hey there in today's video I want to share a
simple yet very profitable strategy video guys do not underestimate this strategy because of
its Simplicity by mastering this strategy you've only the other ones anymore I will go through
everything step by step and try to teach you each and every detail so be sure to watch the whole
video first of all open to tradingview.com website and then select the beatcoin usdt currency per
next for now I'll set my time to the five minute time frame for the strategy but keep in mind that
you can use this method on all time frames and this strategy can be profitable on all of them now
it's time to add the indicators to our chart in total three free indicators are going to be used
in this strategy let's get to applying the first one open the indicators tab from the top of the
page in trading View then on the top of the tab in the search bar we type our first indicator's
name which is Trader XO we add this Trader XL micro Trend scanner made by BTC trolley indicator
Trend charts now as you can see Trader XO micro Trend scanner is an indicator of its simple and
clear buy and sell signals that we're going to use them to trade this indicator contains two moving
average graphs these two lines here this one below is the fast moving average graph and the one on
the top is the slow graph the trading signals given by the indicator are based on the crossing
of these two lines if the crossing is upwards then it will give us a bullish or Buy Signal or for
example like here if the crossing is downward it will show a bearish or sell signal now how do
we trade using this indicator as I said this is a simple trading indicator which is very easy
to use and if you consider only two conditions you can trade with this indicator alone the two
conditions are the appearance of a bullish or long signal and a candlesticks form simultaneously with
the signal being above the two lines so whenever these conditions are met you can enter the trade
where the trigger Candlestick is closed and make profit you could have had an astounding profit
from this trade also for the cell signals the conditions are exactly the opposite if a bearish
signal appears alongside a Candlestick which is closed under both of the moving average lines
all conditions are fulfilled and we can enter the trade where the trigger Candlestick has been
closed and gain profit without any problem let me show you some more examples on different time
frames to prove that this indicator is really precise and effective let's check out the 15
minute time frame see here even in this time frame the indicator has given us a Buy Signal
at the best point possible if we had entered the trade using the signal as you can see we could
have caught a very big movement of the market this big movement of the market could have been
snatched by using the Spy signal and we could have gained a lot of profit and had an amazing trade
here we got a sell signal and the Candlestick has been closed under the moving average lines so we
can enter the trade here and open a short selling position where the candlesticks has been closed
again the trade could have made a lot of profit for us just with the help of this indicator alone
but if they use this indicator alone we could face some problems same as the other indicator is that
when the market enters the rain Zone like here in this situation we will get some fake signals
for instance the signal here is fake or this one over here and also this one is fake as well
we can eliminate all of these fake signals using the methods that I'm going to introduce later in
this video but before moving on to that if you're enjoyed this video make sure to leave a like And
subscribe and help the Channel with the algorithm okay now let me teach you how to filter these fake
signals we need to add another indicator to our charts on top of the page click on the indicators
option and open the tab and the search bar type macd and apply the moving average convergence
Divergence indicator to your charts by clicking on it now this is how the indicator looks and it
contains some histograms and a signal line and a macd line to make to most of the syndicator
we must open the settings of this indicator and change some things up so that the indicator
can become more optimized and efficient for our strategy first in the stanza we disable the macd
and the signal options because we won't be needing these two in this strategy next we move to the
input section and from there we change the fast length option to 25 and the slow length to 100
that's it now we can click on the OK and close the tab let me explain how we will be using
the macd in our strategy the way we use it is that whenever the macdis histogram is above
the zero line it means that we're currently it's an uptrend movement and we're allowed to
enter only by trades and if the histogram is under the zero line it tells us that we are as
a downtrend movement and we should enter only short or sell trades let's see the indicator has
worked with the first one here we got a bearish or cell signal and if I draw a line exactly on this
Candlestick we can see that the macd's histogram is under the zero line so we're currently at
a descending Trend and and we are allowed to enter only cell traits so this signal is valid
and we could have entered the trade using it if we were to do that and set our stop loss to
here we would have made a lot of profit now let's move on to the next trade see here we got
a Buy Signal let's check it up using the macd indicator and see if it is valid or not here the
macdis histogram is completely under the zero line so that means we are at downtrend movement and
we are not allowed to enter a Buy trade so the signal here is fake and we should ignore it and
don't enter a trade now the next signal is sell or bearish that has been given by the first
indicator I will draw a line here see down here in the marketing indicator the histogram is
still under the zero line so if you're still at a downtrend movement and we are allowed to
open Short Selling positions we could have gained profit from this street as well now let
me show you some more examples using this method since it is always the best to trade according to
the Market's true momentum I go to the indicators Tab and search EMA and add the moving average
exponential indicator to my chart by clicking on it we've got to change some things in this
indicator in order to do that I will open EMA settings tab by clicking on this gear icon
in the settings I will change the length to 200 from 9.
Next in the style section change the
moving average lines color to white and make it a little Bolder so it can be seen better this moving
average line actually shows us the direction of the Market's Trend and if the price is higher than
the moving average line it means that the trend of the market is upwards and if the price is lower
than the moving average graph it says that the trend of the market is downwards we can enter a
Buy trade whenever a Buy Signal has been given by the first indicator which is trade EXO here we
got a buy signal and the second condition is the magnets histogram being above the zero line but
now we've got a third condition as well that is the price being higher than the moving average
200 line here our trigger Candlestick has been closed exactly above the moving average 200
graph so we are allowed to enter a Buy trade now let's test a short trade and check out its
conditions to enter a cell trade we have to get a short or buried signal from the tradexo indicator
that we have got it here next the macd's histogram has got to be under the zero line and in this
position the histogram is under the zero line so the second condition is met as well and for the
third condition our trigger Candlestick should close under the moving average line and this is
true here so we can enter a short selling trade foreign ly learned this strategy I want to test
it on the ethereum chart with the 15 minute time frame and I want to see so how much profit we
could have made in this trades using this strategy foreign in only 10 trades in the ethereum chart
we achieved nearly 300 profit and this much profit in such food trades is
truly amazing and extraordinary but if you want to know about another great
strategy that is as good as this one make sure to watch this next video shown
on the screen take care and goodbye foreign
