Our Trading Method

OUR STORY AND TRADING METHOD

Summary

PART I - Our Story

PART III – Subscription Packages and Pricing

PART III – Highlights of our Trading Method

PART IV – Supports and Resistances

PART V – The Built-in Trade-Manager

PART V - Setting-up your TradingView

OUR STORY

Best Trading Indicator™ is a French company made by two French traders - a father and his son

We're teaching our proven trading method for all asset classes, all trader types (intraday, swing, scalpers) and compatible with many brokers.

We’re trading together with our subscribers, the same BEST entries/exits available on everyone’s TradingView charts

OUR STORY (2/3) - DAVE

The son is me Dave (or Daveatt from TradingView) CEO and co-founder of Best Trading Indicator™

I’m a quant trader with a Master in Computer-Science Engineering and Project Management

I’m now working for myself with 8+ years of quantitative and trading experience.

My father and business partner taught me at a very young age, everything he knows about trading

My coding background was very useful when professional/retail traders hired me to design, code and implement their indicators/semi-automated/fully-automated strategies across many brokers.

I’ve been doing those freelance missions mainly from New York City/USA and then from other countries (Spain, Indonesia, Japan, London, Costa Rica, France, …)

OUR STORY (3/3) – MY FATHER

My father has been trading for 20+ years now and has a very advanced Trading Quant + Trading experience

We started with INDICES trading andwe’re still trading them actively

Our trading is diversified with a unique TradingView BEST Framework for each asset class and timeframe

We collaborated to mix his remarkable experience of the financial markets +my coding skills +our respective trading experience

Then we created Best Trading Indicator ™ as we are convinced that even inexperienced traders could benefit greatly from our systems

We’re often trading together in our home-made trading-room and constantly looking to optimize our systems for our subscribers

He’s assisting me behind-the-scene for teaching our customers our Trading Method course and accelerating their ramp-up

Part II – Our Subscriptions Packages and Pricing (1/3)

Subscriptions packages

Part II – Our Subscriptions Packages and Pricing (2/3)

Our goal is to teach you what we learned over 20+ years in a few days/weeks only

3 VIP packages are available for recurring subscription

In term of benefits/features/scripts

  • The VIP 3-months contains more advantages at a lower monthly price than the VIP-1-month
  • The VIP-12-months contains more advantages at a lower monthly price than the VIP-3-months and VIP-1-month

The VIP-12-months gives access to a FREE 1-to-1 Coaching/Mentoring call that can be requested any time

Our Pricing Plans page is available from the header menu of our website

Part II - Our Subscriptions Packages and Pricing (3/3)

Upon subscription you’ll receive by email your access key within 1 business day

Your access key is valid for all your Best Trading Indicator scripts

For each script, insert your access key, double left-click on the GEAR icon located at the right of the indicator name OR on the indicator name directly

If inserted correctly , your chart will automatically refresh with the signals after a few seconds

Please Make sure to NOT insert additional character/blank space at the beginning or at the end of your access key

If your key isn’t working, please send us an email to dave@best-trading-indicator.com

Part II - Download your indicators

How to download your indicators on TradingView

TRADING METHOD – GENERAL (1/4)

BAD traders only care about PROFIT and GREAT traders are obsessed with RISK management

BAD traders are on their way to become GREAT traders once they understand that RISK MANAGEMENT has more weight in the profitability equation than PROFIT We are annoyed with all the FAKE trading education out there from people that never traded.

What they teach only focus on the PROFIT dimension without a proper risk and money management.

Our systems for all asset classes (Stocks, Forex, Indices, Cryptocurrencies, Commodities), all traders type (Intraday, Scalp, Swing) and all traders profile (beginners and experimented) are designed to make hundreds of points, pips, EUR, USD, … every day with an extremely lowered RISK

TRADING METHOD – GENERAL (2/4)

We made our systems simple and abstract enough for any trader profile

With our Method, no other indicator, analysis, social media is needed in parallel

Our Trading Method is an assisted step-by-step guide available from our Community Forum to the VIP subscribers

Upon subscription, we send a summarized PDF version with a great coverage of most of the entry and exit setups

TRADING METHOD – GENERAL (3/4)

After 15-30 minutes of left-scrolling on your TradingView charts, you'll realize that:

  • The entry and exit signals make sense
  • Making more than [200-500] pips/points a day

Our goal is to re-wire your brains about what trading really is

  • It's not a get-rich-quick scheme
  • It's a get-richer process requiring you to trade in a more algorithmic way

Trading with low timeframes is our BEST answer to be more accurate and reducing your potential losses

Facts

  • You'll have some losing trades.
  • Not all trades are winners
  • Our frameworks give more winners than losers
  • Winners are much bigger than the losers

TRADING METHOD – GENERAL (4/4)

Our systems detect automatically strong convergences based on custom indicators we developed for ourselves over 8 years of trading

We are trading with the same TradingView scripts and the same Trading Method we’re teaching to our students Our entries and re-entries are designed to be as early as possible while keeping the RISK minimum

We provide also a complete EXIT system for Stop-Loss and Taking Profit

TRADING METHOD – Fundamental and News

When trading, we recommend only looking at the HIGH macro events related to the assets you’re trading - Twitter, News will disturb you and clutter your judgement

Please never trade based on fundamental/news.

