📈futures-stocks-chat

[viscid torrent]

See attached image and red arrow pointing at the blue bars… I’m talking about the wave trend indicator not the strong signals. The wave trend indicator you recommended… do you know if there is a way to set an alert to show when the bar colour changes / is blue?

[steep tinsel]

again - no

we know what you're talking about

[viscid torrent]

Hi mate am I talking about a different indicator? As I don’t think wave trend it is always blue when it is strong sell / buy on lux signal

Right

[steep tinsel]

#📈futures-stocks-chat message

[viscid torrent]

If you see the strong buy here and wave trend at bottom. The wave trend is NOT blue (the bars not the line)

[frosty oracle]

true but i don´t get your point ...

[viscid torrent]

I have no point. I’m simply asking if anyone knows of a way to set an alert to trigger when the bars on that indicator turn blue (at each bar close to send an alert).

[night flicker]

yep, forgot that in automation you need to set an alert for all confirmations, since there is no alert possibility for the wavetrend you can't do that

what you can do though, copy and paste the indicator and add the alert... don't think it would be too hard if you know how to code

[celest epoch]

if anyone is interested in this modified Dynamo, that colors the adx line to match whether or not @nimble vale entry conditions are met, here you go 😛

something i really like in particular for catching pullbacks is when rsi jumps over 50, changing the color from red to green and vice versa, and that coinciding with overbought/oversold on a slow stochastic.

[hearty rivet]

very well done

[hearty rivet]

are you good with pinescript?

[ancient marsh]

CPI tomorrow could be choppy/range bound today

[celest epoch]

i'm good, not super-proficient.

[hearty rivet]

could you help me with my code? i can pay ya aswell shouldnt take long

[celest epoch]

hah i dont need any money if its easy enough. Just DM me 🙂

[hearty rivet]

sweet!

[barren lintel]

https://www.tradingview.com/script/K9AFguTX-Wavetrend-in-Dynamic-Zones-with-Kumo-Implied-Volatility/

Choose Strong Wave Trend from the alert condition options

[outer maple]

Tough day on ES so far. No trades yet. Difficult to tell which move will be the one if it even happens.

[austere viper]

its going down now

There is your quick 5 pt scalp

CL pop for 53

NQ off the open already down with momentum for 50pts

[barren lintel]

Interesting. I seem to have got my sell signal before you did and the trend catcher/tracer were still green. You're was also a strong sell. You using short-term?

[austere viper]

For these it was set to mid-term auto, everything else was default

I have gotten rid of lag and any emotion by automating my trading on Tradestation which uses easy language which is much easier than C++ in Ninjatrader but I have been coding simple strategies there as well. All the strategies are based on very simple triggers and 1 maybe 2 filters, that's it no secret sauce.

[celest epoch]

i smell a reversal

[austere viper]

These trades are all using a simple trigger with no filters and easily automated using NT, Tradestation, MT4/5, etc...

[open wren]

NT ?

[celest epoch]

ninjatrader

[austere viper]

Ninjatrader

[celest epoch]

man did i call this or what :p

[random sage]

What a brutal day all loses for me

[ancient marsh]

Chop

[random sage]

Saw your message too late lol

[ancient marsh]

Took stop on opening short but reentered

Only winner at least was good

Cpi tomorrow will bring volatility which this strat needs

Could be very good

[outer maple]

At least you pulled the trigger. Watched the Charlie D vid on YT and its pretty evident that a person (me lol) won't be around long if they can't even be in a trade.

[gritty crane]

Yep, looking at the quant strategy looks like a couple losses.

[past jungle]

Haven't really been any valid entries. Maybe 1

[random sage]

Hit my daily loss limit so no I will watch from the sidelines lol

Ya they probably werent even valid im trying to multi task at work here, doesnt have my full attention so i should not be trading!

[past jungle]

Could probably take a short here, just fade the edges on these kind of days

snagged a few points off the quick short kind of a weak buy signal here according to the strat, we'll see

[ancient marsh]

This long is valid

Rsi >50, increasing adx, green candle, and buy signal

[past jungle]

Yup was good, I'm out at Vwap tbh

Dumb day, I know how this ends - me blowing my accounts, I'll be back later 😂

[hearty rivet]

beautiful shorted this zones 2x

tested 3x, i wont take a short again from this zone, its weak

holy shit

current gameplay

[past jungle]

Nice!! thank you

[hearty rivet]

no prob

try to use supply and demand along with quants strategy

this last bullish signal was a fakeout, if you knew a supply was there you couldve saved your trade

yeap

https://cdn.discordapp.com/attachments/820503399232700436/1095392340211937342/Screenshot_2023-04-11_at_19.57.54.png

we will breakout of this zone, nice long area

[barren lintel]

Are you manually identifying and drawing the zones?

[hearty rivet]

yeah based on my rules

also i made an indicator to draw them for me

[austere viper]

Lets see if this pans out, no indicators, just market structure. Market driven into demand and gather orders to take higher, pinned into 1H equal lows six times, with the 6th being the deepest and best momentum. Multiple TP targets with open high being the best target

[acoustic mist]

@celest epoch can u share the statergy and setting which will be useful for me

[barren lintel]

What timeframe do y'all watch PAC on?

[gritty crane]

Crazy day, ended flat and done for the day

[celest epoch]

I haven't seen a dump this fierce since i sat on the toilet monday

@acoustic mist - strategy is from @nimble vale. Search for his name and ADX, you'll find it. The script doesn't need to be changed for his settings

wow, ADX over 50

[outer maple]

Great film for your all's viewing pleasure. TV MA - smoking, language btw 😉

https://www.youtube.com/watch?v=--H8SY334Zw&t=5s&ab_channel=flooredmovie

[boreal widget]

What’s this About

[outer maple]

Behind the scenes of Chicago pit traders and the advent of computerized trading.

[barren lintel]

i see you left adx at 14/14. Have you found that works best? I thought Quant said he uses 7 - 9 as length?

[celest epoch]

oversight more than anything @barren lintel - that can be tweaked in the settings

[barren lintel]

oh ok cool. wasn't sure if 14/14 seemed to be better as i haven't tested it. Thanks man

[random sage]

seems like the quant went 2W 5 L today

[night flicker]

tough day?

[gritty crane]

Even for me, how about you?

[hearty rivet]

Whats up

@night flicker long time no see

[night flicker]

my machine isn't ready yet so I don't run trades

[night flicker]

yeah I've been in the shadows for a while lol

how have you been?

[hearty rivet]

what machine

good bro, away from trading aswell

but back today

[night flicker]

nice

did you take trades today?

[night flicker]

the HFT

entering almost every 10 range candles

[hearty rivet]

oh damn you are serious about that

can retail users use HFT?

cant wait to see it. Should change the way trading is known

[night flicker]

it would be hard since it may enter 1 tick above/below which may be crucial for the tps buy I guess I'll have to use limit orders instead of market orders

or maybe it will be good enough to just sell to a quantitive trading firm and I will take a % or something we will see

[hearty rivet]

damn you are coding it yourself?

thats sick

[night flicker]

I don't like the WR though atm.. I want to sit at 75% but its at 70%.. close enough but not there yet

[hearty rivet]

70% is great!

[night flicker]

yeah, the math isn't complicated which is why I am suprised.. it did go through around 5 evolution and theory testing before getting to this one but its simple enough for a 8 yo to do the math lol

I just need to learn NT api since it gives you the option to automate strategies and gives me footprint

I saw that your indicator is going well also, how is it?

[random sage]

Need to lower my daily loss limit.. overtraded for sure today now only got 400$ till my trailing stop lol

[hearty rivet]

nicee you are doing machine learning?

[hearty rivet]

going great man thank god, grabbed 3 nice trades today

do you know why my candles are like this

10 ticks is too huge usually its way less than what i usually draw aswell

[night flicker]

thats 10 ticks on NQ?

[night flicker]

if I am a machine then yes

jk all the calculations and the conclusion were manually

[hearty rivet]

lmao nice, you said evolutions so i thought of epochs

[night flicker]

yeah I do need to learn machine learning.. would probably make everything easier but not quicker

maybe for later concepts I will do it automatically

[night flicker]

what timeframe are the candles?

[hearty rivet]

1m

[night flicker]

not sure why its like that

maybe low volume atm

[hearty rivet]

hmm

[night flicker]

was it like that all day?

[hearty rivet]

no just now

even btc

[night flicker]

I don't think you have any session open atm

so almost 0 traders

probably retail betting on tomorrow CPI

[hearty rivet]

i see

[ancient marsh]

Anyone else having problems logging into tradovate thru tradingview?

[random sage]

I can

[ancient marsh]

Thanks, must be on my end

[olive cipher]

Guys why agility has been removed after update. Anyone?

[night flicker]

to make it easier to change the settings

[ancient marsh]

Cpi today sould give us some good moves

[barren lintel]

Jeez 100+ pt move

hopefully a good sign

[ancient marsh]

1 for 1

[barren lintel]

I got 1 for NQ and 1 for ES

[ancient marsh]

How does your es perform?

