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Best Tradingview Indicator for Scalping Trading || Master Indicator in Tradingview - YouTube
Channel: Power of Trading
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hi i'm joey today i will tell you about a聽
very secret trading step on trading view聽聽
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you can see it on screen now i聽
am going to use this for trading聽聽
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using this setup we will execute a lot of trades聽
and look at its profit ratio so keep watching聽聽
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this video without skip it so let's street the聽
trade so you can see we got one sell signal here聽聽
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so let's now talk about its rules which聽
rules i want you to follow to take the trade聽聽
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the most important thing in this strategy will聽
be a risk reward ratio we will keep our stop聽聽
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losses one is to two and we have to keep in mind聽
that the candles give closing below the red line聽聽
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and we have to execute the trade of cell to make聽
sure that the indicator below creates an ad signal聽聽
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so you can see now we have got all these聽
signals so we will do our trade here
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so you can see our target聽
of profit has been reached聽聽
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let us see if the indicator is聽
able to generate a similar profit
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here again we have got cell signal聽
and the condition of the same
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we will keep our risk reward ratio one is to one聽聽
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bqs we have already generated聽
a profit on this trend聽聽
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the candles give a closing below the red line and聽
indicator below is an ad signal so let's trade
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so we have done another trade win here you聽
can see it has been working very well so far聽聽
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its winning ratio is 100 looking forward to you聽
is it able to maintain its winning ratio or not
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you can see in the indicator below聽
we have got the option to add聽聽
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you see candle has closed the top of the red line聽
if this is a false signal we will not trade on it
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so you can see we got one buy signal here聽聽
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but i will not trade here because here聽
i have to take a very big stop loss聽聽
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not only a signal is needed for a trading but it聽
is also important to have a good money management聽聽
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i had already decided that i would take only聽
one percent of the risk and if i trade here聽聽
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then my loss will get bigger and i have to take聽
a two percent risk so i will avoid this signal
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same condition if we execute our trade on this聽
then we have to take more of our stop loss聽聽
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so i will avoid this signal
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so you watch the complete video聽
you will understand everything聽聽
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here again we have got cell signal and聽
the condition of the same so you can see聽聽
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we have a first stop loss hit聽
here let's find new signal聽聽
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we had earlier trade a signal聽
on which we have generated loss聽聽
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if the signal of the same cell is received back聽
we will not trade it so i will avoid this signal i聽聽
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trade here then my stop-loss will get bigger and i聽
have to take a two percent risk same condition if聽聽
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we execute our trade on this then we have to take聽
more of our stop-loss so i will avoid this signal
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here i have got the signal聽
of a buy but you can see聽聽
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candle closing has been given below聽
the line so we will not do this trade
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so you can see here we have got the signal聽
of the cell and we will trade the cell on聽聽
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it and you can also use price action with this聽
indicator will increase your winning ratio even
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more
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our target of profit can be met here we will聽聽
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do by trade and our target of聽
profit will be one as toe too
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our target of profit can be met
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i had already decided that i would take only聽
one percent of the risk and if i trade here聽聽
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then my stop-loss will get bigger and i have to聽
take a two percent risk i will avoid this signal
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i got sell signal here you can see but i will not聽
trade here because you can see here the market has聽聽
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come up quite strong and there is still a slight聽
side wedge but may have caught back of uptrend聽聽
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so now we will look at the market by waiting a聽
little bit after that we will execute the trade
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you see candle has closed the top of聽
the red line don't enter the trade
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you see candle has closed the top of聽
the red line don't enter the trade
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we have got the signal of聽
buy here you can see below聽聽
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indicator has been shown the option聽
of buy there and you can see the trend聽聽
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you have blue of color and have given聽
a closing above the market blue line
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you can see how best this strategy has given聽
a profit so far and its results are in front聽聽
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of you so now you have to decide whether you want聽
to use this indicator or not and if you have any聽聽
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confusion then please watch this video again by聽
replying once you will understand everything and聽聽
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all those who have seen this video by skipping and聽
now only want this indicator then please do not聽聽
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take this indicator because you will not be able聽
to use it and you lose trading if you make a loss聽聽
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let me now tell you how to install this system聽
you're trying to remove all my indicators and聽聽
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reinstall now the way i will install the聽
indicator you have to process the same
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now search f l i and second a a f l i
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i hope you will not face any聽
problem in installing the indicator聽聽
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and if you have any problem about this center聽
then you will tell me in the comment box below聽聽
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keep watching and keep聽
supporting thank you traders
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press the bell icon on the youtube聽
app and never miss another update
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