An Easy Way to Trade Bitcoin [Strategy Tested in 2020]

In this video, I am going to show you how you can trade bitcoin using a simple mechanical trading strategy. I use a price channel (Donchian) breakout system.

This strategy is easy to follow and test

I first recommended this strategy in early 2018 and in this video I track the performance of the strategy since then.

You will see me demonstrate

1. What price channel lengths I have tested
2. What stops and targets I have used
3. What other closing methods I have tested
4. My thoughts about the bitcoin market
5. How to add in trading costs to make your backtest more realistic

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#Bitcoin #Crytocurrencies

[MH-miui]

Great video, Mark. Thanks for sharing. Question: what is your exit? Let it ride until it hits the profit target or the stop loss limit?

[AdrielGab]

Interesting, my donchian channel doesn't work in my chart, the price never goes above or lower the bands. Great video tho.
:)