Day Trade Like a PRO with the 4EMA @Philakone Indicator Tutorial
Have you ever dabbled with day trading?
If you have, you’ll know it’s hard as nails to do.
Sure, it sounds easy on paper, but trust me, it really isn’t…
First up, you’ve got to learn how to read charts like a pro which can take years to master.
Any less dedication than that and you’re doomed to misread the charts and lose money
…And trust me, I’d know – I’ve lost thousands because of this!
Then you’ve got to study the macro environment when entering a new method.
This isn’t a once-and-done affair either…
You’ve constantly got to stay up to date with current affairs for that market to stay profitable.
Failure to do this could result in your profits sinking quicker than the Titanic
The end result is a ton of research and work before you’ve made a single cent.
Seriously, who’ve got time for that, right?
Thankfully, it’s not all doom and gloom when it comes to making money with day trading…
You see, I’ve recently stumbled across a new trading method which skips all the time consuming and risky stuff.
All you do instead is follow these simple 4 steps and profit every time.
This is because these 4 steps will tell you the absolute best times to buy and sell for maximum profit.
You can use this simple day trading trick to sell whatever you want too.
So whether you’re day trading:
- Precious metals
…You can use this powerful day trading technique to profit from every time.
Oh, and when I say “simple” I really do mean it too…
This is because it’s super easy to do – even a newbie with zero experience can make bank with this day trading method
In fact, it only takes a few seconds to set up and around two minutes to learn the method itself.
You can then kick back, relax and watch the profits roll in.
Yes, it really is that easy to do.
It’s also free to implement because we’ll be using free services and tools.
So you don’t have to buy anything to make this work – it’s all free!
Sounds good, right? I hope so because this is what I’ll be teaching you today.
Anyway, I’ve probably tickled your tastebuds enough so I won’t waste your time further.
So without further ado…
Here’s how to day trade like a pro using free tools even a beginners can quickly profit from.
What You’ll Be Learning Today:
(Click any of the links below to jump to that part of the training)
Watch Training in Video Format
If you prefer your training in video format, then you can get the video version here:
However, if you prefer reading, then here’s the written version of this training…
Step 1. Set up and create TradingView account
The first thing you need to do is create a TradingView account.
You can create a TradingView account here:
You don’t need to upgrade to the paid option – the free version is enough.
Once you’ve created an account, then you need to choose a market.
If you have no clue which market to enter, then just enter a crypto market like Bitcoin or Ethereum.
Once you’ve done that, then you’re ready for the next step…
Step 2. Activate 4EMA @Philakone indicator
You now should be looking at the chart for your chosen market.
The next thing we need to do is activate an indicator.
The indicator we’ll be using is called the 4EMA @Philakone indicator and it’s free to access and use.
To activate it, head up to the indicator section and do a search for “4EMA @Philakone”:
Once you’ve activated the 4EMA @Philakone indicator it’s now time for the next step…
Step 3. Set up 4EMA @Philakone indicator
In this step I’m going to show you how to set up the 4EMA @Philakone indicator.
This is completely optional as the 4EMA @Philakone indicator will work fine regardless if you implement this step or not.
I’m just showing you this as this is how I’ve got mine set up and it’ll make following this day trading guide easier.
Here’s how to customise and set up the 4EMA @Philakone indicator anyway…
First up, click on the cog icon to activate the 4EMA @Philakone settings:
Then go to the “Style” tab and make sure you use the following colours:
Once you’ve done that, then click “Ok”.
Like I said, it’s not essential you do this but it will make following this day trading tutorial easier to follow.
Once you’ve done that, you’re now ready for the final step…
Step 4. How to use 4EMA @Philakone indicator to make profitable trades like a pro
Okay, so this is how to use the 4EMA @Philakone indicator to make profitable trades like a pro…
First up, make sure you’re using a 1 day chart.
You can select the 1 day chart here if you don’t know how to do it:
Now, when you’re looking at the chart, you should see 4 EMA lines.
You can see what they look like on my chart here:
These 4 EMA lines will tell you the best times to buy and sell the asset you’re trading.
So how do you read these 4 EMA lines to know when to buy and sell?
First up, how to spot the buy signal
The buy signal occurs when all of the 4 EMA lines separate and are in this order:
Here’s what it looks like on the chart:
When you see this, the 4EMA @Philakone is indicating an uptrend has begun and now is a good time to enter the market and buy.
Here’s how to spot the sell signal
The sell signal occurs when any of the 4 EMA lines start touching each other.
Here’s an example:
As soon as you see this, the 4 EMA @Philakone is indicating a downtrend is occurring and now is a good time to sell and take profits.
And that’s it…
That’s how to day trade like a pro using the free 4EMA @Philakone indicator
As you can see, it’s incredibly easy to set up and it only takes a few minutes to learn this cool day trading method.
I’ve been using the 4EMA @Philakone indicator for over a year now and I’ve made money with every trade so far.
So if you’ve been struggling to find the best time to buy and sell or you’re losing money in general with your trades, then give this 4EMA @Philakone guide a whirl and start day trading like a pro.
Also, if you’ve got any questions, feel free to drop them down below and I’ll do my best to answer your questions for you.
That’s it anyway…
Thanks for stopping by and I’ll see you in my next post soon.
How to Day-Trade Like a Pro → Best Times to Buy & Sell Tutorial