My TradingView Setup When I Trade Apex Trader Funding – Topstep – Take Profit Trader
Transcript
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What’s going on Traders so a lot of people have asked me to go over my trading view setup so I’m going to go over all my indicators my setup and uh everything so you can see exactly what I’m doing before I jump in if you are trading prop firms and you want to save some money uh all the discount codes are in the description of this video it’s coupon code Cove Trader on all major your uh prop firm platforms so yeah
All right so let me go over this right now um we’re going to drop this down so these are the ones I use for the most part we’ll go over each one individually so you can kind of see what it does on the chart um basically this one is just it gives you an auto trend line it’s this um obviously the trend line switches when go to different um time intervals it’s this is the end of the day it kind of
Gives the last Trend so as there’s a new trend or Trend break it will create a new one um it’s just a guide I don’t I don’t use it as a nothing I use is a straight up if this happens I buy it this is all things that kind of give me information and then I trade off the information so I just kind of have this up there for just kind of the trend just kind of so I could see what’s
Kind of going on so here it is auto trend line you just search in the indicator section and you bring that up next one is the Lux algo smart money Concepts um it’s just visually where I can see uh support and resistance without kind of looking back and forward um just kind of simple obviously the the brighter it is the more support there is because it’s overlapping each other and it’s just visually so I can kind of see what’s going on
Um you know obviously you can look and say oh this was the top here this was the bottom but it’s easy to just have the uh the guide kind of show me as we go on in in the trading day so I have that on so these EMAs I actually basically I use this script and and then what I did was I hit source code and I switched them to the 8342 and 377 basically I just copied this script and created
My own script left the uh the name the same so this is the eight this is the 34 this gray Line’s the 377 and the yellow is the 200 and I basically I have that on the chart which is uh pretty simple this is my pivots indicator pivots traditional you just search an indicator pivots standard and uh I basically use them so when you get a huge range day like like we had on Thursday they’re very spread out on Friday so
You know that’s why um you know that’s why you see them so wide but you could see look that was the absolute top on Thursday so if you had it on your chart you would have grabbed the very top um and then it kind of I kind of use it also as a you know support and resistance obviously for balances and everything but also to see how far of a move we’ve gone um through the day and uh you know I’ll
Definitely play it depending on what’s going on in the markets for you know I play first touch as you could see first touch and price action definitely does uh respect the areas but like I said nothing is I take it and um I buy right off of it uh the orb 15 is for the q’s so I’ll have another Tab and I’ll have the qqq’s and I play the first 15 minutes of the cues um and I have the orb for
There I do leave it on here just as a as a guide as well and then obviously I have vwap on and that’s what this line is and then down here this is that W script I think I might take it off basically it just kind of shows you the explosive um explosion of the moves I got to dig more into this script I do like the color coding um I do like the way it looks I got to really dig
Down more into this script I just put it on about a couple weeks ago and I’ve been meaning to dig more into it um and then here’s a zero lag macd which I’ve been really liking um the green kind of gives you a quote unquote Buy Signal and purple is a sell signal I look at it on the five and then also on the one um I don’t play I don’t use it after hours because after hours you get a lot
Of fake outs um so it’s only used kind of during Market hours I like it is it right every single time nothing is um it’s just kind of a guide where if I see we’re like super down um and it presents a Buy Signal you know I might think of not shorting it’s more of not doing the other thing um you know that’s kind of where it is where if it’s a sell signal up you know I’ll probably say hey I’m
Not going to buy the bounce until I at least get you know a Buy Signal but we were just dumping on Friday at the end of the day that I knew enough not to do anything so you got to realize where you are in the market as well like all indicators are great but there’s not one golden indicator that’s going to tell you exactly what to do every time so when I have everything on this is what my setup kind of
Looks like and I can make decisions kind of based on you know if I bring up the five like you know what’s going on um you know what’s going on what do I want to look at and obviously Thursday and Friday were two crazy days with CPI and PPI where we dumped and then we bounced and then dumped again on Friday but um it just kind of gives me guides on what’s going on like here’s a f minute sell signal at
Pretty much the top um so you know if we’re in the sell mode I’m probably not really looking to buy maybe I’m looking for a bounce to short and same thing with the the buy like we buy up you you we got a buy signal on the five I’m probably looking for Longs mostly um and not looking to short until I get some type of five minute you know the one minute’s great but the five really gives me the the real
Trend of that time period um you know you it’s hard to get faked out on the five because it usually provides more of a uh Direction you know right here you can see we got a a buy and then it came quick with with a sell so it will flip-flop but overall um it’s like I said it’s a guide and then it presents once I know what mode we’re in I can kind of find other things on the chart to trade
Off of but this is my setup um be sure to come live we we trade live every day on on YouTube definitely um join us you could see me do uh the trades live you can see me talk about the charting live and hopefully this kind of helps you guys out so hope to see you on the stream and if you have any questions about trading view or this setup just comment on the video
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