📈futures-stocks-chat

[night flicker]

71.5 points

hmm

[steep tinsel]

ok - i'm out - no point in trying to squeeze every penny out of this ranging today

[wind rock]

On what basis you took short?

[nimble vale]

yeo might take the first l on the day. after lunch on friday moves a bit slower haha

[steep tinsel]

I saw a big move to the upside - right into an OB - RSI going down - ADX (kinda) going up

[outer maple]

What is your r/r?

[night flicker]

I think he is taking 1:1 at 20 points

[nimble vale]

1:1 yep

[night flicker]

that is what I am doing atleast

[steep tinsel]

I really need to work on my Risk managment

[outer maple]

Makes sense with an edge.

That would be about 8 ES pts

[night flicker]

btw all you ES traders, I might have an interesting strat ready for you by Monday lol

[night flicker]

yep

[outer maple]

Anyone using Bookmap? It helps me with conviction.

[gritty crane]

nice thanks

[azure shell]

spooky but it got there

[night flicker]

lmao nice

even if it would've lost, it would still give you 6/7 wins

[azure shell]

yeah i think thats it for me today

[nimble vale]

good idea... lets see what monday brings us! 👌🏼

[gritty crane]

One last one did anyone take this?

[nimble vale]

i did not haha you?

[gritty crane]

Yes last one for today - thanks everyone, have a good weekend

[nimble vale]

you as well! 👊🏻

[steep tinsel]

I just lost one outta 5 today

think I'm done now

oh, and can't wait to see what you have @night flicker on Monday - I'm normally on the NQ though

[night flicker]

imo its best to trade both of them

[thorny shale]

Awesome!

[solemn lichen]

@thorny shale has earned the Lux Level 1 role!

<@!1087072336957673523> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[thorny shale]

👍

[past jungle]

Yep, I use it

[bitter stirrup]

@night flicker I wasn't in here much today but read back through what you taught today. Looking forward to watching this Monday and seeing how it plays out. Thanks for the great info. Probably will hit you up next week, I like this strategy so far.

[night flicker]

the strategy is @nimble vale all credit to him

[bitter stirrup]

Ohhh got the usernames mixed up... So @nimble vale see above LOL.

[nimble vale]

@bitter stirrup anytime man! Have a good weekend!

[past jungle]

I've been scrolling and searching for your strategy people have been talking about. How can I find it? I might be blind

[nimble vale]

@past jungle

1. price above or below the 50 ma
2. lux premium set to auto and mid term ( looking for candle color to match the direction of the 50 ) i.e green above red below
3. using dynamo for my "momentum" confirmation. rsi above/below the 50 level with the adx rising
   just looking for 20 points stop set below last swing or below the 50

[outer maple]

Just backtested strat for the day today and got 6 W & 1 L with at least half of the W's being 2+:1 r/r. 💪

[nimble vale]

Hell yeah! Thats pretty incredible!

Were there any color changes or crossovers during that test? @outer maple anything that would be confusing for someone?

Just thinking out loud here: Maybe the nice thing about holding out for a 2:1 is the trades that happen in between that can be confusing get eliminated a bit as long as the trend continues in that direction… I’ll have to look more into that.
Thanks for doing that @outer maple

[past jungle]

Cool thanks. I'll see if I can get it set up. Also, what is "adx"?

[outer maple]

I think the setups were pretty cut and dry if you know what you're looking for with candles, indicators, etc.

Stick to the plan and the edge should work out esp with proper risk management.

[nimble vale]

It’s apart of the dynamo indicator but it stands for “average directional movement “ and is a measure of the momentum. Usually below a level of 25 means no trend / consolidation and when you see if start to rise or break back above 25 it can indicate momentum coming back into the market @past jungle

Love it @outer maple

[outer maple]

Meaning ADX has to be rising and not leveled off/dipping or its a no trade. Can't violate rules or the w/l can get skewed.

[past jungle]

I think I have this set up correctly?

[nimble vale]

Yep looks correct. I do have the settings of the ADX within dynamo at 7 & 14 instead of 14 & 14

And I personally turn off the volume potion of it to make it a little cleaner to read

[past jungle]

Cool thank you

[solemn lichen]

@past jungle has earned the Lux Level 1 role!

<@!250480321915650048> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[outer maple]

I backtested on 1 min btw. Could/should work on higher TF if you got the patience lol.

[bitter stirrup]

Funny you mention that. I typically trade NQ on 5m waiting for ChoCH+ PB to fill gap and watch price to retrace in the direction and enter on PB after CHoCH. 5m TAKES FOREVER especially since one of my rules is wait for candle close to make entry LOL.

[outer maple]

Normally I do 3 min as a happy medium between 1 and 5 min

[bitter stirrup]

That is probably way more bearable.

[outer maple]

Pretty reliable signal wise.

https://twitter.com/ApexTradeFund/status/1639313112946950165?s=20

ApexTraderFunding (@ApexTradeFund)

Feel free to trade up to the max position size from day one. Our system caps your positions, so you will never be stopped out for trading more contracts in evaluation or funded accounts. #PropTrader #DayTrader
https://t.co/p0iBsjpXfp

Twitter · Mar 24, 2023, 5:07 PM

🤨

[past jungle]

Nothing new lol

[outer maple]

Seems like an invitation to blow up ha

[past jungle]

Yeah, that's what they want you to do tbh

I know guys who buy two accounts and just buy/sell opposite directions on FOMC, CPI days to get guaranteed accounts in 1 day. Then just trade Micros for the remaining 6 days to get funded. You can't do this when you're funded though or they'll shut you down

[outer maple]

Exactly. I've watched all the videos. On 25k evals now. I'll never need or use more than 4 full size ES.

[nimble vale]

do they actually get funded that way? in the rules it literally says something about that same idea and how its against the rules

flipping or something is what they called it

my craziest day in the markets... went full agro with 50 contracts.

last june sometime

$1000 per point lol

[outer maple]

I don't think they care on evals but funded is a whole different story. Evals got about 5 rules and most are about just being respectul and nice to support desk lol

[nimble vale]

lol for sure

[hearty rivet]

I think funded acc has better and easier rules

At least trail drawdown stops at balance+100$

[nimble vale]

Yeah I’m pretty excited for that on the new 300k account I have going

[hearty rivet]

How much left till 9k profit

I bought a 50k acc

[nimble vale]

So for whatever reason it says 20k is the target… I originally thought it was 9 also in which I’d be done with it already but I’ll be done with next week now I think I have 6k left

[wind rock]

I think 20k target for 300k

9k for 150k

[nimble vale]

Yeah oh well I like the room to breathe anyways haha

[hearty rivet]

God damn aha

How many contracts u enter with

[nimble vale]

2-3 normally. My first day with it I did 5 and didn’t like the stress

To many emotions came out so scale it down and let the strat work

[hearty rivet]

Nice

Can I kindly ask you to send ur TV load out link

[nimble vale]

How does one do that haha just copy url and paste?

[outer maple]

Think you said you got the trade copier?

[solemn lichen]

@outer maple has earned the Lux Level 1 role!

<@!804914541367787522> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[wind rock]

I did that on 25k account couple of times when on sale and got the PA accounts but blew them promptly 😆

[nimble vale]

Yes I did now just yesterday

[outer maple]

Same. I got 10 25k accts with the copier. No brainer. Slow and steady with base hits could crush it over time.

Just gotta get funded and then build up a buffer ugh.

[hearty rivet]

One sec

[nimble vale]

Okay! Yep I can do that once I get back to my pc! @hearty rivet

[hearty rivet]

Awesome thanks friend!

[nimble vale]

I do think @night flicker shared one with the same set up but I’ll do it as well so people can find it. Wish someone could pin in this group haha

[hearty rivet]

Definitely !

[past jungle]

I've blown so many funded accounts its not even funny

[hearty rivet]

U can buy some for 12$ rn

[outer maple]

Why I keep telling myself to take it easy for once and stick with the plan. We'll see ha

[past jungle]

Buy what?

[wind rock]

Same here, I am with you

[gritty crane]

Trying to automate this as much as possible for the QuantThis strategy and the 20 RR. How is everyone setting the stop and limit? I use Think or Swim and cannot find an automated way. Is everyone creating them manually?

[wind rock]

I can get to PA pretty decently but did not get that 'first' check yet

[wind rock]

I use Ninja

[outer maple]

I just got preset SL and TP in Tradingview. Also use NT8 and do the same. You can add orders to have a runner go after TP is met on one order.

