This Swing Trading Strategy Let Me Quit My Job (Step-by-Step for Beginners)

Strategy framework (step-by-step)

Indicator 1: MACD (use Daily + Weekly confirmation)

• Add MACD.
• Settings (tuned):
  • Fast length: 12 → 7
  • Slow length: 26 → 17
  • Signal smoothing: 9 → 7
  • Source: keep oscillator = EMA
  • Signal line: keep EMA
• Timeframe:
  • Set MACD to weekly (even though the strategy also references daily chart entry signals).
• Chart styling for usability:
  • Make MACD line and signal line thick for better visibility when zoomed out.

Indicator 2: Supertrend (filter / add-on)

• Add Supertrend.
• Use the community version by “keyon” (not the technical version).
• Risk/volatility tuning (tuned):
  • ATR period: 10 → 22
  • ATR multiplier: 3 → 4.6
• Styling adjustment:
  • Turn off downtrend / downtrend highlighter (as referenced in the subtitles).

Trade rules (explicit entry/exit logic)

• Long entry (swing trade buy):
  • When MACD turns green, and then after it turns green you get a buy signal on the daily chart → buy.
• Stop-loss placement:
  • Stop loss at the last trough / last drop point (“last trough of a chart”).
• Take-profit / selling:
  • Aim for at least a “two ratio” (implying approximately 2:1 reward:risk).
  • Alternative sell logic mentioned as optional (e.g., resistance, order blocks, volume profile).
• Trade filtering / caution:
  • If weekly MACD is bearish, avoid taking certain daily buy signals (example given: price rose briefly but wasn’t worth it because the weekly bearish bias blocked the trade).

Key markets / instruments mentioned

• Bitcoin (BTC) — primary example and the main claim that the strategy works “amazingly.”
• Ethereum (ETH) — used as an altcoin example.
• Solana (SOL / “Salana”) — mentioned as part of loading up on altcoins.
• Dogecoin (DOGE) — used as an example of volatility and stop-loss risk.
• Broad alt categories mentioned:
  • Altcoins
  • Meme coins
  • Metaverse tokens
  • AI tokens
• Cryptocurrency exchanges:
  • Referenced as an “exchange crisis” in 2022, when 3–5 exchanges failed.

Key numbers / dates / performance cues (from examples)

Bitcoin example (approximate levels given)

• Oct 2023: green MACD + buy signal
  • Move from about $28,500 → $35,000 within a few days.

Bitcoin caution periods

• 2022 exchange crisis: described as the only time the method “did not work,” with momentum disrupted due to exchange failures.

Ethereum timing example

• May 1st: Ethereum buy opportunity occurred before the later indicator setup signal.
  • Subtitles suggest altcoins can lag BTC, and earlier timing helped get in sooner.

Risk note on altcoins

• Dogecoin in May: rose, then fell and might have hit stop loss if stops were too tight due to volatility.

Explicit recommendations / cautions

• Emphasis on being “making money 90% of the time” (speaker claim).
• Weekly MACD bearish filter:
  • Avoid trades when the weekly bias is bearish, even if daily shows a buy.
• Stop-loss discipline:
  • Place at the last trough.
  • Altcoins may require wider/navigated stops because whipsaws are common.
• Mentions leverage and potentially copying trades, but also states you don’t have to use leverage trading.

Disclosures / sponsorships

• Not financial advice disclaimer: none explicitly stated in the provided subtitles.
• Sponsorship:
  • Video sponsored by FEMX (crypto trading platform), offering spot trading, futures, and copy trading.

Presenters / sources mentioned

• Michael (speaker).
• keyon (creator of the referenced community Supertrend indicator).