Learn about a powerful trading system that can turn you into a top one percent trader in this video. The system utilizes Pivot Point Super Trend, Stochastic Heat Map, and Volume Based Support Resistance zones. The video explains how to modify the inputs and choose the appropriate colors for the indicators. The trading system works by visually showing the bullish and bearish crosses in different time frames, which indicates a possible reversal. The Super Trend Pivot Point confirms the signal, and traders can set their stop loss and take profits using the support and resistance indicator. The video also introduces the Breakout Probability indicator, which helps to confirm the trade’s accuracy. Finally, the video emphasizes the importance of dividing take profits to maximize profits.
A Powerful Trading System to Make You a Top One Percent Trader: Introduction
Are you tired of feeling lost and confused when it comes to trading? Do you wish you had a reliable system that could guide you to becoming a successful trader? Look no further, because in this video, we will be introducing you to a powerful trading system that has the potential to turn you into a top one percent trader.
Indicators Needed for the Trading System
In this section, we will be explaining the three indicators needed for the trading system:
1. Pivot Point Super Trend: This indicator is based on pivot points and is really very good. To modify the indicator, we change the Pivot Point period from two to three, the ATR factor from 3 to 2.8, and the ATR period from 10 to 8. We leave the style by default.
2. Stochastic Heat Map: This indicator shows us visually how the stochastics have developed in different time frames. We make some modifications to the moving average, increment, smooth fast, smooth slow, and plot number. We also change the color and thickness of the lines.
3. Volume-Based Support Resistance Zones: This indicator shows us where we should consider the take profit. We modify its inputs to change the volume ma threshold and the number of zones back. We also choose a different color for each time frame.
How the Trading System Works
In this section, we will be explaining how the trading system works:
1. Hide the support and resistance indicator because we will only use it to mark our take profits.
2. Use the stochastic heat map indicator to confirm a possible reversal. When there are many bullish crosses at the bottom of the indicator, it means a possible reversal. When there are many bearish crosses in the upper zone, it means a possible reversal.
3. Use the super trend pivot point indicator to take a trade. It shows us visually where we can take a trade. We take a long trade when the super trend pivot point signal appears.
4. Set the stop loss of the buy signal label and set our take profit by considering the last three important maximum points to place partial take profits.
5. Use the breakout probability indicator to know if the trade is more accurate. By the time we have the signal, we verify that our indicator shows us more percentage towards our favor than against.
Conclusion
In this video, we have introduced you to a powerful trading system that has the potential to turn you into a top one percent trader. We have explained the three indicators needed for the trading system and how the trading system works. Remember to divide your take profit to get the maximum benefit from the market. If you have learned something new in this video, feel free to subscribe to the channel and like the video. Happy trading!