[hearty rivet]

I just bought 2x 50k accounts

[past jungle]

The problem many people have is that they try to rush it and keep resetting and resetting their evals. I am super guilty of this. I heard a quote that resonated with me last week and it made me think of the funded account process.. "Slowly is the fastest way to get to where you want to be"

[hearty rivet]

For 12$ each

[outer maple]

Don't like Tradingview doesn't have option to add orders...

[hearty rivet]

On Monday I will long one and short the other

[nimble vale]

Is that with leeloo @hearty rivet

[hearty rivet]

Yeah

It ends today

Imma buy one more

[nimble vale]

Lol

[hearty rivet]

I have 1 apex account 50k

2 leelo 50k

Gonna buy one more leelo

[past jungle]

What's the minimum amount of time to pass an eval on leeloo

[hearty rivet]

I think 10 days

But rn

You can get funded in 1 day

Until march 31

[nimble vale]

I do have a tos account to but have not found a way to set orders like that @gritty crane

I mainly use ninja for futures and tos for stocks and longer term holds

[hearty rivet]

Is ninja good

[nimble vale]

Love it

[outer maple]

Just shows opinions vary... Not a fan haha

[wind rock]

yes

[gritty crane]

thanks

[hearty rivet]

I’m on max

Mac

So I got Rithmic and tradovate

Both sucks to be honest

[outer maple]

I got a Mac too but use NT8 thru VM

[nimble vale]

Ah shit yeah I forgot they don’t have that available yet for Mac

[outer maple]

I kinda like Tradovate but execute thru Tradingview now with sync

VM is nice for running Ninja. Called ninja mobile trader I think?

But works on a desktop or laptop

[night flicker]

anyone looking for the chart share

[hearty rivet]

How ?

[hearty rivet]

Much love

[past jungle]

I feel like I'm not quite finding the entries properly? @nimble vale Green candle close over the 50ma, so is this an entry?

[outer maple]

You can sync to select brokers. Click on Trading Panel tab at the very bottom of chart/page.

Super simple

[hearty rivet]

It says my user pw wrong when I login on TradingView to link my tradovate acc

Although I log in fine on tradovate site

[outer maple]

Oh damn. Umm sorry I think you also gotta enable at Tradovate for additional fee.

Thru their addons

Forgot the cost. Like $9 month maybe?

[past jungle]

Do you always use the 1m for this strat?

[night flicker]

Quant built it for the 1m

it might work on other TF but never checked

[hearty rivet]

My tradovate account is made by Apex funding

Can I still do this,

[nimble vale]

Yeah I havnt really played with it on a higher timeframe. Two thoughts I would have would be use a faster ma or use a faster ADX length to provide you with the scalps we’re looking for… another option would be going for a larger tp on a higher timeframe using the same settings knowing you’ll have to set a larger stop due to the stops naturally being farther away

@past jungle

The ADX might get to choppy tho

[past jungle]

Gotcha, I actually didn't know it was for 1m 🌚

[nimble vale]

My bad! Should’ve stated that in the rules

[night flicker]

I saw the message lol

if you want to test it on ES you should take around 5 points profit

one of the thing that I noticed by using range candles it that ES is /4 less volatile, meaning that you need to take /4 smaller profits

[outer maple]

Uh not sure if Apex login would work. Should but maybe check with their support. I got a cash account at Tradovate that I use it for.

[night flicker]

for example my footprint strat is using 10 range on ES and 40 range on NQ, you can just take x2 the contract size.

if you take 5 points on ES you will get x1.6 smaller profits in $ so by doubling the contract amount you will get x1.2 more in ES than you would on NQ

[hearty rivet]

Oh ok

[night flicker]

you can also use micro and take 16 contract giving you basically the same profit

[outer maple]

Exactly... I backtested using 1 min on ES using 5 pts as PT or SL.

[hearty rivet]

On average you should only enter 1 ES NQ contract per 10-12k$ u got

So if you got 25k acc max that people recommend is 2 contracts

[night flicker]

that would depend on your SL as well

most traders will tell you not to risk more than 1% of your account per trade

so for 25k you would risk up to 250$ per trade but many also use 2%

so what you can do is just take the usual SL size and see

for example on Quant strat we are taking 400$ risk per contract, meaning you should have atleast 20k to enter a full contract (2%)

BUT keep in mind that all of us (I think) are using funded accounts meaning for 25k we can't lose more than 1.5k at the start.. so what I would do is use the 7 trading day for the eval, and put that as daily profit goal and also max risk.

so for the 1.5k you can risk up to 214$ per day, so you would take 5 MNQ on that strat

[wind rock]

ES 10R Range chart with Quant strategy

[nimble vale]

@past jungle idea for the 5 min. I put a 21 ema and turned autopilot to short mode. Each one of these trades met the rules. All 1:1 and roughly 20-30 points

[past jungle]

You're a beast. Thank you

[past jungle]

Thank you haha

[nimble vale]

Might be a bit more difficult in times of chop but the trending moments work wonders

[gritty crane]

Lux Futures-chat Team, great discussion today thanks @nimble vale and @night flicker and all of the other contributors.

[night flicker]

what do you guys think on a strat that would give you this on ES (tested on the last 2 weeks):

90% Winrate
10 trades
1 loss
9 wins
15 TP
10 SL
Total profit 125 points

[magic cedar]

Please share

[night flicker]

[gritty crane]

90% win rate = .... ..... YES

[outer maple]

100%. Looked at the past week and some trades are fairly subjective esp in tighter choppy conditions. Like any indicator or strat it will be on the user to be the ultimate deciding factor. Trend days killed it. Having a runner(s) would be key in those trades. Bookmap order flow has kept me out of some jams and in on nice moves. Great contribution overall. HAGW 🍻

[jagged jay]

https://youtube.com/watch?v=WP8S4BUSw6k&feature=share

[hearty rivet]

Yo

[peak fractal]

Oh yes!

[night flicker]

what about this strategy on ES tested on the last 2 weeks:

85% Winrate
7 trades
1 loss
6 wins
biggest loss 10 points
biggest win 51.75 points
smallest loss 10 points
smallest win 18.75 points
average ratio x3.1 (average win / average loss)

[jolly widget]

https://tenor.com/view/do-it-what-are-you-waiting-for-determined-angry-gif-5247874

😄

[digital minnow]

Was wondering what settings do yall use in 5Min ES?

[royal swallow]

DOM and delta vol

[royal swallow]

i use supply and deman for 1h time frame and 4h, than order blocks, liquidity grabs and trendlines, volume , and live dom data....so you have bild your own strategy

[peak fractal]

intraday vwap with deviations. price action with order blocks

[peak fractal]

you can look at the ES chart and enter your trades in the micros. Es/NQ correlate a lot almost exact. Russell is also good they all have micros

[digital geyser]

pls can you share the details mate.

[digital geyser]

thank for this Mish, and thank you @nimble vale for the strategy, will go through and back test ... wonderful share and thanks to both

[digital geyser]

@nimble vale in the dynamo indicator, do you not use the stochastic histogram in the background? worth disabling it to make the chart cleaner?

[peak fractal]

Hey mish! Can i look at the strategy? Thank you!!!

[scenic aspen]

What's that R:R, damnn 😂

Looks good tho

[gritty crane]

I beleive that is a yes in a thread above

[night flicker]

as far as I know he usually doesn't use the stochastics in the dynamo but you can use it as confirmation if it does show something

but you'll usually ignore it

[digital geyser]

thank you @gritty crane @night flicker 👍

[night flicker]

here is the strat that I will share with you guys tomorrow on ES tested since start of the month:

17 trades
14 wins
3 losses
82% WR
total profit 136.5 points
biggest loss 12.5
biggest win 20.75
smallest loss 5.75
smallest win 3.75
usual RR x1.5 (1 trade with 1 RR)

[gritty crane]

Thanks

[steep tinsel]

you da man @night flicker ! I'm taking a look over it now - I read slow though lol

[digital geyser]

thank you mate ... very grateful

[steep tinsel]

question @night flicker on the 2 cancelled longs chart. I see how the first trade was invalid - however for the 2nd trade, I thought we were placing our SL below the 2nd straight TT, not the immediate last one. So if we have our SL below the 2nd TT, shouldn't it have worked?

also on the 'Rule for Short' I think bullet item #1 needs to be, 'Strong Sell' instead of 'Strong buy'?

[night flicker]

it really depends, if you look at the trades we usually looks for the one that makes sense, for example we have only 2 dots on the TT that are straight it doesn't really count as support zone

that is the main reason that I explained the logic behind the strat.

