Good one! Here's another for you to review- currently over 20 profit factor for me: Go long when price drops to a bullish order block, rejects it, and moves up IF aligned above the VWAP anchored to the weekly. No EMAs needed.
Too vague. For example; what does “anchored to the weekly VWAP” mean? Anchored VWAP means anchored to a specific starting point in time, like to a specific bar. Did you mean just use a VWAP based on the weekly timeframe? The strategy sounds interesting. Would like to see clear specifics so someone can test it.
It is absolutely stunning that I have actually traded very, very similarly to this on a hunch as a complete noob. I still use almost the exact same strategy to this day.
@@asmr_reviews I get long stretches of profitability and then get destroyed due to lack of discipline and exposing myself too much on a single trade. If I could consistently stick to the plan I would be profitable. Got some tough work to do on the psychology department.
The thing I like about your entry technique is it prevents you from being stopped out by a complex pullback where there’s a second or third spike against your entry level. Waiting for that RSI confirmation of the second cross means that all the trapped bulls and bears are taken out ( theoretically )
Hi Thanks for a great strategy. I have a question for the 4th criteria: For a Long position, the cross up must be higher than the last high. 1) What do you mean exactly when you say, the cross up must have a higher low compared to the last cross up? 2) Does the last high need to be in the same oversold area? Thanks again!
1. A higher low is when rsi (or price) moves up, goes down a bit and then up again. 📈 like here. This emoji shows a higher high followed by a higher low. Theres indicators to identify those if you really dong understand, but i advise you to just google “what higher high and higher low” and check the images. Its quite simple. 2. As you can see in the video, the higher lows and lower highs are usually not in the oversold area anymore.
The entry criterias seem clear and objective to use, will test it on stocks to see how it performs. Thank you very much for this valuable content as always!
Thank you for sharing Trade Pro! One got a couple questions: 1) if by the time I take a long, StochRSI is gone all the way above 80 on my entry candle, do I still take the trade? 2) if on my entry candle (always a long as example) price has gone not only under 50 ema, but also 200 ema, do I still take the trade? I would really love to know these 2 things before backtesting wrong myself. Thanks again for the quality content
To answer your second question, I think the trade is still valid as long as the 50 ema is still above the 200 ema. At the beginning when he is giving examples, he takes a trade just like this.
Awesome Strategy. Reminds me of another of your videos that I use titled "After 8 years trading........." I'd assume that this one will work on a 1 hour chart, but just need to back test. Any thoughts?
Bitcoin and Ethereum seem to always have a higher win rate, I've noticed through my testing, yours and others... The spread is a lot higher than forex pairs, but so is the RR when trailing your stop.
If you were someone who didn't have the time to sit on the charts all day and wanted to trade this strategy when a setup occurs, could you tell me how you would set your alerts for it on Tradingview for this strategy? Cheers man
I think the only option would be to set alerts for each stochastic cross then manually check the chart to see if all criteria is met. Would only take a second to check each alert.
I'm really new in trading,I have this question to ask,Example: If you bought currency pair with SL 20 pips and profit 50 pips, so later u want to sold it, is it going to be the same 20 pips SL and the same 50 pips profit target?
Sorry to comment, but in a backtest this strategy may work but in realtime it doesn't. To find a higher low or a lower high in realtime, it has to be formed first. So you are always entering the trade after the high or the low is formed. In your backtest you are entering exactly at the high or low and this doesn't work. It still can be profitable but not as profitable as mentioned in your backtest.
You are right, but when the lower/higher cross is formed, the open price of the next candle would be your trade open. This would change exact entry price, but not by much
I AM A great fan of your channel, I watch your all videos related moving average, very informative article in your videos, I learned a lot, about how to use moving average in trading it help me a lot to generate profit in trading, thanks for creating such informative article's, looking forward for another informative video
@@nevoitzhakino, it's only profutable in the period it was tested. Outside that period the strategy doesn't work well (I'm talking about 3EMA + stoch rsi + atr).
Why did you change the settings for the ATR multiplier? Did you already backtested with a higher multiplier? Like 1,5 or so? Would love to see the results on these!
Unfortunately the stop loss placement is wrong and the results are not reproduceable in real-time. The "Average True Range Stop Loss Finder" script finalize the stop loss price at the bar close. You can also observe that the price is moving in real-time bars (repainting). That means you cannot use the latest stop loss price since this will be available in the future. You can only use the previous value... Now if you use the previous value the results are crap in the BTCUSD 15min chart. Nice try though. Someone might be able to tweak the ATR multiplier to achieve better results.
