Discover a powerful trading indicator for price action that helps avoid false entries. Suitable for any market with high liquidity. Learn to trade like a pro.

The Most Advanced Trading View Indicator Ever Created: A Comprehensive Guide to Price Action and Magic Indicators

Introduction

Welcome back to my YouTube channel! Today, I am excited to introduce to you the most advanced trading view indicator ever created. In this video, we will explore how to back test a strategy using powerful indicators that can help you avoid false entries in trading. Whether you are a beginner or an experienced trader, these indicators are sure to help you improve your trading performance. So sit back, relax, and get ready to discover the secrets of successful trading with the help of these magic indicators and price action strategies.

Our Mission

At Secret Strategies, our mission is to empower traders like you to achieve profitability in the markets. We understand that trading can be a challenging and complex task, which is why we are dedicated to providing you with the tools and strategies you need to succeed. So don’t forget to like and subscribe for more great trading strategies and tips. This method works for Forex, cryptocurrency, stocks, and any other market that has a high level of liquidity. It shows excellent results on shorter time frames such as one minute and five minutes.

Building the Indicator Setup

Before we start, be sure to click the like button on this video and subscribe to Secret Strategies. Our mission with this channel is to turn you into a successful trader as fast as possible. So, how can we build this indicator setup?

On this day, we are going to see a strategy with bull bear candle percent, an extremely easy strategy with which you can obtain very fast and profitable results. I am sure that when you see how the strategy works, you will realize that the bull bear candle percent gives us an incredible advantage. We decided to give back to the community and share the secret strategy with you for free so that you can make good and consistent profits from trading.

Trading Tools

The green and red line indicator that we see in the chart is called the on ATR Trend bands indicator. The indicator is bottom bowl and bear colored. We call it the Bold bear candle percent indicator.

Trading Setup

First of all, we will search ATR Trend bands indicator in the search box of Trading View. After that, we have to click on ATR Trend bands by fonter Amazon in which we have to change some setting. We have to change this length ATR option from 5 to 4. We have to change this multiplier ATR option from 7.6 to 7. We have to keep these options hide.

After that, we have to apply another indicator on the chart. We will search Bold bear candle percent oscillator in the search box of Trading View. After that, we have to click on Bold bear candle percent oscillator by Soul collector option, in which we have to change some setting. We have to change the sample length option from 21 to 4.

Now our setup is ready. If you get to learn something new on our channel, then do subscribe to our YouTube channel.

How to Use the Trading Setups

When the ATR Trend indicator gives us a buy signal, the bull bear candle oscillator should be green color bull above the zero line. The trend bands indicator should be green bullish zone. When the market forms a bullish candle, if this condition is fulfilled, then we will place by order. Our stop loss is to be placed at the low of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. If the market hits the target, then our trade is profitable.

Similarly, when the ATR Trend indicator gives us a sell signal, the bull bear candle oscillator should be red-colored bear below the zero line. The trend bands indicator should be red bearish zone. When the market forms a bearish candle, if this condition is fulfilled, then we will place a sell order. Our stop loss is to be placed at the high of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. If the market hits the target, then our trade is profitable.

Examples of Trades

Let’s see some examples of trades. Here the ATR Trend indicator gives us a buy signal. The bull bear candle oscillator is green color bull above the zero line, and the trend bands indicator is green bullish zone. The market has made a bullish candle to give confirmation, so all our conditions are being fulfilled. So, we are placing an order to buy. Our stop loss is to be placed at the low of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. Let’s see what happens to our trade. Our trade is running in profit, and we have won the trade.

On the five-minute time frame chart, we open the Tesla 5-minute chart. Here the ATR Trend indicator gives us a sell signal. The bull bear candle oscillator is red-colored bear below the zero line, and the trend bands indicator is red bearish zone. The market has made a bearish candle to give confirmation, so all our conditions are being fulfilled. So, we are placing a sell order. Our stop loss is to be placed at the high of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. Let’s see what happens to our trade. Our trade is running in profit, and we have won the trade.

Let’s find the next trade. We have got the signal here. The ATR Trend indicator gives us a buy signal. The bull bear candle oscillator is green color bull above the zero line, and the trend bands indicator is green bullish zone. The market has made a bullish candle to give confirmation, so all our conditions are being fulfilled. So, we are placing an order to buy. Our stop loss is to be placed at the low of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. Let’s see what happens to our trade. Our trade is running in profit, and we have won the trade.

We have got the signal here. The ATR Trend indicator gives us a sell signal. The bull bear candle oscillator is red-colored bear below the zero line, and the trend bands indicator is red bearish zone. The market has made a bearish candle to give confirmation, so all our conditions are being fulfilled. So, we are placing a sell order. Our stop loss is to be placed at the high of the previous market, and the risk-to-reward ratio will be 1 is to 1.5. Let’s see what happens to our trade. Our trade is running in profit, and we have won the trade.

Conclusion

I hope you have enjoyed this video on the most advanced trading view indicator ever created. We have explored how to back test a strategy using powerful indicators that can help you improve your trading performance. We have shown you examples of how to use the trading setups and how to apply the risk-to-reward ratio. If you are new to our YouTube channel, then please subscribe. Thank you for watching our video, and see you in the next one!

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