YungTrader's Ultimate Indicator

[YungTraderFromMontana]

@Juston410 90 percent of the support and resistance lines are made using the timeframe your on. If you add any on timeframes higher then your it will add a few s/r. change it to 4 hours

 

[nhp]

How do I adjust for 1min time frame, I day trade on 1min & 5min...is there a way to PM you?

 

[YungTraderFromMontana]

How do I adjust for 1min time frame, I day trade on 1min & 5min...is there a way to PM you?

Heres for 1min https://tos.mx/8jEjlmI

 

[Juston410]

90 percent of the support and resistance lines are made using the timeframe your on. If you add any on timeframes higher then your it will add a few s/r.

Ok Awesome thanks! Just wanted to double check if i should change any of that to improve the indicator. Thanks again!

 

[television]

@Thomas Absolutely, i can confirm. most trades come long before the breakout (on their way to test the key level [sup or res]) ex: amzn. thats were i personally found that volume increases along with atr

 

[Thomas]

Yung,....you have a good thing BUT,.....fine tune this indicator and repost it, the scan, etc from the beginning.....I like the graphics, cannot use the arrows/signals, too late on bigger moves, meaning you are leaving money on the table. Use my scan,...weeds out crap, will show you the best of the best, but, please respond to folks with an explanation, because honestly, generally, explanations of "How," are pretty rare......thanks for your effort.

 

[Thomas]

anyone receive any signal for tomorrow?

Regarding signal,...this scan populates the "day of" I've noticed......try to react to first posts of the populating scan.....I am not finished and weekend will play more to understand...Honestly my mind "older than Yung's, 69 yrs of trading," is completely confused by the three scans and two or three charts, and will abandon all until process is explained thoroughly with all. This looked promising, I will have to drop back on tried and true,.....price action combined with "Hi_Low,"

 

[Thomas]

https://imgur.com/a/74ycr21

Wen,....mind sharing the chart, but not understanding the "white," comment......

 

[wen]

white n yellow arrow from this indicatior. green n red from Reversal7
https://tos.mx/LwmZdc1

 

[Thomas]

I will call the grid, "WEN." Thank you.

 

[akykn]

I am scaning SP500 with 3 diff settings. Monday Ive received 6 signals and Tuesday 0 looking at market condition I guess. Out of 6 signals half of them printed green pips but the rest I had to cut my loss. it may have better settings and we are not gonna left money on table.. Thanks to this thread and people. would you mind sharing your scan pls? and what settings do you use? Thx

 

[nhp]

Heres for 1min https://tos.mx/8jEjlmI

Does not work... Comes out way different unreadable using link.. nhp#7190 on discord hmu..

 

[akykn]

I dont have better settings or strategy. Im using the settings from first page what Yung provided

 

[ManOGod]

YungTrader, I am not understanding how Buy and Sell Entries are being leveraged? What does the value represent 20, 20 180? I didn't see any comments in the code. Thanks.

 

[Thomas]

YungTrader, I am not understanding how Buy and Sell Entries are being leveraged? What does the value represent 20, 20 180? I didn't see any comments in the code. Thanks.

Here's my scan,........from the first idea shared,....and my chart is in the thread,....Yung needs a true explanation of his method, and strategy, it's too confusing, but he's not answering fully, maybe too busy??????? https://tos.mx/VWYfGW7

 

[akykn]

Here's my scan,........from the first idea shared,....and my chart is in the thread,....Yung needs a true explanation of his method, and strategy, it's too confusing, but he's not answering fully, maybe too busy??????? https://tos.mx/VWYfGW7

I think he is busy

 

[ManOGod]

Thanks, Thomas. Do you trade strictly equities or options? The scan works great. I am looking at ATEX.

 

[Thomas]

Thanks, Thomas. Do you trade strictly equities or options? The scan works great. I am looking at ATEX.

Continue to monitor the scan and react to the first few that populate on open, I trade strictly stocks,......my positions are commodities 98%,......ATEX,....you see easily where the entry is, looks like a short or pullback maybe in the works,....you see the action once a magenta candle forms

 

[akykn]

ATEX doesnt look promising. Reasons; Outside the bollinger band with bearish vol most likely its gonna close inside the bollinger band and
Using your scan I've got signals with JNJ and YUM (only SP500) they're both gave me green pips but when I scan again YUM disappeared somehow. Why do you think ? (It didnt make move against the signal still in trade)

 

[wen]

did u guys get alert KGK DHT VOXX?