative value indicating a downtrend.
Rate of Change: This momentum indicator helps identify the speed at which the price of a security is changing by comparing the current price to the price over a specific period of time. It does this by calculating the percentage change in the security’s price over time.
Relative Strength Index: This oscillator helps identify overbought and oversold conditions in the market by comparing the magnitude of recent gains to recent losses. It does this by calculating a value between 0 and 100, with a value above 70 indicating an overbought condition and a value below 30 indicating an oversold condition.”
There Will Be More Charts Soon!
We’re excited to announce that we will soon be publishing charts that have been optimized for the weekly charts on Bitstamp as well!
Stay tuned for the release of our optimized weekly charts – we can’t wait to see how BeEO can help you maximize your Bitcoin profits even further.
After we have published our optimized weekly Bitcoin indicator settings on our charts, we will also release the same for ETH charts, starting with the daily and then the weekly.