Learn a magic trading strategy that can give you up to 100% profit using TradingView platform with GBP/JPY pair on a 15 minute time frame. Use three specific indicators to identify buy and sell signals, and set stop-loss and take-profit. The strategy involves entering a buy trade when the market is above the 200 EMA line and a sell trade when the market is below the 200 EMA line, combined with specific signals from the aforementioned indicators. Apply these settings and easily make profits.
A Magic Trading Strategy: Making a 100% Profit on GBP JPY Pair
Trading is not an easy game, and one needs a robust and efficient strategy to make a profit. In this article, we are going to talk about a magic trading strategy that has proven to be a game-changer for many traders.
Using Trading View Platform
When it comes to trading, the platform you choose plays a vital role in your success. This strategy uses Trading View as the preferred platform because of its features, ease of use and popularity among traders.
Picking a Currency Pair and Time Frame
The GBP JPY pair is used as the example pair for this strategy, but you can use any pair you prefer. The recommended time frame for this strategy is 15 minutes because it provides enough data to make informed decisions.
The Three Indicators
There are three indicators you need to make a profit with this magic trading strategy. These indicators are the Super Trend, SD Central Pivot, and My D Plus SMH1 with Strategy.
Using Super Trend Indicator
The Super Trend indicator gives the buy and sell signals. To add it to your chart, click on “Super Trend,” and it will appear on your chat. No additional settings are required for this indicator to work correctly.
Using SD Central Pivot
The SD Central Pivot indicator works as support and resistance levels. Add it to your chat by typing “SD Central Pivot,” clicking on the “daily weekly monthly” option, and then clicking “OK.” Ensure that the number of daily CPR back is hungry in the inputs setting.
Using My D Plus SMH1 with Strategy
This indicator requires no additional settings. Type “My D Plus SMH1 with Strategy,” click on the one in your chat, and it will appear on your chart.
Entering Trades Using This Strategy
To enter a Buy trade, ensure the market is above the 200 EMA line and that the line is green. Check for a Buy signal, and wait for the market to reach the support line. The market must be rejected at that level before entering a Buy trade. Your stop loss goes below the CPR, and take profit should be set to what you prefer.
To enter a Sell trade, ensure the market is below the 200 EMA line, and that the line is red. Look for a Sell signal and wait for the market to reach our resistance line. The market must be rejected at that level before entering a Sell trade. Your stop loss goes above the CPR, and take profit should be set to what you prefer.
Conclusion
This strategy has proven to be a magic strategy for many traders as it has helped them make a 100% profit. As you use it, take note of market conditions, and exercise due diligence to stay ahead of the game. Feel free to drop a comment below and tell us what you think about this strategy.