Thanks Eric you're the man as always! Ps are you doing these smaller timeframes because people like it or you guess people using a good strategy like this often combine it with leverage and more smaller trades equals more GAO and better cashflow? All the best! (I wondered because why not be a hodler and use Daily or Weekly and go with let's say EMA crosses of like 8, 13, 21 and 50 and have some rules based on crosses?) Thxxx!
hmn I just wrote a quick script, not getting the same results. only 26% win rate and 0.9 profit factor. maybe ill tinker with it to see if i can get a better outcome as the strat seemed pretty cool
Everything ok if you trade 24/7. What if you have ‘only’ 10 hours daily to spend behind the charts?? 🤔 … I’ve find extremly different results.. any solutions for this situation? Thanks for video anyways, cheers🍻
choose London/New York trading hours, avoid Asian session. Why? because some strategies like this does not work well in ranging market (Asisan hours). Buy doing that, you save your time while filtering out some bad trades. You can always trade more than 1 currency pair to speed up the process, but note that some pairs are strongly correleated, making you lose more or win more. Psychology and strict money management are a must when dealing with consecutive losses
With this tight multiplier of the ATR-S/L-finder, the position size, based on 1% risk, will be veeeerrryyyy big, so the trading fees (based on market entry and exit) are almost as high as the risk.....
I wrote an EA follow exactly your criteria and put it in a few years backtest but the result is poor, even with the same period I saw in your video (Around 2022.06) it is not that good . Maybe there are something else affect the result but you didn't mention in the video ? If you are willing to share, please.
< *Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*
That's the thing with making this kind of video backtesting strategies.. nobody ever shows them in real time going forward when rsi constantly changes instead of the snapshot of that specific tf
Does this guy really make any money from Forex market at all? I doubt it. A professional trader never keeps jumping from one strategy to another like what he is doing on this channel. Backtesting a few signals on a random pair ERRCHF, I can tell this strategy is an absolute garabage. It might work ok in trending market but you will have terrible result during consolidation/ranging conditions
@@gjob83 you can pick any strategy that you feel comfortable with, but you should spend plenty of time backtesting and focusing mainly on reducing bad trades. I personally use supply and demand to draw zones of interest on daily TF, wait for price to reach those zones. Entry on 1m or 5m TF, I find price often reacts (bouncing) strongly within these zones. I also use ichimoku cloud and moving averages plus fib levels to pinpoint better entry. Again, it does not matter what strategy you use, it is more important that you can master it the way other traders don't see
It's a absolute garbage strategy In backtest you set buy position when stochastic was in overbought area. This guy doesn't make money over any of these strategy. Don't fool yourself. You can not make money by watching any youtube videos
Hey how you doing?I been following you for awhile now and haven't been seeing you're videos for awhile now,time goes quick,so i remember and typed your channel in and see you been posting i just haven't been getting them on my feed and i have the bell clicked.How's life going with you and your girl or is it wife?You was moving around and stuff,glad to see everything is good and your posting though.
![🔴 BEST MACD Trading Strategy [98% Win Rate]](http://i.ytimg.com/vi/sPvbXMY3zjY/mqdefault.jpg)
I respect you for keeping the win rates real. %99 of similar channels would have given this strategy at least 70%.
Good one! Here's another for you to review- currently over 20 profit factor for me: Go long when price drops to a bullish order block, rejects it, and moves up IF aligned above the VWAP anchored to the weekly. No EMAs needed.
Too vague. For example; what does “anchored to the weekly VWAP” mean? Anchored VWAP means anchored to a specific starting point in time, like to a specific bar. Did you mean just use a VWAP based on the weekly timeframe? The strategy sounds interesting. Would like to see clear specifics so someone can test it.
It is absolutely stunning that I have actually traded very, very similarly to this on a hunch as a complete noob. I still use almost the exact same strategy to this day.
Have you been profitable?
@@asmr_reviews I get long stretches of profitability and then get destroyed due to lack of discipline and exposing myself too much on a single trade. If I could consistently stick to the plan I would be profitable. Got some tough work to do on the psychology department.
