BEST Trading Strategy on TradingView for Beginners (2024)

Рет қаралды 10,729

Күн бұрын

📊 Looking for the best trading strategy for beginners on TradingView? Learn about a profitable strategy using 3 free indicators with proven results in this video! Perfect for beginners looking to trade in 2024.
👍 Subscribe now for real results and help shape future episodes with your input.🚀
🔗 STRATEGY TESTED ON VIDEO: www.tradingview.com/script/4S...
🔗 ATP PREMIUM INDICATOR TESTING BOT: www.patreon.com/algotradepro/...
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📚 Chapters:
00:00 - Intro
01:15 - Strategy’s Indicators
05:05 - Risk Management
06:47 - Strategy’s Results
10:00 - How to Test this Strategy
10:49 - BONUS
🎥 This video was edited by: Deepak Nishad
📧 Contact: deepaknishadwork@gmail.com
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🚨 Disclaimer:
Disclaimer: The content in this video is for educational and informational purposes only. It is not intended to be, and should not be considered as, financial or investment advice. The information provided in this video is not a recommendation to buy or sell any financial instrument or to make any investment decisions. The presenter of this video is not a financial advisor, and any information provided should not be taken as advice from a professional. Always do your own research and seek the advice of a financial professional before making any investment decisions.

Пікірлер: 44

@algotradepro 3 ай бұрын

🔷Ranking of all ATP trading strategies: docs.google.com/spreadsheets/d/1WcvrG8KLyYqXXveyEIlfYljtOLg7WySOwrv_lVya5hE/edit?usp=sharing

@peiyihsiao592 3 ай бұрын

Thank you SO MUCH!!!~~~

@algotradepro 3 ай бұрын

I'm glad you enjoyed the video, thank you for your support!

@rituparnakumarnath3140 3 ай бұрын

all indicator you mentioned in this video and the previous video works WELL, but I think the BBBO itself tells us how long we need to hold the trade for. Can you PLEASE make video on price actions as well.

@algotradepro 3 ай бұрын

Thank you for your feedback! I appreciate your support and will definitely consider making a video on price actions.

@ghost-ict 3 ай бұрын

Can you tell us how to set up the Google DOCs. Sheets. To back test

@algotradepro 3 ай бұрын

Thank you for your question! I appreciate your interest in learning how to set up Google Docs and Sheets for backtesting, but I use Excel for that purpose.

@astgo9113 3 ай бұрын

Hi I find this strategy very good, I can also trade in timeframe daily, can you also introduce the best indicator for trading swing and positions trading? i have little time for small timeframe thank you very much

@algotradepro 3 ай бұрын

I'm glad you found the strategy helpful! For swing and position trading, the UT Bot indicator is commonly used and effective.

@xiaopinghu8682 3 ай бұрын

Thank you Sir. What is the volume indicator and baseline indicator for this system?

@algotradepro 3 ай бұрын

I'm glad you found the information helpful! There is no volume or baseline in this system, it is a simpler one.

@xiaopinghu8682 3 ай бұрын

Thank you Sir. If I want to add a volume indicator and a baseline, which one do you think would be the best fit?

@algotradepro 3 ай бұрын

Hey there! It's awesome that you're thinking about adding more features. Why not try out the Choppiness indicator, aas the volume indicator, and a 50-EMA, as a baseline, to see which one fits your style best?

@xiaopinghu8682 21 күн бұрын

Thank you! You said that you turned off the weaker buy/sell signals from the purple cloud indicator. Did you change the program? Seems that you just turned the weaker buy/sell off from the monitor. The program will still take those weaker buy signals unless you changed the program. Also did you test the purple cloud with 14 period length? Thank you.

@algotradepro 20 күн бұрын

@@xiaopinghu8682 Hi! Yes, I turned off the weaker buy/sell signals and only considered entering on strong signals. For the settings, I used 10, 3, 40, 0.9.

@niomartinez 3 ай бұрын

Does your backtest consider market fees or spreads?

@algotradepro 3 ай бұрын

Our backtest takes into account spreads to provide a more accurate simulation. Regarding commissions, no, as it depends on the broker chosen. For example, with our broker of choice, XTB, up to $100,000 in monthly volumes there are no commissions for shares

@sukscool 3 ай бұрын

Thank yoi.. but what about forex pairs?

@algotradepro 3 ай бұрын

Looks like the forex pairs are feeling a bit left out! Don't worry, they'll get their time in the spotlight soon.

@sukscool 3 ай бұрын

@@algotradepro hahaha ❣️

@kento1957 3 ай бұрын

No testing on indexes or currency?

@algotradepro 3 ай бұрын

For this video, we focused mainly on stocks, as it is a strong point of this strategy

@kulitkulit3160 2 ай бұрын

Does this work for 1m timeframe?

@algotradepro 2 ай бұрын

Thank you for asking! Yes, it can be effective with the right approach.

@marekdabrowski5799 3 ай бұрын

Thank you

@algotradepro 3 ай бұрын

Thanks for tuning in, we're grateful for your support!

@IvanCordicep 3 ай бұрын

Have seen you everywhere in many indicator videos commenting. Would you plz tell me what is your best favourite personal indicator that you use? & Have you found the one you're looking for? Everyday I feel a little more demotivated when I see the Indicators not workings and giving fake signals & no proper confirmation

@algotradepro 3 ай бұрын

@@IvanCordicep Hello, Thank you for your message and for following my comments on various indicator videos. I understand the frustration that comes with indicators sometimes providing false signals or lacking proper confirmation. In terms of my personal favorite indicator, I've found the UT Bot indicator to be quite reliable, especially when using smoother settings like (2, 8). However, it's important to note that the effectiveness of any indicator can vary depending on factors such as the assets traded, timeframes used, and trading style employed. To address the issue of fake signals and lack of confirmation, it's essential to build a robust trading system that incorporates multiple indicators with complementary functions. By combining different indicators and validating signals across various criteria, you can enhance the accuracy and reliability of your trading strategy. If you have any further questions or need assistance, feel free to ask.

@IvanCordicep 3 ай бұрын

@@algotradepro plz do make a video on top 10 editors choise RSI/ Laguerre RSI/ Elliott wave RSI Optimal RSI and others that can actually give us proper exit confirmation signals.

@algotradepro 3 ай бұрын

@@IvanCordicep Thank you for your suggestion! We will do it in the future!