Ripple Cryptocurrency Trading System

The Ripple cryptocurrency trading system is a simple and easy trading system, designed to follow Ripple cryptocurrency market trends with great accuracy.

Not minding if the market trend is short, medium or long term, this system will always follow the most profitable trend.

The system can be applied to any other cryptocurrency of your choice, including Bitcoin and Ethereum.

Trade Setup 

MT4 Indicators: Alligator.ex4 (Colors Width Modified; #0=2), phase-accumulation-macd.ex4 (Inputs Variable Modified; MinMaxPeriod=60)

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 Ripple Trading System

Buy Trade Example: XRP/USD (Ripple / 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 Alligator Metatrader 4 cryptocurrency indicator crosses below the indicator’s lime and red lines, while price is seen to trade slightly above (see Fig. 1.0), price is said to be driven to the upside i.e. a trigger to go long on Ripple.
  • If the dim gray line plus deep sky blue histograms of the phase-accumulation-macd custom indicator break above the 0.00 horizontal level as illustrated on Fig. 1.0, the overall market sentiment is said to be bullish, thus a trigger to go long on the designated cryptocurrency.

Suggested Stop Loss for Buy Trade: Place stop loss below the previous 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 the red line of the Alligator indicator crosses above the lime line while a bullish trend is running, bulls power is said to be weaning, as such an exit or take profit stance is recommended.
  • If the dim gray line of the phase-accumulation-macd custom indicator dips below the 0.00 signal level during a bullish trend (refer to Fig. 1.0), more and more bulls are said to be leaving the market, as such an exit or take profit is advised.

Sell Signal

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

  • If the blue line of the Alligator currency indicator crosses above the indicator’s lime and red lines, while price is seen to trade somewhat below (refer to Fig. 1.1), price is said to be dragged lower i.e. a trigger to go short on Ripple.
  • If the dim gray line plus sandy brown histograms of the phase-accumulation-macd custom indicator dip below the 0.00 horizontal level as exemplified on Fig. 1.1, the general market sentiment is said to be bearish, thereby signaling a likely sell trigger.

Suggested Stop Loss for Sell Trade: Place stop loss above the previous 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 the red line of the Alligator indicator crosses below the lime line while a bearish trend is ongoing (checkout Fig. 1.1), bears power is said to be halting, as such an exit or take profit stance is advised.
  • If the dim gray line of the phase-accumulation-macd indicator surges above the 0.00 signal level while a bearish trend is ongoing, bears are said to be leaving the market in their droves, as such an exit or take profit stance is recommended.

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

Fig. 1.1

Free Download

Download the Ripple Trading System

About The Cryptocurrency Technical Indicators Used

The Alligator is a technical indicator by Bill Williams, introduced in 1995.

The indicator is comprised of three lines that are overlaid on the activity chart.

The lines represent the jaw, the teeth and the lips of the Alligator.

Crypto traders tend to use this indicator to gauge trend and its possible direction.

The phase-accumulation-macd indicator is a momentum oscillator indicator with floating levels and is known to scan the crypto market for profitable trends

Easy Installation

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

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