This article is going to be boring. You're going to get bored halfway through, and that's expected. Nothing good in life is easy or exciting. We didn't spend 100s of hours developing an AI optimized trading algorithm because it was exciting. We did it because it made money! That's all that matters; how to acquire money with the smallest effort possible, and that's exactly why we created Aurox.
Aurox provides every tool possible to help traders go from losing money to tripling their portfolios. Now it's your turn to capitalize on our knowledge and experience to further your trading. This article is the first step on how we have made millions of dollars for the past several years using the same exact tools available in Aurox. Not only did this software change our lives but it has also helped fund this entire project, one step at a time. Plus it's literally free for everyone.. at least until we make it paid for new members.
We haven't asked a single one of our users for a dollar. Everything we have shared is completely free, and you have absolutely nothing to lose by simply trying what we preach. Hell, you can even try this on testnets supported by Aurox. Which, again, is free.
Before you even read this article, familiarize yourself with the terminal! I'm not going to hold your hand throughout this article, because not only do we have video tutorials about the terminal but we even have interactive tutorials. Both of these can be found on the right-hand bar of the terminal (https://web.getaurox.com). Use them, learn them, and then let's begin.
First, we're going to go over what Aurox indicator is not.
It is not a 100% guaranteed system
It is not accurate on lower intervals (As of 10/2020. We're working on making it more accurate on lower intervals.. But we have other indicators for this. We'll discuss them in later lessons)
It is not an indicator you follow blindly. This goes back to the first point.
It does not work perfectly on sideways movement (This is an area we're working on improving... But it doesn't even have to work at all on sideways movement if we know how to use it).
Inaccurate with low volume shitcoins, but we're not even going to be trading these in the first place.
Now, what is the Aurox indicator?
Helps you spot large movements before they happen
~70% accurate on daily intervals, and over 90% accurate on weekly intervals
Should be used for entry points only (long and short). Instead of Buy and Sell.
Easy way to minimize losses during sideways movement and MAXIMIZE profits before major spikes.
An indicator that has helped thousands accelerate their trading and turn losses into profits... when used properly!
The Aurox indicator triggers in realtime. Therefore, you might see the indicator appear and disappear as the price moves. We'll explain this more in detail below
Let's start with the basics
The main intervals we will be paying attention to are 1 day and 1 week. These are the intervals we use to make money. That is not to say the indicator can't work on the lower intervals (it can and it has for hundreds of other users). But I highly suggest sticking to these intervals until you get the hang of it... And honestly, there is no need to use it on lower intervals anyway.
We're going to use 1-week interval to help guide us while trading on the 1-day interval. In addition, we will focus specifically on high volume pairs like BTC and ETH. Aurox indicator is NOT accurate with low volume pairs and we do not recommend using it on low volume pairs.
To be honest, if your end goal is to produce a stable profitable quarter after quarter, stick with BTC and ETH. Yes... Some altcoins might gain 100, 500, 1000%, but they always crash. Take our word of advice, stability is key. Making a stable 10-40% return is much better than chasing after once in a lifetime 1000%. Remember, we've done this for several years now and we're still here. Now think about how many other "traders" or "influencers" have come and gone in this business chasing garbage pump and dumps. Stable Profits Are Key!
Anyways, let's take a look at the current weekly BTC chart with the indicator enabled.
The Aurox indicator is EXTREMELY accurate at this interval. When a trigger happens on the weekly interval, it tells us that the pair is going to trend either up or down. As we can see from the example above, the price of BTC went up $3000 since the last green arrow happened.
We can use the weekly chart in one of two ways:
We can be a long term yet safe trader by executing our trades only on weekly intervals. This not only increases our chances of being accurate but we also don't have to worry about the market day to day. As we can see from the above picture, it only triggered 12 times in over a year, but the majority of them were extremely profitable trades with very large movements.
We can use the weekly interval as a guide on how to execute trades on the lower intervals. For example, if the weekly trigger is showing a green arrow, we know the price will be trending up on the long term. Therefore, it makes no sense for us to start shorting the market even if we see red arrows on the daily interval. When a red arrow triggers on a daily, it might drop by a few hundred dollars but then it might recover and go up higher as our weekly trigger showed.
When an arrow appears, it notifies us when to take action. This action can persist for several intervals AFTER the trigger. What I mean by this is, let's say the weekly indicator triggered today, but we didn't see it till the next week. We can still take action now, but we just have to be more careful. The further intervals we get from the trigger, the less accurate it becomes. But again, it does not mean we can't enter the market 2, 3, 4, or even 5 intervals after the trigger.
The most accurate signals are when we take action the minute after an interval closes. But we'll learn soon how to enter the market even when the trigger happened several intervals before.
The indicator is triggered in realtime and uses multiple different data sources to show the signals. Meaning the signals can appear and disappear on open candles. This is normal. You just have to know how to read it.
If for example the green arrow triggers but some extremely bad news causes a major dump, it is possible for the indicator to revert or disappear. This does not mean to ignore open candles with signals on them. Even if the signal were to revert, almost 9 out of 10 times, the signal will trigger again on the next candle. Meaning the same signal will come back but one candle later. This is simply because there is market pressure in a specific direction and a slight opposite directional movement caused it to disappear.
When taking actions on open candle triggers, we need to be somewhat more cautious and utilize other techniques we'll discuss in the next few articles to help guide us.
For beginners, our suggestion is looking for a trigger, waiting until the candle closes, and taking action. In the next email/article, we'll go over the how-to safely enter the market in every scenario. Stay tuned.
The basics of the indicator are extremely easy. We simply go long at green and short at red, but there are additional details we need to pay attention to. In this article, we went over how we can utilize the weekly triggers to make our daily trades more accurate. In the next few articles, we will discuss when to take action, as well as, other indicators that can help us increase the accuracy.