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For optimal results align 5min chart with a 15min chart & Stoch RSI to increase win rate & assist in multiple entries on single move, done correctly this way, Life changing. Thank you is insufficient of a word. May you be forever blessed!!!!!!
Then don't trade it in choppy markets....duh🤣 combine this technique with market structure and I'm sure it'll be more reliable. Haven't tried it out yet but I'll see what I can get.
Could someone kindly explain to me what is happening in this setup in terms of price action. In other words, "why" this strategy works, what this indicator setup is telling me in terms of price action. I'm wanting to be sure I'm not just trading indicator rules, but actually "understand" the price action and structural logic behind it. Nice setup thanks you for sharing.
If the entry and stop loss is off the 2nd ST, why have the closer ST? Also, can you please explain the trigger to enter? Is this strategy good to day trade CL and ES on either 1min or Tick charts? Thank you
Thanks for sharing, let me have your thoughts... When backtesting it looks great but this indicator does not really fit short-term and scalping strategies because the opening of a new candle starts at the middle of the previous candle (?). That means if you are going for small moves it more often than not result in negative results.
I dont think you can use this stretegy as you explain in the video. Candles are heiken ashi which are calculated/derived from acutal candle so your profit and loss is different than what you suggesting in this video. I did run some back test and results was bad. Only works well in really trending market but you can backtest on Heiken ashi.
Are you able to set up an alert for these signals using your strategy ? I can see in trade view that you can set alerts but it would be useful to know how the settings would work with this strategy or is it a case of having to monitor live charts ?
heikin ashi candles dont refelect the reality of the market and I dont recommend anyone to use them in trading maybe only to know the overall trend but not in association with indicators. I see alot of youtubers use them to make their strategies look like they are working well but in reality they are not so be careful
@Zouhair Allali price is off a few cents with Heikin Ashi candles, it's not any big issue. You are just parroting an old wives tale and myth. If you actually used them, you would know it is not a big issue at all.
@@internationalplayboy8685 agreed. Anyway if your system makes money, nobody is pushing you to use them. There are 50 trades with 50 different strategies and everybody is making money, then we should be happy.!
Works well for me, yes I switch HA candles to a line or how you call it just to see reality, but price is no much difference. HA show you micro trend direction and eleminates the noise for confidence. Yes if you trade 30sec 1 min TF may be they are not so good
QUESTION IS--If trader was trading forex pair to hold for average duration of 3 days what time frame should be used for TREND DIRECTION?--IS IT 4 H CHART? Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower times frame trend).Trend on 4H chart may be the best trend guide for majority of forex traders.. By the time trader confirms that trend on daily chart is up, market has already gone up about 5-7 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 10--15,four H candles has enough big players/juice/force behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset to lose again. Your wisdom please.?
The faster Supertrend will always respond ahead of the slower one, will it not? But the rules require you wait until BOTH Supertrend lines agree. . So why even bother with the fast Supertrend line?? Seems a waste of time. . Now, if your rule said, Go long when both lines agree on Buy, go flat when ANY ONE of the lines says Sell, and go short when the other line also says Sell, and vice-versa for the opposite position, then you might have something.
Hi, the calculations, on the settings.. are they the same for 4 hours or hourly time frame the atr and all that , if not what do i change to for longer time frame
Hey..love your work.BOOM. I'm just a beginner.. I'm just wondering how do I place a buy or sell order on Tradingview.There is nothing on the site that specifies what section that is ??
I am very much interested ☺️ to learn from you. I want to become successful one day in trading. I am a beginner. Hope you continue to teach the every aspects of Intraday amd swing trading in Stocks. Thank you.
