I didn't mention also that I followed his rule for not placing an actual stop loss and only taking the loss if a candle closes over the pivot high not just a wick. This caused the results to be better than it would have been if I had tested using a hard stop loss. Thanks for watching! My link to Webull for 2 Free stocks plus trading crypto or stocks: act.webull.com/kol-us/share.html?hl=en&inviteCode=hIUPmYKgMMsS Link to Patreon for some perks and if you want to support the channel: www.patreon.com/bePatron?u=50046981 Link to telegram just for free chatting and sharing ideas: t.me/tradepro12 Link to strategy ranking spreadsheet: docs.google.com/spreadsheets/d/1LQ7lwnvcB5eacK4PxLXnV1mMEIzSxHzD8IZpP2N1oA8/edit?usp=sharing
I have been using a similar strategy the last few weeks and it has been very good for me. The key thing missing here is the need to check the RSI level the next timeframe up. So if going long on say the 1 hour with RSI crossing above/testing 50 line, Stoch RSI crossing from oversold, MACD cross etc, you must also check on the 4 hour that the RSI is also above 50 level. That then makes this golden, especially whe combined with trend lines and support/resistance. I found the MACD can give an added confluence and get a bigger move but it is not essential. The RSI and Stoch RSI work fine.
Thank you for sharing your great work. Many years ago, I traveled 500 miles and paid $500 fee to attend a workshop. I received in return a strategy that entered on a retracement following price impulse. No backtesting results were provided. Only examples of cherry picked trades that looked awesome. After I returned home, I backtested over hundreds of trades and found out that it provided very, very slight edge, but not enough to be worthwhile, in my opinion. Now, I see your channel and find thoroughly backtested strategies showing the good and the bad. And for free. And without having to leave home. Awesome stuff!
hi there, i just wanted to say thank you for all your hard work and knowledge you provide us with. i screen through many channels but i find yours works with me best, the way you describe and show your work is excellent you have helped me ever so much it is appreciated keep up the good work .
There is one good thing in this strategy, and it's about the exit which is done by the market and not a fixed value of 1:2 or 1:1.5... Thanks for another great video.
Trading as a beginner can be very confusing and complex and if not properly guided by an expert, it can result to disastrous losses but with Mr Jacob Gary’s proven strategies, you are assured of your profit always
The problem with most people is they confuse the forex market with a gambling platform and think it’s all about staking money and making profit without learning how it works
I like the way u present, its very good. Nice of the way how u take people's ideas into consideration, hope to see your channel grow. Your job looks pretty intresting
@@businessbro5857 hi TradePro will do when time fits By the way, do you realize that a MACD zero line is a moving average itself If you place a 50period ema and compare the paterns of the chart and the MACD, those that are below or above the 50 ema, is similar to those below or above the MACD zero line. And the distance from the 50 ema is similar to the distance from MACD zero line. Maybe this will help you spot divergence clearer. I still cant find very good use of it, probably u can. Have a gud day
But how do you determine the take profit LIVE ? I don't quite understand that part, here you look at the future for reference but when doing it LIVE you can't know when it will cross again?
The problem with a strat with something like 9 in a row comes in the ability to endure that kind of draw down mentally and account wise. The average trader is going to end up blowing up their account with 9 in a row loss (particularly if those come in the beginning of the cycle vs in a later cycle where there is more profit already booked.
thanks for your hardwork by trying different strategies. I also appreciate the spread sheet showing what you ve tried and the win ratio. I have been into trading a little over a month.....what are a couple pointers you could give me/us? BTW this could be an idea for a vid if you don't have one already, Thanks again brotha
Thanks alot for this review. The original video has a setting for the MACD 8,21 and 5. The 5 is for the MACD length in the Tradingstation platform. As for Tradingview, the third setting is called Signal smoothing. Is the signal smoothing in the Tradingview the samr thing as the MACD length in the Tradingstation?
