NovaQuant Guide
The Price Pilot · Trading Reference
1. Signal Confirmation
NovaQuant fires Bull Signal → Bottom Heatmap Ribbon must be GREEN
NovaQuant fires Bear Signal → Bottom Heatmap Ribbon must be RED
Ribbon does not match? → Skip the trade. Wait for next setup.
2. Entry Rule
NovaQuant Signal + Heatmap Ribbon colour confirmed → wait for the NEXT candle
Bull entry → next candle breaks the signal candle HIGH
Bear entry → next candle breaks the signal candle LOW
3. Stop Loss
Bull trade → SL below the nearest swing LOW
Bear trade → SL above the nearest swing HIGH
4. Holding the Trend
Stay in the trade as long as trend candles continue in your direction.
Trend candles = strong solid body, consistent colour — sign of strong momentum.
Exit or trail SL when candles change colour or momentum visibly slows.
5. EMA Reversal Zone
Price frequently reverses from the EMA line that runs below the trend.
When price pulls back to this EMA during a trend → high-probability re-entry.
Wait for a signal + ribbon match at the EMA level for confirmation.
6. Recommended Settings
ASSET TIMEFRAME PERIOD
Indices 5m 40
Indices 1m / 3m 55 – 60
Forex · Crypto · Gold 1m / 3m / 5m 70
7. Non-Repaint
Signals do not change after they form.
Live chart and Replay show identical signals.
No shifting. No repaint. Ever.
8. Can't See the Indicator?
Logout of TradingView → Login again → Indicators → Invite-Only → Add NovaQuant
9. How to Set Up Your Indicators
You are provided with TWO indicators as part of your NovaQuant access:
1. NovaQuant — the main signal indicator
2. Heatmap — the ribbon confirmation indicator at the bottom of your chart
Both must be applied to your chart together. Signals from NovaQuant are only valid when confirmed by
the Heatmap ribbon colour.
Step 1 — Open TradingView
Open TradingView on your browser or mobile app and load your preferred chart (Nifty, BankNifty, Forex
pair, Crypto, etc.).
Step 2 — Select the correct timeframe
Set your chart to 1m, 3m, or 5m timeframe. NovaQuant is optimised for these intraday timeframes only.
Step 3 — Add NovaQuant
Click on Indicators at the top of the chart. Go to Invite-Only Scripts. Search for NovaQuant and click to
add it. If not visible, logout and login again then repeat.
Step 4 — Add Heatmap
In the same Invite-Only section, search for Heatmap and add it. The Heatmap will appear as a coloured
ribbon at the bottom of your chart — this is your confirmation filter.
Step 5 — Set the correct Period
Click the Settings icon on NovaQuant. Set Period = 40 for 5m Indices. Set Period = 55 to 60 for 1m and
3m Indices. Set Period = 70 for Forex, Crypto, and Gold on all timeframes.
Step 6 — You are ready to trade
Wait for NovaQuant to fire a Bull or Bear signal. Check the Bottom Heatmap Ribbon — it must match
(GREEN for Bull, RED for Bear). If it matches, wait for the next candle to break the signal candle high
or low. Place your entry and set SL at the nearest swing high or low.
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