This KISS BOT AI indicator WILL Never Cheat you In The Market | NEW Artificial Intelligence (FREE)

Stock Accurate
12 May 202408:23

TLDRDiscover the KISS BOT AI indicator, a free and highly accurate trading tool designed to enhance your trading experience. This video introduces the KISS SPOT signal indicator, which combines with the Unwrecked KISS STOKI indicator to generate clear buy and sell signals. Learn how to set up these indicators on TradingView, customize settings, and apply the strategy on a 5-minute chart of the US 100 index. The tutorial covers entry and exit points, risk management with a 1:1.5 risk-to-reward ratio, and provides examples of successful trades, ensuring viewers can confidently implement this AI-driven trading strategy.

Takeaways

  • 😀 The video introduces a KISS SPOT trading view indicator, which is claimed to be highly reliable and accurate.
  • 🔍 The strategy uses two free Trading View indicators to potentially enhance trading performance.
  • 📈 Users can add the KISS SPOT and Unwrecked KISS Stoki indicators to their Trading View charts.
  • ⚙️ Settings for the KISS SPOT indicator involve hiding lines and arrows and adjusting ATR period to 50 and ATR multiplier to 3.5.
  • 📊 KISS SPOT provides clear buy and sell signals, aiding traders in entering and exiting trades confidently.
  • 📉 The strategy is tested on a 5-minute chart of the US 100 index.
  • 📌 For a sell order, the conditions are a long sell signal from KISS SPOT, a bearish candle formation, and oversold lines from the Unwrecked KISS Stoki indicator.
  • 💰 The stop loss for a sell order is set at the KISS SPOT indicator's ATR level with a risk to reward ratio of 1:1.5.
  • 📈 For a buy order, the conditions are a long buy signal from KISS SPOT, a bullish candle formation, and overbought lines from the Unwrecked KISS Stoki indicator.
  • 🏁 The stop loss for a buy order follows the same principles as the sell order, with the same risk to reward ratio.
  • 🤔 The video offers examples of trades to help viewers understand the strategy better and encourages questions in the comment section for further clarification.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is introducing a KISS BOT AI indicator for trading, which is claimed to be reliable and accurate, and how to use it along with another free TradingView indicator to potentially boost trading performance.

  • What does KISS stand for in the context of the video?

    -In the context of the video, KISS stands for 'Keep It Simple Stupid', which is a principle that suggests that systems work best when they are kept simple and straightforward.

  • Which platform is used to apply the KISS BOT AI indicator and the second indicator?

    -TradingView is the platform used to apply both the KISS BOT AI indicator and the second indicator to the trading chart.

  • How many indicators are used in the described trading strategy?

    -Two indicators are used in the described trading strategy: the KISS BOT AI indicator and the Unwrecked KISS Stoki indicator.

  • What changes are made to the settings of the KISS BOT AI indicator?

    -The settings of the KISS BOT AI indicator are modified to hide lines and arrows, change the ATR period to 50 instead of 1, and the ATR multiplier to 3.5 instead of 2.

  • What does the KISS BOT AI indicator provide?

    -The KISS BOT AI indicator provides clear buy and sell signals, which allows traders to enter and exit trades with confidence.

  • On which time frame is the trading strategy tested in the video?

    -The trading strategy is tested on a 5-minute chart of the US 100 index.

  • What is the stop loss placement for the trades according to the strategy?

    -The stop loss for the trades is placed at the ATR level indicated by the KISS BOT AI indicator.

  • What is the risk to reward ratio used in the trading strategy?

    -The risk to reward ratio used in the trading strategy is 1 to 1.5.

  • What conditions need to be met to place a sell order according to the strategy?

    -To place a sell order, the KISS BOT AI indicator should give a long sell signal, the market should form a bearish candle, and the Unwrecked KISS Stoki indicator lines should be oversold.

  • What conditions need to be met to place a buy order according to the strategy?

    -To place a buy order, the KISS BOT AI indicator should give a long buy signal, the market should form a bullish candle, and the Unwrecked KISS Stoki indicator lines should be overbought.

  • How can viewers ask questions related to the trading strategy?

    -Viewers can ask questions related to the trading strategy in the comment section of the video.

Outlines

00:00

📈 Introduction to AI Trading Indicators

In this introductory segment, the speaker welcomes viewers to a channel focused on trading strategies and introduces the Kiss Spot Trading View indicator, which is touted as one of the most reliable and accurate in the world. The video's aim is to explore AI trading indicators and provide a free method to enhance trading performance. The speaker outlines a strategy using two free Trading View indicators, the 'Unwrecked Kiss Stoki' and 'Kiss Spot Keep It Simple Bot', and demonstrates how to add and configure these indicators on the Trading View platform. The settings for the indicators are detailed, including modifications to the ATR period and multiplier. The segment concludes with an overview of how the Kiss Spot indicator generates clear buy and sell signals, which will be tested on the 5-minute chart of the US 100 index.

05:03

📉 Trading Strategy Execution and Examples

This paragraph delves into the practical application of the trading strategy using the Kiss Spot and Unwrecked Kiss Stoki indicators. The speaker explains the conditions under which sell and buy orders are placed, such as the market forming bearish or bullish candles and the oversold or overbought status of the indicators. Specific details are provided on setting stop losses at the ATR level indicated by Kiss Spot and maintaining a risk-to-reward ratio of 1 to 1.5. The speaker also provides examples of trades that illustrate the strategy's application, emphasizing the importance of meeting all conditions before placing an order. The segment includes a walkthrough of several trades, demonstrating how the strategy leads to hitting targets. The speaker encourages viewers to ask questions in the comments section for further clarification and concludes by thanking viewers for watching and inviting them to like, share, and subscribe for more trading tips and tutorials.

