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Stupid Simple Session Sweep Strategy — Transcript

by LuxAlgo · 638 words · 89 segments · language en · Watch on YouTube

Full transcript

  1. 0:00Are you looking [music] for a repeatable
  2. 0:01intraday setup you can use every single
  3. 0:03day? Watch this post. The market has
  4. 0:05three major sessions, Asia, London, and
  5. 0:08New [music] York. Liquidity is often
  6. 0:10resting above their highs and below
  7. 0:11their lows, which is why these areas are
  8. 0:13so important to watch.
  9. 0:15>> [music]
  10. 0:15>> Dow Jones, June 18th. Asia low swept.
  11. 0:19We have a shift. [music] Place your
  12. 0:20order at the OTE level and target the
  13. 0:22buy side.
  14. 0:23>> All right.
  15. 0:24>> Asia high swept. We have a shift. Place
  16. 0:27your order at the OTE levels [music] and
  17. 0:30target the sell side.
  18. 0:31>> Why is it 618 there and 786 here? Guess
  19. 0:35the risk reward maybe. That'd be too
  20. 0:37tight of risk. Or I don't who knows.
  21. 0:39Okay, we had a retracement entries here
  22. 0:40than IFEG entry here. You can notice if
  23. 0:42we were to get this market structure
  24. 0:44shift, it wouldn't have been able to hit
  25. 0:46a retracement cuz it just ran. I do like
  26. 0:48the retracement entry more than the IFEG
  27. 0:49because of the risk reward is a lot
  28. 0:51better. So, let's test it. Okay, we have
  29. 0:53our indicator built with those sessions
  30. 0:55plotted in the highs and lows. Only time
  31. 0:57a signal forms is when it takes out a
  32. 1:00higher low and then it shifts. But, what
  33. 1:02I did notice is that that 618
  34. 1:04retracement doesn't technically matter.
  35. 1:05These market shifts have actually been
  36. 1:07better signals than waiting for a
  37. 1:09retrace of the 618. As you can see here,
  38. 1:11runs right back through the low. On this
  39. 1:13one as well, it shifts, runs right back
  40. 1:15through the low. A New York one here
  41. 1:17takes the low, runs right back through
  42. 1:18the high, never touches the 618. All
  43. 1:20right, so I told Quant to remove the
  44. 1:21618. You can see it's gone now. Now, we
  45. 1:23just get a signal when the market
  46. 1:24structure shift happened. Now, I asked
  47. 1:26Quant to add take profit and stop loss
  48. 1:28levels based on what he said. And all we
  49. 1:30have to do now is just click back test.
  50. 1:32Now, within Quant, this is going to take
  51. 1:34everything from this strategy and back
  52. 1:35test it on real data to tell us if it's
  53. 1:37profitable or not. Okay, wow. Dow Jones
  54. 1:40is actually really good on this
  55. 1:41strategy. 65% recently with a two profit
  56. 1:44factor, $1,200 net profit, and only a
  57. 1:47$500 drawdown. We can also test this on
  58. 1:49other timeframes and other assets. Let's
  59. 1:51just go to the NQ as well and see how it
  60. 1:53did. Ooh, so don't want to trade on the
  61. 1:55NQ. 45% win rate there. Let's try Let's
  62. 1:58try XAU. Wow, XAU recently has had a 70%
  63. 2:02win rate and over three profit factor.
  64. 2:04Incredible London short there. Nice
  65. 2:06London long. So, now we know that gold
  66. 2:09and the Dow Jones on the 5-minute is
  67. 2:11best for this strategy. Another thing I
  68. 2:13can do to make sure we have optimal
  69. 2:14settings, I can adjust the overall
  70. 2:16settings of how the indicator entries
  71. 2:18form. You see the optimal setup. So, you
  72. 2:20can see here, just adjusting those, we
  73. 2:22went up to a 77% win rate. Let's see
  74. 2:24what that looks like on the Dow Jones.
  75. 2:25Wow, for the Dow, that went up to a 68%
  76. 2:27win rate. So, now LuxAlgo Quant can
  77. 2:29build any concept you want and backtest
  78. 2:31it within the same platform, which can
  79. 2:33easily help you discover the best
  80. 2:34settings and strategies to use. And over
  81. 2:37the next couple months, LuxAlgo Quant's
  82. 2:38just going to get 10 times better.
  83. 2:40There's going to be more data to
  84. 2:40backtest and some crazy new features
  85. 2:43coming out. But, if you want the source
  86. 2:44code to this session strategy completely
  87. 2:46free, I'll actually send you the link to
  88. 2:48this chat. Just comment "YM" and I'll
  89. 2:51send it to you.

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