can i use higher timeframes like 30 minutes or 1 hour?
@gnr23966 ай бұрын
so this strategy does work but ive modified a little but i put the linear regression in a seperate panel below the candle chart so i can actually see where the price is. If the price jumps too much to trigger the alert then i wait for it to retrace a little. Also the other thing is if you are in a strong trend trading against it without cause is also asking for trouble The other thing i love about the video is trading during the appropriate market window for what your trading. You are going to get your lunch handed to you if you trade outside that window with a lot of false signals which goes for any other strategy. I use it on 15 minute usdcad chart and it works pretty well. I also like using linear regression to show when trends are getting weaker and may flip. its really helpful for that.
@takudzwadhambuza36946 ай бұрын
How are you sir can I have your WhatsApp number so that we share ideas
@martinsrenovations36411 ай бұрын
Linear regression candle indicators can have incredibly inaccurate entries and exits when being used on live candles.
@definitionXrp3 ай бұрын
Why did he make this video
@VOGE136Ай бұрын
You need to pair it with other special indicators otherwise it's a game changer 😅
@The_Stoic_Trader11 күн бұрын
@@definitionXrp just for youtube monetisation. All these strategies means nothing if not showed in realtime, live.
@demforextrading335311 ай бұрын
One thing to note: The actual candles (the wicks and body) isn't taken into account during the backtest. Where the UT buy/sell signal is given, the actual candles (not the regression candles) are usually a couple of pips above or below the regression candles. If you would turn the wicks and body on, you would be able to see this. So backtesting this strategy with regression candles and real candles being turned on would lose money over a number of trades. If forex was only this easy.
@dennis678911 ай бұрын
I was using TV replay and knew something was wrong. Thank you
@vss1234510 ай бұрын
Correct! Still a decent plan, but the regression candles give a different proit/loss.
@83thamira9 ай бұрын
You're correct.
@VinoTonto19 ай бұрын
Just use the Supertrend indicator to verify the UT Bot signal. (instead of Lin.Reg candles) ☝🏼😏
@cubegift3306Ай бұрын
And therefore, this strategy doesn't work in real life trading.. A real market price would be way different from price showing for LinReg Candles.. Wasted my time again..
@kunlea653611 ай бұрын
Crazy but it does work! Tested it today and made something decent. Made some early entries when UT Bot signal showed up but i realized it pays to be really patient and wait for price to close under the Linear Regression Plot line. If you don't you would soon find out you are in heavy drawdown. Key is to Wait and confirm the move before taking a position. Thanks Mo. Awesome stuff
@williamhastings27188 ай бұрын
Is it still working for you? Update please?😊
@Rickycharles-o3y7 ай бұрын
iv noticed if you flick the body candles on and off every now and then you can get a more accurate reading as well as the time goes by
@Justusnbg8 ай бұрын
I have a question: The LinReg Candles are not directly on the market but a bit lower. So, when a buy/sell signal occurs, do you have to buy further down, regardless of the current market situation? Is that even possible ?
@dotseyfaith10 ай бұрын
I like trading the 15 minute time frame. I traded UT bots on the 15 minutes and found that it works just fine. Sometimes price closes above or below the 50 moving average line several times but the trade continues in the right direction for a long time. I closed several trades too early and missed out on big profits. Its a dilemma whether to hold on to trades or not.
@solaiman92677 ай бұрын
Me too
@MOLEGGZ745 ай бұрын
@@solaiman9267nice what settings for the 15 min? Thanka
@jbmahmud14695 ай бұрын
Do you use any other confirmation indicator or just moving average?
@travis21cooper11 ай бұрын
I've seen numerous other videos utilizing linear regression candles for entries and exits and they are all flawed, same as this one. Linear regression candles do not reflect the real prices, so you can't calculate the profit and loss based on the linear regression candles. To determine REAL results, you'd have to utilize the linear regression candles as merely entry / exit signals and use real candles for the actual entries and exits profit calculations.