Mindmap

Keywords

💡KISS BOT AI indicator

The 'KISS BOT AI indicator' is a trading tool mentioned in the video that is purported to be highly reliable and accurate. The acronym 'KISS' stands for 'Keep It Simple, Stupid,' suggesting that the indicator is designed to provide straightforward and uncomplicated trading signals. The video focuses on demonstrating how this AI-based indicator can be integrated into trading strategies to enhance decision-making and potentially boost trading performance.

💡AI trading indicators

AI trading indicators refer to artificial intelligence-based tools that analyze market data to generate trading signals. They are designed to help traders make informed decisions by processing complex information faster and more accurately than humanly possible. In the context of the video, AI trading indicators are presented as a free and potentially powerful resource for traders looking to improve their trading strategies.

💡Trading View

Trading View is an online platform used for charting financial markets and creating trading strategies. It is mentioned in the video as the platform where the KISS BOT AI indicator and other indicators can be added to a chart. The platform is known for its user-friendly interface and a wide range of tools that can be used for technical analysis, making it a popular choice among traders.

💡Unwrecked Kiss Stoki

The 'Unwrecked Kiss Stoki' appears to be a specific trading indicator or strategy mentioned in the video. While the term itself is not standard in trading terminology, it seems to be part of the unique nomenclature used by the video creator. It is used in conjunction with the KISS BOT AI indicator to form a complete trading setup, suggesting that it provides additional signals or analysis to complement the AI indicator.

💡Buy and sell signals

Buy and sell signals are alerts generated by trading indicators that suggest when to enter or exit a trade. In the video, the KISS BOT AI indicator is said to generate clear buy and sell signals, which are crucial for traders to know when to take action in the market. These signals are part of the decision-making process and are used to execute trades with confidence.

💡ATR period

The ATR period refers to the time frame used in calculating the Average True Range (ATR), a technical analysis indicator that measures market volatility. In the video, the ATR period is set to 50, which means the ATR value will be calculated based on the past 50 periods of data. This setting is part of customizing the indicator to suit specific trading strategies or market conditions.

💡ATR multiplier

The ATR multiplier is a factor used to adjust the ATR value in trading strategies. It helps in setting stop-loss levels or determining the potential volatility of the market. In the script, the ATR multiplier is set to 3.5 instead of the default value of 2, which suggests a more conservative or aggressive approach to risk management, depending on the trader's strategy.

💡Stop loss

A stop loss is an order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor's loss on a position. In the video, the stop loss is placed at the ATR level indicated by the KISS BOT AI, which helps manage risk by setting a maximum loss amount if the trade goes against the trader's expectations.

💡Risk to reward ratio

The risk to reward ratio is a comparison of the potential loss and potential profit of a trade. It is a key concept in trading that helps traders evaluate the attractiveness of a trade. In the video, a risk to reward ratio of 1 to 1.5 is mentioned, meaning for every unit of risk, the potential reward is 1.5 units, indicating a favorable trade setup.

💡Oversold and Overbought

Oversold and overbought are terms used in technical analysis to describe the state of the market or a security. An oversold market suggests that prices have fallen to a level that may be below the true value, indicating a potential buying opportunity. Conversely, an overbought market suggests that prices have risen to a level that may be above the true value, indicating a potential selling opportunity. In the video, these terms are used in conjunction with the Unwrecked Kiss Stoki indicator to confirm trading signals.

Highlights

Introducing the KISS SPOT trading view indicator, claimed to be the most reliable and accurate in the world.

Exploring the world of AI trading indicators with a free method to potentially boost your trades.

The strategy uses only two free Trading View indicators for an amazing accuracy.

Instructions on how to add the KISS SPOT and Unwrecked KISS Stoki indicators to your Trading View chart.

Modification of the indicator settings, including hiding lines and arrows and adjusting ATR period and multiplier values.

KISS SPOT generates clear buy and sell signals for confident trade entries and exits.

Testing the strategy on a 5-minute chart of the US 100 index.

Detailed explanation of the trading setup for sell orders with conditions for entry, stop loss, and risk to reward ratio.

Market hitting the target after placing a sell order based on the KISS SPOT and Unwrecked KISS Stoki indicators.

Understanding the long position strategy with buy orders and the conditions for entry, stop loss, and risk to reward ratio.

Examples of trades showcasing the effectiveness of the KISS SPOT and Unwrecked KISS Stoki indicators.

A bearish market condition met for a sell order with a stop loss at the KISS SPOT ATR level and a risk to reward ratio of 1 to 1.5.

A bullish market condition met for a buy order with a stop loss at the KISS SPOT ATR level and a risk to reward ratio of 1 to 1.5.

Closing a trade at breakeven due to a sell signal from the KISS SPOT indicator.

A long buy signal from the KISS SPOT indicator with a market confirmation and an overbought condition for a buy order.

The market hitting the target after placing a buy order based on the KISS SPOT and Unwrecked KISS Stoki indicators.

Encouragement to ask questions in the comment section for further clarification on the trading strategy.

A summary of the trading strategy and an invitation to watch more examples of successful trades.

A reminder to like, share, and subscribe for more trading tips and tutorials.

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