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Nova Volume Trading System

  • #1,021
  • Mar 20, 2025 11:42am Mar 20, 2025 11:42am
Quoting xkwisit2001
{quote} Market structure is dead easy but the hard part is using multiple TFs to do so. I.e you need to know where you are everywhere. For example, if daily is due a pullback in an uptrend then there can be confusion between trend on the lower timeframes because they dont align. That is why its easier to trade the H1 because because you dont have too much to focus on in regards to smaller structure within the higher tf structure.
If we are using the 15min Nova signal before dialing down to the 1min do all the same rules for entry hold. For example today once NY opened there have been a couple of long signals on gold using NOVA (ie two bullish histograms and signal line pointing upwards plus above zero) on the 15 min chart but the emas have been declining and the candles haven't been able to climb above all 3 - so avoid dialing down and trading?
  • #1,022
  • Mar 20, 2025 11:48am Mar 20, 2025 11:48am
If using the 15m it is good to see the background colour change in the direction of the trend.

I use 5M alot and as soon as it gives a signal I will then take further signals on the M1 making sure the signal line is supporting the direction too.
You can lead a horse to water, but you can't make it drink
  • #1,023
  • Mar 20, 2025 12:01pm Mar 20, 2025 12:01pm
For example,

M15 is moving up here and background has turned bullish (grey/white).

You want to mark the cross with a horizontal line.

Attached Image (click to enlarge)
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Then move down to the M1 and take the signals in the direction of the M15.

However, not every single signal is going to work out so the aim is to do this daily and grow the account 1 or 2 trades at a time.

It is always best when the signal line (yellow) is starting to cross the zero level.

The first trade I may not have taken personal but the 2nd trade I definitely would.

3rd trade you can see the volume lowering so I'd have looked to break even really but it could also have been a loss.

Attached Image (click to enlarge)
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You can lead a horse to water, but you can't make it drink
  • #1,024
  • Mar 20, 2025 12:10pm Mar 20, 2025 12:10pm
Quoting xkwisit2001
If using the 15m it is good to see the background colour change in the direction of the trend. I use 5M alot and as soon as it gives a signal I will then take further signals on the M1 making sure the signal line is supporting the direction too.
Unless I'm mistaken if I followed that way today of waiting for the 5min signal and then dialed down to the 1min I would be in loss today from the NY open. I dont mean that as a way to say the indicator doesn't work, I'm just frustrated with myself because I feel I'm missing something.
  • #1,025
  • Mar 20, 2025 1:37pm Mar 20, 2025 1:37pm
Quoting mr.AH
{quote} Unless I'm mistaken if I followed that way today of waiting for the 5min signal and then dialed down to the 1min I would be in loss today from the NY open. I dont mean that as a way to say the indicator doesn't work, I'm just frustrated with myself because I feel I'm missing something.
Today is meaningless. Tomorrow is meaningless. Yesterday is meaningless.
One bad day, or two bad days, or three bad days is terrible...
But let's say you used this for a month and every other of those days were green days. Then those 3 days in a row of bad days would have been meaningless.
If that makes sense... I guess I'm just trying to say it's about the big picture. How it works over time.. and I've noticed when I'm new to ANY STRATEGY, it feels like I don't fully grasp it till I do. You can give every trader the same strategy and everyone will get different results.

If you like this strategy, stick with it, give it a month, journal your trades. If you can take screenshots of every trade taken. Analyze at the end of the day and at the end of the week.
Sounds like a lot, and it is a lot... But this shit ain't easy. Gotta put in that work. Once you start journaling and seeing what's working and what is t, you can start to eliminate some of those losses. Then you start to trust the strategy, then the psychology doesn't affect you so well when you lose a few trades in a row cause you know your bound to hit 4 trades in a row and be in profit.
Don't rush it. Once you figure it out you will have it for life.
Trying to learn how to learn how to teach a robot how to learn
  • #1,026
  • Mar 20, 2025 2:12pm Mar 20, 2025 2:12pm
Quoting mr.AH
{quote} Unless I'm mistaken if I followed that way today of waiting for the 5min signal and then dialed down to the 1min I would be in loss today from the NY open. I dont mean that as a way to say the indicator doesn't work, I'm just frustrated with myself because I feel I'm missing something.
Gold hasn't been good today, but this has to be expected.

This is what a bread and butter 1 entry per day would look like. Was in the last half an hour.

You ideally want to see a strong push into 1 direction and for price to pull back, learn this before doing anything else really as you need experience with nova to be able to thrive.

There is a trade some people would still enter after the one I've show but I wouldn't enter it because it didnt break the previous high in the move that managed to get the 2:1 and the signal line was above the zero level and would be more ideal to be below the zero level and heading up.

