I will share this in a later reply in more detail but essentially what I am doing is using the fixed volume profile in trading view and marking the last 4 or 5 previous weeks and then marking a horizontal line on every value area high, value area ...

Nova Volume Trading System

When price has been above the 50 EMA for a while, you want to wait for a bigger pullback into the moving averages before jumping into a trade. Price tends to "recharge" between the 50 and 100 EMAs before continuing its move. If the EMAs have already ...

Nova Volume Trading System

Check this out, Perfect horizontal lines and they were all there before price Without EMA's image With EMA's image

Nova Volume Trading System

Great stuff mate! you'll fall in love with nova over time once you gain confidence. I would advise to fund an account with just say £10/$10 and trade the lowest size i.e 0.01 lot You will only ever gain confidence trading for real as the mindset ...

Nova Volume Trading System

You gained a 1 to 3R trade or you mean you lost 1 out of 3? If you gained then that's great but looking over your entries... do a little backtesting to enter at the open of the 3rd histogram bar in the direction the background colour is telling you. ...

Nova Volume Trading System

Hey guys, hope you did well today and banked some pips! Nova performance today has been great and today has currently offered up to 15R and a possible extra 6R still open. I tend to get on around 11am GMT time so that's pretty much when I start ...

Nova Volume Trading System

During CME hours I would primarily focus on GC for how its moving and the volume shown. But you will also need to also look at what IC is doing too as that is more the retail side of things. You'll notice a lot when backtesting that there are many ...

Nova Volume Trading System

Hmm I've been having a think and on my last reply post something seems rather odd. People believe they are being stop hunted by institutional money but yet on the chart I posted you can clearly see that the retail broker had the lower low. If ...

Nova Volume Trading System

Yes to a degree, you want to have both at your disposal to monitor what smart money is doing and what retail is doing. Retail entries will be easier to enter as you are seeing the lower volume as things ramp up which is in line with my 3rd histo bar ...

Nova Volume Trading System

Just found it. Right click on the far right of the nova indicator where the values are and you can set it to auto scale. This helps when jumping from 1 timeframe to another but you still have to scale in to see the smaller bars if there is much ...

Nova Volume Trading System

Just took this on gold Quick 2:1

Nova Volume Trading System

Looking at that where you have marked has the strong volume bars so when price returns to that area you could get a low risk entry. It would typically be an order block in the ICT world but just go to keep the overall trend direction in mind. So if ...

Nova Volume Trading System

IC Markets data is fine mostly, it certainly has been good for me. But I do believe having the CME data will give you an edge over retail simply because it is the institutional data feed. In my previous post I mentioned that the data is huge from ...

Nova Volume Trading System

Yeah the CME feeds the futures data into the other banks and brokers that have their own liquidity pools. So with IC Markets they get their actual data from a bunch of different pools but they all come from the CME initially. I don't think I will ...

Nova Volume Trading System

For those wanting real-time data, it's an addon to the TV subscription. image

Nova Volume Trading System

It was extremely surprising considering I already knew GC is the best data but comparing the 2... it's crazy as you will definitely remove many losses. I've just been too comfortable with my current profitability, but this will change a lot... ...

Nova Volume Trading System

STUDY THIS CAREFULLY! When it comes to volume here is the best thing you will see today, week, month or even year! On the left we have XAUUSD (IC Markets) & on the right is GC Futures both M1 chart Nova as it is works very profitably with this IC ...

Nova Volume Trading System

Not much news today so it could possibly range but bear that in mind. I will be taking trades around London/NY crossover.

Nova Volume Trading System

Hi Dot, what I would do is wait for the higher timeframe signal line to cross the 0 level direction of the trend. Then I would go to my lower timeframe and follow the nova signals. As long as you can see clear market structure then you can have more ...

Nova Volume Trading System

Hi Miron, I use a raw spread account with IC - it's just overall the best way to trade even with the comms. Spread can kill the entries with Nova on some instruments. Love to see people catching these great trades Nova provides, however just ...

Nova Volume Trading System