Accurate Trend Lines Trading Strategy **ADVANCED**
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- čas přidán 19. 06. 2024
- Access premium trading indicators at luxalgo.com - In this video we cover how to draw trend lines for trading stocks, crypto, forex, etc. Multiple methods are shown including breakout / retest, drawing trend lines as a zone, using a specific angle to find ideal trend lines, as well as how to analyze price action when trading trendlines.
Trend lines are recognizable lines that traders draw on their charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction and also areas of support or resistance.
Trendlines can work on any timeframe, supporting scalpers, swing traders, or even investors to find actionable areas to help them make smarter decisions when entering a position.
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0:00 What is a Trend Line?
0:57 How To Draw Trend Lines
1:55 How To Trade Trend Lines
3:20 Avoid False Trend Line Breakouts
3:55 Chart Patterns + Outro
All of the content on our CZcams channel is for educational purposes only. No data, content, or information provided by LuxAlgo, the Site, or the other products and services of LuxAlgo, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
CFTC Rule 4.41 - Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Trading is risky. You must be aware of the risks and be willing to bear any level of risk to invest in financial markets. Past performance is not necessarily indicative of future results. This channel and all individuals and entities affiliated with this channel assume no responsibility for your trading results or investments. If you don’t agree with these terms or the full disclaimer (www.luxalgo.com/legal-pages/d...) you should not continue watching our videos.
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how to get indicator sir..
I have not lot money 🙏🙏
So basically this video is about Lux Algo's inability to program an auto rotated rectangle trend line indicator and instead how one should manually do it using trading view's tool! Wow! Clap clap
@@SaintAlphaOmega We have done numerous auto trend line indicators, possible we will do a rectangle styled one eventually, but there are always a larger majority of traders who manually draw trend lines.
Doesn’t hurt to educate the best ways with straight to the point content. 95% of everything we do is free & open source for the community.
@@LuxAlgo Nice reply! Yes, i'm aware of auto trend line indicators out there, even one by Lux Algo. But the existing one by Lux Algo isn't upto the mark. You could improve it or get another one out soon that's better (auto)! An auto trendline (rectangled style) that follows the close priceline would be great! Thanks for the response.
I just subscribed. Loving your educational content .. keep up the good work
This channel's videos always makes learning fun and I remember it easier than the videos where people are just talking. Thank you for this.
Thanks Lux Algo!! Nice and clean video.. i can’t wait to see the next one💪🔥
I have tried most of the indicators in trading view but your indicators are found to be most powerful indicators if used properly......and I really thank from the heart.
Please continue w/ these vids. Short but to the point. Learned something. Thx
we definitely need a video on chart patterns
love your videos btw
👍
I have officially doubled my money using your indicators....Its like night and day and no longer ...my best are in stocks..but now commodity futures markets..OJ in the past month alone..I cannot thank you enough..
This is on point!! Fantastic video
Very useful information thanks for sharing
Outstanding- would definitely like more on same topic
Thank you. This short vid opened my eyes.
Thanks for the informative content. Well explained as always. More content on chartpatterns would be highly appreciated. Thanks! 🙂
Fire vids as usual 🛸🔥🏌🏾♂️
Premium content. Informative and never a waste of anyone's time! Thanks!!
Very helpfull indicator thanks.
thanks, it was helpful
I just wanted to say thank you for all the great content on your channel. FN and you are life to me!
Thanks for the strategy, very helpful for beginners
Good job...., keep posting video and sharing indicator....its awesome 😀😀😀
I really love your videos Thank you alot for sharing :)
This is what I was looking for! Thanks :)
Wow! Well done video! Really appreciate your expertise and sharing it like this! It simple and to the point! Yes! If your time allows chart pattern vid would be amazing! Thank you again!
Great content.......thanks!!
Good explanation sir
Its super helpful ....Thanks verymuch.....
More like this! 🙏
very good information
Many CZcamsrs are actually elaborating your strategies, who made millions of followers. I wish you to reach a larger audience, as you are the content creator.
Wonderful stuff, as always
Short , crisp, to the point no BS and valuable too 🥇👌
Thank you! Glad you enjoy:)
Great explain...