[night flicker]

damn my bad..

[steep tinsel]

hehe

[night flicker]

I'll fix it later lol can't atm

[steep tinsel]

no worriess. i read very slowly

too funny - I was backtesting adding my trades to the chart, but you already have them added in the same place I was adding them! ha

[night flicker]

lmao

do you see any mistakes?

[steep tinsel]

nope - but I see the one on Weds, around 5:40 that shows me why I need to be better at risk management

[night flicker]

what time zone?

[steep tinsel]

est

[night flicker]

is it the 12.5 points loss?

[steep tinsel]

with the time stamps

[night flicker]

Enjoy
(fixed a small miss-type)

[night flicker]

are you using the regular trading hours?

[steep tinsel]

Weds, March 22nd

I think so

[night flicker]

if you want the safe trades.. ignore this one

it has the same rules as the one that I gave as an example for a long

[steep tinsel]

it did work, but if I had risked too much - I would be sweating bullets

[night flicker]

not really.. it was only 3 points

compared to a normal win it isn't much

[steep tinsel]

lol true

[night flicker]

if you risk the same every trade you'll be like "oh well gg go next"

and then it would reverse and you'll be like

[steep tinsel]

it looks beautiful though! I'm going to try it with @nimble vale adx/rsi on the NQ - one day

[solemn lichen]

@steep tinsel has earned the Lux Level 1 role!

<@!804118151532773386> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[gritty crane]

Thanks @night flicker will review in detail later.

[outer maple]

Where are you all finding or how to use that P&L indicator on your charts?

I already got a PT and SL set when I enter a trade but it would be helpful from a visual aspect.

[outer maple]

Ahh nice. Thanks

I think @night flicker had a different one as well in the PDF that I've seen around before.

[steep tinsel]

ok @night flicker after 13 trades on the NQ - I finally found a loser. But that being said, the market was doing nothing and hovering around the TC

[outer maple]

The basic one should do just fine tho

[steep tinsel]

hmm.. I thought they were the same - but let me know if there's others out there

[gritty crane]

@night flicker and @nimble vale thanks for all of the contributions and for sticking your necks out. Very easy to poke holes in a strategy. Putting yourself out there is appreciated.

[night flicker]

glad it helps, just showing you guys that trading isn't as hard as it seems, also I am using those strats so it is helpful to me as well

[night flicker]

my strategy?

[nimble vale]

What’s up guys! Hope you had a good weekend! Sorry I know I’ve missed some @s keep in mind I normally don’t trade the overnight stuff much but again feel free to do what you want… I just can’t expect my tp of 20 points hit like I want normally.

[outer maple]

I only trade RTH but first Quant strat out of the gate tonight on ETH would have gotten a W with my r/r on ES.

[little glacier]

gold 1hr double top RSI divergence bearish

sell signal on Autopilot.

15Min HIdden Bearish

[next badge]

👍🙌👌

I wait till it retests the neck and it came mighty close

[hearty rivet]

Thanks @night flicker

I think you are the only person I have ever seen who utilizes TA candles correctly

Most people put TA candles and trade on it . It’s not for trading it’s for assessing the trend to assist your trading

I haven’t checked it out on charts yet but had a read through and it looks like a strategy I’d trust 👍

[past jungle]

Thank you mish many of us appreciate this!

[jolly widget]

Great job Mish! Didn't see the TA candles coming. Will test it today

[magic owl]

what do you guys use for entry signals?

[humble isle]

Short btc/usdt? What do you guys think?

[little glacier]

Fuck sake it dropped more since morning 😅😅

Well, 1hr turned into strong now. Red candles.

[magic owl]

what is your strategy?

caught a long on the ES from the 4015.75

[jolly widget]

nice I caught the same!

I did it right from the start of this move around 40000 after the judas swing, took partials and got out completely at equilibrium. Then I proceeded to short/long/short/long and got chopped up like an idiot. What I should have done was stay in with a 1 or 2 contracts until it hits the midnight open which it almost always does and not dicked around second guessing myself..

[steep tinsel]

lol @jolly widget I know I've been there before - but we'll get better with people working together - "never trade by yourself"

I'm just trying to figure out how can I stay up to catch those LON sessions

[jolly widget]

As ICT says, you have to learn to trade by yourself. In this game it’s you vs everybody. Financial warfare deathmatch 🤣

[tame bolt]

congratulations.. what made you decide that ?

[magic owl]

mixture of trend catcher and oscillator

and for risk initially i put it below the trend catcher and then when the move went in my favour i put a trailing stop to guarantee profit

[night flicker]

gm everyone, anyone has a good discount for Apex on the 100k accounts?

[jolly widget]

you guys familiar with power of 3 accumulation, manipulation and distribution?

and the judas swing which happens every single day in the London and Ny session

[toxic widget]

there should be no trader on the markets not familiar with at least the Wyckoff theory 🙂

but because trading is advertised like something ANY person can do with a mobile phone and an internet connection, don;t be surprised to find out some don;t even know what an EMA is.

[night flicker]

what do you mean? I just use lux signals

[toxic widget]

naughty naughty

best settings, @night flicker ? 😛

[night flicker]

Aker, lmk if this is possible by a bot

I think it is

[night flicker]

I go to random number generator

[toxic widget]

send it in a message, just popped up here by mistake lol

[night flicker]

lol

[toxic widget]

wanted to reach crypto, hit a notification lmao

[magic owl]

is there anyone here who just uses lux buy/sell signals

[toxic widget]

mate, signals are not for entering trades

why would you use ONLY that?

[magic owl]

im just wondering if there is anyone who just uses signals

[toxic widget]

if you need to ask that question, you should revisit the indicator's docs for a while. better be safe than sorry. I doubt you could find people here using ONLY signals, because users here have good knowledge of trading and understand the purpose of the signals

they should be taken as the name suggests: SIGNAL candles, not trigger candles

as soon as you receive a signal, you start your analysis

but I get what you looking for, callouts

that's not what Lux is

[night flicker]

I do enter on signals.. it is just my last confirmation that I need

I have 3 confirmations though

[toxic widget]

reword it, Mish

like this : "signals are my last confirmation, because I have a few others before that"

which translates to .... I do a prior analysis

I don;t enter blindly on a signal 😛

[night flicker]

my main problem lol

[toxic widget]

see, some might get it wrong

like our colleague above 🙂

[night flicker]

like anything especially with indicators.. take everything as a confirmation.. some are stronger than others but non are taken by themselves

[toxic widget]

much better now 🙂

[night flicker]

[magic owl]

bruh, im not saying i use them solely, im just asking if there is anybody here who does and if so, how their P&L is looking

[gritty crane]

Did anyone take this one at 9:18 may be a dud

[outer maple]

Did not. Waiting for RTH and more volume. Also ADX was below 25 and would like to see it above personally.

Also it had been rejecting off 4030'ish ES pivot and BM liquidity this AM

[night flicker]

better to wait for candles to change colors

don't enter on purple ones

[night flicker]

even though I really like the strat, I might send an evolved one next week (no promises)

only because I've seen the strat missing some obvious big moves..

[steep tinsel]

we welcome the changes! I looked at it through ext hours and it held up well

[night flicker]

lets hope that the new release only improves the strats

you need to remove the lux indicator and add it again

seems like it will give bigger trades

[gritty crane]

Now that is a sell right?

[night flicker]

that was a trade yeah

I was in a meeting and couldn't enter it damn

[hearty rivet]

on my funded eval

[humble isle]

Btc long? What say?

[night flicker]

I know crypto has futures but this one I think is mainly for stock futures (CME) crypto futures in #🚀crypto-chat

[gritty crane]

@nimble vale Trying to understand, are you getting back in again after an inital down. For exaple did you get back in here? Circle beolow in white?

[nimble vale]

Im not normally, but on these extended trending moves i dont see why you couldnt. if the ADX is moving in your favor like weve seen a few times now after the initial trade you could go for it as a continuation move with the momentum @gritty crane

[gritty crane]

thank I was not sure

[nimble vale]

No problem! I might have to look into trying that out on moves like this too. might just go for a smaller tp or something to not get trapped

[gritty crane]

That is what I was thinking, at some point the move will end

[nimble vale]

or this would be a good example of where a "runner" would work out but if i remember right youre using TOS so idk if you can set that up over there

[gritty crane]

Yep correct for TOS.

[gritty crane]

Getting close for a long

[azure shell]

dont know if i would risk a long on a day like today

[barren lintel]

Anyone using the Lux Premium v6 update with the Quant strat? Any issues?