Hey man, I have a strategy it is done on m1 with 1-3 risk to reward using 200ema and stochastic. The stoc setting is 5,3,3 along with engulfing candles for entry stop above your entry candle 🙏
I appreciate your videos. Do you take support and resistance or Fibonacci levels into account during these tests or during your real trading? Thanks in advance. 👍
Can you do a tutorials on how you set your charts up with how to do stop loss and the like? I am trying to get into this stuff and it would be really helpful! How do you set up the EMA trailing stop loss?
Ah glad you mentioned the fact that combining those indicators is noob level of trading.. When you see stoch macd and rsi on the same chart you can tell it won't go well. You basically get the same signals but you probably get worse entry timing that simply using the macd for instance I'm surprised it even made a profit at all, though 27% minus fees and considering you spend more than a year for that is simply garbage.. And you would need to take into account the exact evolution of the account to have an accurate result because if you'd have say your 9 losing streak at the beginning and be down I don't know, 9% or so on the account, gaining 9% from there won't get you back to break even so yeah anyway you've been very kind with that youtuber to be honest, I'd call him a fraud at best lol
Respectfully disagree. Sorry i have traded this method for a year with excellent results. Stochastics actually provides very accurate entry and exit signals which was evident in the video. Your comment about using the MACD alone for better signals is incorrect. The MACD is a lagging indicator and is not reliable to provide accurate signals consistently.
Fantastic video the major challenge investor face may range from controlling impulsiveness to the frail of compulsion most new bird and would-be investor often undermine and most often neglect the importance of technical analysis with regards to Trading.
Technical analysis overly predict the movement of asset price regardless of what is happening in wider or broader market essentially , process involves studying path of a particular asset movement in the past so as to establish sortable pattern that can be use to predict future movement
I would Encourage investors out to trade with the little they have or copy trade alert from a professional trader as I have been doing with mr David Fox
I agree, it is very easy to buy in on trending stocks but the problem is knowing when to sell or hold which is why a consultant is important. I've been in touch with an experienced investment adviser David Fox for about a year now and although I was initially sceptical about it, I will say I've made more progress within a year generating a profit of $700k from $200k
An ideal strategy should not be using indicators of the same type, in this case RSI, MACD and Stochastic are all momentum indicators, so they generally all move in the same direction. You don't get new info out of the 3 indicators.
I been using this strategy but to catch higher risk to reward I look at the daily/4hr/weekly to be over sold of over bought or to create its new high or low then wait for break of structure on lower time frames and us this strategy to enter on 1 hr \ and lower time frames most of the time and my TP is when the market it over bought or oversold on the higher time frame not on the hourly. Hope that helps
Thanks again. Please more focus on challenge your time is much valuable for this kinds of worsted strategy. Please continue rsi divergence and 200 ema and macd entry. 😊🙏
Since the MTF + MACD is still #1 and people are commenting that using something like 600 EMA instead of MTF should be the same thing, maybe it could be revisited.
At this case then we should play with the RSI settings to agree with the other indicators and giving me a perfect entry not waiting the RSI giving me that signal , for me personally every single indicator i put it on the chart I don’t trade with default settings cuz maybe 🤔 if I changed it will give more accurate signals if it’s not then back it to default settings
Thanks for the video, they're always thought provoking... Just a heads up - there's somebody impersonating you in the comments, try to scam people. Check out the replies to Simon Hedim's comment. There's nothing wrong with Simon's comment, it's the replies. If you click the "Trade Pro" name, it's obvious what they've done. First time I've seen something like this. Thanks again for your great content.
Sorry but I respectfully disagree with your assessment. He uses the RSI primarily for trend indication only. The Stochastic is used for entry and exit signals only. The MACD when used with the Stochastics will give an earlier signal of a trend reversal when the Stochastics is still in overbought territory but not yet showing a decline. In other words MACD will sometimes show a trend reversal ealier than the Stochastics. Since the RSI is set at 50 for trend we are not using it for the same thing as Stochastic or MACD. He says its only for an extra level of confidence. It is well known the RSI and Stochastics is a very solid trading system when used together in this way.
