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Learn about the powerful scalping strategy using the AI Buy-Sell signal indicator available on Trading View. Also, find a reliable broker link and join the telegram group for price action trading. Use the AI indicator with the proper care, and find the best settings for good results.
The Hidden Artificial Intelligence Indicator on Trading View: A Powerful Scalping Strategy
Introduction:
In this video, we will delve into the world of artificial intelligence and how it can help in trading. Many traders may not be aware of the artificial intelligence buy-sell signal indicator that is now available on Trading View. Thus, this video seeks to equip traders with the knowledge on how to use this indicator to their advantage. Additionally, the video introduces the use of exponential moving average in the trading strategy.
Understanding the Artificial Intelligence Buy-Sell Signal Indicator:
The first step is to install the indicator on Trading View. This indicator calculates the market direction using artificial intelligence and provides buying and selling signals. The red and blue triangles on the chart represent sell and buy signals, respectively.
Using the Exponential Moving Average to Filter Signals:
While the artificial intelligence indicator is useful, traders need to take measures to filter out false signals. This is where the exponential moving average comes in. When the market is trending above the 200 EMA, it is in an uptrend, and we take only buy signals. Conversely, when the market is trending below the 200 EMA, we consider only sell signals.
Customizing the Indicator:
Traders can customize the indicator to fit their preferred trading style. This includes adjusting the short and long periods of the indicator. However, it is important to note that the signals processing time is affected when more customizations are made.
Results on Different Currency Pairs:
The video presents the results of using the artificial intelligence indicator and the exponential moving average on various currency pairs, including EUR/USD and gold. The overall results show the potential for significant profits in a short period.
Price Action Trading:
This section introduces price action trading, without the use of indicators for fast signals. The video invites traders to join a community where they can learn more about price action trading.
Conclusion:
The artificial intelligence buy-sell signal indicator offers a powerful tool for traders. Through customizations and filtering of false signals, traders can increase their chances of success. The video also highlights the potential of price action trading as an alternative to using indicators for trading signals.
