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This NEW Session Indicator Is Game Changing — Transcript

by LuxAlgo · 547 words · 77 segments · language en · Watch on YouTube

Full transcript

  1. 0:00I built an indicator to show you exactly
  2. 0:01when you should be trading. It will tell
  3. 0:03you what days of the month has the most
  4. 0:04volatility, what months have the most
  5. 0:06volatility, what sessions you should be
  6. 0:08trading, and exactly where the most
  7. 0:09volume is. I was able to build this
  8. 0:11indicator by using Quant by Lux Algo.
  9. 0:13This is the one tool that you need to
  10. 0:15build any form of trading strategy or
  11. 0:16indicator. Algo's model outperforms
  12. 0:18Claude, ChatGPT, any model you can think
  13. 0:21of. It completely dominates. It's the
  14. 0:23one model that's specifically trained
  15. 0:25for building trading tools. Now,
  16. 0:26regardless of the asset you're viewing,
  17. 0:28this indicator will look at all of the
  18. 0:30past month, and it will look at what
  19. 0:31days historically have had the most
  20. 0:34volatility, on which days has price
  21. 0:36moved the most. And as you can see right
  22. 0:38here, we have on the 3rd and the 7th and
  23. 0:41also on the 23rd, we've had a lot of
  24. 0:43volatility, and we can compare that to
  25. 0:45say the 5th. So, as you can see during
  26. 0:47this period, this was the 5th. You can
  27. 0:49see that the price kind of ranged for
  28. 0:50this entire period. And then for the
  29. 0:5223rd going into the 24th, you can see
  30. 0:54that we have these massive moves right
  31. 0:56here, which lines up with what we're
  32. 0:57seeing on the dashboard. And you'll
  33. 0:58notice that there's these highlighted
  34. 1:00areas. So, this is the start of the
  35. 1:01London session. This is the start of the
  36. 1:03New York session. This overlap right
  37. 1:06here is exactly where the London and New
  38. 1:08York overlaps, and this is where you
  39. 1:09have the most volume. This is where you
  40. 1:11want to be to get the most profitable
  41. 1:13trades. Now, this is already a lot of
  42. 1:14options, but I knew it wasn't enough. I
  43. 1:16had [music] Quant add two more options
  44. 1:17that really took this indicator to the
  45. 1:19next level. What it will do is that it
  46. 1:21will look at the previous London and New
  47. 1:23York sessions, and it will plot the
  48. 1:24[music] volume profile for those
  49. 1:26sessions. This way, when you go into
  50. 1:28your new sessions, you'll have those
  51. 1:30high volume nodes highlighted on your
  52. 1:31chart, and you can prepare for price to
  53. 1:33be pulled [music] into these areas and
  54. 1:35pushed away from them. For example,
  55. 1:37right here, this is the previous
  56. 1:38session's volume profile. You can see
  57. 1:39that the London session has started. We
  58. 1:41want to wait for the London and New York
  59. 1:43overlap. As you can see, the London
  60. 1:45session begins right here. We also have
  61. 1:47this high volume node right here.
  62. 1:48Theory, what you'd want to do in
  63. 1:50conjunction with your analysis is that
  64. 1:52you'd look for price to reject or push
  65. 1:54through these areas on retest.
  66. 1:56>> [music]
  67. 2:00>> The other option that I added is that if
  68. 2:01you do go into the settings and you
  69. 2:03scroll down, you should see an option to
  70. 2:04show volume bubbles with a sensitivity
  71. 2:06control. If you enable that, you'll then
  72. 2:08be able to scroll through your chart and
  73. 2:10you'll be able to see exactly where you
  74. 2:12had unusual spikes in volume on the
  75. 2:14chart. Now, if you want access to this
  76. 2:16indicator, go ahead and comment the word
  77. 2:17session and I'll send you a link.

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