Im assuming you use smaller stop and target

[celest epoch]

two picture perfect trades I want to share with you guys.

1. I missed the opening hour, and come home to see NQ with red candles but rising.
   Stochastic through the roof overbought, but not breaking out. I short on the third rejecttion candle, and you can also see below stochastic divergence and a little harder to see, RSI divergence. Stop is the top of the wick, and i am using the trend tracer to mark my TP

the first circle is where i close out my position. Note to the left is a Quant-strat entry arrow. I don't like thiis signal because we just swooped down into oversold, so I wouldn't tack on here, but it does tell me to keep a lookout

2. We pullback into the EMA's (21/34/50), hit overbought, then on the next candle, crossunder the ema's. I pick up a new position here, and tack on when i get a fresh Quant-strat signal

been managin my position since

[barren lintel]

Damn @celest epoch thats nice.

love the insights

You updated the script?

[celest epoch]

i am working on stratifying it, and i set ADX to 7

[barren lintel]

nice

[celest epoch]

this is 160 tick TP

not great but serviceable. this doesn't take into account OB/OS and obviously doesn't have Lux-algo's trend info

so it's a companion for now

@fair tartan what is this source data returning exactly?

[dusty plinth]

What's the best broker with high leverage to trade gold, oil and forex?

[celest epoch]

I hear Hanko is nice

you should ask in the forex chat

[dusty plinth]

Ty, what about for futures?

[celest epoch]

I use IBKR, def stay away, lol

[austere viper]

Learning Market structure will help everyone trade with zero indicators and see the tape much clearer. This morning gave great trades and easy pullback scalps.

[celest epoch]

100% agree

[austere viper]

Thanks to @outer maple for being my trading companion this morning, you got this.

[random sage]

2/2 🔥

[ancient marsh]

2 for 2

All we needed was a little volatility

[tidal jay]

Honestly I've just been trading with ORB, orderblock formation and candle coloring since 6.0 came out and having an absolute blast

Not sure how long this honeymoon phase will last but it's been great

Old ORB levels usually get a reaction, which was new learning for me

[vast cargo]

One must understand Price action concept. Lux algo tool provides you an edge to your trade. I have been using it for a month, and very useful. If someone interested in looking at my chart, please look under #💬hangout . I have posted many charts for the crowd

If it breaks the Red poc, we see downward target to white line

[barren lintel]

@vast cargo Which volume profile you using?

[vast cargo]

So many different ways to trade

[vast cargo]

It's a session volume

It becomes so easy to trade with Lux algo, if you have good grasp of Price action

[ancient marsh]

Fed Minutes in 10 mins

[random sage]

3/3

3/4**

[ancient marsh]

Chop now

[random sage]

Very chop 🤢

4/5 if u took that one

[ancient marsh]

Boom, big winner

[night flicker]

which one?

it was a 3/3 day

[open wren]

Is it strictly for NQ & ES

[night flicker]

only NQ

[night flicker]

yeah

don't just enter trades with the indicators, use the chart as well guys

[random sage]

I usually use price action and candle formations to filter out possible bad trades

[open wren]

Are the trades typically shorter than 3 minutes?

[night flicker]

not today

[open wren]

Can I dm you to get further validation on what I have to do

I saw someone also made an indicator that had quant this entry confirmation are you using it?

[night flicker]

you can do that here let everyone learn

[random sage]

My avg trade is 6 min and longest from the week is 41

[open wren]

You prefer to keep the borders on?

[night flicker]

borders?

[lunar shell]

On the IMPULSE MACD, are you using 12/26 setting , for this 1 minute strategy?

[random sage]

I use the base settings

[outer maple]

I'm actually using 34/9 and not sure if I picked those settings up along the way somewhere exactly but the imacd is really a secondary level and more useful for when it flatlines at 0 is a good indication to possibly stay out.

[lunar shell]

Ok cool, 34/9 is actual the default .
Thank you for this 🔥🔥🔥

[open wren]

Yes the candle borders do you find them better. Having them on cause lux always recommends to turn them off

[night flicker]

not sure why but you ALWAYS want to know the direction of the candle..

[random sage]

I have the borders off i can usually tell what the candle direction is i have the wick a slightly different colour aswell

[night flicker]

removing the borders makes it so that you only see the LUX colors AKA the trend direction, all indicators lag and if you get yourself more familiar with candles and such you can understand what trades to stay out of and which ones to get in to

[night flicker]

yeah but I like just instantly seeing without looking and previous candle even though its easy.. make things more easily recognizable without thinking much

[open wren]

What are all the indicators

My bad

[open wren]

Do you use impulse MacD or Lux Macd

[random sage]

Impulse by lazybear just the histogram

[open wren]

Default? Settings

[random sage]

You betcha

[hearty rivet]

Based on Supply demand, no setup on NQ

on all tf, the closest zones are 500 ticks up or 500 down

[open wren]

It isn’t working

[tired plume]

working great for me. thanks again @celest epoch!

[open wren]

Can you send it please

[tired plume]

i just copy/pasted the code that @celest epoch included in the post you responded to above. worked like a charm.

[hearty rivet]

current outlook for NQ

all demand supply zones that arent already invalidated

[random sage]

3/5 today not bad

[open wren]

oh i do not know how but for sure

[dusty plinth]

Has anyone backtested quant strat for gold or any forex pairs?

[tired plume]

in tradingview, you click on 'pine editor', click on 'open' then select 'indicator' under 'create new'. you then paste all of the text that @celest epoch posted in the post you replied to in the code area, then click 'save' and 'add to chart'. hope that helps!

[open wren]

Got an error code thank you tho bro!!

[open wren]

is this correct @night flicker @random sage

I just don’t know how to use the top indicator

[night flicker]

What are all these indicators?

You just need the ADX and RSI one which I forgot the name of rn

Change ADX length to 8

[open wren]

Impulse MacD
Lux RSI under it
then some trading view oscillators to spot divs

Bottom is dynamo

[open wren]

Smothering to 8 too or only Length?

[night flicker]

Only length

Yeah entry is valid

How many points fid you set as tp and sl?

[open wren]

Well I don’t know what’s supposed to be the SL range but this one was 4 pip SL and since it did 8 R

a 32 pip TP

[night flicker]

Pip or point???? 4 pip is not enough.. even in ES which is leveraged x50 and NQ x20.. my smallest trades (HFT) is bigger than that

On NQ you are supposed to take 20 points (80 ticks) and on ES I think it is supposed to be 4/5 POINTS (200 - 250$ per contract)

[open wren]

I’m just blinking

[open wren]

Here it is

[open wren]

What would the screenshot mean I’m not too familiar with options / stock trading

[past jungle]

Your screenshot shows 32 ticks for TP assuming you were long there. color scheme makes it hard to tell

[open wren]

His message implies there’s a difference between PIP & point now you bringing up Tick

So there’s Tick, Pip, Pippet and Point

[past jungle]

Nevermind, you have a 32 point TP, not tick

[open wren]

what exactly is the difference ? Can you please help me

[past jungle]

Every $0.25 move in NQ or ES is a "tick". 4 ticks make up 1 point

[open wren]

pippet is one as well? @night flicker

[past jungle]

No pips in futures contracts

[night flicker]

Oh I see.. you are on NAS100 not NQ

[open wren]

I thought NASDAQ100 was NQ

[past jungle]

Nice catch, didn't see that

[night flicker]

Are you familiar with futures?

Btw if I sound aggressive I don’t mean to😂

[open wren]

Isn’t ES/S&P/SPX all the same as

SP500 also known as in some servers US500

Same way NQ is

NASDAQ / US100

All my life has been a lie mannnnnn……..

[open wren]

enlighten me

[night flicker]

Yes and no, if I am correct they do move similar but there is a difference in futures, most futures are processed through CME you can look them up and get more information about their tickers.
Most (if not all) futures are leveraged, and they work differently than the base stock, for example NQ is leveraged x20 in NQ and has a tick size of 0.25$ meaning the minimum move is 0.25$ which is converted to 5$ loss / profit (0.25*20).
A point is a 1$ move, so in NQ and ES it is 4 ticks (1/0.25).

I also think that futures are more volatile but I may be wrong in this

Also, since the futures are processed through CME the price and information is supposed to be the same on all brokers

[open wren]

so NQ moves roughly exactly the same as NAS but since they are different values does that mean the strategy wouldn’t work for the one I’m trading on?

oh so is this also why option trading / futures makes profits very much faster

Since every point I make they’ve made 4 times ?

[night flicker]

NQ vs NAS100

Almost same moves, but you can see that NQ did 0.63% move while NAS100 did 0.27% so roughly x3 more volatile

[night flicker]

Every point in NAS100 us 1$ profit, on NQ it is 20$ since it is leveraged x20

[open wren]

What the fuck!!? Sign me up!!! I’ve been doing 60 points like nothing aiming for 300-500 point moves

With this I could be doing 20 points a day and walking the fuck away….

