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  • 6 weeks ago
To enhance your trading strategy, incorporating a combination of technical indicators like the Supertrend, Parabolic SAR, ADX, and RSI can provide a robust framework for making more informed decisions. The Supertrend indicator is excellent for identifying the direction of a trend, providing clear buy and sell signals based on its position relative to the price. When the price is above the Supertrend line, it indicates an uptrend, while a price below it suggests a downtrend. This simple yet effective tool helps traders stay on the right side of the market's momentum.

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Complementing the Supertrend, the Parabolic SAR and ADX indicators can offer additional confirmation and insights. The Parabolic SAR (Stop and Reverse) is a trend-following indicator that plots a series of dots below the price during an uptrend and above it during a downtrend. It's particularly useful for setting stop-loss levels and identifying potential reversals. Meanwhile, the ADX (Average Directional Index) measures the strength of a trend, helping you determine if the market is trending strongly or moving sideways. A high ADX value (typically above 25) confirms the strength of the trend identified by the Supertrend, giving you greater confidence in your trading signals.

For entry and exit timing, the Relative Strength Index (RSI) is an invaluable momentum oscillator that works well with the other indicators. The RSI measures the speed and change of price movements, identifying overbought and oversold conditions. When the RSI moves into the overbought zone (above 70) in a strong uptrend confirmed by Supertrend and ADX, it can signal a potential short-term pullback, offering a good opportunity to take profits. Conversely, an RSI in the oversold zone (below 30) during a confirmed downtrend might suggest a good entry point for a short trade. By combining the trend-following capabilities of the Supertrend and Parabolic SAR with the strength confirmation of the ADX and the timing signals of the RSI, traders can create a comprehensive and powerful system for navigating the markets. 📈

We'll use a powerful combination of four technical indicators: Supertrend, Parabolic SAR, ADX, and RSI. This system is designed to identify a strong trend and give you a clear entry point. I'll show you exactly how to use the Supertrend for the main signal, confirm the trend with Parabolic SAR, check the trend's strength with ADX, and use RSI as a final confirmation to enter a trade.

