I make $1,000 PER DAY With This Trading Strategy On BITFLEX

How to Make $1,000 Per Day with MACD Trading Indicator Strategy on Bitflix

Step 1: Sign Up and Create an Account on Bitflix

1. Go below the video and sign up for Bitflix to create an account.
2. Deposit at least $100 to receive a deposit bonus. For higher earnings, consider making a larger deposit to potentially receive up to a $50,000 bonus on Bitflix.

Step 2: Understand MACD Indicator Components

1. Add the MACD indicator to your trading chart by going to the indicators tab, typing "MACD," and selecting the MACD indicator.
2. The MACD indicator consists of four key components:
   • MACD line (blue line) calculated using a 12-day moving average
   • Signal line (orange line) calculated using a 26-day moving average
   • Histogram representing the difference between the two lines
   • Zero line representing the center of the MACD indicator

Step 3: Using MACD Indicator for Trading

1. To identify upward trends, look for a cross upwards between the MACD line and the signal line, indicating a bullish trend.
2. For downward trends, watch for the MACD line dipping below the signal line, signaling a bearish trend.
3. Use the histogram to gauge momentum changes – increasing histogram indicates decreasing momentum.

Step 4: Placing Trades on Bitflix

1. When the MACD lines cross upward below the zero level, consider entering a long position.
2. Avoid entering a trade if the lines cross above the zero level.
3. For short positions, enter when the lines cross downward and are above the zero line.

Step 5: Trading Strategies with EMA

1. Add a 200 Exponential Moving Average (EMA) to the chart to identify market trends.
2. When opening a long position, ensure the market is in an upward trend with the current price above the 200 EMA.
3. To open a short position, watch for the MACD lines crossing downward above the zero line.

Step 6: Combining MACD with Price Action and Support/Resistance

1. Identify support and resistance key levels where the price tends to bounce.
2. Trade during sideways price action by observing price bounces off key levels.
3. Combine MACD and moving averages with support and resistance levels for a higher success rate of up to 80%.

Step 7: Trade Responsibly and Choose a Reputable Exchange

1. Use the MACD and moving average strategies responsibly.
2. Choose a reputable exchange like Bitflix for trading.
3. Remember that nothing in the video is financial advice – trade at your own discretion.

By following these steps and strategies, you can potentially increase your earnings using the MACD trading indicator on Bitflix. Remember to trade responsibly and stay informed about market trends.