@sickopath728411 ай бұрын
Yup this. Same with heiken ashiis
@StefanReich11 ай бұрын
Yes it is very annyoing. Why do these creators do this? Shouldn't they know better?
@dobbersfilms11 ай бұрын
Agreed, what I’ve found what works best with ut bots is put a hull suite with it, when color changes on hull suite and once you a get a buy or sell signal use 1:5 risk reward on 1 hr time frame.
@tradesbymo11 ай бұрын
I'll test out your strategy. Thanks for the comment@@dobbersfilms
@MaulikD18249 ай бұрын
did you try this strategy of @dobbersfilms ??? @@tradesbymo
@davidmaxwell342711 ай бұрын
Such a let down. Trading this on demo account tonight and won 3 trades for a total of 7.1% but when I actually checked the real candles I was at -2.6%!!!!
@nikigadermayr52928 ай бұрын
skill issue
@slimskinny10 күн бұрын
I keep the settings on 2/10 clears a lot of noise signals.
@diegovelasquezskinner237510 ай бұрын
Good day Really a very useful and interesting indicator but even more so the Strategy and the combination of indicators A few questions, is the closing of the body of the candles, not the wicks, correct? Only the first 3 operations of the day in NY, is it per pair? , For example XAUUSD Top 3 EURUSD the first 3 US30 The first 3 or just one Active the First 3 in the day and nothing more Thank you so much
@nickellis6402 күн бұрын
you will have to try it out on different charts to find that answer. The key to this is the volume generated by the new York session.
@morpheuzlal6 ай бұрын
on some trade it performs amazing. on same its just sluggish. you can take it for his word.
@GeofclavzOfficialАй бұрын
is it possible to use it on Tokyo session and in different TF? what are the differences if you use it?
@mikebockwurst617510 ай бұрын
It doesnt work for me because it repainted. It opened too much trades, where the signal then disapear and the trade go wrong...
@68FLUX7 ай бұрын
Wait for the candle to close and if you are using alerts to automate it, change the it bot alerts code to only send the alert once the candle is closed
@youradvisor00318 күн бұрын
Is this for spot trade?
@majidghasemian6 ай бұрын
Great! thanks for sharing
@angelo_merra3 ай бұрын
Hi, do you know if it is possible to create an EA with this indicator that can be used with MT4? Thanks and congratulations for your suggestions.
@delainwashington2815Ай бұрын
Hey tradesbymo I wanted to just say this strategy does work and very effective. No indicator is perfect. As far as the delay or not accurate in the price of the market is not a big deal. Every trader I know has two monitors to trade on so I don’t see the issue here. The ut bot with regression is a good reference to market trend with entry exit and stop. Keep up with the good work and don’t pay attention to foolishness pointed out by simple minded people.
@astralbrothers55484 ай бұрын
Use high volume with the UT BOT it’s pretty amazing
@prabhsingh59364 ай бұрын
Hi, can you please explain a bit more? Ut bot with volume with default settings and which timeframe do you use? Thanks
@zahirshaikh2063Ай бұрын
best ut bot time frame, key value 3, atr period 10, for five minute chart, it's amazing work, but patience is most important this strategy, wait for right trade, 1 ya 2 trade is loose, don't panic wait for big volume trade, and risk management also important this strategy, don't risk more than 2 percent your capital per trade
@zahirshaikh2063Ай бұрын
Continue, you trade on forex, stop loss order don't take under 5 pips
@iamorazio11 ай бұрын
Yes and here starts the problem again. When you show a buy or a sell signal, it's way more below or above that candle because they are different candles then the original ones. so the ratio that you are showing us with those examples are wrong.
@raquelgomesdemelo3144 күн бұрын
thanks for the strategy
@fahads_artwork2 ай бұрын
hi, i want to try this b ut i am not able to add 3 indicators ,only 2,trading view subscription is required
@026454324 ай бұрын
Did you ever try 3 and 15 as your settings?
