Metal do you think you could create a video how to draw and S/R levels manually and then use your indicator with a a few stocks or SPY please
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When you enter your trades, does the 2 minute candle have to close first ? or do you not wait, and enter the trade as the price goes above or below 20ema ?Todays Trades. No Losses! Great day!
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AAPL:View attachment 23729
SPX:
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AMD:
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this is the simple linear regression channel does it plot automatically every day.I forgot this trade today. View attachment 20989
Nope. This is the Anchored LRC It does plot automatically every day. I use LRC-V5.this is the simple linear regression channel does it plot automatically every day.
Hi. Looks great. I'm still uncertain how to use this though. What calls/puts would you trade? How far is the expiration? Are there certain criteria that you are using to select the calls/puts? Specific Delta's? etc. I think I understand the checklist that you go through (line cross, ema, etc) but just not clear on how would choose which options to trade. Thank you.Fridays Trades- This Strat is Killing it! Great job everyone, It was an easy day!
Have a Great Weekend.
SPX- $1,535.00 Profit
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RGTI: I could/should have done better. My BIAS was in the way. I anticipated RGTI to go straight to $8.00. Ended up $540..00 Profit!
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Hey Joe,Hi. Looks great. I'm still uncertain how to use this though. What calls/puts would you trade? How far is the expiration? Are there certain criteria that you are using to select the calls/puts? Specific Delta's? etc. I think I understand the checklist that you go through (line cross, ema, etc) but just not clear on how would choose which options to trade. Thank you.
I have had others say this happens to them. I believe the reason that it may move is the "Expansion Area" "Bar to the right" in the time axis in chart settings, Needs to be no more than 50. I keep mine less than 30. I do not know why this can affect it or if it is what is causing. Give this a try and see if this will help. My levels may have moved slightly but it was so little that it doesn't affect my trading. The level will also slightly change based on the time frames you may use. I use 2m only with the LRC_V5. The reason for this is the LRC uses highs and lows throughout PreMarket. 15m High and lows will be different from where the 2minute highs and lows will project the lines.Hi @METAL ! Quick question about your script. I noticed while testing during market hours that the LRC lines will shift throughout the day. The LRC lines does not stay at the same levels compared to when the market opens. Is it supposed to be like this or did I load the script wrong? Thanks!
I use the V5 for all charts now. I do not have the 20 ema colored because it helps me to see it up in my grids.@METAL hello! do you have an updated Grid that you watch(with the 12 charts)--
i have your LRC_Grid-V2 but not sure if its better to use the LRC_V5 on there or LRC_MultiDay_V21. also the EMA 20 isn't colored... just curious how you have it as of 2025.. have a TOS link to your most updated Grid? Thanks so much!!
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