Hi you have posted alot of strategys but what are you still using that is good i liketo have one of the 15 min or little higher that are using a risk of reward of 1:2 with a decent winrate if you know any of this on forex ? Thank You
@@MyTradingJourney there are so many double super trend strategies on YT. Let me try it tomorrow and see the results. You are superb. Use a parabolic with it and it will work wonders to know trend 🤩
There are a couple of situations where this trade strategy is ill defined. what if one super trend oscillates back and forth while the other one doesn't? How can you backtest if the behavior of the algorithm isn't clearly defined?
Wait for a new trade, I've been trying this strategy out and I've entered trades five minutes after the buy and sell signals appeared...I lost money every time.
very effective and simple strategy to trade made some money on APPL calls and puts. but this indicator repaints and it could be dangerous. Can you explain how to use this strategy for options trading..
Use it for trend direction. Sell OTM spreads with 45 DTE. Take profit at 50% or adjust at 21 DTE. You could also use it for sell cash secured puts. Use the trend direction and sell 45 DTE 10-15% below current price.
All good but the backtesy is wrong mate! 1) the actual entry price is never the next heikin ashi candle open. 2) You missed many losing signals in your backtest. Just some notices! 👍
Heikin Ashi shouldn't be used on such a low time frame, isn't that the case...? What's your experience with trading it on a 5m vs 1h or 4h time frames?
I don't understand the point of using two supertrend indicators if you need the second confirmation? Why not just use the one with the second confirmation?
I have to tell you a story about me. It started on the 8th of September when I listened to your video. I listened to your trading strategy utilizing the QQE Threshold and the Extreme Trend so I adjusted my game. Today is the 29th of September. It is approximately 21 days after I started utilizing your strategy and indicators. My God, I am $277,250.00 Dollars in profits. So far I have done 21 trades and I have only lost two times because of errors that I committed. Thank you so much for your help and your expertise.
I agree. Been doing backtesting and noticed that taking entries only when RSI is above 50 for long trades, and below the 50 level for short trades avoids some losses.
My question to you is after adding these indicators to my charts and loading multiple pairs for the 5M TF I've noticed multiple times the 2nd indicator in alignment with the 1st indicator. Also it's hard to know if this repaints because replay mode is NOT ALLOWED, but in normal mode it does repaint. Not much but it does. Not sure if this matters because I can't know for sure unless I screen record for hours or days then re-watch to see what happened with live data. Also do you know how many reputable trades per day or per trading session this indicator strategy actually produces?
Bro here is why heiken ashi comes in help if u see the supertrend as per the signal and the heiken showinf good fat candles single wick then it is good to go . I know that this repaints but such situations are when there is an uncertainty . The best u can do is to wait for 2 big fat heiken candles to happen and if the supertrend situations are good then u can go . I often use such technique. Because when u tend to confirm the trend the profit might be a bit less but u will be safe from a false signal
The fact that ur willing to screen record shows a lot about u vs others that take these 5 min easy win videos as truth and don't back test or comment good strategy without even trying it out for themselves 1st.... 😎👍 at least ur willing to do ur home work
Let me help you earn consistent monthly income with simple, low-risk trades
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Wow, this is a great set up. I tried it today I took three trades using it and won all three. Thank you for this. Booooom!
more backtest and forward test 3 trades are nothing unfortunately
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boom
boom💥
For optimal results align 5min chart with a 15min chart & Stoch RSI to increase win rate & assist in multiple entries on single move, done correctly this way, Life changing. Thank you is insufficient of a word. May you be forever blessed!!!!!!
BOOM, the no fee indicator methods are what we want. This is a great one.
Try this on a choppy market and see how long you are in the trading business...If trading was this simple everyone would be millionaires.
And most of pro traders are
Then don't trade it in choppy markets....duh🤣 combine this technique with market structure and I'm sure it'll be more reliable. Haven't tried it out yet but I'll see what I can get.
@@pacman333any updates?
Could someone kindly explain to me what is happening in this setup in terms of price action. In other words, "why" this strategy works, what this indicator setup is telling me in terms of price action. I'm wanting to be sure I'm not just trading indicator rules, but actually "understand" the price action and structural logic behind it. Nice setup thanks you for sharing.
