Power of Trading
Joey shares a unique trading strategy combining Super Trend Parabolic SAR and MACD with buy and sell signals. He shows examples of trades and how to install the indicator. Using this indicator may not result in a good winning ratio but can offer good profit ratios. Joey recommends using a good trading platform and thanks viewers for their support.
A Unique Trading Strategy: Combine Super Trend Parabolic SAR and MACD with Buy Sell Signal
Introduction
In this video, we will be discussing a very unique trading strategy. We will be combining the Super Trend Parabolic SAR and MACD with buy sell signal. Additionally, we will be testing this indicator multiple times to see how it works in the market. Stay tuned to learn how to use this indicator.
Executing Trades
To execute a buy trade, you need to look for a buy arrow in the market. Once you have identified the buy arrow, you need to look at your second condition, which is MACD indicator being gray or sky color. If these two conditions coincide with Super Trend indicator being of sky color, you can execute your buy trade.
For setting stop loss, you need to set it below the by arrow, and for the target of profit book, you need to wait for the next sell signal. Similarly, for executing another trade, you need to set stop loss below the by arrow and wait for the next sell signal to book a profit.
Sell Signals
For sell signals, you need to look for a red color Super Trend indicator with a red color arrow. Additionally, the MACD indicator should also be of red color. Once the conditions are met, you can execute your trade and set your stop loss above the red arrow. When the buy signal appears in the market, you can book your profit.
Installing the Indicator
Before doing the live test, let me show you how to install this indicator in Trading View. Firstly, you need to search for the SSL Hybrid Indicator and the QQE Mod Indicator. Once you have installed the indicator, you can test it on some trades to see the results.
Winning Ratio and Profit Ratio
Using this indicator may not guarantee a good winning ratio, but it will certainly give you a good profit ratio. The reason being, whenever you receive a signal from this indicator, your stop loss is small, resulting in a better profit ratio. If you use this indicator for 15 minutes, you may receive a winning ratio of around 50 to 55%. However, the profit ratio will be much better.
Trading Platform
To use this indicator, you need a good trading platform, the link to which, I have provided in the description below. With that said, let’s move onto the conclusion.
Conclusion
We hope you liked this video and found it informative. Our super trend parabolic SAR and MACD indicator with buy sell signal is a unique trading strategy that can help you make profits in the market. Keep in mind that you may not get a good winning ratio, but you can certainly get a good profit ratio using this indicator. Press the bell icon on the YouTube app to get notifications on our future trading videos. Thanks for watching!
