TL;DR: This blog introduces a trading strategy used by Kristjan Kullamägi to make millions, and explains how to use a secret indicator called TradeDots to simplify the process and increase profitability.

Picture this: You’re a trader, standing on the edge of a market rife with potential, teetering between uncertainty and the lure of substantial profits. The problem? You’re not quite sure how to navigate this risky landscape.

Kristjan Kullamägi, the man who tamed the financial markets and amassed tens of millions using a unique trading strategy.

Today, we’ll pull back the curtain on his method and introduce you to a secret indicator that can make this strategy accessible to you.

Step 1: Identify a Big Surge Upward

Identify a big upward move that lasts for 1–3 months. Imagine you’re a surfer, patiently waiting for that perfect wave to ride.

The big move upside should be anywhere between 25% to 100%

Step 2: Add the indicator required

This step involves adding the Simple Moving Average (SMA) indicator to your chart, setting the length to 10. Think of it as strapping on your surfboard leash before hitting the waves.

Step 3: Look for consolidation phase and breakout points

We should then look for a consolidation phase and breakout points.

The consolidation phase, where the market meanders sideways, usually lasts for 2 weeks to 2 months.

During this period, assets often bounce on and off the 10-day SMA, much like a surfer bobbing on the ocean swells, waiting for the optimal wave to ride to shore.

In the case of Exxon, we first saw a 27% surge over 82 days. After connecting the green and red dots using TradeDots indicator, we identified a consolidation phase.

The red arrow signaled a breakout, prompting us to enter the trade. Based on Kristjan’s advice, we sold a third of our position after holding it for 3–5 days.

We then use the 10-day SMA as a trailing stop loss, selling our remaining position when the price closed below the 10-day SMA (indicated by the blue arrow).

The story unfolded similarly with $PG, which saw a 26% increase over 91 days.

We identified a consolidation phase and a breakout point (red arrow), entered the trade, and then sold a third of our position after holding it for 3 days. Once again, we implemented the 10-day SMA as a trailing stop loss, selling our remaining position when the price dipped below it (blue arrow).

Harness the Power of Trading: The Benefits of Using TradeDots

From beginners to seasoned traders, everyone is looking for tools that can simplify their trading journey while enhancing profitability. TradeDots, our intuitive and innovative tool, does exactly that.

Simplifying Trendlines with TradeDots

Drawing trend lines over pivot highs or under pivot lows can be tricky amid the market noise. But with TradeDots, green and red dots appear on your chart to indicate market pivot highs and lows, respectively. It’s as simple as connecting the dots to identify your trendlines and breakout points.

Confirming Entry Points with Unerring Accuracy

Once the trend lines are in place, the next challenge is to confirm the optimal entry point. This is where the red dot on TradeDots comes into play.

Think of it as a traffic light, signaling you to proceed with the trade. With this simple but effective visual cue, TradeDots reduces the risk of premature or misguided entries, helping you avoid potential trading pitfalls.

Maximizing Profits with Precise Exit Points

Knowing when to exit a trade is just as crucial as knowing when to enter. It’s the skill of catching the wave at its crest before it crashes. TradeDots assists you in this critical decision-making process with the green dot on your graph.

The Bottom Line

Navigating the financial markets needn’t be as daunting as staring into a star-filled sky without a map.

With TradeDots and the trading strategy used by successful trader Kristjan Kullamägi, you can chart your course with confidence.

By identifying large upward moves, using the Simple Moving Average, and accurately pinpointing consolidation phases and breakout points, you’re well on your way to trading success.

Whether you’re a beginner or an experienced trader, TradeDots can simplify your trading journey. Our tool offers a clear roadmap for drawing trendlines, confirming entry points, and identifying the best exit points to maximize your profits.

About TradeDots

TradeDots is a TradingView indicator that identifies market reversal patterns through the implementation of quantitative trading algorithm on price actions. Try our 7-day FREE Trial to level up your trading game.

Set up your personalized trading alerts using our Telegram Bot, so you can now trade effortlessly without gluing to your screen. Join us now to experience TradeDots across all trading assets!

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Disclaimer: The information provided in this article is for educational purposes only and should not be considered as financial advice. Trading involves risk, and it is important to conduct thorough research and seek professional guidance before making any investment decisions. Prospective investors are encouraged to perform their own due diligence or consult a financial advisor before making investment decisions.