every single day trader that exists is
looking for the perfect scalping
indicator
that one thing that's going to give you
the cutting edge to be a better trader
i'm here to tell you there's no
magic indicator that is 100 correct
every single time to give you a 100
win rate but i'm gonna show you a free
indicator
to take your scalping to the next level
[Music]
welcome back to the channel everybody my
name's artie and this is the moving
average a show where we discuss
everything day trading to keep you
profitable on a consistent basis
so as you guys know i'm a huge fan of
indicators
i believe that computers are there in
place
to give you information that you can't
regularly see
either because you don't have the skill
set yet or you can't calculate as much
information as a computer can so if you
watched my previous video
about doing a full breakdown on naked
trading
setting up your support and resistance
levels drawing your trend lines and
getting your entries based on that
information
then you know how to trade without any
indicators
and now if you toss an indicator on top
of that strategy
that's going to get you your perfect
entry point for
every single trade so without jabbering
on for another 18 years let's jump into
the computer i'm going to show you
exactly how to set this up
and how it was created all right so this
is the exact same chart that i did in my
previous video
marking up support and resistance levels
and then showing you guys trend lines
and breaks and trends
god i love coffee so what i normally do
after i mark up all these charts
is put my indicators on now if you have
the free version of trading view
you are very limited to the amount of
indicators that you can put on your
maximum number
is three i've struggled for a while to
show you guys a decent way to set up
your charts only using three indicators
but now that is no longer a problem let
me show you how it used to go i used to
put up
three smoothed moving averages so i
would have to click this
three times and that would immediately
take up all three of your indicators
then i would put up an rsi then the
stochastic rsi
and then the engulfing candle indicator
right now that's six indicators on your
chart to help you get a better entry
and it's too much not everybody can have
that many indicators
then you have to go in and adjust the
settings for each one of those
to make it specific to how i teach in my
videos and now
officially as of last night that is no
longer an issue because now we have
the moving averages official free
indicator
on trading view so let me delete all
this mess
and show you exactly how to set it up so
in the description
of this video is going to be a link to
the discord group
it's here in the description so you're
going to click show more in the
description
and right here there's an invitation
link to the moving average official
discord group
you're going to click that link it's
going to take you to discord if you
don't already have an account it's
really quick and easy to sign up and to
get access to the group you just need to
do a quick verification to make sure
that you're actually a human being and
not
a robot scammer once you do that
verification there are different
categories here
this is where i post my new videos every
single day that i do a video
different announcements that i want to
tell you guys about we have a general
chat room 4x room crypto room
indices room commodities room if you're
selling oil and gold
we have a room specifically for
beginners for people struggling with the
basics
a full area of testimonials different
spreadsheets best brokers to choose and
my favorite place to talk is the
off-topic
chat we talk about bikes computers
vacations sitting outside
playing at the park this is where the
action happens and that's where i spend
most of my time so that's just a quick
rundown of the discord group
but right here in the first tab where it
says tma
at the bottom here we have the tma
indicator what you're going to want to
do is click
each one of these links and it's going
to take you to
trading view to show you that exact
indicator
and right here if you scroll down just a
little bit you click this add to
favorite indicators
you're gonna do that for both links
click the blue button now just to avoid
any issues
refresh the page up at the top you're
gonna click the indicators search bar
and right here in your favorites it
should pop
up it is called the arty and tma
divergence
indicator click both of those and they
will be tossed on
your chart now you do not need to adjust
any of the settings all of the settings
on here are the exact
settings that i have in each one of my
videos of how i like my indicators set
up okay so to quickly summarize
my strategy if we are above the 200
period moving average we
are looking for buys if we are below the
200 period moving average we are looking
for
cells on this indicator you get the
white line which is the 21 period moving
average
the green line which is the 50 period
moving average an
additional 100 period moving average
which is the yellow line and the red
line which is the 200 period moving
average
all of these are smoothed moving
averages they're the ones that i prefer
trading with
the most and just to visually represent
if you're looking for buys or sells at
that time
there is a light cloud from the current
price
to the moving average which is either
red or green depending on if it's an
uptrend or a downtrend now you guys know
that i like
to trade big ass candles so the previous
indicator i used to use was the
engulfing candle indicator that only
shows you
if a candle is engulfing the previous
candle in the opposite direction so that
is now
on this indicator as a built-in you will
see that with these
small individual arrows we also have an
additional one which i am
extremely excited about because one of
my favorite videos that i have made
is called the three line strike that
video is right here but basically we're
looking for a pull back to a moving
average
and then a big engulfing candle off of