[azure shell]

caught 3 wins 1 loss

[gritty crane]

Are you using the QantThis strategy?

[azure shell]

yes

although one of the wins didnt have one of the confluences

make it 4

[tired plume]

are you waiting for lux premium sell signals? i've only seen one of those on the 5m chart today.

[azure shell]

no just candle color, RSI, and ADX

thanks again @nimble vale

[tired plume]

what timeframe are you on? my candles have been solid red since like 9:30 CT.

[azure shell]

1min

[tired plume]

thanks!

[gritty crane]

Thanks

[jolly widget]

what are your dynamo settings?

[tired plume]

and you have autopilot sensitivity set to 'mid-term'?

[dusty grove]

Was a nice move ✌🏽

Halfway done with my apex $50k evaluation.

[steep tinsel]

nice!!!

[random sage]

Is there anyway to create an alert when the candle change colours?

[hearty rivet]

Hey bro nice! How did you trade ur apex tradovate account on TradingView???

@dusty grove

[dusty grove]

When you sign up for apex you have the option for rhythmic or tradovate accounts, the tradovate accounts allow you to sign into TradingView via tradovate broker ✌🏽

I can switch between my 3 account from there or have tabs open with multiple accounts open or just use the trade copier software…but that’s going beyond the question.

[hearty rivet]

Yes I bought apex account for tradovate account

I log into Tradovate just fine but when I use same login onto TradingView it gives wrong user pass

[steep tinsel]

make sure in tradovate you have the subscription to tradingview turned on

[hearty rivet]

Is it free ?

[steep tinsel]

yep

if you have a tradingview account already - i think

[hearty rivet]

Nicee

I’ll test now

I’m having so much trouble using stop loss and tp on Tradovate

But on tv I can move up or down the sl etc

[barren lintel]

I have a preset TP/SL configured in Tradovate.
Once i enter the trade, the TP/SL is added automatically.
Then you can use the sliders on the chart, just like in tradingview

[random sage]

Im on apex and been using just trading view, aswell, have two eval 50k but it wont let me copy trade them with bracket orders which is annoying

[hearty rivet]

Really? Can you show me how )

I will test in my power hour session in 30 min if god allows

[gritty crane]

@azure shell - getting caught up on the activity today. Is there a specific criteria you are using not to go long? Always trying to learn.

[azure shell]

I'm just not comfortable counter trend trading

[hearty rivet]

so i linked my Tv to my tradovate thanks guys

just question, why it shows buy stop/ buy limit for sl tp? and not how much they are in $ ?

[past jungle]

First day using @nimble vale 1m NQ strat did 3 winning trades. thank you

[fierce hatch]

Where is that one ???

[past jungle]

#📈futures-stocks-chat message

[nimble vale]

Let’s go! I only caught a couple. After the first one in the morning and just continued down I just got some shit done around the house haha

[azure shell]

10 trades today on quants strategy

8 wins 2 losses
2 contracts per trade
$6400 before commissions

[solemn lichen]

@azure shell has earned the Lux Level 1 role!

<@!214865735204208641> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[azure shell]

dont get me wrong theres like two of those wins that i didnt have the ADX rising because iom still getting used to it and usually notice after the trade is already open

i wish i could automate this strategy but i would need to know what constitutes a green, purple, or red candle which i doubt they would share lol

[honest hazel]

@azure shell Can you share his strat, please? I haven't seen it.

[azure shell]

#📈futures-stocks-chat message

also fair warning. if you open one of these trades and you mental isnt good you need to walk away from your computer because there are several times it gets super close to your stop before swinging the other way

best to just open the trade with stops and takes set then walk away and do something else

luckily the trades usually only last a few minutes

[nimble vale]

Wow that’s an awesome day @azure shell!

[hearty rivet]

Hey QT

[nimble vale]

Hello! Haha

[hearty rivet]

candle blinking red on NQ

xd

its inside my 4h Demand zone

but all indicate a short according to strat

nvm closed purple xd

[nimble vale]

Lol yeah was watching it for you but nothing happened… after hours 🤦🏼‍♂️

[hearty rivet]

testing ur strat for the first time

good entry right?

@nimble vale

[gritty crane]

Nice, some of those were fast in and outs

[nimble vale]

I wouldn’t have taken it just due not trading much if any after hours

[hearty rivet]

oh ok

i lost that trade

but made tp on next one

i was in a demand zone, better confirmation was to take only long, but still after hours sux

[gritty crane]

@nimble vale Last question for the night would you take a trade if the ADX goes positive when it is already high. Looking thru today I took the trade below. But since ADX was already high I think that is a pass. Like wise think that if the RSI is high for while it is also a pass. Thanks

[hearty rivet]

High ADX just means the momentum is strong the higher the better

[nimble vale]

Yeah I would’ve taken that trade @gritty crane if it’s during market hours for sure!

[azure shell]

Yeah I would probably adjust the sl/tp if trading after hours since movement can be quite slow

[gritty crane]

Thanks again, you should be Sir QuantThis

[nimble vale]

🤣 has a nice ring to it! Just might have to change it one day! After many more people make some money from the contribution haha

[gritty crane]

Nice of you to share your strategy and answer the many many questions.

[proper oxide]

Will this work with crypto too? @nimble vale

[past jungle]

back test it with different coins

[nimble vale]

I truly havnt tried it in crypto yet! But I would structure it the same way we tried to with the crossover into the ES. Figure out how much you’d want to make per trade, wether that’s with or without leverage ( I’d guess it works better with ) and then see if the rules still apply. Can tinker with the settings of things to try and fit it nicely with what coin you want to trade @proper oxide

Something that is liquid and moves fast might be better also. That’s one of the best parts with this on the NQ it’s quick and can only take a couple minutes worth of “work” if you can meet your goal in one trade for the day.

I’m a firm believe in hit rate > net profit. I’d rather know for any given trade the odds are in my favor. If I know this then I can scale my size according and ill blow any net profit hunter out of the water. I can compound at a faster rate

[proper oxide]

I'll try to backtest. I'll update if I figure anything out.

[gritty crane]

LuxAlgo futures-chat Team, great discussion and information sharing.

[azure shell]

the strategy definitely needs a ranging market it cant just trend up or down for long stents

so find a crypto that ranges well

[past jungle]

LINK/USDT

[hearty rivet]

whats the fees for 1 nq contract?

[azure shell]

depends on your broker but ive never seen ore than a few bucks

[grizzled imp]

Hey Quant, reading up on your setup. Looks very nice. I’m a newbie on nq1’s. A couple of starter questions if you don’t mind.. what are the trading hours you are talking about… is that London open or NY… and not for example Sydney / Asia … And do you have a preferred broker which also has a test account….

[digital geyser]

hey mate, pls can you advise settings for htf like the 1hr, 4hr and daily .. or any suggestions?

[hardy prawn]

Swing trader? Contrarian Trader? .... which is good for btc?

[grizzled imp]

Depends on your style..

[hearty rivet]

sick entry

took the short

[random sage]

Win to start the day ✌️

[outer maple]

News in 10 min

[hearty rivet]

lets say you in 2 contracts

on rithmic how do you close 1 and keep 1 running?

[night flicker]

you do it through NT

[azure shell]

quick and easy

[night flicker]

with the new lux version

needs to be changes to short term

[nimble vale]

So far so good! Top one is running mnqs

[hearty rivet]

are you sure?

[nimble vale]

I have not changed any settings yet on my strat but if short now seems to be working best I’ll check it out

[hearty rivet]

short gives too many false signals

mostly buy followed by a sell the next candle

medium is good

[nimble vale]

That’s what I found also on the old version too

[hearty rivet]

short also gives you green to red directly or red to green bypassing purple

what i like about your strategy is the momentum is one directional so could be for longs or short. The purple candles give a time buffer to indicate the direction is changed to your favor

[nimble vale]

Yes I agree. The transition really helps me see the change in that short term trend, and keeps me out of those fake outs 👌🏼

[hearty rivet]

indeed

have you setup alerts?

[nimble vale]

I havnt. You?

[hearty rivet]

Yeah

Kind of

[azure shell]

i usually just have an alert for the RSI crossing the 50

[hearty rivet]

or for adx or for buy/sell signal

but all those can waste your time. Best thing to do is alert the purple -> to red/green

then you can check rest of conditions if good

[grizzled imp]

But reading above , switching to short term , looses the purple switch.. than there is only red / green..

[hearty rivet]

You could do ask QT. Its great enough on mid term

[grizzled imp]

Hmm, on short term the purple is still there..

