Trade Beta
Learn a trading strategy that helped a trader scale their account to $100,000. The strategy involves using the Momentum-based Zig Zag, the STD filtered, N pole Gaussian filter by loxx, and the squeeze momentum indicator by Lazybear. The trader explains how to use these indicators and the exact settings in this video. They also discuss risk management techniques and provide examples of valid buy and sell positions. The trader splits their total risk into two and opens two trades to manage risk. They also set fixed profit levels and use recent swing lows identified by the Zig Zag indicator as their level of stop-loss.
Revolutionize Your Trading Game: My $100,000 Strategy Revealed
– Introduction
Are you tired of losing money in the markets? Do you want to take your trading to the next level? If so, you’re in luck. In this article, we’ll reveal the exact strategy used to scale up an account to an astounding $100,000. We’ll go over every detail of this incredible strategy, including the precise indicators, settings, and risk management techniques used. So, get ready to revolutionize your trading game forever – you don’t want to miss a single moment of this article.
– Using Tradingview.com
Let’s start by moving over to the popular trading website – tradingview.com. This strategy can be used on various pairs and cryptocurrencies, but for demonstration purposes, we will be using the Australian dollar and Japanese yen. It is important to note that this strategy works best on smaller time frames.
– Adding the Momentum-based Zig Zag with QQE NON REPAINTING
The first indicator to add to your charts is the Momentum-based Zig Zag with QQE NON REPAINTING by Peter O. This is one of the best zigzag hunters since it is highly accurate and absolutely non-repainting, unlike other zigzag indicators on TradingView.
– Importance of Following the Market
It’s crucial to follow the market closely, whether it’s on MACD, or a single-line moving average. It’s always better to follow the market and notice reversals as soon as possible. Once the market reverses, ZigZag lines can be printed.
– Adding Momentum Indicators
To reveal a winning strategy using this indicator, you’ll need to add momentum indicators to your chart. Look for the STD filtered N pole Gaussian filter by loxx and the squeeze momentum indicator from community scripts by Lazybear. Follow the exact presets that were created.
– Modification to Squeeze Momentum Indicator
To catch high-winning trades, it’s essential to add two white lines to the squeeze momentum indicator. Adjust the first line to 0.1 and the second line to -0.1. These lines help identify overstretched momentum.
– Buy and Sell Entry Points
For a valid buy position, wait for the squeeze momentum indicator to close below the lower line, followed by a red zigzag line, then the STD filtered Gaussian pole turning green. Open the trade at the close of the trigger candlestick. The opposite is true for a valid sell entry.
– Setting Stop Loss and Take Profit Levels
The recent swing high identified by the zigzag indicator is usually used for stop loss levels. Depending on the trading pair, take profit levels can vary. For the AUDJPY pair, it’s often two times the risk. Split your total risk into two trades, and exit trades based on the STD filtered indicator and zigzag line reversal.
– Conclusion
This strategy has been successful and has the potential for high winnings. You can use a risk management system that works best for you to give you an edge in the market. By following this strategy, you can stop losing money and start revolutionizing your trading game!