You're a good dude in a sea of shills. You deserve every penny that comes to you man
Hey thanks for the backtest . whats your view on " inverse fisher transform " indicators ? Like the one from KivancOzbilgic .. cheers
The thing I like about your entry technique is it prevents you from being stopped out by a complex pullback where there’s a second or third spike against your entry level. Waiting for that RSI confirmation of the second cross means that all the trapped bulls and bears are taken out ( theoretically )
Thanks for sharing this. What software do you use for back testing?
Hi Thanks for a great strategy. I have a question for the 4th criteria: For a Long position, the cross up must be higher than the last high.
1) What do you mean exactly when you say, the cross up must have a higher low compared to the last cross up?
2) Does the last high need to be in the same oversold area?
Thanks again!
1. A higher low is when rsi (or price) moves up, goes down a bit and then up again. 📈 like here. This emoji shows a higher high followed by a higher low. Theres indicators to identify those if you really dong understand, but i advise you to just google “what higher high and higher low” and check the images. Its quite simple.
2. As you can see in the video, the higher lows and lower highs are usually not in the oversold area anymore.
Are you going to code this one for the patreon subs?
The entry criterias seem clear and objective to use, will test it on stocks to see how it performs. Thank you very much for this valuable content as always!
Thank you for sharing Trade Pro! One got a couple questions:
1) if by the time I take a long, StochRSI is gone all the way above 80 on my entry candle, do I still take the trade?
2) if on my entry candle (always a long as example) price has gone not only under 50 ema, but also 200 ema, do I still take the trade?
I would really love to know these 2 things before backtesting wrong myself.
Thanks again for the quality content
To answer your second question, I think the trade is still valid as long as the 50 ema is still above the 200 ema. At the beginning when he is giving examples, he takes a trade just like this.
@@travispletsch3547 thank you, I missed it!
Yes to both.
The Stoch Rsi with crossover Arrows indicator really helps to visualize these crosses. Brilliant Strat. Thank you!
Have you back tested any strategies for /es futures? Thanks
Very promising strategy and realistic approach! Thanks!🎉
where do we find these indicators to apply my charts doesnt have them like that
Awesome Strategy. Reminds me of another of your videos that I use titled "After 8 years trading........." I'd assume that this one will work on a 1 hour chart, but just need to back test. Any thoughts?
You have a new best every week it seems
I love you work. You have far better understanding of the process!
Thanks for awesome video. Would like to know if you think this strategy is limited to 15min time frame?
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
͟E͟n͟d͟e͟a͟v͟o͟u͟r͟ ͟t͟o͟ ͟m͟e͟s͟s͟a͟g͟e͟ ͟o͟n͟ ͟W͟h͟a͟t͟s͟A͟p͟p͟✙͟2️⃣3️⃣4️⃣7️⃣0️⃣3️⃣8️⃣3️⃣0️⃣5️⃣7️⃣3️⃣1️⃣
Bitcoin and Ethereum seem to always have a higher win rate, I've noticed through my testing, yours and others... The spread is a lot higher than forex pairs, but so is the RR when trailing your stop.
If you were someone who didn't have the time to sit on the charts all day and wanted to trade this strategy when a setup occurs, could you tell me how you would set your alerts for it on Tradingview for this strategy? Cheers man
tradingview allows only 1 alert if you have free account. Why not using MT4 alerts which can notify you via its app or email
@@johnlee1759 I want the alerts on Tradingview. I have Tradingview pro account
I think the only option would be to set alerts for each stochastic cross then manually check the chart to see if all criteria is met. Would only take a second to check each alert.
I'm really new in trading,I have this question to ask,Example: If you bought currency pair with SL 20 pips and profit 50 pips, so later u want to sold it, is it going to be the same 20 pips SL and the same 50 pips profit target?
Thank you for this Amazing Strategy...
Maybe I overlooked it but what platform are you using?
Sorry to comment, but in a backtest this strategy may work but in realtime it doesn't. To find a higher low or a lower high in realtime, it has to be formed first. So you are always entering the trade after the high or the low is formed. In your backtest you are entering exactly at the high or low and this doesn't work. It still can be profitable but not as profitable as mentioned in your backtest.
You are right, but when the lower/higher cross is formed, the open price of the next candle would be your trade open. This would change exact entry price, but not by much
I AM A great fan of your channel, I watch your all videos related moving average, very informative article in your videos, I learned a lot, about how to use moving average in trading it help me a lot to generate profit in trading, thanks for creating such informative article's, looking forward for another informative video
which TF is most reliable using this? or 15m is most recommended?
