This content provides a detailed guide on how to configure and utilize a trading system, emphasizing the importance of specific settings, timeframes, and confluence for achieving optimal trading results, particularly for experienced traders.
Mind Map
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hey everybody I'm just going to do a
quick 10 minute video today to make sure
everybody is up to speed with where we
are with the system so it's going to be
very fast fit and Furious and I'm going
to make sure we're bringing everybody
along if you are a Trader or you've been
a swing Trader day trader scalper you
will know what this system does if you
are not a Trader it's a lot to digest
and a lot to ramp up on but if you have
the diligence you will find a way so
first thing is first thing you do is you
log out you hit sign out and you go boom
I'm going to cancel because I don't want
to lose my settings and then you log
back in again log out shut your browser
log back in I use Chrome on this with
dedicated machine second thing make sure
you're on the four hour okay this is the
four hour the whole system is optimized
around my way of trading which typically
in the past was four hour trading now
I'm doing a lot of scalping sometimes I
do on the one second on the one minute
which uh just for a little bit of sport
when I see the market opportunity I
spend an hour or so playing with the system
system second
second
once you have your four hour and you
find your Rhythm then you can start
drilling down into different settings
but what you're going to do
is with everyone we don't need these guys
guys
from yesterday's video
RSI so we go into the settings here make
sure every time that you have the dates
right here you see the date is wrong
and it should be this date January twenty
twenty
21. now the other thing to bear in mind
is your bias again you click bullish if
you believe you're at a floor Rock
Bottom for example if Tesla hits 650 I
flick this to bullish and I see all the
signals I want if I am at an all-time
top like a pie cycle top I flick to
bearish and then I get all the sell
signals I want but for where we are
we're going to stay neutral okay now I
like initial Capital say a hundred
thousand and if I'm playing with Bitcoin
it depends exactly what I'm doing
typically I trade two or three Bitcoins
at a time for scalping now lifo is 10 percent
percent
and I prefer that last in first half but
as you change this sometimes what you
can do is just move it to the side
change lifo to fifo and you'll see the
difference it makes
the last n is the first out and the
opposite is true remember my style
click click in once in a second time and
then out once or out a second time let's
look at the trend model here same thing
move it to the side okay and then play
with the different symbols around the
four hour signal Precision if I go to
offset that typically doesn't work well
for Bitcoin you can see the r win
percentage goes to minus 26 it goes to
26 that's no good I work precise same
thing with the tightness I'm going to
try tightness go to very loose again
not good 42 percent tight
tight
better 84 percent very tight
98 percent
okay same thing the date January 2021
lifo Etc version to make sure we get all
those out of the way saying make sure
your dates are consistent lifo
Etc and trading style is very aggressive
and I like noise suppression is zero
that works best for me and you can see
win rate 100
win rate on the trend 98 win rate on the
Confluence model 100 percent
if you have the patience and you play
the four hour time frame for example
let's just zoom in to this amount of
time here
that's that uh 140 days and you'd make
six or eight trades but they'd all be
very good trades provided you find
Confluence Confluence again you got to
make sure you get your buy flag you got
to make sure the trend is up and you got
to make sure you have confirmation down
here on the mean reversion and the more
the mean reversion is outside the green
or outside the red the better the odds
are in your favorites to jump in when
this is going back up not when these
dots or some people call them Christmas
tree lights when they're going down now
let's look at time frames
very quickly let's zoom out let's go to
sometimes you go for the one day chart
to get a good macro feel for where
things are going so for example for this
here I like to play a range where you're
at today so the way I find my range is I
look back here
and I go to this date 17th of December
2020 to today that is
584 days so 17th of December is very
close to January 1st if we pick another
asset like ethereum same type of deal I
want to go from here to here this will
take me to the 2nd of January if I take
another asset let's go Tesla so Tesla is
now trading here I would typically go
back to here which is 30th of December
we are trading here I would go back to
the 15th of April 2020. that is how I
choose my range in which to trade so
let's go back to bitcoin and see where
we are that is time frames that is your
four hour Etc and then you drill down
and sometimes as well when you're
playing make sure you pull in your
indicators make sure they are the