[night flicker]

Keep in mind that you can also lose x20

https://www.cmegroup.com/markets/equities/nasdaq/e-mini-nasdaq-100.contractSpecs.html

[night flicker]

If you don’t want that, you can use MNQ that gives you /10 the size.. so x2 leverage so you can buy 5 contracts to risk /2 less than on a normal NQ (MNQ = Micro NQ)

[open wren]

In the meantime will it still work for NAS or no

Thank you so much for the clarity brother 💪🏽🙏🏽

[night flicker]

You welcome, not sure about NAS100

[frosty oracle]

Hello @celest epoch ,
i used your code and it is really great 🙂 I hope you are not mad at me but i changed a bit.
Now i only get a signal if the ADX is rising. Can you take a look at this and give me your opinion to this?

//@version=5
indicator("QuantThis Strat", overlay=true)

adxlen = input(14, title="ADX Smoothing")
dilen = input(14, title="DI Length")

dirmov(len) =>
    up = ta.change(high)
    down = -ta.change(low)
    plusDM = na(up) ? na : (up > down and up > 0 ? up : 0)
    minusDM = na(down) ? na : (down > up and down > 0 ? down : 0)
    truerange = ta.rma(ta.tr, len)
    plus = fixnan(100 * ta.rma(plusDM, len) / truerange)
    minus = fixnan(100 * ta.rma(minusDM, len) / truerange)
    [plus, minus]

adx(dilen, adxlen) =>
    [plus, minus] = dirmov(dilen)
    sum = plus + minus
    adx = 100 * ta.rma(math.abs(plus - minus) / (sum == 0 ? 1 : sum), adxlen)

sig = adx(dilen, adxlen)

ma50 = ta.sma(close, 50)
rsi = ta.rsi(close, 14)

prev_adx = sig[1]
current_adx = sig

adx_rising = current_adx > prev_adx + 1

longCondition = close > ma50 and rsi > 50 and adx_rising
shortCondition = close < ma50 and rsi < 50 and adx_rising

plotshape(longCondition and not longCondition[1], "Long", shape.triangleup, location.belowbar, color.lime, size = size.small)
plotshape(shortCondition and not shortCondition[1], "Short", shape.triangledown, location.abovebar, color.red, size = size.small)

[celest epoch]

hey there. add three `s around your code so that your message is formatted properly

This is code
This is not code

[frosty oracle]

Thank you 😄 was already wondering why your message looks better 😄

[celest epoch]

okay so, technically this is correct. I would do it one of two different ways:
I would skip your assignment unless you plan to use it elsewhere:
adx_rising = sig > sig[1]
or
ta.rising(source, length) → series bool

[random sage]

1/1 🔥

[celest epoch]

man this indicator makes my life so much easier

here's an experiment that got me long just a few minutes before open

Short, Mid, Long all side by side. Recovery from red to green on the short term chart on the left is where i took my entry

[tired plume]

so you’re primarily using the short setting on the 1 minute? i’ve been testing back and forth with short and mid.

[celest epoch]

for now its an experiment to see how successful it is.

we've definitely stalled out on NQ

setting a short order 13070

filled, HOD is mmy stop

[ancient marsh]

GL

[celest epoch]

i hate annnouncing trades. always feels like im jinxing it

[ancient marsh]

I feel you, take solice in knowing it has no affect

[celest epoch]

yup, there it goes. alright no more shout outs from me 😉

@tired plume 2 for 2

$400 on 5 MNQ contracts

[tulip haven]

Nice run on ES using Quant.. Thanks!

[celest epoch]

load a bullet @tired plume - about to get a 3rd signal

[tired plume]

nice! keep us posted!

[tired plume]

and i'm trading MES, but watching MNQ too.

[tulip haven]

Looking for anyone that has more info on a ES set and forget strat.. I only have the basics, and my brackets are not working..

ORB Strat (Set and forget): Based on previous OR data, set up a 3:1 bracket buy/sell order, whichever order hits first, other is the stop. Half the order closed at target, rest hold to close or large trailing stop. Brackets are adjusted based on volatility

Questions....
–-What is the previous OR “time range”, and “days back” to gather the data from?
–- How to calculate the target?
–- Best time to open the bracket at OR; 30sec, 5min, 30min, 1 hour?
–-How long after the OR do you wait to consider the strat not working for the day and cancel; 1 hour, 2, etc?
— Best way to judge volatility for the day, beyond news? Based on the “prev OR calculations used for the bracket”

[celest epoch]

okay that's enough for me. That specific strat went 2/3. I'll come back and see how it went later

[half bobcat]

Bearish confirmation on MES?

I have nothing on my chart on the 5m I entered the trade down 15)

20$

So far results after following all alerts today on LuxAlgo

[night flicker]

You just enter every strong signal on the 5m?

[half bobcat]

How am I suppose to do it? @night flicker

[toxic widget]

this chat also needs some guidance, @night flicker

[half bobcat]

After first candle close and confirmation I enter

[toxic widget]

new traders might think signals are callouts

[past jungle]

Its like been watching grass grow for an hour

[night flicker]

Sadly too much lol

Never appreciated what you are doing over #🚀crypto-chat more than I do now😂

[night flicker]

Have you looked in the chat history?

[night flicker]

Also is that live account?

[celest epoch]

Shortsville?

Ladies and Gentlemen, we have breakout

[ancient marsh]

Breakout fail possibly

[celest epoch]

had a nice springboard action but yeah its falling in

[ancient marsh]

I scalped it, made like 2pts is all

[dusty plinth]

same lmao, pull back and go up now prolly

[ancient marsh]

Fax

[acoustic mist]

@celest epoch please share the indicator what u r using and settings bro which is usefull for me.

[ancient marsh]

Good longs today 🔥

[past jungle]

Another possible long entry forming

[half bobcat]

90$ trade

ok

time to buy a rolex

[barren lintel]

ive missed so many today due to working.

rip

[round eagle]

what leverage do you guys use

[past jungle]

all liquidity is higher

i dont want to get bamboozled though

soar past 13220 would be epic

[ancient marsh]

If it gives another buy, im gonna take it

Not going to overthink this

[past jungle]

Did you take it

[ancient marsh]

I did

-1

I took it, but not married to it

[past jungle]

I am so married to new highs

[ancient marsh]

Youll probably get it

But i have made a few changes to the strategy to fit more my style

[past jungle]

New highs and bears are on a stretcher, bulls just need to twist the knife here

and they're running out of time

[hearty rivet]

OPKPKKIJ Apex 80% code

https://apextraderfunding.com/member/aff/go/zainmahfoud2

use my referall link

[ancient marsh]

Its wanting to turn short red

There your highs

[barren lintel]

Yeah im staying out. I got almost 20 pts today because couldn't watch the charts. But its coming up on 5m/15m order blocks and its eod

[past jungle]

Beautyyyy sold at 220

[random sage]

I hate working 9-5 cant wait to get back on shift work lol

[barren lintel]

im wfh so can usually watch it, but today was a shit show with back to back meetings

[random sage]

I started a new job so i have 9-5 web based training 😂 got one win today tho 😈

[past jungle]

we might get some selloff EOD, people need to monetize their calls

before the 0dters feel the wrath of Mr. Theta

scalped that long, im really looking for a short here, but time is of the essence

[ancient marsh]

Same but no shorts today for me

Hmmn, maybe

[night flicker]

X20 on NQ and x50 on ES

[past jungle]

Short here stop over 50MA

bulls dont want to lose 13200

Got out with a small profit. Jeez came within $51 bucks of passing an eval and they didn't wanna give it to me

[round eagle]

thanks mich

mish*

[ivory crater]

Good to follow in case you want to see more analysis on NQ/ES/SPY https://www.youtube.com/watch?v=GwWKplSlAAA.

[past jungle]

The trade still gave 20 points AH lol

[clear cedar]

We need a thread on WFH and trading secrets!

[night flicker]

how was today for you guys?

[solid tulip]

Nothing 🙂

[night flicker]

pain

[random sage]

Only had time for one trade and it was a win, gonna check shortly how the strategy as a whole did today

[gritty crane]

Looking at the Quant strategy I got in for three successful longs, I did not follow the strategy fully since I got in again after the signals fired after the 20 point profit

[gritty crane]

Did you have a 'pain' day?

[night flicker]

no trades

focusing on my HFT 100%

[gritty crane]

Good luck

[dusty plinth]

Guys question, during after market trading hours is the leverage low? I entered a trade and did not get as much profit as I would during trading hours. Or did I take it out early?

[night flicker]

do you know what leverage stands for?

[dusty plinth]

lol yeah, guess I took the trade out early then

[night flicker]

so just see how many points you took..?

[tired plume]

really good day. i actually ended JUST a little red but learned some huge lessons about where the strengths of my edge are (and still utilizing and using the quant strat, been working super well). really helpful day.

[half bobcat]

MES flagging like it’s about to go straight to the moon

[past jungle]

banks reporting tomorrow morning

[wind rock]

Apex Trader funding has new sale till 4/20 ... 90%off first month... SAVE90 is their code

[random sage]

Another great day 4/4

[topaz onyx]

i think you are misusing or misinterupting the word leverage

You probably mean AH trading is less volitile

[random sage]

4/5 one loss in there lol

[night flicker]

Me? You can read back my messages and tell me if that is true, I doubt it though

[past jungle]

lol

[barren lintel]

WHATT?? I may have to get another account. Need to figure out how to setup copy trading

[hearty rivet]

Does apex

Funding require you to reach target in 7 days? Or there is no minimum days till target??