Thank you. Absolutely, make the next video on tranding lines
Superb
THANK YOU. YOU my man are good. I was waiting for you to mention zone. Guys think of it as supply and demand zones. Always place a zone on the support and resistances. For the newbies, work the daily chart first. APPL will ALWAYS give you text book price action. I wont buy your indicators because I don't believe in it but you definitely got a new follower. Respect to you.
Thanks man
A video about price actions please
Great content
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
good videos, very clear.
Great one, more please
Love the videos.
Seriously , learning material.
Super Helpful 👍
❤🔥
Superlike! Please make a video on chart patterns & how to use them in an optimal way ❣
love this vid
thank u 😍
Post more videos like these please
Best video!
Great video, Thank you! I would love to see a chart trading video or pro-strategy on discord.
More
Wow I always thought differently, I always thought it was best to get as close as you can to the closing prices!!
Well done use full information tnq...
Thank you for explaining how to draw trend lines accurately and save from trap
Please show us how to ideally use the trendlines with breaks ..the specific numbers for getting good trend..thanks a ton
I love luxAlgo
Ive heard this name a lot, in great contributions.
I must subscribe. TY.
Yes chart patterns
I would love any wisdom your willing to spend your valuable time on sharing any tips on Chart Patterns.
I have to say all the knowledge I've learned from you has helped me reach a level that I started to think I'd never reach after 2 years of endless searching and searching. Thousand Thank U's for teaching me.
thank you
good luck
I have traded with many individuals but I have never met anyone as good as Terra Nguyen , just by applying her strategies I now trade independently. she is the best i would advise any investment newbie to trade with her
She is really great at what she does with amazing skills, she changed my 0.1BTC to 2.1BTC within two weeks of trading, I am now fully confident that she is reliable.
Terra Nguyen helped me to understand technical analysis, now i can examine the current chart. She is definitely the best pro trader i know.
This is not the first time I am hearing of Terra Nguyen and her exploits in the trading world but I have no idea how to reach her..
Terra Nguyen is among the best traders on the internet and I'll keep saying it every time.
this is really amazing
I'll really love a tutorial on chart patterns. thanks in advance
@Lux Algo I don't mind, it would really be nice
kindly make more videos like this...
i like it sir
yes on the chart patterns
This will be amazing when YOU explain the chart patterns just don't cover em all in one video & tbh your indicators are lit 🔥 ❤️from🇮🇳
Great video. What timeframe would the LuxAlgo indicator use to map out Trendlines on a chart? I’d the free version different from the paid version of Trendlines? Thanks!
What indicator do you recommend for this, timeframes? Thanks!
Superb ❤🧡💚
Would love to see charts patterns and support and resistance vids
💖💖💖GRÊÂT VÎDÊÔ💖💖💖
New sub!, 💯
Hello, please reply... give me a more detailed video about predicative sr ranges thanks in advance for your reply !!!
Love it pls if u can put all videos together n suggest best settings , m a premium user
How do I confidently look for price action? 2:14
4:24 Of clear definitive to the point Breakout Strategy Information.... How many trading courses are this short and free , hmmm ❗️👌✌️
extremely useful video! sheesh
Please make a video of everything on chart pattern
I like like it
❤️❤️❤️
Please teach divergence strategy
Post the video how to predict next candle sir?
Please cover all the chart pattern from zero to advance im eagerly waiting to watch ❤
🙏
Plz make pattern chart video
Do you cover the topics of chart pattern?
What is the timeframe you use to make the trend lines
Aye what’s the song in the background
On trading view what is the drawing tool called?
Where do I get your trendline indicator with perfect Break outs,
In a scenario where price does not retest the trend line and continues to sell off, when would you have known to enter the trade as a short seller?
Hi bro how do you define Ranges ?
May I know what are the recommended timeframe?
Hello sir how are you sir ur support and resistance indicator not work in live market plz make a indicator on support and resistance
which time frame is ideal for trading ?
What is the best time frame for trend line?
What is the proper timeframe to draw trend line
What is the best time frame to draw a trendlines, and which time frame do you use to execute a trade
Sir what exact time frame to valid trendlines.
WHAT WOULD BE THE SETTINGS? IS IT DEFAULT OR 24 / 1.6 / ATR?
Hello brother. I am learning from you. You are good teacher. I am buying fundednext account but not sure if evaluation or express is good? help me please