Unlocking High WIN RATE and Effortless Trading Strategy – Maximizing Profitability and Precision in Crypto, Stocks, and Forex
Introduction
Trading in the financial markets can be a lucrative endeavor if you have the right strategy in place. In this article, we will explore a trading strategy that has the potential to make thousands of dollars in less than a month of trading. This strategy utilizes two indicators, namely the Trend Magic and the Water Alter Explosion volume indicator. By customizing these indicators and following a simple set of rules, traders can increase their chances of success and maximize their profits.
Customizing the Indicators
To begin implementing this trading strategy, you will need to open your trading view platform and navigate to the indicators tab. Type “Trend Magic” in the search bar and select the indicator. Next, locate the CCI period and change it to 35. Additionally, modify the ATR period to 8. These customizations will optimize the indicator for this particular strategy.
Now, open the volume indicator called “Water Alter Explosion.” Follow the same process of customizing the numbers to suit this strategy. These adjustments will ensure that the indicators provide accurate signals for potential trades.
Understanding the Strategy
The usage of this strategy is straightforward. The following steps outline the criteria for executing trades:
1. Price above the blue line: Before considering a trade, ensure that the price is above the blue line on the chart. This indicates an upward trend and increases the likelihood of a profitable trade.
2. Green volume indicator: Check that the volume indicator is green. This signifies increased buying pressure and confirms the strength of the upward trend.
3. Screen bar above the orange line: Finally, make sure that the screen bar is above the orange line. This indicates a bullish market sentiment and further supports the decision to enter a trade.
Executing a Buy Trade
Once the above criteria are met, it is time to execute a buy trade. Set the stop loss at a price below the current market price to limit potential losses. Then, set the take profit level above the stop loss to secure profits. This combination of stop loss and take profit orders ensures a controlled risk-reward ratio and increases the chances of a profitable trade.
Advanced Crypto Trading Strategies
This trading strategy is particularly useful for cryptocurrency trading. The volatile nature of cryptocurrencies presents both opportunities and risks. By utilizing the Trend Magic and Water Alter Explosion indicators, traders can navigate the crypto market with more confidence and potentially generate substantial profits.
It is important to note that this strategy should be used in conjunction with other technical and fundamental analysis tools. Additionally, traders should always practice proper risk management techniques and never invest more than they can afford to lose.
Frequently Asked Questions (FAQs)
Q: Can this strategy be used for other financial markets?
Yes, while this strategy is particularly effective for cryptocurrency trading, it can also be applied to other financial markets such as stocks, forex, and commodities. However, it is recommended to conduct thorough research and adapt the strategy to the specific characteristics of each market.
Q: How often should I monitor the charts when using this strategy?
The frequency of monitoring the charts depends on your trading style and time availability. Some traders prefer to monitor the charts on a daily basis, while others may check them multiple times throughout the day. It is important to find a balance that suits your trading goals and lifestyle.
Q: Can this strategy guarantee profits?
No trading strategy can guarantee profits as the financial markets are inherently unpredictable. However, this strategy increases the probability of making profitable trades by providing clear entry and exit signals based on the customized indicators. It is essential to combine this strategy with proper risk management techniques and a comprehensive understanding of the market.
Conclusion
In conclusion, the trading strategy outlined in this article offers a potential pathway to generating significant profits in a short period of time. By customizing the Trend Magic and Water Alter Explosion indicators and following the specified criteria, traders can identify favorable trading opportunities. However, it is crucial to remember that trading involves risks, and no strategy can guarantee success. Traders should always exercise caution, conduct thorough research, and continuously refine their skills to achieve long-term profitability in the financial markets.
Best Timeframe:
– 5m (Scalping)
– 15m to 4h (Day Trading)
– 1d (Swing Trading)
Sir which app is this ? Plz tell
Sir which app is this ? Plz tell
Sir which app is this ? Plz tell
can't find the wedda attar explosion on tradingview
😮
this is pretty dope
You told only buy side..but sell side what we do dude ??
very good 😊 please also share if heikenhashi candles works for this strategy
Does this indicator work for Options Trading?
Too much of nothing here.
Can this work on Indian stock market
I wan to study this trading I realy want to know it, just I dont k know how to start on it,
hope you have a Video for The Biggineers to know That Camdle And easy way tl understand,, Hope See this Commnent my Thankful ❤❤❤
Hmm
All indicators are indicate you not exactly indicator call you but or sell soo plse your hard work and strategy is important for market
i already made a indicator, you guys try it, its called ai-liquidate.. 🤣
where to set the Take Profit?
I am not able to see these strategy in trading view, is these are paid?
this sounds like an AI voice reading an AI script
I know this strategy won't work because i tried a lot of them in the past and i discovered that support and resistance trades are the best,but i'll try it anyway😊
the stop loss i get but where to put your profit?