Don't get me wrong, backtesting is worthy and has its place.. but deciding a strategy based on just one set of 100 trades and in only one market.. how do you justify that as being viable?
It isn't viable, it's best to test it through as much data as possible and more importantly, through every market condition, especially long periods of ranges (that is if you're using a trend following strategy). The 100 tests is just an approximation but to see the true result, it's best to test it yourself through as much data as possible.
@@backtothescriptures6592 it was a curious question, as I don't understand traders who use their strategies based on indicator triggers.. I find using indicators as a means to measure works out better.
@@backtothescriptures6592 well it depends on what the state of the market is currently in, but pivot points and a good risk:reward work well.. but then again it depends on what you mean triggers.. for me it's an educated decision.. for others it's a cross of some lines. Difficult question to answer as I'm not bound to any one specific method
I'm not trying to be mean but if you can't say the exact criteria you use to enter a trade you are just gambling. A consistently profitable trader has a set of rules to follow that tells them exactly what to do and when to do it. I recommend getting the book "Basic Risk Management And Beyond: The Trading Secret" by R. A. Burnham to help with putting together a system.
Thanks for the videos man keep them coming, regarding the Webull free stocks, is it a guaranteed thing that when one deposits the $100 they will get the free stocks or is it like a competition thing whereby the winner will be randomly chosen Also is the offer only for US citizens or anyone os elIgible for the free stocks ?
"Webull may not be available yet in your country. Right now, Webull can be used in the United States, India, Brazil, Turkey, the Philippines, Malaysia, Japan, China, and Korea." This is what they say on my end. It is guaranteed that every person who deposits the $100 will get the 2 free stocks as long as they are in a participating country. That is my understanding of the information.
@Trade Pro I have up and down in trading.. And i have problems with emotions .. Can u please do market cipher B and market Cipher A backtest.. I would be very grateful to you.. Thank you very much, and keep going strong..
I already have like 9 live trades on the small account challenge and also some on the FTMO challenge. You are mistaken, no indicators don't lag a lot they back test the same way as they trade in real time.
This is why retail traders loose so much money because they swear that this is the "Right" way to use the RSI. They obviously haven't watched what actually happens with RSI LoL. There's a reason successful traders no longer follow the "Right" way of using RSI because it's not sustainable long term.
I have tried finding a version that isnt subjective so that I can accurately backtest it but without any success. Let me know if there is a version of it you recommend testing.
@@tradepro Actually what you say is correct. There are so many variations of the strategy. Please try all of them one by one. You are gonna run out of strategies to backtest anyways considering you have already covered the popular ones.
No no no... 1hr 200 ema for trend. And 20 ema above 50 ema or opposite if short. Macd cross Stock above or below 50 depending on trade direction. Or you can use mft also. And then add obv for volume.
I didn't mention also that I followed his rule for not placing an actual stop loss and only taking the loss if a candle closes over the pivot high not just a wick. This caused the results to be better than it would have been if I had tested using a hard stop loss. Thanks for watching!
My link to Webull for 2 Free stocks plus trading crypto or stocks: act.webull.com/kol-us/share.html?hl=en&inviteCode=hIUPmYKgMMsS
Link to Patreon for some perks and if you want to support the channel: www.patreon.com/bePatron?u=50046981
Link to telegram just for free chatting and sharing ideas: t.me/tradepro12
Link to strategy ranking spreadsheet: docs.google.com/spreadsheets/d/1LQ7lwnvcB5eacK4PxLXnV1mMEIzSxHzD8IZpP2N1oA8/edit?usp=sharing
Hey pal,
Some people abuse others in your telegram group, kindly do something about it
Oh no what is going on?
@@tradepro encouraging people for investing with 100% profit/month😑
Even some use trade pro username
Oh jeez not on telegram too they are everywhere. Just when I thought it was enough work trying to control them in the UA-cam comments section
@@tradepro unfortunately that's true,
I'm afraid some people with not enough experience will fall into that
I have been using a similar strategy the last few weeks and it has been very good for me. The key thing missing here is the need to check the RSI level the next timeframe up. So if going long on say the 1 hour with RSI crossing above/testing 50 line, Stoch RSI crossing from oversold, MACD cross etc, you must also check on the 4 hour that the RSI is also above 50 level. That then makes this golden, especially whe combined with trend lines and support/resistance. I found the MACD can give an added confluence and get a bigger move but it is not essential. The RSI and Stoch RSI work fine.
