FULL POWER Indicator on TradingView Gives Perfect Signals

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Transcript

00:00 Cut your losses in half by using these two trading view indicators

00:04 I'm about to show you in this video.

00:06 These tools are so accurate that they barely lose a trade.

00:11 I've done a backtesting on the Solana 5-minute time frame

00:14 and the results were shockingly good.

00:17 The strategy wins 8 times out of 10,

00:19 even in short time frames like 5 minutes.

00:23 I can only imagine what it can do in longer time frames,

00:26 where market manipulations are less frequent.

00:29 The strategy's drawbacks are minimum,

00:31 which confirms that it is safe to trade with and profit consistently.

00:36 Want to learn how to use these indicators like I do

00:38 and potentially get the same results?

00:41 Watch this tutorial till the end

00:43 and hit that subscribe button if you haven't already.

00:46 Let's dive in.

00:47 What sets these indicators apart

00:50 is their ability to accurately read the price chart

00:53 and give traders the real picture of the current market state.

00:57 This is crucial as most trading view indicators are lagging,

01:01 which means they are not predictive,

01:03 but are instead used to confirm trends already established in the market.

01:08 Additionally, these indicators analyze price action from different angles,

01:13 allowing you to see the bigger picture and make better decisions.

01:17 I will show you how to install these tools

01:19 with the exact same settings at the end of the video.

01:23 In this part of the tutorial,

01:24 we'll discuss how each feature of these tools gives you an edge in the market.

01:29 Learning how to read these signals correctly

01:32 is something I really want you to focus on.

01:35 Let's start with these trend lines with breaks.

01:38 This functionality is based on the construction of trend lines

01:42 that connect two significant points on a price chart, highs or lows.

01:47 The breaks in these trend lines are crucial events you should watch for,

01:51 as they can signal a potential change in the underlying trend.

01:55 The indicator assigns a number to each trend line

01:58 based on how steep the slope is.

02:00 The higher the number, the steeper the slope.

02:03 Typically, a break on the steep trend line

02:06 has a better probability of trend reversal.

02:09 This is due to the fact that the price is overextended.

02:12 These trend lines also have fake breakout protection

02:15 in the form of a thick, barely visible cloud.

02:19 This innovation increases the winning ratio

02:21 and adds an extra layer of protection.

02:24 Trend lines can also be used to spot accurate trade entries in an ongoing trend.

02:30 When a security trends upwards, the price makes higher lows.

02:34 The indicator connects these lows to form a bullish trend line,

02:37 which can serve as future support.

02:40 Buyers often wait for the price to retest the trend line

02:44 to initiate a long position, which leads to trend continuation.

02:48 For safer entries, the indicator also comes

02:51 with a multi-time frame momentum dashboard,

02:54 the second crucial feature.

02:57 The multi-time frame momentum dashboard

02:59 is a sophisticated trading tool

03:02 designed to give you a complete overview

03:04 of the market's momentum across various time frames,

03:08 all within a single, easily interpretable table.

03:12 This dashboard is particularly useful for those who incorporate momentum

03:17 and trend-following strategies into their analysis,

03:20 as it allows for a quick assessment of the market's current state

03:24 and potential shifts in momentum.

03:26 The dashboard is organized into columns,

03:30 each representing a different time frame.

03:32 These can be customized in the inputs.

03:34 Each cell within the table displays a momentum score

03:37 for the corresponding time frame.

03:40 This score ranges from 1 to 99.

03:43 A score between 1 and 40

03:45 indicates that the asset is experiencing bearish momentum

03:49 in the specified time frame,

03:51 indicating downward price movement.

03:54 Lower scores within this range signify stronger bearish momentum.

03:58 Scores within the 41 to 59 range

04:01 indicate a lack of clear momentum in either direction.

04:05 This could imply a consolidating market

04:08 or a potential transition phase

04:10 between bullish and bearish trends.

04:12 Higher scores between 60 and 99 signal bullish momentum,

04:17 with the asset likely experiencing upward price movement

04:20 in the specified time frame.

04:23 Scores closer to 99 represent stronger bullish momentum.

04:27 You can use the dashboard to confirm trends

04:29 across different time frames.