@FrankWilliams79010 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Michelle Stewart
@andrewholmes-17110 ай бұрын
wow.. amazing to see others who trade with Mrs Michelle Stewart, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
@karenrobinson59810 ай бұрын
I invest with Mrs Michelle Stewart too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
@JohnAlbert20910 ай бұрын
this is not the first time i am hearing of Mrs Michelle Stewart and her exploits in the trading world but i have no idea how to reach her.
@DonaldHuge10 ай бұрын
As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.
@FrankWilliams79010 ай бұрын
she often interacts on Telegrams, using the user below.
@AutoVidzzz3 ай бұрын
Have you tried this on London session? Crypto or Forex? Great video BTW
@willywhite96335 ай бұрын
Ut bot works based on the closing over/under the ma. Used in context it has confirmation value
@Joey-Scott197511 ай бұрын
This is one of my favorite channels. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. It always makes my week complete despite the economic downturn. I still manage to earn $22,520 weekly from my investment of $3,200. Thanks to Mrs. Juliet Darren an exceptional Expert
@aaronmorris-12gt311 ай бұрын
Juliet Darren is the key to robust profits. I'm currently trading with her also. Started off with a low amount and now my portfolio is unbelievable.
@Terripitstick11 ай бұрын
She keeps me happy all week knowing I earn $24,560 extra income trading with her😊. Darren is the strategic trader that manage's my account. Her mentorship transformed my approach to investing. I used to chase quick wins, but now I focus on long-term strategies. The results speak for themselves - my portfolio is more stable, and I've achieved financial milestones I never thought possible, this show has been a blessing...
@MohammadHorse-Cozad11 ай бұрын
I have seen a lot of Positive reviews about this "JULIET DARREN". Please how do I reach out to her?
@Joey-Scott197511 ай бұрын
She often interacts on Telegrams, using the user name written below.
@Joey-Scott197511 ай бұрын
@JULIETDARREN...that's it💯.
@ndambukipeter36632 ай бұрын
Does it work ony any timeframe
@tonkihonks34305 ай бұрын
How can we automate this indicator to a trading bot?
@RalfEisental9 ай бұрын
Can someone please help me with my problem? the price on the "UT Bot" chart (1 Minute) is always about one to two minutes behind the current real-time price ! This means I miss important entry and exit points, how can that be ?
@aksaaptr8 ай бұрын
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
@jordanfarrell43815 ай бұрын
ADVICE PLEASE, hello every one i would like to be able to automate UT Bot alerts. And add TP & SL. can anyone share how i can achieve this please.
@jo94411 ай бұрын
I dont think he traded this. Just backtested it. Or he would know price is flying all over the place while the candels looks nice and smooth
@PatrikBerisha7 ай бұрын
This video is misleading, since the regression candles do not show the exact entry/exit.. You're taking the % of profit from the reg.candles. This is wrong and can damage peoples wallet.
@sonalimadushika89579 ай бұрын
I funded from TTP using trendline breakout, RSI, and stochastic.
@lourensjorna369211 ай бұрын
Not even a 3% DD. AMAZING!
@marshallsimien766210 ай бұрын
Very nice design! Although, how would you properly create an alert for the Buy/Sell indicators?
@68FLUX7 ай бұрын
If you know how to code in PineScript then you could add your own alert in the it bot alerts script
@mikewhite9915Ай бұрын
There are programmers that will do this for you in Pinescript…for a cost.
@haverelmink11 ай бұрын
How can you set your TP on future candles that haven't even happened yet? Also, summing the R:R is nonsense. It is the average of the R:R corrected to the volume that matters.
@tradesbymo11 ай бұрын
A trailing stop, you enter the trade, set a SL price and leave the take profit open. When the indicators tell you to exit, exit manually.
@PixleFusionX9 ай бұрын
How to create an alert on TradingView ?
