Trend + vfxAlert: profit on cryptocurrencies.
- VFX Blog
- Strategies
Trading on trend indicators remains one of the most profitable strategies on any financial asset. Let's see how trading cryptocurrencies works with vfxAlert tools.
Add broker to vfxAlert
We will work on the cryptocurrency trading platforms Olymp Trade. Add a broker in the settings:
Creating trading preset
The second step to create a preset for filtering crypto trade signals. Choose Bitcoin, Ethereum and Litecoin. vfxAlert signals will confirm trend indicators.
Only strong signals and all calculation algorithms. We will look at the signals for all expiration periods, but remember the high risk of minute options. Expiration should start from 5 minutes.
Indicators and examples signals
All trend indicators work on Moving Averages which are always late. Trend crypto trading signals always need to be confirmed with overbought or oversold oscillators. You also need the speed of the trend and the balance of power of buyers / sellers.