Mr. Quant (Jacob)

YouTube

The amount of opportunity is insane... Everyday we build new tools with @LuxAlgo Quant. LIVE on the LuxAlgo Youtube Yesterday we built a Comparative Strength indicator that compares 2 assets, but we found something really interesting.. A specific setup with $XAU, lets look⤵️ The Indicator was built to see when assets that are supposed to move together have a STRONG correlation. (At the end I give the Source Code for free😉) But we thought of something different. "What if we had the indicator use inverse correlated assets that gives us signals when they are correlated" My mind was blown... We all know $DXY & $XAU are the most known inverse correlated assets. Once we added the DXY to the settings and put the indicator on a 5min XAU chart, we started to see magic. We were getting early signs of bigger moves when they were STRONGLY correlated. Using Quant by @LuxAlgo we added a signal when this occurred and the rest was history. Here is the source code completely free - luxalgo.com/quant/b0j1cwr6… Also check out the LIVESTREAM where we built the entire thing - youtube.com/watch?v=Lh2gpZ… We go LIVE every week! Make sure to like, follow, repost and subscribe to the Youtube to be alerted when we build more like this!

It's finally here... and absolutely FREE! I built this entire indicator with our NEW platform @LuxAlgo Quant. A simple concept turned into an INSANE tool in a few prompts. The concept? "Identify HTF Reversal Patterns with LTF Divergences Here is exactly how to use it ⤵️ First add the indicator to your chart: HTF Reversal Divergences [LuxAlgo] tradingview.com/script/ZF0M3jq… First pick your timeframe combo, I suggest: 1min/5min - Scalp 5min/15min - Better setups (less often) 15min/1hr - Short Swing 1hr/4h - Swing The best setups I have seen are: 1. Looking for a low timeframe divergence to form on the 1min or 5min. 2. Then AFTER the divergence a Hammer Candle forming on the higher timeframe. (this candle is plotted on your chart) For 1min the HTF candle would be a 5min Hammer For 5min the HTF candle would be a 15min Hammer We also added an advanced feature where you can have realtime HTF candles plotted to the right of price to further understand where the HTF is coming from. Similar to a traditional PO3 indicator. Hope you enjoy! If you made it this far, make sure to comment, like, follow and repost for more!

@QuantIndicator I just added it and I am amazed how good it is and as per your instructions, look for divergence and then a HTF candle move... the current vs HTF is how I trade and this is perfect for my trading.