Flames in Trading claims to have found an effective trading strategy that involves an indicator called Breakout Probability, which predicts the price of the market in the near future by analyzing candlesticks. The strategy requires the use of two other indicators – MACD Plus 200 SMS and Support and Resistance Dynamic Version 2 – to follow a trend and find optimal entries based on price breakouts. The video provides detailed entry rules for both buy and sell trades and stresses the importance of risk management through backtesting and appropriate risk management measures.

A Powerful Trading Indicator to Grow Your Portfolio: Breakout Probability
Finding the Perfect Trade Using Breakout Probability Indicator
Adding the Indicator to Your Chart
Understanding the Function of Breakout Probability Indicator
Building a Full Trading Strategy with Breakout Probability
Indicator 2: MACD Plus 200 SMS Strategy
Indicator 3: Support and Resistance Dynamic Version 2
The Entry Rules for A Buy Trade
Entering Long Trades with the Perfect Entry Point and Optimal Risk Management
The Exit Rules for A Sell Trade
Implementing Risk Management with Backtesting Using the Trader Edge App
Gaining Long-Term Success in Trading with Effective Risk Management
Conclusion and Final Thoughts

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