[random sage]

No min days, take your time, if your account is positive when it cones to rebil it stays the same, if it it’s negative it will reset back to 0

Min days is 7 no max days**

[hearty rivet]

sick thanks man

because i just bought 10 accounts lol

what usually costs $2k costed me $ 150 lmao

whats best package to buy for copy trading?

[random sage]

I dont have one yet, but I heard good things about replinko

Idk if I spelled that right 😂

[barren lintel]

I see apex also advertises https://apexinvesting.com/ninjatrader-8-trade-copier-for-multiple-accounts/

[random sage]

I think replilankto has a 7 day free trial

[barren lintel]

well damn. been exciting so far

[ancient marsh]

News in 7 minutes

[barren lintel]

good call. standing down for now

[hearty rivet]

i knew its gonna hit 200 ticks

but i got out at 20 ticks

better safe than sorry thank god

https://cdn.discordapp.com/attachments/1087198795734990848/1096438361524289617/IMG_0060.jpg

my friend held his balls through on same trade

[thin knoll]

nice friday beer money

[hearty rivet]

[ivory crater]

Played on pure price action

nice trade

[barren lintel]

Looks similiar to mine on NQ.

[ancient marsh]

No long there as my adx wasnt increasing

[barren lintel]

yeah i jumped the gun and didn't pay attention to adx.

[ancient marsh]

Adx is a great momo tool

[random sage]

The chop 🪓

[ancient marsh]

Scalped that short

[past jungle]

I would consider that a 6/10 short signal. I love it when theres a purple candle closing above/below the 50ma in the direction of the trade. That previous short had a purple candle close above the 50ma

[ancient marsh]

Do you know why it didnt do purple before the signal?

It seems to be because its the short+ signal, in line with the main trend

[past jungle]

Hmmm I don't but you're probably right

premarket higher low test again

[ancient marsh]

Just my observation not 100% sure

[past jungle]

It did have purple, it just dropped fast

[barren lintel]

not too bad.

[half bobcat]

Dead cat bounce MES?

[barren lintel]

ok thats a wrap. im done for the day. need to be heading out soon anyway

[ancient marsh]

Long setup

Big moves today

[random sage]

Another L

[past jungle]

Frustrating day, that's when you know its time to touch grass

[random sage]

Another L lol

See u guys monday wave 👋🏽 😂

[celest epoch]

have a good one @random sage

[ancient marsh]

Scalped that last short

[ancient marsh]

Later

[random sage]

Enjoy the weeknd !!

[barren lintel]

damn, just realized I can log in to my tradovate account using NinjaTrader. This is going to be so much easier

[past jungle]

failed longs are testing my sanity

[ancient marsh]

You taking full stop?

[past jungle]

wdym? 20 point stop?

[ancient marsh]

Yes

[past jungle]

Yeah

[ancient marsh]

Yep thats irritating

Big volatile day like today, stop may need to be adjusted

[random sage]

Anyone use ATR to calc stop loss and such

[past jungle]

There's 3 wins 1 loss with the strat so far

[ancient marsh]

There you go another win

[past jungle]

🤯

[random sage]

Brutal day for a 45 tick stop loss 😂😂

[barren lintel]

yeah i hit a couple today as well on my personal account. Just for it to it turn around on the next candle

smh

[random sage]

Couple hit within 2 candles 🤢

[past jungle]

Where is max pain for traders today? that's where NQ is going

probably higher than 170

[past jungle]

Here's why taht short signal was a bad idea to take

[ancient marsh]

Obvious liquidation break also, longs reloaded

[past jungle]

[barren lintel]

Whats the red line

[past jungle]

where the Fair value gap fills. just some ICT concept

Cmonnnn plz rippy rippy rip face off

Boooo no fireworks boring zzzz

Have a great weekend everyone

[ancient marsh]

Volatile day crappy close, crappy day good close

Have a good one

[past jungle]

Final results of today's Quant strat Wins and Losses: 5 Wins, 2 Losses, that's 80 points profit.

To put that into perspective, that's a passed $25k eval with Apex in one day with 1 contract of NQ. Would I recommend buying 1 contract of NQ instead of MNQ on a $25k account? No I wouldn't. But with the 90% off discount, it might be worth it.

[random sage]

Good stuff, is that with 80 tp and 80 sl?

[past jungle]

Yep

[nocturne sigil]

Im lurking around and this caught my 👁️ What is this indi?🙏 I wanna try too 🙏

[nocturne sigil]

Interesting...seems like everyone here doing great with this new strat...

[celest epoch]

howdy @nocturne sigil

[nocturne sigil]

hey hey

What's new here?

[sage shard]

Hey hey

[nocturne sigil]

wuz up 👊

[sage shard]

Im just starting out watching all the ingo and learning vids her for Lux

[celest epoch]

@nimble vale has a simple strategy he uses to gain 20 points at a time. basically ADX > 25 & RSI > 50 & green bars on mid-term trend tracer = long. RSI < 50 and red bars = short

[nocturne sigil]

this sounds pretty good, im gonna give it a shot over the weekend...

[celest epoch]

i wrote a script to help spot those moments, but I don't lean on that too much. I've been lining up a 2-pane window with short-term and long-term barcolors, and then i use market structure to guide my entries, and ema's / stochastics to. spot pullback's for re-entries

let me give you an example from earlier today

[nimble vale]

Pretty good day

[celest epoch]

honestly that's what i love about your little hack @nimble vale - why think at all when you can just be in and out robotically and make boxes of ziti? love it 😄

if we could just get access to the state of the trend from the luxalgo script, we could automate the whole thing

[tired plume]

interesting, i didn't realize you were using trend tracer as well. that just more confirmation? has it kept you outta any bad trades/signals?

[tired plume]

@nocturne sigil man chud, your script is awesome. i've been using your custom dynamo and it's sooooooo helpful. thanks so much again for taking the time to code it and sharing it!

[celest epoch]

alright so here's big trade #2 of 3 for me today

[celest epoch]

explaining now

[celest epoch]

happy to help!

[celest epoch]

alright, so on a higher TF, I spotted a POI for this peak, and I was prepared for a dump. Even though it could've wound up being too early, I get my 1st position when the short-term candles turn red, as I feel this is a high probability trade

I play the micro's, so I position size in a way that (in this case M-ES) 4-5 points is 100-200$

once i get that 200$, i cut half, adjust my stops, and start getting ready to scalp on pullbacks

I got 3 of those opps in the highlightedd circles. Note that the stoch and RSI are both OB

so if i start with 10 contracts and cut to 5, i re-up to 10 then cut back to 5, all the while my original 5 are just racking up the ticks

[tired plume]

@celest epoch man, that's rad. so those are both 1m, right? and you're using the stoch on the custom dynamo? funny, i always turn it off, i'm not used to reading stoch as a histogram, but i'm checking this out.

[nocturne sigil]

Nice 👍

[tired plume]

i trade MES too, scale in and out. not ready for ES yet. 😉

still learning to trust my edge, but i'm closer than i've ever been to scaling it. i've also been doing a very strict 5 point target (risking 3, at most). even if it looks like it's gonna keep running, i grab my 5 points and out. on the 1m chart, there are plenty of opportunities in the course of a day. if i can get insanely good at extracting my 5 points pretty reliably, i can just scale up with contracts or eventually to ES.

[night flicker]

Damn gj Quant

[celest epoch]

after the dump, I got to play my favorite setup, the double top/bottom. The big circle is a CHoCH after it bounces from the POI. This is where i use trend tracer. I get in on the retest of the CHoCH, I douoble down on the retest of the BOS where the red trend tracer is, and then I use the tracer to guide my exit

note the dynamo on the second bounce, we're OS but not breaking structure

be back in 20, feel free to AMA

[tired plume]

so is your stoch changing colors? mine doesn't do that.

[half bobcat]

When do futures close today?

[celest epoch]

back

[celest epoch]

find this stoch plot and change it to this
plot(stoch.value, title = STOCHASTIC, color = stoch.value > 80 ? color.rgb(0, 230, 119, 53) : stoch.value < 20 ? color.rgb(255, 82, 82, 64) : stoch._color, style = plot.style_histogram)

its line ~165

a note about double top/bottoms:
It's super important that the first peak is shifting structure, look at all the little POI's it's breaking on the way up, and note the size of the dump preceding it. these are all high probability confluences. stay patient and wait for the retest because we need to see if the downtrend resumes or we take off on a reversal. I'm not using the candle colors for this trade, no need

[gritty crane]

Sir @nimble vale , just wanted to get your opinion on trades. Did you take the following sell trade? It looked good for me until it reversed. Thanks in advance

[random sage]

Meets the criteria, cant win em all

[celest epoch]

@gritty crane the volume spike you see that accompanied the reversal is often a sign of a liquidity sweep. keep your eyes open and move stops when you get warnings. protect your capital!

