✅COVETRADER Coupon Code On All Prop Firms
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What’s going on, guys? So, uh, this Trading View indicator is pretty good. I’ve back tested it. The win rate was with my rules was something like 80 something%. Um, I’m going to go over it all right now. Before I do, I stream live every single day. Once in the morning and then once again around 2:00 p.m. to 4:30. Uh, if you want to support the stream, use coupon code. it will automatically give you the best deals at all the prop firms.
Also, in the description of this video is a link to my free Discord. Also, there’s a link to a free futures course along with a link to exclusive discounts for all prop firms. Um, all right, I’m going to jump into it. Uh, there are rules to this that I have. one, I only take uh this indicator from about 10:00 on and I do not use it after hours. So, it’s only during basically the New York session. Um I’m only looking to
Get I think the back test was 10 or 15 points. Um and it was I think it was 10 points. I went break even and then I I move it down. But I’m just going to I’m not going over the back test today. I’m just kind of going over it because people have asked me about it and I figured I’d make a new video. Um, just so anybody new that subscribes to the channel can see what I’m talking about and go
Over some of the rules. All right, so here we go. Basically, one of the rules is there’s a lot of, you know, this is one, this is one. But the reason why you don’t take this is there’s no push up and then down. You’re not just taking this. Like see how this one breaks out? This is a breakout candle basically to the upside and then they slam it right back down. That’s what I’m looking for. And then you get the confirmation
Which is this dot means that you basically closed below this line and you could have taken this to the downside. Um I get some other good examples of this, you know, to the upside. See how we’re going down, down, down, down, down, and then all a sudden we stop and then they even push it down further and then sweep it back up. I would take this to the upside. Like I said, I’m not looking for a massive amount. This would have
Gotten the job done. Even if you bought at close at 98, it went up over 20 points. I’m at least at break even or up 10 points on that. Um, but would I have taken something like this? Probably not. That’s not really even though it works out, it’s probably not what I’m looking for. You know, I want to see us if like this was one. It’s not. But, you know, I’m looking for moves that come out and not every day do
You get it. Look, this day you don’t you don’t have it. I’m not that’s not doesn’t fit the criteria. Um that doesn’t even though you’re going down a little bit. I I still wouldn’t have taken that. That’s not a uh I want to see like this down and then one. So it doesn’t happen every single day. It’s one of those that when it happens, I am definitely into it. You can’t have a down one when you’re going down already. You know,
Same like this. Here’s an up one, but you’ve already been going up for how long? So, it’s one of those things that sometimes it happens every single day, multiple times, and then all of a sudden you’ll get, you know, days where you’re not getting them at all. Um, you know what it is? We went through a bunch of This is a bunch of chop. If you look, this is all chop. So, I might have picked a a bad uh section to
Go through it, but like something like this I might take, you know, for you know, you’re you’re right, you’re going up up up. They push this candle over these highs up and then you slam it. Would I have gotten in down here? No. I typically go in on the break a lot of the times and my stop is up here is what I I would typically go for. You know, something like that would probably work. You know, I would take this
Where we opened up, you know, we go down a 100 points and now you have one to the upside. I would take that. That would be right in my wheelhouse. You know, same thing like this would be one. I would take this. You basically swept these highs. Now, this isn’t some massive winner. I might have gotten stopped out break even here, but you know what? 41. No, I probably would have gotten at least five points because I probably would have moved
My stop. I probably would have moved my stop down a little bit, but you know, I’m just going over, you know, ones that I like just to give you a general idea. So, I back tested this. It works. It works if you follow the rules. I don’t know why it’s not shaded in, but like this. I don’t know why it’s not shaded in. You know, you’re up up up and then you get one up here. Yeah, I’m taking that. I I’m
I’m taking that one. So, these are just couple trades. Like I said, it doesn’t happen every single day, but it’s called And by the way, it’s called uh Lux Algo three bar reversal pattern. So, if you want to know, that’s what it is.
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