I Found An AMAZING Trend Following Strategy #shorts

[0:00]Here's an extremely powerful trading strategy that you can use right now in order to make sure you're trading with the trend. First things first, you need to add some indicators to your chart. We want two normal moving averages, so click it twice. Go to the settings of one, change the length to 20, and change the source to high. This is very important. Next, go to the other moving average, change the length to 20, and change the source to low. Also, change the colors of them so you can know the difference between the two. This strategy is extremely simple. If the price is above the channel, you want to be taking long trades only. You can either enter based off the breakouts of recent highs, so like here for example. Or wait for price to come back into this area between the two moving averages. Buy there and expect a bounce to happen. As you can see most of the time when price does come to this area, it bounces for really good profit. You can see the exact same thing is available for short trades, every time it comes to this area, it bounces.