How to backtest Signals with different Risk to reward ratioHello traders , this is my very first video on this platform, so please bear with me as I plan to make better content in the future.
In this video, I aim to show you how to test your trading signals using various risk-to-reward ratios. The goal is to identify the most suitable ratio for your signals and create a profitable strategy.
What's crucial in strategy development is effective risk management and selecting the right risk-to-reward ratio. You might have a signal that performs poorly at a 1:1 ratio but becomes profitable at a 3:1 ratio. I'll explain how to use this indicator and why it can be highly beneficial for your trading.
In this section of the video, I'm demonstrating how to apply this method to internal signals like RSI, moving averages, and Supertrend.
Additionally, I'm planning to create another video to teach you how to backtest your own external signals.
Please let me know if this is something you'd like to learn more about.
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5 Steps:Who Else Wants $5 Stocks?#1-The Secret Of The High
Trading this type of stock can be a huge challenge, but a challenge we can simlulate to solve.
#2-Here Is A Method That Is Helping Bid To Ask
When you decide to buy a stock like this you need to see what is the best bid or ask to enter the trade.
#3-Here Is A Quick Way To Bid
On this video you will see how to enter either a bid or ask on your trade.Watch it now to find out how or better yet watch it again.
#4-Now You Can Have OM Stocks
OM stock is a good example of a trade that can help you get started in trading stocks that are at a low price to buy.
#5-Have A $5 Stock You Can Be Proud Of
You want to buy a stock that is easy to afford because you will be using a cash account to trade them.
Disclaimer:This is not financial advice do your own research before you trade.
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How To Save Layouts & Find Previously Used LayoutsFollowing up on our video looking at how to customize a chart & how to have multiple charts on a single screen at once.
I wanted to take a look at how to customize a chart & save it as a layout, that way you can have completely different tabs for different pairs, strategies or other uses.
If you have any questions or comments please leave them below.
Akil
Dissecting SPY Price trends With Fibonacci Price TheoryHave you ever wanted to learn the one technique you can use on any chart, any interval, or any technical or price set up to help you become a better trader?
Let me show you the basics of Fibonacci Price Theory and how to use it.
Price is always seeking new highs or new lows - ALWAYS.
You'll hear others talking about price filling voids or moving through accumulation/distribution phases - which is all true. Price moves through these support/resistance levels or quickly through price voids to reach new highs or lows. This is all part of Fibonacci Price Theory.
When you learn to understand various intervals using this technique (Weekly, Daily, 30 Min, or others), you'll quickly be able to identify short-term, long-term, and intra-day trends like a pro.
It is not about catching every trend reversal/setup. This technique is about teaching you to stay on the right side of trend and to target the Sweet Spot in the middle of breakaway/breakdown trends.
Follow my research. Learn how I can help you become a better trader.
HOW-TO Use the new PB Trade Setup in the MTPredictor ScriptsIn this How-To video, we take a look at how to use the new PB or Pullback Trade Setup in the MTPredictor Invite-only Scripts to uncover potential trade setups. As an example we take a look at a recent Chart of the Russell Index on a 3min Chart.
As you will see from the video, this setup is designed to catch a minor pullback against a previous strong trend. The idea is that it positions you to take advantage as the prior strong trend then resumes. The Target for the Trade is the Typical Wave C WPT (Wave Price Target). More experienced Traders can look to "run" their Trades further by using the ATRStop, if the Market trend is "Strong" (MTPTrend beyond its strength band) as the Market reaches its Target.
Not all Trades are profitable, that is why we use Position Sizing to keep the losses small (all trading approaches have losses).
Remember, MTPredictor is not a "Black Box" system, where all signals should be taken, we only suggest considering trade setups, when there is a clear picture on the Higher time frame charts, this is essential.
Please also remember, that no matter how clear the picture may seem, losses can and always will unfold when trading, that is why Stops are vital. Please keep your losses small, and then look to run your Profits. The aim is, over time, to have Profits that are larger than the losses, which does not mean a high % of winners, just that the winners are larger than the losses over time.
Lastly, please note: this is not a trade recommendation, you should all perform your own Analysis. Losses can and will unfold when Trading, please always use Stops and keep your losses small.
5 Steps:Now You Can Buy MPTI Shares#1-Who Else Wants TYGO?
Even though this stock did gap down the volume is very low to trade it.
#2-Here Is A Method That Is Helping Traders To Buy MPTI
What I like about this one buy is that the volume is around 400k which is not too bad for liquidity
#3-Little Known Ways To Sell TYGO
Because the volume is low on this one selling shares amount should not exceed 1% of the total volume liquidity.
#4-Here's A Quick Way To Buy MPTI
As with this stock buying it should not exceed 1% of the total volume of the shares that made it pump up.
#5-Are You Selling TYGO?