[grizzled imp]

I believe he mentioned it above..

Oh, it was mish... #📈futures-stocks-chat message

Need more coffee...

🙂

[fair stag]

@night flicker do you want to use old signal indicator?

[bitter orchid]

Ooo this is the chat to be in

[grizzled imp]

True, but also keep in mind that when it's curving down, it loosing momentum. That sounds / is logical.. but an high adx does not mean it's going up... 🙂

[bitter orchid]

Which indicator is this?

First day using lux/trading view - do any of you use the FVG and which TF? I’ve been playing with 3m

[hearty rivet]

High adx means high momentum strength, but it could be high but at same time moving sideways you are right.

[night flicker]

yes please

[grizzled imp]

So I'm new to this, and scaveging this chat now 🙂 , but how much is 1 contract.. Or is it.. it depends 😄 ...

[night flicker]

the new indicator fucked my strat lmao

[fair stag]

I will share the chart , you copy and paste the indicator into your ticker

[night flicker]

are you using the new version?

[night flicker]

thank you, I think I did find a way to fix it that may even increase the profit but it would help ragardless

[fair stag]

I am not doing futures

but I have saved old indicator

let em share you

[night flicker]

ty

[fair stag]

https://www.tradingview.com/chart/xM5ebU1M/

copy the indicator and place it into your chart

better save this indicator template

[night flicker]

thanks a lot!

[fair stag]

👍🏻

[azure shell]

just lux algo premium

[night flicker]

another trade on short term with new version

with short term it did 2/3 wins

[azure shell]

i wasnt a big fan of this entry but it paid off in the end

[hearty rivet]

took a short on my supply zone tp thank god

[night flicker]

it shows me the new version

[hearty rivet]

few mins later took QT's strat long tp too

[fair stag]

send me screenshot please

[waxen socket]

Hi everyone. Who had the guts to re-short /NQ @ 12720?

[fair stag]

check this again

https://www.tradingview.com/chart/xM5ebU1M/

[bitter orchid]

or which specific feature setting is this one

[fair stag]

for me it shows old version only

[night flicker]

works thanks!

[fair stag]

Great

better save it as indicator template

[night flicker]

yeah just did, thank you

[fair stag]

👍🏻

[grizzled imp]

Ha, thats cool. Didn't know that would work.

So is the Dynamo, didn't know that one..

[grizzled imp]

Yes,, but just also saved the 5.3 version.

[gritty crane]

What does everyone do for this scenario when it looks like you have a clear entry and then goes negative? Do you hold and lose 20 points or close at break even

[fair stag]

yes, if you saved it

[grizzled imp]

I'm appreciating the Wavetrend by AdonisWerther more and more lately.. in this strat this would have helped...

You could have skipped the first green entry since you are on top of the momentum, but could have entered on the retrace.. since the candle bar is still green..

[bitter orchid]

Any chance you can share your settings for this layout?

Within LuxAlgo on TV

[waxen socket]

Sure - just give me a few minutes.

[bitter orchid]

appreciate it!!

take your time - im using this for the first time

[gritty crane]

Missed this one

[waxen socket]

I use this general layout for all futures. For each future, whether it is /CL, /HG, /BTC, /GC, /ES, /NQ, etc., I usually tinker the sensitivity value to tailor them since they all behave differently. I believe that v6.0 of the signals overlay provides fewer false signals - however, I found that the trade-off causes a few entries that are a bit late for short / long positions. To compensate, I lower the sensitivity values and use the SuperOsc to filter / flag any false signals as a result of lowering the sensitivity values. Multiplier in the SuperOsc is set to 3. I also use the Breaker Blocks overlay as a confluence to the PAC overlay. The perfect setting to show last bullish / bearish blocks is between 5-7. I sometimes use the ATR to establish a SL (default setting of 1.5). Link below:

https://www.tradingview.com/chart/1Uzg9FLF/

[bitter orchid]

Is there a way to open up those settings within each indicator?

[azure shell]

got spooked out of this one probably because i was watching it too much but good luck to theose still in

[waxen socket]

Yeah. You can open up the settings for each one by clicking here:

[bitter orchid]

nothing happens for me, maybe ebcause its view only mode?

NVM figured it out!

i had to make a copy

[azure shell]

patience is a virtue apparently

[bitter orchid]

Is there any reason you dont use the built in order blocks on the new price action concepts?

[hearty rivet]

Lol i was in same trade

but i knew it would bounce based on ta so i entered on the candle after it

[hearty rivet]

risking 80 ticks with 1 micro is alot let alone mini

[bitter orchid]

@waxen socket Also quick question why are some of those candles purple. Thanks in advance for all of the help

Also general question for everyone, how often do you guys see the Signals & Overlays repaint?

[waxen socket]

I actually do use the PAC order blocks. But I also use the breaker blocks to help me get into retracement short / long entries as soon as I see a CHOCH+ appear. Just like this long entry I took in /GC this morning.

[bitter orchid]

Interesting. I just didnt see you had any OB checked on your PAC settings

[waxen socket]

None of the LuxAlgo signals repaint I believe. Some candles are purple since they indicate indecision so I hold off on taking any trades when I see them.

[bitter orchid]

Gotcha. I have noticed FVG's disappear when they get filled so I probably have to take my trade review screenshots faster.

In the same case then, would these candles indicate indecsive momentum to the upside?

[waxen socket]

I usually have this as my settings in the PAC indicator: I do not really use the swing ones though.

[bitter orchid]

Oh whats the difference between the check marks at the bottom under Order Blocks Any Alert?

[waxen socket]

Correct - those red candles invalidate any long trades. On the contrary, I would suggest entering a short trade at the top OB especially when a prior CHOCH+ appears.

[bitter orchid]

@waxen socket - last question before i just play around with the rest of it, is this just showing another orderblock on an already existing one? so double confirmation of the area

and if you could clarify the diff between the orange/blue and the red/green

[waxen socket]

Sure. The blue / green ones represent bullish OBs (price can bounce off those) and the red / orange ones represent bearish OBs (price can reject lower off them). When you see overlap of OBs, I usually just focus on the OB provided by the PAC indicator.

[azure shell]

bummer

now thats just cruel

[night flicker]

look at RSI and ADX

[azure shell]

yeah i guess i jumped the gun since the adx was pretty flat

if i wouldve been paying attention i couldve jumped back in on the next bar since it also met all the confluences better

[night flicker]

this seems better

if you look at the first strong sell you can see that we had a sell before and a sell after showing that nothing is decisive

[barren lintel]

This is the one I got in. Only one I got in today. Was probably some better ones during the day while I was afk

[night flicker]

the wave trend is really nice

canceled the losing trade with the new lux version on short term

[toxic widget]

fortune favours the bold 🙂

the fuck is wrong with SPX and NDX?

will my forecast of 3K come to fruition?

that would mean a tough recession for the US

[peak fractal]

They are insane today both the es and NQ back and forth changing conditions all fucking day its insane

[hearty rivet]

I’ve been doing 20 ticks tp

You guys doing 20 points or ticks?

Holy shit 20 points is 80 ticks?

Imagine a stop loss of 20 points with 1 contract

400$

[toxic widget]

better not start a deal that hits the SL lol

[hearty rivet]

2-3 contracts 800-1200$

[hearty rivet]

I’ve been going for 20 ticks not 20 points and doing just fine

[toxic widget]

each to his own :)))

[hearty rivet]

Yes sir

[toxic widget]

high volatility = huge profits

[azure shell]

points

[toxic widget]

but also huge loses

up to everyone to manage that 🙂

[waxen socket]

Of course when I go wash my hands in the bathroom, I miss this short opportunity on /CL:

[acoustic mist]

@waxen socket can u share the settings for Luxalgo signal and overlays
One more question it's works with heikin ashi candle only.?

[azure shell]

long here or possibly too close to the end of the trading day

probably just sit out this one

[waxen socket]

Sure. I have shared it below. The sensitivity values for each futures ticker varies as they each behave differently - but this is what I have discovered works best for /NQ. Personally, I would never set it below 25 or any higher than 40 for any future. Please let me know if you would like the values for tickers other than /NQ.

[acoustic mist]

@waxen socket thank you bro
Can you help me ticker value for Indian stock exchange
1 Nifty 50
2 Bank nifty
Which is very helpful for me...

[barren lintel]

Lol thought I was doing something wrong because this what I noticed as well

[peak fractal]

Oh no today has been the wild wild west

[tame slate]

Entry Looks good ?

[azure shell]

i wouldnt mess around in the power hour

liable to get whiplashed

[tame slate]

True

[azure shell]

@night flicker you figure out how to automate quants strat?

