[0:00]Hello traders, welcome back to the channel. If you repeatedly get caught in fake breakouts and your trades end up in losses. In today's video, I'll show you a breakout pullback reload indicator that gives you high probability entries. The special feature of this strategy is that it allows a pullback entry after the breakout, which reduces risk and increases profit potential. So be sure to watch the video until the end because I'll also show you the best settings and a live example. How do we create the trading setup? First of all, click on indicators at the top of the screen. We will search for Breakout Pullback Reload in the search box of TradingView. After that, we have to click on the Breakout Pullback Reload Continue option. In this, we have to change some settings. This includes making the plotted line thicker. In this, we have to change the value of SMA length to 25 instead of nine. After that, we have to apply another indicator on the chart. We will search Dumb Money Concepts in the search box of TradingView. After that, we have to click on Dumb Money Concepts option. In which we have to change some setting. In this, we have to thicken the DMI histogram. Now our trading setup is completely ready for trading. We are going to test this strategy on five minute chart. Let's see how we use these trading indicators. When the Breakout Pullback Reload indicator has given us sell signals. When the market forms a bearish candles. And the histogram of Dumb Money Concepts indicator should be bearish bars. If this condition is fulfilled then we will place sell order. Our stop loss will be placed at the current market of higher level. And the risk to reward ratio will be 1 to 1.5.
[1:58]The market has completely hit the target. I hope you must have understood this trading strategy. Let us now understand the long trades. When the Breakout Pullback Reload indicator has given us buy signals. When the market forms a bullish candles. And the histogram of Dumb Money Concepts indicator should be bullish bars. If this condition is fulfilled then we will place buy order. Our stop loss will be placed at the current market of lower level. And the risk to reward ratio will be 1 to 1.5.
[2:35]The market has completely hit the target. I hope you must have understood this trading strategy. If not, then it doesn't matter. We are going to see examples of some trades so that you will definitely understand. If you have any question related to this strategy, then you can ask in the comment section. We will try our best to answer all your questions. The Breakout Pullback Reload indicator has given us sell signals. Market has made a bearish candles to give confirmation. And the histogram of Dumb Money Concepts indicator is bearish bars. If this condition is fulfilled then we will place sell order. Our stop loss will be placed at the current market of higher level. The risk to reward ratio will be 1 to 1.5.
[3:28]The market has completely hit the target. Now we will find other trades. The Breakout Pullback Reload indicator has given us buy signals. The market has formed bullish candles to confirm this. The histogram of Dumb Money Concepts indicator is bullish bars. If this condition is fulfilled, we will place a buy order. Our stop loss will be placed at the current market's lower level. The risk to reward ratio will be 1 to 1.5.
[4:06]The market has completely hit the target. If you like this breakout pullback reload trading strategy, please like the video. And if you want to learn more high accuracy TradingView strategies, don't forget to subscribe to the channel. See you in the next video with another powerful trading strategy.
