For the video I simply wanted the signals to be objectified. And I used SMA 70. Why? Both indicators can be used to identify potential buy and sell points, but EMA is preferable when analyzing short-term movements as it responds to new market data more quickly than SMA. However, I personally don't use an EMA strategy, but rather an indicator-based strategy with buy and sell signals. For this, I use the SMA as a trend line, i.e. either as a support or resistance line. This in turn means that an indication of possible trend changes can be seen. For example, if the SMA line crosses from bottom to top, the price can be assumed to rise, so that traders receive a buy signal. I have determined that the SMA 70 works best for my strategy.
Thanks for your suggestion. My channel is about scalping strategies that can be used in 1, 3 and 5 minute time frames to achieve quick success. Sorry, but I won't show a 1-hour strategy on my channel. The maximum would be a strategy for a 15-minute time frame.
I'm not sure if I understood your question correctly. But I can at least say this: This video is not about presenting you with a finished strategy, but rather possible buy sell indicators that have potential. To compare them better, I added 70 SMA as a confirmation line. Now that we have found some good indicators and that includes Trend Sniper, in the next videos I will try to develop a strategy using the best indicators shown in the video. Your support means a lot!
Just subscribed! Please make the video on which one you chose and what are the parameters in the settings that works best? Thanks !
Hey, thanks for subscribing! I'll be covering the settings and parameters in my next video, so keep an eye out for that!
Almost all of them seemed to be profitable. Good backtesting and very straightforward. Thanks my friend
Glad you enjoyed it
rmi trend sniper indicator is not printing buy sell arrow. please check
The more confirmations, the better, new subscriber.
Thanks for subbing
Why do you use a smma indicator compared to a ema indicator, just curious? I would love to hear your thoughts.
For the video I simply wanted the signals to be objectified. And I used SMA 70. Why?
Both indicators can be used to identify potential buy and sell points, but EMA is preferable when analyzing short-term movements as it responds to new market data more quickly than SMA. However, I personally don't use an EMA strategy, but rather an indicator-based strategy with buy and sell signals.
For this, I use the SMA as a trend line, i.e. either as a support or resistance line. This in turn means that an indication of possible trend changes can be seen. For example, if the SMA line crosses from bottom to top, the price can be assumed to rise, so that traders receive a buy signal.
I have determined that the SMA 70 works best for my strategy.
I am waiting for you to try it in 1 hour crypto charts. Thank you sir.
Thanks for your suggestion. My channel is about scalping strategies that can be used in 1, 3 and 5 minute time frames to achieve quick success. Sorry, but I won't show a 1-hour strategy on my channel. The maximum would be a strategy for a 15-minute time frame.
practically with trend sniper you only make trades in favor of 70 mm.
I'm not sure if I understood your question correctly. But I can at least say this: This video is not about presenting you with a finished strategy, but rather possible buy sell indicators that have potential. To compare them better, I added 70 SMA as a confirmation line. Now that we have found some good indicators and that includes Trend Sniper, in the next videos I will try to develop a strategy using the best indicators shown in the video. Your support means a lot!