TechDev Newsletter - Live Swing Trade Signals Launched
Hello all,
I am publicly announcing the launch of the new live swing trade signal service.
I have invested considerable time into developing and backtesting a system which offers strong-performing signals to enter positions near low risk market conditions and exit positions during high risk, all on a mid-term timeframe.
It is not intended to time pico tops and bottoms perfectly as I believe that is a fool's errand. Its purpose is to allow you to take a portion of your portfolio, and using rigid emotionless rules, compound it over multiple trades and multiple months, while managing your risk.
It is based on the 2-day timeframe and uses RSI and MACD together. Its rules must be followed regardless of what emotions tell you. Trades will be executed upon 2D closes which satisfy certain conditions. It is designed to minimize risk. To keeps wins moderate and losses small.
I have examined every signal triggered on TOTAL3 (total market cap excluding Bitcoin and Ethereum) over the last 3.5 years. The largest gain over any trend period was 5.53x, and the largest loss for any single trade was 11%.
Stacking these together, over both downtrends and uptrends, led to an 85x return over 3.5 years, across both major uptrends and downtrends. The return performance of any portfolio will depend on its particular makeup, as these figures are based on the TOTAL3 index.
On average, 1 trade was triggered every 3 weeks, though some periods are busier than others and this frequency can vary for specific assets.
A full introduction to the system is available in Issue #29 of my weekly newsletter. The newsletter will continue to offer weekly updates on both macro market conditions/forecasts as well as triggered swing trade signals for BTC, ETH, and TOTAL3 only during the past week.
It will continue to provide weekly updates on the Bitcoin Top Gauge as an indicator to help gauge the tops and bottoms of macro impulses and corrections.
The last impulse top in April 2021 hit 101 on the gauge, and the correction low of 20 printed a few weeks back during the 17.5K capitulation.
You may register to receive the newsletter here.
While the newsletter will provide weekly updates of the buy/sell signals printed since last issue, many have asked for live signal updates on these and other assets as they can often trigger mid-week, distant from the next newsletter issue.
So, this live signal service, will offer the following:
Live updates the moment any trade signals fire
Active engagement with community comments and direct messages
Covered assets will start as: BTC, ETH, TOTAL3, MATIC, ADA, BNB, LINK, XRP, TEL, VRA
Based on community interest, this list will grow
One of the first trades on MATIC closed in 60% profit for those that elected to exit based on MATIC's specific signal. Those that did not exit are still riding the trade as the TOTAL3 index has yet to print the next sell.
Learn more about the live signals here if interested.
Thank you for your support.
-TechDev