3 Line Strike indicator WITH Moving Averages: Does it ACTUALLY work?

3 Line Strike with the 20 EMA, 50 EMA, and 200 EMA... Let's see how this goes.

00:00 Strategy Components
00:44 Risk and Trade Management
01:09 Indicators
01:58 Trade Examples
03:51 Test Results
04:20 Personal Thoughts
04:54 Tips

-------------------------------------------------
🔥 --- Lux Algo Premium Indicators --- 🔥
-------------------------------------------------
-------------------------------------------------
📈---- TraderEdge Backtesting App ----📈
-------------------------------------------------
Disclosure of Material Connection:
TrendGenY may have an affiliate relationship and or other material connection to any persons or business mentioned in or linked to the content above, and may receive commissions from purchases you make on subsequent websites. You should not rely solely on information published by TrendGenY to evaluate the product or service being offered.

If you haven't already, I suggest you check out my other videos where I go over some backtesting using the 3 line strike indicator only.

Here we go over a strategy using the 3 line strike indicator as a trigger for a simple trend continuation strategy. We use the 20, 50, and 200 EMAs to indicate buy and sell windows where our trigger can signal us to execute a buy or sell trade.

The indicator was created based off of The Moving Average's (TMA) 3 line strike entry by TheTRDFloor on tradingview.

TIPS:

1) Determine what type of market to use this indicator in.

2) Find diverse indicators that set it up for success.

3) Try testing out with different forms of trade and risk management.

4) Get creative and BACKTEST!

Safe trading all and enjoy.

Disclaimer: Trading in any market carries a high level of risk and is not suitable for everyone. Any ideas, analysis, content, or information contained in this video does not constitute investment advice. You trade at your own risk. Always remember that past performance is not indicative of future results.

[zgefycd]

Good vid. Can u try this one more time with an added rsi and only taking longs when the rsi is above 50 and shorts below 50. Also instead of the pip stop loss, try to set the stop loss at twice the size of the candle the 3 line strike appeared on and double the take profit off that

[Wiikendzgoodmix]

75% winrate in september so far over audusd and gbpusd in my trading window. I dont use it like this tho, but just go off of market structure as in higher high higher low etc.