A Moving Average Indicator that is 10 Times More Accurate: A Complete Trading Strategy
Introduction
When it comes to technical analysis in trading, a moving average of a price is an essential tool that can determine the market’s trend and act as support and resistance. But what if I told you that I have found a free indicator on TradingView that is 10 times more accurate than a regular moving average?
Using the Sentiment Range MA Indicator
The Sentiment Range MA indicator offers a dynamic view of market activity, emphasizing stability and choppy market areas. It filters out noise to provide a clearer view of the market situation, showing bullish, bearish, and consolidation phases. The indicator is more accurate than a regular moving average and gives clearer signals based on market dominance.
To install this indicator on your chart, log into your TradingView account, open any market, and search for the Sentiment Range MA indicator created by Chart Prime. Customize the settings for the moving average length, sensitivity, and range multiplier to suit your trading preferences.
Building a Trading Strategy
To build a profitable trading strategy using the Sentiment Range MA indicator, we will combine it with two more indicators: the Parabolic SAR with algorithm and alerts by Lonesome Blue, and the Multi-Timeframe Supply and Demand Zones by Lenny Karuu. These indicators together can improve your trading decision-making and increase your odds of success.
Rules for Long Trades
For long trades, you must ensure there is an upward trend in the market, as indicated by the price moving above the Sentiment Range MA. The moving average should be at least two time frames higher than the current time frame to confirm the long-term bias. Wait for a buy alert and buy near a demand zone. Set your stop loss below the Parabolic SR dots and target at least two times the risk.
Rules for Short Trades
For short trades, confirm a bearish market trend using the Sentiment Range MA indicator. Wait for a sell alert and sell near a supply level. Set your stop loss above the Parabolic SR dots and target at least two times the risk. Following these rules can help you make profitable trading decisions in both bullish and bearish market conditions.
Conclusion
By using the Sentiment Range MA indicator along with the Parabolic SAR and Supply and Demand Zones indicators, you can create a complete trading strategy that is highly accurate and profitable. Remember to backtest any trading strategy before using it with real money, and stay disciplined in following the rules outlined in this tutorial. With the right tools and knowledge, you can improve your trading results and become a more successful trader in the financial markets.
Sir Malik genuinely cares about your success and goes above and beyond to help you achieve your goals. investors can trust that their funds are being managed by a skilled trader who prioritizes their financial well-being. You're the best Sir Malik, thanks for everything sir
With Sir Malik you can trust that your investments are in safe hands. His attention to detail and meticulous approach to trading are what make him stand out in the industry. There are no hidden fees or surprise costs when working with Sir Malik. His commitment to excellence is evident in the consistent returns he delivers to his investors.
also community script
This is my favorite thing, as it aligns with the stragegy I'm already using. It gives confidence for stoploss and I can enter early….❤❤
Malik's professionalism is evident in every aspect of his trades. He approaches each investment opportunity with diligence, conducting thorough research and analysis to identify the most profitable trades. This attention to detail ensures that investors receive the highest possible returns on their investments. Sir Malik understands the importance of consistency in trading, which is why he consistently delivers results that exceed expectations.
Malik is highly professional in his approach to trading. He meticulously analyzes market trends and implements strategic trading strategies to maximize profits while minimizing risks. His commitment to professionalism is evident in the consistent returns he generates for his investors. By staying up-to-date with the latest market developments, Malik ensures that his investment decisions are well-informed and based on thorough research.
One of the things that sets Zane apart from other traders is his honesty and hard work. He doesn't promise overnight success or make unrealistic claims. Instead, he focuses on providing his clients with solid strategies and guidance that actually work. He takes the time to understand your individual trading goals and tailors his approach to help you achieve them. This level of personalized attention is truly invaluable and has made a world of difference in my own trading journey.
Test chartprime rsi primed, It’s also a free indicator
This would be better with Fluid trades SMC lite
too many false signal and changed everything i could the time fame is hard to match on futures trading
Very engaging. Tried many trading EA/Indicators out there none works out well, can someone recommend any, my finance is draining by the management of wrong people.
Anyone knows where is the original creator voice of this channel also where is the strategies sheet ?
useless
anyone tested this strat?
My tradingview gives me max amount of 2 indicators in the same time. Is there a way to make it 3?
Took a look on those exact settings on the ETH 1 hr, on bar replay I got about 5 losses in a row so that's enough backtesting for me… Maybe it does well in trending markets but so do a great many strategies!
which is the best indicator reflecting sideways or choppy market to avoid taking trade
Why don't you do the Backtesting any more?
amazing video, but im very curious to see how infinity algo performs, love ur videos 😀
Shitty indicator
Thank you again sir <3 Fantastic video.
Love this one!
Thanks, that's great👌🌺
Looks good, I like the filter for chop. Be careful about “look ahead bias” when using data from a higher timeframe
At 7:11 you say the four hour chart but the chart displays 2 hr chart ? Help?
Can I request any video topics?
trading with indicators are useless it better to focus on technical analysis. if you use indicators moving average is enough otherwise you will confuse your self by deficient indicators
Wow📍📍