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MAGIC Buy Sell indicator tradingview : rsi trading strategy : 5 minute scalping day trading Bitcoin - YouTube

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here is the sell signal fourteen percent profit from this position

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risk to reward approximately three signal by with three percent profit the sell signal data is six

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percent and the profit is here buy signal and five percent profit here sell data and 10 profit

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buy here and 15 profit here in the worst case scenario again a profit of 5

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buy signal and almost 12 profit and again a great signal and almost 12 profit

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let's collect the profits 14 of this position

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3 6 5 10 15

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5 11 approximately 11 80 profit in spot mode because most traders trade with leverage of 10

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i multiply the sum of profits by 10.

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800 profit in a few trades

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hello everyone today i came to introduce one of my personal strategies to you

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this strategy is achieved by changing an indicator with a custom rsi combination

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this is my own strategy and the win rate is very high i made huge profits with this strategy myself

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so please watch the video carefully because i will explain the small points in this video

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by fixing the errors of this strategy we can increase the win rate to one hundred percent

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okay let's learn this strategy first of all let's change the candles to heiken ashi

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then we add this indicator to the chart

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many channels teach this indicator without changing the settings this is taught as a

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strategy while this is completely wrong we need to correct the wrong signals of this indicator so

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stay with me until the end of the video to learn that you can use this indicator in all charts

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and create a real strategy by combining another indicator

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for example in this case the default in the gold chart gives relatively better signals

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for example here is the cell signal by here here again the cell signal data

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here are some examples of false signals

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of course the time frame has four hours which is why the false signal is less changing the

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indicator settings will change these signals from here we go to the indicator settings

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disable these options

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set this option to the bar below

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put this above the bar then go to the input section change the values of these numbers

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then turn off this option as well

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after changing the indicator you will see that the type of signals has changed

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here is the live market and two percent profit

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here is the buy signal and close to six percent profit

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this is a fake signal but we will add an indicator later to eliminate these false signals

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if we get a by position from here we will make a total profit here

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because it has an uptrend i do not trade on cell signals i change the time frame to 5 minutes

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in the time frame for 5 minutes let's see what the signals look like

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see how much better the signals are it gives a sell signal here from here i get the cell position

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here is a buy signal and it is very profitable

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it issued a great cell signal here this indicator really gives a lucrative scalping trading see what

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scalping signals it gives this false signal is invalid here too it issued a high profit signal

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it has issued two incorrect signals here that is perfectly normal but we correct the wrong signals

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by using the double rsi indicator i go to the indicator section again and add 2 rsi to our chart

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i add it to the chart twice

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first i go to the settings of this rsi i change this number to 100.

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then i change the settings of the second rsi i change its color and make it wider to look better

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then i go to the input section and change this number to 25

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now we have to put these two rsi together click on the three dots

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hold the mouse over the move to option then click on the existing pane below

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now to make the scale of these two indicators the same i apply another setting on rsi

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i click three points again then i hold the mouse here next i click on the pin to scale z option

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double rsi strategy is ready this is an extremely profitable strategy i have already uploaded a

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video of this strategy be sure to watch this video it's amazing i put the link of this video above

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gives the best scalping signals with high profits

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let's go to fix possible errors of this indicator it has issued a cell signal here when the

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indicator issues a cell signal we have to get the second confirmation from the double rsi

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the yellow line should cross the blue line downwards in these cases i open the cell position

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let's check the buy signal with rsi here the buy signal indicator is issued and

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here the yellow rsi line crosses the blue line from bottom to top

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so here the correct signal is confirmed i enter into a by scalp

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let's go to the next position here both indicators give a cell signal

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the important point is here here the cell signal indicator is issued

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but double rsi does not confirm this so here with the help of rsi we fixed the false signal

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here are both conditions for the by position

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here again the indicator gives the wrong signal but still double rsi does not confirm this

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but here the double rsi confirms the sell signal based on this we open the cell position this

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double rsi strategy is truly amazing dear traders you have seen for yourself that we have increased

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this indicator to 100 by changing the indicator settings and by adding the double rsi strategy win

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rate let's test this strategy on the bitcoin chart and let's see how it signals in the cryptocurrency

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market you can see that this is a live market and bitcoin has fallen here is the sell signal

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indicator wrsi has also confirmed the fall of bitcoin here so here we open a cell position

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this position so far gives the risk to reward 7.

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here the indicator sends some fake signals

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but our powerful rsi strategy has not confirmed any of these false signals so here are the

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highlights of this video and by following these tips we will never lose this rsi strategy has

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been tested 1000 times and is 100 successful like this video and encourage me to continue working

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in the next video i will teach a very profitable strategy with a signaling indicator

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so be sure to subscribe to the channel and click on the bell be notified when i upload the video

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i definitely recommend watching this double rsi strategy video

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you

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