TradingLab
A trading strategy made a 310% profit in 1.5 months, using QQE mod, hull suite, and a volume oscillator. Optimizing the settings is essential. Follow rules for entering trades and set stop loss at recent swing low and take profit at 1.5:1 risk to reward ratio. Backtest results are available on Discord.
How to Maximize Your Trading Profits with Three Simple Indicators
Introduction
Are you tired of trading strategies that just do not work? Well, here’s good news for you. In just one and a half months of trading, one can make a whopping 310% profit. Sounds too good to be true? Keep reading and learn how.
Step 1: Go to Tradingview
The first step in this trading strategy is to go to Tradingview. Tradingview is a platform for viewing and sharing trading ideas. It is free and can be accessed from anywhere around the world.
Step 2: Set Up Your Indicators
Now let’s set up your indicators. The first indicator to search for is the QQE mod. It is a technical analysis tool that is used to identify trends in the market. After typing in “QQE mod,” locate it by Insilico, then add it to your chart.
The second indicator is called the Hull suite. It is a trend-following indicator that is very useful in identifying market trends. Add Hull Suite by Insilico to your chart.
The third and final indicator is a volume oscillator. It is an indicator that measures the strength of the market based on trading volume. Add it to your chart.
Step 3: Optimize Your Indicator Settings
Now let’s optimize the indicator settings. First, go to the Hull Suite indicator and change the length from 55 to 60. Then change the length multiplier to 3.
Next, go to the QQE mod and select the style tab. Uncheck the level box.
Step 4: Follow the Rules
The rules of this trading strategy are simple. First, make sure there is a blue histogram on the QQE mod. Next, ensure that the Hull Suite indicator line is green, and the price is above it.
Then, we need sufficient volume in the market, so the volume oscillator must be above the dotted line. If all the rules are met, enter a trade. Set your stop loss at the recent swing low, and set your take profit at a 1.5:1 risk to reward ratio. Congratulations! You’ve got a winning trade.
Step 5: Interested in the Backtest Results?
If you are interested in the backtest results for this trading strategy, join the Discord community. The results will be available there.
Conclusion
In conclusion, trading does not need to be overly complicated. By following these simple steps and using these three effective indicators, you can maximize your trading profits. Remember to always use proper risk management and never risk more than you can afford to lose. Happy trading!
