Magic Indicator Strategies
The video introduces advanced technical indicators on the TradingView platform for effective trading strategies in all markets. Trader Edge app is recommended for backtesting and strategy building. The supply and demand visible range indicator highlights potential buying and selling zones. The Big Guy indicator shows interest in buying securities. The Change of Volatility indicator confirms the Big Guy signals, and the False Breakout indicator finds reversal patterns for selling. The video recommends paper trading to gain confidence before trading live.
Introduction to Magic Indicator Strategies
– The Most Advanced and Futuristic Technical Indicators
– Highly Accurate Trading Signals
– Effective in Range Markets
– Suitable for All Markets Including Crypto, Stocks, and Forex
– Recommended Time Frames: 5, 15, and 30 Minutes
Why Back Testing is Essential for Successful Trading
– Introduction to Trader Edge App
– Benefits of Back Testing
– Free Back Testing Guide and Premium Course Offer
Using Supply and Demand Visible Range Indicator to Identify Potential Reversals
– How to Add the Indicator to Your Chart
– Key Levels of Buying and Selling Interest
– Adjusting the Zones Based on Trader’s Preferences
– Buying Opportunities When Price Approaches Demand Zone
Utilizing the Big Guy Indicator for Buying Signals
– Importance of the Big Guy Indicator in Trading
– How to Access the Private Script
– Signal Validity Rules
Confirming Trading Signals with Change of Volatility Indicator
– Understanding Market Participants’ Activity
– Confirming Big Guy Signals
Putting it all Together: Simple trading strategy for Buying Trade
– Using Supply and Demand Visible Range, Big Guy, and Change of Volatility Indicators to Enter Long Trade
– Adjusting Stop Loss and Target for Maximum Profit
Applying the Strategy to Short Trades
– Using False Breakout Indicator by Zyerman for Sell Signals
– Confirming Signals with Volatility Indicator
– Adjusting Stop Loss and Target for Maximum Profit
Conclusion and Future Content
– Importance of Testing Strategies
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