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Nova Volume Trading System

  • #501
  • Nov 21, 2024 9:01am Nov 21, 2024 9:01am
NAS100 & Nova - Lets see

There's at least a 1:1 or break even lol

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NOPE: 1:2 easy

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You can lead a horse to water, but you can't make it drink
  • #502
  • Nov 21, 2024 9:02am Nov 21, 2024 9:02am
Quoting xkwisit2001
LMAO so nas100 erased the whole morning in like 5 candles
That was a minute or 2 into the open. I took the short as price had just popped above the previous day high, and Nova turned red. Just trail the minute candle high all the day down. This is obviously not part of the strategy you suggested but something I'm going to take a closer look at using this around the open, and at key levels.

(And there's another 1:2+ short from the pullback to the new low).
  • #503
  • Nov 21, 2024 9:07am Nov 21, 2024 9:07am
I think this may be an issue with TV (not nova specific) but thought I should check. Every now and then I lose Nova, it just disappears. To get it back I just re-select it, but then the original one (that I thought I had lost) pops back up too. I'm an MT4 old hand so probably doing something wrong. Does anyone know if it's me or a known issue?
  • #504
  • Nov 21, 2024 9:08am Nov 21, 2024 9:08am
Quoting TableTop
{quote} That was a minute or 2 into the open. I took the short as price had just popped above the previous day high, and Nova turned red. Just trail the minute candle high all the day down. This is obviously not part of the strategy you suggested but something I'm going to take a closer look at using this around the open, and at key levels. (And there's another 1:2+ short from the pullback to the new low).
Aha my system is for me... if you work something else out then that's for you and it's amazing.

Your system might be better than mine, I'm having to target 1:4's now lol

Nova & Nas100 is defo beautiful
You can lead a horse to water, but you can't make it drink
  • #505
  • Nov 21, 2024 9:09am Nov 21, 2024 9:09am
Quoting TableTop
I think this may be an issue with TV (not nova specific) but thought I should check. Every now and then I lose Nova, it just disappears. To get it back I just re-select it, but then the original one (that I thought I had lost) pops back up too. I'm an MT4 old hand so probably doing something wrong. Does anyone know if it's me or a known issue?
It's most likely TV and your internet connection.

It does weird things like that sometimes.
You can lead a horse to water, but you can't make it drink
  • #506
  • Nov 21, 2024 9:34am Nov 21, 2024 9:34am
Hi xkwisit2001 and everyone, thanks for the indicator, is amazing, but, i have some questions, what is your preferred sessions for trade? jus trade gold and us100?, i see the operations today in us100, and this amazing, but, what is your sessions for this?
  • #507
  • Edited 10:19am Nov 21, 2024 9:55am | Edited 10:19am
Quoting LinuxBoy97
Hi xkwisit2001 and everyone, thanks for the indicator, is amazing, but, i have some questions, what is your preferred sessions for trade? jus trade gold and us100?, i see the operations today in us100, and this amazing, but, what is your sessions for this?
I trade London/NY Crossover
You can lead a horse to water, but you can't make it drink
  • #508
  • Nov 21, 2024 10:50am Nov 21, 2024 10:50am
hi, guys, happy for your earnings, still to figure to find a perfect setup
was trying to scalp forex on 5m & 1min---> 5min sweep and enter towards context on m1 but so far 1 win & 3 losses.
Want to try to focus on indices as I am working full time and in the London time from 8pm to market close(10pm) it's kow volume, this will be a good period to trade as I have time but no ooportunities.

Just to ask if you watch on TV NAS100 & S&P500, you paid for real time data, or how you proceeded here?
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  • #509
  • Nov 21, 2024 10:59am Nov 21, 2024 10:59am
Quoting mmihai29
hi, guys, happy for your earnings, still to figure to find a perfect setup was trying to scalp forex on 5m & 1min---> 5min sweep and enter towards context on m1 but so far 1 win & 3 losses. Want to try to focus on indices as I am working full time and in the London time from 8pm to market close(10pm) it's kow volume, this will be a good period to trade as I have time but no ooportunities. Just to ask if you watch on TV NAS100 & S&P500, you paid for real time data, or how you proceeded here? {image} {image}
If you pay you will get real volume which is best but just use USTEC Ic Markets if you don't want it to be delayed.