Thanks for your feedback.
I have something real big I'd like to introduce you to.
For more guidance W...H...A...T...S...A..P...P+1/4/8/0/6/3/1/2/5/7/8
Thank you for sharing your great work. Many years ago, I traveled 500 miles and paid $500 fee to attend a workshop. I received in return a strategy that entered on a retracement following price impulse. No backtesting results were provided. Only examples of cherry picked trades that looked awesome. After I returned home, I backtested over hundreds of trades and found out that it provided very, very slight edge, but not enough to be worthwhile, in my opinion. Now, I see your channel and find thoroughly backtested strategies showing the good and the bad. And for free. And without having to leave home. Awesome stuff!
Great job my man as always 🙌🏻 and also 23k subs nice my man , commenting and liking as usual
This strategy is gold on the daily, along with actually looking at the chart and visually seeing what’s going on. Well, with options anyway.
As a new learner in the market, I really love your work with this thank you for making these and for your commentary. It's super helpful
hi there, i just wanted to say thank you for all your hard work and knowledge you provide us with. i screen through many channels but i find yours works with me best, the way you describe and show your work is excellent you have helped me ever so much it is appreciated keep up the good work .
There is one good thing in this strategy, and it's about the exit which is done by the market and not a fixed value of 1:2 or 1:1.5... Thanks for another great video.
Thanks for this
I was also finding that the RSI was not closing trades as it would not go past 70 or 30
Will try 65 and 25
8,21,5 are definitely the best settings for the MACD
Hey man,
Thanks for your continuous and relentless work!
23k subs!!
เห้🙌🙌🙌
Thank YOU for the consistent support and pumping my UA-cam algorithm to the moon haha
@@tradepro no problems man, I'm always on my duty 🤘
I imagine that forex trading could be so tasking, so I kept on coming back to these UA-cam videos for more information.
This clip was so helpful.
Trading as a beginner can be very confusing and complex and if not properly guided by an expert, it can result to disastrous losses but with Mr Jacob Gary’s proven strategies, you are assured of your profit always
I can’t agree less at this moment, after blowing three accounts, I think I will have to stop or get professional service
The problem with most people is they confuse the forex market with a gambling platform and think it’s all about staking money and making profit without learning how it works
I started trading with expert Jacob Wang last year, during the COVID lockdown last year and it has been a very profitable venture.
I started trading with this Same Trader Jacob Gary about a month ago and he has never given me a reason to doubt his expertise or Credibility.
This is such a great channel man, thanks for the insights!
Hate stochastic and macd and this video is proof of why. Keep up the good work 👍
@Trade Pro scammer
commenting just too boost your video because you deserve it
I appreciate that!
I like the way u present, its very good.
Nice of the way how u take people's ideas into consideration, hope to see your channel grow. Your job looks pretty intresting
@@businessbro5857 hi TradePro will do when time fits
By the way, do you realize that a MACD zero line is a moving average itself
If you place a 50period ema and compare the paterns of the chart and the MACD, those that are below or above the 50 ema, is similar to those below or above the MACD zero line.
And the distance from the 50 ema is similar to the distance from MACD zero line.
Maybe this will help you spot divergence clearer.
I still cant find very good use of it, probably u can.
Have a gud day
But how do you determine the take profit LIVE ? I don't quite understand that part, here you look at the future for reference but when doing it LIVE you can't know when it will cross again?
Nice as always! Thank you Eric!
The problem with a strat with something like 9 in a row comes in the ability to endure that kind of draw down mentally and account wise. The average trader is going to end up blowing up their account with 9 in a row loss (particularly if those come in the beginning of the cycle vs in a later cycle where there is more profit already booked.
yup I would not recommend this strategy
thanks for your hardwork by trying different strategies. I also appreciate the spread sheet showing what you ve tried and the win ratio.