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You can lead a horse to water, but you can't make it drink
  • #1,027
  • Mar 21, 2025 1:21pm Mar 21, 2025 1:21pm
Quoting xkwisit2001
{quote} Gold hasn't been good today, but this has to be expected. This is what a bread and butter 1 entry per day would look like. Was in the last half an hour. You ideally want to see a strong push into 1 direction and for price to pull back, learn this before doing anything else really as you need experience with nova to be able to thrive. There is a trade some people would still enter after the one I've show but I wouldn't enter it because it didnt break the previous high in the move that managed to get the 2:1 and the signal line was above the...
I've been having some issues using the 1min tf to implement this strategy (had some losses, maybe because of my entries as well)... even with the 15min tf. I just feel that with lower tf it's so easy to being caught in manipulation or news. Any recommendations? (For example not trading in main hours of the day or something like this?). I will be trying again with close attention to the rules.
  • #1,028
  • Mar 21, 2025 1:29pm Mar 21, 2025 1:29pm
Quoting waynecandles
{quote} I've been having some issues using the 1min tf to implement this strategy (had some losses, maybe because of my entries as well)... even with the 15min tf. I just feel that with lower tf it's so easy to being caught in manipulation or news. Any recommendations? (For example not trading in main hours of the day or something like this?). I will be trying again with close attention to the rules.
Do you check the calendar for red folder news? Just steer clear of market at those times. Very volitile moves. If you try trading the 15, wait for a signal on the 15min, then after you get your signal go down to the 1 minute chart and wait for the move in your direction. Gives you a better chance depending on how tight your stops are. I've been trading the 30min chart. With each time frame higher your patience needs to be higher. Sometimes you gotta let the trades play out. Pretty much every trade at some point I'm down a little bit for a while. Gotta let the market breathr and be patient.
Trying to learn how to learn how to teach a robot how to learn
  • #1,029
  • Mar 21, 2025 2:37pm Mar 21, 2025 2:37pm
Quoting xkwisit2001
{quote} Looks like a macd type of indicator
It's called TDI. Helps with momentum.
  • #1,030
  • Mar 21, 2025 2:50pm Mar 21, 2025 2:50pm
Quoting waynecandles
{quote} It's called TDI. Helps with momentum.
Oh yes I know TDI lol, just not the TV version
You can lead a horse to water, but you can't make it drink
  • #1,031
  • Mar 21, 2025 2:54pm Mar 21, 2025 2:54pm
Quoting waynecandles
{quote} I've been having some issues using the 1min tf to implement this strategy (had some losses, maybe because of my entries as well)... even with the 15min tf. I just feel that with lower tf it's so easy to being caught in manipulation or news. Any recommendations? (For example not trading in main hours of the day or something like this?). I will be trying again with close attention to the rules.
I like to trade the london session but after 9am GMT not 8. Then will trade after 2pm GMT.

Nova works best when the market shows its hand, I like to see a high or low broken and wait to see what the moving averages are doing.

For me, the absolute best entries occur when the HTF has been in a pullback and is turning around. Hammering those periods on the M1 work a treat.

Over time you get a feel for where price is going to do and you can then start taking 5:1s or higher which massively help with any losses during the learning phase.

That is why I would say to take 1 or 2 entries per day but with an optimum entry (EMA flip - first pullback touches the ema - nova signal) which is usually a quick 2:1 to build your account.

I don't like being on charts all day but I know those with small accounts will want to trade all day and then take losses during the times they should have stayed out.

I also stay away from red folder news period.

Literally something like this (this was EU)
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You can lead a horse to water, but you can't make it drink
  • #1,032
  • Mar 21, 2025 4:30pm Mar 21, 2025 4:30pm
I had one and done! This is a easy setup for me today that I can see and I am going to look for those ones that you posted today with the big BOS and pullback. I saw it happen about 3pm New York time today 2 hours before close but I usually stop trading at noon New York time. I think my biggest challenge would be if Gold is trending overnight for 7-8 hours and the New York session starts. Is it better to see or wait a hour or 2 for a reversal? I think that's where i get chopped up the most!
Thank you again for the wonderful indicator my confidence has grown so much the last month or 2..
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  • #1,033
  • Mar 21, 2025 5:18pm Mar 21, 2025 5:18pm
Quoting steph69416
I had one and done! This is a easy setup for me today that I can see and I am going to look for those ones that you posted today with the big BOS and pullback. I saw it happen about 3pm New York time today 2 hours before close but I usually stop trading at noon New York time. I think my biggest challenge would be if Gold is trending overnight for 7-8 hours and the New York session starts. Is it better to see or wait a hour or 2 for a reversal? I think that's where i get chopped up the most! Thank you again for the wonderful indicator my confidence...
Great entry!

I love that the indicator is working for you. I hate calling it that because it is literally a roadmap/confluence and does something much different than the common lagging ones BUT... yes what you are doing is right.