Have to charts up, one with heikenashi and the other with Japanese candle sticks then forward test and take notes.
If the entry and stop loss is off the 2nd ST, why have the closer ST? Also, can you please explain the trigger to enter? Is this strategy good to day trade CL and ES on either 1min or Tick charts? Thank you
Thank you sir for sharing good Intraday strategy and your explanation is very nice and specially settings of the indicator.
Thanks for sharing, let me have your thoughts...
When backtesting it looks great but this indicator does not really fit short-term and scalping strategies because the opening of a new candle starts at the middle of the previous candle (?).
That means if you are going for small moves it more often than not result in negative results.
Agreed sir
Generally people use heiken ashi for good strong momentum trades it is not recommended for scalping buddy
Heikin Ashin for 1hr+ time frames
Yeah this strategy emptied his wallet real fast
This a great for trading ES futures!
I tried it, overstated profitability
I dont think you can use this stretegy as you explain in the video. Candles are heiken ashi which are calculated/derived from acutal candle so your profit and loss is different than what you suggesting in this video. I did run some back test and results was bad. Only works well in really trending market but you can backtest on Heiken ashi.
I have won 2 Gold trades and 2 Bitcoin trades in the last 4 hours since watching this
amazing!
Are you able to set up an alert for these signals using your strategy ? I can see in trade view that you can set alerts but it would be useful to know how the settings would work with this strategy or is it a case of having to monitor live charts ?
Yes you can do that
Is the ATR period and multiplier settings the same for the 15 min timeframe?
heikin ashi candles dont refelect the reality of the market and I dont recommend anyone to use them in trading maybe only to know the overall trend but not in association with indicators. I see alot of youtubers use them to make their strategies look like they are working well but in reality they are not so be careful
@Zouhair Allali price is off a few cents with Heikin Ashi candles, it's not any big issue. You are just parroting an old wives tale and myth. If you actually used them, you would know it is not a big issue at all.
@@internationalplayboy8685 agreed. Anyway if your system makes money, nobody is pushing you to use them. There are 50 trades with 50 different strategies and everybody is making money, then we should be happy.!
I switch between both very often. Regular candles and heiken ashi.
It’s a slight difference, not off by much.
Works well for me, yes I switch HA candles to a line or how you call it just to see reality, but price is no much difference. HA show you micro trend direction and eleminates the noise for confidence. Yes if you trade 30sec 1 min TF may be they are not so good
Enjoy? I basically love it. Thank you so much.
On which time frame?
QUESTION IS--If trader was trading forex pair to hold for average duration of 3 days what time frame should be used for TREND DIRECTION?--IS IT 4 H CHART? Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower times frame trend).Trend on 4H chart may be the best trend guide for majority of forex traders.. By the time trader confirms that trend on daily chart is up, market has already gone up about 5-7 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 10--15,four H candles has enough big players/juice/force behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset to lose again. Your wisdom please.?
Heiken Ashi and supertrend? Interesting!
The faster Supertrend will always respond ahead of the slower one, will it not? But the rules require you wait until BOTH Supertrend lines agree.
. So why even bother with the fast Supertrend line?? Seems a waste of time.
. Now, if your rule said, Go long when both lines agree on Buy, go flat when ANY ONE of the lines says Sell, and go short when the other line also says Sell, and vice-versa for the opposite position, then you might have something.
isnt two confirmations better than just one
Hello will this work on the 10 second, 1 minute, 5 minute time frames?
Thank you for your clearly explanation Sir.
I think, Entrys are not correct either…new candle opens at the middle of previous candle…
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
Bienvenido y gracias por el comentario para obtener información, envíe un mensaje al nombre anterior
That's how Heikin Ashi candles work.
