☆☆☆☆☆ 3.5/5

Only 1 Line – Tradingview Indicator – MavilimW

ultimatefxtools
September 16, 2024
1 line indicator, MavilimW, Trading Indicator, tradingview
Tradingview

“Only 1 Trend Method”
“1 Indicator Strategy”
“Tradingview Indicator”

1 Minute Trading Method – Tradingview

Are you looking for a great trading strategy that can result in good profits in a short time frame? Look no further! Using the MivilimW on TradingView, you can effectively navigate the Forex market and enhance your trading experience.

What is the MavilimW Indicator?

The MavilimW Indicator is designed for swing trading and works exceptionally well in trendy markets. It can also be applied to scalping strategies, making it a versatile tool for various trading styles.

Setting Up the Indicator

Apply the following settings for optimal performance in short-term trading:

First Moving Average Length: 5
Second Moving Average Length: 8

These settings may vary depending on the currency pair you are trading, but they generally result in favorable results in the Forex market.

Trading Strategy

Observe the Indicator: The main indicator line will shift color from blue to red. This color change signifies a potential opportunity to enter a short position.
Entry Point: When the current price reaches the level of the indicator and the line turns red, it’s time to make your move.
Stop Loss: Set your stop loss at the previous average price or according to your risk management preference.
Take Profit: Aim for a take-profit ratio of 2:1 or consider doubling to a 4:1 ratio if it aligns with your strategy. As long as the indicator line remains red, you can hold your position for maximum gains.
Exit Strategy: You may take profits whenever the candle bar crosses the main indicator line for consistent returns.

This trading method allows for minimal risk while maximizing potential returns. With practice and discipline, you can achieve impressive results using the Mavi Lim W Indicator on TradingView.

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Get all of our trading strategy and premium tools for only $39.00 (LIFETIME) with additional tools and tutorials from Candlestick Pattern Cheatsheet, Risk Management, Binary Cheat Layer, Forex Premium Videos.

Reviews

Reviews: (28)

☆☆☆☆☆ 3.5/5

Is it applicable to BO Turbo?

informative video. already been subscribed and a fan of yours.. Keep it Up!!

aken basik telegramo koy

a basic indicator lol!!

not good

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