@maxkster11 ай бұрын
One very important thing you missed! How did you pick stock for this strategy? Stock moving side way not really good, also I think with high volume stock with lower float pop and drop quick not much profit on 5min usually, so without a good stock selection this strategy will not work! Can you make a video or add somehow how you choose stock please? Thanks
@145LIMPET11 ай бұрын
Hmmm...I liked some of your other view but this one is meaningless. You need to show the real candles as linear regression lags
@Jebbur11 ай бұрын
What markets did you test this on? Are there particular markets where this strategy works better?
@izzytrades11 ай бұрын
Nasdaq only on Newyork time 5min t.f
@viaanfc11 ай бұрын
Nice strategy I also learned this in my community, Thank You
@Tutu2002610 ай бұрын
what do you mean by new york session?
@tradesbymo10 ай бұрын
Google 'trading sessions'. Can see graphs of when different trading sessions around the world open, this effects the price and market volume and trading outside of sessions usually means consolidation, which means stoploss, stoploss, stoploss
@florinracoveanu177211 ай бұрын
which instrument is this strategy fot? US30?
@tradesbymo11 ай бұрын
NASDAQ, not tested on Forex as of yet
@Madeinlondon675 ай бұрын
Don’t believe all of these posts guys. Be honest now, If you had a system that gives amazing results would you really be sharing it on social media just to get a few quid 😂. If I had designed a system/strategy that was so successful I would be compounding my trades every week and be a multi millionaire in no time. If things sound too good to be true they usually are. Just my opinion
@tradesbymo5 ай бұрын
I day trade the strategy in the course full time, the price tag is there is keep people not serious about trading away, If it was a free video no one would commit to the craft. Also why the course doesn’t cost $1000
@Madeinlondon673 ай бұрын
@@tradesbymo how much does it cost
@xamuelvideos500218 күн бұрын
Yes actually I was raised with love so why not
@bethanythomas783711 ай бұрын
Just signed up for the course😁 can’t wait to see how I get on👍🏽
@brandonself34086 ай бұрын
How did it go?
@samurai-c8g4s5 ай бұрын
how?
@guerrerosdigitales2 ай бұрын
So? 8 month passed, are you making a lot of money?
@bethanythomas78372 ай бұрын
@@guerrerosdigitales yeah it’s been profitable!
@sheilanfc11 ай бұрын
great content
@tsallyt9 ай бұрын
I completed the The5ers prop challenge using MACD and S&R.
@the_ultimate_motivation3 ай бұрын
Heyy can i use for gold
@tradesbymo3 ай бұрын
Not tested but yes it should have a similar result
@marekdabrowski579911 ай бұрын
Thank you
@hubski964610 ай бұрын
Can you test this but with UT bot V5?
@bishplish11 ай бұрын
I live in europe, should i use the uk session?
@SharkyTraderАй бұрын
no, use the new york still
@Jimbo_Jumbo11 ай бұрын
so annoying how tradingview only allows 2 indicators now
@jixxxerrr7 ай бұрын
Say what?? I have more than 3 up on any chart.
@giaodichchibaotradingview7 ай бұрын
pay for it
@kv7011 ай бұрын
Does this work on all time frame?
@zilchde355411 ай бұрын
How do we know you actually made these trades? Could not be so hard to record a live session, and everyone claiming using a strategy with such massive gains never ever shows them live, instead they show a chart and just show what maybe could be the trade have been. In a month more than doubling your money means you will start with $1,000 and be a millionaire within 10 months. So yeah I don't know and professional daytrader with such gains, but your video says "just do it and you will be a millionaire within a year with around half an hour work every day". Sorry man but that is irresponsible since you do not say anything about the risks and do not prove that you actually made these trades instead of picking good trades while putting in some bad ones to not look too good. Do a live record actually using it and show how it goes while being absolutly honest
@tradesbymo11 ай бұрын
NASDAQ 5min chart for the entire month of October, hard to cherry pick. Hope that helps
@MorganJones324511 ай бұрын
Your videos are made of quality 👌 👏
@StefanReich11 ай бұрын
No. This one is nonsense. You can't use linear regression candles for backtesting. They don't show the real prices.