That being said - like Sean says - can't win em all

I screwed up a bunch of trades today myself

@gritty crane I know what trade you're talking about, look at this:

notice how it made a deep dive right into a demand zone POI, and also market structure hadn't shifted yet

what's happening here is that market makers push the price down to where retail traders place their. stops (the last low or high), scoop up liquidity then run like hell to the opposite side

[gritty crane]

Thanks @celest epoch and @random sage

[random sage]

Following this strategy blindly is very profitable but if you look at other factors like price action and divergences for example you may be able to spot something that could make you back out and or maybe even just go in with 1/2 or 1/3 of your position size

[tired plume]

hey, do you find the fluidtrades SMC cooler than the PAC (i've been using PAC for structure breaks, etc too, really helps for this strat)?

[tired plume]

honestly, what i've found extremely effective is playing BOS (not CHoCH, as those can reverse back and forth and BOS is more of a confirmation), watching fib levels, and entering between the pullback to the 61 & 78 levels, drawing them from the OB that caused the BOS to where the pullback starts). if your custom dynamo is doin its thing as well, AND there's some candle color action, it's been performing extremely well for me.

the other HUGE thing i've been into for a while are camarilla levels. they're insanely well respected as levels for reversals and for taking profits. that's the stuff i watch.

[gritty crane]

Thanks, everyone for the contributions to this forum. Great contributions recently.

[celest epoch]

intersting, will look into that

[celest epoch]

i only use it to quickly identify POI's

last post for the weekend. I gotta say @nimble vale - backtesting and forward testing, your quick scalp idea is insane. 10 of 11 today

wait, this is with short-term candles

let me check mid-term

oooh maybe short term is better! who knows?! LETS FIND OUT! :p

[nimble vale]

Right! I love it 😁

[celest epoch]

ok, instead of 10 of 11, youu go 10 of 12

right, whatever -- monday im going to only use your signal and bask in the warm glowing embrace of the $USD

[night flicker]

Where can I find this strat?

Its a different strat than the og one right?

[celest epoch]

nope, OG + my indicator to spot the trigger

[night flicker]

You have trend tracer though

Or catcher cant remember the which is which

[hearty rivet]

im interested in this too. You got a moment to explain? Sincere apologies if you already explained it

[celest epoch]

here's the latest with strat code for future testing

ignore the additional stuff..... you know what... give me a minute

[hearty rivet]

Mucho appreciantino

[celest epoch]

ok loook, iits 2am here. Tomorrow i'll tweak the code to auto draw the target

[night flicker]

So, correct me if I am wrong, you enter every signal from your indicator when candles are red / green as well?

And you changed to short term to get more signals

[hearty rivet]

Ya, can we get the deets? just got couple new apex acc and gonna try copy trading

[celest epoch]

in the meantime, the only thing you need to know is if you get a signal and it lines up with the appropriate color, take the trade. If purple, skip. Short or mid-term both work

[hearty rivet]

nice

[acoustic mist]

@celest epoch please help how find the indicator which ur using above snap

[random sage]

Great work, loving all the input from everyone, great community to be apart of, we all wanna see each other win

[autumn thistle]

Hey guys, brand new to the group. This looks very exciting. Can I ask what this strategy is?

[tired plume]

are you watching those signals as primary trade triggers or just confirmation?

[tired plume]

and are you watching the LUX signals or other ones? thanks for all your help!

[hot vale]

Where do u set ur SL? in my opinion at least 3 of them should hit SL

If u go for a risk to reward of 1:2 these 4 trades are losers as well so the winrate was 6-11

Still good enough

But not that impressive as before

But I might have a solution for you 🙂 I tryed ur code

If u got an orderblock within a 20points range - don’t take the signal

And if u are 20points away from the Ma u also do not enter

That reduces the number of trades

But also reduces the draw down

[hot vale]

Here a good example for an entry - one winner one loser

That’s how I trade futures:
AI engulfing candle indicator (prints buy sell when oversold or bought level is reached and engulfing candle is formed) signal only valid in order blocks

As last confirmation I use ultimate macd

That’s how u catch reversals - if u like to trade in trend direction add Ema 600 (in 5m Chart - so u got the ema 200 of the 15m chart)

And only take longs or short depending on long term trend of 15m Tf

[primal grove]

guys ID PERP/USDT 3 top divergence for short position (:

enjoy!

[hearty rivet]

wrong channel

[hearty rivet]

exactly the correct way to trade a market.

[frosty oracle]

What exactly is Apex Trader?

[celest epoch]

ok futures friends

this seems too good to be true

there is a quirk that I can add a toggle for that isn't exactly(?) what @nimble vale had intended. And that is this:

If the algo gets a signal and takes a long/short and hits the 20 pt / 80 tick threshold, it 'exits' and tally's a win. However, if all the rules are still valid after a 1 candle lay-off (ADX > 25, RSI > 50, close > ma50), then it opens a new trade, which is why you see the green/red take profit / stop loss lines stair step

also, these trades are happening during NY session only.

[gritty crane]

Nice good work

[hearty rivet]

nice! how did you manage to incooperate lux's candle color change into your code?

[celest epoch]

I didn't. they expose some variables but not that

so you can eyeball it or just use it as is

[hearty rivet]

nice

you managed to hit 80 ticks 160x?

what was your stop loss?

[celest epoch]

ah, that's where things get crazy

its the highest high of the last 10 candles, or you can change it to a manual number, so - let me change it to 1:1 and telll you what i get

176/51

[hearty rivet]

sickk

[celest epoch]

get this

on the 3m its 480/147 (it also tests further back)

[frosty oracle]

With which strat? sorry missed that

[weak basin]

What is the best inductor for gold ?

[celest epoch]

@frosty oracle just scroll up a bit

[frosty oracle]

nevermind ... it is late here 😄 Did i miss something? You wrote a new script?

[austere viper]

I updated your the strategy using the code posted last night. Put it on a chart and you have done well sir. I’ve watched this week as they guys refined it and kept testing it. You are on the right path👍🏻. I still preach price action, easy quick FVG strikes, but I like what you guys are doing. I just quickly ran thru a few weeks of it on ES and it hits very well.

[celest epoch]

thanks dude 🙂

[austere viper]

Did you change it again to incorporate NQ targets? I’m happy to test it in ES, YM, RTY

[celest epoch]

ill post the latest in a sec - just tweak the number of. ticks you want in settings, 20 on NQ is pretty abundant

[austere viper]

Ok, also as I’ve posted before I run automated strategies on both TradeStation and Ninja. I’ll work on this for you guys next week and see if I can kick out some back test. I will use your parameters for NQ and try to optimize some for other contracts.

I’ll work with 20 ticks on ES that’s pretty doable. I’ll look at 1M & 5M charts

[celest epoch]

something is wrong with the tally, i knew it

[celest epoch]

ok, a more honest 143-73-40, the flips represent a loss but not a full loss. This is using a pivot point calc for the stop

[tired plume]

ok so forgive my ignorance here but, you have this strat running on autopilot? just auto backtesting? i’m not sure i knew tradingview could do auto-trading.

[tired plume]

i am probably over complicating things but i still have a hard time not watching the 200ema and the vwap for overall trend direction. if it’s above the 50 but below those two, i have a psychologically hard time going long. but you’re not filtering trend beyond the 50, right?

[night flicker]

Looks really good, good job.. just a few questions though, how far does it test and is it ETH (Electronic Trading Hours) or RTH (Regular Trading Hours AKA NYSE)?

The thing here is that if you have Premium TV you have a 20k candles lookback, so can you add a counter to how many candles it is in total and how long does it lookback? If it isn’t too hard

[celest epoch]

there are several ways to autotrade, like capitalize.ai or alertatron, you have the strat fire a signal to the service and it initiates the trade on your platform

[celest epoch]

well let's add some additional confluence and see how it goes homey. the 200 ema is nonsense imo but i'll add a bunch of toggles and we'll see where it gets us

[celest epoch]

well for example on the 1m it tests back about 30 days, and the hours arer in t he settings and it's UTC-4

[night flicker]

So around 7 trades a day.. thats really good

I’ll take a look when I get home

@toxic widget

[median adder]

Can autotrade systems trade on LuxAlgo Buy/Sell Signals, i.e.?

[hot vale]

Hey chud - i am checking ur indicator but i am not sure if the results of the table are right...

for example on this trade

the SL is so far away and TP is hit instantly

[celest epoch]

I’m doing a deep dive later today to test it.

[hot vale]

the table tells me 56 Losers - 360 winners

[celest epoch]

What version of the indicator is that,?

[hot vale]

but if u check my screenshot there are 3 losers allready

last one

[celest epoch]

Give a screenshot of your settings

[celest epoch]

OK, I’m out to lunch. I’m going to do a deep dive testing when I get back.

[hot vale]

sure

maybe we can improve it 🙂

i tell u my thoughts

allready checked ur first indicator lately

[celest epoch]

It should look more like this, though

[hot vale]

if u add the VWAP of the session

the results get far better

i like the last short - printed after passing the restistance

[hot vale]

used this one

4-2 on the Friday

[night flicker]

And you use the dots for SL and TP?

