EFFICIENT BURN MECHANISM FOR LUNC LUNA CLASSIC USING MOVING AVERAGES

THE SUPERBURN ALGORITHM

EFFICIENT BURN MECHANISM FOR LUNC LUNA CLASSIC USING MOVING AVERAGES

HOW TO INCREASE THE LUNC BURN RATE BY UP TO 60% WITHOUT INCREASING THE BURN TAX ABOVE 0.5%. Stop arguing about raising the burn tax and make the most out of the available burn dollars you have now.

BASIC BURN MODEL

FIRST EXAMPLE NOVEMBER 22 - DECEMBER 21 D1 TIME FRAME TRADINGVIEW.COM

MOVING AVERAGE IS HIGHLIGHTED

PRICE MOVES ABOVE MOVING AVERAGE (CLOSING PRICE) STOP OR REDUCE BURN

CLOSING PRICE DROPS BELOW EMA ON D1 CANDLE START BURNING AGAIN

BURN 4 MILLION LUNC AT 0.00025 --- COST $1000

BURN 6.7 MILLION LUNC AT 0.00015 --- COST $1000

BURN 65% MORE LUNC FOR SAME DOLLARS

DUPLICATE THIS CHART ON TRADINGVIEW CHART SYSTEM VERY EASILY

EVEN MORE EFFICIENT SUPERBURN ?

USING THE D1 TIME FRAME AGAIN, REDUCE BURN RATE TO 0.4% WHEN PRICE IS ABOVE EMA INCREASE TO 0.6% WHEN PRICE IS BELOW THE EMA

 

DO THE MATH

EMAS USED IN ALL EXAMPLE CHARTS CAN BE EASILY MODIFIED OR OPTIMIZED BUT STICK WITH THE HIGHER TIME FRAMES LIKE D1

BACKGROUND:

ORIGINAL IDEA WAS PRESENTED A LONG TIME AGO TO  MY FRIEND DUNCAN DAY WHEN THE BURN TAX WAS 0.2%

https://twitter.com/wrapped_dday/status/1611458372913762305

OVER 75 QUESTIONS WERE RESPONDED TO AT THAT TIME ON TWITTER SEE ABOVE LINK

ONE OF THE RESPONDERS POINTED OUT THAT THIS TYPE OF BURN MECHANISM WAS IN USE ON ANOTHER CHAIN CALLED MOBOX:

https://twitter.com/MOBOX_Official

EFFICIENT BURN MECHANISM SHOULD ALSO WORK IN A RANGING MARKET USING H4 TIME, OR JUST USE H4 TIME FRAME IN ABOVE EXAMPLES

BURNING STOPS OR IS REDUCED ON PRICE BREAKOUTS ABOVE EMA - H4 TIME FRAME EXAMPLE

EXAMPLE USING BINANCE CHARTS AND H4 TIME FRAME, WHEN PRICE CLOSES ABOVE GREEN MOVMING AVERAGE STOP OR GREATLY REDUCE BURNS, WHEN IT DROPS BELOW GREEN LINE RESUME BURNS AT LOWER PRICE PLUS DO "CATCH UP BURN" AT LOWER PRICES, BLOODY SIMPLE !

ALGORITHM IS SIMPLE CURRENT PRICE ABOVE EMA STOP OR REDUCE BURN RATE BELOW EMA BURN AWAY!

WE MIGHT BE WASTING ALOT OF BURN $$$ WITH A LINEAR 0.5% BURN RATE, LUNC MUST BE EFFICIENT WITH BURN $$$

AUTHOR IS MARK M WITH FOREXEARLYWARNING.COM @FOREXEARLY ON TWITTER. REFERENCES FOR MY EXPERTISE

https://www.forexearlywarning.com/forex-lessons/multiple-time-frame-analysis

https://www.forexearlywarning.com/forex-trend-indicators