We guarantee you’ll burn yourself as the financial markets aren’t logical at all

Trading irrational markets based on what you think/feel the market should do based on news is the best way to lose

There is an obvious disconnect between the real economical world and financial world

TRADING METHOD – THE BEST WAY OF TRADING

You don’t need to stay in front of your charts all day
You’ll get alerted with your/our TradingView server-side alerts by (

Email and SMS and from your TradingView chart) Evaluating an entry/exit signal will take you no more than 15 seconds

Waiting in front of your charts when there is no signal increases your Fatigue and decrease your profits

It’s much smarter to set the alerts on the assets/timeframes you want to trade and do something else for the time being

TRADING METHOD - The Algorithm Builders Frameworks and timeframe(s)

How to download your indicators on TradingView

The Built-In Trade Manager : Features

Included in ALL of our Algorithm Builder Frameworks

Compatible with Spot/CFDs/Futures/ETFs/Options/... trading products

Display the user-defined Take-Profit and Stop-Loss Levels andEnable TradingView server-side alerts

Define Take-Profit and Stop-Loss custom levels based on either price value/percentage/pips distance

Display the Risk-To-Reward ratios when the user-defined Stop and Take Profits are defined in the indicator settings

Display theBEST PnL Panel colored in green for a LONG and in red for a SHORT (The default colors may be changed from the Style tab of your Algo Framework – more info on the slides below)

The Built-In Trade Manager : The Profit and Loss Panel

Display real-time actionable data for the current trade

  • Profit and Loss in pips/points and in percentage value
  • Maximum Drawdown in percentage and pips/points – measure the maximum loss for the current trade
  • For a LONG, the distance between the entry price and the LOWEST reached price level
  • For a SHORT, the distance between the entry price and the HIGHEST reached price level
  • Maximum Opportunity in percentage and pips/points – measure the maximum opportunity/win for the current trade
  • For a LONG, the distance between the entry price and the HIGHEST reached price level
  • For a SHORT, the distance between the entry price and the LOWEST reached price level
  • Distance in pips/points until the next Take Profit 1-2-3 price level if not reached yet
  • Flag if any of the user-defined Take Profits and Stop-Loss levels have been reached
  • Flag a warning if a hard-exit is detected

TRADING METHOD - The Built-In Trade Manager (Long example)

Trade Manager Long example

TRADING METHOD - The Built-In Trade Manager (Short example)

Trade Manager Short example

TRADING METHOD – Entries and Re-Entries (1/3)

The first entry of a trend (BULLISH or BEARISH ) is symbolized by a triangle

The re-entries within a trend are symbolized by diamonds with the same color as the triangle just before

We recommend having 1 opened position simultaneously only per trend per timeframe

If you get a diamond signal, but already are already in position (and not invalidated or stopped out to breakeven), we recommend not taking it

The initial entry price is plotted with a thin blue circle plot

TRADING METHOD – Entries (2/3)

Main Trading Entries

TRADING METHOD – Re-Entries (3/3)

Trading Re-Entries

TRADING METHOD – Candles Coloring (1/2)

Activated by default but optional feature

Each color translates a different trades state

For a Long/Buy Trade:
  • dark green when the candle close is below the entry price (in a loss)
  • light green when the candle close is above the entry price (in a win position)

For a Short/Sell Trade:

  • dark red when the candle close is above the entry price (in a loss)
  • light red when the candle close is below the entry price (in a win position)

gray when not in a trade

TRADING METHOD – Candles Coloring (2/2)

TradingView candles coloring

TRADING METHOD – THE LEADING TREND (1/2)

The Leading Trend is a built-in but different system

Displays the Trend direction from a much bigger timeframe on your TradingView charts

Activated by default, each color translates a different bigger trend direction

By default, the colors are as follow :

  • Green if bullish
  • Red if bearish

TRADING METHOD – THE LEADING TREND (2/2)

The leading trend

TRADING METHOD – THE CLOUD (1/2)