current version and you get that by
hitting this little box here it'll tell
you all the notes all the version make
sure you got the date release node
version two and we'll be up updating
these once a month or so maybe a little
bit less frequently all right now
now that we have that I also want you to
create your own watch lists I have many
watch lists Arc portfolios got all my
pairs I got you name it all in here but
let's just organize our watch list
and I like to look at the indexes which
are up here Dow Jones NASDAQ S P 500 and
the volatility index if you look at the
volatility index you can see here it's
been pretty stable and the reason
volatility is going down over time is
because Bots and algorithms are doing
all the trading then I got some stocks
Apple trade desk Netflix Amazon
microstrategy Tesla where's Google
Google should be there there it is
hiding in the wrong category
okay Google is in there and there's some
fear about Google today as well about
some anti-competitive thing with the
government but we'll see and then we've
got your
Futures and your oil and your
Commodities these are the Commodities is
probably a bad title again gold is just
terrible considering where it is so back
to bitcoin so we have the four hour
we have everything set up and now what
we can do is we can start looking for
signals and we can start looking for
signals across multiple assets so let's
look at the ratios here on the four hour
we've got the confluences 100 win rate
we have the
a trend model 98 win rate and the mean
97 win rate remember in trading it's all
about patience the way I did very well
over the last 30 years well the first
eight eight or ten it took me a while to
figure out how to be patient I wasn't
very patient and then I discovered if I
waited for outliers things like this and
this all these meaner version outliers
here that's when I can score best look
at this dip here good time to buy good
time to buy you scroll back in time just
wait for these outliers boom this one
was confirmed up here that is when you
do it same thing for the oversold stuff
in fact yesterday I shared Pi cycle
tops and bottoms
this was very interesting because when
we go to the weekly the correspondence
maybe the daily hang on a second I just
want to share this with you guys I
thought this was super interesting um
um
when you have Pi cycle tops anyway pie
cycle bottom corresponds here Pi cycle
top corresponds here
uh I thought that was fascinating yesterday
yesterday
uh Pi cycle bottom corresponds here Pi
cycle top corresponds here and here so
you can see that even the mean reversion
model picks up the pi cycle tops very
clearly anyway sorry for that
distraction but that was super super
interesting to watch okay back to our
four hour
now what we're going to do is we're
going to find our signals we can look at
many different assets find your Rhythm
now we can see that these things kind of
work but you got to be patient so again
make sure you have this Buy Signal here
you make sure it's confirmed but what
we're going to notice here is we do not
get the trend flipping so we got the buy
here we got the confirmation here we
like this to be going up let me draw a
little line to make sure you guys see
what I mean
we like these dots to be going up before
we buy this is where we enter but we
need the trend to flip so we have this
but the trend is still going down on the
four hour still going down you do not
buy till this level 18 626 that's when
we buy Bitcoin now let's zoom in this is
kind of the key let's play with the one hour
hour
I think just for giggles and here when
we compare this to the four hour
you get the four I think we had 90 98
and 100
. this one we have
79 98 and 94.
so it's gone down it looks like for this
particular chart the one hour is not
working as well let's go now to the one
minute chart and I've found that the one
minute actually has been working very
well for Bitcoin lately here we've gone
back up again 88 70.
70.
so the other thing I want to make sure
you all have here is to
store your settings by your asset find
out what works for you for example
Bitcoin all of your different settings
and of course this template is designed
for you to enter what you like and
things like gold again you can go back
for a very long time frames I showed you
earlier how to set those time frames so
so
choose your targets
find your Confluence use this to help
give you an edge help find an opportunity
opportunity
and then treated based on the Range it
has now make sure as well you got
confidence in all three sometimes the
buy flag hits first
sometimes mean reversion hits first
but always the final step you do is
always watch the trend so critical the
trend literally is your friend don't
fight the trend here's a bye fly here's
a buy flag but the trend is going down
you don't get in till here
sometimes you gotta wait a few hours
before that happens okay very important
and don't trade too much
wait for the max juice wait for the
perfect confluence
and look oh is it about 20 assets
it can be crypto stocks whatever you like
like
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