Free Trading Strategies https://covetrader.com/free-indicators/
Transcript
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Hello everyone! So, lots of questions about how I backtest and find strategies on TradingView for trading prop companies and futures. I’m going to figure this out. But before that, I’ll say this: I do live broadcasts every day. Also, given the situation in prop trading, if you are on a stream where you don’t see account numbers, total profit and loss for the day—just walk away. A trader must be transparent. If it doesn’t, just get up and leave. Okay, guys. So, basically, I
Made a post. Of course, I created a bunch of strategies on my site. If you want to see all these strategies like this one, go to covtrader.com. I chose what I think is the best path: I created over 300 strategies. They are all listed here. If you want to take a look, go to covtrader.com/forward-test-results. Also, as you can see on the screen, I have indicators, a trade copier, free tools for NinjaTrader, and much more. But I did it because many people
Say : “The candles on TradingView are displayed differently when you do backtests.” And this is the absolute truth. Many people don’t know this. If you use a lot of scalping strategies on TradingView, you can get an indicator that shows high success. But in real conditions, the results will be completely different. So I set up webhooks for 300 different strategies and run them in real time. Here are all these strategies working live. I started running them last week, I think. And of
Course, someone will say, “Oh, there are only two deals here.” Yes, they only work for a week. I plan to launch them within months. There are a lot of zeros here. And these are all unprofitable. There are a lot of them . They all work. When they will get somewhere…I don’t know. Probably between 30 and 50 deals. Listen, if after 30 trades the strategy shows great profits, I will start using it. Otherwise, I will wait until I have 50 deals. Maybe
More. If after 50 trades the profit is insignificant, I will not use it. Then I’ll just let her work longer. Um , but that’s the only way to do it— run it in real time. Also , when you analyze strategies, you should analyze them by time . Strategies that work at 9:00, well, let’s say 9:30 a.m. to noon, may not work from 8:00 p.m. to midnight, because it’s a different market. So when you create these strategies, they should be adaptable to
Different sessions. That’s what I do. I break it down into the New York session: 8:00 PM to midnight, midnight to 5:00 PM, and then other times. But for the most part, when I do eventually create such strategies, they only work from 9:30 to 11:00. You know, this strategy is like an all-day strategy, but you can see me breaking it down. I don’t let this strategy run all day. I choose a specific time, and that’s it, because the market is different then.
The market at night is different from the market during the day. He is different at the opening than at the closing. So, here’s what I did. Many people have asked how I come up with strategies, how I do all this. Um, you know, I like to break it down and then you can see the different candles that I use. I use timeframes from 1 minute to 5 minutes. You know, I usually choose more than 1 minute to remove the noise. Um,
You know, sometimes you enter a trade and one candle goes against you and you think, “Oh no, this is the end.” Well, it helps to weed out such moments. Although, you know, here’s one for 1 minute. But yes, most of them are over 1 minute. Many people have asked about this. Um, and many of them are designed for greater profit. Um, they’re not trying to get five or eight points. And that’s why when I run a TradingView tester like this one,
It usually works better because it’s designed for a larger take profit and stop loss. When you start setting very narrow boundaries, platforms run into problems. But the way I do it—someone actually asked for the exact formula. I have downloaded tick data to my computer over the years. I allow Claude to use this tick data and create strategies . Then I take these strategies and test them in TradingView. Then it filters them out even more. Then I take them and run them
Here in real time. Um, I also took the ones that were really good according to the data in Claude and ran them too . Um, since I have the ability to run up to 400, oh, 400—that’s the maximum. And I use some notifications myself. So maybe I can run 350 at any given time. I can, uh, I can test for preemption about 350 strategies. And then when they all reach 30-50 deals, I start weeding them out . And when they start
To fade, I’ll add new ones. Um, but yeah, and then when they’re good, I’ll upload them to my site. And then you will be able to access them. So, if you have any questions, come to my stream and ask . Join Discord, it’s free. Everything is free. Simply, that’s all. I just wanted to discuss it.
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