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This is a simple and easy scalping strategy for new crypto traders
Global speed
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6 months ago
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🛠️
Lifestyle
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00:00
This is an easy strategy to scalp in the crypto markets.
00:04
We are going to need two exponential moving averages and the RSI.
00:09
Change one of the EMAs to 50 and the other to 200.
00:18
Change the RSI length to 7 and remove everything except the RSI and middle band.
00:25
When a candle crosses over the EMA 50 and the RSI is above 50, we buy.
00:33
For the stop loss we are targeting the most recent low.
00:37
Take profit should be at least 1.5 times higher than the stop loss.
00:46
When a candle crosses under the EMA 50 and the RSI is below 50, we sell.
00:53
Same stop loss and take profit rules apply.
00:57
Happy scalping!
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