👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I just found an indicator that is literally 86% right for big gains many of the time I am going to be forward testing this live on the stream next week uh we stream every day 10:30 to noon 2: p.m. to 4:30 I am going to be adding this trade to uh to the Daily uh first I want to shout out to I can’t think of who it was that told me about this indicator um but they’re
Live on the stream also if you like these types of videos smash the like button uh subscribe so you get notified when I go live and if you want to support the channel use the best coupon code out there coupon code Cove Trader when buying any prop firms it will automatically give you the biggest discounts at all the major firms so I guess let’s jump right into it I actually tested it out and on my trusty sheet it was uh 28
For 33 um the rules are you do not trade uh the last five minutes of the market and the first five minutes of the market other than that it’s free game um I’m going to go into what the indicator is right now um and I’m going to show you some cool things about it so let me just first of all we’re on the five minute chart this has uh nothing to do with it nothing to do it so basically you going
To go on the F minute chart this is a free indicator with uh trading View and it’s by Lux algo it’s called three bar reversal pattern and basically it forms these little three bar reversals and uh it just works it just works I am going to cancel out of the replay mode this is literally today you would have caught this top um basically my stop would be the top of the box so in theory this would only be one uh alert
Because you’d get this alert you would have went short at 7:09 your stop would have been 7:30 you never retouch 730 and then you could easily get I mean easily get 10 points but forget about 10 points you would have caught uh the dump you would have caught the dump dump um but I’m just going to show you I’m not going to go through all of it I’m just going to show you a couple things and I want to talk about
It uh further but I’m just showing you that’s a down one uh this is right off rip I probably wouldn’t have taken this because it’s the very beginning of the day it doesn’t really work that good uh during other sessions I should say New York is really where it works you know this is a winner this is uh that’s pre-market but this is a winner to the up you would have caught uh uh well this is right at the end of
The day you would have caught that I’m just trying to get one that’s here you go right here there’s a couple of them so right here one two three up easily would have smashed would have smashed again um it just works so it’s something I’m putting on my on my charts I will be using it um I’m going to talk about this in the Discord if you’re not in the Discord the links in the description of the video um I have
Many other videos like this one but this it just works a lot shout out again to whoever showed me this on the live stream but as I back test it um lots of winners just lots of winners you know these are quick little scalps you know this three bar and then it’s you would have closed right here and down would have easily got got paid um so yeah it was 28 for 33 84.8% win rate 5 minute chart on the NQ
I haven’t tested it on crude I didn’t test it on gold it’s something I’m going to be forward testing um next week I most likely will use minis not min uh like five micros just to get my feet wet and then maybe I’ll move to minis so that’s the deal I needed to show you guys this awesome little indicator if you don’t have trading view make sure to get it um so yeah I will see you on the stream if you
Have questions comment on the video and I will be sure to get back to you
Leave a Reply