In this video, I explained the basics of how to use Quantum Observer Lite script.
I set the pace a bit slower in the video to help international traders using Q-lite get the main points
Q-Lite has 4 signal zones, each with a unique signal. For safer and profitable trades, you must get confirmation from all 4 zones.
Short Entry
Short when Zone 1 is Red, Zone 2 is majority or all Red, Zone 3 is Sell and in zone 4 price is in the short range
Short Entry
Go Long when Zone 1 is Green, Zone 2 is majority or all Green, Zone 3 is Buy and in zone 4 price is in the long range
Wait Signal:
When Zone 3 signal is wait, it means it is not safe to trade. Market maybe going sideways, mixed or has higher risk than reward ratio
Q-Lite by default enforces above rules under "Low" Risk setting.
If you are an experienced trader , change the risk profile to 'Medium" or 'High for more aggressive signal
The Q-Lite backend performs complex calculation and displays the simplified signals on front end.
Q-lite is best used in 10 minutes and above time frames for day trading and scalping. I designed it specifically for novice traders.
If you need more aggressive and faster predictive signal, then use Quantum Observer Pro
I personally use both, Q-Lite in longer time frame to get trend confirmation and use Q-Pro for better entry and exit.
I set the pace a bit slower in the video to help international traders using Q-lite get the main points
Q-Lite has 4 signal zones, each with a unique signal. For safer and profitable trades, you must get confirmation from all 4 zones.
Short Entry
Short when Zone 1 is Red, Zone 2 is majority or all Red, Zone 3 is Sell and in zone 4 price is in the short range
Short Entry
Go Long when Zone 1 is Green, Zone 2 is majority or all Green, Zone 3 is Buy and in zone 4 price is in the long range
Wait Signal:
When Zone 3 signal is wait, it means it is not safe to trade. Market maybe going sideways, mixed or has higher risk than reward ratio
Q-Lite by default enforces above rules under "Low" Risk setting.
If you are an experienced trader , change the risk profile to 'Medium" or 'High for more aggressive signal
The Q-Lite backend performs complex calculation and displays the simplified signals on front end.
Q-lite is best used in 10 minutes and above time frames for day trading and scalping. I designed it specifically for novice traders.
If you need more aggressive and faster predictive signal, then use Quantum Observer Pro
I personally use both, Q-Lite in longer time frame to get trend confirmation and use Q-Pro for better entry and exit.