Crypto Day Trading Made Simple: Ross Cameron’s “Micro Pullback” Strategy
1. Indicator Overload: When Too Much Data Hurts Performance
Staring at RSI, Bollinger Bands, Fib retracements, and Ichimoku clouds all at once forces you to weigh conflicting signals every second. Ross Cameron—founder of Warrior Trading—admits he blew up early accounts because he ran more than 20 indicators simultaneously. Once he stripped his chart to four simple tools, clarity (and consistency) followed.
2. The Four-Tool Toolkit
| Tool | What It Tells You | Practical Setup |
|---|---|---|
| EMA 9 / EMA 20 / EMA 200 | Short-, medium-, long-term trend lines | Overlay on 1- & 5-minute charts |
| V-Pressure (e.g., VWAP or OBV) | Where “smart money” is positioned | Keep as a single thin band |
| Raw Volume | Who’s in control—buyers or sellers | Color bars; highlight % change vs. yesterday |
| MACD | Momentum flips (green = bullish, red = stalling) | Set histogram color-change alerts |
Why just these four?
- EMAs respond faster than simple MAs—perfect for crypto’s rapid swings.
- V-Pressure (VWAP / OBV) shows if price sits above institutions’ average buy price.
- Relative Volume proves a move has genuine participation; target at least 5× the norm.
- MACD makes momentum shifts visually obvious.
3. Screening for Opportunity: “500 % RVOL & 5 – 10 % Price Pop”
Cameron trades only coins that are screaming for attention:
- Relative Volume ≥ 5× the 14-day average.
- Price up 5 – 10 % vs. the prior close.
Heavy RVOL signals fresh capital flooding in, while the price pop confirms bullish sentiment.
Quick tip: In TradingView’s screener, set
RVOL ≥ 5and%Change ≥ 5, then sort descending.
4. Executing the Micro Pullback
- Confirm the Trend
- Price > EMA 9 and EMA 20
- MACD histogram is green
- Spot the Pullback
- One or two candles dip 0.3 – 1 %
- Volume briefly contracts
- Entry Trigger
- Go long the instant price re-breaks the pullback’s high.
- Exit Signals
- MACD flips red or EMA 9 crosses below EMA 20 (mini “death cross”).
- Risk Management
- Hard stop 1.5 – 2 % below entry.
- Trail the stop under each higher low to lock in gains.
5. Walk-Through: Bitcoin 1-Minute Chart (Illustrative)
| Stage | Price (USDT) | RVOL | Action |
|---|---|---|---|
| Screener Hit | 66 000 → 69 630 (+5.5 %) | 6.2 × | Add to watch list |
| Micro Pullback | 69 630 → 69 150 (-0.7 %) | Vol -45 % | Mark dip high |
| Long Entry | Breaks 69 650 | RVOL ticking up | Market buy |
| Ride Wave | Peaks at 70 480 | — | Scale out, move stop |
| MACD Red | 70 300 | — | Exit remainder |
6. Quick-Start Checklist
- TradingView Alerts → EMA 9/20 bullish cross + RVOL ≥ 5 filter
- Paper-trade first → Log at least 30 sample trades before risking capital
- Screenshot & Journal → Record entry, exit, reasoning, emotions
- Daily Debrief → Track win-rate & average R-multiple; tweak one variable at a time
7. Ready to Give It a Go?
Strip your chart to these four tools, hunt for coins spiking on 5× relative volume, and practice buying those tiny breath-pauses. Master one pattern before chasing the next—momentum rewards focus.
