After this video you will finally understand how to make consistent profits it doesn't matter if you're trading stocks crypto or Forex this strategy works on them all this strategy is one of the best kept secrets in the world of investing and today I'm breaking it down for you so make sure toStick around to the end of the video and hit that subscribe button now let's set everything up first go to indicators metrics and strategies and I want you guys to type in smart money Concepts you guys are going to be looking for the Lux algo version because it's 100 free nextYou guys are going to be going over here to the settings and I want you guys to click on the color candles and I want you guys from the Confluence filter and go from Tiny to normal for the label size on both of them next I want youGuys to turn off show week strong highs and they want you guys to turn on both the order blocks after that turn off everything else and I want you guys to hit OK from here you guys are going to add the next indicator which is going to be called the super Trend indicatorRight here all I want you guys just to make sure it's all one word and you guys are going to be looking for key Von that's the person that made it afterwards you guys are going to go to the settings now I'm want you guys toType in 50 and 5.1 and just like that you guys can choose hlc3 or hlc2 make sure you do a little bit of back testing on this one just to make sure it works with your individual thing it's because sometimes cryptocurrencies and Forex and stocks are all a little bit differentFrom themselves next I want you guys to go over here to macd moving average convergence Divergence it's going to be very very important for this one first we're just going to do a little bit of aesthetic work I want you guys to go over here to style make the orange lineAs thick as possible and I want you guys to make the blue line as thick as possible as well next we're going to be going over here to inputs and I want you guys to make the fast lane 20 slow length 40 and the signal smoothing isGoing to be 12. afterwards I hit OK and then from here we're going to be adding on the next indicator which is going to be the stochastic you guys can just add Stoke and it'll show it to you right there add a star to it if you guysHaven't already and this from here just like what we did with the macd we're going to be fine tuning this to make a little bit easier to see we're going to make everything thicker and from here go to input and I want you guys to turn theK length to 60 leave the k-link that one and make the d-length 16 then hit OK after that we're going to be adding one final indicator and that's going to be the squeeze momentum indicator from lazy bear has about 85 000 likes right now for good reason after that as alwaysGoing back over to the settings we're not going to change any of the inputs but we're just going to go over here to the style and we're going to make everything a little bit thicker as far as the crosses are concerned okay black thicker gray thicker but what we'reGoing to do is actually turn the gray to green and we're going to turn the black to Red Green is good black is not good okay red is bad green is good that should help you guys out a lot here now before we go over this strategy it's extremely important that you guysUnderstand how to read these indicators now this is one of my personal favorite indicators and it's called smart money concepts by Lux algo for this strategy there are three main parts you must understand first is the breakup structure this occurs when the price breaks a prior higher high in an uptrendOr a lower low and a downtrend this is the indicate cater showing you that the trend is continuing to go on and you can continue to hold on to your position next up is the change of character this occurs when the price breaks at priorHigh or low or the price breaks at a lower high when you see these signals it's the indicator highlighting a potential reversal the third part is order blocks this is a very simple way of showing important levels of support and resistance on a chart sometimes we overthink while trading and forget thatSupport and resistance matters do not forget after the smart money Concepts indicated we have the super Trend indicator it's used to identify market trends and potential entry and exit points this is a very strong indicator in volatile markets but should be ignored in sideways markets the thirdIndicator you must know how to use is the macd to use this indicator you must be able to read Crossovers and Divergence sounds simple but it can get complicated crossovers are very easy to spot on your charts when the Blue Line crosses below the orange line that is aBearish signal and when the Blue Line crosses above the orange line that is a bullish signal I prefer only using the signals when the macd is at an oversold or overbought level if the crossover happens in the middle of the macd I tend to ignore it now the most powerful partOf the macd is going to be the Divergence this is a cheat sheet I made for you guys but there's tons of them online so make sure to go get one for yourself and print it out and put it right next to your computer now what you're looking for are specificScenarios that will tell you hey this is very bullish or hey this is very bearish for example if you guys have a lower low for the price but you also have the macd making a higher low that's going to be a very strong bullish signal which isGoing to signal that you should buy on the other hand here if you see the prices making a higher high but the macd is making an equal high that means you guys are looking at a weak bearish Divergence which is actually a sell signal here so you guys you can use aLot of these combinations to determine hey is there something I should know is there a reason for me to be buying or is there a reason for me to be shorting right now now what is the macd showing us on this Bank of America weekly chart we see aFew Crossovers and we see one gigantic Divergence that ended up making somebody a lot of money now let's check out these signals in 2020 we had a bearish cross with a blue line crossed down below the Orange Line what happened after that occurred we continued to fall so if youGuys were to open up a short or some puts you guys are making a good amount of money if we move over a little bit further to the middle of 2020 in the middle of 2021 you guys are going to see that boom we had a crossover with a blueLine went above the orange line and guess what if you guys bought right there and just held you guys were in a very good spot what you guys made some money after that you see something very special you guys see a Divergence pop-up right after that and this is very veryImportant you guys will see that the macd had lower Highs but the price at Bank of America was having higher highs and what does that mean that means it is a strong bearish Divergence and it is very very important for you guys to understand because what happened nextThe price of Bank of America finally came down it's not going to tell you exactly when but you know it's coming so you guys are not going to be holding as many long-term positions in this scenario this is something very important that you guys have to understand if you guys look