[celest epoch]

Here. This is with trend tracer off. Yes @night flicker these are profit and stop. I’m calculating actual ticks won and lost in the new version so stay tuned for that

I’m going to add a custom date filter as well, which will allow us to check each day, one at a time, etc.

[night flicker]

Damn thats amazing! Good job bro and thanks for sharing it!

[hot vale]

Check the calculation of the ticks pls

Check the signal I marked and the one on the left as well - both hitting TP but the SL is far away

So it’s not 1:1 it’s a 3:1 risk to reward ratio

At least on these two trades

On the trade to the right of the marked one, it’s the other way around

Looks like 1:5

What is good

The last long seems to be 2:1 (not good)

Maybe I am wrong - that’s how it looks like

[night flicker]

@celest epoch just throwing ideas to help you know the profitability of the strat, you can also add average RR

According to what @hot vale said it may be less profitable than it seems, maybe the high wr is due to SL being way bigger than TP

In my calculations I usually use “Clean Profit” (CP) it may have a name but thats how I call it, its basically the “Real Profit”, lets say you have 1:1 RR at 100$ profit, with 70% wr you sit at 40$ CP per trades (70%x100$-30%x100$) so theoretically everytime you enter a trade you made 40$.

If you add CP calculations to your strat it will give you good insights

[austere viper]

Where are we going? 😂😂😂😂. I hope we had a great lunch.

[celest epoch]

The RR’s are different because you’re using the last high/low for the stop but the profit is always 80 ticks (or whatever you set it to) so the RR is variable. I’ll add a filter that can be tweaked to not take a trade greater than X:1

If you uncheck the useHHLLforStop flag , then it will use the slOffset for your stop and you can control RR directly

[hearty rivet]

yoyo

[celest epoch]

alright everyone, big update. Then I grab a bite with @austere viper 😉

first off, here's the script

my current settings

1. Risk - Reward Filter
   This displays as Risk to Reward, so a 2:1 means you'll lose 2$ or win 1$
   I decided to add an inverse filter as well, to see if the favorable RR's were actually less profitable, and it does seem that way, nevertheless, if you want to adjust this setting you adjust "RiskRewardLimit" with the minimum ratio (so 1:2 is 0.5) and set "UseRiskRewardFilter" to 1. If you want to filter out the high probability trades, you set it to 2

2. I added some confluence for @tired plume and I think you'll see im right. The ema200 trend filter idea is a myth. There's also a VWAP toggle that doesnt take longs below vwap and no shorts above

[hearty rivet]

Chud you are heaven sent

Kudos to your efforts tears and sweat

[celest epoch]

3. I added "AllowFlips" which means if you want to see an active trade play itself out instead of "flipping" to the opposite trade when a new signal comes in, you can do this now

[hearty rivet]

Awesome stuff!

Is there alerts?

[celest epoch]

i went through ~5 days of data and here's what I think:

• I think the strat works, but would absolutely benefit from additional confluence like market structure (which i will add soon) and potentially LuxAlgo's candle colors
• I think the high risk trades are worth the reward, and we can potentially tighten them up by waiting for a pullback before entry, however this means we will miss out on the big pump and dump moves
• I think this strat potentially works on everything, I've been trading ETH with it for example and its been fabulous, but you need to adjust the Tp1Offset to match a reasonable move for each ticker. For eth I set it to 300 ticks or $3
• I think ADX def stays 7 or below
• I think forcing a manual risk reward by unchecking UseHHLLStop is a big no no

@hearty rivet crap, alerts!

I'll add them and just paste the line where to insert it here

[tired plume]

chud you are AMAZING. thank you so much for doing all this!

[wind rock]

Very interesting documentary 👍

[hearty rivet]

Chud you are a boss at what you do! Many thanks friend

[random sage]

Shout out to chud 👑

[celest epoch]

thanks fellas

alright - add the following code to line 97, then after it's added, the next line will be 134

        alertMessage = "Long Entry!\nEntry: " + str.tostring(entryPrice) + "\nTP1: " + str.tostring(tp1) + "\nStop: " + str.tostring(sl)
        alert(alertMessage)```

[tired plume]

@celest epoch again, forgive my ignorance here but when i add this, i add it as a "strategy", right?

[celest epoch]

no it's an indicator, but when you paste over the initial code, it will know what to do

doesn't matter, in other words

[tired plume]

rad thank you.

[tired plume]

i've been aiming for 5 points as TP on /MES, been working really well to keep me taking profits and getting out while the getting is good. how would i tweak this to exit after 5 points?

[nimble vale]

damn look at this progress haha this is awesome @celest epoch

[tired plume]

i usually risk 3 points to make 5 points.

[nimble vale]

got an indicator named after me

momma i made it 🤣

[celest epoch]

lol

@tired plume how many ticks in a point on ES??

[tired plume]

4

[celest epoch]

then 5 * 4 = 20

tp1Offset = 20

[tired plume]

awesome!

[celest epoch]

slOffset = 12

[tired plume]

amazing thanks.

[celest epoch]

uncheck useHHLL

[hot vale]

Well done chud- I will have a look tomorrow

Since I am scaptical

I will be ur biggest fan if this works 🙂

[celest epoch]

@hot vale I've written well over 100 scripts, none of them work

this one shouldn'tt work either, lol

[tired plume]

whoa. when i change those numbers it looks good, but when i uncheck UseHHLLStop reverses the numbers to be super negative.

@celest epoch this is /MES on the 5m (seems to be better on the 5m than 1m), with UseHHLLStop checked:

[celest epoch]

yeah it continues to be apparent to me that taking what looks like a terrible RR is actually more profitable with this strat

I have some trend tracer ideas im going to add later

[hearty rivet]

i got 288 with 50

since we getting such results without adding the lux color candle then its super good already

with color candles of lux as a filter then RR would be amazing

with this 50% wr but 2000 ticks profit

[frosty oracle]

don´t get it so i delete evrything between this lines and add the code?

[austere viper]

Hope everyone is having a great weekend. I have been reading the comments and wanted to give some thoughts. First great job @nimble vale for Strat and @celest epoch for coding. I see a lot of time spent worried about high win rate and adding another indicator and another whatever. My favorite saying is ‘perfection is the enemy of good’. If it’s too perfect then it will not work. Chud was correct the 200 EMA is crap, nobody cares, it’s a CNBC type talking point. I look at what winning trades come at the start of the trading day, because I’m not sitting there for 7-8 hours a day. I maybe spent at most a couple hours in the pit trading, the open, the close, and if I had made a good amount I went home. Even now I trade until I hit a number I’m satisfied with, if market slows and I’m up, great let’s go play golf. I know I’ve been trading full time for 26 years but I don’t know any trader who can sit there that long and not burn himself out. So grab $250, 500, 1000, be happy and shut it down. Trading is hard to grasp but when you do it gives you many financial rewards and freedom. I learned to code strategies so it could take trades when I’m not there, all of them have a daily profit target and loss limit, if they hit either they are done, move onto next day. Lastly keep it simple, simple, simple, don’t just keep adding another indicator to give yourself another level of confidence, there comes a point when you need to jump in the pool. If you know market structure, can find good levels, etc…. You will be fine, if you use an indicator and it lines up even better and make that bank.

[nocturne sigil]

Thats great, so you retried from pit trading?

[hearty rivet]

took first trade = W thank god

[vast cargo]

First Future trade for me: 15 points or 60 ticks profit

[celest epoch]

fabulous

[nimble vale]

This comment makes me laugh so much as I’ve had the same exact thoughts in the past… especially if you just lower the tp and kept the original 20 point sl….. was almost embarrassing to even admit it but yeah as long as you just have a stop for emergency purposes and it isn’t an account buster the win rate can make up the difference

[austere viper]

I traded in the 30-year bond pit 97-03, also during that time traded other stuff at CBOT, also traded S&P at CME and CL at NYMEX (I own memberships on all three exchanges). I left the floor when volume dried up to the point I could not trade size any more. Went to the screens and had to relearn and be taught a different way of trading, so I’ve seen it all and made every mistake possible!!!!