[bitter orchid]

can you share yours for YM and ES too? 🙏

[waxen socket]

No problem: Here are my recommended sensitivity values:

1 Nifty 50 - 31 sens
2 Bank Nifty - 33 sens

[thorny shale]

I love this thread, Everyone is so helpful and caring for eachother.

Keep up guys.

Thank you so much, I am learning day by day and getting better and better

[night flicker]

didn't look into it yet

[acoustic mist]

@waxen socket thank you so much bro
It's only work with heikn ashi candle?
Normal candlestick is also work?

[thorny shale]

👍

[thorny shale]

Thank for your help, If you can please for /CL & /GC

[waxen socket]

Sorry - did not clarify before. Yes, I have only tested my strategy with HA candles on the 5m TF. I can't testify the accuracy with normal candlesticks and other TFs - but I have a hunch that it may work well with them too. Please feel free to test it on normal candlesticks and report the results.

[night flicker]

whats the strat?

[acoustic mist]

@waxen socket OK bro will share the result

[waxen socket]

Sure. For /CL - best results are with 27 sens
For GC - best results are with 35 sens

[thorny shale]

Awesome, Bro. Thanks

[waxen socket]

Hello Mish. I briefly illustrated the summary of it below - but I am planning to release a PDF of the scenarios / conditions to follow with customized sensitivity values by early next week.
I love your contributions to this channel btw.
#📈futures-stocks-chat message

[thorny shale]

THanks a bunch guys.

[grizzled imp]

@night flicker , what would be the best times to do NQ's , is that just London and NY ... or are the other sessions also worth the time...

[waxen socket]

Sorry that I missed this (working at my job at the same time, lol). Here are my values:
ES: 37
YM: 41 (accounts for very high volatility)

[bitter orchid]

Nice thanks! How do you guys use the signals & overlay? Just lookin at past sessions and it seems very historic

[solemn lichen]

@bitter orchid has earned the Lux Level 1 role!

<@!713185431365222400> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[gritty crane]

Getting advice for all of the quant strategy followers. How did everyone trade the following. Looks to me like twp trades

[nimble vale]

if you wanted to be taking any trades these wouldve / couldve been the trades in my mind to take.... if youre using the 1:1 and 20 points.

sry probably more like this so we see the adx rising more in the first trade

[azure shell]

quant are you using the updated 6.0?

[nimble vale]

i believe so

yep on mid term still

[gritty crane]

thanks

[round eagle]

I´m still pretty new to daytrading but what confirmations do you use for a good entry and exit?

[azure shell]

what do you see on the second trade to prompt another entry @nimble vale

[past jungle]

There's a a higher r:r if you get a green candle bounce off the MA on quants strat. its great

[nimble vale]

so personally im not normally entering in these but i know this exact scenario has been asked about a few times so i through it on there for those wanting to take it... As we labled this in the past it would be a B+ set up... but the rsi being above the 50 level and the adx starting to rise again with the candles switchig back to green could be enough confluence for one to take a trade, all while above the 50 ma of course. @azure shell

[round eagle]

@nimble vale what do you use as short signals for a trade on your strategy?

[nimble vale]

price below the 50 ma, candles switching to red ( preferably from purple ), rsi below the 50 and pointing down, Adx rising ( preferably from below or around the 25 level ) @round eagle

[azure shell]

from what i can tell today there were 8 total trades possible if we are strict with the strategy and only take trades where the ADX is clearly heading up

6 wins
2 losses

not too bad for a 1:1

bearing in mind i didnt take all of these

[round eagle]

@nimble vale thanks, i really like your strategy and I'm getting more and more succes in my trades because of it 🙂

[azure shell]

specifically i ended the day flat with one win one loss and one early out that essentially just covered commissions

[random sage]

I adjusted the strat from 20:20 to 25:14 to get a better RR and it has been working well with 10 mnq contracts (500win 280loss)

[nimble vale]

yeah i wasnt able to take take every trade today but i did have a loser in there today this afternoon ( not perfect but ended green )

[azure shell]

after yesterdays banner day i cant really complain

[nimble vale]

right! haha and we'll have more of those days coming!

[digital geyser]

thank you mate, appreciate your knowledge sharing

[azure shell]

yeah today was all over the place

[hearty rivet]

@nimble vale I was trading using 20 ticks

Was working very well

I never knew u guys trade 80 ticks

That’s hugggggeeee

[nimble vale]

i was just catching up in the chat and saw that haha! Ive never gone by ticks before having not really done anything in the forex land so it was always points for me.

[hearty rivet]

Aha damn

[nimble vale]

but hey 10 points is still a great trade too! might have abetting hit rate!

20 ticks however you want to say it!

or would that be 5 points

[hearty rivet]

It’s not even 10! It’s 5 points ahah

[nimble vale]

lollolol

[hearty rivet]

Jesus Christ ahaha

20 points would be like

400$ per contract

If it’s accurate that much on 20 points then that’s amazing

[nimble vale]

yeah thats normally what i go for! thats why i was always saying 1 trade a day and youre making a great living. dont need to catch every trade this way

[hearty rivet]

Exactly

[nimble vale]

100k a year off 1 trade a day

[hearty rivet]

Right

Crazy

You enter with 3 contracts also

That’s sick

I can’t bear a stop loss bigger than 300$ tbh aha

[nimble vale]

but if you like to be active then 5 points can be fun too... you could probably use the short autopilot since youd have more entires and less risk if one doesnt work out

[hearty rivet]

Well

My scalping is based on 10 minute so 10 one minute candles

[nimble vale]

and yeah im playing with 2-3 on the 300k challenge. today i was only working with one as i was away from my pc most of the day.. using teamview to remote in and trade a couple times haha

[hearty rivet]

If nothing happens in this 10 min I’m out

[hearty rivet]

Ahahaha crazy

Imma try an entry on after hours

Was doing great yesterday

[nimble vale]

yeah go for it! i think that tp in the after hours would be viable over the 20 points.. just doesnt move that much in the after hours for the bigger tp in most cases

[hearty rivet]

Yes indeed

But do remember Asia and Australia and Korea opens

1-2 hours after the after hours open

[past jungle]

Is using teamviewer while you're away seamless? any lag issues?

[nimble vale]

i havnt had any issues with lag @past jungle and ive been out on the golf course not using wifi or anything like that and trading

only thing i would say is turn off any auto updates your pc does so it doesnt restart turn teamviewer off and then you get trapped in a trade

or just use your tp and sl when you enter

[random sage]

@hearty rivet did u figure out the alert on when the candle colours change to green and red?

[hearty rivet]

@nimble vale used your entries and got out at my demand

i coded my supply demand indicator to draw everything itself

[hearty rivet]

ye but it works weird

[azure shell]

made a trading view indicator to help identify when the adx is in an uptrend

overlaying it on today would cancel out two of the trades from today one loss and one win brining it to 5:1 ratio whisch 80% aint half bad

looking forward to tomorrow

[gritty crane]

Nice it it works would you mind sharing the indicator? Thanks

[tired plume]

oh yeah? i was experimenting with that and wondering.

[bitter orchid]

Hey @waxen socket did you ever change your orderblock settings?

[flat wagon]

Lrc target 0.4185

[past jungle]

#🚀crypto-chat

[warm raft]

Any one tell I can't see signal sensitivity or confirmation signal agility

[nocturne sigil]

OMG

[peak fractal]

I would probably treat ym with caution it has little volume. Russell is probably better because it moves many times different than nq and es that basically move in unison

[bitter orchid]

I primary trade YM ES NQ, but when YM is weak and NQ strong (or vice versa) and ES is going sideways I look for continuations on either index

[waxen socket]

Good evening. Yes, I am currently experimenting as I am trying to optimize the Breaker Blocks efficacy for each futures contract. You can continue to use the suggested settings that I mentioned earlier to you today - as they should still be very sufficient. Sometime next week, I should release an official PDF / Word document that details all of the optimized indicator / oscillator / sensitivity settings as well as the conditions / scenarios that should be met when following my strategy. I will definitely keep you guys posted.

[maiden path]

hey guys, did they just revert back to 5.3 version?

[grizzled imp]

Nothing in the announcements. still showing 6 here.

[grizzled imp]

So. ticks... points... . You mean these ticks ( as in the 20 ) or.. points as in the 5 ?

Or as in the percentage, which on this screenshot is 0.04...

