[00:00] And its fn amazing. One day I was looking through the public&nbsp;&nbsp; library of indicators on Tradingview for fun. Yeah, I search trading indicators for&nbsp;&nbsp; I stumbled upon an indicator that claimed it&nbsp; could predict the exact future of the chart. &nbsp;
[00:19] Just as you are, I was intrigued. I added the indicator to my chart&nbsp;&nbsp; and saw that it added a projection line to&nbsp; what it thought the price will do next. &nbsp; When I first saw this, I laughed to myself&nbsp; thinking Wow, what an indicator. It can&nbsp;&nbsp;
[00:31] put a little line on my chart, real cool . But then a couple hours passed and I looked&nbsp;&nbsp; back at my chart and I saw the price followed&nbsp; the EXACT movement of the projected line. &nbsp; I was instantly amazed so I tested it and cooked&nbsp; up a beautiful strategy using this indicator. &nbsp;
[00:51] And lemme tell ya, it works amazing. And that s exactly why im making this&nbsp;&nbsp; I know im amazing. Let s get straight to it. &nbsp; First things first. You need to get tradingview.&nbsp; If you don t yet have it ill leave a link&nbsp;&nbsp;
[01:04] tab and type in the next pivot . Once you do this, the indicator will be&nbsp;&nbsp; added to your chart and you will see two lines. The white line, which is the projection&nbsp;&nbsp; project of the general price movement. But in order for this indicator to be&nbsp;&nbsp;
[01:22] successful you have to add a little bit more&nbsp; to this strategy. Which ill cover in a bit. &nbsp; Well if you go to the settings, there will&nbsp; be a setting called correlated length &nbsp;
[01:34] This number is how many candles&nbsp; the indicator will calculate. &nbsp; It will look at the past 20 candles and go&nbsp; through the entire chart history and try to&nbsp;&nbsp; find another pattern that closely resembles&nbsp; the one that is currently being provided. &nbsp;
[01:48] As what happens in the past is&nbsp; likely to happen in the future. &nbsp; Once it finds it, it will then put the&nbsp; projection on you chart as you see now. &nbsp; And as you can see, it works pretty damn well. But as I said earlier there&nbsp;&nbsp;
[02:01] you probably shouldn t use it by itself. As just because happens in the past,&nbsp;&nbsp; doesn t mean it will happen in the future. So we have to add a little bit more to this&nbsp;&nbsp;
[02:13] Go back to the indicators&nbsp; tab and type in ssl hybrid. &nbsp; Make sure you add this one, right here. Go to the settings of this indicator and&nbsp;&nbsp; change the ssl1 baseline length to 200. Then change the baseline type to mchinley &nbsp;
[02:30] This is just a type of moving average that was&nbsp; designed to track the market better than your&nbsp;&nbsp; typical normal moving average. Next, click the style tab. &nbsp; You re gonna wanna uncheck all these boxes&nbsp; besides the ma color and the bar color. &nbsp;
[02:43] Next, go back to the indicators tab and add&nbsp; an indicator called the volume oscillator. &nbsp; And I like to change the colors of these&nbsp; lines so they are a bit more visible. &nbsp;
[02:56] So those are all the indicators that we need. Now let s go over the juicy strategy. &nbsp; I m going to show you Hankotradeeee. These are my trade results using hankotrade. &nbsp;
[03:09] As you can see I have a #100,000 deposit&nbsp; and I have profited nearly $28,000. &nbsp; If you are looking for a broker to win more&nbsp; trades. I recommend clicking the link in my&nbsp;&nbsp; simply just a better broker with lower&nbsp; commissions and fast execution times. &nbsp;
[03:27] Which results in you winning more trades. They even just mitigated to their own in house&nbsp;&nbsp; trading platform called ACT Trader. Which&nbsp; has soooo many more benefits than mt5. &nbsp; match whatever you first deposit. Okay, so lets go over the strategy. &nbsp;
[03:45] So for a long trade, you are going&nbsp; to want this exact configuration. &nbsp; Next, you want both the bars and&nbsp; the ma baseline to both be blue. &nbsp;
[03:59] Finally, you want the volume&nbsp; oscillator to be above the zero line. &nbsp; You re going to set your stop loss right&nbsp; below the recent low and you re going&nbsp;&nbsp; to set your take profit at a recent high. And just like that you have a winning trade. &nbsp;
[04:14] Let me show you. So here all the&nbsp;&nbsp; conditions are met. The projection line is moving&nbsp; upwards, the bars and ma line are blue. And the&nbsp;&nbsp; volume oscillator is above the zero line. So we set out take profit and stop loss. &nbsp;
[04:29] But if we closely the projection&nbsp; line shows its going to hit our&nbsp;&nbsp; stop loss before hitting our take profit. So in this case, we do not enter the trade. &nbsp; Let s go over a short trade. First you want the projection be going downwards. &nbsp;
[04:46] You then want both the bars&nbsp; and the ma line to be red. &nbsp; And then finally, you still want the volume&nbsp; oscillator to be above the zero line. &nbsp; If all these conditions are met, you re going to&nbsp; set your stop loss right above the recent high and&nbsp;&nbsp;
[04:59] set your take profit at a recent low. And again, just like that you have&nbsp;&nbsp; is amazing. Try it out for yourself and let&nbsp; me know how it works for you on Instagram. &nbsp;
[05:11] This will open your eyes&nbsp; on how to trade correctly. &nbsp; Thanks for watching and ill&nbsp; see you guys next time.