I have been into trading a little over a month.....what are a couple pointers you could give me/us? BTW this could be an idea for a vid if you don't have one already,
Thanks again brotha
Great analysis about redundant oscillators. Big help for new traders
I have a feeling one of Expert Advisors are going to show up on this channel some day 🤣🤣🤣
Just another example of an excellent strategy being busted! Keep it up Eric!!!
wait for closing till RSI turns back in oversold/bought. (or other chart patterns)
Nice strategy. You've got a new subscriber. What timeframe is best for this strategy?
Thanks alot for this review. The original video has a setting for the MACD 8,21 and 5. The 5 is for the MACD length in the Tradingstation platform. As for Tradingview, the third setting is called Signal smoothing. Is the signal smoothing in the Tradingview the samr thing as the MACD length in the Tradingstation?
You deserve more subs ❤
Hey man, I have a strategy it is done on m1 with 1-3 risk to reward using 200ema and stochastic. The stoc setting is 5,3,3 along with engulfing candles for entry stop above your entry candle 🙏
Thank you Man, really thank you! I totally got it!
Thanks for your feedback.
I have something real big I'd like to introduce you to.
For more guidance W..H...A...T...S...A...P...P+1/4/8/0/6/3/1/2/5/7/8
I agree the Macd alone gives you all the same signals
oh bro, last month we we're 10k subs, amazing, congratulations!
ḭnvest in Ƀḭt¢oin trading with my administrative Brandon Stones
+:.1:.4:.2:.5:.2:.2:.3:.4:.0:.4:.3
If your indicators are based on the Close price of the candles then your winrate in hindsight is better than in live trading
Another great trading video 👍🏼👍🏼😁
Keep up the good work!
I appreciate your videos.
Do you take support and resistance or Fibonacci levels into account during these tests or during your real trading? Thanks in advance. 👍
Can you do a tutorials on how you set your charts up with how to do stop loss and the like? I am trying to get into this stuff and it would be really helpful! How do you set up the EMA trailing stop loss?
i dont get it these are charts which had hapened already while in live chart j dont knw how to do it
Ah glad you mentioned the fact that combining those indicators is noob level of trading.. When you see stoch macd and rsi on the same chart you can tell it won't go well.
You basically get the same signals but you probably get worse entry timing that simply using the macd for instance
I'm surprised it even made a profit at all, though 27% minus fees and considering you spend more than a year for that is simply garbage.. And you would need to take into account the exact evolution of the account to have an accurate result because if you'd have say your 9 losing streak at the beginning and be down I don't know, 9% or so on the account, gaining 9% from there won't get you back to break even so yeah anyway you've been very kind with that youtuber to be honest, I'd call him a fraud at best lol
Respectfully disagree. Sorry i have traded this method for a year with excellent results. Stochastics actually provides very accurate entry and exit signals which was evident in the video. Your comment about using the MACD alone for better signals is incorrect. The MACD is a lagging indicator and is not reliable to provide accurate signals consistently.
Really appreciate your work thanks
I've watched many of your videos that basically prove the strategy (disprove). What strategy do you use?
I don't think there is a good one.. lol
It's all down to market/price structure
Fantastic video the major challenge investor face may range from controlling impulsiveness to the frail of compulsion most new bird and would-be investor often undermine and most often neglect the importance of technical analysis with regards to
Trading.
