iamOG XO
Learn about a life-changing trading indicator that helped the speaker get funded with their first fund. The Supply Demand Zone indicator helps find supply and demand in the market. The Session indicator is used to customize time frames and help with trading sessions. The AVG indicator shows one-hour averages on shorter time frames. EMA 200 is used to help determine market biases. The ATR indicator shows volatility in price on each Candlestick. Full details on the speaker’s trading strategies can be found in the next video.
My Secret First Trading Sculpting Indicator:
The Tools That Changed My Trading Game
Introduction:
Trading in the financial market requires a great deal of knowledge, experience, and tools. With the right set of tools at your disposal, trading can become much more efficient and productive. In this article, I will discuss my secret first trading sculpting indicator that has revolutionized the way I approach the markets. This indicator has been a game-changer for me, and I’m excited to share it with you in the hope that it will help you as well.
The Supply Demand Zone Indicator:
The first indicator that I use is called the Supply Demand Zone Indicator. This indicator helps me find supply and demand zones in the market. To use this indicator, go to the indicators section, and search for Supply Demand. The Supply Demand Zone indicator by Bitcoin Jesus is the one that I use, and it has 1264 favorites or users.
When you add this indicator to your chart, click on the wheel tool, and customize it to your preference. I prefer to use the bullish candlestick with blue color and the bearish candlestick with yellow color. The blue indicates a bullish momentum, while the yellow indicates a bearish momentum. This tool is incredibly helpful in finding supply and demand zones in the market effortlessly.
The Session Indicator:
The next indicator that I use is the Session Indicator. This indicator shows the different sessions in the market, such as the Asian, London, and New York sessions. To add this indicator to your chart, go to the indicators section, and search for Session. The Session indicator by plain session works best for me.
When you add this indicator to your chart, customize it to your preference. I usually turn off the Asian section and turn on the London and New York sessions, as those are the sessions that I trade the most.
The AVG Indicator:
The AVG Indicator, also known as the Moving Average Indicator, is the next tool that I use. This indicator helps me point out my one-hour averages on my three-minute and five-minute timeframes. To add this indicator to your chart, go to the indicators section, and search for AVG. The AVG indicator by Nephew Sam company is the one that I use, and it has 2822 users or likes.
I didn’t do any settings on this indicator. I just let it run, and it shows me my one-hour averages on my chart. However, I recently discovered that you can turn on the 15 minutes every day feature, which is interesting. Initially, I only turned on the one-hour AVG to help me point out my one-hour averages when I go to lower timeframes.
The EMA 200 Indicator:
The EMA 200 Indicator, also known as the Exponential Moving Average line, is the fourth tool that I use. This indicator helps me gauge the market bias. When the price is above the EMA 200 line, I know it’s a buying phase, and when the price is below the EMA 200 line, I know it’s a selling phase.
I don’t always use this tool, but I turn it on when I want to see the market bias. To add this indicator to your chart, go to the indicators section, and search for EMA. The EMA 200 is the one that I use the most.
The ATR Indicator:
The ATR Indicator, also known as the Average True Range, is the fifth tool that I use. This indicator helps me gauge the volatility and price on each candlestick. To add this indicator to your chart, go to the indicators section, and search for ATR.
Conclusion:
In conclusion, these tools have helped me become more effective and efficient in my trading. I hope that they will help you in your trading journey as well. Remember to customize each tool to your preference and use them wisely. With the right set of tools, traders can make the most out of their trading strategies and achieve their financial goals.
