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Nova Volume Trading System

  • #921
  • Feb 4, 2025 5:14am Feb 4, 2025 5:14am
Quoting JBHtraderx
What a great system! Trade Nova for a week on demo and great results so far! I'll do some more demo trading to learn nova better. Many thanks for sharing this great strategy!
Do not forget that Live is a different story due to the spreads and commissions you will be paying.

If I would be you have a small account and start with small lots
  • #922
  • Feb 4, 2025 10:56am Feb 4, 2025 10:56am
Quoting xkwisit2001
{quote} I will share this in a later reply in more detail but essentially what I am doing is using the fixed volume profile in trading view and marking the last 4 or 5 previous weeks and then marking a horizontal line on every value area high, value area low and point of control. This is a bit more advanced BUT I am in the process of adding this to the nova indicator to plot automatically... was just a little sneak peek to see how people would respond If there are no targets above where price is, then I go back to any previous week where...
I hope you're still working on your update. Could you elaborate a little bit more about the volume profile, please?

If you're interested, there's also a new indicator that draws profiles using swing pivots.
https://www.tradingview.com/script/8...er-ChartPrime/
  • #923
  • Feb 6, 2025 8:01am Feb 6, 2025 8:01am
Quoting AlanGo
{quote} Appreciate you don't want to complicate things. If you ever changed your mind though even just an alert for the background colour changes would be very useful as it's one of the main signals. Thanks again for your time and work on this.
Yes, I also request an alert for the background colour changes which will be very helpful
  • #924
  • Feb 6, 2025 8:03am Feb 6, 2025 8:03am
Quoting xkwisit2001
{quote} I will share this in a later reply in more detail but essentially what I am doing is using the fixed volume profile in trading view and marking the last 4 or 5 previous weeks and then marking a horizontal line on every value area high, value area low and point of control. This is a bit more advanced BUT I am in the process of adding this to the nova indicator to plot automatically... was just a little sneak peek to see how people would respond If there are no targets above where price is, then I go back to any previous week where...
Point of control lines are very important leading indicator. Appreciate that you will be adding it to nova soon..
  • #925
  • Feb 11, 2025 3:46am Feb 11, 2025 3:46am
Have been working on a new system alongside nova to make things much easier to find the best entries and repeatable every single day.

Just not sure whether to start a new thread on it or continue here.

My chart for today

Perfect bounce zones.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
You can lead a horse to water, but you can't make it drink
  • #926
  • Feb 11, 2025 6:12am Feb 11, 2025 6:12am
Quoting xkwisit2001
Have been working on a new system alongside nova to make things much easier to find the best entries and repeatable every single day. Just not sure whether to start a new thread on it or continue here. My chart for today Perfect bounce zones. {image}
Thank you for sharing your system. I have recently discovered it and I am trying it out for the last few days. Still getting to grips with it and adjusting it a little to my trading style. Looks like it is a consistent and reliable system.

I believe you should share your new system here or if you think it will be seen by more people as a new thread then just post a link here.

Look forward to your new system.
  • #927
  • Feb 11, 2025 6:20am Feb 11, 2025 6:20am
Quoting xkwisit2001
Have been working on a new system alongside nova to make things much easier to find the best entries and repeatable every single day. Just not sure whether to start a new thread on it or continue here. My chart for today Perfect bounce zones. {image}
Hi again,
Do you want to share a new system or a "new indicator" to complete with Nova? IMO, it will be nice if you have two independent and clean threads if it concerns "a new system" (and I hope it will skyrocket on FF and be your last thread ); but let's hear out some opinions from other followers.
Take care
  • #928
  • Edited 6:53am Feb 11, 2025 6:26am | Edited 6:53am
Quoting xkwisit2001
Have been working on a new system alongside nova to make things much easier to find the best entries and repeatable every single day. Just not sure whether to start a new thread on it or continue here. My chart for today Perfect bounce zones. {image}
Start a new thread and redefine the entry criteria so it's nice and clear and then everyone's on the same page.
  • #929
  • Feb 11, 2025 8:26am Feb 11, 2025 8:26am
Quoting xkwisit2001
Have been working on a new system alongside nova to make things much easier to find the best entries and repeatable every single day. Just not sure whether to start a new thread on it or continue here. My chart for today Perfect bounce zones. {image}
Chart update:

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 58 KB

This will be what the full system looks like.

What I'm doing is making sure there are realistic targets for Nova when entering positions and then I think the system is fully complete and it can then be 'SuperNova'

I did have an update for nova that was almost ready but needed to also incorporate my deviation lines which plot each day so decided to bring it into.

So on the chart there is:

  1. Nova Volume Indicator
  2. Deviation Lines with midpoints (horizontal lines)
  3. Pivot swing points for market structure (dots)
  4. 3 EMA's for trend direction

I will try my best to get the update out this week and then my work here on the system will be done

You can lead a horse to water, but you can't make it drink
  • #930
  • Feb 11, 2025 1:27pm Feb 11, 2025 1:27pm
Quoting xkwisit2001
{quote} Chart update: {image} This will be what the full system looks like. What I'm doing is making sure there are realistic targets for Nova when entering positions and then I think the system is fully complete and it can then be 'SuperNova' I did have an update for nova that was almost ready but needed to also incorporate my deviation lines which plot each day so decided to bring it into. So on the chart there is: Nova Volume Indicator Deviation Lines with midpoints (horizontal lines) Pivot swing points for market structure (dots) 3 EMA's...
That actually looks great!