@murkeyfridge91614 ай бұрын
The actual price of the asset will be higher or lower than where the linear regression candle closes so this video makes 0 sense. Your entries would not be at the price where the linear regression candle closes....
@MusaMH8011 ай бұрын
UT Bot Alert is the same as the super trend
@MaulikD18249 ай бұрын
anyone have tried this and get good results ???
@MorraMoments11 ай бұрын
Love this 🎉
@kevinnguyen672710 ай бұрын
Why don't you open a live account with a broker and actually trade? Don't use FX replay or delay indicators. During real-time trading, you will never get an R:R ratio as well as the simulation.
@tradesbymo10 ай бұрын
On my MT5 account I use TheTradingFloor's EA to get a perfect RR based on where I drag my stop loss for entry, enter the exact amount you want to risk too. Great piece of software for trading.
@HasanBalci-w2x10 ай бұрын
it's a very frivolous video. I think you know the situation but you are deliberately ignoring it to gain followers. The opening and closing of real candles and regression candles are very different and your back test is completely nonsense. Don't mislead people to gain 3-5 viewers
@彡x彡-v1n2 ай бұрын
thx
@jameskralovetz79178 ай бұрын
Use this on the daily time frame and you WILL make money! Trust the chart and be patient!
@takudzwadhambuza36946 ай бұрын
How are you sir can I have your WhatsApp number so that we share ideas
@jungeunbi26433 ай бұрын
3 indicator
@andreav742411 ай бұрын
test lorentzian classification indicator
@tradesbymo11 ай бұрын
kzbin.info/www/bejne/gme8mGlmgNOqo9E AI voice but I've tested here
@mansoorshah62716 ай бұрын
Nice strategy but too much concentrate on the trade.
@DR-99911 ай бұрын
UTBot is a repainting indicator. This has been tested as a bot ...it loses money in reality !!
@KNIGHTTEMPLAR55511 ай бұрын
From the candle close and after, doesn’t repaints.Never.
@gnr23966 ай бұрын
@@KNIGHTTEMPLAR555 Correct, i watched it live and it does not repaint. The only time the indicator would disappear is on the current candle thats being calculatedbecause it isnt closed yet but once its closed it wont change
@vetmarie763310 ай бұрын
I WOULD LOVE TO JOIN YOUR TEAM FOR FREE, I JUST GRADUATED FROM SCHOOL AND WANT TO CONTINUE TO LEARN. I WANT CONTINUE LEARNING.
@Waseem_Amin8 ай бұрын
Defo not going to be following you as the indctor is miss leasong and your hiding the real price so people dont see that hardly ever works
@benr20189 ай бұрын
noone should follow this. you will lose money. it's not using current candles and price....delete this video.
@MA-eb9ed11 ай бұрын
entry and exit on LRC is all bullshit. you will never make money.
@RafaTrades5 ай бұрын
fake candles
@santomartinez201111 ай бұрын
THE BACKTESTING RESULT CAN NOT BE SEEN VERY WEL ARE YOU LYING.
@whitewolfnk11 ай бұрын
Can you test order block no Repaint by technostevefr Essential thanks ❤
@n0kr1pt055 ай бұрын
Vermimeguen1opinion
@diegovelasquez946310 ай бұрын
Good day Really a very useful and interesting indicator but even more so the Strategy and the combination of indicators A few questions, is the closing of the body of the candles, not the wicks, correct? Only the first 3 operations of the day in NY, is it per pair? , For example XAUUSD Top 3 EURUSD the first 3 US30 The first 3 or just one Active the First 3 in the day and nothing more Thank you so much
@diegovelasquez946310 ай бұрын
Good day Really a very useful and interesting indicator but even more so the Strategy and the combination of indicators A few questions, is the closing of the body of the candles, not the wicks, correct? Only the first 3 operations of the day in NY, is it per pair? , For example XAUUSD Top 3 EURUSD the first 3 US30 The first 3 or just one Active the First 3 in the day and nothing more Thank you so much