I hope you enjoyed learning about the most accurate and reliable smart money concepts trading strategy ever tested in the cryptocurrency market. With a win ratio close to 80%, a profit factor over 7, and a drawdown under 10, this strategy is definitely worth mastering. By using two key indicators, the higher high lower low indicator and the easy SMC tool, traders can identify potential trends and market reversals with precision.
The higher high lower low indicator helps traders track price action in real-time and identify key market patterns such as higher highs and higher lows in uptrends, or lower highs and lower lows in downtrends. This indicator provides a clear visual understanding of market movements and potential trend changes, making it a valuable tool for traders looking to capitalize on market trends.
The easy SMC tool, on the other hand, helps traders follow smart money or large investors who often have a significant influence on market movements. By using features such as four-hour order blocks, bullish and bearish activity labels, and market structure shift and break of structure labels, traders can anticipate market movements and potential trend shifts based on institutional trader behavior.
When it comes to implementing this strategy, traders should look for specific entry conditions for long and short trades. For long trades, traders should wait for the price to return to an order block with greater buying volume than selling volume, form a higher low during the retracement, and wait for a MSS or POS green label to appear on the chart before opening a long position. For short trades, the rules are similar, but traders should look for dominant selling volume inside the order block, a lower high formed during the retracement, and a breakout to the downside before opening a short position.
It’s important to note that no trading strategy is foolproof, and losses are a part of trading. Even the most accurate strategy will have losing trades from time to time. However, by following the rules of this smart money concepts trading strategy and maintaining a risk-reward ratio of at least two to one, traders can increase their chances of success and profitability in the cryptocurrency market.
If you’re interested in trying out this strategy for yourself, make sure to install the higher high lower low indicator and the easy SMC tool on your trading chart. Adjust the settings as necessary, enable multi-time frame order blocks, and follow the entry conditions outlined in this article. With a clear understanding of how these indicators work and how to implement the strategy, you’ll be well on your way to mastering the most accurate smart money concepts trading strategy in the cryptocurrency market.
I hope you found this tutorial helpful and informative. If you have any feedback or questions, feel free to let me know. Stay tuned for more trading strategies and tips in future articles and videos. Happy trading!
