Tendencia Vana Bolsa Indicator with DD Index Improved with Extreme Signal

The Revolutionary Trading Strategy

Magic Indicator Strategies is dedicated to providing you with the most efficient strategies and trading tools to give you a trading edge in the market. This method works for Forex, cryptocurrency, stocks, and any other market with a high level of liquidity. It shows excellent results on shorter time frames, such as one minute and five minutes.

Step-by-Step Guide to Setting Up the Indicator

Let's dive into the strategy with extreme signal analytics that is extremely easy and delivers fast, profitable results. This strategy is unique, and I'm sure you'll realize how it gives us an incredible advantage. We're sharing this secret strategy with you for free so that you can make consistent profits from trading.

Tools Needed

1. Tendencia Vana Bolsa Indicator: This is the green and red arrow indicator on the chart.
2. DD Index Improved with Extreme Signal: This is the bottom indicator.

Setting Up the Tendencia Vana Bolsa Indicator

1. Search for the Indicator: In the TradingView search box, type "Tendencia Vana Bolsa" and select it.
2. Adjust the Settings:
   • Change the plot option from Cross to Line.
   • Set the High Length option from 103 to 22.
   • Set the Low Length option from 103 to 30.

Setting Up the DD Index Improved with Extreme Signal

1. Search for the Indicator: In the TradingView search box, type "DD Index Improved with Extreme Signal" and select "Extreme Signal by Dhruv."
2. Adjust the Settings: Keep these options hidden to simplify the chart.

Now, your setup is ready! If you're learning something new, please subscribe to our YouTube channel for more such strategies.

Trading Strategy

Long (Buy) Position

1. Buy Signal: The Tendencia Vana Bolsa indicator gives a buy signal.
2. Confirmation: The DD Extreme Signal indicator should plot a bar above the zero line.
3. Bullish Candle: The market must form a bullish candle.
4. Entry: Place a buy order.
5. Stop Loss: Set it at the low of the previous candle of the signal candle.
6. Risk to Reward Ratio: Set it at 1:1.5.

Short (Sell) Position

1. Sell Signal: The Tendencia Vana Bolsa indicator gives a sell signal.
2. Confirmation: The DD Extreme Signal indicator should plot a bar below the zero line.
3. Bearish Candle: The market must form a bearish candle.
4. Entry: Place a sell order.
5. Stop Loss: Set it at the high of the previous candle of the signal candle.
6. Risk to Reward Ratio: Set it at 1:1.5.

Example Trades

Let's see some practical examples to understand how this strategy works:

Buy Example

1. Buy Signal: The Tendencia Vana Bolsa indicator gives a buy signal.
2. Confirmation: The DD Extreme Signal indicator plots a bar above the zero line.
3. Bullish Candle: The market forms a bullish candle.
4. Entry: Place a buy order.
5. Stop Loss: Set it at the low of the previous candle.
6. Risk to Reward Ratio: 1:1.5.
7. Result: The trade runs in profit and hits the target.

Sell Example

1. Sell Signal: The Tendencia Vana Bolsa indicator gives a sell signal.
2. Confirmation: The DD Extreme Signal indicator plots a bar below the zero line.
3. Bearish Candle: The market forms a bearish candle.
4. Entry: Place a sell order.
5. Stop Loss: Set it at the high of the previous candle.
6. Risk to Reward Ratio: 1:1.5.
7. Result: The trade runs in profit and hits the target.

Final Thoughts

This trading strategy is simple yet highly effective. If you found this strategy helpful, please subscribe to our YouTube channel and stay tuned for more trading tips and strategies. Thank you for watching, and happy trading!