Dash Crypto Trading System

Cryptocurrency traders can adopt the Dash Trading System as an active means of maximizing their crypto gains over a short-term period.

This trading strategy can be utilized on any cryptocurrency and regardless of the fundamental news release during active market sessions, the efficacy of this strategy doesn’t get dampened.

The Dash system combines a trend following R Gator indicator together with two oscillators to pinpoint both entry and exit signals.

Use it for day trading, scalping and swing trading the cryptocurrency market on Bitcoin, Ethereum, Litecoin and so on.

Trade Setup 

MT4 Indicators: r-gator-indicator.ex4 (Inputs Variable Modified; period=8, period_1=11, period_2=16, bars=30000, Colors Width Modified; #0=2, #1=2, #2=2), qqe.ex4 (Default Setting), Relative Vigor Index.ex4 (Parameters Modified; Period=28)

Suitable for: Scalping, day trading, swing trading, investing

Trading Time: 24/7, Around the Clock

Cryptocurrency: Any (Bitcoin and Altcoins)

Timeframes: Any

Download

Download The Dash Trading System

Buy Trade Example: DASH/USD (DASH / US Dollar), H1 Chart

Fig. 1.0

Strategy Rules

Buy Signal

Open a buy trade if the following trading conditions appear on the crypto chart:

  • If the blue line of the r-gator-indicator crosses below the red and green lines as depicted on Fig. 1.0, Dash price is said to be driven to the upside i.e. a trigger to go bullish on the stipulated digital currency.
  • If the dodger blue line of the qqe custom indicator breaks above the 50.00 horizontal level as shown on Fig. 1.0, the general Dash market sentiment is said to be bullish, as such a signal to buy the cryptocurrency of interest.
  • If the green and red lines of the Relative Vigor Index Metatrader 4 indicator break and stay above the zero signal level as seen on Fig. 1.0, it is a pointing to an increasing bullish momentum, therefore a buy alert will suffice.

Suggested Stop Loss for Buy Trade: Place stop loss below the most recent swing low price.

Suggested Exit Strategy/Take Profit for Buy Trade

Exit the buy trade if the following trading conditions appear on the chart:

  • If while a bullish trend is ongoing, the blue line of the r-gator-indicator intersects the red and green lines, it is a signal to exit or take profit at once.
  • If the dodger blue line of the qqe custom indicator dips below the 50.00 level (see Fig. 1.0), bulls power is said to be weaning, thus an exit or take profit stance will do.
  • If the green line of the Relative Vigor Index indicator falls below the zero horizontal reference level during the course of a bullish trend, an exit or take profit stance is advised.

Sell Signal

Open a sell trade if the following trading conditions appear on the crypto chart:

  • If the blue line of the r-gator-indicator crosses above the red and green lines as illustrated on Fig. 1.1, Dash price is said to be pushed lower i.e. a trigger to go bearish on the selected digital currency.
  • If the dodger blue line of the qqe indicator dips below the 50.00 horizontal level as exemplified on Fig. 1.1, the overall Dash market sentiment is said to be bearish, thus a trigger to sell the cryptocurrency of focus.
  • If the green and red lines of the Relative Vigor Index indicator break and stay below the zero reference level (refer to Fig. 1.1), it is signaling an increasing bearish momentum, therefore a sell alert is apt.

Suggested Stop Loss for Sell Trade: Place stop loss above the most recent swing high price.

Suggested Exit Strategy/Take Profit for Sell Trade

Exit the sell trade if the following trading conditions appear on the chart:

  • If while a bearish trend is running, the blue line of the r-gator-indicator intersects the red and green lines, it is a trigger to exit or take profit forthwith.
  • If the dodger blue line of the qqe indicator rises above the 50.00 level, bears power is said to be halting, thus an exit or take profit stance is apt.
  • If the green line of the Relative Vigor Index indicator spikes above the zero horizontal reference level during the course of a bearish trend, an exit or take profit stance is thus recommended.

Sell Trade Example: DASH/USD (DASH / US Dollar), H1 Chart

Fig. 1.1

Free Download

Download the Dash Trading System

About The Cryptocurrency Technical Indicators Used

The r-gator-indicator is an enhanced traditional Alligator indicator that generates early signals.

The qqe indicator is a Qualitative Quantitative Estimation indicator that tries to find discrepancies in which price forms a new maximum, while overcoming the level of its previous maximum.

The Relative Vigor Index is a default Metatrader 4 digital currency indicator that is deployed in gauging the conviction of a recent price action and the probability that it will carry on.

Easy Installation

Start using this cryptocurrency system in just 5 minutes. Click here to get started now.

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