4-Indicator Trading Strategy — Step-by-Step Guide & Transcript

[00:00] Hello friends. in today's video I will  explain each stage in detail which   will help you better understand  the uniqueness of the strategy   and the possibilities of its practical  application. the strategy itself is  

[00:18] very flexible and helps me analyze market  dynamics especially during short-term trading. let's start by setting up  the Ballinger bands indicator. it is  

[00:34] one of the main ones in the method.  let's set the period to 7, deviation to 1.2. also, colors green, white, red and gray.  next is the zigzag indicator which has

[01:03] period 6, 8 and three. let's change the color  to pink and save. the third indicator is

[01:15] Williams. let's reduce the period to seven. thicken all the lines

[01:31] fractal. let's leave it as it is by default.   then I have to set up 15 second  candles and trading time is 1 minute.

[01:50] the final stage of this method is to  select and place currency pairs with the   best percentage which will ensure a higher  probability of success in the trading  

[02:06] processes. now, let's start looking for good moments.  friends, I want to remind you for those who are   interested the platform registration link will be  in the video description. and now I have captured  

[02:21] a great moment. first of all, I paid attention to  the blue Williams line which begins to move   from bottom to top. it is worth nothing that it  has been in a downtrend for a long time and now  

[02:38] it's starting to come out of the downtrend. in  addition the red candle has already crossed   the lower red line of the Binger bands. this is  an important signal because in this case it  

[02:51] indicates that the price May begin to move in  the opposite direction. everything is going   so so perfectly. the first good profit is  great. but as you see the price has fallen  

[03:08] again and I will definitely open a position  in the upward direction again. because the   indicator signals allow me to do so. the good  signals are not over yet. also, if you look  

[03:24] below a red sign of the fractal indicator has  been added here which I actually usually use to   confirm such moments and this signal is very  good because it confirms the signal of the  

[03:40] two main indicators and makes the method more  effective. as you see, the green candles have confidently risen in the upper Direction  and I think I'm going to win this trade too.  

[04:00] it's really cool. I recorded two successful trades  on one currency pair and that's a pretty good result. I think it's a similar situation to  the previous one. you see the blue Williams  

[04:16] line which is below its own Red Line. usually,  this extreme downward situation does not   last long in this particular method. but it  should also give me a signal as I already  

[04:32] told you about the Ballinger bands lines. in this  case the red Ballinger bands line was crossed   Again by the candles and as you  see it starts moving in an upward Direction. in  

[04:48] short this method is very effective for me  and I I often record quite good results. it was a little bit risky situation. I  I was little lucky but I won again which is  

[05:07] great. friends, as I have already told you the most  important indicators in this method are Williams   and Bolinger bands but I use zigzag and fractal  to confirm them. these two indicators help me  

[05:26] to see how the price has moved over a longer  period of time and how well it corresponds   to current processes and situations  on the market. so, all four indicators  

[05:40] are necessary to get a good result. I hope you  like the video. I also have a telegram Channel   where I post the time in advance when the  next video will be posted. so I want to  

[05:55] say goodbye. I wish you a successful trading day  and see you in the next video. thank you so much