Soheil PKO
Learn a one-hour trading strategy using three indicators (two CCIs and one super trend) to identify trading opportunities in any market. Enter long positions when the red CCI crosses above the blue CCI and goes above +100 while the super trend is green. Place stop loss below the previous swing low and aim for 1.5 risk to reward ratio. Avoid trading in choppy markets and wait for the price to establish its direction. This trend-following strategy works best in trending markets.
The Ultimate Guide to a Winning Trading Strategy on the One-Hour Time Frame
Introduction: Understanding the Importance of an Accurate Trading Strategy
Trading in financial markets can be tricky and challenging even for experienced traders. Developing a profitable trading strategy is crucial to succeed in the market. In this video, Soil presents an accurate trading strategy that a trader can use on the one-hour time frame. The strategy is easy to implement and requires attention to specific points.
Setting Up the Chart and Indicators
To start with, Soil explains that the trading strategy can work on any asset, market, or instrument, whether it is Forex, crypto, or stock. The first step is to set up the chart on the one-hour time frame. The trader needs to add three indicators, two CCI and one super trend, by following some simple steps. Soil explains that the longer CCI helps to identify the trend direction, while the two CCIs are for discovering trading opportunities.
Using the Super Trend as a Trend Guide
According to Soil, the super trend is a trend guide that helps in identifying the market’s direction. When the super trend is red, the market is in a downtrend, and a trader needs to look for short positions. On the other hand, when the super trend is green, the market is in an uptrend, and a trader needs to look for long positions.
Identifying Trading Opportunities with the CCIs
Soil stresses that traders should use the two CCIs to identify trading opportunities correctly. When the super trend is green, the trader needs to wait for the red CCI to go below -100, which shows the formation of a possible pullback. When the red CCI crosses above the blue CCI and goes above +100, the trader can enter a long position. The trader needs to wait until the candle is closed and the red CCI is fixed above +100 before entering the trade.
Placing Stop Loss and Profit Targets
Soil advises traders to place the stop-loss for a long position below the previous swing low and the profit at a 1.5 risk-to-reward ratio. If a trader is experienced in price action analysis, they can run the trend until they see signs of serious weakening in the price’s advance or use a trading stop to move the stop-loss below each pullback to maximize profits.
Trading Examples on the Chart
Soil provides several examples of trading opportunities on the chart, where traders can enter long positions by following the strategy’s rules. The video explains how the trading strategy filters false signals in a flat market and identifies profitable opportunities in a trending market.
Avoiding Choppy Signals and Flat Markets
Soil stresses that traders should avoid choppy red CCIs on the blue CCI as it indicates a flat market where the price may not trend. In this situation, the trader should stop trading and wait for the market to establish its direction. Additionally, Soil advises traders not to enter trades when the red CCI is above +100 in a flat market, as it may lead to false signals.
Conclusion: Using an Accurate Trading Strategy for Success
Soil concludes the video by summarizing the critical points of the trading strategy on the one-hour time frame. A trader can set up the chart, add three indicators, use the super trend as a trend guide, and use the two CCIs to identify trading opportunities. Traders should place the stop loss and profit targets and avoid choppy signals in flat markets. By following this strategy, traders can achieve success in their trading ventures.
