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What’s going on guys so I might have found the next great indicator well actually not me but somebody in our chat um if you’re not in the chat make sure you join us uh 1:30 till uh end of day live here on YouTube every day we stream trading live um it’s a great place to be a lot of information a lot of people getting payouts um you know just hey if you want to excel in trading you have to trade with
Others and others that are uh making money um so yeah before I get into this also uh if you’re looking for the best deals on any prop firms use coupon code Cove Trader it’s in the description of this video and it gives you the biggest discounts on each one all right let’s Dive Right into this so obviously this is trade eight this indicator is on trade of8 so any prop firm that’s using trade of8 will uh will have this and then
Basically it’s on your community indicators and you just type in SSL and it is this Tiki SSL so somebody brought this up in our chat I ended up putting it on it is very interesting so here it is it’s a simple uh uh moving average I got to look into what actually calculates it but basically um basically it’s super easy right here uh when the Blue Line crosses you go long when it goes down you go short um it’s not really
Meant for Chop as you can see you can get chopped up where you can go north nor South so you have to be willing to take some type of losses in order to catch you know the move like this and you know the move down I am going to try this out I’m going to be testing it out this week I’m going to be using five mic uh five micros I’m going to use it um I’m going to use it on
The one minute chart see what it looks like on the five it might be cleaner uh actually I don’t like this is pre-market let’s see I don’t like it on the five this is a one minute indicator and the reason why I say that it’s too delayed by the time yeah so you stick to one minute and um it looks pretty decent obviously it’s not going to catch the bottoms because it’s delayed by moving averages so if you think about it
You know it crossed here but also that kind of keeps you out of catching a falling knife basically it gets you in once a bottom is formed and then you’re pushing back up same thing here you could have easily gotten faked out here and you know you didn’t basically waited for the bottom and then right here it crossed up and you would have G gotten a good amount of gains um the one thing you got to watch out for is middle
Of the candles as the candles being formed you’ll see it cross over and then cross back so you have to wait until the one minute candle actually closes and that’s when it forms the cross otherwise it can flip back and forth um in the middle of the candle and you don’t want to get caught I actually did that on Friday I was kind of testing it out um it like crossed up I went long and then sure enough it dropped and
Then it uncrossed and I didn’t realize that it was going to do that so you got to wait until the candles actually close it’s definitely good for Trend days or when you get uh bigger type moves like I said you can get chopped up argument right here you would have went long and then kind of went South and then long I mean you are going to take losses in in chop hopefully they are small losses but uh the goal of this
Indicator is to catch the bigger moves you know you would have went short on this candle and then you would have gotten this large game now when to take Gaines and when to get out um obviously you can get out when it crosses back up or when you know you are happy know um I’m going to play it uh when I get across up and when I get across down so I’m going to always be in five micros on Monday you’re
Going to see me playing this I’ll always be in five micros either long or short um and I’m just going to kind of follow this and see what my day brings and I’ll just keep updating you guys with what’s going on um it seems super simple I’ve made a video like this before uh my friend was using hiking on the8 and 34 and then the eight crosses over the 34 on the hiking he uh he went long or or short so
I’m going to play it um I’m not playing it pre-market I’m not playing it after hours this is only for uh during the day and I probably won’t even play it the first 45 minutes because you do get a lot of not 45 minutes the first 15 minutes because you get a lot of fake UPS fake Downs with the volume so maybe I’ll start after 10 o00 and then play from then on and just do 10:00 through the end of the
Day but it’s very interesting it goes on any Trader chart which means you can use it on all your prop firms and it’s interesting so comment below let me know what you think and um thanks for sharing this in the chat I hope to see you guys all uh all live on Monday
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