[night flicker]

it says "Ticks"

points is 1$ move (aka 4 ticks)

[gritty crane]

Amazing that it hit the 20 points and often bounces

[hearty rivet]

could you send it bro

[toxic widget]

so far, all good 🙂

a pretty ... blue day today

[hearty rivet]

Crude oil news in 30 minutes, careful now

[toxic widget]

it runs on automation, mate 🙂

[hearty rivet]

oh nice

[toxic widget]

I just open the account and watch

[hearty rivet]

Seal's?

[toxic widget]

what it does, not my problem 🙂

[hearty rivet]

i wanted to try his on brent

[toxic widget]

yes, Seal's strats

[hearty rivet]

nice

[barren lintel]

where do I find this strat?

[toxic widget]

ask Seal when you see him around

he can explain it better

I just automated it

it's hard to trade manually nowadays

plus it's time consuming and stressful

[round eagle]

what broker do you guys use?

[flat wagon]

Close m'y xrp position beacause correction 👀👀

Prechot pump and dump ?

[night flicker]

why is the volatility so low lately??

[toxic widget]

not sure how yours is, but mine works just fine after a big red deal

[bitter stirrup]

@nimble vale so curious watching NQ 1m right now. ADX is now below 25. Are we looking for another entry when it turns up as long as the trend continues? I got the last long 12895 and got 2@10 and 1 runner, just curious how you would be looking to attack moving forward. Also 2/2 today killing it! Thanks for everything!

[azure shell]

just slow day in the market

we are limping to every point

[night flicker]

what do you mean? look at the US 500

only 0.3$ move atm

and for US Tech only 30$ move which is ok-ish.. how long have you been in the trade?

[bitter stirrup]

3/3 Got that short!!! The Quant Strat is straight 🔥

[round eagle]

@toxic widget what broker do you use for trading

[toxic widget]

coded the automation on Capital.com

works fine with UK and EU

unfortunately, not available to US traders

[round eagle]

ah thanks

ur from eu?

[toxic widget]

allegedly, we were once part of the EU 😛

i'm UK, mate

[round eagle]

Ah

si

[toxic widget]

pretty extensive and easy to use API, for those interested: https://open-api.capital.com/#section/General-information

happy coding 🙂

[thorny shale]

👍

[barren lintel]

Can you provide a screenshot of the trade

[round eagle]

@toxic widget how long did it take you to code seal his strategy

[toxic widget]

I think is 4 weeks now

most spent on learning the API

and the market

[round eagle]

and its pretty worth it right?

think i'm going to give it a shot to learn to code it

[toxic widget]

any strategy is worth it if you apply it at the right time, with proper risk management and consistently

no results come in a day, that's why consistency is the key

[round eagle]

agree

[bitter stirrup]

Shorted at 12909, TP@ 10 handles at 12899 I'm running 3 contracts so I take 2 TP at 10 handles and leave one as a runner. I've seen 5/5 winners today based on the rules Quant laid out.

[barren lintel]

Damn ok. I think im getting thrown off because im using v6. I didn't get the sell signal until 12899

[bitter stirrup]

I'm not using the buy and sell signals, I'm taking the trade as soon as the candle closes in the correct color. So that short, as soon as that candle closed red and I saw the ADX going up, I entered the short.

[barren lintel]

Yeah im not using the buy/sell either.. But the candles wont turn red until there is sell signal. If you look at my chart my candle didn't turn red until 2 minutes after yours did

[bitter stirrup]

Oh yeah. Interesting. Wonder why that is.

[solemn lichen]

@bitter stirrup has earned the Lux Level 1 role!

<@!713511734811295894> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[barren lintel]

Its cool. Thanks to the chart bigsmoke posted yesterday, I have a chart with 5.3

[night flicker]

idk but version 6 is working nice for me

needed small adjustments but works great so far

[barren lintel]

You using a manual sens or automated?

[night flicker]

automated on short term

using the wavetrend insidactor that someone shared before to filter false signals

only enter on strong sell / buy

anyone who is using the older indicator version, how many trades did you get today? and how many wins?

[barren lintel]

Wavetrend by AdonisWerther?

[night flicker]

yes

you do need to think a little more though

I'll give you an example

you can see that need the end of the trade there was a valid sell signal, the problem is that we can see clearly that the chart it consolidating.. let it break first and then come back to trade

(even though it was like 2 ticks from TP but what can we do lol

I would probably have exited that trade after a few candles of it teasing TP

somewhere over here

didn't take that trade live

did take this one and because I entered a little under where the trade is, I TP'd already

and trades like these where the wavetrend isn't either blue or in the same direction I would skip

[toxic widget]

automatic close in less than 5 minutes

lovely

[barren lintel]

@night flicker Thanks man. This wavetrend is going to be useful. Would you go ahead and close the position of the wave changes from blue to orange/yellow?

[hallow vine]

What time frame is this bro

[round eagle]

@toxic widget hope my profits will look the same once im done with coding

[frosty oracle]

Hello all,
i am new and happy to be here 🙂

[round eagle]

welcome!

[magic cedar]

Is the Wavetrend on default settings and what time frame do y'all trade on?

[grizzled imp]

Yes, thats a piece of nice work. He has more.

[tired plume]

and did you set it to short-term, or still using mid-term?

[night flicker]

no, just don't enter a new one

[night flicker]

1m.. it is basically the Quantstrat but replaced the ADX and RSI with the wavetrend because of the new version

[sonic folio]

can you please help me how to get backk to 5.3 version .. i dont have asaved tempelate?

[night flicker]

short

[barren lintel]

@night flicker one last question. Lol. You doing rth or eth

[night flicker]

I only trade RTH with this strat

I also switched it to RTH so don't take the first 1/2 signals

[tired plume]

rad thanks.

[round eagle]

https://tenor.com/view/oof-of-foo-fo-ooof-gif-20925476

the moment you realise your snack break took to long and you forgot to close your trade

[night flicker]

[hearty rivet]

Mish how are you finding the 6.0 different than 5.3

If there is any, I see it even better with 6.0

[night flicker]

feels like they had a problem with many false signals which is common for any indicator, the main usage for the signals was basically a confirmation that you use with their other tools.

what seems like they did is change the algorithm to either need more confirmations or wait for the trend to be clearer which made it lag.

with their % less false signals the main question is.. ON WHICH TIMEFRAME? because I think they looked mainly on HTF (since there isn't many LTF) and when I say HTF it is 15m+ which is not good enough for funded accounts where you want more scalps. That is the main reason why I think V6 is causing problem for scalpers while people in crypto for example love the version more

what I will check tomorrow though, is whether the new version with the adjustment that I made can give us a 30 points TP instead of 20 points.

on the strat that I sent in the PDF that doesn't work with the new version is if you are using the new version the trades that you will take are bigger and longer so maybe it is true for Quants strat as well

I mean.. look at how it kept going in the direction of the trade in every win, if we keep the 20 points SL and we take 30/40 points TP, we reduced the risk by a lot since we will lose 400$ at SL but take 600$/800$ per TP, with the current WR at 80%-ish (sometimes higher) we will give us an average of x5 profit to loss ratio (for 5 trades, 4x30-20 = 100 points) which for a day like today will give us 2k profit which is nice

and in case of taking 800$ (40 points) it would give us 140 points AKA 2.4k profit

sorry I tend to over explain

[hearty rivet]

very nice explaination

i tend to agree

shall we just use 5.3

or even better idea. enter on 5.3 and follow our trades on 6.0

so if we enter on 5.3, we check the 6.0 if we get a signal a few candles later then we can be more sure of hitting tp or even like u said hit 30 or more

[night flicker]

what you can try for sure is enter on 5.3 and check contrarian on 6

[hearty rivet]

not a fan of contraian

if you get a buy signal , that means price did a very bullish move

its normal for price to retrace back a little, in which contrarian will assume its a bearish move

im almost done coding my sp/dmnd tool

i was in many trades where i closed my position before a reversal cuz it hit a sp/dmnd

[solid tulip]

Check price go down

[hearty rivet]

price will struggle at 6.9

can short it till there

price trying to fill a imbalance

if we hold below 6.978 then you can add to ur short position till 6.900

[solid tulip]

Ok

you mean is impossible to go down 6.9

[hearty rivet]

no

tp 1, close %50 of position

let some run

[solid tulip]

Close it ?

[azure shell]

so i was taking a look at what today would have looked like at 2:1 ratio on NQ

3 wins but a massive 2 hour long trade that probably would have been super stressful watching it retrace

[solid tulip]

🦦

[solemn lichen]

@solid tulip has earned the Lux Level 1 role!