Love this strategy, thanks bruv
I am really keen to see a script version of this too. The 3ema + stoch rsi + atr is my preferred script and I would like to compare these two
agree!! we need the script
May you have this script?.. It Profitable?
@@nevoitzhakino, it's only profutable in the period it was tested. Outside that period the strategy doesn't work well (I'm talking about 3EMA + stoch rsi + atr).
Great stuff! Thx for sharing it with us
Hi @tradepro, do you consider transaction fees to calculate the gain on your account?
anyone?
Yes
Why did you change the settings for the ATR multiplier? Did you already backtested with a higher multiplier? Like 1,5 or so? Would love to see the results on these!
If it checks out even close to this on a larger sample size most definitely number one on the spreadsheet…Nice
Unfortunately the stop loss placement is wrong and the results are not reproduceable in real-time. The "Average True Range Stop Loss Finder" script finalize the stop loss price at the bar close. You can also observe that the price is moving in real-time bars (repainting). That means you cannot use the latest stop loss price since this will be available in the future. You can only use the previous value... Now if you use the previous value the results are crap in the BTCUSD 15min chart. Nice try though. Someone might be able to tweak the ATR multiplier to achieve better results.
Thanks Eric you're the man as always! Ps are you doing these smaller timeframes because people like it or you guess people using a good strategy like this often combine it with leverage and more smaller trades equals more GAO and better cashflow? All the best!
(I wondered because why not be a hodler and use Daily or Weekly and go with let's say EMA crosses of like 8, 13, 21 and 50 and have some rules based on crosses?) Thxxx!
great one. can you do a test with the same strategy on a 5 min. chart?
hmn I just wrote a quick script, not getting the same results. only 26% win rate and 0.9 profit factor. maybe ill tinker with it to see if i can get a better outcome as the strat seemed pretty cool
Really nice strategy, thanks for sharing. Always a 👍 for me.
Great video! You mention about improving strategy performance with better trade management towards the end. Could you explain about this at all?
Can Stochastics be used instead of Stochastics RSI?
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
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Is there any comission fee in this strategy ?
is it only for crypto
Can you trade it in forex markets ?
Everything ok if you trade 24/7. What if you have ‘only’ 10 hours daily to spend behind the charts?? 🤔 … I’ve find extremly different results.. any solutions for this situation? Thanks for video anyways, cheers🍻
choose London/New York trading hours, avoid Asian session. Why? because some strategies like this does not work well in ranging market (Asisan hours). Buy doing that, you save your time while filtering out some bad trades. You can always trade more than 1 currency pair to speed up the process, but note that some pairs are strongly correleated, making you lose more or win more. Psychology and strict money management are a must when dealing with consecutive losses
Could we use the Trade Pro - Rejection Zone Indicator changing the EMAs to 50 and 200 EMA?
Suggestion: Create a ChatGPT for this and let it run for 30 days to see if it would pass a funded challenge (FTMO)
I like the look of this 1 looks fun to test out thanx
any recommendation for crypto trading signals provider?
I can share my trades with you but it's not for free, i do scalping with a 70% winrate
Do you always do this on the 15mins time frame?
Can you back test this new indicator: Overbought / oversold zone
With this tight multiplier of the ATR-S/L-finder, the position size, based on 1% risk, will be veeeerrryyyy big, so the trading fees (based on market entry and exit) are almost as high as the risk.....
Thank you very much for this Sir
Are you going to code this to a script?
Good strategy 💯👍🏾
I wrote an EA follow exactly your criteria and put it in a few years backtest but the result is poor, even with the same period I saw in your video (Around 2022.06) it is not that good . Maybe there are something else affect the result but you didn't mention in the video ? If you are willing to share, please.
Hi, any update on this by now?
it doesn't work in long term. just like everything else I found on youtube@@DadoRijeka
< *Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*
This is not the first time i am hearing of this woman and her exploit trading world but i have no idea on how to reach her?
I'm a beginner. How can i reach out Bernila George?
i watched her on fox she was amazing.....i am definitely writing her now, i cant miss out on this opportunity
Nice strategy.
have you included spread and costs?
Good stuff💪
I'll test this in pine!
