Learn about the most accurate buy-sell indicator on TradingView, tested 100 times with an 87% win rate. Use mobile bands and 200 exponential moving average indicators. Join the mk4x Edge channel for more education and free trading signals. This strategy uses a 1:1.5 risk-reward ratio and has a maximum drawdown of 6%. This video is for educational purposes only and not financial advice. Support the channel by subscribing and joining the free Telegram group.
The Most Accurate Buy Sell Indicator on Trading View: An In-Depth Analysis
Introduction: Welcome to mk4x Edge
To ensure that you don’t miss any of our upcoming videos, don’t forget to click on the subscribe button below. By subscribing, you’ll receive notifications whenever we upload new content. In addition to subscribing, you can also join our free Telegram channel to receive free education and trading signals.
Indicator Overview: Mobile Bands and Exponential Moving Average 200
In this video, we will be discussing the most accurate buy sell indicator on Trading View. To do this, we will be using two indicators: mobile bands and exponential moving average 200.
Installing the Indicator: A Step-By-Step Guide
To install these indicators, go to tradingview.com and choose a currency pair, setting the timeframe to one hour. Next, click on indicators and search for mobile bands, clicking on it once you find it. After this, search for exponential moving average and adjust the input length to 200. These steps will result in a chart that looks like the one we’ll be using throughout this video.
trading strategy: Buy and Sell Transactions
When there is a buy signal on the mobile bands indicator and the chart is above the 200 moving average, it’s time to go for a buy trade. Conversely, when there is a sell signal on the mobile bands indicator and the chart is below the 200 moving average, we should go for a sell transaction. To set up the trades, we recommend using a 1:1.5 risk to reward ratio.
Trade Examples: Two Different Scenarios
In the first trade example, the chart is above the 200 moving average and there is a buy signal on the mobile bands indicator. We recommend setting the stop loss at the last low of the market and the take profit at 1.5 times the stop loss. Following this setup, we can see that the trade paid off, hitting the take profit.
In the second trade example, we see a sell signal on the mobile bands indicator while the chart is below the 200 moving average. We recommend setting the stop loss at the last high of the market and the take profit at 1.5 times the stop loss. This setup also paid off, hitting the take profit.
Conclusion: Final Thoughts on the Indicator
In conclusion, the mobile bands and exponential moving average 200 indicators used in this video provide one of the most accurate buy sell signals on Trading View. Additionally, utilizing the trading strategy we’ve discussed can reduce drawdown to only six percent, making it an attractive choice for traders.
Disclaimer: Remember that this video is for educational purposes only and is not a financial advice. We cannot be held responsible for any losses or gains that result from following this trading strategy. If you’re interested in further education or trading signals, don’t forget to join our free Telegram group.