Best thing would b to have the ha candles for confluence Ang regulate candle to find ur entry
Hi, the calculations, on the settings.. are they the same for 4 hours or hourly time frame the atr and all that , if not what do i change to for longer time frame
What about signals. Like an alert from trading view to place a trade? By the time the 21 super trend turns green the move has happened
Thank you. A great and surprising method in its simplicity.
Hey..love your work.BOOM. I'm just a beginner.. I'm just wondering how do I place a buy or sell order on Tradingview.There is nothing on the site that specifies what section that is ??
There are many videos and articles on the internet that teach people how to do this.
Thank you. I will try it and come back for feedback. It looks great and it is in my safe folder.
Hi
Congratulations by vídeo.
Can you explain How can I create alerts when apears 2 reds or 2 greens supertrend indicators?
I am very much interested ☺️ to learn from you.
I want to become successful one day in trading. I am a beginner.
Hope you continue to teach the every aspects of Intraday amd swing trading in Stocks.
Thank you.
This strategy can be used for intraday
or intraday and swing both?
What time frame do you recommend 15 or 5?? Is it ok to use this strategy on US30??
if you look in the video he is on the 5 min time frame
Is there any repainting in this indicator?
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
Bienvenido y gracias por el comentario para obtener información, envíe un mensaje al nombre anterior
No
I noticed repainting!
The missing piece to my puzzle. Thx bro 💯💯💯💥💥
Thanks! Great results! I will share some profits with you:)
Thank you for watching!
is this working good for u ?
Hi you have posted alot of strategys but what are you still using that is good i liketo have one of the 15 min or little higher that are using a risk of reward of 1:2 with a decent winrate if you know any of this on forex ? Thank You
Boom 💥💥💥
boom awesome video thanks a ton bro
Amazing.. Thanks🙏
Thanks
@@MyTradingJourney there are so many double super trend strategies on YT. Let me try it tomorrow and see the results. You are superb. Use a parabolic with it and it will work wonders to know trend 🤩
@@drewbarrymore4051 ❤
There are a couple of situations where this trade strategy is ill defined. what if one super trend oscillates back and forth while the other one doesn't? How can you backtest if the behavior of the algorithm isn't clearly defined?
is it also possible to take the trade when both buy or sell signals are past 5 minutes ago ? or is it better to wait for a new trade ?
Wait for a new trade, I've been trying this strategy out and I've entered trades five minutes after the buy and sell signals appeared...I lost money every time.
Boom!
Boom!
Is there sound alerts for when there dual buy or sell?
Does this work on any time chart or only the 5 min chart?
Thanks for your sharing
You’re welcome
Hey loving your videos man. Can u make a video on how to do backtest?
I’ll make a back test video in the future
@@MyTradingJourney yeah thanks a bunch. Looking forward to seeing it man.
🙏
Good video thank you so much
You are welcome
good stuff thanks for sharing! BOOM!!******
boom!
awesome man
Thanks
Good Video thank you
Thank you too
Hello how do we scan for stocks to trade using this strategy..??
Nice video sir silver trading which time is suitable?
BOOM!
Can it be used for mt4 as well?
BANG 💥💥
very effective and simple strategy to trade made some money on APPL calls and puts. but this indicator repaints and it could be dangerous. Can you explain how to use this strategy for options trading..
Use it for trend direction. Sell OTM spreads with 45 DTE. Take profit at 50% or adjust at 21 DTE. You could also use it for sell cash secured puts. Use the trend direction and sell 45 DTE 10-15% below current price.
Is this indicator only on Trading View? Is there a similar one on TOS?
Only on Trading View.
What program are you using for your trading?
All good but the backtesy is wrong mate! 1) the actual entry price is never the next heikin ashi candle open. 2) You missed many losing signals in your backtest.
Just some notices! 👍
The signals on the super trend dose it reprint ??
Bhoommmmm
BOOOMMMM !!!!!!!
Thank you, great explanation. Does this indicator only work with heikin ashi or can I use candles?
