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
  2. Trading Modes

Day Mode

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Last updated 1 year ago

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  • Example:
  • BTC: March 23, 2024

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Timeframe: 15 minute

Typical Trade Duration: 30 minutes - 4 hours

Ideal Use: Day trading; looking to close positions by the end of day

Example:

BTC: March 23, 2024

  • Combining Elliott Wave and Fibonacci with the buy signal from Quantum Wave

  • Conditions

    • Green, Yellow, Red, and White Waves align at the oversold area

    • Buy signal is indicated by the green bar

    • White bar indicates a crossover and price should start reversing