Learn how to set up and use the Smooth Moving Average (SMMA) to enhance your trading strategy. In this video, we will guide you through the simple steps to set up the 21-period, 50-period, and 200-period SMMA on TradingView and explain how these averages can serve as your trading guidelines.

Key Points:
SMMA Setup: Search for "SMMA" on TradingView and apply three SMMAs to your chart with periods of 21, 50, and 200.
Parameter Settings: Set the periods to "21", "50", and "200", and change the colors in the style tab to distinguish them.
Understanding SMMA: The SMMA smoothens price fluctuations and considers older data to indicate trends more clearly.
Trend Identification: In an uptrend, the price stays above the SMMA; in a downtrend, it stays below.
Crossover Signals: Combine short-term and long-term SMMAs to catch crossover signals. A buy signal occurs when the short-term SMMA crosses above the long-term SMMA, and a sell signal occurs when it crosses below.
Use these insights to avoid short-term noise and focus on the bigger trend. Let us know if you want more tips on SMMA in the comments!

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Hello, traders!

Are you ready to discover a scalping strategy with an impressive 80% win rate? In this video, we'll break down a simple yet effective 1-minute scalping strategy that can help you grow your funds. Guided by FX verification YouTuber, Tanuki Trader Ponta, we'll walk you through every step of the process using TradingView.

What You'll Learn:
Simple Moving Average (SMA): Set up the 10 and 30-period SMAs to confirm trends and spot Golden Crosses for strong buy signals.
Relative Strength Index (RSI): Use the RSI with a period of 8 and unique limits (60/40) to quickly identify trend changes.
Scalping Strategy Details: Detailed instructions for long and short entries, profit factors, and stop loss settings tailored for 1-minute charts on pairs with narrow spreads.
Backtest Results: Insightful analysis of USD/JPY trades, showcasing a high win rate and key performance metrics.

Key Takeaways:
High Win Rate: Achieving an 80% win rate with this strategy can significantly boost your trading confidence and profitability.
Profit Factor: A strategically set risk-reward ratio of 1:1.5 to maximize your gains.
Simple Setup: Easy-to-follow steps to implement this strategy and start seeing results quickly.
Backtesting Insights: Analysis of 113 trades over 15 days, including total profit, win/loss rates, and areas for further optimization.

MT4 Template:
Originally tested on MT4, you can download the template from our blog (link in description). Need help setting up? Check the instructions in the top right corner of the video.

Watch and Decide:
Join us for this deep dive into a high-win-rate scalping strategy. Will this strategy suit your trading style? Watch until the end and share your thoughts in the comments!

Stay Connected:
If you found this video helpful, don't forget to like, subscribe, and hit the notification bell for more trading strategies and insights. Your support helps us create more valuable content!

This was Packun. Happy trading!

Welcome to our channel, where we test various trading strategies to reveal whether they truly work or are just myths. In this video, we're diving into the highly anticipated gold scalping strategy. 🪙✨

Gold Scalping Strategy: Dream Profits or Just a Myth?

Have you heard the tales of making a fortune trading gold? Many traders dream of striking it rich, but is it really possible? In this video, we'll thoroughly examine this scalping strategy to see if it lives up to the hype or if it's just another trading legend.

📊 Key Points Covered:

How to set up your charts for gold trading
Detailed explanation of the gold scalping strategy
Live trading examples with real-time analysis
Backtesting results over a 52-day period
Tips for risk management and profit-taking
Make sure to watch till the end to see whether this strategy can deliver dream profits or if it's merely a myth. Whether you're a beginner or an experienced trader, you'll find valuable insights and practical tips to enhance your trading skill