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Nova Volume Trading System

  • #2,761
  • Jun 22, 3:10pm (26 hr ago) Jun 22, 3:10pm (26 hr ago)
Quoting Toli84
{quote} Yes, but only working with 1-minute is also not a guarantee. Look my attempt today: Very choppy today. But how can you know that it will get choppy... {image}
yes my friend that’s exactly what I’m saying checking higher timeframe or not checking it you will get wins and loses so you might as well just concentrate on the 1 minute chart yes to keep track of.
  • #2,762
  • Jun 23, 11:32am (6 hr ago) Jun 23, 11:32am (6 hr ago)
Yes, even if the day is a bit difficult, it is nice to end the day with profit. I hope this is the case for everyone who implements the system. If you do not break the discipline according to the system without being stubborn with the price beyond expectations, you will definitely be the one who will benefit. Only in this way can we turn our struggle with Market Maker into profit.
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  • #2,763
  • Jun 23, 1:05pm (4 hr ago) Jun 23, 1:05pm (4 hr ago)
Quoting tradernoname
Yes, even if the day is a bit difficult, it is nice to end the day with profit. I hope this is the case for everyone who implements the system. If you do not break the discipline according to the system without being stubborn with the price beyond expectations, you will definitely be the one who will benefit. Only in this way can we turn our struggle with Market Maker into profit.{image}
How do you use this yellow lines, which marks the highs and lows in context of the indicator?

My two poor attempts today:
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  • #2,764
  • Jun 23, 1:18pm (4 hr ago) Jun 23, 1:18pm (4 hr ago)
Quoting Toli84
{quote} How do you use this yellow lines, which marks the highs and lows in context of the indicator? My two poor attempts today: {image}
I'm sorry you had a loss I would not enter in your second trade. The reason was that the price had left the ema and I would wait for it to return to the average, that is, to pullback. Then I would look for an entry place. My last trade is a transaction visual suitable for this example. I sometimes draw the lines to determine the high and low places. If I am expecting a sell-side transaction and the price has broken the previous high, then I generally observe the structure of the price. Breaking the previous high indicates that there may be a change in the structure of the price. The second sl is Since my trade could not break the highs and broke down, the trade was entered with the support of the emals and the signal of NOVA, but the price became SL due to its nature. I hope I was able to explain.
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  • #2,765
  • Jun 23, 2:32pm (3 hr ago) Jun 23, 2:32pm (3 hr ago)
Nice indicator will try out when i have the time
  • #2,766
  • Jun 23, 3:56pm (1 hr 55 min ago) Jun 23, 3:56pm (1 hr 55 min ago)
Quoting tradernoname
Yes, even if the day is a bit difficult, it is nice to end the day with profit. I hope this is the case for everyone who implements the system. If you do not break the discipline according to the system without being stubborn with the price beyond expectations, you will definitely be the one who will benefit. Only in this way can we turn our struggle with Market Maker into profit.{image}

it looks so good when you mark it out on the charts. I think most of us can see this is the profitable system. I think if any does have problems it’s actually always down to the execution of the trades. Because it’s 1 minute chart entries you need to be quick upon entry.
  • #2,767
  • Jun 23, 4:27pm (1 hr 24 min ago) Jun 23, 4:27pm (1 hr 24 min ago)
Quoting tradernoname
Yes, even if the day is a bit difficult, it is nice to end the day with profit. I hope this is the case for everyone who implements the system. If you do not break the discipline according to the system without being stubborn with the price beyond expectations, you will definitely be the one who will benefit. Only in this way can we turn our struggle with Market Maker into profit.{image}
Congratulations on the results, and thank you for continuing to post and teach us. I made trades number 4 and 5; in trade 5, I entered one candle too late, so my take profit was too far away and didn't trigger the order.
  • #2,768
  • Last Post: Jun 23, 5:11pm (40 min ago) Jun 23, 5:11pm (40 min ago)
Quoting tradernoname
{quote} I'm sorry you had a loss I would not enter in your second trade. The reason was that the price had left the ema and I would wait for it to return to the average, that is, to pullback. Then I would look for an entry place. My last trade is a transaction visual suitable for this example. I sometimes draw the lines to determine the high and low places. If I am expecting a sell-side transaction and the price has broken the previous high, then I generally observe the structure of the price. Breaking the previous high...
I was originally going to ask if a 1:1 risk to reward ratio would be more profitable than 2:1 but looking at a lot of these backtested charts it seems that although I thought 1:1 is easier to achieve, it seems that 2:1 risk to reward is probably more rewarding.
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