Shasha Technology

Welcome to Trading with J! 🚀

00:00 Overview
01:13 Loki EA
02:34 IBS Hunter EA
04:14 VeloTrak
06:04 Backtest Software
08:18 How to get VeloTrak
09:38 Future Builds
10:07 Outro

Hey, folks! It's your buddy J here, and on this channel, we're diving into the wild world of trading – the highs, the lows, and everything in between. 📈

🤖 Algo Trading Adventures: Ever wonder what it's like to be an algo trader? Well, you're in the right place! Join me on this rollercoaster as I spill the beans on my progress, strategies, and the whole shebang of coding bots for the forex market. It's like a behind-the-scenes pass to the trading circus!

📊 Watch Me Learn: We're all in this together, right? I'm no expert, just a regular guy figuring things out. Tune in to see me fumble, stumble, and hopefully, occasionally strike gold as I navigate the trading world.

🚀 Cooking Up Strategies: Ever tried cooking up a storm in the trading kitchen? That's what we're doing here! From mixing ingredients to serving up winning trades, we'll get our hands dirty with strategy development.

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👪 Want to chat? Hit me up on Discord:
/ discord

🌐 Wanna trade with the best? Check out my go-to brokers:
https://tinyurl.com/ycys92y9

💰 VeloTrak real-time trade monitoring and ex*****on:
https://tinyurl.com/3x2n5k32

⚙️ Need a reliable VPS sidekick? Here you go:
https://bit.ly/3vExwEp

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𝗥𝗶𝘀𝗸 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿 𝗖𝗵𝗮𝘁:
🚨 Trading Rollercoaster: Trading's a wild ride, my friends. Remember, there's risk involved, so buckle up and do your homework before jumping in. Ain't nobody got time for unnecessary surprises!

𝗔𝗳𝗳𝗶𝗹𝗶𝗮𝘁𝗲 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿 𝗧𝗮𝗹𝗸:
⚠️ Friendly Heads-Up: Just so you know, those links I dropped? Yep, they're affiliates. If you use 'em, I might get a little somethin'-somethin'. Your support keeps this show rollin', and I appreciate you big time! 🙌

Hit subscribe, toss a like my way, and ring that bell for your backstage pass to the trading shenanigans. We're in for a wild ride – let's rock the markets together! 🌐📈✨

📌 Hashtags:

Indicator download here 👉🏾 https://bit.ly/4dBeUqC

Want to chat? Hit me up on Discord : https://discord.gg/jFNxgCtU3P

The RSI-2 strategy created by Larry ‘LC’ Connors begins with a simple moving average (SMA) which is 200 periods in length. This will filter us into an overall trend so we’ll only take buy trades when price is closed above the moving average, and only take sell trades when it’s closed below. Then we come to the key element of the strategy.

The relative strength index (RSI) indicator with nothing more than a 2 period input. The overbought /oversold levels were set at 95 and 5. LC tested the strategy with levels of 90 and 10, and found that there was a higher success rate with 95 and 5. When the RSI closes at 95 or above we’ll enter a sell trade, and if it closes at 5 or below we’ll enter a buy trade. When it comes to money management LC didn’t actually believe in the stop loss. So what he recommended was to close the trade when the price reverts across a 5 period SMA.

If we’re in a buy trade that would mean price closes above the SMA, and for a sell trade closing below. As that means we won’t know exactly where our stop loss will be, we’re going to use the average true range (ATR) volatility indicator to help us with our risk. It will be 1% capital risk per 1x ATR value at entry time. This should hopefully allow our capital to not get too far away from us. Hopefully it doesn’t go as far as 100x ATR from our entry before crossing the 5 period SMA.
In our testing we have changes the SMA to EMA