Learn a powerful Forex strategy using Trading View, an independent third-party technical analysis platform for accurate and transparent prices. Use two indicators including a special AI indicator to get buy and sell signals. Fund your Forex account with Perfect Money, the most popular e-currency payment system in Nigeria, and withdraw funds instantly using soget.com. Add the Lorenzian classification machine learning algorithm indicator to accurately forecast the behavior and patterns of financial markets. Get exact buy and sell signals with green and red arrows respectively. Use the 15-minute time frame for the strategy and choose any currency pair.

The Ultimate Forex Trading Strategy Using Trading View Platform

Introduction

As a Forex trader, your goal should be to consistently make profitable trades. However, many traders often struggle to find the right strategies that can guarantee such success. If you are one of them, then consider yourself lucky as this article will introduce you to a powerful Forex strategy that you can use to trade on your Forex Trading account using your respective broker.

The strategy is unique in that it involves the use of the Trading View platform, which is a popular technical analysis platform that is an independent third-party technical analysis platform that you can use to analyze your Forex Market, Crypto Market, Stock Exchange Market, and other indices. Unlike other platforms provided by Forex brokers, Trading View platform offers accurate and transparent prices that are free from interference from Forex brokers or exchanges.

In this article, we will explore this powerful Forex strategy in detail, and show you how to use it to make profitable trades.

The Trading View Platform

Trading View platform is a technical analysis platform that offers traders an independent third-party analysis of the Forex market, Crypto market, Stock Exchange Market, and other indices. The platform offers transparent and accurate prices free from interference from Forex brokers or exchanges.

To use this platform, you need to sign up at tradingview.com.

Once you are logged into your account, you will be taken to the main page of the platform. From there, you can access a wide range of charts that show price movements of various Forex pairs, Crypto pairs, Stock Exchange Market, and other indices.

The Powerful Forex Strategy

The Forex strategy involves using two indicators: Artificial Intelligence (AI) and Moving Average (MA).

Artificial Intelligence Indicator

The AI indicator used in this strategy is called Lorenzian Classification. It is an advanced artificial intelligence indicator that offers exact buy and sell signals using an algorithm known as Lorenzian Classification Machine Learning Algorithm. The algorithm accurately forecasts the behavior and patterns of financial markets by measuring the distance of historical price data.

The indicator gives buy and sell signals in the form of arrows. A green arrow signifies a buy signal, while a red arrow signifies a sell signal.

Moving Average Indicator

The Moving Average indicator used in this strategy is the Exponential Moving Average (EMA). The EMA is the most popular indicator in Forex trading. The moving average is a line on the chart that shows the average price of a currency pair over a specified period. The EMA is calculated using a formula that gives more weight to recent price data.

Setting Up Trading View Platform

To set up the Trading View platform for this Forex strategy, follow these steps:

Step 1: Add Lorenzian Classification Indicator

– Click on the Indicators tab on the Trading View platform
– In the search bar, type Lorenzian Classification, and click on the indicator
– The indicator will appear on the chart
– Click on the settings icon to configure the indicator settings
– Uncheck the “labels” and “tables” options

Step 2: Add Moving Average Indicator

– Click on the Indicators tab on the Trading View platform
– In the search bar, type Exponential Moving Average, and click on the indicator
– The indicator will appear on the chart
– Click on the settings icon to configure the indicator settings
– Set the length to 200

Using the Forex Strategy

Now that the indicators have been set up, it’s time to use the Forex strategy. Here are the steps to follow:

Step 1: Choose a Currency Pair

Select the currency pair you wish to trade on the Trading View platform. The most popular currency pairs are EUR/USD, GBP/USD, and USD/JPY.

Step 2: Choose a Timeframe

The most common timeframe for scalping using this Forex strategy is 15 minutes. However, you can use it on a 5-minute timeframe, or even on a 30-minute or 1-hour timeframe.

Step 3: Look for Buy and Sell Signals

Watch out for the buy and sell signals given by the Lorenzian Classification Indicator. A green arrow indicates a buy signal, while a red arrow indicates a sell signal.

Step 4: Place the Trade

When you get a buy or sell signal, head on to your Forex broker account, such as InstaForex, MT4, and place the trade.

Conclusion

Using the Trading View platform combined with the Lorenzian Classification AI indicator and Moving Average indicator is a powerful scalping strategy that can help you make profitable trades. By following the steps highlighted in this article, you’ll be on your way to achieving your Forex trading goals.