Quote from: ErebusBat on July 10, 2013, 11:57:11 AM

Quote from: Pompobit on July 10, 2013, 10:55:55 AM

first, thank you goomboo for this thread, I learned a lot from your suggestions.

I am in doubt about how to know in good time when the EMAs cross. You said you use the hourly or daily bitcoinchart, but his update is not high enough to let you to profit from small oscillations. I mean, suppose the fast EMA cross above the slow EMA when price is 74, and comes below the fast EMA when the price is 76: we can get profit only buying before 76 is reached, and this often happens too quickly when there is a bounce.
So how to get this info quickly? Using the market API? Automatic trading softwares?

I think that Goomboo mentioned that he only trades daily; however there are a couple of bots that you can use and just up the frequency, the Chrome Browser bot being the main one that comes to mind for this.

Keep in mind that with higher frequency you also get more noise and thus the potentional for more losses (possibly profits too). Also it every strategy is meant to make money in all possible ways. The purpose of this strategy is to provide a logic fact based way on when to be long or short.

Great answer, exactly.