Hi. Can you make a bot out of this?
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
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nice! I was curious on longer term back testing results, so I recreated it on TradingView 😁. Search up "TradePro's 2 EMA + Stoch RSI + ATR Strategy"
Thanks! Is the strategy working for you?
@@robertvandijk738 doesn't look like it is consistent long term, might need to optimize the parameters or add other confluences
Another insanely best strategy ever 😂
whats the name of the epic track?
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
͟E͟n͟d͟e͟a͟v͟o͟u͟r͟ ͟t͟o͟ ͟m͟e͟s͟s͟a͟g͟e͟ ͟o͟n͟ ͟W͟h͟a͟t͟s͟A͟p͟p͟✙͟2️⃣3️⃣4️⃣7️⃣0️⃣3️⃣8️⃣3️⃣0️⃣5️⃣7️⃣3️⃣1️⃣
Kindly test strategy on forex pairs too finf real accuracy
Why don't backtest it yourself?
I can write any kind of Expert advisor if you want this program automated
I did a trading bot with this strategy and it loses money when you take fees into account.
I just coded this into a bot and am now struggling to get positive results on currency.
Can you share it? 🙂
I'd love to test that bot if you care to share it.
hi it is profiitable ressaultS?
Backtest Smart Money Concept
no way. He does not have the ability to read a naked chart
@@johnlee1759 🤦🏻♂️
Just make a script then I will test it out
perfect
Using strategy on btc is not work on forex pairs
None of these strategies actually work. It's all clickbait to lure views.
@@ADAMONTAR someone finally gets it
@@ADAMONTAR totally agree
That's the thing with making this kind of video backtesting strategies.. nobody ever shows them in real time going forward when rsi constantly changes instead of the snapshot of that specific tf
Anyone tried this on forex?
Does this guy really make any money from Forex market at all? I doubt it. A professional trader never keeps jumping from one strategy to another like what he is doing on this channel. Backtesting a few signals on a random pair ERRCHF, I can tell this strategy is an absolute garabage. It might work ok in trending market but you will have terrible result during consolidation/ranging conditions
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
͟E͟n͟d͟e͟a͟v͟o͟u͟r͟ ͟t͟o͟ ͟m͟e͟s͟s͟a͟g͟e͟ ͟o͟n͟ ͟W͟h͟a͟t͟s͟A͟p͟p͟✙͟2️⃣3️⃣4️⃣7️⃣0️⃣3️⃣8️⃣3️⃣0️⃣5️⃣7️⃣3️⃣1️⃣
@@pninedmonicareytrader shut up scammer
what strategy or concepts do you suggest?
@@gjob83 you can pick any strategy that you feel comfortable with, but you should spend plenty of time backtesting and focusing mainly on reducing bad trades. I personally use supply and demand to draw zones of interest on daily TF, wait for price to reach those zones. Entry on 1m or 5m TF, I find price often reacts (bouncing) strongly within these zones. I also use ichimoku cloud and moving averages plus fib levels to pinpoint better entry. Again, it does not matter what strategy you use, it is more important that you can master it the way other traders don't see
@@johnlee1759 appretiate your feedback. best regards
Anyone in the Patreon? Worth doing?
don't waste your $$$
@@johnlee1759 right you are sir
It's a absolute garbage strategy
In backtest you set buy position when stochastic was in overbought area.
This guy doesn't make money over any of these strategy.
Don't fool yourself. You can not make money by watching any youtube videos
😄
do you have an email address? the email button doesn't respond.... thank you
Hey how you doing?I been following you for awhile now and haven't been seeing you're videos for awhile now,time goes quick,so i remember and typed your channel in and see you been posting i just haven't been getting them on my feed and i have the bell clicked.How's life going with you and your girl or is it wife?You was moving around and stuff,glad to see everything is good and your posting though.
T͟h͟a͟n͟k͟s͟ ͟f͟o͟r͟ ͟w͟a͟t͟c͟h͟i͟n͟g͟!͟!͟!͟
͟C͟o͟n͟t͟a͟c͟t͟ ͟m͟e͟ ͟o͟n͟
͟W͟h͟a͟t͟s͟A͟p͟p͟✙2️⃣3️⃣4️⃣7️⃣0️⃣3️⃣8️⃣3️⃣0️⃣5️⃣7️⃣3️⃣1️⃣✔͟️͟✔͟️͟