within thatDivergence you're going to see a couple crossovers but guess what neither of them worked macd's are not 100 accurate when it comes to giving you guys buy and sell signals which is why we're putting this together with all these other indicators to give you guys the best strategy possible now we're moving overTo the stochastic indicator this indicator works best in consistent training ranges so it's making up for the weakness we saw from the super Trend indicator that we covered earlier you are looking for two main important things that will make this strategy so much easier for you guys to comprehendJust like the macd you want the blue line to cross the orange line but for the stochastic indicator you have to be even more precise you want to make sure the bullish crossover occurs and the oversold level and the bearish crossover occurs in the overbought level theReason I had you change up the numbers in the equation at the beginning of this video was to make sure you could profit from this next part after you see the crossover you want to make sure that you wait for the orange line to cross backInto the neutral zone Which is less than 80 or above 20. now as you're looking at this Tesla chart you're going to notice a few different things looking at the stochastic indicator back in may we had a bullish Crossover with a blue line crossed above the orange line and itHappened in the oversold territory and what happened if you bought thin wow wow wow you guys made a lot of profit but what happened in between June and July well we had a few crossovers going in both directions but we did have some bearish crossovers but what happened ifYou guys would have waited for the orange line to get back into that neutral zone you guys wouldn't have gotten trapped and had a false signal that's the main goal and even if you go back in the may look at this when the orange line got back into that neutralZone that's when we started to move up a little bit faster so that way your money is not just sitting and going sideways you're actually going up and you're catching all the momentum and if you guys are looking to see what's happening right now we're about to have a bullishCrossover happen again in the oversold territory meaning that Tesla has a good opportunity here as long as all the other indicators match up to go higher and bounce off of this level of support the last indicator before I show you guys the strategy is going to be theSqueeze momentum indicator and I promise you guys this explanation will be quick you're going to be looking for divergences just like the macd and looking to buy when the cross has turned great or on our charts green when the crosses are black or again red in ourCharts you will most likely be holding off so your money isn't just sitting around until the next big move remember expect more volatility when you see the green crosses that's why you guys want to start buying there two big things I want you guys to focus on on this TeslaTruck first things first you guys see from June to the midpoint of July you guys are looking at a massive bearish Divergence where the oscillator is having lower Highs but the price of Tesla is having higher highs and guess what the bearish Divergence won again now when you guys are looking for theGreen crosses and the red crosses if you guys are buying or opening positions in the red crosses not much is actually happening at that point in time when you have the green crosses that usually means you're looking at a little bit more volatility and a little bit faster money coming your wayNow here's how you guys can Master this strategy nice and easy all you guys are looking for is five bullish signals or five bearish signals before you guys make your trade and then you guys are going to be holding into your next big level of support or resistance forExample here let's take a look at this last drop that Tesla had on the four hour chart what did we have we had the sell signal we had a change of character right here you can see that from the point that all of these candles are redThat's why when we came over here we actually made this color candles okay now that's one that's two what else do we have a bearish Divergence plus the crossover that's gonna be three maybe even four if you want to count it that way what happened we also had right hereThe stochastic having the bearish crossover now what's interesting is we didn't have the Orange Line crossover until here but what happened if you guys bought over here you guys had to wait less time before you guys are making money so your money just wasn't waiting and going sideways and afterwards youGuys can see the squeeze happening right here now let's go back in time a little bit more hey guess what we had to buy change a character that's two three right here with a crossover four right here with a crossover and the Orange Line being in and five right there weHave the crossover right there from the green that's all saying go go go now this is why I love to use it so much you guys can see even when things don't work out your way look at this we had a big old drop we had to buy a change ofCharacter right here crossover crossover and boy oh boy we're squeezing boom it works like a charm you guys can always try this in different time frames or different stocks I love trading this with Tesla but maybe let's say I want to go over here to Nvidia and I move overRight here and a video has been crazy over the past few weeks as you guys know we have a sell signal if I go over here we also have a change of character in the red direction we have the macd over here plus a huge Divergence on top ofThat guess what we have the stochastic same cell and we have just started to squeeze here over the past few days and what's happened it came down from about 12 24 hours and it's bounced back up right here to an order block the order block will help you make sure that ifYou guys want to hop on here and do a short you guys are going to be waiting for this short to break down or the price to break down before the actual order block that is going to be crucial it stops you guys from buying before the supportLevel is broken and the last thing about this strategy that's going to make it very easy for you guys is don't forget how to do your simple technical analysis like a trend line hey guess what we were in a trend line oh my gosh we broke downWe broke down after having all these bearish signals and now you can make a little bit money trading this instead of just waiting for the sell signal there but the sell signal is if you guys are looking for some of those larger moves look at this Buy Signal down here buyChange of character crossover crossover and the squeeze all pointing you to massive returns massive gains now if you guys enjoyed this video make sure to subscribe for my next strategy and give this video a like so the YouTube algorithm will promote the video thanks for watching everybody and thank you soMuch for taking the time out of your day to learn how to trade today's video is sponsored by fairdesk a premier crypto exchange specializing in future spot and copy Trading use my link to join today and enjoy special perks including extremely low fees dive into the futureOf trading with Fair disk where you can copy the best Traders around