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BRC Cripto Strategy

BRC Cripto strategy is a Momentum price action strategy. Characteristics of the BRC strategy Type of strategy - cryptocurrency tradi...

BRC Cripto strategy is a Momentum price action strategy.

Characteristics of the BRC strategy

BRC Cripto Strategy
Type of strategy - cryptocurrency trading, Forex Major and Minor (very good on Ripple).
Trading time - 24 hours a day Time interval – Cryptocurrency H4. Forex 30 min or higher.
Swing Trading.
Platform Metatrader 4
Description of the BRC strategy
The BRC strategy is a combination of three indicators,
Bollinger Bands - Volatility Indicator Bollinger Bands;
Relative force index - relative strength index (momentum);
The composite index is an index of the composite moment designed to solve problems with RSI divergence errors, the programmer of this indicator for metatrader 4 is Mladen.
Trading rules for the BRC strategy
The price should be near support / resistance level;
The price should be exchanged at maximum Bollinger bands - in the upper or lower band;
The RSI and Composite Index indicators should have the same peaks or lows. A further sign to enter the transaction is the presence of divergences in these indicators.
A deal should be opened when the composite index crosses one of the moving averages (the red curve crosses the green or yellow curve).
Sell example
Example of a sales transaction within the BRC strategy
Consider an example of a 4-hour AUD / USD sales transaction:
Arrow 1 indicates a strong level of resistance from which the price has been reversed;
Arrow 2 shows that the price is moving along the upper Bollinger bands;
Arrows 3 show similar peaks of the RSI and the composite index;
The arrow 4 indicates the intersection of the curve of the composite index of the moving averages from top to bottom, which is a signal to open a sales order on the next candle.
BRC Cripto Strategy
Buy example
Consider an example of a purchase transaction of AUD / USD time frame 4H:
Arrow 1 indicates the level of support from which the price has bounced;
Arrow 2 indicates that the candles are exchanged on the lower Bollinger band. Note also that the candle pointed by the arrow is bounced from the lower band;
Arrows 3 show that the RSI and Composite Index indicators have the same structure, their troughs look very similar. Note also that the RSI troughs create a lower minimum, while the composite index troughs create a higher minimum - this is a bullish divergence;
The arrow 4 indicates the intersection of the curve of the composite indicator of the moving averages index from the bottom up, which gives us the right to open a purchase transaction at the opening of the next candle.
BRC Cripto  Strategy

BRC Cripto  Strategy

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