The speaker shares how to achieve 500% return on a single trade using the SSS indicator on Trading View. Simply look for green lines for Buy Signal and red for short signal.
How I made over 500 percent on a single trade
Making profits in trading can be a daunting task for many, but using the right strategies and tools can help you achieve great success. In this article, we’ll be discussing a simple indicator that helped me make over 500 percent on a single trade – the SSS indicator.
Trading View and the SSS Indicator
The first step in this strategy is to go to Trading View and search for the SSS indicator. Once you’ve found it, you can add it to your trading chart. The SSS indicator is a popular indicator used by many traders to determine the trend direction of a particular asset. The indicator uses three lines – a red line, a green line, and a yellow line to indicate trend direction.
Understanding the SSS Indicator
The green line in the SSS indicator represents the bullish trend, while the red line represents the bearish trend. The yellow line acts as a neutral line, which signals the possibility of a trend reversal. When all the lines are green, it implies a strong bullish trend, and when all the lines are red, it implies a strong bearish trend.
The SSS Indicator Strategy
The SSS indicator strategy is super simple – buy when all the lines are green and sell when all the lines are red. This is a basic strategy that can be used for both long and short trades. When the SSS indicator shows all green lines, it’s a buy signal, and when all the lines are red, it’s a sell signal.
Trade Example
Let’s take a look at a recent trade that I made using the SSS indicator. I was trading the BTC/USD pair and noticed that the SSS indicator had all green lines, indicating a bullish trend. I decided to place a long trade, and within a few hours, the price of BTC had gone up considerably. The SSS indicator still showed all green lines, so I decided to hold my position.
The next day, the price of BTC started to drop, and the SSS indicator showed all red lines, indicating a bearish trend. Since my strategy was to sell when all the lines are red, I decided to close my position and take my profit. To my surprise, I had made over 500 percent profit on my initial investment.
Advantages of using the SSS Indicator
One of the major advantages of using the SSS indicator is that it’s simple to use and understand. Unlike other indicators that use complex algorithms, the SSS indicator is straightforward and easy to interpret. Another advantage is that it can be used on any asset, including stocks, forex, and cryptocurrencies.
Disadvantages of using the SSS Indicator
Although the SSS indicator is a reliable tool, it’s not 100 percent accurate. Market conditions can change rapidly, and the SSS indicator may not always provide accurate signals. Additionally, it’s important to note that using just one indicator may not be sufficient for successful trading. Using other tools and strategies in combination with the SSS indicator can improve your success rate.
Conclusion
In conclusion, using the SSS indicator is a simple and effective strategy that can help you make profitable trades. By understanding how the indicator works and following the basic strategy of buying when all the lines are green and selling when all the lines are red, you can achieve great success in your trading endeavors. Remember to always practice proper risk management and use the SSS indicator in combination with other tools and strategies for optimal results.