🚨 Want More Prop Firm Payouts? Start Making These Changes Today! 💰
Transcript
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What’s going on guys? So, I’m going to go over the one thing that’s helped me get a lot of prop firm payouts, especially as of recently. Um things are going really well. If you want to watch me take these trades live and free, subscribe below. I trade live on YouTube 9 a.m. till noon, and then again 2:00 p.m. to 4:30. Uh come on, ask any questions you have. You can watch me take the trades, look at indicators I made, anything you
Want. Come on and ask. But, uh the one thing that I’ll say that helped me out the most was I changed my setup around a little bit. So, if you didn’t know, this is obviously TradingView. I have the double Most of you might know that you can slide back and forth here. Uh I started looking at the higher time frames. And I started using uh a couple different indicators. As you can see on this one, I have other time frames as
Well. You can see the bigger candles. And also, sometimes I’ll just say, “Hey, I just want to look at this.” So, once I started looking at the 5-minute chart, it kind of changed a lot for me. Um This indi- Here’s the indicators I’m using. Uh I have a change in state indicator. Uh fair value gap inversion indicator BPR. This is all on the 5-minute chart. It’s kind of what I play. Um I’m basically looking for us to take out lows or
Highs, and then I look for an entry to the upside or the downside. Um then I have the 1-minute chart right here, and I can look at my different levels. This is a script that I made, so you could see like New York low, Asia low, previous day, previous hour, 4-hour, and then you have all the highs and daily opens. So, I made this. If you want it, come on my stream and ask. I’ll give you access to it. This is
Kind of what it gives you. Also, you can add on um Fibonacci conversions and breakers. So, it’s kind of a lot of different things at once. And then I use this, the 10x, on the side so I can actually see the the 15-minute candles and the hourlies to see what’s going on in the higher timeframe to get uh you know, what my bias is. It it On a 1-minute chart, it’s there’s a lot of noise, obviously, but that’s where you want
To be to find your entries. You want to kind of get your bias from the higher timeframes, and when things align, you then look on the one for the entry. And that’s kind of what I’ve been doing. Um payouts are rolling in, things are working out well. Uh I’m also managing risk, making sure I trade at the right times of the day. I’m I’m not trading at 6:00 p.m. or 7:00 p.m. at night or you know, like Remember, you need volume
For the market to move. Right? If you look at any So, I back tested Yeah, I’ll show you guys. These are all the scripts I’ve made. These are ones that I made personally. All these scripts. I can tell you right now, the worst time to trade is 6:00 p.m. to 8:00 p.m. There’s not one person that’s like, “Oh, my favorite strategy is at 6:15.” Like, it’s just algos going back and forth. I can’t stress this enough, you guys. You need volume
To make moves. If there’s no volume in the market, the moves really aren’t going to be made. Now, obviously, you could have news as of late with Iran and everything else. Yeah, sure. I’m talking about on average, guys. Pack it away. Market closes at 4:00. Pack it away. Either come back when Asia actually opens, which is 8:00 p.m., or some of you guys come on when London opens or come back at 9:30 at at at New York. Um overnight has been
Exceptionally well the last couple weeks and I when I say overnight 8:00 p.m. on uh you’ve been getting some massive moves which is kind of unlike the market but hey ride it for now. Just know on average uh you know, on average the best time in the day for most of these strategies are are 9:30 it it starts. I’ll even test strategies that they’re only good from like 9:30 to noon because afternoon kind of the volume backs off. So if you’re
Testing things out I would definitely test out in time frames where it’s like 9:30 to noon noon to the rest of the you know, it’s a four. You can test out 6:00 p.m. to 8:00 p.m. you can see what I was talking about and then you go 8:00 p.m. to midnight and then I go midnight to three and then three to five. That’s how I break up my time frames when I’m testing things out especially when I’m automating strategies. Um but
Yeah so I don’t want to go too far down that but this is basically what I’ve been going through. Uh five-minute chart 15 an hourly. I don’t need a big hourly. I just need to see you know, the last couple candles here kind of get my bias what’s going on gaps and things like that and then on the one I have it overlay um the bigger time frames so I can see my one-minute chart with it being overlaid. And then sometimes
I just want to say hey you know what my bias is this. I’m only looking to sweep and come back and you know that that’s an overnight overnight move that I’ve been talking about. But I’ve also been playing a lot of retests so you can see right here we have the gap up which I did play that and then you have the retest which I also played. Um but yeah it’s just that’s what I’ve changed. So if you have any questions
About my setup, these are all the things that I’m using here. Obviously, each one has settings. I can run through this on the live stream if you have questions. Feel free to ask. That’s pretty much it.