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How to create the cryptocurrency trading strategy

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A working strategy is an important factor in beneficial trading. When your actions are thought-out and logical it is much easier to achieve a visible result. Cryptocurrency trading strategy is the range of actions that leads to profit during trading with digital money. However, there is no ideal cryptocurrency trading strategy. If there were any, all investors could utilize it. But you can create your strategy if you continually learn and have an expert trading program.

If you want to obtain such software, try vfxAlert. The vfxAlert is an advanced software program intended for working with different broker’s platforms and trading with various assets. This software supplies the trader with analytical instruments that allowing to evaluate the current state of the market and to track the signals. Online charts display the movement of the market at runtime. Trend indicators allow choosing the right moment to open the options. Heatmaps show the percentage of profitable signals on different timeframes. The economic calendar includes essential financial news. All instruments are arranged in one working window. Trader sees the broker’s platform and signals. You can choose any broker that is available in your country. Watch the video to see how vfxAlert works



The trader needs to comprehend what is a trading signal. The signal is the recommendation for further activity in the form of an alert. These alerts submit to certain algorithms. The signal includes the main information about the trading assets. It is necessary to understand that the signal it’s only a suggestion. If you want to save your funds, you should act as indicated by the approved methodology (cryptocurrency trading strategy). Also, you need to know the structure of the signal. 


                                            Structure of signal

1. Asset — currency pair.

2. Price — price when a signal emerges.

3. Time — a time when a signal emerges.

4. Expiration — the time of the signal’s expiration.

5. Power — number of profitable options in the past with the current combination of indicators.

6. Signal — CALL or PUT options.

7. Algorithm — algorithm of signal generation.

8. Heatmap — Statistical winning percentage calculated for the values of the technical indicator on different timeframes.


How to develop the cryptocurrency trading strategy

Open the Free account on vfxAlert online and start safely. Try various techniques and, then open the Pro account. On the Pro account, you will receive all additional analytical instruments and the possibility to trade with cryptocurrency.    

It is important to build up a trading strategy. The most effective strategies for day trading are the short-term and scalping ones. If you want to know more about strategies and technical indicators, read our educational materials.

Connect vfxAlert with telegram messenger and receive the signals on your smartphone.

Practice continually and try different techniques. It is necessary to practice for two hours a day. If you want to know how to utilize the vfxAlert equipment on the cryptocurrency trading strategy, watch the video. 

                                             DOWNLOAD VFXALERT



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How to create the cryptocurrency trading strategy

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Updated on January 19, 2021

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