Quantum Wave
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  • 🌊Quantum Wave Guide
    • Introduction
      • Purpose
      • Key Concepts
      • Prerequisites
    • Getting Started
      • Installation
      • Settings
      • Combining with Strategies
      • How to update Quantum Wave
    • Understanding Quantum Wave
      • Hypothesis
      • Overbought and Oversold
      • Visual Aid
    • Trading Modes
      • Scalp Mode
      • Day Mode
      • Swing Mode (Default)
      • Position Mode
      • Automatic
    • Features
      • Confirmation Mode
      • Overwrite Mode
    • Strategy
    • Important Tips & Tricks
    • Examples
    • tldr;
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  1. 🌊Quantum Wave Guide

Important Tips & Tricks

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Last updated 1 year ago

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  • Tip #1
  • Utilize the Red wave to look for long or short setups. By doing so, you increase the probability of a successful setup by eliminating false signals
  • Tip #2
  • If you get an extremely volatile move and a signal pops up, it is a sign to take profits or close position, NOT to enter.
  • Tip #3
  • If price does not reverse immediately, the trade is still valid.
  • Tip #4:
  • The highest confluence setup is when all 4 waves are together

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Tip #1

Utilize the Red wave to look for long or short setups. By doing so, you increase the probability of a successful setup by eliminating false signals

  • If the red wave is oversold, look for buy signals

  • If the red wave is overbought, look for sell signals

Buy signal but the red wave has not turned up; Selling pressure is still prevalent

Tip #2

If you get an extremely volatile move and a signal pops up, it is a sign to take profits or close position, NOT to enter.

Sell signal during a volatile move

Tip #3

If price does not reverse immediately, the trade is still valid.

  • Every trade will go against you in some way, so it is important that you manage your risk and/or leave room. In the example below, we can see not so long after price reverses extensively

Delayed Sell Signal

Tip #4:

The highest confluence setup is when all 4 waves are together

Sell signals when all waves together