[nocturne sigil]

Wow, thats great, not often we can chat with ex-floor traders in these rooms....so trading on the floor is 200% different than screen charts? So on the floor, what did you use instead? plain price targets? or the current social media fad of ICT? 😹

[austere viper]

The clearing firm gave some support/resistance numbers, there were guys in the floor who did research and sold it, but mostly I paid for JSServices which was great at giving S/R and commentary on where the market might be heading based on different stuff. So tape the levels to a trading card, and go to battle. I got to the top step within my first year (long story), and made sure to be where the orders were coming in. So what did I use?? Pretty simple volatility!!!! Volume!!!! S/R!!! All the volume flowed into the pit on the open and it set opening range, I took note of that high and low, when we traded above I got long, below got short, literally that easy but also hard at same time. Broker would sell 1000 bonds, I’d buy them, instantly scratch off 500 to guys a step down and then start working the other 500 at 1-2 tick profit. Make $15,000 on a tick profit in 30 seconds or less

[gritty crane]

Thanks for sharing

[nocturne sigil]

very interesting indeed...i guess your right, screen trading is a bit different. interesting on your floor experiences on the opening range with the incoming volume...hmmmmmm

[austere viper]

I got on a screen and quickly got my behind handed to me!!!!! I’d lose 10K, 20K or more a day. I was pissed off all the time, frustrated. I had lunch with another floor trader who told me to go see a mentor to help break down my old mentality and put in place a new one. I have learned price action and while ICT is very correct, he is not the first to think of these things, there were other guys before him. ICT setups happen all day and easily taken for wins!!! So you want to know the secret sauce, it’s volume and volatility for me, you need a catalyst, and when the market finds direction it likes to keep going, so I love trends, but daily I make majority of my money grabbing 2-4 ticks at a time on size. I’ll do 20-100+ ES, 100 CL, 1000 TY at a time. I tell everyone the same thing I taught my kids, in ES there are multiple 5pt moves every day, find 1-2 consistently and then size up, that $250 becomes $500 becomes $1000. My oldest is deciding to go to college or just keep trading and see the world. Once you can read a chart and market structure you will be able to trade anything. LUX is great to give confidence by going with trend or adding confluence. One day you need it and then one day you are trading a chart with nothing but you still see the trades.

[nocturne sigil]

Incredible insight...i love taking my scalps as well, day in and day out. Rinse and repeat

[austere viper]

I would say in the pit majority of money was made using ORB and in the first 30-60 mins of trading

[nocturne sigil]

That was the net question I was going to ask 🤔 😁

[celest epoch]

@austere viper that's all well and good, but where do you ⛳ ? 😄

[austere viper]

I live in the north shore suburbs of Chicago and played many a course here and around the states. I SUCK as a golfer but I enjoy 4-5 hours away from my wife, I have a couple cigars and drink some whiskey 🥃. After s round it’s off to a steakhouse for round 2!!!!

[celest epoch]

haha fantastic

[vast cargo]

My alert for smart trail system: Very useful

[nimble vale]

@celest epoch im heading to vegas tomorrow for a golf tournament im playing in! playing wolf creek tuesday and then the tournament is at bali hai golf club

[celest epoch]

@nimble vale man, jealous. I'll be out there for WSOP in september, looking to pla y the Wynn. course

[nimble vale]

@austere viper my moms from logan square in chicago... loved visiting there gorwing up!

oh man yeah thats a nice course too... we wanted to play shadow creek but that was like $1000 a round

[celest epoch]

insane

[nimble vale]

wolf is still 300... got to play tpc sawgrass last june that was 600 lol

[celest epoch]

next time i go home (Atlanta) i need to find da weekend to get to Sawgrass and go crush 17

alright... 2:40am, time for bed lol

[gritty crane]

Nice, great to see that you have a life outside of the markets.

[vast cargo]

2/2 Trade:

[random sage]

My course is still closed 😞

[half bobcat]

down on the ES Flag, what should i do

[nocturne sigil]

Is this live account or demo paper trade? you entered multiple times within a few bars, dang....

[gritty crane]

Maybe a LuxAlgo @nimble vale @celest epoch golf retreat for all of us...

[nimble vale]

That would be awesome @gritty crane

[nocturne sigil]

someone say shadow creek?

[vast cargo]

Easy trade with price action concept.

[random sage]

“Business trip” 😂 tell the wifes that

[austere viper]

I’ve playing Bahi Hai, and the sister course Desert Pines each was after a night at the rhino 🦏 😬. That hot Sun really detoxes you quick!!!

[austere viper]

Wait you are doing WSOP??? I love poker, I also love counting into a blackjack table and tearing up a craps table. I played Wynn and pretty sure I’m not allowed back

[austere viper]

That is a great idea, I go to Vegas at least 6 times a year if not more

[nimble vale]

This group just got a whole lot cooler! 😎

[vast cargo]

Wow so many golfers here. Any golfer in Bay area?

[night flicker]

Wish I had enough time to check the strategies and everything and be more helpful.. my hft takes all my time lol

But what you guys are doing seems cool.. (can’t join the golf convo sadly)

[barren lintel]

Anyone else get into that buy?

[gritty crane]

Missed it

[random sage]

Rangey

[round eagle]

just lost 7k on gold

done for the day

[hearty rivet]

Holy shit

[hearty rivet]

on funded acc or ur real money

[rocky flicker]

😉

[barren lintel]

You always use 3m on futures?

[vast cargo]

I use different timeframe to get my trading confluence, and edge. I just started trading futures yesterday. I have been trading stocks and etf. You can check my charts under the channel #💬hangout . I have posted many charts for the trading community.

Concept is same if you understand the price action. You can trade any commodities, stocks, etf, index, forex.

Look what happened once it broke the trendline for downside play. It was a clear breakdown. We must pay attention to a solid breakout or breakdown, not a fakeout which happened for the upside

[celest epoch]

hey stop stealing my trades! I traded that 😛

[barren lintel]

I got in on that too

off to a decent start

[celest epoch]

nice bro

I added a market structure filter to QuantStrat btw

reduces number of trades and drawdown, increases win rate, % gain

[vast cargo]

Not sure if you are pointing to my charts 😉

[barren lintel]

Alright cool. Im still learning the trends and price action and like your charts. Actually only recently start paying attention to trends on higher time frames.

[vast cargo]

Next downside target to the box

[vast cargo]

If you are a newbie, please start with higher timeframe to trade like Weekly, daily, 4h Charts which will have less noise compare to shorter time frame. Once you gain confidence at higher time frame, switch to lower time frame like 1h, 30m, 15m, 5m, 3m, and see how price action happens at these shorter time frame, and compare with higher time frame, this will help you and provide you an edge to your trade. Hope this helps

[celest epoch]

dump you pos!

[barren lintel]

FYI - Per the voicemail i got from Apex Trader. Their 90% sale ends 4/20. Coupon Save90

[vast cargo]

All of my downside target achieved. Next target below the box , dotted white line, but risky to enter here for short

[half bobcat]

Reversal on MES?

[celest epoch]

interesting nugget of information: QuantStrat loses money between 12-3, and makes the most money between 9-12

also, they disproved the big bang, so.... I mean who knows at this point what's real

[outer maple]

Kevin Bacon is still real.

[vast cargo]

Can someone suggest me a good broker with low commission fee for future trading. I am currently using E-trade, and they are charging me $5.70/contract, that seems to be quite expensive. I know Tradevote has low fee, but not sure if the order gets executed easily compare to E-trade

[outer maple]

Been using Tradovate as a discount broker for over a year now. Other than an outage or two which they claim to have made measures to resolve, I'd say its been an overall good experience with fills, etc.

[past jungle]

PST?

EST?

[night flicker]

just interested on where you got it from, sounds like a good read / watch

[random sage]

Good call i only like trading in the mornings ans enjoy the rest of my day with the fam

[austere viper]

See, mornings are the best for all trading.

Grabbed a great short on CL as it failed to push higher, short at $81.60, it dumped almost a dollar!!!

[gritty crane]

Thanks are you going to be able to share the revised code?

[night flicker]

especially with it stuck on this price on the 1D chart

fell 1.7$ already... damn

[vast cargo]

Thanks, I opened an account with Ninjatrader which have acquired tradovate.

[half bobcat]

Can someone chart up MES 5m

Ok

[outer maple]

Sounds good. Commissions roughly the same either way if I’m not mistaken.

[vast cargo]

Ninjatrader a bit cheaper by $1.60

[outer maple]

That works. Doesn’t affect me much as I’m what they call a ‘low roller’ in the biz. More of a downtown Vegas kinda guy lol.

[vast cargo]

Let me see NQ 13200

[gritty crane]

How does everyone make out trading between 9:30 and 10. Seems to be all over the place and I find it really difficult even with the quant streategy

[past jungle]

Qqq has a gap to fill

Rippy mode ?

NQ by proxy?

[slim thunder]

How do i setup chart with all sessions on upper corner... thanks @vast cargo

[vast cargo]

There is an indicator called session by lux algo. It’s free. I’m not at my desktop. If u can Dm me, I will send you the exact indicator

Later

[soft crown]

Anyone know how to sync ICT Killzones with central time? Seeing as CME runs on CT. i am using the new ICT Indicator.

i tried just adjust the time but it got all wonky

[slim thunder]

I found it. Thanks

[gritty crane]

Quiet night for all of the @nimble vale @night flicker @austere viper @random sage @celest epoch followers , hope everyone has a great trading day tomorrow

[random sage]

busy day for me, -7.60$ on the day tho lol

even with 50% win rate we still are in the plus

[ancient marsh]

I lost 6pts with my strategy today, need more range

[night flicker]

There are people who come here and blindly follow lux signals

[hot vale]

Sooo True!!!

[hot vale]

If I see a post of a chart with 20 indicators and no keylevel so just ignore it…

That’s how a chart needs to look like before u start with indicators or whatever

No key levels means no trading plan on my opinion…

Here a good example yesterday - got no real keylevel on the bottom. So I only entered short after the rejection top - I exited the trade after the new high on the bottom was broken

Lately I got busy days so I can’t give advices here… should be better in the next 2-3 weeks.
But I got an advice for everyone:
Load the indicator: moving average converging from lux - don’t know why no one talks about it. Sexy as hell as a TP target or a entry on a pullback.

