The speaker aims to help viewers achieve financial freedom and avoid fake investment scams. They will demonstrate effective Trading View indicators in a series of five videos. They recommend the “Order Blocks with Signals” indicator by Sonar Lab, which can be used to find effective trading opportunities. The indicator is demonstrated on a 15-minute time frame with a focus on body size and nearby liquidity as crucial indicators for trading opportunities. Viewers are advised to subscribe if the indicator works for them.
How to Identify Effective Order Blocks with Signals: The Ultimate Guide to Trading View Indicators
Introduction: The Importance of Financial Freedom and Awareness in Trading
As an anonymous YouTube channel, our main goal is to help everyone achieve financial freedom and avoid common mistakes like fake investment and account management fraud. We believe in educating people about the financial market, and our approach is to provide effective indicators that can help traders navigate the market with ease.
Part 1: Overview of the Best Trading View Indicators
In this video, we will be discussing the 20 best Trading View indicators that we believe are the most effective in the market. As there are so many indicators to cover, we will be splitting this into five parts, each highlighting two to one indicator until we finish them all. Our goal is to give you the most efficient indicators that we have tested and that we are confident in.
Part 2: Understanding Order Blocks and Signals
One of the most essential indicators that we will cover is order blocks with signals. We believe that order blocks are more effective than most people expect in the market. Most people struggle to spot real order blocks, which can lead to misjudgments and lost trades. However, with the right indicator, spotting the right order blocks can be made easy.
Part 3: How to Spot Effective Order Blocks with Signals
To start using order blocks with signals, open Trading View, head over to the indicator section, and search for “order blocks with signals” by Sonalab. This indicator is highly effective and will help you spot the right order blocks in the market. It is recommended to mark it as a favorite for easy access.
Part 4: Back Testing the Effectiveness of Order Blocks with Signals
To test the effectiveness of order blocks with signals, we suggest using a 15-minute time frame for backtesting. Start with a specific price range and observe how the indicator responds. If the indicator works, mark the upper and lower order block to find the best buying and selling opportunities. Always consider the nearby liquidity for maximum effectiveness.
Part 5: Conclusion and Final Thoughts
Using indicators can be the shortcut that many traders need to succeed in the market. However, it is crucial to keep in mind that no indicator is 100% effective. We suggest using a combination of different indicators to increase the chances of success. Remember to always use indicators in conjunction with thorough research and analysis. With practice, patience, and the right tools, financial freedom can be achieved by anyone.