YouTube2Text

This New Charting Platform Will Change Everything... — Transcript

by LuxAlgo · 416 words · 59 segments · language en · Watch on YouTube

Full transcript

  1. 0:00Mark up the current market structure on
  2. 0:01my chart, take a look at it, and then
  3. 0:04give me a trade idea that may be good.
  4. 0:11Bro.
  5. 0:15What just happened? It just drew
  6. 0:18everything. Use the take profit and stop
  7. 0:20loss tool and put it where you think
  8. 0:21would be the best entry point.
  9. 0:26Dude, what? Oh my gosh. It even place
  10. 0:30where it thinks the entry should be. It
  11. 0:32even place it off that bearish FVG. What
  12. 0:34is happening? This is insane This is
  13. 0:36insanity. LuxAlgo on Vela charts just
  14. 0:39gave permission to quant to be able to
  15. 0:41draw on your chart. This is by far the
  16. 0:42craziest innovation that I've seen with
  17. 0:44charting. I'm talking all of these
  18. 0:46things are just things I can adjust.
  19. 0:48It's not even an indicator, and you saw
  20. 0:49how fast and I didn't speed up that
  21. 0:51process. It just drew it really fast
  22. 0:53because drawing's much faster than
  23. 0:55developing an indicator. I mean, it's
  24. 0:56got SSL sweeps, break of structure,
  25. 0:59FVGs, and has what looks like a fib
  26. 1:01retracement here at the 0.7 from range
  27. 1:04low to range high. This is opening up
  28. 1:06such a massive portal for users that are
  29. 1:08just learning how to trade. Now, instead
  30. 1:10of winging it, you can get a really
  31. 1:12in-depth insight with drawing on the
  32. 1:14chart. Give me a broader trade idea and
  33. 1:17explain to me on the chart why you think
  34. 1:20that is a good entry point with the stop
  35. 1:23loss and take profit.
  36. 1:27Oh my It's literally get teaching me.
  37. 1:30It's teaching me everything. The stop is
  38. 1:32going to be above the upper FVG. Holding
  39. 1:34above undermines the short thesis entry
  40. 1:37bearish FVG, and this is the higher FVG
  41. 1:39that it like. And so, this is more of a
  42. 1:41bigger risk to reward, which I like a
  43. 1:43lot more, especially on a 1-hour chart.
  44. 1:45Technical analysis and charting is
  45. 1:47literally changing forever. And one
  46. 1:48thing to think about is once it can
  47. 1:50fully understand your personal risk
  48. 1:52preferences, [music] maybe what prop
  49. 1:53firm count you're trading or your live
  50. 1:55account you're trading, it can then give
  51. 1:57you that guidance to never make an
  52. 1:59emotional trade or properly risk all
  53. 2:01your trades every single time your
  54. 2:03personal setup or a recommended setup is
  55. 2:05in play. I don't know what else to say.
  56. 2:07This is starting to get absolutely
  57. 2:08amazing. But if you want to try this out
  58. 2:10for completely free, just DM us the word
  59. 2:12"Vela" and I'll send you a link.

About this transcript

This page contains the full transcript of This New Charting Platform Will Change Everything... by LuxAlgo, generated from the public captions YouTube serves with the video. The transcript has 416 words across 59 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.