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