Technical analysis overly predict the movement of asset price regardless of what is happening in wider or broader market essentially , process involves studying path of a particular asset movement in the past so as to establish sortable pattern that can be use to predict future movement
I would Encourage investors out to trade with the little they have or copy trade alert from a professional trader as I have been doing with mr David Fox
I agree, it is very easy to buy in on trending stocks but the problem is knowing when to sell or hold which is why a consultant is important. I've been in touch with an experienced investment adviser David Fox for about a year now and although I was initially sceptical about it, I will say I've made more progress within a year generating a profit of $700k from $200k
Positive remarks is what I have been hearing about Mr David Fox for a while now
Met Mr David first time at a meeting in Los Angeles early 2019.He's teachings on trading is fascinating
An ideal strategy should not be using indicators of the same type, in this case RSI, MACD and Stochastic are all momentum indicators, so they generally all move in the same direction. You don't get new info out of the 3 indicators.
tnx again for doing the dirty job bro
DO YOU HAVE A VIDEO REVIEW OF WHICH TRAIDINGVIEW MTF INDICATOR AND TADING STRATEGY YOU USE AND THE MTF SETTINGS I.. AND HOW IT WORKS WITH MACD ?
THX
Very well explained Sir. What's the time frame in this video?
@ Tradepro are you using StocasticSlow?
I been using this strategy but to catch higher risk to reward I look at the daily/4hr/weekly to be over sold of over bought or to create its new high or low then wait for break of structure on lower time frames and us this strategy to enter on 1 hr \ and lower time frames most of the time and my TP is when the market it over bought or oversold on the higher time frame not on the hourly. Hope that helps
Great video,
Could you make a video on what indicator strategy you would recommend. Nice video 👌
I am just starting out
Thanks again.
Please more focus on challenge your time is much valuable for this kinds of worsted strategy.
Please continue rsi divergence and 200 ema and macd entry. 😊🙏
I mean FTMO challenge
the markets have been closed because its the weekend
Since the MTF + MACD is still #1 and people are commenting that using something like 600 EMA instead of MTF should be the same thing, maybe it could be revisited.
Wtf
At this case then we should play with the RSI settings to agree with the other indicators and giving me a perfect entry not waiting the RSI giving me that signal , for me personally every single indicator i put it on the chart I don’t trade with default settings cuz maybe 🤔 if I changed it will give more accurate signals if it’s not then back it to default settings
Why did you change the settings from the MACD? Would like to understand that part :)
Excellent
Which version of Tradingview do you use? The free or the other priced one's?
its $15 a month I believe
Thanks for the video, they're always thought provoking... Just a heads up - there's somebody impersonating you in the comments, try to scam people. Check out the replies to Simon Hedim's comment. There's nothing wrong with Simon's comment, it's the replies. If you click the "Trade Pro" name, it's obvious what they've done. First time I've seen something like this. Thanks again for your great content.
What broker do you use for forex trading?
Oanda and Forex.com they are basically the same.
Sorry but I respectfully disagree with your assessment. He uses the RSI primarily for trend indication only. The Stochastic is used for entry and exit signals only. The MACD when used with the Stochastics will give an earlier signal of a trend reversal when the Stochastics is still in overbought territory but not yet showing a decline. In other words MACD will sometimes show a trend reversal ealier than the Stochastics. Since the RSI is set at 50 for trend we are not using it for the same thing as Stochastic or MACD. He says its only for an extra level of confidence. It is well known the RSI and Stochastics is a very solid trading system when used together in this way.
Can this be done on a longer timeframe?
What do you mean the macd needs to cross down?
Thanks for Watching and commenting..
For More Crypto Knowledge and Profit making.
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Don't get me wrong, backtesting is worthy and has its place.. but deciding a strategy based on just one set of 100 trades and in only one market.. how do you justify that as being viable?
It isn't viable, it's best to test it through as much data as possible and more importantly, through every market condition, especially long periods of ranges (that is if you're using a trend following strategy). The 100 tests is just an approximation but to see the true result, it's best to test it yourself through as much data as possible.
@@backtothescriptures6592 it was a curious question, as I don't understand traders who use their strategies based on indicator triggers.. I find using indicators as a means to measure works out better.
@@jerrumonline6705 What do you use as triggers then?
