The Most Accurate Buy Sell Signals Indicator in TradingView - 100% Profitable in Intraday Trading

hey everyone welcome back to my Channel today I'm  excited to share with you a highly effective and   easy to learn trading strategy that can bring you  significant profits with this strategy you'll be   able to achieve consistent success in your  trades without the need for any complicated   techniques or tools throughout this video I'll  guide you through every step of the strategy   explaining each detail in a clear and concise  way by the end of this video you'll have a deep   understanding of how this strategy works and  how to apply it in your own trading activities   so whether you're a beginner or an experienced  Trader make sure to watch this entire video   and take notes as this strategy could truly  transform your trading results let's get started   alright let's get started with setting up this  strategy on our trading platform I'm going to   be using trading view for this example but  you can use any platform that supports the   indicators we'll be using first we need to select  the pound sterling to Japanese yen currency pair   this is the pair we'll be using for our analysis  And Trades now I prefer to use a 15 minute time   frame for this strategy but you can use any  time frame you're comfortable with in fact   this strategy can be applied to any time frame and  still be profitable now let's add the indicators   that we'll be using we'll be using three free  indicators in total the first one is called   the Pivot Point super Trend to add this to your  chart on trading view simply open the indicators   section search for Pivot Point super Trend and  add it to your chart this indicator is going to   give us clear buy and sell signals that we'll use  to make our trades it's simple to understand and   very effective when used correctly in the next  part of this video I'll show you how to use this   indicator to make profitable trades stay tuned  alright now that we have the Pivot Point super   Trend indicator added to our chart let's talk  about how we can use it to make profitable trades   this indicator is incredibly simple to use there  are only two conditions you need to consider the   Buy Signal and the sell signal when the super  Trend gives a Buy Signal that's your cue to   execute a Buy trade and when it gives a sell  signal that's your cue to execute a sell trade   it's that easy by following these two simple  conditions you could potentially make astounding   profits with this strategy in fact this indicator  has a high success rate when used correctly   but of course there are a few additional details  that you'll need to be aware of to maximize your   success with this strategy in the next part  of this video I'll go into more detail about   these details and give you some helpful tips to  ensure your trades are as profitable as possible   stay tuned okay so far we've learned how to use  the Pivot Point super Trend indicator to make   profitable trades however relying solely on this  indicator can lead to some problems especially   when the market enters a ranging Zone in these  situations we might receive false signals that   could result in losing trades for example this  signal here and this one here are both false   signals to filter out these false signals we need  to add another indicator to our chart it's called   the SD Central pivot range indicator to add this  to your chart on trading view simply open the   indicators section search for sdcpr and apply it  to your chart the sdcpr indicator contains support   and resistance lines that help us identify areas  of Market consolidation or range-bound trading by   using this indicator in combination with the Pivot  Point super Trend we can filter out false signals   and increase our chances of making profitable  trades but before we start using the SD CPR   indicator we need to make a few adjustments to  its settings in the style tab select the cross   option and in the inputs tab replace 7 with 100.  in the next part of this video I'll show you how   to use the SD CPR indicator in combination with  the Pivot Point super Trend to make profitable   trades even in ranging markets stay tuned now that  we have added the SD CPR indicator to our chart we   can use it as a support and resistance level if  you take a closer look at the CPR you will notice   that the lines are very close to each other this  indicates that although the support it provides   might be weak there is a strong chance that the  market will start trending heavily to the upside   however since there is still a chance that the  price might break through the Zone we should wait   for the price action to confirm the rejection  of the CPR before entering into a long position   once we see the price rejecting the CPR we can  check the super Trend indicator for a Buy Signal   if the super Trend also gives a Buy Signal we can  enter into a long position but before we execute   the Buy trade we need to determine our stop loss  and profit Target in the next part of this video   I'll show you how to set these levels using a  simple but effective technique so stay tuned   now let's take a look at a sell trade using the  CPR indicator when the