AlgoPro Trading Stategies

Ways to Trade with AlgoPro
AlgoPro offers a wide variety of trading tools and strategies so you can cater to your specific trading style. Whether that be swing trading, day trading, or scalping. Here are a few ways our customers have been able to have amazing success with their trading careers using our tools.

Trend Trading

Trend Trading is the most widely used method in the industry. Being able to enter a trade during a strong bullish or bearish push in price action can make you a successful trader. Here is a method of trend trading using AlgoPro tools that have given our users a high percentage or profit and win percentage. This strategy uses the AlgoPro V1/1.2, AlgoPro Trend SR, AlgoPro Dashboard, AlgoPro V2, AlgoPro V3, and the AlgoPro Volume Strength.
Conditions to be met:
  1. 1.
    V1 / V1.2 Buy Signal
  2. 2.
    Price Action Above Cloud and 200 MA
  3. 3.
    V2 Oscillator Above 0
  4. 4.
    Money Flow Index Green
  5. 5.
    V3 Oscillator Green
  6. 6.
    V3 Not Overbought or Oversold
  7. 7.
    Volume Strength Above 0
These are the conditions for a long trade. The reverse signals would be needed for a short. Many users may use a few or a mixed variety of these conditions for trades. Experiment and find what method works best for your style.

Contrarian Trading

Another popular style of trading is Contrarian Trading. This method of trading is to find quick reversals in price and capitalize on that reversal against the trend. This method can be highly affective across all markets, but especially affective in forex/commodities. This strategy uses the AlgoPro Reversal Suite, AlgoPro V2, and the AlgoPro V3.
Conditions to be met:
  1. 1.
    Bullish Candle Signal with met RSI parameters
  2. 2.
    Price nearing Extended Red Reversal Channel
  3. 3.
    V2 Reversal Signal
  4. 4.
    V3 Reversal Signal and Dying Volume
These are the conditions for a long trade. The reverse signals would be needed for a short. Many users may use a few or a mixed variety of these conditions for trades. Experiment and find what method works best for your style.