New EliteAlgo 3x EMA Strategy! Confirmed Working For Stocks, Forex, & Crypto! 80% +++ Win Rate
This is just preference, but you want to make sure that if youre scalping, you need to be using the five minute tile frame and nothing lower. If youre intraday trading, you want to be using the 15 minute and the 30 minute time frame and if youre swing trading guys, you want to be using the one hour and the four hour time frame so make sure you pick the time frame for the type Of training that you want to do all right next up what you guys want to do is you want to go over to elite algo? You want to hit that settings icon and then you want to have the same exact strategies as me, or something a little bit different and ill explain in a second so for sensitivity. If youre using the regular japanese candles like im using right here on my chart, then you want to have a sensitivity of three, but if you prefer using heikenashi candles, then you want to have your sensitivity be 1.4. This is very important, so youre, either using japanese candles with sensitivity, three or hey – can actually candles with a sensitivity of 1.4 next guys. What you want to do is you want to make sure that youre still on the normal strategy, you want to have the dashboard enabled for simple. You want to go down this doesnt really matter. I just have it on for fun. You want to go down to where it says, show trend cloud, and you want to make sure that youre under the new one or the long term, one very, very simple.
Once you have all that done. Just press, ok and your ili algo settings are good to go next. What you want to do is you want to add three emas to your chart, so three exponential moving averages. The way you do. That is very simple. You just want to go indicators then, over here you just type in moving average and pick this one right here, moving average exponential, very simple: once you have three dollars on your chart, what you want to then do is hit settings on the first one, and you Want to have a length of 50 for the first one, the second one. You want a length of 100 and the third one won a length of 150. Okay, very, very simple! Then you want to press ok for the elite oscillator. You dont really need it. So for this strategy we can actually remove it now, so we have the three moving averages and we have elite algo on our charts now lets get into what the strategy exactly is alright guys so lets get into the rules for this strategy. The first rule is, you only want to be following the smart signals. This is very important, so, if its not a smart signal, you want to completely ignore it and wait for a smart signal to actually happen on your chart. Okay, the second rule is: do not trade if the candles are touching the line. So, for example, right here, we see that we have a smart cell.
We dont want to trade on this candle because it is touching the line we actually want to completely void out that trade. Okay, the candles cannot be touching any of these lines in any way, its very important all right, so rule number three for this strategy is very simple. Again, you want to make sure that the 50 moving average, which is blue on my chart, you can pick any color for yours – is below both the other moving averages if youre looking to short the market, if youre looking to buy in the market, you want to Make sure that the 50 moving average is higher than the other two moving averages if youre looking to buy in the market. This is very important, okay. So, for example, right now we have a smart cell signal and we have all three lines going downwards and the blue one is at the bottom and the candles are not touching this blue moving average and we have a red trend cloud. This is basically exactly what we need to place a trade. So what do we do? We place a trade at the candle right after the smart signal right here, so this candle right there that im pointing at is the trigger candle. This is where you want to be placing your trade now for what you want to target its very simple. Okay, your stop loss and take profits. Will look like this so over here. This is the candle we want to enter on.
What we want to do is we want to make sure that the stop loss is higher than the signal label and we want to make sure that we are targeting the previous low on the chart. So, for example, the previous low on this chart right here is this right. We want to make sure that thats, the area that were looking to take profit at something very simple like this. Now the risk of wall ratio isnt the best, but this is guaranteed to be a winning trade. Now over here we can obviously stay in the trade longer because the stock boss wasnt hit – and you can see that the momentum was still very bearish. So we could have actually kept on going until we got a buy signal. Instead, that is a different way to also take the trades of this, so either you get out where the previous low is or the nearest resistance or support, or you get out at the opposite candle signal. So let me show you guys a couple examples of the strategy. Just so you guys can actually understand it very well. Okay, so heres an example of a good trade right. We have a red trend cloud, which means that we are currently in a bearish trend. We have all three moving averages going downwards and the blue is underneath both other moving averages now. The last thing we want to do is we will make sure we have a smart signal and make sure that the candles where the smart signals are are not touching any of these lines.
We see that they arent, so this actually is a good trade. So where do we want to place the trade here at the beginning of the candle after signal so over here? Next, we see that we have two targets that we can aim to look for. The last low was right here and we have over here. So these are the targets that we want to look for, so if the price were to come back down into this area, this is where we want to exit the trade and the stop loss. We just want to make sure that it is higher than where the smart cell label is so over here where to run this trade lets see what happens as we can see. The price is going to end up hitting our take profit and going to this area right here, like we said where the last low was going to be right, this would have been a very good winning trade. Now, let me show you guys another example of that. Okay, so heres another example of a good trade that we have right here. For a short, we have a red trend cloud. As we can see. We have all three lines starting to head downwards. We have the green sorry, the blue moving average below the other two moving averages for a short its exactly what we want and we have a smart sell signal. So what do we want to do here? We simply just want to take a trade and we want to either aim for the last low which is over here or over here.
We see theres another low around this area. So this those are the two targets we are looking to aim for lets see what happens on this trade. We can see the price just goes down and keeps going down, and this would have been another good trade to take right here, very, very simple strategy. Now let me show you guys a couple buy scenarios, so you guys can understand exactly what to look for when youre placing a buy in the market. Okay, so heres another example of a buy signal this time. So we have the green trend cloud thats step number one number two: we want to make sure that the candle where the buy signal is, is not touching one of these lines right, we can see this candle right. Here is not touching one of these lines. You want to make sure that the blue moving average, the 50 moving average is above the other two moving averages and that we have a smart buy signal. We have that over here. So now we want to do. Is we want to again just place the trade so its going to look something like this were going to move the stop loss to where the label is and were going to look to aim for a new high? So the last high would be around this area, but we dont have any other highs. So what can we do here? We can actually just do a 1.
5 restore ratio. Something like this, for example, and then were going to take this trade and were going to see that the price goes up and smashes our take profit very easily. Okay, so heres. The last example for a buy signal, as we can see green trend cloud so were in a bullish movement. We have the blue moving average, the 50 moving average above the other two moving averages and the candles where the signal is is not touching the moving average and we have a smart buy signal. So we wan na do here again. We just wan na take a place, a trade, our stop loss is behind the label for the smart, buy and our target, since we do not have a target to aim for right here. What well do next is simply just set a 1.5 resort ratio. Something like this and then were gon na run the trade and see exactly what happens. As you can see guys that gets hit very, very easily right there very, very simple strategy, guys and thats, pretty much it. If you guys enjoyed this video, all you got ta. Do is just like that button and subscribe for more videos in the future ill try to make more videos every single week to show you guys new strategies and improvements on strategies that you guys can follow.