<@!1052739698432421958> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[sonic folio]

can you Please share it on tradingview .. i havent saved it..

[hearty rivet]

yes

[hearty rivet]

guys why nq not moving?

been like this for 30 min

[solid tulip]

@hearty rivet Bro see

I’d like to tell you that I’m still alive 🤕😂

[hearty rivet]

https://tenor.com/view/hmm-ok-okay-then-gif-24387952

[nimble vale]

What’s up guys!? How’d the day go you you?

Sorry I wasn’t around much got a commercial property deal taking up to much of my time at the moment lol.

I like your idea @night flicker making it a little more than 1:1 should easily work

[gritty crane]

Had some personal items that took priority and missed most of the day.

[nimble vale]

I feel you there!

[azure shell]

it was a good day to miss

not a lot of movement

[solid tulip]

You see fucking MASK when I sell go down

🔥🐻

[steep tinsel]

yeah - i've been swamped as well

but plan to hit the markets tomorrow!

[barren lintel]

Can you share your chart? I must be doing something wrong because I'm not seeing these.

[night flicker]

Thanks, I will test it live today, won't enter on live money but will test it for next week

if it goes well today and tomorrow I will let you know

[hearty rivet]

Do not trade today

[night flicker]

whats today?

[night flicker]

interesting.. did not take it since it is before UK market.. but seems to work fine

[tepid patio]

Hi @night flicker What is the middle indicator?

[night flicker]

lux MAPO

changed the length from 10-100 to 20-200

[night flicker]

4120 - 4170 reject OR now already.. according to /renko chart

[ivory crater]

Thanks a lot, are you using the same strat which you shared earlier?

[night flicker]

nope, I am still testing the strat, might share it later on

[night flicker]

according to this we are supposed to get to 4099 so maybe we will get 4120-4170

[night flicker]

NQ just did Uno-Reverse lol

[thorny shale]

any suggestion for Dynamo indicator setting for /ES, 5m. HA ???

Also, for SuperOSC (LuxAlgo) Please ?

[gritty crane]

Tough day today seems like we are getting good signals and then reversing. At 10:11 looked to me like a clear down

[high moth]

Took my profits and ran NQ is all over the place today!

[solid tulip]

💔

[night flicker]

hope you guys can tell why I didn't take the second long

the short at the end isn't valid with the wavetrend

[night flicker]

it went for the reject btw, you can see that from when I sent this it just consolidated and now it broke

even though NQ decided to go sideways for us..
my footprint did:
7 trades.
6 wins.
1 loss.
total 750$ per contract before commissions

and on ES:
5 trades
5 wins
430$ per contract

[bitter orchid]

Fire @night flicker! What time frame do you trade off of?

[outer maple]

Is that the new strat you are currently testing?

Getting W's at all the past couple days really says something. Should only be better when market opens up a bit more imo.

[night flicker]

its my footprint HFT

adjusted the strat a little, smaller trades but higher wr

[outer maple]

Had you posted it yet or still tweaking? Thanks in advance.

[night flicker]

this one stays a secret sorry..

[gritty crane]

Nice good job, had to step away for all of the morning

[azure shell]

did you adjust the ES strat because i only see 3 strong signals on es today unless youre on 5.3(im using 6.0)

[jolly widget]

hit my SL but I bagged and tagged 9 1/2 handles son son!

done with the day, adios boys

[night flicker]

its the footprint strat

finished with:

NQ:
7 wins 3 losses 600$ per contract

ES:
8 wins 1 loss 875$ per contract

Average 80% WR

[grizzled imp]

Second is a big ass candle.. nomally gets eaten up down..

what time was that candle ?

[grizzled imp]

The footprint...is that the one with 50 ema, candle color to the trend + wavetrend ?

[azure shell]

No thats quants strat

[random sage]

What wavetrend indicator and settings are you guys using

[grizzled imp]

Whats the footprint one...

[night flicker]

the footprint is my private strategy, just sharing my results

[night flicker]

the basic settings

[random sage]

Ok cool and which particular wavetrend indicator?

[dense geyser]

Hi Mish, is this the one? Wavetrend in Dynamic Zones with Kumo Implied Volatility by AdonisWerther

[nimble vale]

decided to go a little heavy into the funding challenges on their last day of 80% off lol

[night flicker]

lmaooo

was that 1 trade?

[nimble vale]

2

the top ones are running mnqs

[night flicker]

nice you doing only 1 contract?

[night flicker]

yes

[nimble vale]

yeah for today i did still had a bunch of stuff going on so couldnt really monitor it alot

[night flicker]

either way good profit gj

[random sage]

@night flicker do u take a long when its yellow?

[night flicker]

only when it is blue

also, use some logic

first X - we see chart consolidating, we will skip 2 longs in a row almost instantly (even if not consolidated)

second X - Wavetrend positive

Third X - Wavetrend positive

[random sage]

Thanks man

I back tested the quant strat today got 6 wins 2 losses with 25/14 pts, total win 98pts… but somehow i lost on the day lol emotions man i tell ya

[night flicker]

what strategy?

[random sage]

Quants and 5 wins*

[night flicker]

you should take 20 points TP and SL

its a 1:1 RR

[random sage]

Yea i saw that i was just playing around with higher and lower to see what would work so i dont have to be right more then im wrong lol

[solid tulip]

Guys what’s the best indicator to use ?

[random sage]

Also are u guys using short term or mid term sensitivity?

[azure shell]

trades i ran today 4 wins 2 losses rr 1.5:1

you can even see one of the losses i shouldnt have taken based on the wave being yellow

gotta stick to the plan

[last kraken]

Hello everyone, im totally new and beginner, any recommendations to help !? I will be happy to learn more from you..🥰

[azure shell]

best thing i can tell you is read back through the chat because there have been multiple strategies mentioned over the past few weeks with setting and indicators

also make sure to start with paper trading and stay that way for a while

and if youre truly new to the market you need to watch some videos explaining things like market structure and the way a futures contract works

[dapper palm]

Hi

What’s best setting for Spx 0dtes?

[last kraken]

Thank you Ristic for your reply. I will start with what you said and i really appreciate

[hearty rivet]

Nice!

[gritty crane]

Search and review @nimble vale and @night flicker they created a few of the strategies discussed recently.

[ivory crater]

Thanks, how to read Wavetrend? any documentation around it

[broken lotus]

Please share the strategy, i have also multiple losses

[last kraken]

+1

[opal swallow]

do we have an indicator shows the volume of pending orders?

[digital geyser]

#📈futures-stocks-chat message

[grizzled imp]

Yes, this one is also very nice. Also in Crypto.

[hearty rivet]

Today is big news

[night flicker]

anyone here is trading before UK market?

[round eagle]

im

[frosty oracle]

WHat is the footprint strat?

[frosty oracle]

Is there a document or something where i can found shared strats?

[random sage]

Nope, just gotta reread these messages

[night flicker]

personal strategy that will become HFT

most trades take 1 minute or so

WTF happened

oh

PCE

[high moth]

NQ has been sitting on the top reversal zone all morning lol

[round eagle]

😦

[bitter stirrup]

I think I might be using the @nimble vale strat wrong.... However, I'm 11/12 over the last 3 days... This is what I'm doing.

NQ 1m Only
Lux Signals and Overlay 6.0
Dynamo, ADX and RSI only
50 EMA
Candle above 50ema must close solid green AND ADX be at or above 25 curving up showing a continuation in trend
Entry for 10 pt TP (I'm personally running 3 contracts 2@10 - 1 Runner)
Inverse for Shorts.

Anyone correct me if I'm doing this wrong or there's a better way to get more entries? I have noticed that a lot of times my runner get's BE'd but not by much, so if there's another confluence that allows for earlier entries that would be awesome!

[outer maple]

That's what I got for the strat and potential entries. I'd say you're doing well considering the PA this week...

[bitter stirrup]

Thanks, just wanted to confirm this was correct. I'm by no means complaining about the win rate at all. This has completely changed my trading this week alone. I took 3 funded accounts this week, manually trading one like I have been. Blown. the other 2 using this strategy strictly, up 2370 on a 50k eval, and the second account using a variation moving a couple TP and seeing if there's anyway to optimize and it's up 892 in 3 trades, I botched one trade by mistake yesterday so it was an invalid for data discovery.

[outer maple]

I think Quant strat is about as simple yet effective as you can get. No need to over complicate by adding new indicators other than those outlined. Sticking with the rules should give enough edge to come out ahead in the long run day/week. This week has been tough so any green at all is a good thing imo and should only compound with volatility again.