Trading Strategy Guides releases new Bitcoin Trading Indicator system for day traders. This new Technical Indicator System is designed for “Meta Trade 4, Meta Trader 5, and Tradingview Platform."
— Trading Strategy Guides (TSG) has continued their efforts to help traders around the world by developing a modern Bitcoin Signal Indicator System. The system uses multiple different technical indicators in order to detect and project changes in Bitcoin prices.
Trading Strategy Guides developed the system in response to Bitcoin’s high level of volatility (which largely occurred throughout 2018). With a volatile market, bitcoin day traders will have opportunities to open and close positions hedged in both directions.
The purpose of this system is to increase returns on investment while simultaneously removing the “guessing” component that is frequently found in the crypto trading industry. TSG identifies sporadic returns over time, consistently negative results, and general lack of knowledge as three of the common difficulties traders experience early in their career. Combining education with an innovative analysis system can help traders overcome these obstacles.
TSG’s analysis system was largely designed for Bitcoin, but—because the principles of crypto-trading are universal—it can also be applied to Ethereum, Ripple, and other major cryptocurrencies. The company’s charts seek to include buy signals and sell signals in order to help their audience make expedient decisions in multiple markets.
The Bitcoin Signal Indicator System is designed for “Meta Trade 4, Meta Trader 5, and Tradingview Platform.” Once implemented, the system will help identify “claw patterns” and other trends common in volatile markets that will make it much easier to know when an increase in Bitcoin’s price is most likely to occur.
Trading Strategy Guides has already developed more than 50 unique trading systems, so the company’s expansion into the world of Bitcoin is far from surprising. However, due to the new system’s attention detail and ability to test the strength of price trends, many short-term traders have already found it to be quite useful.
Release ID: 480549