My broker is IC so it's the same in MT4 but nothing beats real volume, I've just paid for it.
You can lead a horse to water, but you can't make it drink
  • #510
  • Nov 21, 2024 11:21am Nov 21, 2024 11:21am
Quoting xkwisit2001
LMAO so nas100 erased the whole morning in like 5 candles {image}
wtf
  • #511
  • Nov 21, 2024 11:56am Nov 21, 2024 11:56am
done w/ 8 period rsi bars
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  • #512
  • Nov 21, 2024 12:15pm Nov 21, 2024 12:15pm
Quoting Degolep
Is there a way to get some kind of an alert when the setup is right?
xkwisit2001 ?
Anything above the line is an uptrend, below the line is a downtrend.
  • #513
  • Nov 21, 2024 12:17pm Nov 21, 2024 12:17pm
Quoting Degolep
{quote} xkwisit2001 ?
Not really, that's heading more into EA territory.

I can code when the signal line crosses the 0 level though if you want that?
You can lead a horse to water, but you can't make it drink
  • #514
  • Nov 21, 2024 1:58pm Nov 21, 2024 1:58pm
I knew this worked; I just changed two little filters and simplified them: two profitable days in a row.

By the way. tomorrow there will be so much news it feels like making money as a journalist rather than trading lol.
  • #515
  • Edited 2:39pm Nov 21, 2024 2:19pm | Edited 2:39pm
Quoting xkwisit2001
{quote} Not really, that's heading more into EA territory. I can code when the signal line crosses the 0 level though if you want that?
It's ok will manage for now, have to test this anyway. I've also send you a PM if you can answer.
Anything above the line is an uptrend, below the line is a downtrend.
  • #516
  • Nov 21, 2024 4:55pm Nov 21, 2024 4:55pm
Quoting cuchuflito
I knew this worked; I just changed two little filters and simplified them: two profitable days in a row. By the way. tomorrow there will be so much news it feels like making money as a journalist rather than trading lol.
Great to hear!

What changes did you make?

My biggest issues at the moment are just waiting for a clear trend / FOMO.
  • #517
  • Nov 22, 2024 3:49am Nov 22, 2024 3:49am
Quoting Point-F1ve
{quote} Great to hear! What changes did you make? My biggest issues at the moment are just waiting for a clear trend / FOMO.
I use a Jurik MA which changes colors.
Also for trailing.
That is it.
Best way of using Nova I found, for myself so far. I trade only EURUSD but once I get solid I will look at maybe Gold or Nasdaq.
I did not take that, too many news today, but even without news runs like these are there for the grab.
(Thanks again xkwisit!)
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  • #518
  • Nov 22, 2024 3:51am Nov 22, 2024 3:51am
hello .
first i really thank you for what you brought . i really like nova
i am looking for a way to set an alert when there are conditions like you said . or just price moves from colorless to colored area but i still don't know how to do it . can you tell me how to set that alert
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  • #519
  • Nov 22, 2024 4:28am Nov 22, 2024 4:28am
Quoting ashiheikin
hello . first i really thank you for what you brought . i really like nova i am looking for a way to set an alert when there are conditions like you said . or just price moves from colorless to colored area but i still don't know how to do it . can you tell me how to set that alert {image}
On tradingview go to alerts and create new.

It has 2 alert types for bullish and bearish momentum to choose.

Another one I will include in the update is for then the zero line is crossing zero.

When I am back home I'll also post how to do it.
You can lead a horse to water, but you can't make it drink
  • #520
  • Nov 22, 2024 4:59am Nov 22, 2024 4:59am
Wonder why Nova gave no green shading throughout these 2 bull swings.
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