CPR lines are narrow it   suggests that the market is likely to start  trending heavily in the downward Direction   however since there is still a possibility of a  price rebound we need to wait for the price to   reject the resistance level before entering into  a short position as you can see in this chart the   price has rejected the resistance level which  confirms that we should enter a short position   this can be further confirmed by the cell  signal generated by the super Trend indicator   if you have good knowledge of the market you  can make good profits using just these two   indicators but if you're new to trading or want  to make things even easier I'll introduce a third   indicator that can help you execute trades more  easily stay tuned for the next part of this video   now we'll use all the three indicators together  to execute a trade first add the macd plus SMA   200 indicator to your chart from the indicator  tab now let's see how to execute a Buy trade the   first condition is that the market price should  be above the 200 moving average line shown in   green next we'll check the super Trend indicator  for a Buy Signal confirmation once we get the   confirmation we'll look at the CPR indicator here  we have a perfect Buy Signal so we can enter into   a long position remember that the price should be  above both moving averages before executing the   trade we'll place the stop loss at the bottom CPR  line with a swing low if the distance is too far   we can Target the previous swing High aiming  for a risk to reward ratio of at least 1.5   to execute a sell trade we will first look at the  200-day moving average which is represented by the   red line on the chart the market price should  be below this line next we will look at the   super Trend indicator which should generate a sell  signal once we have received this confirmation we   will look at the CPR indicator to further confirm  our trade in the case of a sell trade the CPR   indicators support and resistance lines will be  very close together suggesting that the market may   start heavily trending in the downward Direction  however we will wait for the price action to   reject the resistance level before entering  into a short position once we have confirmed   the rejection of the resistance level we can enter  a short position for the stop loss we will place   it above the CPR indicator's resistance level or  at the swing High whichever is closer and for the   take profit we will aim for a previous swing low  targeting a risk to reward ratio of at least 1.5   overall by using all three indicators the super  Trend indicator the CPR indicator and the 200-day   moving average we can execute profitable buy and  sell trades with a higher degree of confidence   now when you use this indicator on the 15-minute  time frame it's important to note that your stop   loss may be small however it's possible for  your stop loss to get hit due to high spreads   to avoid this it's recommended to use a zero  spread broker this is crucial because when   scalping every pip counts and a broker with a  high spread could make it difficult to turn a   profit if you're interested in using a zero  spread broker I recommend joining IC markets   you can find the link to their website in  the description now that we've learned the   strategy let's put it to the test on  the pound sterling to US dollar chart thank you I'm excited to share with you the results of  our back testing on a five-minute scalping   strategy the strategy has a win rate of 91  which is an excellent result for a scalping   strategy but what's even more impressive is the  profit made after taking 100 trades with this   strategy we increase the account size by over  six thousand percent that means if you started   with one thousand dollars you could turn it into  sixty six thousand dollars one of the best things   about this strategy is the risk to reward ratio  which is favorable most of the time in fact the   largest profit made on a single trade was 40  and the maximum drawdown for the strategy is   only six percent these results show that the  strategy is highly effective and profitable   if you're interested in trying this strategy we  highly recommend that you backtest it with a demo   account first before live trading this will  allow you to get familiar with the strategy   and make any necessary adjustments to suit  your trading Style overall we believe that   this scalping strategy is a powerful tool that  can help you achieve your trading goals so go   ahead and give it a try and let us know about  your success stories thank you for watching

Channel: Power of Trading

Views: 194,622

Keywords: tradingview best indicators, best tradingview indicator, day trading, intraday trading, intraday, intraday indicator, the most accurate buy sell signal indicator in tradingview, 100 profitable trading strategy, forex trading indicator, tradingview, tradingview tutorial, tradingview indicator, poweroftrading, power of trading strategies, best day trading indicators, forex trading for beginners, how to trade, how to make profit, us, buy sell indicator tradingview, buy sell signal, usa

Id: 1--0kfPSvRA

Length: 10min 4sec (604 seconds)

Published: Sun Apr 02 2023