- #162
- Edited 9:12pm Nov 2, 2024 8:33pm | Edited 9:12pm
- Joined Nov 2023 | Status: Trader | 1,398 Posts
Loss..Strucure was Bearish, SL too wide, had decent profit for a bit...testing crypto on demo account
- #163
- Nov 3, 2024 4:14am Nov 3, 2024 4:14am
- Joined Nov 2008 | Status: Trader | 2,141 Posts
{quote} Hi cuchuflito! How do I find in trading view the moving average you use? thanks!
https://de.tradingview.com/chart/XUJ...bol=XETR%3ADAX
A screenshot of the indies. Itīs a Jurik MA.
- #164
- Nov 3, 2024 4:14am Nov 3, 2024 4:14am
- Joined Sep 2008 | Status: Verry good | 1,267 Posts
A+ setups
No?continue or reverse.
Just an opinion. Based on research
- #170
- Nov 3, 2024 4:51am Nov 3, 2024 4:51am
- Joined Nov 2008 | Status: Trader | 2,141 Posts
Of course, I am sure everyone is aware that Back-testing and real life are 2 different cookies. 
To me Back-testing is the best way of learning, and improving.
Then on real trades, it is time to make sure rules are followed, and if the results are way off, analyze where is the "diversion" between the Back test and real life trading.
A famous trader once said:"Trading is the hardest way of making easy money".
With that, you all have a great Sunday.
To me Back-testing is the best way of learning, and improving.
Then on real trades, it is time to make sure rules are followed, and if the results are way off, analyze where is the "diversion" between the Back test and real life trading.
A famous trader once said:"Trading is the hardest way of making easy money".
With that, you all have a great Sunday.
{quote} These blue/red candles with the nova are really good - both compliment each other perfectly Good stuff MachineLearn {image}
'In the clearing stands a boxer And a fighter by his trade..'
- #173
- Nov 3, 2024 10:42am Nov 3, 2024 10:42am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
Guys if you have systems that don't use nova please don't post it here as it will just confuse people. Appreciate the input but we need to keep it consistent here and on topic 
You can lead a horse to water, but you can't make it drink
- #174
- Nov 3, 2024 10:43am Nov 3, 2024 10:43am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
{quote}The indicator is very interesting and can work with HTF PA, may I ask what is your settings ? It seems to be different from the default, and if you share a template, please only with two indicators, thanks for sharing,
You can lead a horse to water, but you can't make it drink
- #175
- Nov 3, 2024 10:57am Nov 3, 2024 10:57am
- Joined Nov 2008 | Status: Trader | 2,141 Posts
Guys if you have systems that don't use nova please don't post it here as it will just confuse people. Appreciate the input but we need to keep it consistent here and on topic
Sorry for my long post, but my system got such a boost just by adding your Nova Indi. Like a race-car, sometimes just the turn of 1 screw in the motor wins the race.
Anyway, thanks a lot.
- #176
- Nov 3, 2024 11:39am Nov 3, 2024 11:39am
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
{quote} Copy xk Sorry for my long post, but my system got such a boost just by adding your Nova Indi. Like a race-car, sometimes just the turn of 1 screw in the motor wins the race. Anyway, thanks a lot.
As I said from the start I don't mind if people use nova to develop their own system as it's a confluence not a full strategy. I just shared what I do but it's okay to share what you do, but just ensure your system uses nova which it does.
My message wasn't purely to you but more of a pre emptive thing as most systems on here end up with everyone spamming their own stuff.
As long as you use nova here and show what you're doing with it then no issues
You can lead a horse to water, but you can't make it drink
- #177
- Edited 12:28pm Nov 3, 2024 11:43am | Edited 12:28pm
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
You can lead a horse to water, but you can't make it drink
- #180
- Edited 10:41pm Nov 3, 2024 10:30pm | Edited 10:41pm
- Joined Oct 2014 | Status: Cooking | 1,483 Posts
Nova MTF approach
Morning guys! Here is how I approach the system using higher timeframes.
You can see the most recent daily gave us a signal for entry (XAUUSD) so what I usually do is apply a 1:2 (below) and dial down to the 1/5m chart
D1 Signal:
5M chart:
You can now see that here on the 5m chart there would have been many opportunities to enter knowing where you are and where nova should take you which of course in the end hit TP.
This eliminates needing a daily bias as with almost all nova signals you will end up in profit even if at a 1:1 so it works very well if trading with the high timeframes as a confluence.
For me, I don't take any trades using HTF for a 1:2 as it takes too long to hit TP and I would prefer to use a lower timeframe to target the Daily 1:2 to capture a much bigger R:R.
You will also notice there is minimal drawdown when using nova entry signals and when 1:2 is hit there is usually a bigger pullback
Morning guys! Here is how I approach the system using higher timeframes.
You can see the most recent daily gave us a signal for entry (XAUUSD) so what I usually do is apply a 1:2 (below) and dial down to the 1/5m chart
D1 Signal:
5M chart:
You can now see that here on the 5m chart there would have been many opportunities to enter knowing where you are and where nova should take you which of course in the end hit TP.
This eliminates needing a daily bias as with almost all nova signals you will end up in profit even if at a 1:1 so it works very well if trading with the high timeframes as a confluence.
For me, I don't take any trades using HTF for a 1:2 as it takes too long to hit TP and I would prefer to use a lower timeframe to target the Daily 1:2 to capture a much bigger R:R.
You will also notice there is minimal drawdown when using nova entry signals and when 1:2 is hit there is usually a bigger pullback
You can lead a horse to water, but you can't make it drink