Nova Volume Trading System

The thing is nova as it is has been working perfectly for me for a long while so any updates is to the benefits of new users.

Sometimes you don't have to change something that works for you but I understand that it may not work for others which is why I am updating but I cant just release anything I dont believe in. What I have in mind is to make sure nova is the ONLY indicator you need and if you need to know anything about trading... it is volume.

I totally understand and agree. What ain't broke don't fix! My post was not at ALL bashing or implying that your indicator doesn't work. Honestly I've only tested it through bar replays and so far I really enjoy it.
Excited for your next update. If you ever need a guinea pig in the field for these things lemme know!

I'm thrilled to hear you already had that idea in the works. I've accomplished it with multiple indicators to an extent. One showing buy pressure and one showing sell pressure. But it just wasn't working the way I wanted to see it in my head. That picture you posted perfectly encapsulated what goes through my head when thinking of that volume indicator.
Thanks for your hard work! It's truly appreciated to those of us who haven't figured out how to code yet.

I don't know what I'm talking about here just so you know, but if your having trouble with the indicator switching from forex ticks to futures data, couldn't you have a setting in there that simply switches it manually per user? I do see the allure of it doing that automatically though

No no I didn't think you were bashing at all, what I mean is that I have been promising the update for a while but personal things have kept me from it but I don't owe anyone to have to force myself as this is all for free. But what I think will be better is to update gradually so that users can benefit from the positive changes made.

To be honest, the indicator is a shell of what it was and it took a long time for me to get it to how it is now... was pure perfecting small changes I needed personally so I don't mind modifying it for others to use as I just wanted to give back anyway. It's all one big journey.

I'm not uber rich or anything, I literally just replaced trading with my job so I have just been crusing really but that is what many would love to be able to do so that is why I am helping.

The way I coded it was to use the data feed first but some brokers data feeds on tradingview are different so it has been a bit weird to code properly for every situation. So anything centralised will be the true data feed showing on nova but when it comes to brokers, it's based on tick data and then you have to rely on which broker has the best liquidity pool. I hate having to use tick data though but I understand the market now and can trade without nova anyway.

For an exercise, open different charts using nova and you'll sometimes see there is no data showing in nova. That is because the broker hasn't shared the data which proves nova is calculating what they feed. BUT... some brokers have low liquidity so the nova volume on 1 broker will be different to another which is why I use IC to a my main broker as their liquidity is the best.

If you look at gold futures you'll see how different it is with the real full centralised volume.

Anyways I'll quit boring you but yes I'll drop an update tomorrow for what I know works... it'll show automatically if you're using the indicator anyways but the main big update I think I'll trickle it so that I am happy with it.

Hope you and everyone else is having a good sunday and ready for tomorrow!

Still need to reply to people too so ill try and get back to every message I havent replied to. I had like 15 dms and even that took ages LOL

Love how you can come back to the charts every day and find a quick easy entry with nova.

2 more M1 wins

Those are awesome!
Curious as to somehow pick your brains thought process on why you didnt take some of the other signals from before those trades?
Thats where my struggle is. I want to take every signal. Having the genious of heinsight after the fact doesnt help.

Same here. I'd been trading with Nova only when the trend was very clear, taking trades in the direction of the trend and waiting for the second bar after the volume signal appeared. I got stopped out on some occasions and decided to wait for the new update, as my entries weren't playing out properly.

Because the charts hes posting are in hindsight.

Unfortunately, as with any other indicator based signal, sometimes it works and sometimes it doesnt.

Yes it's hindsight but its experience that allows you to enter trades.

I explained at the beginning that the best entry is when the moving averages flip and you have the first pullback... how hard is that to follow?

Why did this work?

Because the moving averaged flipped and its the first pull back

It's not hard

Again.. why does this work?

Because the moving averages flipped and its the first pull back lol

Again, why did this work?

Because the moving average flipped and it was the first pullback lol

This is all from today

Over time with experience you wont lose once you have a 'feel' for the market.

And another from just before

And again lol

I can go all day

Moving average flip, pullback. Got it. Not sure how I missed that from the intro of the thread

I've tried trading the flip and first pullback on demo for the last two months on gold 1min timeframe but overall I am yielding negative rr. Is there something extra that can be added to shift into positive rr?

I've mentioned it in the thread as my bread and butter entry

You need to backtest it as with anything... Once you backtest you'll get confidence. I'm not sure what is making people lose money.

This is all I've ever done really

With some of the examples above especially the short, if you go back up to the higher timeframe such as the 15min Nova would be in no trade zone. Is there a way to trade the flip even though the HTF is not supportive?

I was considering this type of entry for my trading setups but unfortunately got stopped out on them frequently.

Per Xkwisit's advice, starting tomorrow, I'll trade only MA flips until the major update is available.