04:32 For instance, if an asset shows high momentum scores

04:35 across short-, medium- and long-term time frames,

04:39 it might indicate a strong and consistent bullish trend.

04:43 The third indicator feature that will be used in this strategy

04:46 is volumetric order blocks.

04:49 Volumetric order blocks can act as strong support or resistance levels.

04:53 A bullish block might act as support,

04:56 suggesting a potential rebound area,

05:01 while a bearish block might act as resistance,

05:04 indicating a potential area for price reversals.

05:08 In the strategy I'm about to show you,

05:10 order blocks will act as signal filters.

05:13 For instance, a buy trade cannot be initiated

05:16 if the price is near a bearish order block.

05:19 This is simply because the odds of the market

05:21 reaching the profit target are heavily against you.

05:24 Speaking of profit targets,

05:26 this indicator gives clear buy and sell signals

05:29 with algorithmically defined targets based on market volatility.

05:34 The reason there are more than one target

05:36 is to give traders an option to take a part of their position off

05:40 every time price reaches one of these targets.

05:43 This way of trade management decreases risk

05:46 and eliminates the human factor.

05:48 So, these are the features of indicator number one.

05:52 The second tool involved in this strategy is significantly simpler.

05:57 This is a technical analysis tool

05:59 that visually represents the current trend in the price of an asset

06:03 by drawing two parallel lines on a chart.

06:06 These lines form a channel

06:08 that encapsulates the price movements of the asset

06:11 over a specified period.

06:13 The upper line of the channel connects the high points of the price,

06:16 serving as resistance,

06:18 while the lower line connects the low points,

06:20 serving as support.

06:22 This indicator is widely used by traders

06:25 to understand the market direction and volatility.

06:28 In simple terms,

06:30 an ascending channel indicates a bullish trend.

06:33 [BELL RINGS]

06:35 A descending channel indicates a bearish trend.

06:43 And a horizontal channel suggests a consolidating market.

06:47 Now that we've determined our indicators,

06:50 let's discuss the exact conditions for opening buy and sell trades.

06:54 We'll start with a long trade.

06:56 Before initiating a long trade,

06:59 check if the following criteria have been met.

07:01 First, the trend channel is ascending.

07:04 Second, the indicator issues a buy signal

07:07 or a trend line break signal.

07:09 Third, market momentum in higher time frames like daily,

07:13 four hour, is above 50.

07:16 Fourth, there is no bearish order block below

07:19 or at the first profit target.

07:21 You can also add a rule to buy only near the lower trend channel band,

07:25 but this is optional.

07:27 Set the stop loss at the recommended price.

07:30 Once the market reaches your target 1,

07:32 adjust the stop loss to break even.

07:35 Move the stop loss to target 1

07:37 once the price reaches your target 2.

07:40 Close the trade when the price triggers your final target.

07:44 Let's look at another example.

07:46 Here a bullish break serves as a buy signal.

07:49 All other conditions remain the same.

07:59 When shorting a stock, do the exact opposite.

08:02 First, ensure the trend channel is descending.

08:06 Second, wait for the indicator to give a sell signal

08:10 or a trend line break signal.

08:12 Finally, look for high time frame market momentum.

08:16 It must be below 50 points.

08:18 Also, ensure there is no bullish order block below your entry price.

08:23 Follow the exact money management rules as for long trades.

08:27 In the final part of the tutorial,

08:29 I'll show you how to install and set up the indicators for this strategy.

08:34 Open the indicators and search for Adaptive Trend Finder.

08:38 Pick this one by Julian Eche.

08:41 Open the indicator settings and change the channel to long term.

08:45 The second indicator is an invite-only script.

08:51 It's called the Trade IQ Toolkit.

08:54 I'll leave the link to it in the video description.

08:57 Once you've installed it on the chart,

08:59 open its inputs and perform the following customizations.

09:03 You'll need to enable two touch trend lines with breaks,

09:07 order blocks, signals at high frequency,

09:10 with a filter and a trade multiplier set at 4.

09:14 Once you're finished, click OK.

09:16 Test this strategy on a demo account

09:19 and if you're happy with the results,

09:20 trade with it in the live market.

09:23 Happy trading.

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