“”Welcome back to Magic indicator strategies Channel today we will see a concept of how to see the market it is not just a strategy but a way to understand the market and act accordingly to what we see in the market we are going to see how we can trade Order blocks mitigation blocks and fair value gaps which is one of the most complicated topics for beginners of smart money concept and it is for this reason that I am going to show you the right indicators that will help you to understand these smart money concept Concepts much better Okay now let’s start with the first indicator it is called ICT fair value Gap created by LML so we add it to our chart we leave it by default but in its configuration we can see that where it says box count we can modify this number This helps us to know the last gaps that the market has had in this case it says 5 so it will show us the last five fair value gaps that the market has had if we modify it to 10 it will show us the last 10 gaps as I am showing you This will depend on how you want to create your strategy and how you like it in this video we leave it on default because that’s how it works well okay so do you know what a fair value Gap is fair value gaps are when impulse movements create an imbalance in price Leaving unfilled orders they are popular because after one is created we often observe price return to fill these unfilled orders as we can see in the image the range of the Gap is considered from the close of the previous candle to the close or start of the next candle whichever is Closer to the close of the previous candle okay so let’s see how we apply this indicator to get winning trades we will see some examples and you will see that it is easy to trade with these indicators to open a long trade what we have to Detect is a throwback I leave an image for a few seconds for you to understand what a throwback is then both have to happen at the same time the throwback and the gap then the candles must enter and exit the Gap Zone as we see in the example Once we have these conditions we can open a long trade setting the stop loss lower than the Gap with a take profit with a risk reward ratio of 1.5 okay we saw that it took a little while but the trade Was Won here we see another Example where we could take a long trade remember that the important thing is that the candle enters the Gap and then exits in the direction of our favor okay as we have seen the candles did not respect this condition so we skip this trade and wait for the Market to develop further and get a better signal okay here we see how a valid signal is given so we take a long trade set the stop loss below the Gap with the take profit at 1.5 times the risk let’s see how the trade unfolds we see that it was a winning trade Okay here we see another valid signal so we set the stop loss and take profit we see that it was a winning trade again but the interesting thing is that while this last trade was happening we had more valid signals okay now we will see short signals Basically it’s the same thing only we are looking for the color of the Gap to be read first we have to see the Gap and the pullback happen at the same time I will leave you an image of the pullback so you can better understand this explanation Okay we see that in this signal the Gap and pullback are happening at the same time and we also see that the price entered the Gap and left right there so let’s take a short trade we set the stop loss above the Gap and the take profit also at 1.5 times the risk We await the development of the trade we clearly see that this trade is a winner now that you understand fair value Gap let’s see the next indicator the next indicator is called order block finder so we add it to the Candlestick chart but we’re going to select the one created by wugamlow We will leave it in its default configuration since that way we can detect order blocks so what does this mean order blocks are an area in trading where governments and big institutions would pile up their Forex orders to enter the market or exit existing positions Okay so how are we going to apply this indicator the idea is similar to fair value gaps to take short trades first we need to see the bearish order block signal plus a pullback then we have to wait for the price to return to that area so the price enters The order block and then goes out in our favor this must happen without the price leaving the order Block in the opposite direction but must remain in the order block and turn in our favor as we see in the example so we set the stop loss above the order block and our take Profit is also going to be 1.5 times the risk let’s see how the operation develops he that it took a while for the trade to be a winner but the result was positive we see that within this trade there were more signals but none were valid now we will see another example here’s Another example of taking a long trade the first thing we have to see is the bullish order block plus a throwback once these conditions are met we will take a long trade we set the stop loss below the order block and our take profit 1.5 times the risk We wait to see how the trade develops we see that the trade was a winner although it took a while it was a positive result let’s see another example here is one more example for a short trade we see that first we have a pullback and the Candlestick enters the order block Area but then leaves it we then open a short trade setting the stop loss and the take profit at 1.5 times the risk as we have been doing in previous trades we wait for the development of the trade It’s incredible and we see that he was a winner okay I’m glad you understand so far how to take trades with fair value gaps and Order blocks in a simple and effective way now we will see the best indicator to take trades with smart money Concepts Foreign So let’s add this indicator called smart money Concepts created by Lux allgo this indicator includes many features relevant to smcs such as full internal control and the labeling of The Swinging Market structure in rupture in real time of the structure that is labeled as Bill as character change that is tagged as Chuck order blocks those it can be bearish in bullish equal maximums in minimum fair value detection of gaps previous highs and lows and the discount zones okay so to take trades long or short we are going to enter the market when we see a POS which stands for breakup structure This happens when the price breaks the nearest swing low or swing high after having confirmed the trend for the second or third time in this case we see that it is the second confirmation of a downtrend the first confirmation shows us as see how CH so we take the trade when the candle Ends below this POS we set our stop loss slightly higher than the most recent swing high and our take profit with a risk reward ratio of 1.5 we wait for the operation to unfold it took a while but the result is in our favor winning this trade While we had the last trade we…
