High Power Buy Sell Indicator Tradingview for Scalping & Day Trading

In this article I’m going to give you the very super easy buy and sell trading strategy and even if you are a beginner you don’t have any knowledge about the trading market then you can still able to make good profits from the trading Market by using the simple setup of indicators that I am going to explain in this article now let’s talk about the trading tools because this is most important for us to go for Traders know about it and many of the Traders have even no knowledge about this indicator so we are going to attach this indicator and

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It will basically give you a look like this so we will do some sort of changings in this indicator because we are not going to use this indicator as per the default model so that’s why I am going into the settings of this indicator and going into the style section so inside the style section so please note down these settings I am going to uncheck plots and I am going to uncheck the shapes these are the only two things that I need to do otherwise the rest of the things are quite easy for us to understand.

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now we are going to use the second indicator that is called EMA so when you will write EMA then moving average exponential will come and now you are going to the settings of the EMA so give it a proper white color give it a higher level of thickness and then go to the input section and here from 9 change the lens to 200 so that we should have a better record of the moving Market. And then we are moving ahead and we are going to talk about the strategy okay now this is the live chart of ethereum USD as you can see this is the live market so I’m going to give you some good techniques.

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The good techniques are that if you see the 200 period white line EMA so if you see that you get a sell signal from this indicator. The indicator will turn its line into the red color so you can go for a simply a cell position but in case if you are getting a Buy Signal from here then you are not going to trade that one because below the 200 EMA means you are into the downtrend and overall personally I would not like to trade that pattern because this is the consolidation if you look at here you know today it’s Saturday and the markets are very slow and this is the crypto market and then the market how you can just this consolidation if you look at here the the market is simply moving around the 200 EMA it means that there is almost no momentum in this trading Pier so let’s talk about the momentum pairs so for example Great Britain pound CHF on Friday you have a Sell signal a long drive and also here after because there are two red lines and when the red line starts to curve into the opposite direction so this could be your possible take profit that you can simply exit from that trade so for example it is turning into red color so overall if you are going to use this indicator with the proper care and with the proper way that when the market

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Is above the 200 EMA that’s a long upward push so keep on ignoring the sell signals if you will take these cell signals even then you will be going to make a loss because this is not going to work and avoid the consolidation patterns like the ethereum chart look at this this is CHF JPY this is the consolidation so whenever you see any type of consolidation on any particular chart so just simply avoid that one so that was also the moments of the Friday close so if we go back then this indicator is doing its job in a very perfect manner below the 200 EMA red signal you can go for the cell above the 200 EMA you have a Buy Signal you can go for it. So overall it has a very good win rate and if you’re going to use it in anything like future stocks crypto Forex anything like whatever you want to trade look at here this is the nas hundred and a beautiful send signal so this is all about this indicator.

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