Thankyou for this video is working on me. . 😘😘
I'm on Think or Swim paper trading and can't find these indicators, can you guide me! Thanx
Thank you! Love your videos and super easy to understand!
Thanks. Appreciated.
Heikin Ashi shouldn't be used on such a low time frame, isn't that the case...?
What's your experience with trading it on a 5m vs 1h or 4h time frames?
Can't say it doesn't work. Everyone trades differently, I use it and it's great!
What time frame did you use? 1h and 4h? @@pacman333
95% of winning trades, clickbait much
Hey Sir, on which platform are you trading?
@What-sapp120hey
On witch trading platform are you using?
this may be your best one yet
I don't understand the point of using two supertrend indicators if you need the second confirmation? Why not just use the one with the second confirmation?
I have to tell you a story about me. It started on the 8th of September when I listened to your video. I listened to your trading strategy utilizing the QQE Threshold and the Extreme Trend so I adjusted my game. Today is the 29th of September. It is approximately 21 days after I started utilizing your strategy and indicators. My God, I am
$277,250.00 Dollars in profits. So far I have done 21 trades and I have only lost two times because of errors that I committed. Thank you so much for your help and your expertise.
What was your initial amount?
@@rombusworkmoney22 10 BTC...
Hi can I get in touch with you to get little more help.... Please i am in real dilemma...i hope you can understand what i mean to say
can you specify what strategy, please. I did not find QQE Threshold and the Extreme Trend strategy in the lists. Thank you.
First
Boom!
Hey does this work on higher time frame?
Love this channel.
Can I send u a trading strategy for u to test out? Thanks in advance my friend
Excellent. Thx a lot. Is backtest available.
Boooooom!!!!!!!!!!!!!
Thank you 😊
Been playig with this very iteresting . Is there a way to get these signals without sitting in frnnt of a screen all day
Are these indicators available on Think or Swim?
BOOM
What about fake signal? To avoid fake signal we should RSI indicator
I agree. Been doing backtesting and noticed that taking entries only when RSI is above 50 for long trades, and below the 50 level for short trades avoids some losses.
Great work about for the weekly settings ? Thanks cheers
hi, do you use this yourself often?
My question to you is after adding these indicators to my charts and loading multiple pairs for the 5M TF I've noticed multiple times the 2nd indicator in alignment with the 1st indicator. Also it's hard to know if this repaints because replay mode is NOT ALLOWED, but in normal mode it does repaint. Not much but it does. Not sure if this matters because I can't know for sure unless I screen record for hours or days then re-watch to see what happened with live data. Also do you know how many reputable trades per day or per trading session this indicator strategy actually produces?
Bro here is why heiken ashi comes in help if u see the supertrend as per the signal and the heiken showinf good fat candles single wick then it is good to go . I know that this repaints but such situations are when there is an uncertainty . The best u can do is to wait for 2 big fat heiken candles to happen and if the supertrend situations are good then u can go . I often use such technique. Because when u tend to confirm the trend the profit might be a bit less but u will be safe from a false signal
The fact that ur willing to screen record shows a lot about u vs others that take these 5 min easy win videos as truth and don't back test or comment good strategy without even trying it out for themselves 1st.... 😎👍 at least ur willing to do ur home work
Despite the economic downturn, I'm happy😇 have been earning $60,200 returns from my $10,000 investment every 7work days?
Very Nice...
Thanks
does it work on gold
You are waiting for second one to open position, why do we need the first supertrend (21 - 1) ? :) no need to have 2 supertrend :D
Boom
I backtest that strategy, 53% of winning trades, not 95%, be careful.
the buy/sell indicators usually fail with consolidation prices, and price is ranging like 70% of the time
Nice one
Can this work on any time frame?
Boooooooommmmm, thanks
Supertrend at TOS??
I wish Webull had the double Super Trend
Your “entries” shouldn’t be the open of a heikin ashi candle. That’s not the real open. That is a calculated price based on the previous candle….
Nice