How To Use & Set Alerts for Chart Pattern Recognition ToolsToday we take a look at how to put chart & candlestick pattern recognition tools onto your chart as well as set alerts for them so that you can notified each time one is present.
Please hit that LIKE/BOOST button before you head out & if you have any questions, comments or ideas for my next Tradingview Basics video, PLEASE LEAVE THEM BELOW!
Akil
Community ideas
Are Indicator Templates The Best Kept Secret on Tradingview?Hey Rich Friends,
One of the greatest features that I have ever stumbled upon on Tradingview was the "Indicator Templates." If you are new to trading and need a simple strategy you can build upon, why not try one that is already built into your chart?
In this quick video, I will explain:
1. How to access Indicator Templates
2. 3 simple trading strategies (Bill Williams' 3 Lines, MA Exp Ribbon, and Displaced EMA)
3. Saving your own strategy
4. Trigger Words:
BUY (up, above, higher, over, positive)
SELL (down, below, lower, under, negative)
- Peace and Profits, Cha
Z-Score Support and ResistanceHello everyone,
Coming in with a new indicator that I will be releasing shortly (I will link it below).
This is the Z-Score support and resistance indicator. It uses an anchored z-score (anchored to the period open price) to plot support and resistance levels.
It will help you identify where a ticker is likely to reverse and the range in which a ticker is likely to close at.
I hope you enjoy!
Leave your questions/comments below!
Have a great long weekend everyone!
The Best Forex Strategy I've Used in 3 Years | 4 IndicatorsHey Rich Friends,
Here is my trading strategy in black and white. Nothing more, nothing less. Stop overthinking. Stop overtrading. Stop overleveraging. Focus on finding great setups that meet all confirmations and let the market do the rest.
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish confirmations (Up, Above, Over, Higher):
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait
Bearish confirmations (Down, Below, Under, Lower):
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait.
Channel tradingHow to trade channels after sharp moves, where there is a valid money flow in the market.
During this short video I just described one of very common and useful techniques that is applied for channel trading, which is for this video scalping, but it applies to all time frames.
Here you need to get confirmation and be patient for pull back, it is important to put your stop loss precisely and of course be loyal to it (please do not move it)
Put the stop loss under that shadow but with enough space for breathing
How To Use Bar Tick Replay & historical DataIn today's Tradingview Basics video Akil Stokes walks you through his FAVORITE tool here on Tradingview which is Bar Tick Replay.
Having the ability to go back through historical dat whether it's fore data acquisition and/or find tune your trading eye is KEY to becoming a consistently profitable trader in my opinion.
Hope you enjoyed the video and if you have any questions or comments, please leave them below.
Akil
3 Month Bill Drops To 5.3%In this video, it was difficult to explain everything
--
The first thing we look at is the
3-month bill the price of this bond
--
Is set to drop as of this writing
Later the price will be baked into the market
--
In about 4 days from now
This is very important to understand
--
Because the financial market is backed by
Bonds
--
Once you understand bonds then you will learn
How you can well profit from this type
of market psychology
--
Watch this video to learn more
--
Disclaimer: Do not buy or sell what i tell you
to buy or sell do your own research before you trade
This is not financial advice
--
To learn more about this topic rocket boost this article
Learning Wykcoff Trading Method. {27/08/2023}Wyckoff Most Popular Trading Method Across Retail Traders and Smart Money.
Practicing on the Market to make myself expertise and Trade efficiently without putting my emotions while executing my trades.
Will be trading on Smart Money like Orderblock, trendline, the break of Structure, Change of Character, and Now Wyckoff trade schematic with the trend to improve my trade risk reward ratio.
Let's See
Thank you for your support.
Happy trading
FX Dollars.
Exponential Moving Average (EMA) Strategy - EURJPYThere are 5 different EMAs that are being used in this strategy, ant he EMAs act as moving support and resistant areas. Sellers are found on the resistant areas that act as the ceiling, and they are able to sell the market down (sell high) while buyers are found at the support areas that act as the floor, and they are able to buy the market up (buy low).
This is a EURJPY currency pair that looks at how a trader can be able to use 5 different EMAs to trade in the forex market as an intraday trader or a scalper who only takes 10 pip and jumps out
How to identify a trend move using AnchorsIn the video I discuss the concept of Anchors in trading and how I use them in my own trading.
Anchors play a major part in identifying the prime areas to trade and also in risk management when in a trade. I will discuss my prime setups and trading areas using anchors and multi-timeframe analysis.
** If you like the content then take a look at the profile to get more daily ideas and learning material **
** Comments and likes are greatly appreciated **
What is Scalping (How to Scalp the right way)To me scalping is a form of trading that's done when you're in between your moving averages or in between support and resistance levels like inside of those zones or when you are inside of consolidation and distribution areas. A lot of you claim to be scalpers on small time frames when the truth of the matter is you are simply impatient and you use 1 minute, 5 minute, 15 minute or less time frames on your charts.
With that being said one thing that you need to have a good grasp on is how to range trade and in this video I'm going to show you what you should be looking for when you arrange trading.
-------------
Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. In day trading, scalping is a term for a strategy to prioritize making high volumes off small profits.
Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain. Thus, having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful.
Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling.
Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain.
Having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful.
A successful stock scalper will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses.
A pure scalper will make a number of trades each day—perhaps in the hundreds.
Momentum Probability Oscillator Hello everyone!
Releasing this indicator that has been in the works for some time.
I have been using it now for about a month and I do really like it, so decided to finally release it.
Here is the link to the indicator if you are interested:
Thanks for watching and safe trades!
How To Go Full Time As A TraderHey guys!
In this video, we discuss some of the most important things to take into consideration before making the jump to becoming a full-time trader.
Topics discussed:
- Cash in, cash out and burn rate
- The importance of a solid, time-tested strategy
- Psychological pitfalls and how to avoid them
- Long term wealth impacts
Have questions? Let us know in the comments!
Looking for more high-probability trade ideas? Follow us below. ⬇️⬇️