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Money Management:
It is important to follow up with this strict rule of investment:
If you have $100 in your account, each open position should be $5 tops
If you have $200 in your account, each open position should be $10 tops
If you have $500 in your account, each open position should be $25 tops
If you have $1,000 in your account, each open position should be $50 tops
Transcript
00:00Hello friends! Today we are going to look at a great strategy that's based on four indicators.
00:05This strategy works really well for beginners. Make sure to watch the video from start to finish
00:11because I'm going to try growing my balance using this strategy starting with just 30 dollars.
00:17Let's get started! So guys first of all we need to set up our chart. Also we need to add our four
00:24indicators. The first one will be the super trend. We need to add this indicator to the chart. Then
00:29I go to settings. Here we set the period to 10 and multiplier to 3 and then we can click save.
00:35The next indicator will be parabolic SAR. Here we go to settings and we need to set the acceleration to
00:440.02 and maximum acceleration to 0.2. Then we go to stylus and here I want to make this indicator
00:52yellow and a little bit thicker. Okay the next indicator will be for example ADX. We add this
01:00to the chart. And here we need to change the smoothing to 7 and the length to 7 too. Then we
01:07go to styles and here I need to left only the main ADX line. So we turn off the plus and the minus lines.
01:15And the final indicator will be RSI. Here we go to settings and set the period to 7. Also then we go
01:24to styles and here we need to turn off the top and the bottom lines. So we need to left only
01:31the line on 50 level. Okay now we need to set expiration time to one minute because we'll open only one minute
01:40trades here. Right now then we need to set candles chart type. And also we will use 15 seconds time frame.
01:49It is very important to get clear signals for one minute. And the final step we need to choose the
01:56asset. So you can use any asset that you want as usual. Just try to use assets with the highest payout. I
02:03always try to use assets with 92% payout just to get more money. And after that we are ready to start
02:12our trading session. Also guys I've posted 23 free trading lessons in my telegram channel. There you'll
02:19find everything you need to start trading from the basics to more advanced stuff like trading psychology
02:25and how to create your own trading system. You can join my telegram by clicking the link in the
02:31comments or scanning the QR code on the screen. Go check it and start learning. Now let's talk about
02:38the trade. So right now I've opened a trade, a downtrade. We can see that the super trend indicator
02:46is giving us a sell signal. There is a red line and it shows sell. Also the SAR indicator is showing
02:54dots above the price which is another good sign of a downtrend. Looking at the ADX indicator we can see
03:00that the value is above 20. This means the current the current the current trend is strong enough
03:06so it's safe to trade in the same direction. And finally the RSI indicator is below the 50 level
03:13which is another confirmation for a downtrade. And as you can see the first trade closed in profit.
03:20Alright guys I'm opening a second trade on the same chart. So as you saw the previous trade closed in
03:27profit. And before entering a new trade it's a good idea to wait at least one minute. If nothing
03:34changes on the chart during that time, no trend reversal, no big moves, then it's okay to enter the
03:42next trade. It's always better to wait a bit before opening another position on the same chart. Now looking
03:48at the current situation nothing has really changed. The super trend and SAR indicators are still showing
03:56a strong downtrend. The ADX indicator also shows a very strong movement. It's getting close to 70 level
04:03which means the trend is pretty powerful. RSI is also still below the 50 level so that confirms the
04:10downtrend as well. That's why I've opened another downtrade here. Let's wait for the result of
04:18this one. And if this trade also closes in profit I will try to open an uptrade next just to show you
04:26how we work with an uptrend. And as you can see one more trade closes in profit and now I can continue.
04:34Alright guys I found a good setup to open a buy trade. As you can see we've got a buy signal from the
04:42super trend indicator. That signal is confirmed by the SAR indicator. SAR is showing dots below the price
04:51right now. Next the ADX indicator is above the 20 level which means the current movement is starting
04:58to gain strength. And the RSI is above the 50 level which is also a good sign for an upward trend. So I'm
05:08entering an uptrade here. And guys just to repeat. To enter a trade going up we want the RSI to be above
05:1850. We want the SAR and super trend indicators to show signals for a move up and we want the ADX to be
05:28above 20. Since in this case we are trading with the trend a lot of our trades will close in profit.
05:36That's exactly why I like this strategy so much. And as you can see my third trade closes in profit.
05:44And now I can continue my trading session. Alright guys here I'm entering a downtrade and I hope
05:52by now you already understand why I'm making this decision. Now a couple of important things. First of
05:58all I have to remind you that everything you see on this channel is just my personal opinion and
06:03experience. This video and my content are not financial advice. That's really important to keep
06:08in mind. Second let's talk a bit about the ADX indicator because not everyone understands how it
06:16works. So just repeat. The ADX indicator only shows the strength of the current trend. The higher the value,
06:23the stronger the trend. It doesn't matter if the trend is going up or down. The ADX doesn't show direction,
06:30only strength. So whenever we are entering a buy or a sell trade. We always want the ADX to be above
06:37that 1.11. Now sometimes the market has been going up for a while and then it starts to reverse and go
06:45down. Now let's wait a few seconds until this trade closes. I'll try to get the profit. Yes. And now I will
06:54look for the next setup and continue the explanation because the next part is really important. All right,
07:01let's get back to the explanation. So let's say the price on the chart was going up for a long time
07:08and then it started to reverse. Our indicators like supertrend and SAR begin to show sell signals. Now we check
07:15the ADX indicator and see that the value is above 20, which is good. But if the ADX line is pointing
07:23down, that means the previous uptrend is getting weaker. It's not showing strength in the new downtrend
07:31just yet. So it's better to open a trade not just ADX is above 20, but also when the ADX line is pointing
07:40up. That tells us the current trend, whatever up or down is gaining strength. That's actually a really
07:48important detail and it can help you increase your win rate. So definitely pay attention to that. As you
07:56can see right now, I opened a downtrend and here on this chart, I get one more profit deal. And now guys,
08:06I can continue and I will try to find final situation to open my final trade for today.
08:15All right, guys, I'm entering my last trade for today. It's a downtrend. I really hope this video
08:21helped you learn something new and maybe discover a few useful things for your to start learning right
08:29now and seriously improve your trading skills. Believe me, the free info I've posted
08:35there is basically everything you need to start your trading journey. A couple more tips. Guys,
08:42make sure to practice as much as possible on a demo account so we can avoid mistakes when trading with
08:49real money. And always remember trading involves high risk. If you want to find more strategies, you can
08:59watch other videos on my YouTube channel. I try to post different strategies in my videos so you can get
09:08a lot of useful information. And guys, as you can see, my final trade closed in profit. I made a pretty
09:15good result today and I wish you the same. Trade smart, follow risk management, practice on demo and make as
09:23much profit as you can. Don't forget to subscribe to the channel and hit the like button. That's the best
09:30way to support me. That's it for today. See you in the next video.
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