The video discusses a trading indicator that can help determine when to buy and sell. It works by calculating volume and predicting trends. The indicator is not 100% accurate and there is always risk involved in trading. The video provides step-by-step instructions on how to use the indicator, including when to open and close trades. It can be used on any pair or currency. Following the rules and paying attention to the green star and volume signal can lead to successful trades.

Using trading indicators to Make Profitable Trades: A Guide

Introduction

In this video, we will be discussing an important aspect of trading that many traders overlook – trading indicators. Specifically, we will focus on an indicator that can help you determine when to buy and sell in the market. While no indicator can predict the market with 100% accuracy, this particular indicator has a high success rate, making it a valuable tool in your trading arsenal.

The Myth of Non-Repainting Indicators

Before we delve into the indicator itself, it’s crucial to address an essential aspect of trading – non-repainting indicators. Some traders claim that non-repainting indicators are the holy grail of trading since they give an accurate prediction of the market. However, this is a myth. No indicator can predict the market with complete accuracy, and non-repainting indicators do not exist. Anyone claiming to have such an indicator is likely a liar or scam artist preying on naïve traders.

An Introduction to Our Trading Indicator

Now that we have established the myth of non-repainting indicators, let’s discuss the particular indicator we’ll be examining in this article. This indicator uses a mathematical algorithm to calculate the volume of trades in the market and predicts the point at which most traders are buying or selling. This information is then used to determine when to open or close trades.

Using the Indicator: Step-by-Step Guide

This trading indicator is particularly useful for those who prefer manual trading. Here’s how to use it:

Step 1: Look for the Star

The first step is to identify when the star appears on the chart. The star indicates a change in the market direction, and it’s crucial to wait for the next candle to confirm the market’s direction.

Step 2: Wait for the Red Line

Once the star appears, wait for the red line to touch one of the other lines on the chart. This indicates the precise point when most traders are either buying or selling.

Step 3: Open the Order

Once the red line touches one of the other lines and the star appears, open the order on the next candle. This ensures that you don’t enter the market too early or too late.

Step 4: Close the Order

There are two ways to close the order, depending on the type of star that appears. If a small star appears, you can close the order on the opposite signal. If a big green star appears, you can close all the orders you’ve opened since the previous green star, taking the profit that you’ve made.

Using the Trading Indicator on Any Pair

One of the most significant advantages of this indicator is that it can be used on any currency pair, indices, or commodities, such as gold. Whether you’re a beginner or a seasoned trader, this indicator is an excellent tool for identifying market direction and making profitable trades.

Understanding the Risks Involved

It’s worth remembering that trading always involves risk, and there are no guarantees in the market. Even with this indicator, there’s always the chance of the market moving in the opposite direction, leading to losses. It’s essential to be prepared for these situations and have a strategy in place to minimize losses and maximize profits.

The Bottom Line

In conclusion, trading indicators can be useful tools in making profitable trades, but they’re not a guarantee of success. It’s essential to use them in conjunction with sound trading strategies and risk-management techniques. The trading indicator we’ve discussed in this video is just one of many indicators available to traders, and we encourage investors to explore different options to find what works best for them. Happy trading!

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