Crypto 5 minute change

How to Set up a Crypto Scalping Trading Strategy?

Place a 5-8-13 simple moving average (SMA) combination on the two-minute chart to identify strong trends that can be bought or sold short on counter swings, as well as to get a warning of impending trend changes that are inevitable in a typical market day. This scalp trading strategy is easy to master.

Scalping attracts traders because it exposes them to less risk and offers greater number of trading opportunities . In addition, traders are able to fight greed since they target very small returns.

Scalping can be very profitable for traders who decide to use it as a primary strategy, or even those who use it to supplement other types of trading . Adhering to the strict exit strategy is the key to making small profits compound into large gains.

Key Takeaways. The 5-Minute Momo strategy is designed to help forex traders play reversals and stay in the position as prices trend in a new direction. The strategy relies on exponential moving averages and the MACD indicator .

Range Trading The more frequently the price touches either level, the more likely the level will break. This scalping crypto strategy can therefore work well for traders using a 5-minute timeframe, though a stop-loss will be essential for when a breakout occurs.