that moving average so on a sell signal
you want
three consecutive bullish candles and
then one big
engulfing bearish candle that is a three
line strike three line
strikes on this indicator are shown as a
double arrow
right there so according to the strategy
the price
breaks below the 200 period moving
average
we wait for all the moving averages to
line up in order the 21
the 50 and the 200 price usually pulls
back
to the first moving average the 21 and
rejects
off of it this right here would have
been your entry candle with a bearish
engulfing
this one right here would have been an
even stronger entry point
with a three-line strike bearish
engulfing candle
each one of these you double the length
of that bearish engulfing candle for
your stop loss
and you keep your risk to reward at a
two to one
both of these entry signals got your two
to one risk to reward ratio
and just this alone is absolutely
amazing it gives you a clear
indication of my strategy so that you
don't have to add too many indicators
everything's just there for you and you
don't have to adjust the settings
the other benefit of this indicator as i
have discussed in a previous video
how to back test properly you can watch
that right here so when i showed you
guys how to back test
i told you to only look at the times
that you normally trade every single day
and with this indicator you get a blue
cloud showing you
exactly your trading window which you
can adjust
in the settings right here in the inputs
the fourth menu option
down you can select the time zone either
to the new york session or the london
session
or even the tokyo session and most of
you guys are in the us so you're just
gonna leave this at the standard
settings on the american session you can
also choose which days of the week that
you trade so if you don't trade
monday or friday because those are like
trap days
you can just untick these two boxes and
you won't
get a cloud over that period small
adjustments can be made but you
literally do not have to change
any of the settings of this indicator i
don't really like using the 100 moving
average
so we actually gave you an option to
turn that off and that'll remove the
yellow line and you'll just get the
white the green and the red
now you guys know that i'm a huge fan of
using the rsi to show you the momentum
which direction the price is going to go
i like to be looking at buys when i'm
above the 50 level on the rsi
and sells when i'm below the 50 level on
the rsi
so the standard way that i have my rsi
set up
is the rsi is yellow there is no upper
band and no lower band there's no
cloud here it's just got a standard line
across the 50 showing me
bearish momentum and bullish momentum
and what's added on here as a benefit
is kind of like a floating moving
average between that 50 level
across different time frames so
whichever time frame you're
on this additional white line is going
to give you a better representation of
when it actually drops
into that downtrend momentum or
conversely uptrend momentum so at this
point right here
we crossed below that floating moving
average and right here is going to be
your entry point
cross-reference that with your big
engulfing candle indicator
and you could have actually waited for
this move to be a hundred percent
positive to get here
either one of those two entries would
have still got you in profit
and the last thing that this indicator
does for you guys
is give you and show you a visual
representation
of divergences so you guys know i like
to use divergences to
show me a reversal in the trend
divergences happen when you create
lower lows on the price action and
higher lows on the rsi
so right here we have two lower lows
let's draw a trendline across that
and you can clearly see it now looking
at the rsi at that exact same time
frame we are creating higher lows this
indicator now prints a bullish
divergence signal
on the rsi for you once you got that
signal you have a general idea that the
trend might start reversing at that
point and you can get in
on the trend reversal to the upside this
indicator
literally does everything that i teach
in every one of my videos now if you
pair this with marking up support and
resistance levels as i taught in my
naked trading video
and we get a fat rejection off of a
previous level of resistance creating a
new support
with a big three line strike bullish
engulfing
high up on the rsi you can take these
positions to the next zone
this is going to be your ultimate way to
trade
do your markups on your chart toss up
the indicators that we provide for you
guys for free
and you're gonna be very successful in
your day trading i've been wanting to do
this for a while and i've been talking
to developers
but luckily just i don't know how it
happened but somebody in the community
decided to take the initiative likes
what i'm doing in giving
free education and free information to
people
and he decided to create this indicator
based on my entire trading strategy
and now we're offering it to you guys
for free as long as you join the discord
group
and just click those links that's the
mission of this channel to get
everybody to quit the job that they hate
to make
money online to work whenever they want
wherever they want and this is just
another step
in the process to getting all of you
guys in profit
i'm so incredibly thrilled about this
and i really hope you guys take
advantage of this
so if you have not already joined the
discord group put those indicators in
your favorites list
and start getting profitable to really
utilize this indicator and this strategy
to the fullest
you must first understand support and
resistance levels
so learn that first by watching this
video right here and if you guys got
some value out of this video
and you like the way that i teach and
you appreciate all the stuff that we are
all doing for you guys
make sure you're subscribed to the
channel by clicking this button
right here thank you so much for
watching and we'll see you in the next
video
dude this is seriously like a game
changer