[night flicker]

As TP or SL? You said tp but I see it looks more like SL

about the key levels.. it isn’t entirely true, you can trade without key levels and use basic chart understanding like consolidation and weakness to ignore bad trades to increase winrate. Some strats will give you ok-ish winrate without it but it wont worth your time

(On my main strat I only use footprint and it has high winrate so there are many ways to trade without any price analysis)

[night flicker]

Did you enter every signal?

[craggy linden]

hi

where to get live cot reports any indicators available for that?

many thanks

[hot vale]

Footprint is like KeyLevels.... u see where something happens

[hot vale]

Both - TP on Runners, SL on entry

[night flicker]

A bit different than key levels unless you draw them using historical data

[night flicker]

Oh makes sense, so it would usually be red when you long and green when you short?

[hot vale]

Other way around

Green long

Short red

[random sage]

No just tracking it, only follow the rules ignoring everything else

[celest epoch]

hi everybody - going to upload to TV a private strat that is optimized for NQ, in the comments ill give settings for ES as well. can't seem to find any consistency with crypto yet

also - i've discovered that 4-7am EST (london session) is also a great window

[night flicker]

Not sure if the admins allow you to discuss private indicators

Just heads up i dont really care

[celest epoch]

well it uses theihr indicator for confluence so maybe they wont mind 😛 but if its a problem y'all can DM me

[night flicker]

Lmao maybe then😂

[soft crown]

Does the ICT killzones need to be edited if I use CT instead of ET on my charts?

[night flicker]

you are using lux indicator?

for the killzones

[celest epoch]

month of april with two trading windows: 9-12, 4-7

let' see how today goes hehe

[random sage]

✍️😈🔥

[soft crown]

yes i am

[night flicker]

so I don't think you need to change anything

if I am correct in the settings you can find "Timezone" so the timezone settings is in the indicator and not the one on your chart

[soft crown]

@night flicker So it will work even though my charts read CST? Also I am using Lux Algo's ICT Concepts indictor if that make a difference.

[night flicker]

put a line at where the zone starts, change the timezone and see if the zone changes

it would give you a better answer

[celest epoch]

is there any upcoming newss today? Fed, FOMC, etc

[gritty crane]

I am not aware of anything

[outer maple]

Nothing of any major importance. I check both www.econoday.com and www.forexfactory.com every morning.
Actually looks like Fed Bowman speaks at 1:00 so I guess you never know what will be said or the reaction...

[celest epoch]

1 for 1 🙌

[random sage]

0-1

[celest epoch]

1/2 and i think the strat juist got duped by a liq hunt, so im expecting 1/3

[ancient marsh]

Chop is not good for this strat

Need good size rotations

[celest epoch]

chop rips up any strat that's not a chop strat 😉

[ancient marsh]

Agree lol

Now if we only knew before hand

[dusty grove]

That was fun. see you guys tomorrow ✌🏼

[celest epoch]

strat. is 5/7 +99 ticks so ffar today

[night flicker]

is that with your private indicator?

[celest epoch]

yeah the one we'v'e been working on in here

[night flicker]

can you dm it to me? sounds interesting

meanwhile I am waiting for NT to verify me so I can start coding my HFT lol

[tired plume]

@celest epoch i would love a DM to get in on that too, and get settings for /MES, /ES, if possible.

[tulip haven]

@celest epoch I love it as well ..

[ancient marsh]

If sharing, ill scope it out as well, thanks

[tulip haven]

Also, has anyone else observed the reaction during the RSI/ADX cross.. I've not has time to backtest..

[tired plume]

i have for sure noticed the moves that seem to happen at the cross, while that hasn't been something i've been really watching. have noticed it and it seems significant.

[barren lintel]

Nothing more fun than staring at the chart waiting for a move to the upside

[past jungle]

https://tenor.com/view/myavu-myavumon-sleep-gif-24689663

[barren lintel]

lol hopefully nothing exciting happens while i take my dogs out for a walk

[gritty crane]

@celest epoch Can you add me to the list if you are DMing? Thanks

[barren lintel]

me too @celest epoch 🙂

@vast cargo Missing your charts today.

[buoyant crane]

Pls heads up when you did. Thanks

[past jungle]

3 hours of nothing

[barren lintel]

wth is going on

[vast cargo]

Hello, have been busy with my regular work. I can post some chart. I am working on reducing my contract fee with E-trade to trade future

[vast cargo]

Great job, this looks familiar. Is this a Topstep?

[past jungle]

Its opex week

[vast cargo]

@barren lintel NQ Chart for you :

Please note that breakout has to be a real breakout, not a fakeout. Right now the price action is consolidating.

[wind rock]

@celest epoch Hi... Can you pls dm me your strat script too? Thanks

[ancient marsh]

Maybe we get a move b4 close

[barren lintel]

Thanks.. That makes sense.

[celest epoch]

@night flicker @tired plume @barren lintel @ancient marsh - gotcha down. you'll get it after market close

[azure shell]

throw it my way when you get a chance i'd like to check it out

[celest epoch]

@azure shell you got it

[celest epoch]

@ancient marsh this is why i dont trade between 12-3 😛

[past jungle]

Lol if I could be added to the cool kids list for the script that'd be neat-o 😁

[celest epoch]

no, sorry

ok fine you talked me into it

[past jungle]

[tulip haven]

@celest epoch please include me too

[clever pilot]

@celest epoch would love to be included on your DM list for your strat. Appreciate you🙏🏻

[celest epoch]

oh shit - here we wgo boys

[celest epoch]

volume just spiked

[barren lintel]

there caught that short

[celest epoch]

becausee we in expansion, im anticipating a move back to the upside

[dusty grove]

This is tradovates platform

[past jungle]

Lets get everyone nice and comfy being a bear and then rip it all the way back up 😁

[barren lintel]

lol back to the box we go

[vast cargo]

If NQ rejects between 13154 to 13162, more downside coming in my opinion based on the chart. If it clears these levels, we will see upside potential.

[ancient marsh]

Makes sense

[barren lintel]

Well hopefully tomorrow is better.

[barren lintel]

@vast cargo How are you identifying those targets outside the box?

[past jungle]

we still have 45 minutes to get an aggressive rip into the close from vanna and charm flows

[vast cargo]

I look at the higher time frame, and look at the price reaction to come with the target. You have to have many confluence. You need to see what are the volume -price relationship at each level. Level of interests at each level.

[barren lintel]

Which tf's you looking at?

[vast cargo]

It depends on what kind of trading (day, swing, long). For day trading, i look at 1h, 30m time frame, and then you can come down to 5m, 3m for day trading or scalping. Please go to chart and look at the price level at higher frame.

12 more points to go. It will have hard time to clear the 13190 level.

[rare hawk]

Does anyone know the name of this indicator please

[ancient marsh]

Where did you find it?

[rocky flicker]

Hello friend, attached is here the chart's template includes all indicators: https://www.tradingview.com/chart/pfIRuVdt/

[rare hawk]

Can you tell me the Super osc and Rf bs settings please

@rocky flicker Can you tell me the Super osc and Rf bs settings please

[rocky flicker]

Please. click on the charts template and you will get all details.

[rare hawk]

details not visible

[rocky flicker]

20/3 for both them.

[celest epoch]

well... I don't think we're getting a significant move after all

[past jungle]

wait for it...!!

10 before before close and boom fireworks

[next cedar]

except, pretty unpredictable

[past jungle]

predictably up up and away

[celest epoch]

I believe i had that one 🙂

[next cedar]

you can predict the stock imbalance move? gg you find the secret recipe

[celest epoch]

all I'm predicing was a broadening formation after a prolonged period of consolidation

[next cedar]

my note was to bengal, yeah I hear you chud thing is noone can predict what happens at 3:50pm 😉

[celest epoch]

😛

[next cedar]

moves are created by market-on-close orders, gl trying to predict those (and even if you do, what effect they will have on an index)

[past jungle]

Except the flows of vanna and charm which i mentioned earlier

[next cedar]

vanna and charm, you lost me there 😄 (not a native English speaker, no clue what this references, will look for that entry on investopedia)

ooooh options?

forgot my greeks for a minute, shame on me

[past jungle]

https://www.youtube.com/watch?v=X-RylGDzFr0

[ancient marsh]

They did it when we got tired of waiting, as usual

[vast cargo]

Met my 13197 Target. Happy with my play. Good luck everyone. :

[past jungle]

Boom sold at 13200

[ancient marsh]

Good exit lol

[next cedar]

I typically don't trade that late but too many crosses checked to not take it

[night flicker]

How was everyone day today?

[gritty crane]

@celest epoch Not sure if you saw it, could you add me to the script list as well? Thanks in advance

[tulip haven]

I don't think this comment gets enough attention.. You nailed it!!

[hearty rivet]

Both ES and NQ are on a nice supply zones rejecting fine