Learn how to use a trading strategy that made $5,400, without having to reference this specific video: use the Qtrend and Super Trend indicators.
How to Make Money Using the First Signal Strategy
The First Signal strategy is one of the most popular trading strategies used by traders around the world. The strategy is based on two main indicators: the Qtrend and the Super Trend. When used together, these indicators can provide traders with accurate buy and sell signals, allowing them to make profitable trades. In this article, we will explain how you can use the First Signal strategy to make money in the forex market.
What is the First Signal Strategy?
The First Signal strategy is a trading strategy that combines two indicators to provide traders with accurate buy and sell signals. The two indicators used in this strategy are the Qtrend and the Super Trend. The Qtrend is a custom indicator created by Tarasenko, while the Super Trend is an indicator created by Crunchy Earth’s Bill Gates.
Using the Indicator Step to Add Qtrend and Super Trend to Your Chart
To use the First Signal strategy, you need to add the Qtrend and Super Trend indicators to your chart. To do this, go to the indicator step and search for Qtrend. Once you find the indicator, click on it to add it to your chart. Next, search for Super Trend and click on it to add it to your chart.
Changing Your ATR Period and ATR Multiplier
After adding the Qtrend and Super Trend indicators to your chart, you need to change your ATR period and ATR multiplier. To do this, go to the settings for the Qtrend indicator and change your ATR period to 10. Next, change your ATR multiplier by 3. This setup is ready to be used to trade using the First Signal strategy.
The Rules of the First Signal Strategy
Now that you have added the Qtrend and Super Trend indicators to your chart and changed your ATR period and ATR multiplier, you need to know the rules of the First Signal strategy. The rules of this strategy are simple. First, set your time frame to 15 minutes. When you get a sell signal from the Super Trend, you need to confirm it with the Qtrend. If the bar is red, you can enter a short position. Put your stop loss to the recent resistance line and take your profit when you get a buy signal from the Super Trend.
Using the First Signal Strategy to Make Money
Now that you know how to use the First Signal strategy, you can start making money in the forex market. With this strategy, you can enter a trade with a high probability of success. The Qtrend and Super Trend indicators use mathematical calculations to identify trends, allowing you to make educated trades.
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Conclusion
The First Signal strategy is a powerful trading strategy that can help you make money in the forex market. By using two reliable indicators – the Qtrend and Super Trend – you can identify buy and sell signals with a high degree of accuracy. By following the rules of this strategy and using proper risk management techniques, you can make consistent profits in the forex market. So, if you want to start making money as a forex trader, give the First Signal strategy a try and subscribe to our channel for more trading tips and strategies.