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Quantum Observer Lite User Guide

SAXO:USDAUD   U.S. Dollar / Australian Dollar
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.
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Comments

Hi, this looks amazing. May I ask how can I use the script? The latest script in your profile is 'SMU Market Window with Price Waves'
Cheers!
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Keep posting
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good job
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nice video, but still totally confused on how and when a specific buy signal is generated in real time. Maybe can do a bar by bar simulation and see how the signals show up ?
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This explains it all in much better clarity. I was always scratching my head as to how to follow the signals. Thanks for the in-depth video of it.
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How do I get this Q-Lite script now? Is it newer than the SMU observer I got from you last week? Also just a question... I prefer to trade on the 4 hr time frame and hold positions for days or weeks. Which one of your tools works best for such swing trading? Thanks so much!
Reply
First, thank you for sharing this strategy.

But, I do have a question. When I replay your chart and start during an uptrend in some instrument (SPY, for example), your arrow never goes to "Buy;" it just vacillates between "Hold" and "Sell." How and when does your system generate "Buy" signals?
+4 Reply
same here
Reply
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