The Cloud is our Custom Trend identifier

We made it such as to identify strong trends and “risk” zones In other words, identify if a trend is likely to continue further or reverse

TRADING METHOD – THE CLOUD (2/2)

The cloud momentum

TRADING METHOD – The EXIT process – Hard Exit (1/3)

We ditched the Stop-Loss based on price or percentage level because it’s not working

  • We needed a way to get stopped-out because the trade is wrong (and not getting stopped-out because of slippage or bad analysis).
  • We selected an algorithmic method as it’s a much smarter and efficient way to exit a trade when invalidated

Instead, we use our custom Stop-Loss called “Hard-Exit” and is a KEY component of our Trading Method

This is our algorithmic way of warning our subscribers that they MUST exit the trade no matter what they think-feel-want

We made a unique Hard-Exit per Framework ensuring our subscribers the losses being minimal the vast majority of the times

Symbolized by a brown vertical line , the “Hard-Exit” is an important signal warning the trader to exit as a reverse may likely happen

TRADING METHOD – The EXIT process – Hard Exit (2/3)

Q: What’s behind the hard-exit?

Hard-Exit or Hard-Stop are common terms in trading

They refer to exiting a position based on technical indicators (and not based on price value).

When those indicators are all giving contrary signals, the system displays and alerts us with a brown vertical bar (see next slide).

Contrary means for instance, we’re on a LONG trade, and then all the hard-exit indicators become bearish flagging a potential incoming reverse

Q: How to evaluate the Risk-To-Reward from our trades then?

This metric is very subjective. Because you could evaluate a RISK=1 and a REWARD=10 but that doesn’t mean your analysis is correct and not bias.

We made this exit system to lower as much as possible the losses (=invalidations) and stand by our assessment that capturing hundreds of pips a day, regardless of the asset class, is doable.

This level of abstraction allows our traders to have a stronger focus on their trades .

​​​​​​​Because they know that, if invalidated, their losses should be minimal relative to the rewards to be captured during the day.

TRADING METHOD – The EXIT process – Hard Exit (3/3)

The Hard Exit

TRADING METHOD – The EXIT process – Take Profit Levels (1/2)

The Take-Profit levels are based on Algorithmic Multi-timeframes Supports and Resistances

You won’t have to draw <>any trendline or pattern or add any other indicator Our Method is complete and cover all scenarios to either exit with a small loss or taking-profit

Over the years, we found for each asset class and timeframe, the most relevant supports and resistances to be used as take-profit levels

Because the candles often bounce on them, we selected specific Moving Averages and Pivots for our Take Profit strategy

TRADING METHOD – The EXIT process – Take Profit Levels (2/2)

Take Profit Levels

Part II - General Guidelines (Supports/Resistances)

Script included for FREE for all our VIP subscribers

Please Have in mind how to use the SMAs/EMAs and Traditional Pivots from our Algorithmic Supports and Resistances TradingView script;

A simple moving average (SMA) is an arithmetic moving average calculated by adding recent closing prices and then dividing that by the number of time periods in the calculation average

A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frame

Part III - To change the signals and the background colors (1/5)

Keep in mind we’ll always refer to Green/Red signals and Green/Red leading trend

Though, you can change those colors if you fancy more colorful ones

For doing so,Double Left-Click on the Indicator name thengo to the Style Tab.

TradingView Indicator Style tab

Part III - To change the chart background colors (3/5)

TradingView Indicator Style tab

Part III - Example (4/5)

Dark theme and colored signals

Part III - Example (5/5)

Dark theme and colored signals

Part III - Setting-up your TradingView server-side alerts (1/3)

How many alerts per asset class?

We recommend 3 alerts per asset/instrument per timeframe per Algorithm builder

OR, you can create 1 alert per asset/timeframe with the condition Consolidated on Bar Close capturing any BUY/SELL/HARD EXIT events

More info available from our Forum

How many server-side alerts per TradingView account?

  • TradingView Free: 1
  • TradingView Pro: 10
  • TradingView Pro+: 30
  • TradingView Premium: 400

Part III - Setting-up your TradingView server-side alerts (2/3)

How many TradingView server-side alerts per account type

AFFILIATION

Make 15% recurring per subscription period for your referees

  • Receive 15% of your referees subscription price every:
    • Month for a Monthly subscriber
    • Quarter for a 3-Months subscriber
    • Year for a 12-Months subscriber

APPENDICES

Our Public chatroom is on Discord: https://discord.gg/fcEFRpC

Our Testimonials and Reviewspage

Our recent Shared Public Trades Results and Performancebased on the BEST Trading Method and TradingView scripts

We’re active on Twitter and we’ll beery grateful if you give us a follow :)