This video provides a profitable trading strategy using three indicators: Boomi Absolute, Trend Follower, and Mits Bahaji. It can be used for currency, stock, and crypto markets. The conditions for buying and selling are explained with examples, and the risk to reward ratio is 1:1.5. It is a high probability trend following indicator that works in combination with price action. Traders are asked to like, subscribe, and turn on notifications for more videos.
The Most Profitable Trading Strategy: Using Trend Follower and Boomi Absolute Indicators
Introduction
– Thanks to viewers for joining and welcome to both new and long-time traders
– Discussing Boomi Absolute and Trend Follower indicators and their use in trading
– Will cover how setting the indicators correctly can increase accuracy
– Like and subscribe for more videos and turn on notifications for new content
– This strategy can be used for currency, stock, and crypto trading
The Best Indicator for Trend Following in Financial Markets
– Trend following indicators measure direction and strength of trends in chosen time frame
– MACD is widely used and signals momentum of stock
– Profitable and powerful strategy when used properly
Trading Tools
– Mix Bahaji, Boomi Absolute, and Trend Follower indicators
– Will explain how they are used in the trading setup
Trading Setup
– When Boomi Absolute gives a buy signal and market forms a bullish candle, Trend Follower should be green
– Place buy order with stop loss at Mix Bahaji indicator line and risk-to-reward ratio of 1:1.5
– After buy, take sell trade even if only other buy signal appears
– When Boomi Absolute gives a sell signal and market forms a bearish candle, Trend Follower should be red
– Place sell order with stop loss at Mix Bahaji indicator line and risk-to-reward ratio of 1:1.5
Examples of Trades
– GBP NCD chart used with 15-minute timeframe
– Sell signal seen with Boomi Absolute, bearish candle confirms, and Trend Follower is red
– Placed sell order with stop loss at Mix Bahaji indicator line and risk-to-reward ratio of 1:1.5
– Trade is profitable and won
– Repeat process for other trades, alternating between buying and selling
– All trades profitable
Making the Setup
– Apply Mix Bahaji indicator to chart and hide some options
– Apply Boomi Absolute indicator to chart and adjust settings
Conclusion
– This strategy is simple and profitable
– Use Trend Follower and Boomi Absolute indicators for accurate trading
– Can be used across various asset types
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