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesWelcome back to Magic indicator strategies Channel today we will see a concept of how to see the market it is not just a strategy but a way to understand the market and act accordingly to what we see in the market we are going to see how we can trade Order blocks mitigation blocks and fair value gaps which is one of the most complicated topics for beginners of smart money concept and it is for this reason that I am going to show you the right indicators that will help you to understand these smart money concept Concepts much better Okay now let’s start with the first indicator it is called ICT fair value Gap created by LML so we add it to our chart we leave it by default but in its configuration we can see that where it says box count we can modify this number This helps us to know the last gaps that the market has had in this case it says 5 so it will show us the last five fair value gaps that the market has had if we modify it to 10 it will show us the last 10 gaps as I am showing you This will depend on how you want to create your strategy and how you like it in this video we leave it on default because that’s how it works well okay so do you know what a fair value Gap is fair value gaps are when impulse movements create an imbalance in price Leaving unfilled orders they are popular because after one is created we often observe price return to fill these unfilled orders as we can see in the image the range of the Gap is considered from the close of the previous candle to the close or start of the next candle whichever is Closer to the close of the previous candle okay so let’s see how we apply this indicator to get winning trades we will see some examples and you will see that it is easy to trade with these indicators to open a long trade what we have to Detect is a throwback I leave an image for a few seconds for you to understand what a throwback is then both have to happen at the same time the throwback and the gap then the candles must enter and exit the Gap Zone as we see in the example Once we have these conditions we can open a long trade setting the stop loss lower than the Gap with a take profit with a risk reward ratio of 1.5 okay we saw that it took a little while but the trade Was Won here we see another Example where we could take a long trade remember that the important thing is that the candle enters the Gap and then exits in the direction of our favor okay as we have seen the candles did not respect this condition so we skip this trade and wait for the Market to develop further and get a better signal okay here we see how a valid signal is given so we take a long trade set the stop loss below the Gap with the take profit at 1.5 times the risk let’s see how the trade unfolds we see that it was a winning trade Okay here we see another valid signal so we set the stop loss and take profit we see that it was a winning trade again but the interesting thing is that while this last trade was happening we had more valid signals okay now we will see short signals Basically it’s the same thing only we are looking for the color of the Gap to be read first we have to see the Gap and the pullback happen at the same time I will leave you an image of the pullback so you can better understand this explanation Okay we see that in this signal the Gap and pullback are happening at the same time and we also see that the price entered the Gap and left right there so let’s take a short trade we set the stop loss above the Gap and the take profit also at 1.5 times the risk We await the development of the trade we clearly see that this trade is a winner now that you understand fair value Gap let’s see the next indicator the next indicator is called order block finder so we add it to the Candlestick chart but we’re going to select the one created by wugamlow We will leave it in its default configuration since that way we can detect order blocks so what does this mean order blocks are an area in trading where governments and big institutions would pile up their Forex orders to enter the market or exit existing positions Okay so how are we going to apply this indicator the idea is similar to fair value gaps to take short trades first we need to see the bearish order block signal plus a pullback then we have to wait for the price to return to that area so the price enters The order block and then goes out in our favor this must happen without the price leaving the order Block in the opposite direction but must remain in the order block and turn in our favor as we see in the example so we set the stop loss above the order block and our take Profit is also going to be 1.5 times the risk let’s see how the operation develops he that it took a while for the trade to be a winner but the result was positive we see that within this trade there were more signals but none were valid now we will see another example here’s Another example of taking a long trade the first thing we have to see is the bullish order block plus a throwback once these conditions are met we will take a long trade we set the stop loss below the order block and our take profit 1.5 times the risk We wait to see how the trade develops we see that the trade was a winner although it took a while it was a positive result let’s see another example here is one more example for a short trade we see that first we have a pullback and the Candlestick enters the order block Area but then leaves it we then open a short trade setting the stop loss and the take profit at 1.5 times the risk as we have been doing in previous trades we wait for the development of the trade It’s incredible and we see that he was a winner okay I’m glad you understand so far how to take trades with fair value gaps and Order blocks in a simple and effective way now we will see the best indicator to take trades with smart money Concepts Foreign So let’s add this indicator called smart money Concepts created by Lux allgo this indicator includes many features relevant to smcs such as full internal control and the labeling of The Swinging Market structure in rupture in real time of the structure that is labeled as Bill as character change that is tagged as Chuck order blocks those it can be bearish in bullish equal maximums in minimum fair value detection of gaps previous highs and lows and the discount zones okay so to take trades long or short we are going to enter the market when we see a POS which stands for breakup structure This happens when the price breaks the nearest swing low or swing high after having confirmed the trend for the second or third time in this case we see that it is the second confirmation of a downtrend the first confirmation shows us as see how CH so we take the trade when the candle Ends below this POS we set our stop loss slightly higher than the most recent swing high and our take profit with a risk reward ratio of 1.5 we wait for the operation to unfold it took a while but the result is in our favor winning…