Cant wait for the new update, but as every system there will be always something to add and change
  • #931
  • Feb 11, 2025 5:09pm Feb 11, 2025 5:09pm
Quoting xkwisit2001
{quote} Chart update: {image} This will be what the full system looks like. What I'm doing is making sure there are realistic targets for Nova when entering positions and then I think the system is fully complete and it can then be 'SuperNova' I did have an update for nova that was almost ready but needed to also incorporate my deviation lines which plot each day so decided to bring it into. So on the chart there is: Nova Volume Indicator Deviation Lines with midpoints (horizontal lines) Pivot swing points for market structure (dots) 3 EMA's...
cant wait for the new update thanks for this bro. it look likes to me nova with snr
  • #932
  • Feb 12, 2025 8:05am Feb 12, 2025 8:05am
Are the deviation lines going to be plotted automatically?
He bought? Dump it!
  • #933
  • Feb 12, 2025 9:52am Feb 12, 2025 9:52am
Quoting ifurlan
Are the deviation lines going to be plotted automatically?
Yes every day
You can lead a horse to water, but you can't make it drink
  • #934
  • Feb 13, 2025 3:28am Feb 13, 2025 3:28am
Quoting xkwisit2001
{quote} Yes every day
I just found you this past weekend. And now I just finished reading the last of the 47 pages of comments. Phenomenal stuff, and I'm super excited to be here just as you are rolling out the new stuff. I started trading this Monday and have had 3 straight green days. I'm down 2r this morning on a wild consolidation on silver futures but I know the coming expansion will give loads of juicy opportunities to get green for the day and grow my returns for the week.

I messaged you (and you replied) but I want to thank you again publicly for this. It really is fantastic work!
  • #935
  • Feb 13, 2025 2:25pm Feb 13, 2025 2:25pm
Quoting colbster
{quote} I just found you this past weekend. And now I just finished reading the last of the 47 pages of comments. Phenomenal stuff, and I'm super excited to be here just as you are rolling out the new stuff. I started trading this Monday and have had 3 straight green days. I'm down 2r this morning on a wild consolidation on silver futures but I know the coming expansion will give loads of juicy opportunities to get green for the day and grow my returns for the week. I messaged you (and you replied) but I want to thank you again publicly for this....
Mad respect for going through all 47 pages, that’s real commitment!

Great to hear you’re already stacking green days. Silver loves to mess around like gold does, but you know the deal… once that expansion hits, it’s game on.

Appreciate you sharing this, always good to see others benefiting. But like I’ve said, this system is subjective... some will get it, some won’t.

It all comes down to putting in the extra work and understanding how it works and how YOU wish to trade.

I’ll be more active here in the coming days/weeks (been tied up with Nova and new baby duties lol), but let’s keep pushing and if anyone has any questions let me know!
You can lead a horse to water, but you can't make it drink
  • #936
  • Feb 13, 2025 4:24pm Feb 13, 2025 4:24pm
Quoting colbster
{quote} I just found you this past weekend. And now I just finished reading the last of the 47 pages of comments. Phenomenal stuff, and I'm super excited to be here just as you are rolling out the new stuff. I started trading this Monday and have had 3 straight green days. I'm down 2r this morning on a wild consolidation on silver futures but I know the coming expansion will give loads of juicy opportunities to get green for the day and grow my returns for the week. I messaged you (and you replied) but I want to thank you again publicly for this....
Is there a good way to spot when an expansive or very trending movement is coming?
  • #937
  • Feb 13, 2025 5:24pm Feb 13, 2025 5:24pm
Quoting mr.AH
{quote} Is there a good way to spot when an expansive or very trending movement is coming?
If you follow market structure then you just need to keep an eye on the trend direction (EMA's).

With enough time you can see when the trend is shifting from consolidation to trend and then find opportunities.

Apply the EMA's and when you see the EMA's fan out that's the trend potentially beginning.
You can lead a horse to water, but you can't make it drink
  • #938
  • Feb 14, 2025 5:05am Feb 14, 2025 5:05am
Quoting mr.AH
{quote} Is there a good way to spot when an expansive or very trending movement is coming?
Over the previous day or so, the moving averages got extremely tight on the lower timeframes. There were moments they seemed to be actually equal. I don't trade Bollinger Bands, but if you throw them on the chart, you will see the tightest locations are when the MAs are getting close together and moving sideways.

This occurs before a big move, with longer consolidations typically preceding bigger expansions. Take a look at the 1h candle at 0300 EST yesterday on SI. You then had 4 entire 1H candles that remained within that range. The next candle (0800 EST) manipulated to take the liquidity below the range and then went on an unmitigated tear to the upside.
  • #939
  • Feb 14, 2025 5:56am Feb 14, 2025 5:56am
Just to add the best M1 entries will be when the 4HR/D1 nova is giving a signal.

That is a good sign to hold if you want to go for bigger RR with zero risk (if set to BE)

That's pretty much what I look out for... daily nova signal will tell you if things are looking good for the week or weeks

When 4HR/D1 is ranging and there is no signal then that's when you go on holiday or enjoy your life and family etc lol
You can lead a horse to water, but you can't make it drink
  • #940
  • Feb 14, 2025 6:03am Feb 14, 2025 6:03am
5R from this today on gold... Nova will deliver if you follow the trend

Deviation lines working perfectly - look at the current bar

Lines automated.. zero adjustment & tp would be hit to the pip!

If you take the time to read this thread you will be profitable
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 56 KB
You can lead a horse to water, but you can't make it drink
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