If you decide to sell this one remember to think about liquidity because you want to easily go in and go out of the stock
Disclaimer: This is not financial advice do your own research before you trade
My Support and Resistance Strategy on the US 30.This is a brief primer of my trading strategy. I am a classic support and resistance trader, using an Order Block Detector from Lux Algo on multiple time frames, the 15 min, 1 hour and 4 hour, superimposed on a 5 minute chart. I use a Fibonacci Regression tool to do that. Then I wait for price to enter the buy or sell zones I've marked out. I look for identifiable patterns, like a head and shoulders or inverse head and shoulders, strong buyers or seller wicks, or Ascending or Descending triangles in or around these special zones to indicate that a setup is ready to go. It's a very good system that works for me. Please let me know if you have any questions.
An Intuition Flashed So Hear Me OutNever violate your hunches! With good intentions I want to introduced something that could raise our skill to the max.
The 100UNIT Challenge
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The idea here is to get rid of that demo mentality of believing it wont help when in reality it can truly sharpen our skills to a level unlike no other.
I did agree once about it that demo can be a waste of time or that no money is involved so it couldnt affect me the way real money can and I agree with all that completely.
Can we admit that the power of money and how much of a grip it have on us, it's unreal.
Takes training on a higher degree. Discipline and all the above to be able to treat a demo account like their real one.
With that being said I want to introduce an idea of mines, the 100UNIT challenge. To keep it simple, goal is to flip 100UNIT as high as possible trading BTC only without losing the account by going into negative balance. This is where trust comes in. You can reset as many times as you like but we all know you cant fake the ACCOUNT HISTORY which is needed to show your proof of trades. BTC only for now because it's the hardest asset to trade. This is not meant to be easy.
Rules:
We are to start with 100UNIT balance with a max risk per trade of 1-2UNITs increasing by .5 every 100UNITs profit.
Use any trading style you like but stick to the objective.
The idea is to focus on SKILLS and not the PROFITS .
And to practice for getting funded.
How high can you flip 100UNITs without losing the account first?
A very long-term (Macro) Approach To US/Global MarketsAfter completing my weekend research/videos, I wanted to create something that provided an anchor for traders/investors.
This video is not focused on the short-term market trends - although it does discuss what I expect to see play out over the next 12 to 24 months.
This video is more about preparing traders/investors for the global events related to Central Banks, market trends/opportunities, and how I believe the markets will react over the next 5+ years.
After watching this video, your job will be to watch for key events to unfold. These events, described in the video, will be key to understanding where opportunities and risks are in market trends.
This is NOT the same market we've been used to from 2010 through 2021. This is an entirely different beast of a global market.
Credit/debt issues will persist, and conflicts/war may drive major repricing events.
Pay attention and follow my research.
I'm delivering this long-term research to help you better prepare for market trends and protect your capital from downside risks.
10-6 Using Price/Fib Theory To Catch NFP MovesThis short video shows you how I used Fibonacci Price Theory techniques to identify trends, catch the biggest moves in price today on the SPY/SPX500.
This is an instructional video - attempting to show you how to use PRICE (the ultimate indicator) to help you learn to become a better trader.
How did I know price would REJECT at $425.40 this morning and sell downward?
How did I know the bottom would confirm near $421.20?
How did I know the price rejection near $421 (after the bottom) would result in a bullish rally phase?
Fibonacci Price Theory teaches us:
Price must always seek higher highs or lower lows - ALWAYS.
Failure to establish higher highs means price will attempt to make lower lows.
Failure to make lower lows means price will attempt to make higher highs.
Watch the video. Ask questions if you have them.
Price is the ultimate indicator - use it.
⚖️ 📊 Why Is The Fed Rate @ 5.33% ? - Here Is The Answer🛡️ Now in the last videos, i said
i was not going to teach you
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Risk management
but I have changed my mind
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in this video, i break down Risk management using
US Economy as an example take notes
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Watch this video now before you trade
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Disclaimer:
This is not financial advice
do your own research before you trade
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Do not buy or sell anything
i recommend to you
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🚫📊 **Trading Disclaimer** 🚫📊
The information provided is for
educational purposes
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only and should not be considered
as financial advice.
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Trading involves risk, and past performance
does not guarantee future results.
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Always conduct thorough research and consider
consulting a qualified financial advisor
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before making any investment decisions.
Remember to set appropriate
stop-loss levels to manage risk.
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How To Analyze Any Chart 📚 Gold Example 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Today we are going to go over a practical example on #GOLD , but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
How to Profit from Trend Exhaustion - XAGUSDHow much ... and when? What else is there to know? Enjoy this multi-timeframe tour of the XAGUSD chart to learn how I find MAJOR reversals and targets BEFORE price action reaches them. As always, I strive to produce charts that speak for themselves, and yet this is my video debut here on Tradingview, and I could not be more pleased to narrate this unusual experience. If you enjoy it or, better yet, if you learn from it, then consider this a preview of forthcoming weekday morning livestreams, which I hope you will follow. Until then, be liquid!