Just focus on the 1 main setup initially. With trading its screen time over anything else so this is just to aid you. I dont even need to use nova generally but its what helped me work out when the best entries are without being a sniper.

I don't like to trade the first hour of any session open and I like to see the market show its hand before I start entering anything so for me I prefer entering anything after 9am gmt time or 2pm gmt time but of course waiting for a setup.

Higher timeframe is key though, If I see the HTF is already extended then I will either not trade till the pullback occurs or I'll wait for a quick little counter trend trade for the pullback on the M1.

Once you can make say... 500 on 1 single trade then it's easy to be selective... I'm extremely protective of my capital no matter the amount but I wont let emotions enter me into dead trades which what is hard to teach. You're on the right track anyway... just find the 1 setup you like and hammer it even if its 3 times a week on M1! lol

2:1 will always make you profitable with the knowledge and experence of nova but after you get past the learning phase you'll be hitting 5:1 and not caring about the losses as you know another 5:1 is around the corner with nova.

Gold is best after the US session shows its hand. Often times, gold will trend to take liquidity and then will trend after which is why its vital to understand the instrument you are trading and what times it works because I cant provide that for everyone living in different timezones.

Glad its helping you... please keep posting here just to help those who haven't given it a real go.
You can lead a horse to water, but you can't make it drink
  • #1,034
  • Mar 21, 2025 6:19pm Mar 21, 2025 6:19pm
Quoting xkwisit2001
If using the 15m it is good to see the background colour change in the direction of the trend. I use 5M alot and as soon as it gives a signal I will then take further signals on the M1 making sure the signal line is supporting the direction too.
Can you make the indicator with MTF capability in TradingView?
I think it might be quite easy if TV built-in 'timeframe' option applied^^
  • #1,035
  • Mar 21, 2025 9:29pm Mar 21, 2025 9:29pm
Quoting doldante
{quote} Can you make the indicator with MTF capability in TradingView? I think it might be quite easy if TV built-in 'timeframe' option applied^^
You just have to switch the timeframe
You can lead a horse to water, but you can't make it drink
  • #1,036
  • Edited 7:45am Mar 22, 2025 4:08am | Edited 7:45am
Quoting xkwisit2001
{quote} You just have to switch the timeframe
As I want to see the 15M NVI in one 1M timeframe chart^^
My idea is to load 2 NVIs, one for higher timeframe NVI and another one for current timeframe.
  • #1,037
  • Mar 22, 2025 8:00am Mar 22, 2025 8:00am
Quoting doldante
{quote} As I want to see the 15M NVI in one 1M timeframe chart^^ My idea is to load 2 NVIs, one for higher timeframe NVI and another one for current timeframe.
I have tried to do it but it will becomes very confusing because it won't show volume properly.

I.e if you put a H1 nvi on the M1 then the bars will be huge.

I'm adding some additional alerts to it today though so you can be alerted when the background colour changes. That way you will know when the 15m is starting to move in advance.
You can lead a horse to water, but you can't make it drink
  • #1,038
  • Mar 22, 2025 4:26pm Mar 22, 2025 4:26pm
Quoting xkwisit2001
{quote} I have tried to do it but it will becomes very confusing because it won't show volume properly. I.e if you put a H1 nvi on the M1 then the bars will be huge. I'm adding some additional alerts to it today though so you can be alerted when the background colour changes. That way you will know when the 15m is starting to move in advance.
Thanks for trying my idea. I think that one of the effective strategies is to judge the market bias as bearish when the NVI signal line is below the 0 line and the background color is red on the 15-minute chart, and trade according to the Nova signal on the 1-minute chart.

As you can see in the screenshot of mine, unchecking the 'Wait for timeframe closes' option makes indicator more visible I think ^^
Can you make the 'timeframe' option usable just for me please?
Attached Image (click to enlarge)
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  • #1,039
  • Mar 24, 2025 10:51am Mar 24, 2025 10:51am
Quoting xkwisit2001
{quote} I like to trade the london session but after 9am GMT not 8. Then will trade after 2pm GMT. Nova works best when the market shows its hand, I like to see a high or low broken and wait to see what the moving averages are doing. For me, the absolute best entries occur when the HTF has been in a pullback and is turning around. Hammering those periods on the M1 work a treat. Over time you get a feel for where price is going to do and you can then start taking 5:1s or higher which massively help with any losses during the learning phase. That...
Appreciate your answer!
  • #1,040
  • Mar 31, 2025 8:30am Mar 31, 2025 8:30am
Quoting waynecandles
Hey @xkwisit2001 any advices to avoid being caught in these traps? {image}
That's not a trap. You are also on something I called few times "50% of Price". More noticable that you're on H1 TF and bullish.
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