Link To Strategi https://covetrader.com/free-indicators/
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys? So, I passed a prop firm account only using one strategy, which is the one you see on the screen. I’m going to show you how to get this in 2 seconds. Before I do, I stream live every single day. Be sure to subscribe below. Smash the like button. Um yeah. So, real quick, I’m going to show you how I got this, what it does, everything else. Um I’ve never done a challenge like this, so I wanted to
See what would happen. If you want this strategy, it’s on my website. This is the one I was using right here. Basically, click the button and you’re going to request access. The website is covetrader.com/freeindicators. Um this is actually my flow tool. If you want to If you want to look at order flow for free, uh be sure to just download that. It’s on my website. It’s at the top. Um I am just going to go over through this, basically. Uh This
Is what it looks like. It’s basically using the strat, which is a candlestick strategy, but there’s a twist to it. It’s not just as you can see, it’s not taking uh every single one of the trades, cuz it basically labels them all out, but it’s obviously not taking them all. Uh It’s doing great. I wanted to see how these strategies played out in the live market. So, basically, I back test the strategies. I forward test them in basically just a free
Sim Ninja account. I look at the performance just to make sure it matches the back test. This one did. I then put it live on a prop firm, and obviously, it passed it. Um you know, you’re going to say, “Oh, the drawdown’s high.” Well, you can go to micros if you want. This is the NQ. So, if you want only 4,400 in drawdown, use five micros. If you want less, use less micros. Um but yeah, I mean profit factor is 1.9.
You know, I’m going to get into something real quick. I just want to show you, but yeah, so this is what it kind of looks like. It took obviously, what? Maybe 10 trades through the day. It did really well on Friday. Um I end up passing the account. I loaded up another account. That one’s almost half passed. Um I I It didn’t go live, so I get the funded account on Monday and I’m just going to run this on the funded
Account on Monday. I’ll be sure to update you guys about it. Um but I just want to be perfectly clear with you. I am giving you the script to do it. I am not giving you my personal settings. So, I’m giving you 95% of it. You obviously see I’m doing this on the 15-minute chart on NQ. So, now it’s your job to do like the last 3%. Play around with some of the settings. See what you get. Um this is not
A magic button where you just put it on and it’s just going to start passing accounts. I’m going to be honest with you. Now, remember the market is different where it is now than it was a year ago, right? We’re at 30,000, right? So, if you back this out and say, “Hey, you know, Ah, this thing’s got the freaking code on it. But anyways, you know what I’m talking about. So, like a year ago, we weren’t at 30,000. So, obviously, stops
And things like that have to be adjusted. Um so, this this Oh, I went to the hour. That’s why it’s messed up. All right. So, this was not working well for Here, if I go back, I’m going to show you because I’m honest about it. But you got to also remember the market back then is was not the same market that it as it is now. And that’s the problem with some strategies is you got to constantly update them. Right? One
Strategy that works over in, you know, July in 2023 is not going to be the same it is now. That’s like once the volatility kind of ends or whatever, I you have to make adjustments. So then you go in. So one thing that I do that a lot of people don’t do is I track this strategy going forward. And as things start to kind of wean off and I notice that it’s not performing as well, I go in and make adjustments.
So I’m not running the same TP, stop losses, everything else as I would a year ago. Things change. If you’re not adapting, then that’s on you. So I have plenty of strategies. They work, work, work. They kind of stop working. I notice they stop working. I make adjustments. They go back to working. Um so that’s kind of this is working right now. I’m going to keep running this. Somebody’s like, “Oh, well, it’s doing good now.” Yeah, man, I’m going to ride
I’m going to ride this till the wheels come off. Honestly. Cuz look at it. Last 90 days, I mean it it’s rolling. I’m going to roll with it until it’s not rolling anymore. And then when it stops rolling, I’m going to make adjustments. And that’s what I’m doing. That’s not what you have to do. Um and yes, commissions are added on this and everything else. So Um but yeah, if you have any questions about this, come on the live stream and
Ask. Um I’m open about pretty much everything. And um I just never done a challenge like this. So we’re going to see how far I can take this account.
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