@@backtothescriptures6592 well it depends on what the state of the market is currently in, but pivot points and a good risk:reward work well.. but then again it depends on what you mean triggers.. for me it's an educated decision.. for others it's a cross of some lines. Difficult question to answer as I'm not bound to any one specific method
I'm not trying to be mean but if you can't say the exact criteria you use to enter a trade you are just gambling. A consistently profitable trader has a set of rules to follow that tells them exactly what to do and when to do it. I recommend getting the book "Basic Risk Management And Beyond: The Trading Secret" by R. A. Burnham to help with putting together a system.
Love it
Is this the schotastic momentum indicator here?
Thanks for Watching and commenting..
For More Crypto Knowledge and Profit making.
D•M +•1• 7• 1• 6• 2• 8• 1• 5• 3• 0• 8••
@tradepro would it be to annoying to put the links to the videos on the spreadsheet?
Why not do this in a pine script
Thanks for the videos man keep them coming, regarding the Webull free stocks, is it a guaranteed thing that when one deposits the $100 they will get the free stocks or is it like a competition thing whereby the winner will be randomly chosen
Also is the offer only for US citizens or anyone os elIgible for the free stocks ?
"Webull may not be available yet in your country. Right now, Webull can be used in the United States, India, Brazil, Turkey, the Philippines, Malaysia, Japan, China, and Korea." This is what they say on my end. It is guaranteed that every person who deposits the $100 will get the 2 free stocks as long as they are in a participating country. That is my understanding of the information.
Teşekkürler.
Nice!
Ok but are u change macd settings to 8 21 5 .. He change macd settings in his video.. Thanks
yup.
@Trade Pro I have up and down in trading.. And i have problems with emotions .. Can u please do market cipher B and market Cipher A backtest.. I would be very grateful to you.. Thank you very much, and keep going strong..
Hey, I was curious how much you know about trading on Nadex.
Nothing other than it is a broker
any best strategy for crypto scalp?
the best strategy is one that works
@Trade Pro ur a scammer
Thanks +1 sub
What does GOA means?
@Trade Pro What does GOA mean, not your what app number. How hard is it to share?
Can you perform some live trade also? You have to keep in mind that indicators are only indicating, and lags alot.
I already have like 9 live trades on the small account challenge and also some on the FTMO challenge. You are mistaken, no indicators don't lag a lot they back test the same way as they trade in real time.
Boom 🤛🏻
Will you ever consider going live while doing your 100x test?
Who would want to sit there for an hour watching me slowly go through the set ups? I don't think I will because it wouldn't get any viewers.
@@tradepro I would
He uses the RSI as a trend indicator not a momentum indicator
This is why retail traders loose so much money because they swear that this is the "Right" way to use the RSI.
They obviously haven't watched what actually happens with RSI LoL. There's a reason successful traders no longer follow the "Right" way of using RSI because it's not sustainable long term.
Lol 😂 I know where you got this idea.
And somewhere i read that rsi in over bought and over sold is just the start of the real profit🤔
I agree
What do you mean real profit?
Please backtest The London Breakout strategy.
I have tried finding a version that isnt subjective so that I can accurately backtest it but without any success. Let me know if there is a version of it you recommend testing.
@@tradepro Actually what you say is correct. There are so many variations of the strategy. Please try all of them one by one. You are gonna run out of strategies to backtest anyways considering you have already covered the popular ones.
@@omairtech6711 Nope I will not run out of strategies I have hundreds requested. Tell me a specific one you want to see and I can add it to the list.
No no no...
1hr 200 ema for trend. And 20 ema above 50 ema or opposite if short.
Macd cross
Stock above or below 50 depending on trade direction. Or you can use mft also.
And then add obv for volume.
Stoch...
If I did that I wouldn't have been following prophet markets strategy very closely which is what this video is about
@@tradepro yes but I meant they are doing it wrong. Mine has like an 86% win rate at least when I tested it
@@illernpiller oh yes it is indeed not optimal
what is the criteria for the obv to enter? Also what stoch should I test it on
Algo
ไม่หลับไม่นอนแหะ😀
ไม่ทางผ่านอ่ะเราต้องไปด้วยกันดิ😀😀😀
Your RSI and Stochastics should both be length of 21 as well not 14..