The 95% traders
The video explains how a trader shares his analysis on TradingView, and how he executes his trades on MT5. He shows an example of a gold trade and how he uses pitchforks to identify trends. He entered and exited the trade with a profit, and encourages viewers to follow his channel.
Title: Explaining Live Trading on TradingView and MT5 Platforms – A Detailed Guide
Introduction
– Apology for non-English speaking viewers
– Purpose of the video
– Explanation of published ideas and how they are implemented in live trading
Analysis of Gold Market
– Description of support and resistance trendlines
– Evaluation of how the market reacted to trendlines
– Analysis of breakout and retesting scenario
– Discussion of executed trade and stop loss
Live Trading on MT5 Platform
– Analysis of 13-minute timeframe chart
– Description of pitchfork chart for uptrend motion
– Evaluation of pitchfork as resistance and support
– Explanation of 10-minute timeframe for entries
– Detailed discussion of executed trades and trade trails
Conclusion
– Recap of executed trades
– Invitation to follow the TradingView and Youtube channel
– Final remarks
Introduction
This video is focused on explaining how to implement published ideas on TradingView platform and execute trades on the MT5 platform. The host apologizes to the non-English speaking viewers in advance and goes straight to the purpose of the video. This is to give more insight into published ideas and how they can be used for live trading on the MT5 platform.
Analysis of Gold Market
The host describes the support and resistance trendlines drawn on the chart and evaluates how the market reacted to these trendlines. They explain how the breakout and retesting scenario worked out according to the published idea. The host then discusses the executed trade and stop loss strategy used in this scenario.
Live Trading on MT5 Platform
The host analyzes the 13-minute timeframe chart and explains how a pitchfork chart can be used for uptrend motion. They evaluate how the pitchfork works as resistance and support and how its central line can be used to analyze the market. They explain how the 10-minute timeframe is used for entries and how the executed trades can be trailed.
Conclusion
The host concludes the video by recapping the executed trades and inviting viewers to follow their TradingView and Youtube channel. They offer final remarks about how the implemented trading method aligns with their belief system.
