I Tested AI TradingView Strategy 100 Times (Must Watch)

I'm going to show you a trading strategy that uses machine learning to make you money let's get straight into it first things first let's set up trading view to make you money click on indicators to find this amazing AI trading strategy we will need to type in machine learning add this one to your chart this indicator uses machine learning to understand price movement of historical data to predict future movements on each pair and adds a number value to each candle not every move is perfect but this is why we will improve it using two other indicators tell you about today's sponsor Trader Edge Trader Edge is a website that allows you to track your trades back test strategies calculate position sizes and so much more thousands of Traders are using Trader Edge to get an edge on the competition the back tester section allows you to easily track back testing progress and it provides a tone of important data I use this to back test all of the strategies shared on the channel Trader Edge also provides indicators and strategies that you can start using today to become a profitable Trader on top of all this Trader Edge is also giving you a step-by-step guide on back testing worth one hundred dollars you also receive a full course on how to build a profitable mechanical trading strategy which has a value of 240 dollars now they'll even throw in four pre-made high quality strategies that are worth 100 alone that's four hundred and seventy dollar worth of bonuses absolutely free and they offer a seven day free trial so you can try it out today completely risk-free make sure you click the link in the description to claim your bonuses now this time you'll want to type in EMA and we will use this as one of the confirmations for Trend ensure you've all used these before open the EMA settings and change the length from 9 to 200. you can also make the EMA line a bit thicker so it is easier to see next we will want to add the final indicator click on indicators and type in Trend alert select this one here and add it to your chart okay so now that you have added all three indicators your chart should look like this let's get into how we can take trades let's start with cells you can see at the bottom of the screen the trend alert indicator was green but it has now changed to Red this indicates a downtrend and we should only look for cells during this time first thing we want to look for is a cell label paint this red label signals a cell trade our second Confluence for this strategy is the 200 EMA for a cell price must be below the 200 line and the candle must be closed and finally the trend alert is red so this is a valid trade to enter we will enter at the close of this candle here for cells we will be setting out stop loss at the red line here the indicator has default settings and finally we will be targeting a three risk to reward ratio you can see after a few candles this would have hit the take profit Target moving on we can see a Buy Signal but that isn't valid then we have another cell which is valid so we'll enter here we'll be entering at the candle close and setting the stop loss to the red line again as you can see our three risk to reward would have hit again shortly after we can see another red signal paint but its pretty clear price wouldn't have reached the profit Target on this trade no problem though we'll take the one percent loss we are still five percent up from three trades which is pretty amazing Let's cross this off and move on as you can see the next signal was a buy but this isn't valid price has now changed Direction so we will only be looking for buy trades this by here is valid because price is above the 200 EMA and we have a green Trend alert we will now be setting the stop loss to the green line we will still Target three percent profit this was another lovely example and hit our take profit moving on we had a sale signal paint but it wasn't valid then after another buy set a long position at the close of the candle and again set the stop loss to the green line I'm sure you can start to see how the setup works and during this time in the market it worked very very well this section alone could have passed your funded account if you were smart about it there is another take profit hit even the next two trades after this would have both hit your profit targets achieving another six percent on top okay so now that you have seen how the strategy works and the kind of profits that can be made let's back test it and show the results from 100 trades please click that subscribe button if you're liking this strategy okay so I have now back tested this strategy and you can clearly see how impressive the results are we went for a profit Target of three percent and risked one percent per trade we also started with a balance of five thousand dollars as that is the smallest prop firm funded account you can get with my Forex funds but we managed to turn five thousand dollars into twenty four thousand dollars which is absolutely crazy thank you for watching the video If you enjoyed please click this one right here or consider subscribing foreign

Channel: Trades By Mo

Views: 113,975

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Id: L6Yg60Knwmo

Length: 5min 34sec (334 seconds)

Published: Tue Feb 07 2023