My Prop Firm Day Trading Setup To Pass Evals And Get Payouts – Take Profit Trader – Topstep – Apex

My Prop Firm Day Trading Setup To Pass Evals And Get Payouts – Take Profit Trader – Topstep – Apex Trader Funding

Transcript

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What’s going on Traders so I’ve been getting a lot of questions about going over my uh trading setup so before I get into that if you’re looking to get accounts save money on all prop firms go in the description of this video coupon code Cove Trader on uh takeprofit Trader Apex and uh there’s a bunch of other links and what you can get uh discounts off in the description of the video all right so let’s get into this um you’re looking

At trade of eight which is one of the main platforms you get for free that the prop firms link into I guess so let’s go over my current setup here um I use cumulative Delta at the bottom it basically measures the buying and selling uh within the market at that given time period I’m kind of looking to see that the move is real that we keep seeing green bars on the way up um also I look for divergences where we might

Be going up but uh the Delta is actually going down and that will show me that the move is not for real and uh I’ll probably short the pop I’m just looking right here there’s really no no divergences that kind of stti s out um the one thing you could see that we did dip right here and the there was no real selling we kind of stayed steady which kind of showed me that we’re probably going to come back up from

That and that’s definitely what we did so it’s just kind of a gauge for me to see what’s kind of going on within the market um I used uh stochastics just kind of looking for oversold or overbought um environments I guess real quick I mean I typically do not take like I’m not going to follow a trade if we’re all the way up here and go long same thing like if we drop I’m not taking a short down here I want

To see that we’re at least at the midpoint or higher if I’m going to short and if I’m going to go long I want to see at the midpoint or lower um you know it’s just just kind of keeps me in or out of Trades that um you know I might like the Candlestick setup but then I’ll I’ll look at this and be like Ah that’s not that’s not what I’m looking for so kind of keeps me my win percentage higher

Um is kind of what these two things do they’re not really a oh if this is down here or whatever I buy it’s more or less um just a double check to make sure the environment is right for that type of trade and then um up here I have um let’s see where chart elements I have the 34 EMA the eight the eight I kind of use for a trend um especially if I pull out to the uh five minute chart

The 34 I like pullbacks to 34 as you could see pull back you know right there on the downside definitely work and then obviously I have the 200 which uh a lot of people have on their chart and then the 105 I have which is actually the uh 21 on the 5 minute so I I would just you do the calculation you bring the 21 on the five minute onto your one minute chart so you don’t have to flipflop back and

Forth and sure enough you could see we got a nice bounce off that today again so it’s definitely uh work and then these other pivot Points um I kind of threw on they’re you don’t really need that I have the vwat bands it’s just a uh derivative uh deviation of vwap I got rid of the first band and I only keep the second band and that’s kind of to show me how overbought or oversold we are in um at any given

Time as you could see it just kind of Road the top of the second band it typically doesn’t go way out of the second band So once you’re up towards the top you know for me I’m not buying long if we’re above the uh above the vwat band so it’s just another thing that kind of makes stops me from making a stupid trade thinking oh we’re going to go higher like just wait for a pullback so that’s kind of what it

Is I I buy on pullbacks I never chase break outs so for me um you know if you just take this like I’m looking for us to come back to the 34 or um the 105 if I think we’re going to keep going up I I wait for the pullback I’m I’m not buying on a breakout or or whatever the case may be up there um and as you could see this was the trend we broke out we played this on

The chat we’re on the live stream also if you’re new I suggest you coming on the live stream um but this is my setup on trade of8 and then I kind of bring over the same elements for uh TOP Step X and then um this is my trading view setup mostly the same thing I have um I use pivot Points a lot if you’ve been on the chat you know they work um it’s these lines right here there’s a lot going

On because it kind of gets messed up when there’s a holiday um so anytime there’s a holiday it kind of messes up the thing but on Monday it’s much you’ll see it’s much clearer back here I don’t use this uh this green script is a backup script but what happened was the other one wasn’t working for whatever reason every time after the holiday so I have this other backup script you can see the news pop we hit the pivot point exactly

Um you know so that was a good short and then you have you know the retests and things like that this is the hourly I go to the five so you can see it you know we broke over held support you can play the bounce off of it um we rejected had a nice play off that early on so I play the pivot Points I have them set up here I vwap I have the orb 15 because I also have another

Tab for the q’s and I’ll play The Q’s uh 15 which is obviously uh the first 15 minutes of trading it’s 9 930 to 9:45 so I’ll play uh support and resistance with that and then I just kind of have this uh smart money Concepts up just it’s just kind of a visual to show you where support is without having to actually look back on the chart um so I can just look over here and I can kind of see it

Without going back back and uh that’s pretty much it it’s pretty uh it’s pretty easy I don’t have a ton of things on here it looks like a ton of things but I’m all like this line This Middle Line means nothing I actually normally uh I normally get rid of it to be honest with you um and my other script doesn’t even have the Midway lines so those lines are gone and I’m just pretty much playing V op 200 pivot Points

And then uh I just follow the trends I look for the 34 bounces which is this green line nice 34 bouns and this eight or nine uh is just a visual I’m not playing a bounce off it it’s just kind of a visual for me to see the uh the trend and that’s pretty much it then I have these this is the macd this is zero lag macd um and this is the w w something I don’t really know about this

Yet I might be taking it off my chart but uh but yeah I like the zero lag macd and that’s kind of my setup um this is what I’m using for Trader eight and uh and trading view I make majority of my trades based off of uh trading view just everything’s there and then uh I’ll flip back and forth but you got to have stuff on um the place I’m making the trades so that’s pretty much it if you have any

Questions about scripts where you get them like where I got these were basically indicators and I just searched the the community indicators um and then on here you could see these are the names you just type in you hit indicators you type it in and they’ll pop up so that’s pretty much it if uh if you have any questions comment on the video you can join our free Discord that link is also in the uh in the video description as well

And uh yeah I mean this is pretty much it I don’t have anything crazy I just kind of like playing the uh the trends and uh support and resistance I keep it simple and uh it pays all right take it easy