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What’s going on guys? So, I might have found the holy grail of TradingView indicators. It might be the best one out there. Before I get into that, if you like this uh and you want to join our live stream every day, it’s free on YouTube. We stream uh early morning. And then we stream again at 2:00 p.m. uh through the end of the day. There’s also a link in the description of this video for our free Discord where you can join,
Ask questions there. And if you want to support the stream, use coupon code Code Trader. It works at all the prop firms and gives you the best discounts. So, let’s just jump into this. At the end of the video, I will show you the indicators. But I just want to show you how good it seems through my initial back test. Um so, this is Friday, obviously. Uh you know, these aren’t the normal candles. Uh this is the normal candles on the
Right. And just by looking at things, it gives you the buy signal at 5:03. Literally right here. And you basically it’s a buy signal for the day. And if you go, it give you a sell signal at 10:24. 10:24, you go and you would have gotten a sell signal basically right here. And you wouldn’t have gone through too much drawdown, actually. If you look, this it seems like the sell signal actually went away at 12:00. And then popped right uh right
Back in at kind of right after it. Uh it had a buy signal at 9:55. Which was right here. And that obviously took all the way to 10:24. I mean, that’s that’s that’s money money. That’s actually really really good. Um we’ll just swing by the next day. I’m only going to do for the week or so. I’m just going to show you guys. I back tested this further, but I’m going to show you how good this is. Look at this. 956
956 and you would have caught the whole uptrend for the day. Uh yeah. That’s crazy. I only trade during market hours, so uh All right. So, now this is a choppy day. So, this is going to be real interesting. This is Wednesday versus Wednesday. Uh well, that’s pre-market. This is pre-market, so obviously I’m not going to trade that. I would get a sell signal at 10:11. I would have gotten a sell signal right here. I would have taken a loss because
At 10:40. That loss would have been minimal, actually. It would have been like a 15-point loss on the sell and the buy was at 10:40. 40 to 10:50. Again, you would have had maybe a 12-point loss. But then at 12:50 which is right here, all the way to 13 Yeah, then you would have just crushed it. Absolutely crushed it. You would have went from 480 all the way Yeah, you would have got like 50-something points on this move. Yeah. Um that
Would have been the end actually of me probably trading in general. And then obviously it goes green to green, yeah. I kind of like really like this. I don’t know about you guys, but what I’m initially seeing here, obviously I’m not going to take the pre-market. I normally wait the first 15 minutes of the market, just an FYI. So, I probably wouldn’t even take this trade anyways. I would have probably taken this one. So, I would have shorted at 950. That’s
Typically my rules. So, you would have got in somewhere around 22300. And then I mean, you would have taken like a 10-point loss, but then you would have went long at 1025 at like 310 and you would have been Dude, you would have been you would have been long Yeah. 414, I mean, you would have made a freaking killing. I don’t know, guys. I’m just looking at this. I I’m loving this. Um I’m going to probably keep this up on my
Screen and play it. So, the indicator looks like this. It’s called Renko stop and go. I have this on my uh on my indicators. Renko uh Renko stop and go by Richard Santos. This is what I’m using. Um I really like this a lot. And obviously I just kind of switched to Renko uh candles up here. Uh and then that’s it. Um I’m loving it. So, I know it goes by trends, but it’s pretty freaking good. So, let me know what
Your thoughts about this. I like it. And um I’m going to start keeping up on one of my screens as we trade. So, let me know your thoughts.
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