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The video discusses the High Kanashi Smoothie indicator and how it works in trading. The strategy involves researching and backtesting for at least 70-80% profitability. The modified indicator works well in major markets like Bitcoin, Euro USD, and SP 500, with a high return on investment. The video provides a cheat sheet for tweaking the indicator settings for different markets. Patience and following the strategy are key to success with the indicator.
The High Connections Method: A Review of the High Kanashi Smoothie Indicator
Introduction: Why Indicators Matter?
Indicators are technical tools used by traders to determine market trends, patterns, and potential price movement. These tools help traders to make informed decisions about when to enter or exit trades, and at what price levels. With hundreds of available indicators in the market, it can be overwhelming for traders to choose the most effective ones to incorporate in their trading strategy. In this article, we will be focusing on the High Connections Method, particularly the High Kanashi Smoothie Indicator, and its effectiveness in determining profitable trades.
What the Indicator Does and How it Works?
The High Kanashi Smoothie Indicator is a modification of the old Hikarnash indicator, which was known for its profitability in daily time frames. The new smooth indicator follows a different pattern, and its main aim is to minimize losses and maximize profits. The indicator is built-in in MT4 and MT5 platforms, making it accessible to most traders.
When the candles are above the High Kanashi line, this is a clear indication of the potential for profits. The indicator’s default settings can be adjusted to suit individual trading strategies, but its simplicity is what makes it a favorite among traders. By using this indicator, the win rate can be increased to around 80% after some basic tweaks have been made.
Testing the Indicator: Backtesting and Rate of Winning
Before using any indicator, it is essential to conduct thorough research on its effectiveness and profitability. Backtesting is a reliable strategy for testing an indicator’s effectiveness on historical data. A good indicator should have a high rate of winning and minimal losses. A rate of winning of 70% and above is considered profitable for any trading indicator.
Testing the High Kanashi Smoothie Indicator on various markets like SP 500, Bitcoin, and Euro USD showed that it has a high return of investment. Additionally, the indicator can be tweaked to fit different trading styles, making it a versatile tool for traders.
Cheat Sheet for Major Markets
For traders who are new to the High Kanashi Smoothie Indicator, a cheat sheet has been provided for major markets with high liquidity, such as the EUR/USD, USD/JPY, EUR/GBP, USD/CAD, EUR/JPY, and AUD/USD. The cheat sheet shows the win rate using the default settings compared to when basic tweaks have been made, making it easier for traders to determine the most profitable settings for the given market.
Conclusion: Using High Kanashi Smoothie Indicator in Trading
The High Connections Method, particularly the High Kanashi Smoothie Indicator, is a powerful tool for traders to determine profitable trades. By following the indicator’s signals and conducting thorough research before trading, traders can minimize potential losses and increase their chances of making profits. The High Kanashi Smoothie Indicator is simple yet effective, and its accessibility makes it a favorite among traders using MT4 and MT5 platforms.
